Network Slicing Market size to grow by USD 821.83 million from 2022 to 2027, Aarna Networks Inc., Amdocs Ltd, Cisco Systems Inc., Deutsche Telekom AG and more are among the major companies in the market- Technavio

NEW YORK, Oct. 23, 2023 /PRNewswire/ — Network Slicing Market Facts at a Glance:

  • Companies: Aarna Networks Inc., Amdocs Ltd, Cisco Systems Inc., Deutsche Telekom AG, GSM Association, HCL Technologies Ltd., Huawei Technologies Co. Ltd., Informa Plc, International Business Machines Corp., Mavenir Systems Inc., Microsoft Corp., Nippon Telegraph and Telephone Corp., Nokia Corp., Parallel Wireless Inc., Tambora Singapore Systems Pte. Ltd., Telefonaktiebolaget LM Ericsson, Turk Telekomunikasyon AS, Viavi Solutions Inc., Vodafone Group Plc, and ZTE Corp.
  • Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis 
  • Segments: Component (solution and services) and end-user (communication service providers and enterprises). 
  • Geographies: North America, Europe, APAC, South America, and Middle East and Africa. 

The network slicing market size is expected to grow by USD 821.83 million from 2022 to 2027. The market is expected to progress at a CAGR of 28.28%, as per the latest Technavio market research report. The network slicing market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Aarna Networks Inc., Amdocs Ltd, Cisco Systems Inc., Deutsche Telekom AG, GSM Association, HCL Technologies Ltd., Huawei Technologies Co. Ltd., Informa Plc, International Business Machines Corp., Mavenir Systems Inc., Microsoft Corp., Nippon Telegraph and Telephone Corp., Nokia Corp., Parallel Wireless Inc., Tambora Singapore Systems Pte. Ltd., Telefonaktiebolaget LM Ericsson, Turk Telekomunikasyon AS, Viavi Solutions Inc., Vodafone Group Plc, and ZTE Corp. Download a sample report

Network Slicing Market: Geographical Analysis

North America is estimated to account for 36% of the market’s overall growth. The adoption of Internet of Things (IoT) technology is estimated to increase in industrial applications in North America, especially in developed economies such as the US and Canada. In the US, a major market in the region, the telecom sector is expected to witness substantial growth during the forecast period. Hence, the increasing adoption of wireless technologies in the US is one of the major factors driving the growth of the network slicing market in the region. For more key insights on the market share of various regions and much more- 

Network Slicing Market: Development of smart infrastructures to drive growth

  • The development of smart infrastructure is one of the key factors driving the growth of the global network slicing market. 
  • Smart cities have become more popular in recent years, with the development of next-generation wireless technologies such as Li-Fi, 5G, LoRa, and network slicing, as well as the emergence of the Internet of Things (IoT).
  • Furthermore, 3G and 4G were introduced before the true emergence of IoT and smart devices. They lag significantly in terms of the technologies required to support such a complex network.
  • Thus, network operators need to upgrade their infrastructure to accommodate the devices that will account for USD 1.7 trillion in consumer spending by 2020.
  • Hence, such factors drive the market growth of network slicing during the forecast period.

What’s New? 

  • Special coverage on the RussiaUkraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
  • Global competitiveness and key competitor positions
  • Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial - buy the report! 

Network Slicing Market: Strategic Collaboration Among Market Participants 

  • Strategic collaboration among market participants is an emerging trend in the global network slicing market. 
  • Market participants from different industries, such as information technology solutions, telecommunication network infrastructure, utilities, and semiconductor integrated circuits (IC), are significantly investing in 5G technology.
  • 5G technology can provide network transmission speeds of very high magnitudes compared with 4G networks. 
  • The integration of HMI technologies across end-user industries such as automotive, aerospace and defense, consumer electronics, healthcare, and utility is driving the demand for networks that can support high-bandwidth applications with low latency.
  • Hence, the development of 5G network infrastructure will accelerate the demand for network slicing during the forecast period.

To know about more key market drivers, trends, and challenges – Download a sample now!

Network Slicing Market: Segmentation Analysis

This report extensively covers market segmentation by component (solution and services), end-user (communication service providers and enterprises), and geography (North America, Europe, APAC, South America, and Middle East and Africa). 

  • The market share growth by the solution segment will be significant for market growth during the forecast period. Access threats are reduced by using a network slicing system with software and people who manage or configure IT infrastructure using network slicing solution tools. Systems for network slicing can be implemented as hardware appliances, on-premises software, or software as a service (SaaS). Network slicing also enables operators to reach out to new customers by providing customized solutions for various industry verticals, which allows for a large volume of customized use cases to generate entirely new revenue streams. Such factors will drive the segment growth during the forecast period.

