Breaking Boundaries: Diameter Signaling Market $1.6 Billion Vision by 2025
With a strong compound annual growth rate (CAGR) of 7.1%, the Diameter Signaling Market, valued at USD 1.1 billion in 2020, is expected to reach USD 1.6 billion by 2025.
The primary driver of this growth trajectory is the increase in mobile data traffic brought about by the increasing use of smart, connected gadgets. With new LTE network use cases emerging, diameter signalling is becoming more and more important as the need for seamless connectivity grows. The market is gaining a lot of momentum since reliable signalling solutions are required to support the changing telecom environment. Further supporting market expansion are developments in connectivity technologies like 3G, 4G, and the emerging 5G ecosystem, which place diameter signalling as a critical element in guaranteeing effective network management and flawless user experiences.
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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).
Software & Solutions segment to grow at highest CAGR in global process automation and instrumentation market
The diameter signalling market's software & solutions segment is expanding at an impressive rate, largely due to increased awareness of the critical role that signalling software plays in communication networks. Strong signalling software implementation is becoming increasingly important as the need for fast connectivity and wide network coverage grows. These software programmes are essential for improving the scalability of signalling networks, guaranteeing smooth protocol interoperability, and efficiently controlling network traffic. As a result, in order to maximise network performance and provide better user experiences, telecommunications companies and network operators are investing more money in cutting-edge software solutions. This pattern emphasises how crucial software and solutions are to the expansion and development of the diameter signalling industry.
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4G connectivity technology segment dominates the diameter signaling market
Robust signalling solutions are required due to the enormous rise in mobile data traffic caused by the spike in mobile subscribers and the widespread adoption of 4G technology. Solutions for diameter signalling have become essential instruments for managing the increasing volume of data in communication networks. Diameter signalling protocols are being used by 4G and 5G communication networks for a number of essential tasks, such as internetworking, routing, load balancing, mobility management, and policy administration. In order to guarantee centralised routing, optimise network traffic management, streamline intricate network architectures, and improve overall network performance, these solutions are essential. As a result, as telecommunication networks look for effective and scalable ways to meet the always increasing demands of mobile data traffic, the market for dialling devices is growing.
Convergent signaling solutions are driving the growth for diameter signaling market
The difficulty of legacy SS7 equipment is becoming more and more apparent for carriers and operators as LTE networks are widely deployed. A convergent signalling network that can easily serve both 3G and 4G applications is desperately needed. Furthermore, signalling service processing systems need to be flexible enough to perform as many entities, such as Diameter Routing Agent (DRA), Signal Transfer Point (STP), and Diameter Edge Agent (DEA). For effective communication and interoperability between several mobile network generations, this convergence is crucial. Carriers and operators can overcome the challenges involved in switching between legacy and new network technologies by using such adaptable signalling solutions, which will lead to more seamless operations and improved service delivery.
Carriers have a great chance to simplify their processes and cut costs by implementing convergent signalling networks. Carriers can save a lot of money by integrating their signalling infrastructure, which also results in less hardware needed for network construction. Convergent signalling allows carriers to share resources between SS7 and Diameter signalling networks, simplify signal bearing, and cut down on the number of network devices required by half. This simplified method minimises operational expenses (OPEX) and maximises return on investment (RoI) by maximising resource utilisation. It also improves network flexibility. Convergent signalling networks, in general, give carriers an easier and more affordable way to handle signalling across several mobile network generations, increasing productivity and profitability.
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APAC to be the fastest-growing market for diameter signaling market from 2020 to 2025
Over the course of the projection period, the Asia-Pacific (APAC) region is expected to develop at the fastest compound annual growth rate (CAGR). Numerous factors, such as the broad adoption of new technology and improvements in telecommunications networks, are responsible for this increase. Moreover, the rollout of 5G networks is expected to be the main driver of a steady increase in the income of telecom service providers in Asia-Pacific. It is anticipated that the introduction of 5G technology would transform connection and make it possible for cutting-edge innovations like machine-to-machine (M2M) communication and the Internet of Things (IoT) to be widely adopted. These advancements are expected to transform businesses and spur innovation in a number of fields, which will support the expansion of the APAC telecom market.
As the Asia-Pacific (APAC) region's largest market for connected cars, China's telecoms industry is steadily expanding. The large population of the nation and the millions of mobile phone users are driving an increase in the use of data and content. The requirement for signalling devices in China's telecommunications infrastructure is being driven by this unparalleled demand for connectivity. Reliance on strong signalling systems becomes critical as the automobile industry incorporates more and more cutting-edge technologies, including as autonomous capabilities and connected features, to guarantee smooth data transfer and communication both inside and outside of vehicles. The dynamic telecommunications market in China offers ample chances for signalling device providers to meet the increasing demands of its ever-changing landscape.
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