The global network slicing market reached a value of US$ 299.9 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,082.2 Million by 2027, exhibiting at a CAGR of 24.06% during 2022-2027.
Network slicing is a method that enables the division of a single network connection into multiple unique virtualized connections. Network slicing serves the diverse use cases over the 5G network in a flexible manner, thereby enabling consumers to pay the same price for a particular bandwidth on the same physical network infrastructure.This solution is commonly used for asset management, remote monitoring, real-time streaming and supply chain managementacross various industries.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Network Slicing Market Trends:
The global market is majorly driven by the rapid advancements in cellular network technology, which has resulted in high data speed and lower latency. Moreover, the increasing adoption of the 5G network and the availability of shared spectrum has also provided a thrust to the market growth. Furthermore, the widespread integrationof the Internet of Things (IoT)with connected devices, appliances and services has positively impacted the market growth. Additionally, the growing usage of network slicing to enhance security in e-health use cases and continualtechnological advancements in the digital ecosystem have provided an impetus to the market growth further.
Request a Free Sample Report: https://www.imarcgroup.com/network-slicing-market/requestsample
Network Slicing Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Affirmed Networks Inc. (Microsoft Corporation), Amdocs, Argela Technologies (Türk Telekomünikasyon A.?.), Aria Networks Ltd., BT Group plc, Cisco Systems Inc., Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., Mavenir, NEC Corporation (AT&T Inc.), Nokia Corporation, Samsung Electronics Co. Ltd, Telefonaktiebolaget LM Ericsson and ZTE Corporation.
The report has segmented the market on the basis on component, end user and industry vertical.
Breakup by Component:
Breakup by End User:
Breakup by Industry Vertical:
Media and Entertainment
Transport and Logistic
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://bit.ly/3DjLQ4b
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Toll Free Number: USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 30 N Gould St, Ste R
Sheridan, WY 82801, USA
Follow us on twitter: @imarcglobal