Diameter Signaling Market Scenario: —
With the growth of the Internet of Things (IoT), the diameter signaling platform market is growing because the diameter signaling platform is important for IoT. Market Research Future (MRFR) has published a research report about the global diameter signaling market that expects advancement for this market at 44.19% CAGR (Compound Annual Growth Rate) between 2017 and 2023.
By value, the market has been figured to be worth the USD 11 bn by the end of the forecast period.
The major factors extending the global Diameter Signaling Market growth include heavy traffic of data and an increase in the adoption of technologies like Voice-over-LTE (VoLTE) and Voice-over-Wi-Fi (VoWiFi).
The other factors positively impacting the growth include growth in the field signaling traffic needs, need for the development of the new signaling infrastructure (more advanced), the flexibility of a network, better security, increasing utilization of smartphones, and rising global disposable income. However, roaming complexity is considered as a major obstacle in the market growth.
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Major Key Players:
The key players in the global diameter signaling market include F5 Networks, Inc. (USA), Ericsson AB (Sweden), Mitel Networks Corporation (Canada), Huawei Technologies Co. Ltd (China), Oracle Corporation (USA), and Sonus (USA).
The global diameter signaling market can be segmented on the basis of application, type, and lastly, region. The application-based segmentation can segment this market into long-term evolution (LTE) broadcast, mobility, policy, and voice-over LTE (VoLTE). During the forecast period, the policy segment can witness the fastest growth.
By type, the market segmentation covers diameter agent (DA), diameter interworking function (IWF), diameter edge agent (DEA), diameter routing agent (DRA), and others. By the end of the forecast period, the DRA segment is expected to be worth the US $ 7,045 mn. IWF provides interworking capability for diameter and SS7 that can be dynamically customized via script or plug-ins. DEA provides the extra security required by communications service providers (CSPs) in order to connect with third-party partners in a more secure way at a time when sharing resources are necessary. Mobile companies use DEA at them of providing roaming services, and banks and other financial institutions use it for billing cases. DRA is defined as a functional element in a 3G/4G network that offers real-time routing capabilities that can ensure routing of messages among the correct elements in a network.
As per the regional segmentation, the global diameter signaling market can be segmented into the regional markets namely the Asia Pacific, North America, Europe, and the rest of the world (RoW). The Asia Pacific region is the largest regional market due to the increasing adoption rate for 4G enabled smart devices. The primary country-specific markets in this region are China, India, Indonesia, Japan, and South Korea, followed by the remaining countries of Asia.
North America is the second most important regional market due to the presence of key market players, advanced technological infrastructure, and powerful telecommunication industry. The major economies in this region are the USA, Canada, and Mexico.
Europe is the third major regional market that is expected to grow due to the reasons that are the same as in North America. In this region, the economies that can generate maximum market revenue include France, Germany, and the UK.
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Latest Industry News:
• Tinkoff Mobile and AinaCom have chosen BroadForward diameter signaling controller for its services. 5 MAR 2019
• Telia Finland has reached an agreement with Aina Group to acquire all of AinaCom's share capital. AinaCom offers corporate customers voice, information technology (IT) services, mobile, and network services. 25 OCT 2018
• Storage providers
• Network equipment providers
• Telecom operators
• Research firms
• Electronic industry
• Government Agencies
• Military and defense
• Aerospace industry
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Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research objective
1.3 Market Structure
2 Research Methodology
2.1 Research Industrial Analytics
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
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Release ID: 503357