5G Network Slicing Market- By Type (RAN Slicing, Edge Slicing, End-to-End Network Slicing), By Component (Solutions, Services), By Deployment Mode (Standalone, Non-standalone), By......Enterprise Type (Large Enterprises, Small and Medium Enterprises), By Application (Remote Monitoring, Asset Management, Supply Chain Management, Real-Time Streaming, Network Monitoring, Others), By Form (eMBB, mMTC, URLLC), By Spectrum Band (High Bands, Mid Bands, Low Bands), By Solution (Cloud Radio Access Network [CRAN], Software Defined Networking [SDN]), By Vertical (Manufacturing, Automotive, Energy & Utilities, Healthcare, Logistics, Government, Media and Entertainment, Others), and others Read more
- ICT & Electronics
- Jan 2024
- 206
- PDF, Excel, PPT
Market Definition
A crucial component of fifth-generation (5G) wireless technology is 5G Network Slicing, which enables the development of several virtual networks, or "slices," within a single physical 5G network architecture. Because each network slice is customized to match unique needs and features, services may be made to fit a wide range of use cases and applications.
Market Insights & Analysis: Global 5G Network Slicing Market (2024-30):
The Global 5G Network Slicing Market size is estimated to grow at a CAGR of around 38.5% during the forecast period, i.e., 2024-30. The adoption of 5G network slicing has been experiencing substantial growth recently, largely owing to its remarkable capacity to establish multiple virtual networks within a single physical 5G network infrastructure. This technology brings a plethora of advantages, notably enhancing network flexibility, optimizing resource utilization, improving overall network efficiency, and providing users with enhanced experiences. It empowers mobile network operators to address a broad spectrum of industries and use cases, each with unique performance requirements, thereby enabling them to differentiate their services and tap into additional revenue streams.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2019-22 |
| Base Year: 2023 | |
| Forecast Period: 2024-30 | |
| CAGR (2024-2030) | 38.5% |
| Regions Covered | North America: US, Canada, Mexico |
| Europe: Germany, The UK, France, Spain, Italy, Rest of Europe | |
| Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific | |
| South America: Brazil, Rest of South America | |
| Middle East & Africa: GCC, South Africa, Rest of MEA | |
| Key Companies Profiled | Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., Nokia Corporation, Intel Corporation., ZTE Corporation, Cisco Systems Inc., Samsung Electronics Co. Ltd., SK Telecom Co. Ltd., NTT DOCOMO Inc., Deutsche Telekom AG, Telefonica SA., Vodafone Group plc, Amdocs, Inc., Mavenir Systems, Inc., Parallel Wireless, and Others |
| Unit Denominations | USD Million/Billion |
One major factor behind the increasing demand for 5G network slicing is the rapid proliferation of the Internet of Things (IoT). By creating dedicated network slices tailored for IoT devices, service providers can ensure these devices have the necessary resources and quality of service (QoS) to operate efficiently and effectively. As the IoT ecosystem expands exponentially, network providers can leverage 5G network slicing to scale their networks flexibly and cost-effectively, generating new slices and allocating resources as needed to stay aligned with the evolving IoT landscape.
Similarly, the integration of Artificial Intelligence (AI) and Machine Learning (ML) plays a pivotal role in the implementation of 5G network slicing. These advanced technologies offer real-time network data analysis, optimizing resource allocation, enhancing network efficiency, and bolstering network security. Furthermore, the burgeoning demand for Augmented Reality (AR) and Virtual Reality (VR) applications, particularly in the gaming sector, further amplifies the necessity for 5G network slicing. This is primarily because network slicing allows for the creation of specialized and dedicated logical networks tailored to the specific requirements of these applications.
Collaborations among industry leaders, such as Telefonaktiebolaget LM Ericsson, Samsung Electronics Co. Ltd., and Deutsche Telekom AG, are actively contributing to the development of 5G network slicing tailored to AR/VR applications. Hence, the surging adoption of 5G network slicing, driven by its ability to create versatile virtual networks and support diverse industries, is reshaping the connectivity landscape and ushering in a new era of network customization and efficiency.
