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The network slicing market was valued at US$XX.XX billion in 2017 and is expected to grow at a CAGR of XX.XX% over the forecast period to reach a total market size of US$XX.XX billion by 2023. The major forces driving the growth of the network slicing market include the increasing demand for broadband services over mobile networks, virtualization of networks, significant growth in the mobile data traffic volumes, and the rising demand for high-speed and large network coverage.
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Network Slicing Market Forecasts From 2019 To 2024
DESCRIPTION The network slicing market was valued at US$XX.XX billion in 2017 and is expected to grow at a CAGR of XX.XX% over the forecast period to reach a total market size of US$XX.XX billion by 2023. Proliferation of smartphones and other mobile devices has been exponentially increasing the mobile data traffic volumes, which is increasing the demand for technologies like network slicing to efficiently manage huge volumes of data. Increasing demand for high quality broadband services over mobile network is increasing the adoption of this technology by various service providers, thus fueling the growth of this market. Furthermore, the market continues to be shaped by increasing virtualization of networks on account of rapid growth of huge investments by companies into Software-Defined Networking, Network Functions Virtualization and Cloud Radio Access Network.
Key Questions Answered By The Report • What will Network Slicing Market from 2019 to 2024? • How are the major drivers and restraints affecting the Network Slicing Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography • Europe • UK • Germany • France • Italy • Others • Middle East and Africa • Saudi Arabia • UAE • Israel • Others
Geography • Asia Pacific • Japan • China • India • Australia • Others
Segments Covered Under Global Storage Market: • By Component • Technology • Software Defined Networking and Network Functions Virtualization • Cloud Radio Access Network • Services • By Application • Remote Monitoring • Supply Chain Management • Asset Management • Real-Time Streaming • Network Monitoring • Multimedia • By End-User Industry • Communication and Technology • Media and Entertainment • BFSI • Manufacturing • Others
COMPANY PROFILES • Cisco Systems • Vodafone • Huawei • Nokia Networks • Ericsson • NTT DOCOMO • ZTE • Intel • Mavenir • Affirmed Networks
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