MarkNtel Advisors, leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on 5G Network Slicing Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.
The 5G Network Slicing Market is estimated to grow at a CAGR of around 38.5% during the forecast period 2024-30.
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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.
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
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5G Network Slicing Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024-30, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
By Type
-RAN Slicing
-Edge Slicing
-End-to-End Network Slicing
By Component
-Solutions
-Services
–Managed Services
–Professional 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 (Enhanced Mobile Broadband)
-mMTC (Massive Machine-Type Communication)
-URLLC (Ultra-Reliable Low Latency Communication)
By Spectrum Band
-High Bands (> 24 GHz)
-Mid Bands (6-24 GHz)
-Low Bands (< 6 GHz)
By Solution
-Cloud Radio Access Network (CRAN)
-Software Defined Networking (SDN)
By Vertical
-Manufacturing
-Automotive
-Energy & Utilities
-Healthcare
-Logistics
-Government
-Media and Entertainment
-Others (BFSI, Agriculture, etc.)
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By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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MarkNtel Advisors is a leading market research company, 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.
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