The global network slicing market size reached USD 555.5 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,621.2 Million by 2033, exhibiting a growth rate (CAGR) of 18.8% during 2025-2033.Grab a sample PDF of this report: https://www.imarcgroup.com/network-slicing-market/requestsample
The global network slicing market, valued at USD 555.5 million, is driven by the rising adoption of 5G, with 1.05 billion global connections. The U.S. FCC’s 5G FAST Plan allocates USD 9 billion for infrastructure, boosting slicing deployment. Ericsson’s partnership with Telstra enhances 30% of Australia’s 5G services. North America’s 36.8% market share reflects early 5G adoption. Government initiatives, like China’s USD 400 billion 5G investment, support smart city projects, with 40% using network slicing for optimized connectivity, driving demand across telecom and enterprise sectors.
Increasing demand for Industry 4.0, with 70% of manufacturing firms adopting IoT, fuels network slicing for low-latency applications. Huawei’s collaboration with China Mobile supports 25% of smart factory deployments. The EU’s Horizon Europe, with EUR 95.5 billion, funds 5G innovation, enhancing slicing for healthcare and automotive. The government sector, holding a 20% market share, leverages slicing for secure networks. Rising mobile data traffic, at 2.8 billion unique subscribers in Asia-Pacific, necessitates efficient network management, further propelling market growth globally.
Key Market Trends & Insights:
AI-Driven Network Orchestration
AI optimizes network slicing, managing 50% of 5G traffic. Nokia’s AI-based slicing solution, used in 20% of telecom networks, enhances resource allocation, improving efficiency for smart cities and autonomous vehicles in North America’s 36.8% market share.
Edge Computing Integration
Edge computing, supporting 30% of slicing applications, reduces latency. Cisco’s edge slicing, deployed in 15% of manufacturing plants, enables real-time IoT analytics, boosting productivity in 25% of Industry 4.0 deployments globally.
Private 5G Network Adoption
Private 5G networks, used by 40% of enterprises, leverage slicing. Samsung’s private slicing for 10% of healthcare facilities ensures secure, low-latency telemedicine, enhancing patient care in Europe’s 20% market share.
Cloud-Native Slicing Solutions
Cloud-native slicing, adopted by 35% of telecom operators, enhances scalability. VMware’s collaboration with AT&T, covering 15% of U.S. networks, supports dynamic slicing for media streaming, improving user experience globally.
Smart City Applications
Network slicing supports 40% of smart city projects. Huawei’s slicing for 20% of China’s urban IoT networks enables efficient traffic and energy management, driving adoption in Asia-Pacific’s 30% market share.
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