The network slicing market was valued at US$183.437 million in 2019 and is expected to grow at a CAGR of 18.08% over the forecast period to reach a market size of US$497.240 million by 2025. Proliferation of smartphones and other mobile devices has been exponentially increasing the mobile data traffic volumes, which is increasing the demand for technologies like network slicing to efficiently manage huge volumes of data. Increasing demand for high quality broadband services over mobile network is increasing the adoption of this technology by various service providers, thus fueling the growth of this market. Furthermore, the market continues to be shaped by increasing virtualization of networks on account of rapid growth of huge investments by companies into Software-Defined Networking, Network Functions Virtualization and Cloud Radio Access Network. As this continues, and demand for broadband services over mobile network continues to increase, the market will continue to witness a good growth over the projected period.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the network slicing value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the network slicing market.
Major industry players profiled as part of the report are Cisco Systems, Vodafone, Huawei, Nokia Networks, Ericsson, NTT DOCOMO, ZTE, Intel, Mavenir and Affirmed Networks.
The network slicing market is segmented by component, application, end-user industry and geography.
Software Defined Networking and Network Functions Virtualization
Cloud Radio Access Network
Supply Chain Management
By End-User Industry
Communication and Technology
Media and Entertainment
Middle East and Africa
Key Questions answered by the report
What is the network slicing market size from 2018 to 2023?
How are the major drivers and restraints affecting the network slicing market and the opportunities which exist for the key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants behaviour
Key strategies being adopted by vendors, with in-depth analysis of their impact on competition and market growth.