Increasing data traffic over networks owing to high penetration of smartphones across the globe is a major factor expected to drive growth of the global mobile network optimization market during the forecast period. Rising use of software utilities for better customer experience and enhanced network optimizations is another factor expected to boost growth of the global market.
In addition, forecast prediction applications play a vital role in network optimization by analyzing data silos from multiple industries and providing insights for traffic estimation, signal propagation, antenna positioning, capacity allocation, power and interference control, and transmission scheduling. These features of data analytics applications expected to boost growth of the target market in the near future.
Furthermore, favorable government regulations for high utilization of existing spectrums in telecom industries and communication sector is expected to result in growth of the global mobile network optimization market across the globe.
The global mobile network optimization market has been segmented on the basis of system, service, operational model, and region. On the basis of the system, the global market is segmented into centralized self-organizing network (C-SON), distributed self-organizing network (D-SONS), and hybrid self-organizing network. On the basis of the operational model, the global market is segmented into reseller mobile network optimization and service operator mobile network optimization. On the basis of the service, the global market is segmented into implementation, consulting, support, and maintenance.
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Based on the region the global market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Market in North America accounts for significant share followed by Europe in the global market; whereas the market in Asia Pacific is expected to witness highest growth in terms of revenue in the global market over the forecast period.
Key market players operating in the global market includes, Cisco Systems, Inc., Amdocs, Inc., NetScout Systems Texas, LLC, SolarWinds Corporation, Huawei Technologies Co. Ltd., ZTE InfoVista Corporation, Citrix Systems, Inc., FatPipe Networks, Inc., Silver Peak Systems, Inc., Eden Rock Communications, LLC, and other market players.