Dublin, 03 Aug 2021 (GLOBE NEWSWIRE) – The “Network Slicing Market by Component, Application (Remote Monitoring, Supply Chain Management, Real Time Streaming, Network Monitoring), End User (BFSI, manufacturing, health, automotive, Retail, Transportation) and Geography-Global Forecast to 2027 “has been added to ResearchAndMarkets.com offer.
The network slicing market is expected to reach $ 893.1 million by 2027, at a CAGR of 15.2% during the forecast period, 2020 to 2027.
The growth of this market is mainly attributed to factors such as increasing demand for broadband services over mobile networks, increasing need for ultra-low latency communications, significant growth in mobile data traffic volumes and demand. increasing broadband and broadband network coverage. .
The study offers a comprehensive analysis of the network slicing market on the basis of component, application, end-user, and geography. The network slicing market is segmented on the basis of component (solutions, services), application (remote monitoring, supply chain management, asset management, real-time streaming, network monitoring, multimedia and others), end-user (BFSI, manufacturing, healthcare, energy and utilities, automotive, retail, transportation, media and entertainment, and others) and geography. The study also assesses the industry’s competitors and analyzes the market on a national level.
On the basis of components, the solutions segment has become the most important segment in terms of market share in 2020. The significant share of this segment is mainly attributed to the increasing demand for broadband and broadband network coverage, growth increasing mobile data traffic volumes and need ultra-low latency. In addition, benefits such as improved business agility, flexibility, scalability and low latency delivery of real-time applications further increase the growth of this segment.
On an end-user basis, in 2020, the healthcare segment held the largest share of the network slicing market. Growing investments in 5G, the proliferation of wireless medical devices, and the growing adoption of remote healthcare services are factors driving the growth of the healthcare segment. In addition, the increasing use of telemedicine and remote monitoring in the wake of the COVID-19 pandemic has further highlighted the importance of network slicing solutions and services.
In 2020, Asia-Pacific held the largest share of the network slicing market. However, North America is expected to experience rapid growth during the forecast period. The rapid growth of this regional market is mainly due to the increasing adoption of advanced technologies in a wide range of industries to counter rising labor costs in countries such as the United States and Canada. , government support initiatives in the region and investments from the main networks. slicing companies.
The major players operating in the network slicing market are
ZTE Corporation (China)
Cisco Systems Inc. (United States)
Ericsson AB (Sweden)
Affirmed Networks Inc. (United States)
Mavenir Systems Inc. (United States)
Huawei Technologies Co. Ltd (China)
Nokia Corporation (Finland)
Parallel Wireless Inc. (United States)
Amdocs Inc. (United States)
Intel Corporation (United States).
Main topics covered:
2 Research methodology
3 Executive summary
4 market information
4.2. Market dynamics
4.3.1. Emergence of Edge Computing Technology
4.3.2. Need ultra-low latency
4.3.3. Significant growth in mobile data traffic volumes
4.4.1. Security risks associated with network slicing infrastructure
4.5.1. Growing investment in 5G network technology
4.5.2. Growing adoption of IoT technology
4.6.1. Misconceptions and lack of knowledge regarding network slicing solutions
4.6.2. Lack of skilled labor
4.7.1. Integration of Edge Computing in the division of the network
4.8. Impact of the Covid-19 pandemic on the network cutting market
5 Network slicing market, by component
5.3.1. Professional services
220.127.116.11. Consulting services
18.104.22.168. System integration services
22.214.171.124. Network planning and optimization services
5.3.2. Managed Services
6 Network Slicing Market, By Application
6.2. Supply chain management
6.3. Remote monitoring
6.5. Network monitoring
6.6. Real-time broadcast
6.7. Asset Management
6.8. Other applications
7 Network slicing market, by end user
7.2. Health sector
7.3. Manufacturing industry
7.4. Energy and utilities sector
7.5. Automotive industry
7.6. Media and entertainment industry
7.7. Transport sector
7.8. Distribution sector
7.9. BFSI sector
7.10. Other end users
8 Network cutting market, by geography
9 Competitive landscape
9.2. Key growth strategies
9.3. Competitive benchmarking
9.4. Market share analysis, by key player (2020)
10 company profiles (company overview, financial overview, product portfolio, strategic developments)
For more information on this report, visit https://www.researchandmarkets.com/r/bdxxy8
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