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Network Slicing Market Size

  • Report ID: GMI4569
  • Published Date: Feb 2020
  • Report Format: PDF

Network Slicing Market Size

Network Slicing Market size exceeded USD 200 million in 2019 and is anticipated to grow at a CAGR of over 15% from 2020 to 2026. The market growth is attributed to the rising demand for next generation 5G network due its better bandwidth and speed capabilities.

 

Different industry verticals are expected to increase their productivity due to commercialization of 5G network. Network slicing is supporting these businesses with massive IoT and low latency services for their digital transformation.
 

 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of network slicing surpassed USD 200 million in 2019.

The industry share of network slicing is anticipated to grow at a CAGR of over 15% between 2020 and 2026.

Asia Pacific is expected to show a growth rate of over 20% during the forecast period owing to rising adoption of mobile devices in developing countries across the region.

The solution segment in the UK held a market share of over 80% in 2019 due to rising demand for better speed and bandwidth connectivity by telecom operators to serve different customer needs.

The major industry players include Affirmed Networks, Amdocs, Argela Technologies, Cisco Systems, Inc., Cloudstreet, HCL Technologies Limited, Huawei Technologies Co., Ltd., Mavenir, Nokia Corporation, Parallel Wireless, Inc., RedZinc Services Ltd., Telefonaktiebolaget LM Ericsson, and ZTE Corporation.

Network Slicing Market Scope

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Premium Report Details

  • Base Year: 2019
  • Companies covered: 20
  • Tables & Figures: 455
  • Countries covered: 17
  • Pages: 255
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