Network slicing enables the multiplexing of independent and virtualized networks over a common physical network infrastructure. Each network slice is an end-to-end network that supports to particular industry application. Growing data traffic due to increase penetration with a smartphone is propelling the growth of the network slicing market. Network slicing provides flexibility to the 5G network through its utilization of proper network infrastructure and the allocation of network resources. Thus, fueling the growth of the network slicing market.
MARKET DYNAMICS
The various benefits offered by the network slicing such as, provide configurable services for specific customers, adds flexibility and efficiency to address particular needs. Thus, boosting the growth of the network slicing market. Moreover, network slicing helps telecom operators to build a flexible network that provides multiple use cases across different industries and different customers. Growing demand for next-generation 5G networks for better bandwidth and high-speed capabilities is attributed to the growth of the network slicing market. The rising demand for high-speed data across the globe is expected to trigger the growth of the network slicing market.
MARKET SCOPE
The "Global Network Slicing Market Analysis to 2028" is a specialized and in-depth study of the network slicing industry with a special focus on the global market trend analysis. The report aims to provide an overview network slicing market with detailed market segmentation by component, application, end-user, and geography. The global network slicing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading network slicing market players and offers key trends and opportunities in the network slicing market.
MARKET SEGMENTATION
The global network slicing market is segmented on the basis of component, application, end-user. On the basis component the market is segmented as solution, service. On the basis of application the market is segmented as remote monitoring, asset management, real-time streaming, network monitoring, others. On the basis of end-user the market is segmented as manufacturing, automotive, healthcare, energy and utilities, media and entertainment, BFSI, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global network slicing market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The network slicing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting network slicing market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the network slicing market in these regions.
MARKET PLAYERS
The reports cover key developments in the network slicing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from network slicing market are anticipated to lucrative growth opportunities in the future with the rising demand for network slicing in the global market. Below mentioned is the list of few companies engaged in the network slicing market.
The report also includes the profiles of key network slicing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Affirmed Networks
- Cisco Systems, Inc.
- HCL Technologies Limited
- Huawei Technologies Co., Ltd.
- Intel Corporation
- Mavenir
- Nokia Corporation
- SK Telecom Co., Ltd.
- Telefonaktiebolaget LM Ericsson
- ZTE Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.