Network Slicing Market size was valued at US$ 560.93 Mn. in 2023 and the total revenue is expected to grow at 51.6 % through 2024 to 2030, reaching nearly US$ 10323.02 Mn.
Network Slicing Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “ Network Slicing Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Network Slicing Market by thorough analysis, and projections are made up to 2030.
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Network Slicing Market Scope and Methodology:
Research in the Network Slicing Market combines quantitative and qualitative methods. Through a variety of research methods, including primary and secondary research, subject matter expert advice, and quantitative and qualitative market data, information is gathered. Primary research makes use of important data from in-person and/or telephone interviews, questionnaires, industry experts’ comments, and other sources.
The Maximize Market Research team performed secondary research using a range of sources, such as corporate websites, annual reports, financial data, reports and SEC filings, internal and external proprietary databases, pertinent patent and regulatory databases, and financial information. In order to obtain information on topics like the dominance of a certain brand and the prices of services and goods in each nation and area, MMR Market Reports reached out to a number of important opinion leaders in the same sector, including senior and mid-level managers of major corporations and end-user executives.
Network Slicing Market Regional Insights
The analysis delves deep into the markets of Middle East, Africa, South America, Asia Pacific, Europe, and North America. Understanding the intricate dynamics of the global Network Slicing market is a key aspect of the regional analysis provided in the report. The report contains data on product import and export, market size, and growth rate for each country. Additionally, the report has also offer a synopsis of the latest advancements in the global Network Slicing market across different countries and regions.
Network Slicing Market Segmentation
by Component
Solutions
Services
The Network Slicing market is further divided into Solutions and Services based on the Component. In 2023, the Solutions segment accounted for xx% of the total market share. The increased share of this market segment can be attributed to the growing need for ultra-low latency communications, high-speed and wide network coverage, and smartphone usage. The expansion of this market is also being fueled by the benefits of network slicing, which include limited real-time application delivery, mobility, versatility, and adaptability. The solutions section is anticipated to expand at the fastest compound annual growth rate throughout the course of the forecast period. Throughout the projection period, there will probably be a sharp increase in demand for network slicing solutions because the technology is still quite new.
by Professional Services
Consulting
Integration & Deployment
Support & Maintenance
Network Testing
Network Planning & Optimization
by Application
Asset Management
Remote Monitoring
Network Monitoring
Supply Chain Management
Real-Time Streaming
Multimedia
by End-User
Healthcare
Energy and Utilities
Transportation and Logistics
Manufacturing
Media and Entertainment
Government
Others
The Network Slicing market is further divided into the End-User categories of Healthcare, Energy and Utilities, Manufacturing, Transportation and Logistics, Media and Entertainment, Government, and Others. In 2023, the Healthcare sector accounted for 21% of the total market share. A significant portion of this market is driven by the advantages of network slicing, which include lower latency issues, increased IT agility, faster and more bandwidth-connected networks, the ability to monitor applications remotely, and reliable healthcare services. Additionally, the demand for network slicing solutions is expected to increase due to the quick uptake of virtual healthcare services, especially in the wake of the COVID-19 pandemic.
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Network Slicing Market Key Players
1. Argela Technologies
2. Cisco Sys`tems Inc.
3. Hewlett Packard Enterprise
4. Huawei Technologies Co., Ltd.
5. Mavenir
6. Nokia
7. Samsung
8. Telefonaktiebolaget LM Ericsson
9. ZTE
10. Ericsson
11. Aria Networks
12. Intel
13. SK Telecom
14. NTT Docomo
15. AFFIRMED NETWORKS INC.
16. AMDOCS
17. Parallel Wireless
18. Tambora Systems
19. Blue Planet
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Key questions answered in the Network Slicing Market are:
- What is Network Slicing?
- What was the Network Slicing Market size in 2023?
- What will be the CAGR at which the Network Slicing Market will grow?
- What growth strategies are the players considering to increase their presence in Network Slicing?
- Who are the key players in the Network Slicing Market?
- Who are the leading companies and what are their portfolios in Network Slicing Market?
- What is the growth rate of the Network Slicing Market?
- What are the upcoming industry applications and trends for the Network Slicing Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Network Slicing Market?
- What are the different segments of the Network Slicing Market?
- What segments are covered in the Network Slicing Market?
- Which are the factors expected to drive the Network Slicing market growth?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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