Global Network Slicing Market

Network Slicing Market Size, Share, Growth Analysis, By Component, By End User, By Application, By Region - Industry Forecast 2025-2032


Report ID: SQMIG50A2026 | Region: Global | Published Date: December, 2024
Pages: 189 | Tables: 92 | Figures: 71

Network Slicing Market Dynamics

Network Slicing Market Drivers

Growing Need for 5G Internet Access

  • One of the most significant drivers for network slicing is the fast rise of adoption of 5G technologies across industry verticals. Network slicing will allow the operators to prepare special, efficient sections of networks that correspond to the specific needs because 5G will bring more speed and lower latency together with greater capacity. Low-latency connectivity is highly demanded in sectors such as driverless cars, smart cities, and industrial Internet of things applications.

Resource Optimization and Cost Effectiveness

  • In network slicing, it is possible for the use of network resources to be made more efficient through the increased flexibility of distribution of infrastructure and bandwidth by service providers. The construction of the network can be divided into slices to minimize construction costs, reduce overheads, and at the same time, boost performance. That flexibility may enable service providers to meet growing needs of a wide range of customers without undertaking significant improvements in infrastructure.

Network Slicing Market Restraints

Implementation and Management Complexity

  • Network slicing requires much technical expertise and infrastructure to implement and maintain. The complexity of planning, implementing and keeping multiple slices with different requirements would cost higher operating expenses. It may become difficult for smaller operators or companies with limited resources to obtain the advanced software platforms, orchestration tools, and deep knowledge of hardware and software integration that service providers require.

Privacy and Security Issues

  • While network slicing will be highly flexible, it throws its share of security and privacy risks. In this setup, several users share the same physical infrastructure, making it a must to maintain isolated slices very carefully to avoid breaches or unwanted access. As breaches in one slice may jeopardize the integrity of the whole network, a high level of security standards must be enforced on every slice. This can prove a problem for operators.
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FAQs

Global Network Slicing Market size was valued at USD 0.4 billion in 2022 and is poised to grow from USD 0.73 billion in 2023 to USD 19.9 billion by 2031, growing at a CAGR of 51.2% including the forecast period (2024-2031).

The market is highly fragmented and can be witnessed to witness increased rivalry over the next coming years, due to the high presence of several firms. To outperform its competitors and obtain a greater network size, businesses are also collaborating with telecom providers, advertising, and local and regional companies as well. Network slicing market players are taking on multiple strategic moves and innovations toward achieving a significant revenue share. 'Nokia (Finland) ', 'Ericsson (Sweden) ', 'Huawei (China) ', 'ZTE (China) ', 'Samsung (South Korea) ', 'Blue Planet (United States) ', 'Parallel Wireless (United States) ', 'Affirmed Networks (United States) ', 'Mavenir (United States) ', 'Argela (Turkey) ', 'Cisco (United States) ', 'HPE (United States) ', 'Tambora Systems (Singapore) ', 'AMDOCS (United States) ', 'Aria Networks (United Kingdom) ', 'Intel (United States) ', 'Qualcomm (United States) ', 'Broadcom (United States) ', 'Juniper Networks (United States) ', 'VMware (United States)'

One of the most significant drivers for network slicing is the fast rise of adoption of 5G technologies across industry verticals. Network slicing will allow the operators to prepare special, efficient sections of networks that correspond to the specific needs because 5G will bring more speed and lower latency together with greater capacity. Low-latency connectivity is highly demanded in sectors such as driverless cars, smart cities, and industrial Internet of things applications.

Automation and AI in Network Slicing: One of the major network slicing market trends includes dependency of network slicing on ML and AI. They can enable automatic slicing, optimization and real-time monitoring of slices along the network so that the resource usage from a service provider can be made dynamic. With AI-based solutions where patterns of traffic can be predicted, bandwidth usage optimized and potential faults detected, human intervention can be minimized, and networks can respond more swiftly and effectively.

North America led the network slicing industry in 2022. This is due to the fact that the region has been witnessing an increasing number of internet users, expanding availability of internet services, and growing smartphone penetration. The regional sector is catalyzed by the major firms, including Cisco System Inc., Mavenir Systems, Inc., and Intel Corporation, among others, which has increased the growth of the market. Expansion is thus spurred by many companies in this sector developing innovative solutions for providing end-to-end efficient network service management and usage. Consequently, the market is expanding because of factors such as encouraging the public rollout of 5G by various businesses, increasing investment, and encouraging early adoption of advanced technologies because of high levels of digital end-user engagement.

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Global Network Slicing Market

Report ID: SQMIG50A2026

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