The diameter signalling market is valued at USD 1.1 billion in 2020 and is projected to reach USD 1.8 billion by 2027; it is expected to grow at a CAGR of 7.3 % from 2020 and 2027. Mass penetration of smartphones and the rapid proliferation of smart devices, coupled with continuous adoption of 4G, have increased mobile data traffic. Also, click-to-connect type applications are growing tremendously, generating a significant amount of traffic. Increasing congestion puts additional strains on LTE networks worldwide and creates signalling mesh. Hence, to achieve optimum LTE network as well as ensure improved user experience, efficient routing of signalling information in 3G and 4G networks is highly essential. Diameter signalling products simplify the network structure and streamline and route all Diameter-based IP signalling communication networks. They also act as a controlling element for exchanging information between networks.
Signalling protocols such as SS7, SIGTRAN, GTP, and Diameter are building a strong foundation for mobile telephone networks. However, these signalling protocols have severe security weakness that is exploited by attackers. Though these attacks do not take place on a very large scale, they can impact individual subscribers to a great extent.
Apart from signalling protocols, with a greater number of clients and more networks, mobile operators’ elements are exposed to external networks. Telecom providers, location service providers, and content providers are also using interconnecting access. Most of the cyberattacks take place at the provider level, and subscribers cannot do anything to protect themselves.
The automotive sector has been adopting 4G/LTE services for both drivers and passengers in vehicles with Wi-Fi zones for the collection of telematics data. With this, the industry is demonstrating new uses of technology, with autonomous cars being the growing trend.
Several countries are utilizing in-vehicle navigation systems for toll applications. The emergence of autonomous and connected vehicles and rollout of 5G networks will further enable faster communication and lower latency, thereby leading to heavy network traffics.
The global Diameter signalling market is dominated by Huawei (China), Oracle (US), Ericsson (Sweden), Nokia (Finland), Cisco (US). The other key players in this market include companies such as Dialogic (US), BroadForward (Netherlands), Diametriq (US), and Sinch (Sweden) Syniverse Technologies (US), F5 Networks (US).
The market in APAC is expected to grow at the highest CAGR during the forecast period. This is due to the development of network infrastructure in developing nations in APAC. For Instance, Indonesia is a huge country with major potential for the growth of the telecommunications sector. The country has been witnessing a growing number of 4G subscribers. Majority of the population of the Indonesian population is expected to use the internet by 2022, which was below half of the population in 2017. With this, mobile traffic is expected to increase six times from 2017 to 2022. Mobile video is gaining traction in the country; hence, IP video traffic is expected to grow tremendously in the coming years.
Report : Diameter Signalling Market - By Offering (Hardware, Software & Solutions), By Hardware Types (Process Systems, Analysis Systems), By Connectivity Technology (3G, 4G, 5G, Others) And By Region (North America, Asia Pacific, Europe, Middle East & Africa and Latin America) - Industry Analysis, opportunity and Forecast 2020 To 2027