Reportstack has announced a new industry report on Self-Organizing Networks (SON) Ecosystem: 2014 - 2020 that indicates global spending SON technology will account for over $3 Billion annually by the end of 2016.
PRLog - Mar. 17, 2014 - NAPERVILLE, Ill. -- Self-Organizing Networks (SON) minimizes the lifecycle cost of running a wireless carrier network by eliminating manual configuration of equipment at the time of deployment, right through to dynamically optimizing performance and troubleshooting during operation. This can significantly reduce the cost of the carrier’s services, improving the OpEx to revenue ratio.
Amid growing demands for mobile broadband connectivity, wireless carriers are keen to capitalize on SON to minimize rollout delays and operational expenditures associated with their ongoing LTE and small cell deployments. Originally targeted for the Radio Access Network (RAN) segment of wireless carrier networks, SON technology is now also utilized in the mobile core and mobile backhaul segments.
Despite challenges relating to implementation complexities and multi-vendor interoperability, SON revenue is expected to grow to more than $3 Billion by the end of 2016, exceeding conventional mobile network optimization revenue by over 20%.
The Self-Organizing Networks (SON) Ecosystem: 2014 – 2020 report presents an in-depth assessment of the SON and associated mobile network optimization ecosystem including key market drivers, challenges, OpEx and CapEx savings potential, use cases, SON deployment case studies, future roadmap, value chain, vendor analysis and strategies. The report also presents revenue forecasts for both SON and conventional mobile network optimization, along with individual projections for 8 SON submarkets from 2014 through to 2020. Historical figures are also presented for 2010, 2011, 2012 and 2013.
The report has the following key findings:
- Despite challenges relating to implementation complexities and multi-vendor interoperability, SON revenue is expected to grow to more than $3 Billion by the end of 2016, exceeding conventional mobile network optimization revenue by over 20%
- Driven by large scale TD-LTE rollouts and ongoing SON deployments, the Asia Pacific region will account for nearly 40% of the global mobile network optimization market by 2016
- The analysis estimates that SON can enable wireless carriers to save up to 35% of their electrical power consumption by dynamically by activating and deactivating RAN nodes in line with the changing traffic and user distribution profile
- The analysis estimates that a Tier 1 wireless carrier can save as much as 32% of its overall OpEx by employing SON across the RAN, mobile core and mobile backhaul segments of the network
- Wireless carriers have reported up to a 40% reduction in dropped calls and over 20% higher data rates with SON implementation
- Infrastructure and software incumbents are aggressively eyeing on acquisitions of smaller established C-SON players to accelerate their early entry path into the C-SON market
The report will be of value to current and future potential investors into the SON and mobile network optimization industry, as well as mobile network optimization solution providers, wireless carriers and infrastructure/device OEMs who wish to broaden their knowledge of the SON ecosystem. For further information concerning the Reportstack's report or to obtain sample of the report, please visit The Self-Organizing Networks (SON) Ecosystem: 2014 - 2020.
Related Reports from Reportstack:
The Public Safety LTE & Mobile Broadband Market: 2014 - 2020
The 2G, 3G and 4G Wireless Network Infrastructure Market: 2014 - 2020 - with an Evaluation of WiFi and WiMAX
The LTE, LTE-Advanced & 5G Ecosystem: 2014 - 2020 - Infrastructure, Devices, Subscriptions & Operator Revenue
Read Full Story - Self-Organizing Network (SON) Spending to Reach $3 billion by 2016, says Reportstack Research report | More news from this source
Press release distribution by PRLog
Self-Organizing Network (SON) Spending to Reach $3 billion by 2016, says Reportstack Research report
March 17, 2014 at 13:51 PM EDT