Global self-organizing networks market revenue growth driven by the increased demand for broadband services
Global Self-organizing Networks Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-30 07:59:02
At present, fixed-line broadband does not have a considerable presence in developing countries such as India, mainly because of the high cost of the related infrastructure. Consequently, the option of mobile broadband is attractive in such countries. It is expected that there will be rapid adoption of mobile broadband access in both developed and emerging markets during the forecast period. In recent years, the increase in mobile wireless data has been particularly high in emerging countries. Broadband accessibility through mobile devices is now a high priority for people in these countries.
There are several factors driving the growth of the Global SONs market, one of which is the increasing demand for broadband services. In recent years, the Telecom industry has witnessed a surge in data-driven services, a trend that is likely to continue during the forecast period. Such services require higher bandwidth, greater speed, and better coverage. LTE has been recognized as the most efficient mobile technology to cater to the increase in data services, since base stations of different specifications can be deployed to cover and process RF signals in cells as well as in blind spots for these services.
Further, one of the main challenges is the spectrum fragmentation. With the influx of several operators in the market and the costly spectrum, the frequency bands have been fragmented in order to accommodate several technologies and telecom operators. This is a major challenge for the LTE technology, which requires large bandwidth for operations. Depending on factors such as cost and bandwidth, the operators around the world will adopt the technology.
The key players operating in the global self-organizing networks market include Alcatel-Lucent SA, Ericsson AB, Huawei Technologies Co. Ltd., Nokia Solutions and Networks Oy, and ZTE Corp.
The global self-organizing networks market is forecast to increase at a CAGR of 9.91 percent over the period 2013-2018. One of the key factors contributing to this market growth is the Increasing Deployment of LTE. The Global Self-organizing Networks Market has also been witnessing the virtualization of self-organizing networks. However, the spectrum fragmentation could pose a challenge to the growth of this market.
Other companies operating in the market are Amdocs Inc., Aircom International Ltd., Airhop Communications Inc., Aricent Group, Ascom Network Testing Ltd., Astellia SA, Celcite Management Solutions LLC, Celtro Communication Ltd., Centri Technology Inc., Cisco Systems Inc., Eden Rock Communications LLC, Infovista SA, InterDigital Inc., JDSU Corp., Samsung Electronics Co. Ltd., Teoco Corp., and Xceed Technologies Inc.
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