Network Slicing Market Snapshot:
The network slicing market is experiencing
significant growth, driven by the increasing demand for personalized and
customized network services. Network slicing refers to the ability to divide a
physical network infrastructure into multiple virtual networks, each tailored
to specific requirements. This article will provide a comprehensive overview of
the market, including key companies, market segmentation, regional insights,
and industry latest news related to the network slicing market.
The network slicing market size is projected
to grow from USD 105.74 million in 2019 to USD 0.98 Billion by 2030, at a
Compound Annual Growth Rate (CAGR) of 6.03% during the forecast period.
[PDF
Brochure] Request for Sample Report:
https://www.marketresearchfuture.com/sample_request/10624
Key
Companies:
Several key
companies are operating in the network slicing market, offering innovative
solutions to enable efficient network slicing and meet the diverse needs of
various industries. These companies play a crucial role in providing the
necessary infrastructure and technologies to support network slicing
deployments. Some of the prominent players in the market include:
Huawei
Technologies Co., Ltd.: Huawei
offers end-to-end network slicing solutions that provide flexible and efficient
network resource allocation. Their solutions enable service providers to offer
customized network services to meet the specific requirements of different
industries.
Nokia
Corporation: Nokia
provides network slicing solutions that enable service providers to dynamically
allocate network resources based on specific requirements. Their solutions
enable the creation of virtual networks with dedicated resources for different
applications and services.
Ericsson
AB: Ericsson
offers network slicing solutions that enable service providers to create and
manage multiple virtual networks on a shared physical infrastructure. Their
solutions enable efficient resource allocation and isolation, ensuring optimal
performance for different network slices.
Cisco
Systems, Inc.: Cisco
provides network slicing solutions that enable service providers to offer
differentiated services to their customers. Their solutions enable efficient
resource management and isolation, ensuring that each network slice meets the
specific requirements of different applications.
VMware,
Inc.: VMware
offers network slicing solutions that leverage virtualization technologies to
enable efficient resource allocation and isolation. Their solutions enable
service providers to create and manage multiple network slices on a shared
infrastructure, ensuring optimal performance and scalability.
Market
Segmentation:
The network
slicing market can be segmented based on various factors, including technology,
service type, organization size, end-user, and region.
By
Technology:
- Software-Defined Networking (SDN): SDN
technology enables efficient network slicing by decoupling the network
control plane from the data plane. This allows service providers to
dynamically allocate network resources to different virtual networks based
on specific requirements.
- Network Function Virtualization (NFV):
NFV technology enables the virtualization of network functions, allowing
service providers to create and manage virtual networks with dedicated
resources. NFV enables efficient resource allocation and isolation for different
network slices.
By Service
Type:
- Connectivity Services: Connectivity
services include network slicing for enhanced mobile broadband (eMBB),
ultra-reliable low latency communications (URLLC), and massive
machine-type communications (mMTC). These services enable service
providers to offer customized connectivity solutions based on specific
requirements.
- Cloud Services: Network slicing can also
be applied to cloud services, enabling service providers to offer
customized cloud resources to different customers. This allows customers
to have dedicated resources and isolation for their cloud-based applications
and services.
By Organization
Size:
- Small and Medium-sized Enterprises
(SMEs): Network slicing solutions for SMEs enable efficient resource
allocation and isolation, allowing SMEs to have dedicated network
resources based on their specific requirements.
- Large Enterprises: Large enterprises can
benefit from network slicing solutions by having dedicated network
resources and isolation for different business units or departments. This
enables efficient resource allocation and improved network performance.
By End-User:
- Telecommunications: Telecommunication
service providers can utilize network slicing to offer differentiated
services to their customers. Network slicing enables efficient resource
allocation and isolation, ensuring optimal performance for different types
of services.
- Enterprises: Enterprises can leverage
network slicing to have dedicated network resources and isolation for
their specific applications and services. This enables improved network
performance and security.
Regional
Insights:
The network
slicing market is witnessing significant growth across various regions.
North
America: North America is expected to dominate the network slicing market,
driven by the presence of major technology companies and the early adoption of
network slicing technologies by service providers.
Europe:
Europe is also experiencing significant growth in the network slicing market.
The region's focus on digital transformation, 5G deployments, and innovative
network services drive the adoption of network slicing technologies.
Asia
Pacific: The Asia Pacific region is witnessing rapid growth in the network
slicing market. The region's large population, increasing smartphone
penetration, and rising demand for customized network services contribute to
market growth.
Latin
America: Latin America is emerging as a promising market for network slicing.
The region's increasing connectivity, growing demand for advanced network
services, and government initiatives contribute to market growth.
Middle East
and Africa: The Middle East and Africa region is also showing promising growth
in the network slicing market. The region's increasing investment in network
infrastructure, government support, and focus on digital transformation drive
market growth.
Industry
Latest News:
The network
slicing market is dynamic and continuously evolving.
5G Network
Slicing: Network
slicing is a key enabler for 5G networks, allowing service providers to offer
customized and differentiated services to their customers. Network slicing
enables efficient resource allocation, isolation, and performance optimization
for different types of 5G services.
Edge
Computing Integration: Network
slicing is being integrated with edge computing to enable low-latency and
high-performance services at the network edge. This integration enhances the
capabilities of network slicing by bringing computation closer to the
end-users.
Vertical-Specific
Slicing: Network
slicing is being tailored for specific industry verticals, such as healthcare,
manufacturing, and transportation. Vertical-specific slicing enables service
providers to offer customized network services that meet the unique
requirements of each industry.
Standards
and Interoperability: Efforts
are being made to develop standards and ensure interoperability between
different network slicing solutions. This enables seamless integration and
compatibility between network slicing deployments from different vendors.
Browse a
Full Report: (Including Full TOC, List of Tables & Figures, Chart) @
https://www.marketresearchfuture.com/reports/network-slicing-market-10624
The network
slicing market is experiencing significant growth, driven by the increasing
demand for personalized and customized network services. Key companies in the
market offer innovative solutions to enable efficient network slicing and meet
the diverse needs of various industries. The market can be segmented based on
technology, service type, organization size, end-user, and region. The industry
is dynamic, with ongoing developments in 5G network slicing, edge computing
integration, vertical-specific slicing, and standards and interoperability.
Top
Trending Reports:
Enterprise Quantum Computing Market
About
Market Research Future:
Market
Research Future (MRFR) is a global market research company that takes pride in
its services, offering a complete and accurate analysis regarding diverse
markets and consumers worldwide. Market Research Future has the distinguished
objective of providing the optimal quality research and granular research to
clients. Our market research studies by products, services, technologies,
applications, end users, and market players for global, regional, and country
level market segments, enable our clients to see more, know more, and do more,
which help answer your most important questions.
Check out
our amazing blog on Blogger for
insightful articles and captivating content!
Welcome to
our blog on Medium,
where you can embark on a journey through captivating stories that will
transport and inspire you.
Contact
Market
Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson
Street, 5Th Floor
New York,
NY 10013
United
States of America
+1 628 258
0071 (US)
+44 2035
002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
