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.
Market Coverage
o By Component
o By End-User Industry
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global Network Slicing Market Report Segment
By Component
By End-User Industry
Global Network Slicing Market by Region
North America
Europe
Asia-Pacific
Rest of the World
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