5G Network Slicing Market: Key Finding

According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on 5G Network Slicing Market - Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.

Global 5G Network Slicing Market Analysis and Size

The Global 5G Network Slicing Market size is estimated to grow at a CAGR of around 38.5% during the forecast period, i.e., 2024-30.

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Some of the major players operating in the 5G Network Slicing Market are Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., Nokia Corporation, Intel Corporation., ZTE Corporation, Cisco Systems Inc., Samsung Electronics Co. Ltd., SK Telecom Co. Ltd., NTT DOCOMO Inc., Deutsche Telekom AG, Telefonica SA., Vodafone Group plc, Amdocs, Inc., Mavenir Systems, Inc., Parallel Wireless, and Others.

5G Network Slicing Market Growth Driver:

The Proliferation of IoT Applications Driving the Global 5G Network Slicing Market – The rapid adoption of Internet of Things (IoT) devices and applications across various industries serves as a significant driver for the Global 5G Network Slicing Market. As IoT ecosystems continue to expand, there's a growing need for tailored network solutions to accommodate the diverse requirements of IoT devices. 5G Network Slicing plays a pivotal role in meeting these demands. It enables the creation of dedicated network slices optimized for specific IoT use cases, such as industrial automation, smart cities, agriculture, and healthcare. For instance, in smart manufacturing, IoT sensors and machines require low-latency, high-reliability connections for real-time monitoring and control. In contrast, smart agriculture may necessitate network slices optimized for efficient data transfer from remote sensors and agricultural machinery.

This versatility ensures that IoT applications can operate seamlessly and efficiently within a 5G network, driving the adoption of 5G Network Slicing as a fundamental enabler of IoT innovation. As industries increasingly rely on IoT for enhanced efficiency, productivity, and data-driven insights, the demand for customized, high-performance network slices continues to grow, positioning 5G Network Slicing as a critical driver in the evolving digital landscape.

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Market Segment and Geographical Analysis

By Type

RAN Slicing- Market Size & Forecast 2019-2030, USD Million
Edge Slicing- Market Size & Forecast 2019-2030, USD Million
End-to-End Network Slicing- Market Size & Forecast 2019-2030, USD Million

By Component

Solutions- Market Size & Forecast 2019-2030, USD Million
Services- Market Size & Forecast 2019-2030, USD Million
- Managed Services- Market Size & Forecast 2019-2030, USD Million
- Professional Services- Market Size & Forecast 2019-2030, USD Million

By Deployment Mode

Standalone- Market Size & Forecast 2019-2030, USD Million
Non-standalone- Market Size & Forecast 2019-2030, USD Million

By Enterprise Type

Large Enterprises- Market Size & Forecast 2019-2030, USD Million
Small and Medium Enterprises- Market Size & Forecast 2019-2030, USD Million

By Application

Remote Monitoring- Market Size & Forecast 2019-2030, USD Million
Asset Management- Market Size & Forecast 2019-2030, USD Million
Supply Chain Management-Market Size & Forecast 2019-2030, USD Million
Real-Time Streaming-Market Size & Forecast 2019-2030, USD Million
Network Monitoring-Market Size & Forecast 2019-2030, USD Million
Others

By Form

eMBB (Enhanced Mobile Broadband)- Market Size & Forecast 2019-2030, USD Million
mMTC (Massive Machine-Type Communication)- Market Size & Forecast 2019-2030, USD Million
URLLC (Ultra-Reliable Low Latency Communication)- Market Size & Forecast 2019-2030, USD Million

By Spectrum Band

High Bands (> 24 GHz)- Market Size & Forecast 2019-2030, USD Million
Mid Bands (6-24 GHz)- Market Size & Forecast 2019-2030, USD Million
Low Bands (< 6 GHz)- Market Size & Forecast 2019-2030, USD Million

By Solution

Cloud Radio Access Network (CRAN)- Market Size & Forecast 2019-2030, USD Million
Software Defined Networking (SDN)- Market Size & Forecast 2019-2030, USD Million

By Vertical

Manufacturing- Market Size & Forecast 2019-2030, USD Million
Automotive- Market Size & Forecast 2019-2030, USD Million
Energy & Utilities- Market Size & Forecast 2019-2030, USD Million
Healthcare- Market Size & Forecast 2019-2030, USD Million
Logistics- Market Size & Forecast 2019-2030, USD Million
Government- Market Size & Forecast 2019-2030, USD Million
Media and Entertainment- Market Size & Forecast 2019-2030, USD Million
Others (BFSI, Agriculture, etc.)- Market Size & Forecast 2019-2030, USD Million

By Region

North America
South America
Europe
Middle East & Africa
Asia-Pacific

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