For additional information on the market contribution of each segment – Grab an Exclusive Sample Report

Related Reports:

The zero trust network access market size is expected to increase by USD 1.41 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 24.8%. Furthermore, this report extensively covers zero trust network access market segmentations by deployment (on-premises and cloud) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The growing frequency of target-based cyber-attacks is one of the major drivers impacting the zero-trust network access market growth.

The network as a service market size is estimated to grow at a CAGR of 19.9% between 2022 and 2027. The market size is forecasted to increase by USD 19,994.1 million. This network as a service market report extensively covers market segmentation by end-user (IT and telecom, BFSI, manufacturing, healthcare, and retail and others), type (WAN as a service and LAN as a service), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The increasing use of cloud services by enterprises is notably driving market growth.

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Network Slicing Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 28.28%

Market growth 2023-2027

USD 821.83 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

26.89

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 36%

Key countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Aarna Networks Inc., Amdocs Ltd, Cisco Systems Inc., Deutsche Telekom AG, GSM Association, HCL Technologies Ltd., Huawei Technologies Co. Ltd., Informa Plc, International Business Machines Corp., Mavenir Systems Inc., Microsoft Corp., Nippon Telegraph and Telephone Corp., Nokia Corp., Parallel Wireless Inc., Tambora Singapore Systems Pte. Ltd., Telefonaktiebolaget LM Ericsson, Turk Telekomunikasyon AS, Viavi Solutions Inc., Vodafone Group Plc, and ZTE Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global – Market size and forecast 2022-2027 (USD million)
    • Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 (USD million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global network slicing market 2017 – 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global network slicing market 2017 – 2021 (USD million)
  • 4.2 Component Segment Analysis 2017 – 2021 
    • Exhibit 19: Historic Market Size – Component Segment 2017 – 2021 (USD million)
  • 4.3 End-user Segment Analysis 2017 – 2021 
    • Exhibit 20: Historic Market Size – End-user Segment 2017 – 2021 (USD million)
  • 4.4 Geography Segment Analysis 2017 – 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 (USD million)
  • 4.5 Country Segment Analysis 2017 – 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 (USD million)

5 Five Forces Analysis

  • 5.1 Five forces summary
    • Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition
    • Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Component

  • 6.1 Market segments
    • Exhibit 30: Chart on Component – Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Component – Market share 2022-2027 (%)
  • 6.2 Comparison by Component 
    • Exhibit 32: Chart on Comparison by Component
    • Exhibit 33: Data Table on Comparison by Component
  • 6.3 Solution – Market size and forecast 2022-2027 
    • Exhibit 34: Chart on Solution – Market size and forecast 2022-2027 (USD million)
    • Exhibit 35: Data Table on Solution – Market size and forecast 2022-2027 (USD million)
    • Exhibit 36: Chart on Solution – Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Solution – Year-over-year growth 2022-2027 (%)
  • 6.4 Services – Market size and forecast 2022-2027 
    • Exhibit 38: Chart on Services – Market size and forecast 2022-2027 (USD million)
    • Exhibit 39: Data Table on Services – Market size and forecast 2022-2027 (USD million)
    • Exhibit 40: Chart on Services – Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Services – Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by Component 
    • Exhibit 42: Market opportunity by Component (USD million)

