Diameter Signaling Market Size, Share, Industry, Forecast and outlook (2024-2031)

Diameter Signaling Market is segmented By Type (Diameter Routing Agent [DRA], Diameter Edge Agent [DEA], Diameter Interworking Function [IWF], Others), By Offering (Hardware, Software Solutions), By Hardware Type (Process Systems, Analysis Systems), By Connectivity Technology (3G, 4G, 5G), By Application (LTE Broadcast, Policy Management, Voice over LTE [VoLTE], Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Diameter Signaling Market Overview

[150 Pages Report] The Diameter Signaling Market is predicted to reach a high CAGR during the forecast period (2023-2030). Diameter signaling is an Internet protocol that allows communication between network nodes. Since most of the mobile networks have been switching from 4G to 5G, diameter signaling will help them to simplify the network structure. Therefore, with an increase in data generated on a daily basis, there has been a rise in the requirement for diameter signaling.

Diameter Signaling Market Summary

To Get a Free Sample Click here

Diameter Signaling Market Dynamics

Due to the increase in buying of smartphones and continuous use of IoT devices, it has become a necessity to use diameter signalling solutions. According to bankmycell, in 2021, 4.88 billion people use mobile phones which is approximately 62.07% of people own a mobile phone. Out of those 4.88 billion, 3.80 billion are smartphones that is approximately 48.33% of people own a smartphone. This is one of the major drivers of the signalling market. The electronics and electrical industry are coming up with new technologies, due to this there has been an upsurge in IoT devices. This has led to an increase in traffic in the network. This is another important driver for the market. However, network management & integration challenges and limited capital expenditure commitment by operators is expected to hamper the growth of the diameter signalling market during 2021-2028.

COVID-19 Impact on Diameter Signaling Market Growth

Although the pandemic hit the complete world, the signalling industry kept making greater profits. This was mainly due to everyone working from home. The pandemic forced all the people to work from home which increased the bandwidth used by people for their work, entertainment, e-learning, e-commerce activities. During this time Huawei, a leading company in the signalling industry, reported record profits for the year 2022.

Diameter Signaling Market Segmentation Analysis

The global diameter signalling market has been segmented based on connectivity technology into 3G, 4G, 5G. As of right now, 4G holds the maximum share in the market. According to Tech Crunch, in 2019, 4G became the dominant mobile tech globally. According to GSMA, at the end of 2019, there were 3.8 billion people using mobile internet. They also stated that 4G connections now account for more than 50% of mobile connections globally. Some of the countries have transitioned from using 4G to 5G such as the USA, China, Spain, South Korea. The diameter Signalling market is also segmented based on their offerings into Hardware and Software & Solutions. 

Diameter Signaling Market Geographical Share

By geography, the global Diameter signalling market is segmented into North America, South America, Europe, Asia Pacific, Middle East and Africa. By geography, Asia Pacific is the largest market for diameter signalling market with a share of nearly XX% in global sales value in 2019. This is due to the high population in this region which leads to more people using smartphones and accessing the internet and improving the infrastructure in the region. Due to the growing use of LTE- and VoLTE-based services, Asia-Pacific is expected to generate the highest number of messages per second (MPS) in the next years, overtaking other regions. According to Think with Google, 5 of the top 10 countries with the highest smartphone penetration rate in the world are located in Asia. This, in turn, is hiking up demand for diameter signalling protocol in the region.

Diameter Signaling Market Companies and Competitive Landscape

The global diameter signalling market is consolidated with the top 5 companies accounting for over XX% of global sales. Oracle Corporation, Huawei Technologies Co. Ltd, Ericsson, and Nokia are dominating the global Diameter Signaling market. These firms are aiming to make modifications to their present goods and solutions, while also assisting their clients in keeping their products and services up to date. Huawei, for example, introduced the LTE multimedia critical communications system (MCCS), an end-to-end solution with ultra-reliable communication ways capabilities geared 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.

• In 2022 Oracle corporation completed its acquisition of TikTok Global
• In 2022 Nokia acquired Elenion Technologies. Nokia can expand its market reach by meeting the crucial and quickly evolving optical connectivity requirements of 5G, cloud, and enterprise networking using Elenion's technical capabilities and unique design platform and services.
• In June 2021, Huawei announced its latest range of products. Huawei launched a range of smartphones, smart watches, and tablets powered by its new HarmonyOS 2 operating system today.

Ericsson:

Overview:

Ericsson is one of the leading providers of Information and Communication Technology (ICT) to service providers. Lars Magnus Ericsson founded Ericsson 145 years ago on the premise that access to communications is a basic human need. Since then they have continued to deliver solutions and innovate for good.

Product Portfolio:

Ericsson provides a comprehensive portfolio ranges across

• Networks
• Digital Services
• Managed Services
• Emerging business services
• powered by 5G and IoT platforms.

Key Developments:

• In April 2021, Ericsson launched three-sector radio for efficient site upgrades and capacity boost
• In November 2022, Ericsson completed its acquisition of CradlePoint, the US-based market leader in Wireless WAN Edge 4G and 5G solutions for the enterprise market.