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Global $1.25+ Billion Network Slicing Market to 2025: The Proliferation of Network Function Virtualization and Software-Defined Networking
ResearchAndMarkets.com s offering. The Global Network Slicing Market Size is Projected to Grow from USD 161 Million in 2020 to USD 1,284 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 51.5% during the Forecast Period.
The network slicing market is gaining traction due to the evolution of cellular network technology, which has offered higher data speeds and lower latency. The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video, and the shift of business toward the use of cloud services
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ResearchAndMarkets.com s offering. The Global Network Slicing Market Size is Projected to Grow from USD 161 Million in 2020 to USD 1,284 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 51.5% during the Forecast Period.
The network slicing market is gaining traction due to the evolution of cellular network technology, which has offered higher data speeds and lower latency. The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video, and the shift of business toward the use of cloud services
Services segment to grow at the highest CAGR during the forecast period