Diameter Signalling Market:
Growth opportunities in the Diameter Signalling market look promising over the next six years. This is mainly attributed to the rising broadband traffics followed by the rising internet adoption and the advanced technology, rising penetration of smartphones around the world.
Diameter Signalling Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The key drivers that are surging the growth of the global diameter signalling market include the rising broadband traffics followed by the increasing internet adoption and growing adoption of advanced technology. Moreover, the growing penetration of smartphones with the rapid proliferation of smart devices along with the increasing adoption of 4G and surged mobile data traffic are generating a large amount of traffic which has further surged the market growth. As per the GSMA in 2019, globally around 5.2 Billion people were subscribed to mobile services, which amounted for 67% of the world’s population. It has surged the demand for the diameter signalling market growth.
The strong demand for internet connections and the introduction of new devices by the top players by partnering, collaboration, and investment strategies is further driving the market growth. In 2020, Bombardier introduced a new EBI Sense digital service for predictive maintenance of rail signalling. The new services are used advanced technology, which includes IoT, cloud, and machine learning for to help transform asset performance data into powerful insights to increase efficiency. On the other hand, the high capital cost and skilled workforce to manage while using the advanced technology services, including cloud computing and IoT devices, is hampering the market growth over the coming years.
Regional Drivers
Based on the region, North America region is predicted to grow at a higher CAGR during the forecast period. This is mainly due to the increasing adoption of advanced technologies followed by the presence of top tech players and the rising government initiatives to digitalize. North America’s internet population has touched over 90% owing to the presence of the top high technology players and the increasing government initiatives and funding. For instance, in March 2021, the President of the United States expanded internet access in North America with a USD 100 Billion investment for a new infrastructure plan. The proposal includes investments in the electric vehicle market and in research and development programs.
Diameter Signalling Market’s leading Manufacturers:
- Oracle Corporation
- Mitel Networks Corporation
- Ribbon Communications Operating Company
- Cisco
- Syniverse Technologies
- Sinch
- Dialogic
- Nokia
- Huawei
- BroadForward
- Diametriq
Diameter Signalling Market Segmentation:
Segmentation by Type:
- Diameter Edge Agent [DEA]
- Diameter Interworking Function [IWF]
- Diameter Routing Agent [DRA]
- Others
Segmentation by Offering:
- Software
- Hardware
- Solutions
Segmentation by Systems:
- Process Systems
- Analysis Systems
Segmentation by Connectivity Technology:
- 3G
- 4G
- 5G
Segmentation by Application:
- Policy Management
- LTE Broadcast
- Mobility and Voice over LTE [VoLTE]
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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