Diameter Signaling Market

Diameter has consistently gained industry wide acceptance in standards most significantly in the Release 8 and 7 of the 3rd Generation Partnership Project (3GPP) IP Multimedia Subsystem (IMS) specification. Diameter serves a crucial function in communication and as the telecom operators have migrated their networks to Long Term Evolution (LTE) and have added and implemented new services and more sophisticated policies the signaling volumes are skyrocketing. Due to rapid growth in the number of LTE devices, particularly tablets and smartphones, the Diameter messages in the 4G Evolved Packet Core has increased. The early adoption of LTE found that there occur congestion problems across multiple instances of the network due to the high amount of signaling traffic. The Diameter Routing Agent (DRA) reduces the “mesh” of signaling connections across multiple network elements and provides load balancing, traffic management and session binding. When a network operator migrates from older networking technologies to LTE network, there occurs incompatibility between the signaling systems. However, the Diameter Interworking Function (IWF) allows 4G networks to interoperate with older networks like 3G and 2G.

Global Diameter Signaling market has generated a revenue of USD 1643.27 million in 2018 and is expected to reach a market value of USD 20149.58 million by 2025 growing at an 44.81% CAGR. North America accounts for 16% market share in the Diameter Signaling market due to high smartphone penetration rate and the mobile subscriptions have reached at a saturation level.

Europe Diameter Signaling market acquired around 20% market share globally in 2018. Europe is witnessing high adoption rate of Diameter Signaling. Among the European countries, currently, rest of the Europe is dominating the Diameter Signaling market with a market share of 27%, followed by Germany with a 25% market share. Italy is projected to grow with the fastest CAGR of 54.1% during the forecast period in the Diameter Signaling market Rising adoption of Internet based services owing to growing smartphone market.

Asia-Pacific Diameter Signaling market acquired the highest market share of 56% market share in terms of revenue generation as due to rising Internet penetration, high focus on advancements in 4G and 5G communication network. Further, Asia-Pacific is expected to produce highest number of MPS in the coming years as compared to the other regions owing to increasing adoption of LTE and VoLTE based services thereby increasing the demand for Diameter signaling protocol.

The Diameter Signaling market in the rest of the world acquired around 8% market share globally in 2018. This region is witnessing high adoption of in South America as compared to Middle East and Africa. Moreover, developing network infrastructure, increasing smartphone and Internet penetration, high focus on developments in 5G technology