The Network slicing market is forecasted to grow from USD 14.43 billion in 2018 to USD 43.24 billion by 2026, at a CAGR of 18.3% during the forecast period. The driving factor for growth being the Increasing demand for fast speed and wider network coverage, acceptance of broadband over mobile networks.
The high growth in mobile data traffic, the increased demand for fast speed and wide network coverage, and the virtualization of networks are some of the factors forecasted to be the major drivers for the growth of the market along with the huge demand for broadband over mobile networks. The network slicing market is forecasted to grow with the rapid increase in the number of Internet of Things (IoT) connected devices and active networks. As the operators have initiated the investments for advanced and new technologies to solve the efficiency and flexibility demands of the users, the market is going to face a huge rise in future.
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Implementation Outlook (Revenue, USD Million; 2018-2026)
- Real time surveillance
- Network function Virtualization
Service Outlook (Revenue, USD Million; 2018-2026)
- Professional
- Managed
Type Outlook (Revenue, USD Million; 2018-2026)
- Software defined network (SDN)
- Cloud radio access network
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The key regions analyzed in the market are North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The report offers a comprehensive overview of the regional analysis with regards to market share, market size, market growth, revenue contribution, trends, economic growth, import and export, supply and demand, and presence of key players in each region.
Regional analysis also covers study of key countries in the region and comprises following:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, and partnerships, among others. Major Players/Manufacturers profiled in the report are: Ericsson (Sweden), Huawei (China), Nokia (Finland), Intel (US), Cisco (US), ZTE (China), SK Telecom(South Korea), Affirmed Networks (US), NTT DOCOMO (Japan), and Mavenir (US)
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