With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.
The global network slicing market size is projected to grow from USD 161 million in 2020 to USD 1,284 million by 2025, at a Compound Annual Growth Rate (CAGR) of 51.5% during the forecast period. The network slicing market is gaining traction due to the evolution of cellular network technology, which has offered higher data speeds and lower latency. The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video, and the shift of business toward the use of cloud services
Services segment to grow at the highest CAGR during the forecast period
Services play a vital role in the deployment and integration of next-generation networking solutions in an enterprise’s business environment. Services are considered an important component of the network slicing market, as they majorly focus on improving the business processes and optimizing the enterprise’s network. Services are considered as the backbone of network slicing, as they are instrumental in fulfilling the clients’ requirements, such as network testing, planning and optimization, support and maintenance, and consulting
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The Final Report will cover the impact analysis of COVID-19 on this industry: Network Slicing Market Insights by Emerging Trends, Growth Forecast With Revenue Analysis – Global Forecast to 2025
Telecom operators segment to grow at the highest CAGR during the forecast period
Telecom operators across the globe are now rapidly deploying 5G to meet the needs of consumers. Network slicing consents telecom operators to not only support numerous new 5G applications and use case. It also enables the optimum use of their 5G infrastructure to minimize CAPEX. Slicing enables the resources to be allocated to a slice, depending on when and where required, to meet its specific QoS or SLA requirement. When a slice is no longer required or performance issues in a slice have been resolved, the associated resources can then be released to inventory for reuse
Asia Pacific (APAC) region to record the highest growing region in the Network Slicing market
APAC has several growing economies, such as China, India and Japan, which are expected to register high growth in the network slicing market. These countries have always supported and promoted industrial and technological growth. In addition, they possess a developed technological infrastructure, which is promoting the adoption of network slicing solutions across all industry verticals. The network market in APAC is driven by the growing acceptance of cloud-based solutions, emerging technologies such as the IoT, and big data analytics and mobility. APAC is one of the biggest markets for connected devices
Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-106188
The Final Report will cover the impact analysis of COVID-19 on this industry: Network Slicing Market Insights by Emerging Trends, Growth Forecast With Revenue Analysis – Global Forecast to 2025
• By Company Type: Tier 1 – 35%, Tier 2 – 39%, and Tier 3 – 26%
• By Designation: C-level – 55%, Directors – 40%, and Others – 5%
• By Region: North America – 38%, Europe – 40%, APAC – 21%, and Rest of the World (RoW)– 1%
Research coverage
The market study covers the network slicing market across different segments. It aims at estimating the market size and the growth potential of this market across different segments based on components, services, applications, end users, application, and region. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key benefits of buying the report
The report is expected to help the market leaders/new entrants in this market by providing them information on the closest approximations of the revenue numbers for the overall network slicing market and its segments. This report is also expected to help stakeholders understand the competitive landscape and gain insights to improve the position of their businesses and to plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
TABLE OF CONTENT
1 INTRODUCTION 27
1.1 INTRODUCTION TO COVID-19 27
1.2 COVID-19 HEALTH ASSESSMENT 27
FIGURE 1 COVID-19: GLOBAL PROPAGATION 27
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES 28
1.3 COVID-19 ECONOMIC ASSESSMENT 29
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 29
1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT 30
FIGURE 4 CRITERIA IMPACTING GLOBAL ECONOMY 30
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY 31
1.4 OBJECTIVES OF THE STUDY 32
1.5 MARKET DEFINITION 32
1.5.1 INCLUSIONS AND EXCLUSIONS 33
1.6 MARKET SCOPE 33
1.6.1 MARKET SEGMENTATION 33
1.6.2 YEARS CONSIDERED FOR THE STUDY 34
1.7 STAKEHOLDERS 34
1.8 SUMMARY OF CHANGES 35
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