Global Diameter Signaling Market to Exceed USD 8 Bn, Expects Market Research Future in Its New Topical Report Published at MarketPublishers.com15 Mar 2017 • by Natalie Aster
LONDON – As of 2016, the world’s diameter signaling market was valued at about USD 798 million. By 2020, the market value is expected to amount to little over 8 billion, rising at a CAGR of slightly more than 47% during 2017-2022. This market will likely be driven by a slew of positive factors comprising the increase of LTE and 4G technologies, and extremely surging number of pocket internet and smartphone users, amid others. Considerable growth in the IOT sector is also one of the key factors giving a boost to the global diameter signaling market.
Owing to the rise of M2M communication, autonomous vehicles, machine to infrastructure communication, VoLTE, VoiP, amid others, diameter signaling is slated to amount to 500 Million MPS by late 2020.
Nowadays, the 5G technology is gaining traction rapidly due to its ample advantages and benefits such as high speed internet browsing, high speed content delivery and efficient machine communication. The testing of 5G technology is already launched in some countries including Japan and South Korea.
Today, the diameter signaling market is inhabited by an array of players. Oracle Corporation, Nokia Corporation, F5 Networks, Dialogic Incorporation, Huawei Technology and Sandvine Incorporated ULC are amid the main market participants.
New research study “Global Diameter Signaling Market - Trends Forecast 2016-2022” prepared by Market Research Future delves deep into the world’s diameter signaling marketplace, examines its structure and dynamics. The report includes forecasts for the next 5 years for all market segments and sub-segments. Market segmentation analysis on the basis of type, application and region is at hand in the publication. It also covers the major market growth limiters and drivers, touches upon the emerging technologies, identifies high growth geographies and country markets. The research report also canvasses the market competitive scenario and profiles the leading participants in the market (focusing on their business performance, recent developments, key financials, etc.). A future outlook for the market till 2022 is provided in the report, as well.
Other comprehensive research reports prepared by Market Research Future are available at its page at MarketPublishers.com.