In-Depth 5G Network Slicing Market Analysis: Growth Trends, Size, and Demand from 2024 to 2030

MarkNtel Advisors analyses the growth rate of the 5G Network Slicing market in the forecast period from 2024 to 2030. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the 5G Network Slicing market, helping them make informed decisions.

Market Outlook – 2024-2030:

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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Key Company Profiles

This report explores recent significant developments in the 5G Network Slicing Market, focusing on the leading companies and their innovative profiles. The major players in the 5G Network Slicing Market, featured in this report, include:

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
Other

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Market Segmentation & Coverage

This research report by MarkNtel Advisors categorizes the 5G Network Slicing Market to forecast revenues and analyse trends across each of the following sub-markets:

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

The logistics sector took a leading position in the market, representing a major market share. The segment's prominence is attributed to the growing demand for tailored and optimized network services catering to specific applications like fleet management, logistics streamlining, autonomous vehicles, traffic control, and more.

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

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What are the primary factors driving the growth of the Global 5G Network Slicing market?

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.

Key Questions Addressed:

Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?

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