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(IT-NEWSWIRE.COM, August 09, 2022 ) The steady growth of the network slicing market is mainly attributed to the rising need for low latency, significant growth in mobile data traffic volume, and the emergence of edge computing technology. Furthermore, the rising adoption rate of IoT technology and growing investment in 5G network are creating new growth opportunities for vendors in the network slicing market. However, the growing security risks associated with network slicing infrastructure and lack of awareness about network slicing solutions pose serious challenges to the adoption of network slicing solutions.
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.
Please download report pages and learn more: https://www.meticulousresearch.com/download-sample-report/cp_id=5167
Scope of the Report:
Network Slicing Market, by Component
Solutions Services Professional Services Consulting Services System Integration Services Network Planning and Optimization Services Managed Services Network Slicing Market, by Application
Remote Monitoring Supply Chain Management Asset Management Real-time Streaming Network Monitoring Multimedia Other Applications Network Slicing Market, by End User
BFSI Manufacturing Healthcare Energy & Utilities Automotive Media & Entertainment Transportation Retail Other End Users Network Slicing Market, by Region
North America U.S. Canada Europe U.K. Germany France Italy Russia Rest of Europe Asia-Pacific China South Korea Japan India Rest of Asia-Pacific Latin America Middle East & Africa
Browse key industry insights https://www.meticulousresearch.com/product/network-slicing-market-5167
North America: A Significantly Growing Regional Market
In 2020, Asia-Pacific commanded the largest share of the network slicing market, followed by North America, Europe, Latin America, and the Middle East & Africa. The market in North America is expected to witness rapid growth during the forecast period, mainly driven by the increasing adoption of technologies, such as cloud computing, network function virtualization, and IoT. Besides, the rapid proliferation of 5G devices, growing subscriber bases, favorable government policies and regulations, and demand for broadband services across North America are expected to boost market growth considerably over the coming years.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategic developments by the leading market participants in the network slicing industry over the last four years. The key players in the network slicing market are ZTE Corporation (China), Cisco Systems, Inc. (U.S.), Ericsson AB (Sweden), Affirmed Networks, Inc. (U.S.), Mavenir Systems, Inc. (U.S.), Huawei Technologies Co., Ltd (China), Nokia Corporation (Finland), Parallel Wireless, Inc. (U.S.), Amdocs, Inc. (U.S.), and Intel Corporation (U.S.).
Please download report pages and learn more: https://www.meticulousresearch.com/download-sample-report/cp_id=5167
Meticulous Research™
Khushal
+91 744-7780008
sales@meticulousresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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