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

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Oct 31, 2023, 03:15 ET

NEW YORK, Oct. 31, 2023 /PRNewswire/ -- Network Slicing Market Facts at a Glance:

Technavio has announced its latest market research report titled Global Network Slicing Market 2023-2027

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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Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
Global competitiveness and key competitor positions 
Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - buy the report!

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.

To know about more key market drivers, trends, and challenges - Download a sample now!

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.

For additional information on the market contribution of each segment - Grab an Exclusive Sample Report

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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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Network Slicing Market Scope
Report Coverage	Details
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 28.28%
Market growth 2023-2027	USD 821.83 million
Market structure	Fragmented
YoY growth 2022-2023 (%)	26.89
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 36%
Key countries	US, Canada, China, UK, and Germany
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	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.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2022

3.4 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 summary

Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Component

6.1 Market segments

Exhibit 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 Component
Exhibit 33: Data Table on Comparison by Component

6.3 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 segments

Exhibit 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-user
Exhibit 46: Data Table on Comparison by End-user

7.3 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 comparison
Exhibit 60: Data Table on Geographic comparison

9.3 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 drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

Exhibit 102: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 104: Overview on factors of disruption

11.4 Industry risks

Exhibit 105: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 106: Vendors covered

12.2 Market positioning of vendors

Exhibit 107: Matrix on vendor position and classification

12.3 Amdocs Ltd

Exhibit 108: Amdocs Ltd - Overview
Exhibit 109: Amdocs Ltd - Product / Service
Exhibit 110: Amdocs Ltd - Key offerings

12.4 Cisco Systems Inc.

Exhibit 111: Cisco Systems Inc. - Overview
Exhibit 112: Cisco Systems Inc. - Business segments
Exhibit 113: Cisco Systems Inc. - Key news
Exhibit 114: Cisco Systems Inc. - Key offerings
Exhibit 115: Cisco Systems Inc. - Segment focus

12.5 Deutsche Telekom AG

Exhibit 116: Deutsche Telekom AG - Overview
Exhibit 117: Deutsche Telekom AG - Business segments
Exhibit 118: Deutsche Telekom AG - Key offerings
Exhibit 119: Deutsche Telekom AG - Segment focus

12.6 GSM Association

Exhibit 120: GSM Association - Overview
Exhibit 121: GSM Association - Product / Service
Exhibit 122: GSM Association - Key offerings

12.7 Huawei Technologies Co. Ltd.

Exhibit 123: Huawei Technologies Co. Ltd. - Overview
Exhibit 124: Huawei Technologies Co. Ltd. - Business segments
Exhibit 125: Huawei Technologies Co. Ltd. - Key news
Exhibit 126: Huawei Technologies Co. Ltd. - Key offerings
Exhibit 127: Huawei Technologies Co. Ltd. - Segment focus

12.8 Informa Plc

Exhibit 128: Informa Plc - Overview
Exhibit 129: Informa Plc - Product / Service
Exhibit 130: Informa Plc - Key offerings

12.9 Mavenir Systems Inc.

Exhibit 131: Mavenir Systems Inc. - Overview
Exhibit 132: Mavenir Systems Inc. - Product / Service
Exhibit 133: Mavenir Systems Inc. - Key offerings

12.10 Microsoft Corp.

Exhibit 134: Microsoft Corp. - Overview
Exhibit 135: Microsoft Corp. - Business segments
Exhibit 136: Microsoft Corp. - Key news
Exhibit 137: Microsoft Corp. - Key offerings
Exhibit 138: Microsoft Corp. - Segment focus

12.11 Nippon Telegraph and Telephone Corp.

Exhibit 139: Nippon Telegraph and Telephone Corp. - Overview
Exhibit 140: Nippon Telegraph and Telephone Corp. - Business segments
Exhibit 141: Nippon Telegraph and Telephone Corp. - Key offerings
Exhibit 142: Nippon Telegraph and Telephone Corp. - Segment focus

12.12 Nokia Corp.

Exhibit 143: Nokia Corp. - Overview
Exhibit 144: Nokia Corp. - Business segments
Exhibit 145: Nokia Corp. - Key offerings
Exhibit 146: Nokia Corp. - Segment focus

12.13 Parallel Wireless Inc.

Exhibit 147: Parallel Wireless Inc. - Overview
Exhibit 148: Parallel Wireless Inc. - Product / Service
Exhibit 149: Parallel Wireless Inc. - Key offerings

12.14 Tambora Singapore Systems Pte. Ltd.

Exhibit 150: Tambora Singapore Systems Pte. Ltd. - Overview
Exhibit 151: Tambora Singapore Systems Pte. Ltd. - Product / Service
Exhibit 152: Tambora Singapore Systems Pte. Ltd. - Key offerings

12.15 Telefonaktiebolaget LM Ericsson

Exhibit 153: Telefonaktiebolaget LM Ericsson - Overview
Exhibit 154: Telefonaktiebolaget LM Ericsson - Business segments
Exhibit 155: Telefonaktiebolaget LM Ericsson - Key news
Exhibit 156: Telefonaktiebolaget LM Ericsson - Key offerings
Exhibit 157: Telefonaktiebolaget LM Ericsson - Segment focus

12.16 Turk Telekomunikasyon AS

Exhibit 158: Turk Telekomunikasyon AS - Overview
Exhibit 159: Turk Telekomunikasyon AS - Business segments
Exhibit 160: Turk Telekomunikasyon AS - Key offerings
Exhibit 161: Turk Telekomunikasyon AS - Segment focus

12.17 Vodafone Group Plc

Exhibit 162: Vodafone Group Plc - Overview
Exhibit 163: Vodafone Group Plc - Business segments
Exhibit 164: Vodafone Group Plc - Key offerings
Exhibit 165: Vodafone Group Plc - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 166: Inclusions checklist
Exhibit 167: Exclusions checklist

13.3 Currency conversion rates for USUSD

Exhibit 168: Currency conversion rates for USUSD

13.4 Research methodology

Exhibit 169: Research methodology
Exhibit 170: Validation techniques employed for market sizing
Exhibit 171: Information sources

13.5 List of abbreviations

Exhibit 172: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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