7 Market Segmentation by End-user

  • 7.1 Market segments
    • Exhibit 43: Chart on End-user – Market share 2022-2027 (%)
    • Exhibit 44: Data Table on End-user – Market share 2022-2027 (%)
  • 7.2 Comparison by End-user 
    • Exhibit 45: Chart on Comparison by End-user
    • Exhibit 46: Data Table on Comparison by End-user
  • 7.3 Communication service providers – Market size and forecast 2022-2027 
    • Exhibit 47: Chart on Communication service providers – Market size and forecast 2022-2027 (USD million)
    • Exhibit 48: Data Table on Communication service providers – Market size and forecast 2022-2027 (USD million)
    • Exhibit 49: Chart on Communication service providers – Year-over-year growth 2022-2027 (%)
    • Exhibit 50: Data Table on Communication service providers – Year-over-year growth 2022-2027 (%)
  • 7.4 Enterprises – Market size and forecast 2022-2027 
    • Exhibit 51: Chart on Enterprises – Market size and forecast 2022-2027 (USD million)
    • Exhibit 52: Data Table on Enterprises – Market size and forecast 2022-2027 (USD million)
    • Exhibit 53: Chart on Enterprises – Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Enterprises – Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by End-user 
    • Exhibit 55: Market opportunity by End-user (USD million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 59: Chart on Geographic comparison
    • Exhibit 60: Data Table on Geographic comparison
  • 9.3 North America – Market size and forecast 2022-2027 
    • Exhibit 61: Chart on North America – Market size and forecast 2022-2027 (USD million)
    • Exhibit 62: Data Table on North America – Market size and forecast 2022-2027 (USD million)
    • Exhibit 63: Chart on North America – Year-over-year growth 2022-2027 (%)
    • Exhibit 64: Data Table on North America – Year-over-year growth 2022-2027 (%)
  • 9.4 Europe – Market size and forecast 2022-2027 
    • Exhibit 65: Chart on Europe – Market size and forecast 2022-2027 (USD million)
    • Exhibit 66: Data Table on Europe – Market size and forecast 2022-2027 (USD million)
    • Exhibit 67: Chart on Europe – Year-over-year growth 2022-2027 (%)
    • Exhibit 68: Data Table on Europe – Year-over-year growth 2022-2027 (%)
  • 9.5 APAC – Market size and forecast 2022-2027 
    • Exhibit 69: Chart on APAC – Market size and forecast 2022-2027 (USD million)
    • Exhibit 70: Data Table on APAC – Market size and forecast 2022-2027 (USD million)
    • Exhibit 71: Chart on APAC – Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on APAC – Year-over-year growth 2022-2027 (%)
  • 9.6 South America – Market size and forecast 2022-2027 
    • Exhibit 73: Chart on South America – Market size and forecast 2022-2027 (USD million)
    • Exhibit 74: Data Table on South America – Market size and forecast 2022-2027 (USD million)
    • Exhibit 75: Chart on South America – Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on South America – Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa – Market size and forecast 2022-2027 
    • Exhibit 77: Chart on Middle East and Africa – Market size and forecast 2022-2027 (USD million)
    • Exhibit 78: Data Table on Middle East and Africa – Market size and forecast 2022-2027 (USD million)
    • Exhibit 79: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
  • 9.8 US – Market size and forecast 2022-2027 
    • Exhibit 81: Chart on US – Market size and forecast 2022-2027 (USD million)
    • Exhibit 82: Data Table on US – Market size and forecast 2022-2027 (USD million)
    • Exhibit 83: Chart on US – Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on US – Year-over-year growth 2022-2027 (%)
  • 9.9 UK – Market size and forecast 2022-2027 
    • Exhibit 85: Chart on UK – Market size and forecast 2022-2027 (USD million)
    • Exhibit 86: Data Table on UK – Market size and forecast 2022-2027 (USD million)
    • Exhibit 87: Chart on UK – Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on UK – Year-over-year growth 2022-2027 (%)
  • 9.10 Germany – Market size and forecast 2022-2027 
    • Exhibit 89: Chart on Germany – Market size and forecast 2022-2027 (USD million)
    • Exhibit 90: Data Table on Germany – Market size and forecast 2022-2027 (USD million)
    • Exhibit 91: Chart on Germany – Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on Germany – Year-over-year growth 2022-2027 (%)
  • 9.11 China – Market size and forecast 2022-2027 
    • Exhibit 93: Chart on China – Market size and forecast 2022-2027 (USD million)
    • Exhibit 94: Data Table on China – Market size and forecast 2022-2027 (USD million)
    • Exhibit 95: Chart on China – Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on China – Year-over-year growth 2022-2027 (%)
  • 9.12 Canada – Market size and forecast 2022-2027 
    • Exhibit 97: Chart on Canada – Market size and forecast 2022-2027 (USD million)
    • Exhibit 98: Data Table on Canada – Market size and forecast 2022-2027 (USD million)
