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Network Slicing Market 2020 How the Business Will Grow in 2026? Prominent Players: Affirmed Networks, Amdocs, Argela Technologies, Cisco, HCL Technologies, Huawei, Mavenir, Nokia

04-08-2020 09:28 AM CET | Media & Telecommunications

Press release from: Global Market Insights, Inc.

Network Slicing Market 2020 How the Business Will Grow in 2026?

The bandwidth of network optimizes, with several users connected on a network and pre-defined KPIs. Such significant 5G networks may fuel network slicing market growth over the forecast period. Major players operating in the network slicing market are Huawei Technologies Co., Ltd., Ericsson, Nokia Corporation and ZTE Corporation.

Demand for network slicing in industrial IoT applications is expected to support network slicing market growth. Companies worldwide are leveraging IoT technology to streamline the operational efficiency and industrial processes. Taking 2019 for instance, ZTE Corporation completed the 5G network slicing trial in China.

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Numerous testing initiatives and collaborative developments in 5G connectivity are facilitating the adoption of network slicing infrastructure across enterprises. Demand for industrial Internet of Things (IoT) solutions across enterprises has supported the technology's development. The need for high-speed broadband services over mobile networks is considerably contributing to the adoption of network slicing market growth.

Companies operating in this industry are focusing on developing innovative products that can offer customized virtual networks. They are launching new solutions that support network slicing and 5G connectivity. Taking an instance to highlight the same, in 2019, ZTE collaborated with Hutchison Drei Austria and introduced a 5G slicing service store in Europe. The company offered custom network slices, with real-time KPI monitoring and network optimizing capability.

Companies covered:
Affirmed Networks, Amdocs, Argela Technologies, Cisco Systems, Inc., Cloudstreet, HCL Technologies Limited, Huawei Technologies Co., Ltd., Mavenir, Nokia Corporation, Parallel Wireless, Inc., RedZinc Services Ltd., Telefonaktiebolaget LM Ericsson, and ZTE Corporation

Europe network slicing industry is expected to witness commendable growth from the developing healthcare sector. Companies operating in healthcare industry are looking for effective network slicing services, which will bolster network slicing market growth. The economic stability in Europe will encourage investments for research and development activities in healthcare technology for advancement of infrastructure.

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Industries worldwide are actively demanding for 5G network connectivity, generating new growth prospects in the network slicing market. For instance, self-driving vehicle manufacturers are adopting network slicing technology as these vehicles rely heavily on Vehicle-to-Anything (V2X) communication for effective functioning. Moreover, these vehicles demand high bandwidth video streaming capabilities.

Table of Contents (ToC) of the report:

Chapter 6. Network Slicing Market, By Application
6.1. Key trends, by application
6.2. Manufacturing
6.2.1. Market estimates and forecast, 2017 - 2026
6.2.2. Process monitoring
6.2.2.1. Market estimates and forecast, 2017 - 2026
6.2.3. Process control
6.2.3.1. Market estimates and forecast, 2017 - 2026
6.3. Energy & utility
6.3.1. Market estimates and forecast, 2017 - 2026
6.4. Healthcare
6.4.1. Market estimates and forecast, 2017 - 2026
6.4.2. Remote healthcare
6.4.2.1. Market estimates and forecast, 2017 - 2026
6.4.3. Medical device tracking
6.4.3.1. Market estimates and forecast, 2017 - 2026
6.5. Automotive
6.5.1. Market estimates and forecast, 2017 - 2026
6.5.2. Autonomous driving
6.5.2.1. Market estimates and forecast, 2017 - 2026
6.5.3. Telematic
6.5.3.1. Market estimates and forecast, 2017 - 2026
6.6. Government
6.6.1. Market estimates and forecast, 2017 - 2026
6.6.2. Smart city
6.6.2.1. Market estimates and forecast, 2017 - 2026
6.6.3. Public safety
6.6.3.1. Market estimates and forecast, 2017 - 2026
6.7. Retail
6.7.1. Market estimates and forecast, 2017 - 2026
6.7.2. Supply chain management
6.7.2.1. Market estimates and forecast, 2017 - 2026
6.7.3. Asset tracking and monitoring
6.7.3.1. Market estimates and forecast, 2017 - 2026
6.8. BFSI
6.8.1. Market estimates and forecast, 2017 - 2026
6.9. Others
6.9.1. Market estimates and forecast, 2017 - 2026

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/network-slicing-market

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