USD 1.26 billion
Report ID:
SQMIG50A2019 |
Region:
Global |
Published Date: December, 2024
Pages:
171
|Tables:
63
|Figures:
72
Diameter Signaling Market size was valued at USD 1.64 Billion in 2023 and is poised to grow from USD 1.76 Billion in 2024 to USD 3.05 Billion by 2032, growing at a CAGR of 0.0714 during the forecast period (2025-2032).
Diameter signaling refers to the communication system used for the exchange of signals within the telecommunication infrastructure. The growing popularity of 5G networks worldwide is fuelling the demand for advanced diameter signaling solutions. The increasing adoption of the Internet of Things across various industries also needs effective signaling solutions. Diameter signaling solutions are effective in managing traffic generated due to IoT systems, leading to overall market growth. The increasing prevalence of cyber threats and security concerns is driving the diameter signaling market growth. The high increase in mobile data traffic and the increasing popularity of video streaming, social media activities, and other data-intensive applications are contributing to high demand for effective signaling solutions. Smart diameter signaling solutions effectively tackle the challenges generated through mobile traffic. The increasing adoption of smartphones, wearables, tablets, and other smart devices is contributing to the high demand for diameter signaling solutions.
Global Market Size
USD 1.26 billion
Largest Segment
Diameter Routing Agent (DRA)
Fastest Growth
Diameter Edge Agent (DEA)
Growth Rate
7.20% CAGR
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Global Diameter Signaling Market is segmented by Offering, Hardware Type, Connectivity Technology, and region. Based on Offering, the market is segmented into Hardware, and Software & Solutions. Based on Hardware Type, the market is segmented into Process Systems, and Analysis Systems. Based on Connectivity Technology, the market is segmented into 3G, 4G, 5G, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Type
Diameter routing agent (DRA) holds the major share of the global market due to several factors revolving around the telecommunication landscape. The increasing adoption of 4G LITE and the growing popularity of 5G networks in increasing the sales of diameter routing agents. DRA is effective in managing signaling messages in advanced network architectures. DRAs effectively handle the scalability challenges associated with growing telecommunication networks.
Diameter edge agent (DEA) segment is likely to increase at a high CAGR during the forecast period. The rise in edge computing is boosting the sales of diameter edge agents. Network slicing and service differentiation are further boosting the overall market growth. Edge computing offers a better quality of service and enhances the experience of users by processing data closer contributing to the high use of diameter edge agents.
Analysis by Application
Voice over LTE segment is likely to hold a dominant share throughout the forecast period. VoLTE is a technology that allows voice calls to be transmitted over long-term evolution (LTE) networks. Voice over LTE offers high-quality voice calls. The utilization of LTE services increases the efficiency of VoLTE leading to better call connectivity.
The LTE broadcast segment is increasing at the fastest pace. LTE broadcast, also known as evolved Multimedia Broadcast Multicast Service (eMBMS) is gaining widespread popularity for several reasons such as efficient content delivery, high spectral efficiency, and cost-effective video delivery. LTE broadcasts are widely employed for broadcasting emergency alerts, public safety messages, and more. The LTE broadcast is vital for the efficient distribution of software updates and large file upgrades to a broader audience. The over-the-air updates of devices connected to the LTE network are also increasing the overall market growth. LTE broadcast also increases battery life leading to energy savings.
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North America is the dominant player in the global market. The rapidly increasing mobile data traffic in North American countries such as the United States and Canada is increasing the growth of the diameter signaling market. The increasing adoption of smart consumer electronics such as tablets, smartphones, and other devices is boosting the need for effective and robust diameter signaling solutions. Diameter signaling solutions are effective in managing high-traffic loads. The diameter signaling market growth in North America is further boosted by the popularity of 5G networks.
Sales of diameter signaling solutions in Asia Pacific are expected to increase at a rapid pace during the study period. The deployment of 5G networks is also a key factor boosting the sales of diameter signaling solutions in Asia Pacific. The Asia Pacific countries such as India, China, and Japan are investing heavily in 5G infrastructure driving the diameter signaling market growth. The presence of emerging markets and network expansion is increasing the demand for diameter signaling solutions in Asia Pacific.
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Drivers
5G networks are being rolled out around the world and increasing adoption of the same is projected to bolster the demand for diameter signaling over the coming years. Mobility management, session management, and authentication are some functions that will utilize diameter signaling in the 5G telecommunication infrastructure.
The smartphone revolution and increasing penetration of internet has resulted in a major hike in mobile data traffic around the world. This has resulted in increased deployment of diameter signaling protocols to manage users and improve telecommunication capabilities.
Restraints
Vulnerabilities and security threats in diameter signaling networks are projected to significantly slow down market development scope in the future. To enhance the security of diameter signaling networks, additional measures need to be taken, which can increase the overall operational and maintenance costs thereby further slowing down market growth scope.
Diameter signaling protocols are highly complex and this could create compatibility issues across several parts of the network in terms of hardware or software components. Ensuring interoperability is a key challenge for companies operating in this marketplace.
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Diameter signaling providers are focusing on bolstering their cybersecurity by opting for advanced security solutions. Companies are also targeting the rollout of 5G technology in different parts of the world to maximize their revenue generation potential over the coming years. Mergers, partnerships, collaborations, and acquisitions are also estimated to be key strategies that diameter signaling market players can deploy to increase their profitability in the long run. Growing demand for connectivity in the automotive industry could also create new opportunities for diameter signaling companies going forward.
Top Player’s Company Profiles
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per Skyquest analysis, the growing demand for security in different networks and deployment of 5G networks around the world are forecasted to be key factors driving diameter signaling market growth. Increasing virtualization of different telecommunication networks and growing use of connected technologies in different industry verticals are predicted to be other trends that could create new opportunities for diameter signaling companies across the forecast period and beyond. However, security concerns associated with diameter signaling adoption are forecasted to slow down market development in the future. The Asia Pacific region is slated to emerge as the most opportune regional market for diameter signaling companies in the world on the back of growing 5G adoption.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 1.26 billion |
Market size value in 2031 | USD 1.86 billion |
Growth Rate | 7.20% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Diameter Signaling Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Diameter Signaling Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Diameter Signaling Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Diameter Signaling Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG50A2019
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