Written by The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), 5G Network Slicing Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
5G Network Slicing Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, 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 report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in 5G Network Slicing Market Segmentation?
The report has segmented the market into the following categories:
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
The non-standalone segment dominated the market, holding a major market share. This segment’s growth is attributed to the increasing uptake of 5G network services within the framework of existing network infrastructure, which helps reduce the initial costs associated with deploying a standalone 5G network. The non-standalone architecture serves as a transitional phase for 5G network deployment, utilizing existing 4G/LTE infrastructure to deliver 5G services.
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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Key Factor Driver 5G Network Slicing Industry Growth by 2030
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.
Who are the Key Players Operating in the 5G Network Slicing Industry?
The top companies of the 5G Network Slicing market ruling the industry 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
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the 5G Network Slicing Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the 5G Network Slicing industry?
- Which is the Leading segment in the market?
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
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