Moreover, the trending technologies, such as Industrial Internet of Things (IIoT) and Cloud Radio Access Network (C-RAN), and the evolving next-generation wireless networks are some of the other factors that are expected to contribute to the overall growth of the network slicing market.
MarketsandMarkets forecasts the global network slicing market size to grow from USD 112.3 Million in 2017 to USD 302.2 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 21.9%.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=120515704 There are several established players in the network slicing market, such as Ericsson (Sweden), Huawei (China), Nokia (Finland), Intel (US), Cisco (US), ZTE (China), SK Telecom (South Korea), Affirmed Networks (US), Deutsche Telekom (Germany), Telefónica (Spain), Samsung Electronics (South Korea), NTT DOCOMO (Japan), Aria Networks (UK), Argela (Turkey), and Mavenir (US).
These leading players have adopted various strategies, such as partnerships, collaborations, agreements, mergers and acquisitions, and new product developments, to achieve growth in the global network slicing market.Ericsson offers virtual network services, which address the networking requirements of the operators.
The network slices help operators improve the network the efficiency, reduce the latency, and enhance the speed, thereby improving the overall cost-efficiency.
For instance, in September 2017, Ericsson partnered with Intel, a multinational company providing technology and networking, and communication platforms for commercial clients.
The company offers a comprehensive set of 5G core solutions, including Cisco’s Ultra Services Platform, which consists of Control and User Plane Separation (CUPS) for network slicing, virtualization, and end-to-end automation.
The report "Network Slicing Market by Component (Solution and Services (Professional and Managed)), End User (Telecom Operators and Enterprises), Application (Manufacturing, Government, Automotive, Media and Entertainment), and Region - Global Forecast to 2025 ", global network slicing market size is projected to grow from USD 161 million in 2020 to USD 1,284 million by 2025, at a Compound Annual Growth Rate (CAGR) of 51.5% during the forecast period.
The network slicing market is gaining traction due to the evolution of cellular network technology, which has offered higher data speeds and lower latency.
The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video and the shift of business toward the use of cloud services.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=120515704Services segment to grow at the highest CAGR during the forecast periodServices play a vital role in the deployment and integration of next-generation networking solutions in an enterprise’s business environment.
Services are considered an important component of the network slicing market, as they majorly focus on improving the business processes and optimizing the enterprise’s network.
Services are considered as the backbone of network slicing, as they are instrumental in fulfilling the clients’ requirements, such as network testing, planning and optimization, support and maintenance, and consultingAutomotive segment to grow at the highest CAGR during the forecast periodThe automotive industry also makes use of the 5G technology to boost the productivity, enhance the efficiency, increase drive the brand loyalty, and offer autonomous and cooperative vehicles with significantly improved security standards and multimodal transportation solutions.
The introduction of next-generation technologies, such as 5G gave birth to numerous applications, such as AR, virtual realityVR, and tactile internet.North America region to record the highest market share in the network slicing market in 2020North America is one of the most technologically advanced regions in the world.
The network slicing market is expected to be gaining traction due to the rise in demands for high-speed and large network coverage, increased growth in mobile data traffic volumes, increase in demand for broadband services over mobile network, and the growing demand for the virtualization of networks.
Moreover, the trending technologies, such as Industrial Internet of Things (IIoT) and Cloud Radio Access Network (C-RAN), and the evolving next-generation wireless networks are some of the other factors that are expected to contribute to the overall growth of the network slicing market.
MarketsandMarkets forecasts the global network slicing market size to grow from USD 112.3 Million in 2017 to USD 302.2 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 21.9%.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=120515704The network planning and optimization segment is expected to be the fastest growing professional service in the network slicing market during the forecast periodNetwork planning and optimization is one of the important aspects in enabling the implementation of network slicing technologies.
Furthermore, it enables improved customer experience with better data throughput, lowers the Total Cost of Ownership (TCO), and reduces the client complaints with its advanced pre-emptive analysis service.
Network planning services are inclusive of nominal cell planning, capacity dimensioning, Radio Frequency (RF) site surveys, frequency planning, and cell parameter planning.
Hence, the network planning and optimization segment is expected to be the fastest growing professional service in the network slicing market during the forecast period.The remote monitoring application area is expected to hold the largest market share in the network slicing market during the forecast periodAs global businesses are adopting the digital platforms, remote monitoring has become a crucial part in maintaining a competitive edge in the market.
The report "Network Slicing Market by Component (Solution and Services (Professional and Managed)), End User (Telecom Operators and Enterprises), Application (Manufacturing, Government, Automotive, Media and Entertainment), and Region - Global Forecast to 2025 ", global network slicing market size is projected to grow from USD 161 million in 2020 to USD 1,284 million by 2025, at a Compound Annual Growth Rate (CAGR) of 51.5% during the forecast period.
The network slicing market is gaining traction due to the evolution of cellular network technology, which has offered higher data speeds and lower latency.
