Market Research Future (MRFR) has published a cooked research report on the “Diameter Signaling Market” that contains information from 2024 to 2032. The Diameter Signaling Market is estimated to register a CAGR of 7.14% during the forecast period of 2024 to 2032.
MRFR recognizes the following companies as the key players in the global Diameter Signaling Market — Oracle Corporation (US), Huawei Technologies Co. Ltd (China), Telefonaktiebolaget LM Ericsson (Sweden), Mitel Networks Corporation (Canada), and Nokia (Finland).
Diameter Signaling Market Highlights
The global Diameter Signaling Market is accounted to register a CAGR of 7.14% during the forecast period and is estimated to reach USD 3.45 billion by 2032.
the Diameter Signaling Market refers to a segment within the telecommunications industry that involves Diameter signaling solutions and services. Diameter signaling is a protocol used in telecommunications networks, particularly in 4G and 5G networks, for various purposes such as authentication, authorization, and accounting (AAA), mobility management, policy enforcement, and more.
Segment Analysis
The global Diameter Signaling Market has been segmented based on Type, and Application.
The global diameter signaling market segmentation, based on type, includes diameter routing agent [DRA], diameter edge agent [DEA], and diameter interworking function [IWF]. Diameter routing agent [DRA] will lead the market over the forecast period. This is primarily due to the increasing global adoption of digital technology for managing internet traffic.
The global Diameter Signaling market segmentation based on Application includes LTE Broadcast, Policy Management, Mobility and Voice over LTE [VOLTE]. Mobility and voice over LTE [VOLTE] will dominate the market over the forecast period. Increased adoption of digital technologies has increased global internet traffic. For example, it is estimated that over 74,500 GB of data is generated on the Internet every second due to increased mobile internet penetration. It created a massive demand for the segmental growth of mobility and voice over LTE [VoLTE].
Regional Analysis
The global Diameter Signaling Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Diameter signaling market will dominate this market because increased demand for improved LTE networks and signaling systems among telecom and mobile operators in the region will boost the market growth. Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Europe's diameter signaling market accounts for the second-largest market share due to the increasing ownership of mobile phones and increasing utilization of IOT devices. Further, the German diameter signaling market held the largest market share, and the UK diameter signaling market was the fastest-growing market in the European Region.
The Asia-Pacific diameter signaling market is expected to grow at the fastest CAGR from 2023 to 2032 because of the increasing adoption of LTE- and VoLTE-based services. Moreover, China’s diameter signaling market held the largest market share, and the Indian Diameter Signaling market was the fastest-growing market in the Asia-Pacific region.
Key Findings of the Study
- The global Diameter Signaling Market is expected to reach USD 3.46 billion by 2032, at a CAGR of 8.20% during the forecast period.
- The North American Diameter signaling market will dominate this market because increased demand for improved LTE networks and signaling systems among telecom and mobile operators in the region will boost the market growth. Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
- The global diameter signaling market segmentation, based on type, includes diameter routing agent [DRA], diameter edge agent [DEA], and diameter interworking function [IWF]. Diameter routing agent [DRA] will lead the market over the forecast period.
- Oracle Corporation (US), Huawei Technologies Co. Ltd (China), Telefonaktiebolaget LM Ericsson (Sweden), Mitel Networks Corporation (Canada), and Nokia (Finland).
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Companies Covered | 15 |
Pages | 100 |
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