Europe Network Slicing Market Size, Share & Trends Analysis Report By Offering (Solution, and Services), By End-user (Communication Service Providers, and Enterprises), By Vertical, By Country and Growth Forecast, 2024 - 2031
The Europe Network Slicing Market would witness market growth of 49.7% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Network Slicing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,134.2 million by 2031. The UK market is registering a CAGR of 48.3% during (2024 - 2031). Additionally, The France market would showcase a CAGR of 50.9% during (2024 - 2031).
5G technology offers significantly higher data speeds compared to previous generations of mobile networks such as 4G LTE. These higher speeds enable the efficient delivery of bandwidth-intensive applications such as high-definition video streaming, virtual reality (VR), augmented reality (AR), and immersive gaming. It leverages the high data speeds of 5G to provide dedicated slices optimized for these demanding applications, ensuring optimal performance and user experience.
The implementation of 5G technology results in enhanced streaming experiences for users, decreased latency, and quicker download and upload speeds due to its high data rates. It enables administrators to dynamically allocate resources in order to satisfy the performance demands of various applications and services. It enhances the overall user experience by prioritizing and optimizing network resources, leading to higher satisfaction and retention rates.
Sweden's robust manufacturing and industrial engineering sector, as reported by the ITA, contributes significantly to the nation's GDP. The sector transformation is supported by substantial investments from the public and private sectors, totaling around $11 billion, allocated towards R&D and innovation. These investments underscore the importance of advanced networking technologies like network slicing in supporting Sweden's industrial modernization efforts. Thus, the region will present lucrative growth opportunities for the market.
Based on Offering, the market is segmented into Solution, and Services. Based on End-user, the market is segmented into Communication Service Providers, and Enterprises. Based on Vertical, the market is segmented into Healthcare, Transportation & Logistics, Energy & Utilities, Manufacturing, Media & Entertainment, Financial Services, Retail, Government, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Ericsson AB
- Samsung Electronics Co., Ltd. (Samsung Group)
- Nokia Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- ZTE Corporation
- Cisco Systems Inc.
- Hewlett Packard Enterprise Company
- Intel Corporation
- VMware, Inc. (Broadcom Inc.)
- BT Group plc
By Application
- Solution
- Services
- Communication Service Providers
- Enterprises
- Healthcare
- Transportation & Logistics
- Energy & Utilities
- Manufacturing
- Media & Entertainment
- Financial Services
- Retail
- Government
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Network Slicing Market, by Offering
- 1.4.2 Europe Network Slicing Market, by End-user
- 1.4.3 Europe Network Slicing Market, by Vertical
- 1.4.4 Europe Network Slicing Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Jul – 2024, Feb) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. Europe Network Slicing Market by Offering
- 5.1 Europe Solution Market by Country
- 5.2 Europe Services Market by Country
- Chapter 6. Europe Network Slicing Market by End-user
- 6.1 Europe Communication Service Providers Market by Country
- 6.2 Europe Enterprises Market by Country
- Chapter 7. Europe Network Slicing Market by Vertical
- 7.1 Europe Healthcare Market by Country
- 7.2 Europe Transportation & Logistics Market by Country
- 7.3 Europe Energy & Utilities Market by Country
- 7.4 Europe Manufacturing Market by Country
- 7.5 Europe Media & Entertainment Market by Country
- 7.6 Europe Financial Services Market by Country
- 7.7 Europe Retail Market by Country
- 7.8 Europe Government Market by Country
- 7.9 Europe Others Market by Country
- Chapter 8. Europe Network Slicing Market by Country
- 8.1 Germany Network Slicing Market
- 8.1.1 Germany Network Slicing Market by Offering
- 8.1.2 Germany Network Slicing Market by End-user
- 8.1.3 Germany Network Slicing Market by Vertical
- 8.2 UK Network Slicing Market
- 8.2.1 UK Network Slicing Market by Offering
- 8.2.2 UK Network Slicing Market by End-user
- 8.2.3 UK Network Slicing Market by Vertical
- 8.3 France Network Slicing Market
- 8.3.1 France Network Slicing Market by Offering
- 8.3.2 France Network Slicing Market by End-user
- 8.3.3 France Network Slicing Market by Vertical
- 8.4 Russia Network Slicing Market
- 8.4.1 Russia Network Slicing Market by Offering
- 8.4.2 Russia Network Slicing Market by End-user
- 8.4.3 Russia Network Slicing Market by Vertical
- 8.5 Spain Network Slicing Market
- 8.5.1 Spain Network Slicing Market by Offering
- 8.5.2 Spain Network Slicing Market by End-user
- 8.5.3 Spain Network Slicing Market by Vertical
- 8.6 Italy Network Slicing Market
- 8.6.1 Italy Network Slicing Market by Offering
- 8.6.2 Italy Network Slicing Market by End-user
- 8.6.3 Italy Network Slicing Market by Vertical
- 8.7 Rest of Europe Network Slicing Market
- 8.7.1 Rest of Europe Network Slicing Market by Offering
- 8.7.2 Rest of Europe Network Slicing Market by End-user
- 8.7.3 Rest of Europe Network Slicing Market by Vertical
- Chapter 9. Company Profiles
- 9.1 Ericsson AB
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.6 SWOT Analysis
- 9.2 Samsung Electronics Co., Ltd. (Samsung Group)
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Recent strategies and developments:
- 9.2.4.1 Partnerships, Collaborations, and Agreements:
- 9.2.5 SWOT Analysis
- 9.3 Nokia Corporation
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Acquisition and Mergers:
- 9.3.6 SWOT Analysis
- 9.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.6 SWOT Analysis
- 9.5 ZTE Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.6 SWOT Analysis
- 9.6 Cisco Systems, Inc.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.6 SWOT Analysis
- 9.7 Hewlett Packard Enterprise Company
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Acquisition and Mergers:
- 9.7.6 SWOT Analysis
- 9.8 Intel Corporation
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 SWOT Analysis
- 9.9 VMware, Inc. (Broadcom Inc.)
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 SWOT Analysis
- 9.10. BT Group plc
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 SWOT Analysis
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