MarkNtel Advisors recently published a detailed industry analysis of the 5G Network Slicing Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
5G Network Slicing Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The 5G Network Slicing Market size is estimated to grow at a CAGR of around 38.5% during the forecast period, i.e., 2024-30.
What are the Major Driver of the 5G Network Slicing industry?
The Proliferation of IoT Applications Driving the Global 5G Network Slicing Market – The rapid adoption of Internet of Things (IoT) devices and applications across various industries serves as a significant driver for the Global 5G Network Slicing Market. As IoT ecosystems continue to expand, there's a growing need for tailored network solutions to accommodate the diverse requirements of IoT devices. 5G Network Slicing plays a pivotal role in meeting these demands. It enables the creation of dedicated network slices optimized for specific IoT use cases, such as industrial automation, smart cities, agriculture, and healthcare. For instance, in smart manufacturing, IoT sensors and machines require low-latency, high-reliability connections for real-time monitoring and control. In contrast, smart agriculture may necessitate network slices optimized for efficient data transfer from remote sensors and agricultural machinery.
This versatility ensures that IoT applications can operate seamlessly and efficiently within a 5G network, driving the adoption of 5G Network Slicing as a fundamental enabler of IoT innovation. As industries increasingly rely on IoT for enhanced efficiency, productivity, and data-driven insights, the demand for customized, high-performance network slices continues to grow, positioning 5G Network Slicing as a critical driver in the evolving digital landscape.
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Our Latest Reports Now Include In-Depth Supply Chain Ecosystem Analysis, Enabling Businesses to Navigate Tariff Challenges with Greater Agility Get Sample Report: https://www.marknteladvisors.com/query/request-sample/5g-network-slicing-market.html
What segments define the 5G Network Slicing market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
- 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
According to report, The non-standalone segment dominated the market, holding a major market share.
- 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
According to report, The logistics sector took a leading position in the market, representing a major market share.
Explore the Complete 5G Network Slicing Market Analysis Report – https://www.marknteladvisors.com/research-library/5g-network-slicing-market.html
Geographical Analysis: 5G Network Slicing Market
o North America
o South America
o Europe
o Middle East & Africa
o Asia-Pacific
5G Network Slicing Market Share & Competitive Landscape:
The 5G Network Slicing Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the 5G Network Slicing Market are:
- 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
5G Network Slicing Industry Recent Development:
- 2022: Cisco and T-Mobile's partnership has led to the launch of an innovative cloud-native 5G core gateway, elevating their 5G standalone core capabilities. This advancement not only improves network performance for both 5G and 4G users with enhanced speed and lower latency but also enables faster testing and deployment of 5G and IoT applications.
- 2023: Vodafone Group plc., became the first UK company to introduce a 5G standalone network, representing the most advanced and fully upgraded 5G technology without reliance on 4G components, setting it apart from existing 5G non-standalone networks.
Questions Addressed in this Study
1. What factors are driving the 5G Network Slicing Market growth?
2. How is the 5G Network Slicing Market expected to grow over the next five years?
3. What are the key insights into the current trends in the 5G Network Slicing Market?
4. What is the current size of the 5G Network Slicing Market, and how is it projected to change in the future?
6.What is the future outlook for the 5G Network Slicing Market in terms of technological advancements and market expansion?
For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/5g-network-slicing-market.html
Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
More Research Studies Report:
-Biocomposites Market size was valued at around USD 36.9 billion in 2024 and is projected to reach USD 89 billion by 2030 with a CAGR of around 16%.
-Green Solvents Market size was valued at around USD 1.34 billion in 2024 & is projected to reach USD 1.87 billion by 2030 with a CAGR of around 5.7%.
For Media Inquiries, Please Contact:
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
