Diameter Signaling Market Status, Business Opportunities, Trends and Competitive Landscape | COVID-19 Effects

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Market Highlights

Global Diameter Signaling Market spans across North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is expected to be one of the largest markets owing to rising Internet penetration, advancements in 4G and 5G communication networks, and exponential growth of the smartphone market. For the purpose of analysis, the market in Asia-Pacific has been segmented into China, Japan, India, South Korea, and the rest of Asia-Pacific. During the forecast period, China is expected to be the leading country-level market, registering a CAGR of 43.0%, followed by Japan, India, South Korea, and the rest of Asia-Pacific. China has a well-established network infrastructure and a growing IoT market, which demands Diameter signaling for seamless Internet connectivity, thereby propelling the growth of the market. China is expected to be one of the leading countries across the globe for the commercialization of 5G networks by 2025, and the country has been dominating the mobile phone market with a growing number of unique mobile subscribers. Also, the growing number of LTE and VoLTE subscribers are expected to drive the Diameter Signaling Market Share in China during the forecast period. The Diameter signaling market in India is expected to register the highest CAGR of 50.2% during the forecast period owing to an increasing number of LTE connections, rising smartphone adoption, and focus on research, development, and the implementation of 5G technologies.

The high adoption of mobile phones and Internet services in Europe has led to the growth of the Diameter signaling market, which is expected to register a CAGR of 49.4% during the forecast period. Government initiatives supporting the development and implementation of 5G technology having complex infrastructure requiring Diameter signaling are drivers expected to fuel market growth in the region. To facilitate analysis, the European market has been further divided into the UK, Germany, France, Italy, Spain, and the rest of Europe, with the rest of Europe dominating the Diameter signaling market in the region. Under the rest of Europe, the research report covers Poland, Russia, Denmark, and the Netherlands. These countries are registering an increased adoption of smartphones and LTE- and VoLTE-based services, which are driving the demand for Diameter signaling as it allows for easy, reliable, and quick operations. Also, the adoption of IoT and cloud platform is expected to have a positive impact on market growth.

North America is witnessing a steady growth in the global Diameter signaling market. For the purpose of analysis, North America has been segmented into three countries, the US, Canada, and Mexico, amongst which the US is the major revenue contributor to the market in the region.

Global Diameter Signaling Market is expected to reach USD 20,149.58 Million by 2025 and register a CAGR of over 44.81% during the forecast period 2019–2025.

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Segmental Analysis

The Global Software Defined-Wide Area Network Market has been segmented on the basis of Vertical, Deployment, Component, and Region.

Based on the Component, the SD-WAN market has been bifurcated into appliances and services. The appliances segment accounted for the prime market share of 55% in 2018, and it is expected to register a fast CAGR during the review period. The services segment was likely to grow at the higher CAGR of 47.7% during the forecast period.

The SD-WAN market was segmented into the cloud and the on-premises by deployment. The on-premises SD-WAN segment accounted for the largest market share in 2018, and a CAGR of 53.1 per cent is expected to be recorded during the forecast period. The cloud segment was the second-largest market in 2018 and the highest CAGR is expected to be recorded during the forecast period.

The SD-WAN sector was divided into retail, IT & telecommunications, healthcare, BFSI, manufacturing, and others centered on Vertical. The IT & Telecommunications segment accounted for the largest market share in 2018, and a CAGR of 43 per cent is expected to be recorded over the forecast period.

Regional Analysis

The global business regional analysis was conducted in four major regions including Asia Pacific, North America, Europe and the rest of the world.

North America 's market accounted for the largest market share in 2018, and the forecast period is expected to show strong growth. The key drivers for the region's SD-WAN market growth include advanced network infrastructure and the increasing network virtualization requirement.

The Asia-Pacific Global Software-Defined Wide Area Network Market is projected to expand over the forecast period with the highest CAGR of 50.0 per cent. Asia-Pacific was divided into China, Japan, India, Southeast Asia and the rest of the Asia-Pacific zone for study. This rise can also be attributed to the emergence of creative and technologically active players and the expansion of their market scope in the region by global players. Other key industry players in this market are also expanding on the Asia-Pacific market through collaboration with providers of SDN and SD-WAN solutions. The Middle East and Africa is gaining impetus, majorly owing to the provisioning of network services for utilization with more efficiency.

Competitive Analysis

The major market players operating in the global market as identified by MRFR are VMware, Inc., Versa Networks, Cloudgenix, Inc., Nuage Networks, CenturyLink, Inc., Cisco Systems, Inc., Oracle Corporation, Silver Peak Systems, Inc., Aryaka Networks India Pvt Ltd, Ecessa Corporation, Riverbed Technology, Cato Network, Forcepoint, Systems Inc.,and Untangle Inc. Citrix

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Diameter Signaling Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030

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