SON (Self-Organizing Networks) Market Driven By 5G Era to be $5.5 Billion By 2030 - Opportunities, Challenges, Strategies & Forecasts

Global investments in SON technology are expected to grow at a CAGR of approximately 11% between 2019 and 2022. By the end of 2022, SON will account for a market worth $5.5 Billion.

The report presents an in-depth assessment of the SON and associated mobile network optimization ecosystem, including market drivers, challenges, enabling technologies, functional areas, use cases, key trends, standardization, regulatory landscape, mobile operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents revenue forecasts for both SON and conventional mobile network optimization, along with individual projections for 10 SON submarkets, and 6 regions from 2019 till 2030.

This is the most comprehensive report on the SON (Self-Organizing Networks) market and will be equally applicable to all 800+ mobile operators worldwide, as well as their suppliers.

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Key findings of the Report include:
Largely driven by the increasing complexity of today's multi-RAN mobile networks – including network densification and spectrum heterogeneity, as well as 5G NR (New Radio) infrastructure rollouts, global investments in SON technology are expected to grow at a CAGR of approximately 11% between 2019 and 2022.
By the end of 2022, SON will account for a market worth $5.5 Billion.
The growing adoption of SON technology has brought about a host of practical benefits for early adopters – ranging from more than a 50% decline in dropped calls and reduction in network congestion during special events by a staggering 80% to OpEx savings of more than 30% and an increase in service revenue by 5-10%.
In addition, SON mechanisms are playing a pivotal role in accelerating the adoption of 5G networks
To better address network performance challenges amidst increasing complexity, C-SON platforms are leveraging an array of complementary technologies – from artificial intelligence and machine learning algorithms to Big Data technologies and the use of alternative data
In addition to infrastructure vendor and third-party offerings, mobile operator developed SON solutions are also beginning to emerge

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Topics covered in the report include SON ecosystem, Market drivers and barriers, Conventional mobile network planning & optimization, Mobile network infrastructure spending, traffic projections and value chain, SON technology, architecture & functional areas, Review of over 30 SON use cases – ranging from automated neighbor relations and parameter optimization to self-protection and cognitive networks, Case studies of 15 commercial SON deployments by mobile operators, Complementary technologies, Key trends in next-generation LTE and 5G SON implementations, Regulatory landscape, collaborative initiatives and standardization, SON future roadmap: 2019 – 2030, Profiles and strategies of more than 160 leading ecosystem players including wireless network infrastructure OEMs, SON solution providers and mobile operators, Strategic recommendations for SON solution providers and mobile operators, Market analysis and forecasts from 2019 till 2030

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Release ID: 410038