What is Network Slicing Market Scope?
Network slicing is the separation of multiple virtual networks that run on the same physical hardware for diverse applications, services or purposes. This form of virtual network architecture combines principles behind software-defined networking and network functions virtualization on a fixed network to rise flexibility.
The Network Slicing market study is being classified by Type (Technologies and Services), by Application (Remote Monitoring, Supply Chain Management, Asset Management, Real-Time Streaming, Network Monitoring and Multimedia) and major geographies with country level break-up.
The network slicing market is fragmented with players collaborating with each other to provide required availability, a specified latency, data rate, and security. The solutions provider can also help carriers implement network slice lifecycle management in the preparation of 5G. Analysts at AMA predicts that Players from Global will contribute to the maximum growth of Global Network Slicing market throughout the predicted period.
Cisco (United States), Huawei (China), Nokia (Finland), Ericsson (Sweden), SK Telecom (South Korea), NTT Docomo Inc. (Japan), ZTE (China), Intel (United States), Deutsche Telekom (Germany) and Samsung Electronics (South Korea) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Aria Networks (United Kingdom) and Telefónica (Spain).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Network Slicing market by Type, Application and Region.
On the basis of geography, the market of 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).
Market Influencers and their development strategies
On 26 March 2019, Ericsson has collaborated with AT&T to deploy the world’s first lifecycle management based on ONAP software for network slices at various enterprise locations. The physical radio and virtualized core network elements were configured, and the virtual network elements orchestrated, in an automated manner to be part of the targeted network slices.
On 17 May 2019, The China Media Group, China Mobile, and Huawei successfully completed the first UHD live streaming verification through a real end-to-end 5G network slice. This is also the industry's first live streaming slice on the 3GPP-compliant 5G SA network.
Influencing Market Trend
Market Drivers
- Increasing Demand For High-speed And Large Network Coverage
- Virtualization of Networks
Opportunities
- Increasing Number of IoT-Connected Devices
- Rising Usage of Agile Network
Restraints
- Low 5G Penetration in Emerging Economies
Challenges
- Need for an Accurate End-to-End View of Network Performance, from the User/Device to the Data Server
Key Target Audience
Network Solution Providers, Network Operators, Managed Service Providers (MSPs), Technology Consultants, Potential Investors and Research and Development Organization
Customization available in this Study:
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