Global network slicing market report profiled top 10 companies, forecast, and analysis supported by 63 tables & 54 figures. Network slicing market report provides detailed information on the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market.
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Top 10 companies profiled in Network Slicing Market by Technology (SDN & NFV, and C-RAN), Service (Network Testing, Orchestration, Planning & Optimization), Application Area (Remote Monitoring, Real-Time Streaming, & Network Monitoring), and Region - Global Forecast to 2022
- Cisco Systems
- Nokia Networks
- SK Telecom
- NTT DOCOMO
- Affirmed Networks
The network slicing Software-Defined Networking (SDN) and Network Functions Virtualization (NFV) technology is expected to hold the largest market size during the forecast period, as SDN and NFV is the key virtualization technology that helps build software, virtualized, and cloudified next-generation systems. SDN, NFV, and network virtualization collaboratively aim to advance the software-based approach to networking for more scalable, agile, and innovative networks for aligning and supporting the overall networking requirements of the business.
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North America is estimated to have the largest market share in 2017. The factors that are popularizing this growth include as the increasing adoption of smart connected devices, Industrial Internet of Everything (IIoE), and agile networks.
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North America has always topped the list in adopting new technologies in the world, and as a result, it has the largest number of 5G vendors providing network slicing technologies. Moreover, the increased budgets and grants have invited various big players to make significant investments in this region.
In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.
The break-up of the profiles of the primary participants is as follows:
- By Company: Tier 1 – 50 %, Tier 2 – 30%, and Tier 3 – 20%
- By Designation: C-Level – 70%, Director Level – 18%, and Others – 12%
- By Region: North America – 71%, Europe – 13%, and Asia Pacific (APAC) – 16%
The report includes an in-depth competitive analysis of the key players in the network slicing market, along with their company profiles, recent developments, and key market strategies. The report segments the network slicing market into components (technologies and services), application areas, and region.
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