Network slicing is a technique for providing customized network services over shared physical infrastructure. It involves creating multiple virtual networks, each with its own dedicated resources and customized configuration, on top of shared physical infrastructure.

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Key Trends

Network Slicing technology is a new and upcoming trend in the networking field. This technology allows for the creation of virtual networks on top of a physical network infrastructure. This enables service providers to offer customized networking services to their customers. Network Slicing technology is still in its early stages of development, but it has the potential to revolutionize the networking industry.

One of the key trends in Network Slicing technology is the development of software-defined networking (SDN). SDN allows for the centralized management and control of network resources. This makes it possible to create virtual networks on top of a physical network infrastructure. SDN is a key enabling technology for Network Slicing.

Another key trend in Network Slicing technology is the development of network functions virtualization (NFV). NFV allows for the virtualization of network functions. This makes it possible to run multiple virtual network functions on a single physical device. NFV is a key enabling technology for Network Slicing.

Key Drivers

The key drivers of network slicing market include the need for efficient network resource utilization, reduction in operational expenditure, and flexibility in network deployment.

With the advent of 5G technology, network slicing has emerged as a key enabler for next-generation networks. 5G networks are expected to be more heterogeneous and complex, with a large number of connected devices and services.

Network slicing enables operators to create virtual networks that can be customized for specific applications and services. This allows for efficient utilization of network resources and reduces operational expenditure.

Additionally, network slicing provides flexibility in network deployment, as operators can deploy different slices for different applications and services.

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Restraints & Challenges

The key restraints and challenges in the network slicing market include the need for skilled resources, lack of awareness, and high initial investment. These factors are hindering the growth of the network slicing market.

The need for skilled resources is one of the key restraints in the network slicing market. The successful implementation of network slicing requires skilled resources who can configure and manage the network.

Lack of awareness is another key restraint in the network slicing market. Many end users are not aware of the benefits of network slicing and how it can be used to improve their network performance. This lack of awareness is hindering the growth of the network slicing market.

High initial investment is another key restraint in the network slicing market. The initial investment required for the deployment of network slicing is high. This high initial investment is preventing many end users from adopting network slicing.

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Market Segments

The Network Slicing Market is segmented by component, end user, industry vertical, and region. On the basis of component, it is categorized into solution and services. Depending on end user, it is divided into telecom operators and enterprises. On the basis of industry vertical it is categorized into manufacturing, healthcare, automotive, media & entertainment, transport & logistic, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Network Slicing Market includes players such as Nokia, Ericsson, Huawei, ZTE, Samsung ,Cisco Systems Inc., Hewlett Packard Enterprise, Huawei Technologies Co., Ltd, Mavenir and Argela Technologies.

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