Self Organizing Network Market worth $8.3 billion by 2022 Self Organizing Network Market worth $8.3 billion | Page 2

Introduction to Self Organizing Network Market • Self Organizing Network Market Report, published by Allied Market Research, forecasts that the global market is expected to garner revenue of $8.3 billion by 2022, registering a CAGR of 11.1% during the forecast period 2016 - 2022. • SON is being increasingly deployed by the telecom operators owing to benefits such as faster response time, improved network management, and self-healing network capabilities among others. • SON is widely deployed in several cellular networks which include 2G/3G and 4G/long term evolution (LTE). • Among these, the already established 2G/3G cellular networks are expected to contribute over two-thirds of the overall market revenue, throughout the analysis period, owing to a wide coverage.