"Network Slicing Market – Industry Trends and Forecast to 2028

Global Network Slicing Market, By Component (Technologies and Services), Application Area (Remote Monitoring, Real-Time Surveillance, Supply Chain Management, Asset Management, Real-Time Streaming, Network Monitoring, Network Function Virtualization and Multimedia), Industry Vertical (Manufacturing, Automotive, Energy and Utilities, Healthcare, Media and Entertainment, BFSI, Public Safety, Agriculture and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Surge in the evolution of cellular network technology which has offered higher data speeds and lower latency, growing need to manage and analyse organizational data effectively and efficiently and high adoption rate for 5G networks and associated technologies especially in the developing economies are the major factors attributable to the growth of the network slicing market. Data Bridge Market Research analyses that the network slicing market will exhibit a CAGR of 26.40% for the forecast period of 2021-2028. Therefore, the network slicing market value would stand tall by USD 391.08 billion by 2028.

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Network slicing is the differentiation of various different networks that enables the integration of a vast number of networks on the same hardware infrastructure. In other words, network slicing assists in the creation of multiple virtual networks over a common physical infrastructure. This helps in enhancing the operational efficiency and saving a lot of time.

**Segments**

- **By Component**
- Software
- Services
- **By Application**
- Remote Monitoring
- Asset Management
- Real-Time Streaming
- Network Monitoring
- Other
- **By Vertical**
- Manufacturing
- Energy and Utilities
- Healthcare
- Automotive
- Transportation and Logistics
- Other

Network slicing is a revolutionary technology that allows network operators to create multiple virtual networks over a shared physical infrastructure. This market is segmented based on components, applications, and verticals. In terms of components, the network slicing market is divided into software and services. Software segment is expected to witness significant growth due to the increasing demand for network customization and optimization. The services segment is projected to grow as network operators seek external expertise for implementing network slicing solutions.

Moving on to applications, network slicing finds its usage across various sectors such as remote monitoring, asset management, real-time streaming, network monitoring, and others. Remote monitoring applications are gaining traction in industries like manufacturing and healthcare for efficient data collection and analysis. Asset management applications utilize network slicing for tracking and managing assets in real-time. Real-time streaming applications benefit from network slicing's capability to allocate resources dynamically, ensuring uninterrupted data transmission.

In terms of verticals, the network slicing market caters to industries such as manufacturing, energy and utilities, healthcare, automotive, transportation and logistics, among others. Manufacturing vertical utilizes network slicing for process automation and inventory management. The energy and utilities sector leverages network slicing for grid management and smart metering. Healthcare industry benefits from network slicing for telemedicine, patient monitoring, and data security. Automotive sector uses network slicing for connected vehicles and autonomous driving applications. Transportation and logistics vertical relies on network slicing for fleet management and route optimization.

**Market Players**

- Nokia
- Huawei Technologies Co., Ltd.
- Ericsson
- Cisco
- Samsung Electronics Co., Ltd.
- ZTE Corporation
- Affirmed Networks
-Network slicing technology has been a game-changer in the telecommunications industry, offering a tailored and efficient approach to network management. As the market continues to evolve, key players like Nokia, Huawei Technologies Co., Ltd., Ericsson, Cisco, Samsung Electronics Co., Ltd., ZTE Corporation, and Affirmed Networks are actively involved in driving innovation and expanding the adoption of network slicing solutions across various verticals.

Nokia, a prominent player in the network slicing market, is focusing on developing software solutions that enable enhanced network customization and performance optimization. The company's strong R&D capabilities and strategic partnerships position it well to address the growing demand for flexible and efficient network infrastructure. Huawei Technologies Co., Ltd., another major player, has been at the forefront of network slicing advancements, offering end-to-end solutions that cater to diverse industry needs. With a strong global presence and a focus on technological innovation, Huawei is poised to capitalize on the expanding market opportunities.

Ericsson, known for its cutting-edge network technologies, is actively involved in shaping the future of network slicing through its advanced software solutions and consultancy services. The company's emphasis on seamless connectivity and network efficiency aligns with the evolving requirements of industries such as manufacturing, healthcare, and automotive. Cisco, a leader in networking solutions, leverages its expertise in software-defined networking to deliver efficient network slicing solutions that enable dynamic resource allocation and network provisioning.

Samsung Electronics Co., Ltd. and ZTE Corporation are also valuable players in the network slicing market, offering a range of solutions that cater to verticals such as transportation, logistics, and energy. Samsung's focus on 5G infrastructure and ZTE's expertise in network virtualization further enhance their competitiveness in the market. Affirmed Networks, a key player specializing in virtualized mobile networks, brings innovative approaches to network slicing implementation, particularly in areas like remote monitoring and real-time data streaming.

Overall, the network slicing market is poised for significant growth, driven by the increasing demand for customized and efficient network solutions across industries. As**Global Network Slicing Market**

- **Component (Technologies and Services)**
- **Application Area (Remote Monitoring, Real-Time Surveillance, Supply Chain Management, Asset Management, Real-Time Streaming, Network Monitoring, Network Function Virtualization, Multimedia)**
- **Industry Vertical (Manufacturing, Automotive, Energy and Utilities, Healthcare, Media and Entertainment, BFSI, Public Safety, Agriculture, Others)**
- **Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028**

The global network slicing market is experiencing robust growth due to the increasing need for tailored and efficient network solutions across various industries. Network slicing, with its ability to create virtual networks over a shared physical infrastructure, is revolutionizing the telecommunications sector. The market is segmented based on components, applications, and industry verticals to cater to diverse needs. In terms of components, both software and services play crucial roles in driving the adoption of network slicing, with software witnessing significant growth for network customization and optimization needs.

In terms of applications, network slicing is being utilized in a wide range of areas such as

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Network Slicing Market Landscape

Part 04: Global Network Slicing Market Sizing

Part 05: Global Network Slicing Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Network Slicing Key Benefits over Global Competitors:

• The report provides a qualitative and quantitative analysis of the Network Slicing Market trends, forecasts, and market size to determine new opportunities.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients

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