Global Network Slicing Market Segmentation, By Component (Technologies and Services), Application Area (Remote Monitoring, Real-Time Surveillance, Supply Chain Management, Asset Management, Real-Time Streaming, Network Monitoring, Network Function Virtualization, and Multimedia), Industry Vertical (Manufacturing, Automotive, Energy and Utilities, Healthcare, Media and Entertainment, BFSI, Public Safety, Agriculture, and Others) – Industry Trends and Forecast to 2032.
Network Slicing Market Size
- The global network slicing market was valued at USD 153.20 billion in 2024 and is expected to reach USD 998.24 billion by 2032
- During the forecast period of 2025 to 2032 the market is such as to grow at a CAGR of 26.40%, primarily driven by the increasing demand for 5G network capabilities and efficient resource management
- This growth is driven by factors such as the rising need for customized and flexible network services across industries such as telecom, healthcare, and automotive
Network Slicing Market Analysis
- The network slicing market is growing as 5G adoption increases, driving the demand for efficient network management
- The need for high-speed, low-latency services is fueling market growth as businesses and consumers demand better network performance
- Network slicing allows for flexible, scalable services tailored to specific use cases such as smart cities and autonomous vehicles
- Telecom companies are collaborating with tech providers to enhance their network slicing offerings for 5G networks
- As 5G deployment expands, network slicing will become essential for managing complex, high-performance networks across industries
Report Scope and Network Slicing Market Segmentation
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Attributes
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Network Slicing Key Market Insights
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Segments Covered
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Countries Covered
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North America
Europe
Asia-Pacific
Middle East and Africa
South America
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Key Market Players
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Market Opportunities
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Value Added Data Infosets
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Network Slicing Market Trends
"Growth and Innovation in Network Slicing Technology"
- The network slicing market is seeing significant growth due to increasing demand for tailored network solutions for various industries
- Telecom operators are shifting towards 5G technology, making network slicing crucial for managing dedicated virtual networks within a shared physical infrastructure
- As industries such as automotive, healthcare, and manufacturing embrace 5G, network slicing is becoming an essential tool for providing reliable, low-latency, and high-performance services
- The integration of artificial intelligence and machine learning in network slicing is improving the efficiency of managing resources, allowing for automatic adjustments and real-time optimization of network slices
- For instance, major telecom players are adopting network slicing solutions to optimize network resource utilization for specific applications such as augmented reality and virtual reality applications which require high bandwidth and low latency
- In conclusion, the network slicing market is experiencing rapid growth, driven by the need for tailored network solutions across industries and the integration of advanced technologies like AI and machine learning.
Network Slicing Market Dynamics
Driver
“Increasing Demand for 5G Networks”
- The increasing adoption of 5G technology globally is driving the growth of the network slicing market by offering faster data speeds and lower latency
- Network slicing allows the creation of virtualized networks tailored to specific use cases such as ultra-reliable low-latency communication or massive machine-type communication
- This technology ensures service providers can meet the diverse needs of 5G users, ensuring more efficient and secure communication across different industries
- Network slicing improves network efficiency and management by isolating traffic into slices, which is critical as the number of connected devices continues to rise
- For instance, telecom operators are leveraging network slicing to provide differentiated services for industries such as healthcare and manufacturing, where specialized network segments are required for IoT and real-time data transmission. This trend is accelerating market expansion.
- In conclusion, the adoption of 5G technology and network slicing is fueling market growth by enabling efficient, tailored services for diverse industries.
Opportunity
“Expansion of Internet of Things (IoT)”
- The rapid expansion of the Internet of Things (IoT) presents significant opportunities for the network slicing market
- As IoT applications grow across industries, the need for network infrastructure capable of handling diverse traffic types and ensuring reliable communication increases
- Network slicing allows operators to create virtual networks tailored to specific IoT applications, ensuring unique requirements such as low latency or high bandwidth are met
- For instance, in an IoT-enabled healthcare system, a network slice prioritizing low-latency, real-time data transmission may be required, while industrial IoT applications may need high data throughput
- The integration of technologies such as artificial intelligence and machine learning with IoT and network slicing can enhance the capabilities of the network slicing market, driving further demand in the industry
Restraint/Challenge
“Complex Implementation and Cost”
- One of the major challenges in the network slicing market is the high complexity and cost of its implementation
- Network slicing requires substantial investment in infrastructure, technology, and skilled personnel to design and deploy virtualized networks
- Creating multiple virtual networks within a physical infrastructure demands advanced management tools and systems, making the process resource-intensive for service providers
- The complexity of managing multiple slices with different service-level agreements and performance metrics can slow down adoption, especially for smaller service providers
- For instance, the upfront capital required for network slicing infrastructure is a significant barrier, particularly for service providers in regions with limited access to investment or advanced technology. Overcoming these hurdles is key to unlocking the full potential of network slicing in the market
- In conclusion, The high complexity and cost of implementing network slicing present significant challenges, particularly for smaller service providers with limited resources.
