Self-Organizing Network (SON) spending to reach $3 billion by 2016, says SNS Research report
DUBAI, UAE. 17th March 2014: SNS Research's latest report indicates that global spending on Self-Organizing Network (SON) technology will account for over $3 Billion annually by the end of 2016.
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 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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About SNS Research
SNS Research is one of the most foremost market intelligence and consulting firms for the worldwide telecommunications industry, with a particular focus on wireless infrastructure and mobile devices. Developed by leading industry analysts our market intelligence and consultancy services provide unique insights to the global telecommunications industry with information ranging from niche details of mobile handset models to tracking to large network infrastructure contracts and cellular network operator metrics. Whether your focus is strategic decision making, service development, investment or marketing, our services will allow you to make optimal decisions with self-assurance.