Network Slicing Market Trends & Forecast: USD 248.71 Million by 2035

The Network Slicing Market report provides comprehensive insights into industry size, growth projections, technological advancements, and competitive landscape shaping the evolution of 5G-enabled network architectures.

Network Slicing Market Overview

The Network Slicing Market was valued at USD 130.9 Million in 2024 and is projected to grow from USD 137.96 Million in 2025 to USD 248.71 Million by 2035, registering a CAGR of 6.07% during the forecast period (2025-2035).

Network slicing enables telecom operators to create multiple virtual networks on a single physical infrastructure, each optimized for specific applications such as IoT, autonomous vehicles, smart cities, industrial automation, and ultra-reliable low-latency communications (URLLC). The expansion of 5G deployments, increasing enterprise demand for customized connectivity, and rapid digital transformation initiatives are key drivers supporting market growth.

Competitive Landscape

Key players operating in the Network Slicing Market include:

• Ericsson (SE)
• Nokia (FI)
• Huawei (CN)
• Cisco Systems (US)
• Samsung Electronics (KR)
• ZTE Corporation (CN)
• Intel Corporation (US)
• AT&T Inc. (US)

• Verizon Communications (US)
These companies are investing heavily in 5G infrastructure, software-defined networking (SDN), network function virtualization (NFV), and cloud-native core technologies to enable scalable and customizable network slicing solutions.

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Key Market Drivers

• Rapid 5G Deployment: Expanding 5G infrastructure globally
• Enterprise Demand for Custom Connectivity: Industry-specific network requirements
• Growth of IoT & Smart Applications: Need for differentiated performance levels
• Edge Computing Expansion: Low-latency connectivity requirements
• Industry 4.0 Initiatives: Reliable and secure industrial networks

Market Opportunities

• Private 5G networks for enterprises
• Ultra-reliable low-latency communications (URLLC) applications
• Smart city infrastructure development
• Autonomous vehicles and connected mobility
• Cloud-native telecom core evolution

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Market Segmentation

By Component

• Solutions
• Services

By Application

• Enhanced Mobile Broadband (eMBB)
• Ultra-Reliable Low-Latency Communication (URLLC)
• Massive Machine-Type Communication (mMTC)

By End-User

• Telecom Operators
• Enterprises
• Government & Public Sector

By Industry Vertical

• Manufacturing
• Healthcare
• Transportation
• Media & Entertainment
• IT & Telecom

By Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Regional Insights

North America leads due to early 5G adoption and enterprise private network deployments.

Europe growth is supported by telecom innovation and industrial automation initiatives.

Asia Pacific shows significant expansion driven by large-scale 5G rollouts and smart city projects.

Middle East & Africa and South America are witnessing gradual adoption aligned with telecom modernization strategies.

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Future Outlook

The Network Slicing Market is expected to experience steady growth through 2035, driven by increasing 5G penetration and enterprise digital transformation. With a CAGR of 6.07%, the market will continue evolving as telecom operators deploy advanced, flexible, and application-specific connectivity solutions to meet diverse performance and security requirements across industries.

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