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Network Slicing Market To Reach USD 43.24 Billion By 2026 www.reportsanddata.com sales@reportsanddata.com
Market Summary The growth of the market for Network slicing is driven by the growing demand of broadband network over mobile networks and the wide network coverage and high speed. Market Size – USD 14.43 billion in 2018, Market Growth - CAGR of 18.3%, Market Trends – Increasing demand for fast speed and wider network coverage, acceptance of broadband over mobile networks.
Our Approach Market Summary The Network slicing market is forecasted to grow from USD 14.43 billion in 2018 to USD 43.24 billion by 2026, at a CAGR of 18.3% during the forecast period. The driving factor for growth being the Increasing demand for fast speed and wider network coverage, acceptance of broadband over mobile networks. The high growth in mobile data traffic, the increased demand for fast speed and wide network coverage, and the virtualization of networks are some of the factors forecasted to be the major drivers for the growth of the market along with the huge demand for broadband over mobile networks. The network slicing market is forecasted to grow with the rapid increase in the number of Internet of Things (IoT) connected devices and active networks. As the operators have initiated the investments for advanced and new technologies to solve the efficiency and flexibility demands of the users, the market is going to face a huge rise in future. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/1133
Our Approach Market Summary Further key findings from the report suggest The Network slicing market is forecasted to grow from USD 14.43 billion in 2018 to USD 43.24 billion by 2026, at a CAGR of 18.3% during the forecast period. The driving factor for growth being the Increasing demand for fast speed and wider network coverage, acceptance of broadband over mobile networks. The high demand for broadband over mobile networks and growing need of fast speed and wider network coverage are the factors forecasted to drive the market. However, the low penetration of 5G may act as the restraining factor for the growth of the market. Based on implementation, the market is segmented as Real time surveillance and Network function virtualization. Network function virtualization is forecasted to be a faster growing implementation type in this market, because of its reduced power efficiency feature and enhanced physical space. Based on service, the market is segmented as professionals and managed. Network slicing market operates by slicing a physical network into several logical networks. Network slicing supports the real-time services for application by using the same physical network. Along with network slicing, other network resources can efficiently be allocated to logical network slices accordingly to maintain the required quality of service (QoS). To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/network-slicing-market
Our Approach Market Summary Key participants include Ericsson (Sweden), Huawei (China), Nokia (Finland), Intel (US), Cisco (US), ZTE (China), SK Telecom(South Korea), Affirmed Networks (US), NTT DOCOMO (Japan), and Mavenir (US). For the purpose of this report, the market has been segmented on the basis of Implementation, Service, Type and region: Implementation Outlook (Revenue, USD Million; 2018-2026) Real time surveillance Network function Virtualization Service Outlook (Revenue, USD Million; 2018-2026) Professional Managed Type Outlook (Revenue, USD Million; 2018-2026) Software defined network (SDN) Cloud radio access network
Our Approach Market Summary Regional Outlook (Revenue, USD Million; 2018-2026) North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Colombia) Order Now:https://www.reportsanddata.com/checkout-form/1133
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