Diameter Signaling Market Research Report, by Type (Diameter Routing Agent , Diameter Edge Agent, Diameter agent, and Diameter interworking function) and by Application (LTE Broadcast, Policy, Mobility, and Voice over LTE) – Forecast till 2023
Pune, India – February 11, 2019 —
Diameter Signaling Market Scenario:
In the growth of the Internet of Things (IoT), diameter signaling platform is anticipated to play a crucial role. Market Research Future (MRFR) has published a research report about the global diameter signaling market that estimates enormous expansion for this market at 44.19% CAGR (Compound Annual Growth Rate) between 2017 and 2023. By value, the market has been figured to be worth the USD 11 bn by the end of forecast period.
The pivotal factor aiding the global diameter signaling market growth is the increase in adoption of Voice-over-LTE (VoLTE) and Voice-over-Wi-Fi (VoWiFi) technologies because diameter routing agent (DRA) is an important component for both technologies. DRA is a type of diameter signaling. The second factor leading to market growth is growing need to develop new signaling infrastructure to counter the challenges such as scalability & maintenance. Diameter Signaling Market also helps to overcome challenges related to the flexibility of network, security, interconnect and protocol interworking & transparency. Other factors assisting the market growth are the increase in the number of mobile users across the globe, increasing utilization of smartphones, more network service providers transforming existing platform to Long-Term Evolution (LTE), and rise in disposable income. However, roaming complexity is a major challenge that can hinder the growth of the diameter signaling market.
The global diameter signaling market has been segmented on the basis of application, type, and lastly, region. The application-based segmentation has segmented this market into LTE Broadcast, Mobility, Policy, and Voice over LTE (VoLTE). During the forecast period, the policy segment is expected to be the fastest growing segment in the market.
By type, the market has been segmented into diameter agent (DA), diameter edge agent (DEA), diameter interworking function (IWF), DRA, and others. During the forecast period, DRA segment is expected to rise as a prominent segment whose worth is expected to reach USD 7,045 mn by 2023.
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Major Key Players:
The key players in the global diameter signaling market include Ericsson AB (Sweden), F5 Networks, Inc. (USA), Huawei Technologies Co., Ltd (China), Mitel Networks Corporation (Canada), Oracle Corporation (USA), and Sonus (USA).
The regional segmentation of the global diameter signaling market has segmented the global market into regional markets known as North America, Europe, Asia Pacific, and rest of the world (RoW). During the forecast period, North America is expected to attain maximum growth in the global market. In this region, the market is expanding due to advance technological infrastructure, powerful telecommunication industry, the high purchasing power of consumers, and the presence of many global players. The high-profile country-specific markets in this region are the USA, Canada, and Mexico.
Being the second largest regional market, the Asia Pacific region is presumed to be the dominating regional market across the whole global market during the forecast period. In this region, the market is expanding due to the increase in the adoption rate for 4G enabled smart devices. Prominent country-specific markets in this region are China, India, Indonesia, Japan, and South Korea, followed by the remaining countries of the Asia Pacific region.
During the forecast period, Europe is another important regional market that can grow. In this region, the market is expanding due to the technological advancement and presence of many key market players. The most powerful economies that can be suitable markets in this region are France, Germany, and the UK.
Latest Industry News:
• SaskTel has replaced their F5 SDC Diameter routers by deploying BroadForward Next Generation Diameter Signaling Controller in its wireless network. 21 NOV 2018
• Mobileum Inc. (“Mobileum”), a leading global analytics-based roaming and risk management solutions provider has acquired Evolved Intelligence Ltd, (“EI”) for an undisclosed price. 29 OCT 2018
• Storage providers
• Network equipment providers
• Telecom operators
• Research firms
• Electronic industry
• Government Agencies
• Military and defense
• Aerospace industry
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Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research objective
1.3 Market Structure
2 Research Methodology
2.1 Research Industrial Analytics
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
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