The global network slicing market is anticipated to exhibit significant CAGR of 25.4% during the forecast period (2021-2027). The rising focus of key vendors towards the development of 5G network slicing to unclock the immense potential of network slicing technology in bringing high quality of digital communication is a key factor driving the growth of the global network slicing market. In July 2021, Bharti Airtel, and Intel Corp. had collaborated to develop 5G network by leveraging virtualized radio access network (vRAN) and open radio access network (O-RAN) technologies. With this collaboration Bharti Airtel has taken its step towards 5G roadmap for India to transforms its networks to allow its customers to reap the full possibilities of the hyperconnected world.
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Airtel announced to deploy Intel’s latest 3rd gen Xeon Scalable processors, FPGAs and eASICs, and Ethernet 800 series across its network to build a solid foundation for rolling out wide-scale 5G, mobile edge computing and network slicing. Furthermore, in June 2021, Deutsche Telekom, Ericsson and Samsung Electronics have implemented multi-vendor 5G end-to-end (E2E) Network Slicing with a commercial 5G device. The successful trial, conducted on Ericsson 5G Standalone (SA) infrastructure and Samsung Galaxy S21 5G devices has opened the way for slice access on 5G devices. Such type of development in the field of 5G network slicing is accelerating the growth of the global network slicing market.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Network Slicing Market Report Segment
By Component
- Solution
- Services
By End-User Industry
- Healthcare
- Automotive
- Power & Energy
- Aviation
- Media & Entertainment
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
