5G Network Slicing Market Trends and Forecast
The future of the 5G network slicing market looks promising with opportunities in the telecom operator, enterprises and other markets. The global 5G network slicing market is expected to grow with a CAGR of 23% to 25% from 2023 to 2028. The major drivers for this market are evolution of cellular network technology, rising volume of data being carried by cellular networks and increasing demand for better speed and good bandwidth connectivity for customers.
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5G Network Slicing Market by Segment
The study includes a forecast for the global 5G network slicing market by component, application, end use industry, and region, as follows:
5G Network Slicing Market by Component [Value ($B) Shipment Analysis from 2017 to 2028]:
5G Network Slicing Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
- Healthcare
- BFSI
- Energy and Utilities
- Retail
- Transportation and Logistics
- Manufacturing
- Media and Entertainment
- Automotive
- Government
- Others
5G Network SlicingMarket by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
- Telecom Operator
- Enterprises
- Others
5G Network Slicing Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of 5G Network Slicing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies 5G network slicing companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the 5G network slicing companies profiled in this report include:.
- Nokia
- Ericsson
- Huawei
- ZTE
- Samsung
5G Network Slicing Market Insights
- Lucintel forecasts that solution will remain the largest segment over the forecast period due to the increasing need for ultra-low latency and growing usage of network virtualization.
- Communication service providers is expected to remain the largest segment due to the increasing demand for better bandwidth connectivity to meet the end user's requirement.
- North America will remain the largest region due to the rapid adoption of innovative technologies, presence of key industry players, and growing proliferation of 5G devices in the region.
Features of the 5G Network Slicing Market
- Market Size Estimates: 5G network slicing market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: 5G network slicing market size by various segments, such as by component, application, end use industry, and region
- Regional Analysis: 5G network slicing market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different by component, application, end use industry, and regions for the 5G network slicing market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the 5G network slicing market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the 5G network slicing market size?
Answer: The global 5G network slicing market is expected to reach an estimated $xx billion by 2028.
Q2. What is the growth forecast for 5G network slicing market?
Answer: The global 5G network slicing market is expected to grow with a CAGR of 23% to 25% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the 5G network slicing market?
Answer: The major drivers for this market are evolution of cellular network technology, rising volume of data being carried by cellular networks and increasing demand for better speed and good bandwidth connectivity for customers.
Q4. What are the major segments for 5G network slicing market?
Answer: The future of the 5G network slicing market looks promising with opportunities in the telecom operator, enterprises and other markets.
Q5. Who are the key 5G network slicing companies?
Answer: Some of the key 5G network slicing companies are as follows:
- Nokia
- Ericsson
- Huawei
- ZTE
- Samsung
Q6. Which 5G network slicing segment will be the largest in future?
Answer:Lucintel forecasts that solution will remain the largest segment over the forecast period due to the increasing need for ultra-low latency and growing usage of network virtualization.
Q7. In 5G network slicing market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the rapid adoption of innovative technologies, presence of key industry players, and growing proliferation of 5G devices in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
- Q.1. What are some of the most promising, high-growth opportunities for the 5G network slicing market by component (solution and service), application (healthcare, BFSI, energy and utilities, retail, transportation and logistics, manufacturing, media and entertainment, automotive, government, and others), end use industry (telecom operator, enterprises, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- Q.2. Which segments will grow at a faster pace and why?
- Q.3. Which region will grow at a faster pace and why?
- Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- Q.5. What are the business risks and competitive threats in this market?
- Q.6. What are the emerging trends in this market and the reasons behind them?
- Q.7. What are some of the changing demands of customers in the market?
- Q.8. What are the new developments in the market? Which companies are leading these developments?
- Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Table of Contents
1. Executive Summary
2. Global 5G Network Slicing Market: Market Dynamics
- 2.1: Introduction, Background, and Classifications
- 2.2: Supply Chain
- 2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2017 to 2028
- 3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
- 3.2: Global 5G Network Slicing Market Trends (2017-2022) and Forecast (2023-2028)
- 3.3: Global 5G Network Slicing Market by Component
- 3.3.1: Solution
- 3.3.2: Service
- 3.4: Global 5G Network Slicing Market by Application
- 3.4.1: Healthcare
- 3.4.2: BFSI
- 3.4.3: Energy and Utilities
- 3.4.4: Retail
- 3.4.5: Transportation and Logistics
- 3.4.6: Manufacturing
- 3.4.7: Media and Entertainment
- 3.4.8: Automotive
- 3.4.9: Government
- 3.4.10: Others
- 3.5: Global 5G Network Slicing Market by End Use Industry
- 3.5.1: Telecom Operator
- 3.5.2: Enterprises
- 3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2017-2028
- 4.1: Global 5G Network Slicing Market by Region
- 4.2: North American 5G Network Slicing Market
- 4.2.1: North American 5G Network Slicing Market by Component: Solution and Service
- 4.2.2: North American 5G Network Slicing Market by End Use Industry: Telecom Operator, Enterprises, and Others
- 4.3: European 5G Network Slicing Market
- 4.3.1: European 5G Network Slicing Market by Component: Solution and Service
- 4.3.2: European 5G Network Slicing Market by End Use Industry: Telecom Operator, Enterprises, and Others
- 4.4: APAC 5G Network Slicing Market
- 4.4.1: APAC 5G Network Slicing Market by Component: Solution and Service
- 4.4.2: APAC 5G Network Slicing Market by End Use Industry: Telecom Operator, Enterprises, and Others
- 4.5: ROW 5G Network Slicing Market
- 4.5.1: ROW 5G Network Slicing Market by Component: Solution and Service
- 4.5.2: ROW 5G Network Slicing Market by End Use Industry: Telecom Operator, Enterprises, and Others
5. Competitor Analysis
- 5.1: Product Portfolio Analysis
- 5.2: Operational Integration
- 5.3: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
- 6.1: Growth Opportunity Analysis
- 6.1.1: Growth Opportunities for the Global 5G Network Slicing Market by Component
- 6.1.2: Growth Opportunities for the Global 5G Network Slicing Market by Application
- 6.1.3: Growth Opportunities for the Global 5G Network Slicing Market by End Use Industry
- 6.1.4: Growth Opportunities for the Global 5G Network Slicing Market by Region
- 6.2: Emerging Trends in the Global 5G Network Slicing Market
- 6.3: Strategic Analysis
- 6.3.1: New Product Development
- 6.3.2: Capacity Expansion of the Global 5G Network Slicing Market
- 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global 5G Network Slicing Market
- 6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
- 7.1: Nokia
- 7.2: Ericsson
- 7.3: Huawei
- 7.4: ZTE
7:5: Samsung