Diameter Signaling Controller (DSC) is a device which works on the diameter signaling protocol. It collects large number of functions and data of the control or signaling in Long Term Evolution (LTE) networks and facilitates among the elements of internet protocol network. The global diameter signaling controller market is anticipated to expand at a CAGR of 47% during the forecast period 2016-2023. Diameter signaling controller also protects service reliability with high signaling load and blocks the signaling storms during the node failures and malevolent security breach and attacks. Diameter signaling controller provides many advantages such as robustness, flexible and secured solutions in order to minimize overall signaling load. Moreover, due to the rising number of smartphones users and internet penetration of high speed internet, there has been an increasing demand for fastest possible cellular network thereby leading to the increased demand for diameter signaling controller thereby driving the market growth.
North America is expected to be the leading market for global diameter signaling controller market during the forecast period. This is due to the increasing number of smartphone and internet users in the U.S. In 2014, around 59% of Americans uses smartphone that rose to 77% in 2016. Furthermore, according to Pew, out of total American population around 78% men and 75% women are using smartphones in 2016. Thus, increasing smartphone user in North America derives the demand for diameter signaling controller market in North America. Asia Pacific is also emerging as a growing market. China is having highest internet user base which was around 670 million internet users in 2017. Hence, the largest internet user base in Asia Pacific is contributing towards the growth of Asia Pacific diameter signaling market.
The global diameter signaling market is influenced by the presence of leading companies such as NOKIA CORPORATION (Finland), ORACLE (U.S), AMDOCS (U.S.), ERICSSON (U.S), HUAWEI TECHNOLOGIES (China) etc. Product launches, Joint ventures, Mergers and acquisition are some of the crucial strategies adopted by the key market players to gain competitive advantage.
Report on global diameter signaling controller market consists the segmentations analysis of market segments namely solutions and applications. Report consists the segments of solutions namely LTE Roaming, Voice over LTE, Diameter policy control and charging and Diameter security. Among these segments the Voice over LTE segment is expected to witness a growth at a highest CAGR of 50% during the forecast period and is projected to account for revenue share worth $120 billion by 2023. Whereas, the applications of diameter signaling controller includes Diameter routing agent, Diameter edge agent, Diameter Internetworking function and Diameter load balancer.