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global 5G Network Slicing Market Trends & Insights
- Global 5G Network Slicing Market Dynamics
- Drivers
- Challenges
- Global 5G Network Slicing Market Hotspot & Opportunities
- Global 5G Network Slicing Market Policies, Regulations, Product Standards
- Global 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type
- RAN Slicing- Market Size & Forecast 2019-2030, USD Million
- Edge Slicing- Market Size & Forecast 2019-2030, USD Million
- End-to-End Network Slicing- Market Size & Forecast 2019-2030, USD Million
- By Component
- Solutions- Market Size & Forecast 2019-2030, USD Million
- Services- Market Size & Forecast 2019-2030, USD Million
- Managed Services- Market Size & Forecast 2019-2030, USD Million
- Professional Services- Market Size & Forecast 2019-2030, USD Million
- By Deployment Mode
- Standalone- Market Size & Forecast 2019-2030, USD Million
- Non-standalone- Market Size & Forecast 2019-2030, USD Million
- By Enterprise Type
- Large Enterprises- Market Size & Forecast 2019-2030, USD Million
- Small and Medium Enterprises- Market Size & Forecast 2019-2030, USD Million
- By Application
- Remote Monitoring- Market Size & Forecast 2019-2030, USD Million
- Asset Management- Market Size & Forecast 2019-2030, USD Million
- Supply Chain Management-Market Size & Forecast 2019-2030, USD Million
- Real-Time Streaming-Market Size & Forecast 2019-2030, USD Million
- Network Monitoring-Market Size & Forecast 2019-2030, USD Million
- Others
- By Form
- eMBB (Enhanced Mobile Broadband)- Market Size & Forecast 2019-2030, USD Million
- mMTC (Massive Machine-Type Communication)- Market Size & Forecast 2019-2030, USD Million
- URLLC (Ultra-Reliable Low Latency Communication)- Market Size & Forecast 2019-2030, USD Million
- By Spectrum Band
- High Bands (> 24 GHz)- Market Size & Forecast 2019-2030, USD Million
- Mid Bands (6-24 GHz)- Market Size & Forecast 2019-2030, USD Million
- Low Bands (< 6 GHz)- Market Size & Forecast 2019-2030, USD Million
- By Solution
- Cloud Radio Access Network (CRAN)- Market Size & Forecast 2019-2030, USD Million
- Software Defined Networking (SDN)- Market Size & Forecast 2019-2030, USD Million
- By Vertical
- Manufacturing- Market Size & Forecast 2019-2030, USD Million
- Automotive- Market Size & Forecast 2019-2030, USD Million
- Energy & Utilities- Market Size & Forecast 2019-2030, USD Million
- Healthcare- Market Size & Forecast 2019-2030, USD Million
- Logistics- Market Size & Forecast 2019-2030, USD Million
- Government- Market Size & Forecast 2019-2030, USD Million
- Media and Entertainment- Market Size & Forecast 2019-2030, USD Million
- Others (BFSI, Agriculture, etc.)- Market Size & Forecast 2019-2030, USD Million
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
- By Competition
- Market Share of Top Companies
- Competition Characteristics
- By Type
- Market Size & Analysis
- North America 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Deployment Mode- Market Size & Forecast 2019-2030, USD Million
- By Enterprise Type- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By Form- Market Size & Forecast 2019-2030, USD Million
- By Spectrum Band- Market Size & Forecast 2019-2030, USD Million
- By Solution- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- By Country
- The US
- Canada
- Mexico
- The US 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Canada 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Mexico 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- South America 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Deployment Mode- Market Size & Forecast 2019-2030, USD Million
- By Enterprise Type- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By Form- Market Size & Forecast 2019-2030, USD Million
- By Spectrum Band- Market Size & Forecast 2019-2030, USD Million
- By Solution- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- By Country
- Brazil
- Rest of South America
- Brazil 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Europe 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Deployment Mode- Market Size & Forecast 2019-2030, USD Million
- By Enterprise Type- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By Form- Market Size & Forecast 2019-2030, USD Million
- By Spectrum Band- Market Size & Forecast 2019-2030, USD Million
- By Solution- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- By Country
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
- Germany 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- The UK 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- France 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Italy 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Spain 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- The Middle East & Africa 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Deployment Mode- Market Size & Forecast 2019-2030, USD Million
- By Enterprise Type- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By Form- Market Size & Forecast 2019-2030, USD Million
- By Spectrum Band- Market Size & Forecast 2019-2030, USD Million
- By Solution- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- By Country
- GCC
- Africa
- Rest of Middle East & Africa
- GCC 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Africa 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Deployment Mode- Market Size & Forecast 2019-2030, USD Million
- By Enterprise Type- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By Form- Market Size & Forecast 2019-2030, USD Million
- By Spectrum Band- Market Size & Forecast 2019-2030, USD Million
- By Solution- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- By Country
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- China 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- India 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Japan 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- South Korea 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Australia 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Southeast Asia 5G Network Slicing Market Outlook, 2019-2030
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030, USD Million
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Vertical- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Global 5G Network Slicing Market Key Strategic Imperatives for Success & Growth
- Competition Outlook
- Company Profiles
- Telefonaktiebolaget LM Ericsson
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Huawei Technologies Co. Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Nokia Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Intel Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- ZTE Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Cisco Systems Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Samsung Electronics Co. Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- SK Telecom Co. Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- NTT DOCOMO Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Deutsche Telekom AG
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Telefonica SA.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Vodafone Group plc
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Amdocs, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Mavenir Systems, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Parallel Wireless
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Telefonaktiebolaget LM Ericsson
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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