Network Slicing Market
Network Slicing Market Global Industry Assessment & Forecast
Segments Covered
- By Component Solution, Services
- By End User Telecom Operators, Enterprises
- By Industry Vertical Manufacturing, Healthcare, Automotive, Media & Entertainment, Transport & Logistic, BFSI, Government, Others
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 173.98 Million |
Revenue 2028: | 922.63 Million |
Revenue CAGR (2021 - 2028): | 22.98 |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Component Analysis: Preview On the basis of Component,
the market is segmented into Solution, Services. Solution held the
leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the
forecast timespan. This is due to the increasing adoption of Solution
in emerging economies in Asia Pacific region. End User
Analysis: Preview
Based on End User,
the market is segmented into Telecom Operators, Enterprises. Telecom Operators accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Network Slicing Market: Component Segment Analysis
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- Solution
- Services
Global Network Slicing Market: End User Segment Analysis
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- Telecom Operators
- Enterprises
Global Network Slicing Market: Industry Vertical Segment Analysis
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- Manufacturing
- Healthcare
- Automotive
- Media & Entertainment
- Transport & Logistic
- BFSI
- Government
- Others
FAQ
Frequently Asked Question
What is the global demand for Network Slicing in terms of revenue?
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The global Network Slicing valued at 173.98 Million in 2020 and is expected to reach 922.63 Million in 2028 growing at a CAGR of 22.98%.
Which are the prominent players in the market?
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The prominent players in the market are AFFIRMED NETWORKS INC., ARGELA TECHNOLOGIES, CISCO SYSTEMS INC., HEWLETT PACKARD ENTERPRISE, HUAWEI TECHNOLOGIES CO., LTD., MAVENIR, NOKIA, SAMSUNG, TELEFONAKTIEBOLAGET LM ERICSSON, ZTE..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 22.98% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Network Slicing include
- Network slicing caters very well to applications like nationwide fleet management, providing a reliable and controlled service wherever the device is located.
- 5G has facilitated virtual network functions (VNF), especially network slicing, to fully realize the flexibility that virtualization promises. However, the underlying software applications for network functions must be architected to support any infrastructure and fully automate deployments and lifecycle events like service creation, transparent software upgrades, dynamic scalability and even recovery.
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Network Slicing in 2020.