Network Slicing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

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Network Slicing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Status : October, 2020 | Technology & Media | PPT format

Report Digest


Global Network Slicing Market: Snapshot

Automation that are integrated in our day to day life are now getting structurally changed through network slicing. The network for virtual architecture, where software-defined networking (SDN) and network functions virtualization (NFV) share the same branches in virtualization technologies, is now being improved with network slicing to enhance software based automation. Here, network slicing helps in creating several virtual networks at the beginning of the shared physical infrastructure. The main objective of including network slicing was to enhance efficiency, to address the cost imposed, and to make it flexible as per the future requirement. With the collaboration of industries through advanced mobility, cloud integration and broadband network has given boost to network slicing with a network already set by 4G/LTE networks.

The technology of SDN and virtualization will revolutionize how agriculture sector work, with the primitive shackles broken into customized elements that will be connected together for better and effective working. The service providers need to face various network performance characteristics as a primary technical challenge. However, flexibility can be attained through balanced cost implementation.

Number of new business prospects will be open for the up comers as well as the for the big businesses houses. Operations like remote machinery, tele surgery, and smart metering that require strong connectivity will in return provide feasibility, fast adaptability, and meeting up with public demand.  It will also benefit various industrial segments and manage them efficiently. Slicing can also enhance bandwidth requirement or latency through myriad characteristics. The investments in IoT market have already been exceeded, whereas investments in digital industrialization have the power to make billion in the coming year by using these technologies.

Global Network Slicing Market: Overview

The global network slicing market is prophesied to witness the dominance of technologies such as network function virtualization (NFV) and software-defined networking (SDN) which provide assistance in the construction of cloudified, virtualized, and softwarized next-gen systems. These key virtualization technologies could prove to be extremely beneficial in supporting and aligning the overall networking needs of various businesses. Along with network virtualization, they are collaboratively purposed to develop the software-based approach to networking for making available more innovative, agile, and scalable networks.

Global Network Slicing Market: Key Trends

The world network slicing market is anticipated to grow at a staggering CAGR to reach a valuable amount of earning by the end of 2025. Players could expect a decent growth in the market as opportunities continue to birth on the back of the virtualization of networks and increasing mobile data traffic volumes. Reliable services and technologies associated with network slicing could gain a whole lot of significance in the coming years due to their rising adoption. This could take place because of the swelling demand for broadband offerings over mobile networks. Moreover, the surging demand for large and high-speed network coverage is predicted to augur well for the market.

The world network slicing market is prognosticated to offer scores of prospects due to the constant rise in the deployment of agile networks and IoT-connected devices providing great flexibility. Despite such powerful growth opportunities, there could be some challenges to be faced with, such as network slice requests brokerage, information sharing and exposure constraints, spatial diversity, and radio access technology (RAT) heterogeneity. Nevertheless, the market could be boosted with the rise of acquisitions commissioned by major players, new product launches, and recent developments.

Global Network Slicing Market: Market Potential

Facebook co-founded, the Telecom Infra Project (TIP) announced the launch of its three new project groups that will take on open radio access networks (RAN), artificial intelligence (AI), and network slicing. TIP’s focus is similar to that of the Open Compute Project (OCP) but is more telecom specific. Each of the project groups are designated for any of the three areas that the company has divided its work into–core and management, backhaul, and access. Under the core and management area are end-to-end network slicing (E2E-NS), applied machine learning (AI/ML), and AI.

Global Network Slicing Market: Regional Outlook

In 2017, North America was forecast to secure a larger share in the international network slicing market. Some of the factors expected to strengthen the growth of the North America market could include the mounting acceptance of agile networks, industrial IoT, and smart connected devices. The region accommodates a colossal count of 5G companies offering network slicing solutions as a result of an increasing adoption of newer technologies. Furthermore, the regional market is marked by massive investments from large players gaining support from grants and increased budgets.

Asia Pacific is foreseen to rise at a higher growth rate due to hefty investments made by vendors in large-scale infrastructure projects and the adoption of new technologies such as Tactile Internet, NFV and SDN, industrial IoT, augmented reality (AR), and cloud-RAN or C-RAN.

Global Network Slicing Market: Competitive Landscape

The worldwide network slicing market is projected to include some prominent names of the industry, viz. Cisco, Intel, Nokia, Huawei, and Ericsson. These companies have been involved in providing some of the most reliable services in the commercial front of the market across a diverse range of geographies.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?