- 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
Frequently Asked Questions
The market is segmented based on 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.
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The Global Network Slicing Market size was valued at USD 153.20 USD Billion in 2024.
The Global Network Slicing Market is projected to grow at a CAGR of 26.4% during the forecast period of 2025 to 2032.
The major players operating in the market include Application Area (Remote Monitoring, Real-Time Surveillance, Supply Chain Management, Asset Management, Real-Time Streaming, Network Monitoring, Network Function Virtualization, and Multimedia).
The market report covers data from the North America.
