Press release
Network Slicing Market Size, Share, Analysis and Projection, Application, and Region - Global Forecast to 2026
The growth of the market for Network slicing is driven by the growing demand of broadband network over mobile networks and the wide network coverage and high speed.Market Size – USD 14.43 billion in 2018, Market Growth - CAGR of 18.3%, Market Trends – Increasing demand for fast speed and wider network coverage, acceptance of broadband over mobile networks.
New York, February 28 2019 - The Network slicing market is forecasted to grow from USD 14.43 billion in 2018 to USD 43.24 billion by 2026, at a CAGR of 18.3% during the forecast period. The driving factor for growth being the Increasing demand for fast speed and wider network coverage, acceptance of broadband over mobile networks.
The high growth in mobile data traffic, the increased demand for fast speed and wide network coverage, and the virtualization of networks are some of the factors forecasted to be the major drivers for the growth of the market along with the huge demand for broadband over mobile networks. The network slicing market is forecasted to grow with the rapid increase in the number of Internet of Things (IoT) connected devices and active networks. As the operators have initiated the investments for advanced and new technologies to solve the efficiency and flexibility demands of the users, the market is going to face a huge rise in future.
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Key Companies included in the report:
The Key players in the Network slicng market include Ericsson (Sweden), Huawei (China), Nokia (Finland), Intel (US), Cisco (US), ZTE (China), SK Telecom(South Korea), Affirmed Networks (US), NTT DOCOMO (Japan), and Mavenir (US)
The market research report offers a comprehensive analysis of the competitive landscape through a study of company profile overview, product portfolios, manufacturing and production capacity, market share and size, global position, financial standing, technological developments, and production and manufacturing capacity of the prominent players. It also focuses on key M&A activities, joint ventures, collaborations, product launches and brand promotions, government deals and agreements, and partnerships among others undertaken by the top companies operating in the market. The report also covers a SWOT analysis and Porter’s Five Forces analysis of key players to provide deeper insights into the competition scenario.
The report further segments the market into major geographical regions of the world including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The regions and their respective major countries are analyzed with regards to their revenue contribution, production and consumption patterns, import/export, demand and supply ratio, and presence of key companies located in each region.
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Regional analysis covers:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Further, the report segments the Network Slicing market based on types and applications and offer insights into the key factors expected to influence revenue growth of the segment over the forecast period.
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Network Slicing Market Segmentation by Type:
Real time surveillance
Network function Virtualization
Network Slicing Market Segmentation by Application:
Software defined network (SDN)
Cloud radio access network
The report also offers strategic recommendations to the new players entering the market and gives them insights into how to tackle the entry level barriers. It also offers key insights to established players to fortify their presence in the market. The formulation of this report has been done through thorough primary and secondary research to offer a better understanding of the market size, market share, scope, challenges, trends, and growth prospects among the industry. The data has been further validated by industry experts, professionals, and research analysts.
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Thank you for reading our report. For further inquiry, please get in touch with us. Our team will ensure the report is customized to meet your requirements.
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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