According to the report published by Allied Market Research, the global network slicing market was estimated at $172.56 million in 2019 and is expected to hit $921.02 million by 2027, registering a CAGR of 23.7% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Increase in demand for next generation 5G network to enable better speed and bandwidth capabilities, rise in use cases of network slicing for Industry 4.0, growth in development of smart cities and smart services, surge in demand for network performance due to growth in mobile data-traffic volumes fuel the growth of the global network slicing market. On the basis of end user, the telecom operators segment held the major share in 2019. Based on region, on the other hand, Asia-Pacific would cite the fastest CAGR by 2027.
Download Sample Report (Get Full Insights in PDF – 140 Pages) at https://www.alliedmarketresearch.com/request-sample/8281
Impact of Covid-19 on Network Slicing Market:
• The outbreak of covid-19 has augmented the demand for broadband services, due to the rising trend of mobile networking and remote working in several industries including retail, telecom, IT, and healthcare.
• This drift is pretty likely to persist post-pandemic too, as communications service providers are focusing toward 5G rollouts along with shooting up the investments for network slicing.
The global network slicing market report is analyzed across component, end user, industry vertical, and region. On the basis of component, the solution segment accounted for around two-thirds of the total market share in 2019, and is projected to lead the trail by 2027. At the same time, the services segment would showcase the fastest CAGR of 26.1% from 2020 to 2027.
On the basis of end user, the telecom operators segment contributed to the highest market share in 2019, holding nearly three-fifths of the global network slicing market. Simultaneously, the enterprises segment is expected to portray the highest CAGR of 24.7% from 2020 to 2027.
Based on region, North America held the major share in 2019, generating around two-fifths of the global market. The region across Asia- Pacific, on the other hand, would manifest the fastest CAGR of 27.5% throughout the forecast period. The other provinces discussed in the report include Europe and LAMEA.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/8281
The key market players analyzed in the global network slicing market report include Argela Technologies, ZTE, Cisco Systems Inc., Hewlett Packard Enterprise, Huawei Technologies Co., Ltd., Affirmed Networks Inc., Samsung, Mavenir, Nokia, and Telefonaktiebolaget LM Ericsson.
Similar Reports –
1. Cloud Content Delivery Network (CDN) market
2. Network function virtualization Market
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.
David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: 1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 [email protected] Web: https://www.alliedmarketresearch.com Follow Us on: LinkedIn Twitter
Menafn, Reportedtimes, canadatousd, PR-Wirein, Empirits, Healthfirsto, lebc, Dthai, Fexti, Research Newswire, English
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: 1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow Us on: LinkedIn Twitter