Diameter Signaling Market Size, Share, Growth Analysis, By Type(Diameter Routing Agent (DRA), Diameter Edge Agent (DEA)), By Application(LTE Broadcast, Policy Management) - Industry Forecast 2024-2031

Global diameter signaling market size was valued at USD 1.7 billion in 2022 and is poised to grow from USD 1.84 billion in 2023 to USD 3.46 billion by 2031, growing at a CAGR of 8.2% in the forecast period (2024-2031).

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.