The growth of the networking market is due to the growing demand for broadband over mobile networks and the wide network coverage and high speed.
Market size – 14.43 billion USD in 2018, Market growth – CAGR of 18.3%, Market trends – Growing demand for fast speed and wider network coverage, adoption of broadband access via mobile networks.
New York, February 28, 2019 – The market for mesh slicing is expected to grow from $ 14.43 billion in 2018 to $ 43.24 billion by 2026 with a CAGR of 18.3% over the forecast period. The driving force for growth is the growing demand for fast speed and wider network coverage, adoption of broadband access via mobile networks.
The strong growth of mobile data traffic, the increased demand for fast speed and wide network coverage, and the virtualization of networks are some of the factors that are projected to be the main drivers of market growth, along with the huge demand for mobile broadband. The network slicing market is expected to grow with the rapid increase in the number of Internet of Things (IoT) devices and active networks. As operators have started investing in advanced and new technologies to meet the requirements of efficiency and consumer flexibility, the market will face huge growth in the future.
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Key companies included in the report:
The main players in the network network market include Ericsson (Sweden), Huawei (China), Nokia (Finland), Intel (USA), Cisco (USA), ZTE (China), SK Telecom (South Korea), Confirmed Networks (USA) ), NTT DOCOMO (Japan) and Mavenir (USA)
The market research report offers a comprehensive analysis of the competitive landscape by examining the review of the company’s profile, product portfolios, production and production capacity, market share and size, global position, financial condition, technological development and production and production capacity of prominent players. It also focuses on key mergers and acquisitions, joint ventures, collaboration, product launches and brand promotions, government deals and agreements, and partnerships among others undertaken by the best companies operating in the market. The report also covers SWOT analysis and Porter’s Five Forces analysis of key players to provide a more in-depth view of the competition scenario.
The report further segments the market in major geographic regions of the world, including North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. The regions and their respective large countries are analyzed in terms of their revenue contribution, production and consumption patterns, imports / exports, supply and demand ratios and the presence of key companies located in each region.
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The regional analysis covers:
The rest of Europe
The rest of APAC
The rest of LATAM
The Middle East and Africa
The rest of the MEA
In addition, the report segments the network slicing market based on types and applications and offers insights into the key factors that are expected to affect the segment’s revenue growth over the forecast period.
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Market segmentation of network segmentation by type:
Network function Virtualization
Market segmentation of network segmentation by application:
Software Defined Network (SDN)
Cloud radio access network
The report also offers strategic recommendations for new entrants and gives them an idea of how to deal with entry-level barriers. It also offers key information to established players to strengthen its market presence. The formulation of this report is done through in-depth primary and secondary research to offer a better understanding of market size, market share, scope, challenges, trends and growth prospects among the industry. The data are further confirmed by industry experts, professionals and research analysts.
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