According to the new market research report, “Diameter Signaling Market with CoVID-19 Impact by Offering (Hardware, Software & Solutions), Hardware Type (Process Systems, Analysis Systems), Connectivity Technology (3G, 4G, 5G), Applications, Standard Protocol and Region – Global Forecast to 2025″ The diameter signaling market valued USD 1.1 billion in 2020 and is projected to reach USD 1.6 billion by 2025; expected to grow at a CAGR of 7.1% from 2020 and 2025. The factors that are driving the growth of the market includes increase in mobile data traffic due to rapid proliferation of smart connected devices, escalated need for Diameter signaling with emergence of new uses cases of LTE networks.
• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=226736526
Major players included in the diameter signaling market are Huawei (China),Oracle(US), Ericsson (Sweden), Nokia (Finland), Cisco (US). The other key players in this market include companies such as Dialogic (US), BroadForward (Netherlands), Diametriq (US), and Sinch (Sweden) Syniverse Technologies (US).
Browse 199 market data Tables and 43 Figures spread through 173 Pages and in-depth TOC on “Diameter Signaling Market with CoVID-19 Impact – Global Forecast to 2025”
“Software & Solutions segment to grow at highest CAGR in global process automation and instrumentation market“
The highest growth CAGR of the software & solutions segment is attributed to the increasing awareness about the importance of signaling software implementation in communication networks to ensure high-speed and large network coverage and improve signaling network scalability, protocol interworking, and traffic management
“4G connectivity technology segment dominates the diameter signaling market”
With the growing number of mobile and 4G subscribers, there is an increase in mobile traffic, which is creating a requirement for signaling devices. Diameter signaling solutions address the issue of growing data traffic in communication networks. At present, communication networks such as 4G and 5G utilize Diameter signaling protocols for internetworking, routing, load balancing, mobility management, and policy management applications. Diameter signaling products are utilized in communication networks to ensure centralized routing, efficient management of network traffic, simplify complex mesh, and improve network performance
“Convergent signaling solutions are driving the growth for diameter signaling market”
With the mass deployment of LTE networks, carriers’ operators are facing pressure from the old SS7 equipment and require a convergent signaling network that can operate both 3G and 4G applications, coupled with a signaling service processing system that is capable of functioning both as Signal Transfer Point (STP), Diameter Routing Agent (DRA), and Diameter Edge Agent (DEA).
Convergent signaling networks can help minimize operating expenses by lowering network deployment costs, reducing the number of network devices by half, and simultaneously simplifying the signal bearing and enabling hardware resource sharing between the signaling networks to improve the network evolution flexibility. This offers a simple and common infrastructure to manage both SS7 and Diameter signaling. It further maximizes the return on investment (RoI) and minimizes the OPEX for carriers.
“APAC to be the fastest-growing market for diameter signaling market from 2020 to 2025”
The market in APAC is expected to grow at the highest CAGR during the forecast period. The growth of the market during the forecast period is expected due to the adoption of new technologies and advancements in the networks. Also, the revenue of telecom service providers in APAC is likely to continue to increase with the rollout of 5G networks. The 5G network would play an integral role in the utilization of advanced technologies such as the Internet of Things (IoT) and machine-to-machine communication (M2M).
China is the biggest market in APAC for connected cars, and the telecommunication sector in this country is witnessing steady growth. Huge population and millions of mobile subscribers utilizing more content and data than ever before will further create the requirement for signaling devices
About MarketsandMarkets™
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, “Knowledgestore” 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.
Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/diameter-signaling-market-226736526.html