Network Slicing Market Scope
The market is segmented on the basis of component, application area, and industry vertical.
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Segmentation
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Sub-Segmentation
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By Component
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By Application Area
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By Industry Vertical
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Network Slicing Market Regional Analysis
“North America is the Dominant Region in the Network Slicing Market”
- North America holds a significant share in the global network slicing market
- The presence of major telecom operators, including Verizon, AT&T, and T-Mobile, is accelerating market growth in the region
- The widespread adoption of 5G technology across the U.S. and Canada has made network slicing a critical component for telecom operators to offer differentiated services
- North America's well-established infrastructure, coupled with continuous investment in 5G, strengthens its dominance in the network slicing space
- The region benefits from high demand across industries such as automotive, healthcare, and entertainment, which rely on low-latency and high-performance connectivity
“Asia-Pacific is Projected to Register the Highest Growth Rate”
- Asia-Pacific is expected to experience the fastest growth in the network slicing market
- The region is home to countries such as China, Japan, and South Korea, which are rapidly deploying 5G networks
- The increasing number of connected devices through IoT applications, including smart cities and industrial automation, is driving the demand for network slicing solutions in the region
- Investments from leading telecom operators in network slicing technologies and their collaborations with global cloud vendors are further boosting growth
- The rise of emerging markets in India and Southeast Asia is contributing to the rapid expansion of the network slicing market in Asia-Pacific
Network Slicing Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
The Major Market Leaders Operating in the Market Are:
- Cisco Systems, Inc. (U.S.)
- Huawei Technologies Co., Ltd. (China)
- Nokia (Finland)
- Telefonaktiebolaget LM Ericsson (Sweden)
- NTT DOCOMO (Japan)
- ZTE Corporation (China)
- SK Telecom Co. (South Korea)
- Intel Corporation (U.S.)
- Mavenir (U.S.)
- NEC Corporation (Japan)
- Deutsche Telekom AG (Germany)
- Telefónica S.A. (Spain)
- SAMSUNG (South Korea)
- Blue Planet Geomatics. (Canada)
- Parallel Wireless (U.S.)
- Qualcomm Technologies, Inc. (U.S.)
- Juniper Networks, Inc. (U.S.)
- Keysight Technologies (U.S.)
- Verizon Communications (U.S.)
- AT&T Inc. (U.S.)
Latest Developments in Global Network Slicing Market
- In February 2024, Singtel, in collaboration with Ericsson and Samsung, introduced the world's first app-based network slicing technology. This innovation allows app owners to activate dedicated, customized slices of Singtel's 5G network, enhancing app performance and user experience. The technology was successfully tested using Singtel's CAST application during the live streaming of the Australian Open
- In July 2024, Nokia highlighted the potential of combining network slicing with edge cloud technologies to create new opportunities for enterprises and communication service providers cite turn0search0. This integration enables tailored, high-performance connectivity for business-critical applications, enhancing user experiences and opening new revenue streams. Nokia's 5G edge slicing solution facilitates the delivery of customized Virtual Private Network services, supporting various sectors such as manufacturing, healthcare, and artificial intelligence cite.
- In August 2023, T-Mobile launched a beta program for 5G network slicing, initially focusing on enhancing video calling applications. This initiative allows developers to optimize their applications by utilizing customized network slices, ensuring consistent uplink and downlink speeds, reduced latency, and increased reliability
- In March 2025, Fortune Business Insights projected that the global network slicing market would grow from USD 1.13 billion in 2024 to USD 21.21 billion by 2032, reflecting a compound annual growth rate of 43.6% . This growth is driven by the increasing adoption of 5G-enabled network slicing across various sectors, including banking, financial services, insurance, retail, healthcare, and e-commerce
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