Mobile backhaul Self-Organizing Network (SON) spending to surpass $700 Million by 2020, says SNS Research report
DUBAI, UAE. 12th June 2014: SNS Research's latest report indicates that global spending on Self-Organizing Network (SON) technology for mobile backhaul will account for over $700 Million annually by the end of 2020.
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.
Driven by large scale backhaul requirements to serve both macrocell and small cell RAN sites, SON technology is increasingly gaining momentum in the mobile backhaul arena with a major focus on provisioning, integration, bandwidth optimization and interference management. Mobile backhaul SON revenue is expected to grow to more than $700 Million by the end of 2020, following a CAGR of 48% between 2014 and 2020.
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 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 SNS Research report "The Self-Organizing Networks (SON) Ecosystem: 2014 – 2020" please visit: http://www.snstelecom.com/son
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