The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video and the shift of business toward the use of cloud services.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=120515704Services segment to grow at the highest CAGR during the forecast periodServices play a vital role in the deployment and integration of next-generation networking solutions in an enterprise’s business environment.
Services are considered an important component of the network slicing market, as they majorly focus on improving the business processes and optimizing the enterprise’s network.
Services are considered as the backbone of network slicing, as they are instrumental in fulfilling the clients’ requirements, such as network testing, planning and optimization, support and maintenance, and consultingAutomotive segment to grow at the highest CAGR during the forecast periodThe automotive industry also makes use of the 5G technology to boost the productivity, enhance the efficiency, increase drive the brand loyalty, and offer autonomous and cooperative vehicles with significantly improved security standards and multimodal transportation solutions.
The introduction of next-generation technologies, such as 5G gave birth to numerous applications, such as AR, virtual realityVR, and tactile internet.North America region to record the highest market share in the network slicing market in 2020North America is one of the most technologically advanced regions in the world.
The report "Network Slicing Market by Component (Solution and Services (Professional and Managed)), End User (Telecom Operators and Enterprises), Application (Manufacturing, Government, Automotive, Media and Entertainment), and Region - Global Forecast to 2025 ", global network slicing market size is projected to grow from USD 161 million in 2020 to USD 1,284 million by 2025, at a Compound Annual Growth Rate (CAGR) of 51.5% during the forecast period.
The network slicing market is gaining traction due to the evolution of cellular network technology, which has offered higher data speeds and lower latency.
The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video and the shift of business toward the use of cloud services.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=120515704Services segment to grow at the highest CAGR during the forecast periodServices play a vital role in the deployment and integration of next-generation networking solutions in an enterprise’s business environment.
Services are considered an important component of the network slicing market, as they majorly focus on improving the business processes and optimizing the enterprise’s network.
Services are considered as the backbone of network slicing, as they are instrumental in fulfilling the clients’ requirements, such as network testing, planning and optimization, support and maintenance, and consultingAutomotive segment to grow at the highest CAGR during the forecast periodThe automotive industry also makes use of the 5G technology to boost the productivity, enhance the efficiency, increase drive the brand loyalty, and offer autonomous and cooperative vehicles with significantly improved security standards and multimodal transportation solutions.
The introduction of next-generation technologies, such as 5G gave birth to numerous applications, such as AR, virtual realityVR, and tactile internet.North America region to record the highest market share in the network slicing market in 2020North America is one of the most technologically advanced regions in the world.
Moreover, the trending technologies, such as Industrial Internet of Things (IIoT) and Cloud Radio Access Network (C-RAN), and the evolving next-generation wireless networks are some of the other factors that are expected to contribute to the overall growth of the network slicing market.
MarketsandMarkets forecasts the global network slicing market size to grow from USD 112.3 Million in 2017 to USD 302.2 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 21.9%.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=120515704 There are several established players in the network slicing market, such as Ericsson (Sweden), Huawei (China), Nokia (Finland), Intel (US), Cisco (US), ZTE (China), SK Telecom (South Korea), Affirmed Networks (US), Deutsche Telekom (Germany), Telefónica (Spain), Samsung Electronics (South Korea), NTT DOCOMO (Japan), Aria Networks (UK), Argela (Turkey), and Mavenir (US).
These leading players have adopted various strategies, such as partnerships, collaborations, agreements, mergers and acquisitions, and new product developments, to achieve growth in the global network slicing market.Ericsson offers virtual network services, which address the networking requirements of the operators.
The network slices help operators improve the network the efficiency, reduce the latency, and enhance the speed, thereby improving the overall cost-efficiency.
For instance, in September 2017, Ericsson partnered with Intel, a multinational company providing technology and networking, and communication platforms for commercial clients.
The company offers a comprehensive set of 5G core solutions, including Cisco’s Ultra Services Platform, which consists of Control and User Plane Separation (CUPS) for network slicing, virtualization, and end-to-end automation.
The report "Network Slicing Market by Component (Solution and Services (Professional and Managed)), End User (Telecom Operators and Enterprises), Application (Manufacturing, Government, Automotive, Media and Entertainment), and Region - Global Forecast to 2025 ", global network slicing market size is projected to grow from USD 161 million in 2020 to USD 1,284 million by 2025, at a Compound Annual Growth Rate (CAGR) of 51.5% during the forecast period.
The network slicing market is gaining traction due to the evolution of cellular network technology, which has offered higher data speeds and lower latency.
The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video and the shift of business toward the use of cloud services.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=120515704Services segment to grow at the highest CAGR during the forecast periodServices play a vital role in the deployment and integration of next-generation networking solutions in an enterprise’s business environment.
Services are considered an important component of the network slicing market, as they majorly focus on improving the business processes and optimizing the enterprise’s network.
