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Self-Organizing Network Market Worth $6.39 Billion by 2023PUNE, India, August 16, 2018 /PRNewswire/ -- According to the new research report on the "Self-Organizing Network Market by Offering (Software, Service), Network Segment (RAN, Core Network, Backhaul, Wi-Fi), Architecture (C-SON, D-SON, H-SON), Network Technology (2G/3G, 4G/LTE, 5G), and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the market is expected to grow from USD 3.64 billion in 2018 to USD 6.39 billion by 2023, at a CAGR of 11.9% between 2018 and 2023. The high demand for wireless connectivity, along with the need to manage the growing network complexity with the increasing number of small cells are the major factors contributing to the growth of the SON market. (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg ) Browse 65 market data Tables and 38 Figures spread through 121 Pages and in-depth TOC on "Self-Organizing Network Market - Global Forecast to 2023" https://www.marketsandmarkets.com/Market-Reports/self-organizing-network-market-36133461.html Early buyers will receive 10% customization on this report The service segment to hold the largest size of the SON market by 2023 The service segment is expected to dominate the SON market during the forecast period. This is due to the fact that once the software is deployed in a network, it requires only maintenance and updating services. As the lifecycle of any SON software is long, several companies implementing the SON software into multi-million dollar, long-term service contracts. The SON market for 5G to grow at the highest CAGR from 2018 to 2023 Among all network technologies, the SON market for 5G is likely to grow at the highest CAGR during the forecast period. 5G is 1,000 times faster than 4G, which would lead to a significant increase in the data transfer in the network and poised to increase network-related isues at users' end. SON can be used to reduce complexity through advanced automation. SON will support the launch of 5G technology with minimal failures in the network infrastructure. Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=36133461 Asia Pacific to hold the largest share of the SON market by 2023 Asia Pacific is expected to hold the largest share of the SON market by 2023. Asia Pacific may witness high mobile data, traffic rate due to the growing number of planned deployments of LTE networks and upcoming 5G. The region has also witnessed growth in the adoption of smart devices and internet connections. These factors lead to the increased complexity of the network. Hence, the implementation of SON solutions is necessary to boost the network capacity, and reduce the complexity of the network in a cost-effective manner. The report profiles key players in the SON market. The competitive landscape of the market presents an interesting picture of the strategies adopted by these players to grow in the market. S Airspan (US), TEOCO (US), Ericsson (Sweden), Cisco (US), Amdocs (US), Huawei (China), NEC (Japan), Nokia (Finland), Rohde & Schwarz (Germany), Qualcomm (US), VIAVI Solutions (US), Cellwize (Singapore), BLiNQ Networks (Canada), Bwtech (Brazil), Comarch (Poland), Casa Systems (US), Airhop (US), CCS Ltd. (UK), CommScope (US), and P.I. Works (Turkey) are among a few major players in this market. Know more about the Self-Organizing Network Market: https://www.marketsandmarkets.com/Market-Reports/self-organizing-network-market-36133461.html MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Visit Our Blog: https://www.marketsandmarkets.com/ResearchInsight/self-organizing-network-market.asp Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets 
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