iCrowd Newswire
14 Jan 2022, 07:32 GMT+10
According to the report published by Allied Market Research, the global network slicing market was estimated at $172.56 million in 2019 and is expected to hit $921.02 million by 2027, registering a CAGR of 23.7% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Increase in demand for next generation 5G network to enable better speed and bandwidth capabilities, rise in use cases of network slicing for Industry 4.0, growth in development of smart cities and smart services, surge in demand for network performance due to growth in mobile data-traffic volumes fuel the growth of the global network slicing market. On the basis of end user, the telecom operators segment held the major share in 2019. Based on region, on the other hand, Asia-Pacific would cite the fastest CAGR by 2027.
Download Sample Report (Get Full Insights in PDF – 140 Pages) at https://www.alliedmarketresearch.com/request-sample/8281
Impact of Covid-19 on Network Slicing Market:
• The outbreak of covid-19 has augmented the demand for broadband services, due to the rising trend of mobile networking and remote working in several industries including retail, telecom, IT, and healthcare.
• This drift is pretty likely to persist post-pandemic too, as communications service providers are focusing toward 5G rollouts along with shooting up the investments for network slicing.
The global network slicing market report is analyzed across component, end user, industry vertical, and region. On the basis of component, the solution segment accounted for around two-thirds of the total market share in 2019, and is projected to lead the trail by 2027. At the same time, the services segment would showcase the fastest CAGR of 26.1% from 2020 to 2027.
On the basis of end user, the telecom operators segment contributed to the highest market share in 2019, holding nearly three-fifths of the global network slicing market. Simultaneously, the enterprises segment is expected to portray the highest CAGR of 24.7% from 2020 to 2027.
Based on region, North America held the major share in 2019, generating around two-fifths of the global market. The region across Asia- Pacific, on the other hand, would manifest the fastest CAGR of 27.5% throughout the forecast period. The other provinces discussed in the report include Europe and LAMEA.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/8281
The key market players analyzed in the global network slicing market report include Argela Technologies, ZTE, Cisco Systems Inc., Hewlett Packard Enterprise, Huawei Technologies Co., Ltd., Affirmed Networks Inc., Samsung, Mavenir, Nokia, and Telefonaktiebolaget LM Ericsson.
Similar Reports –
1. Cloud Content Delivery Network (CDN) market
2. Network function virtualization Market
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.
Tags: Network Slicing Market Size, Network Slicing Market Forecast, Network Slicing Market, Network Slicing, Network Slicing Market shares
See Campaign: https://www.alliedmarketresearch.com/network-slicing-market-A07916Contact Information:David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn TwitterTags:Menafn, Reportedtimes, canadatousd, PR-Wirein, Empirits, Healthfirsto, lebc, Dthai, Fexti, Research Newswire, English
Get a daily dose of Houston Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Houston Mirror.
More InformationFRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
WASHINGTON, D.C.: President Donald Trump will meet Israeli Prime Minister Benjamin Netanyahu at the White House on Monday. President...