As per MarkNtel Advisors 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. The adoption of 5G network slicing has been experiencing substantial growth recently, largely owing to its remarkable capacity to establish multiple virtual networks within a single physical 5G network infrastructure. This technology brings a plethora of advantages, notably enhancing network flexibility, optimizing resource utilization, improving overall network efficiency, and providing users with enhanced experiences. It empowers mobile network operators to address a broad spectrum of industries and use cases, each with unique performance requirements, thereby enabling them to differentiate their services and tap into additional revenue streams.

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5G Network Slicing Market Systems Market Segmentation:

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

5G Network Slicing Market Recent Development:

• 2022: Cisco and T-Mobile's partnership has led to the launch of an innovative cloud-native 5G core gateway, elevating their 5G standalone core capabilities. This advancement not only improves network performance for both 5G and 4G users with enhanced speed and lower latency but also enables faster testing and deployment of 5G and IoT applications.
• 2023: Vodafone Group plc., became the first UK company to introduce a 5G standalone network, representing the most advanced and fully upgraded 5G technology without reliance on 4G components, setting it apart from existing 5G non-standalone networks.

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5G Network Slicing Market Drivers:

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.

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Report Highlights Essential Insights for Strategic Decision-Making

• Detailed market size, share, and forecast analysis
  • In-depth pricing trends and segment-wise cost evaluations
  • Key industry strategies, including innovation, partnerships, and acquisitions
  • Critical value chain analysis and stakeholder profiling
  • Regional import-export market insights and trade flow assessment
  • Thorough competitive benchmarking of top hearing aid manufacturers
  • Identification of new growth opportunities and niche market segments
  • Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players 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
• Others

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design
• Collect data through surveys and interviews
• Analyze and validate data using reliable tools
• Forecast trends and deliver actionable insights

About us:

MarkNtel Advisors is a global research and consulting leader providing actionable intelligence across the ICT & electronics industry, spanning electronic equipment & services, software, and digital infrastructure. We analyze the impact of technologies like AI, IoT, and cloud computing on global business ecosystems. Through Consulting Services, we help technology providers and investors interpret emerging market data, refine digital strategies, and adapt to continuous innovation cycles in the connected economy.

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