Network Slicing

Global Network Slicing Market to Reach US$18.2 Billion by 2030

The global market for Network Slicing estimated at US$1.9 Billion in the year 2024, is expected to reach US$18.2 Billion by 2030, growing at a CAGR of 45.2% over the analysis period 2024-2030. Solutions, one of the segments analyzed in the report, is expected to record a 44.2% CAGR and reach US$11.0 Billion by the end of the analysis period. Growth in the Services segment is estimated at 46.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$605.7 Million While China is Forecast to Grow at 42.0% CAGR

The Network Slicing market in the U.S. is estimated at US$605.7 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2030 trailing a CAGR of 42.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 40.1% and 37.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 30.0% CAGR.

Global Network Slicing Market - Key Trends & Drivers Summarized

What Is Network Slicing, and Why Is It Crucial for 5G Networks?
Network Slicing is a technology that allows operators to create multiple virtual networks on a shared physical infrastructure. Each "slice" is designed to meet the specific requirements of different use cases, such as high-speed broadband, ultra-reliable low-latency communication, or massive IoT connectivity. Network slicing is a key enabler of 5G networks, allowing operators to customize services for a diverse range of industries, from automotive and healthcare to smart cities and manufacturing. By offering tailored network services that align with the needs of specific applications, network slicing maximizes the potential of 5G, providing higher efficiency, flexibility, and performance.

How Is Network Slicing Revolutionizing Industry-Specific Applications?
Network slicing is revolutionizing how industries leverage 5G technology by enabling them to access dedicated, optimized network slices that cater to their unique requirements. For example, the automotive industry can utilize ultra-reliable low-latency slices for autonomous vehicles, ensuring real-time data transmission for safe operation. In healthcare, network slicing allows for high-speed, secure data exchange in telemedicine and remote surgeries, where bandwidth reliability and low latency are critical. Similarly, industries like manufacturing can benefit from network slices optimized for massive IoT connections, enabling efficient machine-to-machine communication on factory floors. This ability to tailor network performance for industry-specific needs is transforming how businesses deploy 5G, unlocking new use cases and improving operational efficiency across sectors.

What Emerging Trends Are Shaping the Network Slicing Market?
Several key trends are shaping the network slicing market, driven by the evolution of 5G and its growing adoption across various industries. The integration of artificial intelligence (AI) and machine learning (ML) into network slicing is enabling more efficient management of network resources, allowing for real-time adjustments based on network demands. Another significant trend is the expansion of private 5G networks, where organizations are deploying network slices within their dedicated infrastructure to support mission-critical applications. As industries increasingly adopt Industry 4.0 practices, the demand for customized network slices to support automation, IoT, and data analytics is also rising. Additionally, the growing need for edge computing is driving the development of network slices that bring processing power closer to the user, reducing latency and improving response times for applications like AR/VR, autonomous vehicles, and smart cities.

What Factors Are Driving the Growth of the Network Slicing Market?
The growth in the network slicing market is driven by the increasing deployment of 5G networks, the rising demand for industry-specific 5G solutions, and the growing adoption of IoT applications. As 5G rollouts accelerate globally, network slicing is becoming essential for providing differentiated services that cater to various industries’ unique connectivity needs. The demand for high-performance, low-latency communication in sectors such as healthcare, automotive, and manufacturing is pushing operators to invest in network slicing technology. The rapid proliferation of IoT devices, which require efficient and reliable connections to support smart infrastructure, is also driving the need for network slicing to manage diverse IoT use cases. Furthermore, as enterprises adopt edge computing and private 5G networks, the need for flexible, customized network slices that can optimize specific applications is growing, further fueling market expansion.

SCOPE OF STUDY:

The report analyzes the Network Slicing market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Offering (Solutions, Services); End-Use (Government, Healthcare, Manufacturing, BFSI, Transport & Logistics, Other End-Uses)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 42 Featured) -

• Affirmed Networks
• Argela
• Aria Networks Limited
• Cisco Systems, Inc.
• Ericsson AB
• Huawei Technologies Co., Ltd.
• Intel Corporation
• Mavenir Systems, Inc.
• Nokia Networks
• NTT DoCoMo, Inc.
• SK Telecom Co., Ltd.
• ZTE Corporation

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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