Lucintel's latest market report analyzed that 5G network slicing provides attractive opportunities in the telecom operator, enterprises and other markets. The 5G network slicing market is expected to reach $XX billion by 2028 with a CAGR of 23% to 25%. In this market, solution is the largest segment by component.
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Based on component, the 5G network slicing market is segmented into solution and service. The solution segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing need for ultra-low latency and growing usage of network virtualization.
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The 5G Network Slicing Market is marked by the presence of several big and small players. Some of the prominent players offering 5G network slicing include Nokia, Ericsson, Huawei, ZTE, Samsung.
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