Services are considered as the backbone of network slicing, as they are instrumental in fulfilling the clients’ requirements, such as network testing, planning and optimization, support and maintenance, and consultingAutomotive segment to grow at the highest CAGR during the forecast periodThe automotive industry also makes use of the 5G technology to boost the productivity, enhance the efficiency, increase drive the brand loyalty, and offer autonomous and cooperative vehicles with significantly improved security standards and multimodal transportation solutions.
The introduction of next-generation technologies, such as 5G gave birth to numerous applications, such as AR, virtual realityVR, and tactile internet.North America region to record the highest market share in the network slicing market in 2020North America is one of the most technologically advanced regions in the world.
The network slicing market is expected to be gaining traction due to the rise in demands for high-speed and large network coverage, increased growth in mobile data traffic volumes, increase in demand for broadband services over mobile network, and the growing demand for the virtualization of networks.
Moreover, the trending technologies, such as Industrial Internet of Things (IIoT) and Cloud Radio Access Network (C-RAN), and the evolving next-generation wireless networks are some of the other factors that are expected to contribute to the overall growth of the network slicing market.
MarketsandMarkets forecasts the global network slicing market size to grow from USD 112.3 Million in 2017 to USD 302.2 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 21.9%.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=120515704The network planning and optimization segment is expected to be the fastest growing professional service in the network slicing market during the forecast periodNetwork planning and optimization is one of the important aspects in enabling the implementation of network slicing technologies.
Furthermore, it enables improved customer experience with better data throughput, lowers the Total Cost of Ownership (TCO), and reduces the client complaints with its advanced pre-emptive analysis service.
Network planning services are inclusive of nominal cell planning, capacity dimensioning, Radio Frequency (RF) site surveys, frequency planning, and cell parameter planning.
Hence, the network planning and optimization segment is expected to be the fastest growing professional service in the network slicing market during the forecast period.The remote monitoring application area is expected to hold the largest market share in the network slicing market during the forecast periodAs global businesses are adopting the digital platforms, remote monitoring has become a crucial part in maintaining a competitive edge in the market.
The report "Network Slicing Market by Component (Solution and Services (Professional and Managed)), End User (Telecom Operators and Enterprises), Application (Manufacturing, Government, Automotive, Media and Entertainment), and Region - Global Forecast to 2025 ", global network slicing market size is projected to grow from USD 161 million in 2020 to USD 1,284 million by 2025, at a Compound Annual Growth Rate (CAGR) of 51.5% during the forecast period.
The network slicing market is gaining traction due to the evolution of cellular network technology, which has offered higher data speeds and lower latency.
The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video and the shift of business toward the use of cloud services.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=120515704Services segment to grow at the highest CAGR during the forecast periodServices play a vital role in the deployment and integration of next-generation networking solutions in an enterprise’s business environment.
Services are considered an important component of the network slicing market, as they majorly focus on improving the business processes and optimizing the enterprise’s network.
Services are considered as the backbone of network slicing, as they are instrumental in fulfilling the clients’ requirements, such as network testing, planning and optimization, support and maintenance, and consultingAutomotive segment to grow at the highest CAGR during the forecast periodThe automotive industry also makes use of the 5G technology to boost the productivity, enhance the efficiency, increase drive the brand loyalty, and offer autonomous and cooperative vehicles with significantly improved security standards and multimodal transportation solutions.
The introduction of next-generation technologies, such as 5G gave birth to numerous applications, such as AR, virtual realityVR, and tactile internet.North America region to record the highest market share in the network slicing market in 2020North America is one of the most technologically advanced regions in the world.
The report "Network Slicing Market by Component (Solution and Services (Professional and Managed)), End User (Telecom Operators and Enterprises), Application (Manufacturing, Government, Automotive, Media and Entertainment), and Region - Global Forecast to 2025 ", global network slicing market size is projected to grow from USD 161 million in 2020 to USD 1,284 million by 2025, at a Compound Annual Growth Rate (CAGR) of 51.5% during the forecast period.
The network slicing market is gaining traction due to the evolution of cellular network technology, which has offered higher data speeds and lower latency.
The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video and the shift of business toward the use of cloud services.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=120515704Services segment to grow at the highest CAGR during the forecast periodServices play a vital role in the deployment and integration of next-generation networking solutions in an enterprise’s business environment.
Services are considered an important component of the network slicing market, as they majorly focus on improving the business processes and optimizing the enterprise’s network.
Services are considered as the backbone of network slicing, as they are instrumental in fulfilling the clients’ requirements, such as network testing, planning and optimization, support and maintenance, and consultingAutomotive segment to grow at the highest CAGR during the forecast periodThe automotive industry also makes use of the 5G technology to boost the productivity, enhance the efficiency, increase drive the brand loyalty, and offer autonomous and cooperative vehicles with significantly improved security standards and multimodal transportation solutions.
The introduction of next-generation technologies, such as 5G gave birth to numerous applications, such as AR, virtual realityVR, and tactile internet.North America region to record the highest market share in the network slicing market in 2020North America is one of the most technologically advanced regions in the world.