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 among the key companies in the market- Technavio

NEW YORK, Oct. 31, 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. 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- Download a sample report

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.

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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.

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Some of the key Network Slicing Market Players:

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.

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.

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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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Table of Contents:

1 Executive Summary

1.1 Market overviewExhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by ComponentExhibit 06: Executive Summary – Chart on Market Segmentation by End-userExhibit 07: Executive Summary – Chart on Incremental GrowthExhibit 08: Executive Summary – Data Table on Incremental GrowthExhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystemExhibit 10: Parent marketExhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definitionExhibit 12: Offerings of vendors included in the market definition3.2 Market segment analysis Exhibit 13: Market segments3.3 Market size 20223.4 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 summaryExhibit 23: Five forces analysis – Comparison between 2022 and 20275.2 Bargaining power of buyers Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 20275.3 Bargaining power of suppliers Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 20275.4 Threat of new entrants Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 20275.5 Threat of substitutes Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 20275.6 Threat of rivalryExhibit 28: Threat of rivalry – Impact of key factors in 2022 and 20275.7 Market conditionExhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Component

6.1 Market segmentsExhibit 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 ComponentExhibit 33: Data Table on Comparison by Component6.3 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 segmentsExhibit 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-userExhibit 46: Data Table on Comparison by End-user7.3 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 comparisonExhibit 60: Data Table on Geographic comparison9.3 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 drivers10.2 Market challenges10.3 Impact of drivers and challenges Exhibit 102: Impact of drivers and challenges in 2022 and 202710.4 Market trends

11 Vendor Landscape

11.1 Overview11.2 Vendor landscapeExhibit 103: Overview on Criticality of inputs and Factors of differentiation11.3 Landscape disruptionExhibit 104: Overview on factors of disruption11.4 Industry risksExhibit 105: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors coveredExhibit 106: Vendors covered12.2 Market positioning of vendors Exhibit 107: Matrix on vendor position and classification12.3 Amdocs LtdExhibit 108: Amdocs Ltd – OverviewExhibit 109: Amdocs Ltd – Product / ServiceExhibit 110: Amdocs Ltd – Key offerings12.4 Cisco Systems Inc.Exhibit 111: Cisco Systems Inc. – OverviewExhibit 112: Cisco Systems Inc. – Business segmentsExhibit 113: Cisco Systems Inc. – Key newsExhibit 114: Cisco Systems Inc. – Key offeringsExhibit 115: Cisco Systems Inc. – Segment focus12.5 Deutsche Telekom AGExhibit 116: Deutsche Telekom AG – OverviewExhibit 117: Deutsche Telekom AG – Business segmentsExhibit 118: Deutsche Telekom AG – Key offeringsExhibit 119: Deutsche Telekom AG – Segment focus12.6 GSM AssociationExhibit 120: GSM Association – OverviewExhibit 121: GSM Association – Product / ServiceExhibit 122: GSM Association – Key offerings12.7 Huawei Technologies Co. Ltd. Exhibit 123: Huawei Technologies Co. Ltd. – OverviewExhibit 124: Huawei Technologies Co. Ltd. – Business segmentsExhibit 125: Huawei Technologies Co. Ltd. – Key newsExhibit 126: Huawei Technologies Co. Ltd. – Key offeringsExhibit 127: Huawei Technologies Co. Ltd. – Segment focus12.8 Informa PlcExhibit 128: Informa Plc – OverviewExhibit 129: Informa Plc – Product / ServiceExhibit 130: Informa Plc – Key offerings12.9 Mavenir Systems Inc.Exhibit 131: Mavenir Systems Inc. – OverviewExhibit 132: Mavenir Systems Inc. – Product / ServiceExhibit 133: Mavenir Systems Inc. – Key offerings12.10 Microsoft Corp.Exhibit 134: Microsoft Corp. – OverviewExhibit 135: Microsoft Corp. – Business segmentsExhibit 136: Microsoft Corp. – Key newsExhibit 137: Microsoft Corp. – Key offeringsExhibit 138: Microsoft Corp. – Segment focus12.11 Nippon Telegraph and Telephone Corp. Exhibit 139: Nippon Telegraph and Telephone Corp. – OverviewExhibit 140: Nippon Telegraph and Telephone Corp. – Business segmentsExhibit 141: Nippon Telegraph and Telephone Corp. – Key offeringsExhibit 142: Nippon Telegraph and Telephone Corp. – Segment focus12.12 Nokia Corp.Exhibit 143: Nokia Corp. – OverviewExhibit 144: Nokia Corp. – Business segmentsExhibit 145: Nokia Corp. – Key offeringsExhibit 146: Nokia Corp. – Segment focus12.13 Parallel Wireless Inc. Exhibit 147: Parallel Wireless Inc. – OverviewExhibit 148: Parallel Wireless Inc. – Product / ServiceExhibit 149: Parallel Wireless Inc. – Key offerings12.14 Tambora Singapore Systems Pte. Ltd. Exhibit 150: Tambora Singapore Systems Pte. Ltd. – OverviewExhibit 151: Tambora Singapore Systems Pte. Ltd. – Product / ServiceExhibit 152: Tambora Singapore Systems Pte. Ltd. – Key offerings12.15 Telefonaktiebolaget LM Ericsson Exhibit 153: Telefonaktiebolaget LM Ericsson – OverviewExhibit 154: Telefonaktiebolaget LM Ericsson – Business segmentsExhibit 155: Telefonaktiebolaget LM Ericsson – Key newsExhibit 156: Telefonaktiebolaget LM Ericsson – Key offeringsExhibit 157: Telefonaktiebolaget LM Ericsson – Segment focus12.16 Turk Telekomunikasyon AS Exhibit 158: Turk Telekomunikasyon AS – OverviewExhibit 159: Turk Telekomunikasyon AS – Business segmentsExhibit 160: Turk Telekomunikasyon AS – Key offeringsExhibit 161: Turk Telekomunikasyon AS – Segment focus12.17 Vodafone Group PlcExhibit 162: Vodafone Group Plc – OverviewExhibit 163: Vodafone Group Plc – Business segmentsExhibit 164: Vodafone Group Plc – Key offeringsExhibit 165: Vodafone Group Plc – Segment focus

13 Appendix

13.1 Scope of the report13.2 Inclusions and exclusions checklist Exhibit 166: Inclusions checklistExhibit 167: Exclusions checklist13.3 Currency conversion rates for USUSD Exhibit 168: Currency conversion rates for USUSD13.4 Research methodologyExhibit 169: Research methodologyExhibit 170: Validation techniques employed for market sizingExhibit 171: Information sources13.5 List of abbreviations Exhibit 172: List of abbreviations

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