The Diameter Signaling Market is projected to grow from USD 1.99 billion in 2024 to USD 3.45 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.14% during the forecast period (2024 - 2032). Additionally, the market size for Diameter Signaling was valued at USD 1.83 billion in 2023.
Increasing ownership of mobile phones and increasing utilization of IOT devicesare the key market drivers enhancing the market growth.
Mass penetration of smartphones and the rapid proliferation of smart devices, coupled with the continuous adoption of 4G, have increased mobile data traffic. Also, click-to-connect type applications are growing tremendously, generating significant traffic. Increasing congestion puts additional strains on LTE networks worldwide and creates Signaling mesh. Hence, to achieve an optimum LTE network and ensure improved user experience, efficient routing of Signaling information in 3G and 4G networks is highly essential. Diameter signaling products simplify the network structure and streamline and route all Diameter-based IP signaling communication networks. They also act as a controlling element for exchanging information between networks. This factor drives the market CAGR in the forecast period.
Additionally, the rising number of government initiatives that support the development and implementation of 5G technology and exploding traffic from mobile devices & smartphones create new opportunities for the market. Each of these factors is anticipated to have a definite impact on the growth of the global Diameter signaling market during the forecast period. Improving network structure and signaling systems by the mobile and network and Increasing demand for high-speed Internet has increased the demand for the traffic routing systems, whichdrives the Diameter Signaling market revenue.
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].
By Region, the study provides market insights 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.
Leading market players are investing heavily in research and development to expand their product lines, which will help the diameter signaling market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The diameter signaling industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global diameter signaling industry to benefit clients and increase the market sector. In recent years, the diameter signaling industry has offered some of the most significant advantages to the IT industry. Major players in the diameter signaling market, including Oracle Corporation (US), Huawei Technologies Co. Ltd (China), Telefonaktiebolaget LM Ericsson (Sweden), Mitel Networks Corporation (Canada), Nokia (Finland), and others, are attempting to increase market demand by investing in research and development operations.
Ericsson is one of the leading providers of Information and Communication Technology (ICT) to service providers. We enable the full value of connectivity by creating game-changing technology and services that are easy to use, adapt, and scale, making our customers successful in a fully connected world. Ericsson acquired CradlePoint, the US-based market leader in Wireless WAN Edge 4G and 5G solutions for the enterprise market.
Huawei Technologies Co., Ltd. is a Chinese multinational technology corporation headquartered in Shenzhen, Guangdong province that designs, develops, manufactures, and sells telecommunications equipment, consumer electronics, smart devices, and various rooftop solar power products. In June 2021, Huawei announced its latest range of products. Huawei launched a range of smartphones, smartwatches, and tablets powered by its new HarmonyOS 2 operating system today.
Oracle Corporation (US)
Huawei Technologies Co. Ltd (China)
Telefonaktiebolaget LM Ericsson (Sweden)
Mitel Networks Corporation (Canada)
Nokia (Finland)
November 2018: Squire Technologies partnered with Simfony, a next-generation loT application provider, to install a Diameter Signaling Controller (SVI-DSC) and Signal Transfer Point (SVI-STP) signaling solutions for the latter to manage 2G, 3G, and 4G signaling traffic networks.
May 2018: Huawei launched the eLTE multimedia critical communications system (MCCS), an end-to-end solution with ultra-reliable multimedia communications capabilities tailored for public safety applications. The solution integrates platform, network, and terminals to achieve comprehensive awareness of situations and multi-service collaboration and capabilities for public safety.
February 2018: Mitel Networks partnered with Ensemble, a division of ADVA Optical Networking, to offer a complete end-to-end solution for Enterprise LTE. The partnership allows enterprises and managed service providers to provide in-building LTE networks with their own unlicensed or CBRS spectrum.
Diameter Routing Agent [DRA]
Diameter Edge Agent [DEA]
Diameter Interworking Function [IWF]
LTE Broadcast
Policy Management
Mobility and Voice over LTE [VOLTE]
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 1.83 billion |
| Market Size 2024 | USD 1.99 billion |
| Market Size 2032 | USD 3.45 billion |
| Compound Annual Growth Rate (CAGR) | 7.14% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2019- 2021 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application, and Region |
| Geographies Covered | North America, Europe, AsiaPacific, and the Rest of the World |
| Countries Covered | The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Oracle Corporation (US), Huawei Technologies Co. Ltd (China), Telefonaktiebolaget LM Ericsson (Sweden), Mitel Networks Corporation (Canada), Nokia (Finland) |
| Key Market Opportunities | Diameter Routing Agent [DRA], Diameter Edge Agent [DEA], Diameter Interworking Function [IWF] |
| Key Market Dynamics | Increasing ownership of mobile phones Increasing utilization of IOT devices |
Diameter Signaling Market Highlights:
Frequently Asked Questions (FAQ) :
The global Diameter signaling market was valued at USD 1.83 Billion in 2023.
The global market is projected to grow at a CAGR of 7.14% during the forecast period, 2024-2032.
North America had the largest share of the global market
The key players in the market are General Oracle Corporation (US), Huawei Technologies Co. Ltd (China), Telefonaktiebolaget LM Ericsson (Sweden), Mitel Networks Corporation (Canada), and Nokia (Finland).
The Diameter Routing Agent [DRA] category dominated the market in 2023.
Mobility and Voice over LTE [VOLTE] had the largest global market share.
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Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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