    • Exhibit 99: Chart on Canada – Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on Canada – Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 101: Market opportunity by geography (USD million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
    • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption
    • Exhibit 104: Overview on factors of disruption
  • 11.4 Industry risks
    • Exhibit 105: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered
    • Exhibit 106: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 107: Matrix on vendor position and classification
  • 12.3 Amdocs Ltd
    • Exhibit 108: Amdocs Ltd – Overview
    • Exhibit 109: Amdocs Ltd – Product / Service
    • Exhibit 110: Amdocs Ltd – Key offerings
  • 12.4 Cisco Systems Inc.
    • Exhibit 111: Cisco Systems Inc. – Overview
    • Exhibit 112: Cisco Systems Inc. – Business segments
    • Exhibit 113: Cisco Systems Inc. – Key news
    • Exhibit 114: Cisco Systems Inc. – Key offerings
    • Exhibit 115: Cisco Systems Inc. – Segment focus
  • 12.5 Deutsche Telekom AG
    • Exhibit 116: Deutsche Telekom AG – Overview
    • Exhibit 117: Deutsche Telekom AG – Business segments
    • Exhibit 118: Deutsche Telekom AG – Key offerings
    • Exhibit 119: Deutsche Telekom AG – Segment focus
  • 12.6 GSM Association
    • Exhibit 120: GSM Association – Overview
    • Exhibit 121: GSM Association – Product / Service
    • Exhibit 122: GSM Association – Key offerings
  • 12.7 Huawei Technologies Co. Ltd. 
    • Exhibit 123: Huawei Technologies Co. Ltd. – Overview
    • Exhibit 124: Huawei Technologies Co. Ltd. – Business segments
    • Exhibit 125: Huawei Technologies Co. Ltd. – Key news
    • Exhibit 126: Huawei Technologies Co. Ltd. – Key offerings
    • Exhibit 127: Huawei Technologies Co. Ltd. – Segment focus
  • 12.8 Informa Plc
    • Exhibit 128: Informa Plc – Overview
    • Exhibit 129: Informa Plc – Product / Service
    • Exhibit 130: Informa Plc – Key offerings
  • 12.9 Mavenir Systems Inc.
    • Exhibit 131: Mavenir Systems Inc. – Overview
    • Exhibit 132: Mavenir Systems Inc. – Product / Service
    • Exhibit 133: Mavenir Systems Inc. – Key offerings
  • 12.10 Microsoft Corp.
    • Exhibit 134: Microsoft Corp. – Overview
    • Exhibit 135: Microsoft Corp. – Business segments
    • Exhibit 136: Microsoft Corp. – Key news
    • Exhibit 137: Microsoft Corp. – Key offerings
    • Exhibit 138: Microsoft Corp. – Segment focus
  • 12.11 Nippon Telegraph and Telephone Corp. 
    • Exhibit 139: Nippon Telegraph and Telephone Corp. – Overview
    • Exhibit 140: Nippon Telegraph and Telephone Corp. – Business segments
    • Exhibit 141: Nippon Telegraph and Telephone Corp. – Key offerings
    • Exhibit 142: Nippon Telegraph and Telephone Corp. – Segment focus
  • 12.12 Nokia Corp.
    • Exhibit 143: Nokia Corp. – Overview
    • Exhibit 144: Nokia Corp. – Business segments
    • Exhibit 145: Nokia Corp. – Key offerings
    • Exhibit 146: Nokia Corp. – Segment focus
  • 12.13 Parallel Wireless Inc. 
    • Exhibit 147: Parallel Wireless Inc. – Overview
    • Exhibit 148: Parallel Wireless Inc. – Product / Service
    • Exhibit 149: Parallel Wireless Inc. – Key offerings
  • 12.14 Tambora Singapore Systems Pte. Ltd. 
    • Exhibit 150: Tambora Singapore Systems Pte. Ltd. – Overview
    • Exhibit 151: Tambora Singapore Systems Pte. Ltd. – Product / Service
    • Exhibit 152: Tambora Singapore Systems Pte. Ltd. – Key offerings
  • 12.15 Telefonaktiebolaget LM Ericsson 
    • Exhibit 153: Telefonaktiebolaget LM Ericsson – Overview
    • Exhibit 154: Telefonaktiebolaget LM Ericsson – Business segments
    • Exhibit 155: Telefonaktiebolaget LM Ericsson – Key news
    • Exhibit 156: Telefonaktiebolaget LM Ericsson – Key offerings
    • Exhibit 157: Telefonaktiebolaget LM Ericsson – Segment focus
  • 12.16 Turk Telekomunikasyon AS 
    • Exhibit 158: Turk Telekomunikasyon AS – Overview
    • Exhibit 159: Turk Telekomunikasyon AS – Business segments
    • Exhibit 160: Turk Telekomunikasyon AS – Key offerings
    • Exhibit 161: Turk Telekomunikasyon AS – Segment focus
  • 12.17 Vodafone Group Plc
    • Exhibit 162: Vodafone Group Plc – Overview
    • Exhibit 163: Vodafone Group Plc – Business segments
    • Exhibit 164: Vodafone Group Plc – Key offerings
    • Exhibit 165: Vodafone Group Plc – Segment focus

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 166: Inclusions checklist
    • Exhibit 167: Exclusions checklist
  • 13.3 Currency conversion rates for USUSD 
    • Exhibit 168: Currency conversion rates for USUSD
  • 13.4 Research methodology
    • Exhibit 169: Research methodology
    • Exhibit 170: Validation techniques employed for market sizing
    • Exhibit 171: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 172: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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