The global network slicing market is anticipated to exhibit significant CAGR of 25.4% during the forecast period (2024-2031). 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 […]
Tag Archives: Network Slicing Market
Network slicing is the process of creating multiple unique virtual and logical networks through a common multi-domain infrastructure. Using network functions virtualization (NFV), software-defined networking (SDN), orchestration, automation, and analytics, mobile network operators can quickly create network slices to support specific applications, sets of users, services, or networks. Network slicing allows a single network to […]
The global network slicing market size was valued at $172.56 million in 2019, and is projected to reach $921.02 million by 2027, registering a CAGR of 23% from 2020 to 2027. Network slicing is a technology that allows network operators to effectively maximize resource utilization and service flexibility by overlaying multiple virtual networks on a […]