Scope of the Study
5G Network slicing is the architecture which enables the multiplexing of virtualization and independent logical networks on the same physical network infrastructure. Each network slice is an isolated end-to-end network which is tailored to fulfill diverse requirements requested by an application. This technology assumes a central role for supporting 5G mobile networks which are designed to efficiently embrace a plethora of services with very different service level requirements. Network slicing has emerged as an essential technique in 5G networks for accommodating such different and possibly contrasting quality of service requirements exploiting a single physical network infrastructure.
The market study is being classified, by Application (Remote Monitoring, Asset Management, Supply Chain Management, Real-Time Streaming and Network Monitoring) and major geographies with country level break-up.
Cisco Systems Inc. (United States), Samsung Electronics Co. Ltd. (South Korea), Ericsson (Sweden), Huawei Technologies Co. Ltd. (China), Nokia Corporation (Finland), Intel Corporation (United States), ZTE Corporation (China), SK Telecom Co. Ltd. (South Korea), NTT DOCOMO Inc. (Japan) and Deutsche Telekom AG (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Telefonica SA (Spain).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global 5G Network Slicing market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global 5G Network Slicing market by Type, Application and Region.
On the basis of geography, the market of 5G Network Slicing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Penetration of Smartphone and Increasing Data Traffic
- Availability of Affordable High Speed Network Services
- Deployment of Network Slicing Solutions by Telecom Industry
- Concerns Related to Data Security
- Increasing Demand of Commercialization of 5G Network
- Adoption of IoT Devices Owing to Development of Smart Cities
- Lack of Standardization May Hamper the Market
Market Leaders and their expansionary development strategies
In May 2020, Cisco has acquired Thousand Eyes which empowers businesses to see, understand, and improve the experience for every user and every application over any network. and In April 2020, Cisco has acquired Fluidmesh networks which develops wireless solutions for industrial IOT applications and focuses on vehicle connectivity and automation
On February 2020, Nokia has launched end to end slicing network functionality for 4G and 5G new radio. This solution is designed to support connectivity from 4G and 5G devices over the sliced network to applications running in private and public.
Key Target AudienceNetwork slicing service provider, Telecom company, Government associations, Research organizations, software vendors and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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