What are the Historical Developments and Current Growth Metrics of the Self Organizing Network Market?
The self organizing network market has seen considerable growth due to a variety of factors.
• The market size of self-organizing networks has experienced significant growth over the past few years. The projection is for it to increase from $7.45 billion in 2024 to $8.61 billion in 2025, at a compound annual growth rate (CAGR) of 15.6%.
Factors such as heightened mobile data traffic, increasing demand for optimized networks, the complexity of network management, the need for cost-effectiveness, and the rise in adopting cloud computing have contributed to the growth observed in the historic period.
What Is The Projected Growth Of The Self Organizing Network Template Market?
The self organizing network market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for self-organizing networks is anticipated to experience robust expansion in the near future, with an expected value of $15.15 billion in 2029 following a compound annual growth rate (CAGR) of 15.2%.
Factors contributing to this projected surge during the forecast period include heightened involvement in software-defined networking and virtualization, a growing number of interconnected devices, a need for self-operated network management, the fast-paced initiatives for digital transformation, and a focus on sustainability and energy efficiency. Notable trends emerging during the forecast period are augmented automation in network tasks, a move towards dynamic and adaptive network setups, emergence of self-repairing networks, increased use of predictive analytics for optimizing networks and the inclusion of network slicing to provide tailored services.
What Are The Key Drivers Fueling Growth In The Self Organizing Network Market?
The self-organizing network market is predicted to surge due to the exponential increase in mobile data traffic. The term "mobile data traffic" represents the quantity of data that mobile devices, including smartphones, tablets, and other connected gadgets, transmit via cellular networks. Factors such as the widespread adoption of smartphones, growing demand for streaming services, the swell in Internet of Things (IoT) devices, and advancements in mobile network technology contribute to the rise in mobile data traffic. Self-organizing networks support the exponential growth of mobile data traffic by optimally managing network resources, boosting coverage, and improving network efficiency overall. As an example, the mobility report provided by Telefonaktiebolaget LM Ericsson (Ericsson), a Sweden-based network and telecommunications corporation, in March 2024, projects that total worldwide mobile data traffic - barring fixed wireless access (FWA) - will rise from 130 EB per month in 2023 to roughly 403 EB per month by 2029. This represents a growth factor of about 3x. Consequently, the rapid increase in mobile data traffic fuels the growth of the self-organizing network market.
What Are The Principal Market Segments In The Global Self Organizing Network Industry?
The self-organizing network market covered in this report is segmented –
1) By Offering: Software, Service
2) By Network: Radio Access Network (RAN), Wi-Fi, Core Network, Backhaul
3) By Deployment: Public Cloud, Private Cloud, Hybrid Cloud
4) By Application: Network Security And Authentication, Wireless Application Protocol (WAP), Intermachine Communication, Global Positioning System, Gaming, Other Applications
5) By End-User: Telecommunications, Manufacturing, Retail, Healthcare, Banking, Financial Services, And Insurance (BFSI)
Subsegments:
1) By Software: SON Management Software, Optimization Software, Network Automation Software, Analytics And Reporting Software
2) By Service: Consulting Services, Integration Services, Managed Services, Support And Maintenance Services
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What Trends Are Shaping The Self Organizing Network Market?
Leading corporations in the self-organizing network market are prioritizing the development of superior solutions such as devices with dual-link intelligent switching features, which provide an advantage over competitors. This functionality enables the router to smoothly alternate between 5G/4G and wired connections, thereby guaranteeing consistent and uninterrupted network service. For example, in June 2023, Four-Faith Communication Technology Co., Ltd, a Chinese firm specializing in IoT communication equipment and solutions, rolled out a Wi-Fi Mesh Wireless Self-Organizing Network Solution. Employing their 5G Industrial Router (F-NR100), they merged 5G and mesh networking to enable seamless connectivity and trustworthy communication for a multitude of devices, even amidst intricate industrial environments, thus ensuring strong performance with speedy data transmission.
Who Are the Key Players In The Self Organizing Network Market?
Major companies operating in the self-organizing network market report are:
• Verizon Communications Inc.
• Huawei Technologies Co. Ltd.
• Siemens AG
• Cisco Systems Inc.
• Qualcomm Incorporated
• Telefonaktiebolaget LM Ericsson
• Nokia Corporation
• NEC Corporation
• ZTE Corporation
• Corning Incorporated
• Commscope
• Amdocs Inc.
• Rohde & Schwarz
• Viavi Solutions Inc.
• Comarch SA
• Ascom Holding AG
• Infovista
• Casa Systems
• Teoco Corporation
• RadiSys Corporation
• Airspan Networks Inc.
• Cambridge Communication Systems Ltd. (CCS)
• Blinq Networks
• Hughes Systique Corporation
• RED Technologies
• P.I. Works
• Airhop Communications Inc.
What Are The Regional Insights Into The Self Organizing Network Market?
North America was the largest region in the self-organizing Network market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the self-organizing network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
