The steady growth of the network slicing market is mainly attributed to the rising need for low latency, significant growth in mobile data traffic volume, and the emergence of edge computing technology. Furthermore, the rising adoption rate of IoT technology and growing investment in 5G network are creating new growth opportunities for vendors in the network slicing market. However, the growing security risks associated with network slicing infrastructure and lack of awareness about network slicing solutions pose serious challenges to the adoption of network slicing solutions.

The Network Slicing Market is expected to reach $893.1 million by 2027, at a CAGR of 15.2% during the forecast period, 2020 to 2027.

Here are the top 10 companies in Network Slicing Market.

Telefonaktiebolaget LM Ericsson SE

Ericsson is a multinational networking and telecommunications company. The company is a leader in 4G and 5G mobile technologies and provides support for networks. The company operates through four business segments, namely, Network, Digital Services, Managed Services, and Emerging Business & Other. The company’s network slicing portfolio comprises mobile and fixed network infrastructure; telecom services; broadband & multimedia solutions for operators, enterprises, & the media industry.

With its subsidiaries and a strong distribution network, the company has its presence across North America, Europe & Latin America, the Middle East & Africa, North-East Asia, Southeast Asia, Oceania, and India. Some of its subsidiaries are Ericsson-LG (South Korea), Ericsson-Nikola Tesla (Croatia), and Cenx, Inc. (U.S.).

Nokia Corporation

Nokia is a multinational communications company engaged in the manufacturing of mobile devices, network infrastructure, location-based technologies, and advanced technologies businesses worldwide. The company operates through four business segments, namely, Communication Service Providers, Enterprise, Licenses, and Others. Its Communication Service Providers segment provides consumers with hardware and networking software to deliver high data services.

With its subsidiaries and a strong distribution network, the company has its presence across North America, Europe, Asia-Pacific, Greater China, Latin America, and Middle East & Africa. Some of its subsidiaries are Nokia Networks (Finland), Alcatel Lucent (France), Scalado (Sweden), and Novarra, Inc. (U.S.).

Cisco Systems, Inc.

Cisco Systems designs and sells a broad range of technologies that power the Internet. Across networking, security, collaboration, applications, and the cloud, its intent-based technologies continuously learn and adapt to provide customers with a highly secure, intelligent platform for their digital business. The company operates through five business segments, namely, Infrastructure Platform, Services, Application, Security, And Others. The company offers advanced technologies, such as IP technology, security, home networking, optical networking, storage area networking, and wireless portals.

With its subsidiaries and a strong distribution network, the company has its presence across America, EMEA, and APJC. Some of its subsidiaries are Cisco WebEx, Inc. (U.S.), OpenDNS (U.S.), and BroadSoft, Inc. (U.S.).

ZTE Corporation

ZTE is a telecommunications and networking company. The company provides wireless communications systems, wireline switch and access equipment, optical and data communications equipment, handsets, and network slicing software and services. The company operates through three business segments, namely, Consumer Business, Government, & Corporate Business, and Carrier Network.

With its subsidiaries and a strong distribution network, the company has its presence across the PRC, Europe, the Americas, Oceania, and Africa. Some of its subsidiaries are Double Fine Productions, Inc. (U.S.), GitHub, Inc. (U.S.), Mojang (Sweden), Skype (U.S.), and LinkedIn Corporation (U.S.).

Huawei Technologies

Huawei Technologies is a telecommunication solutions company that offers infrastructure application software and devices with wireline, wireless, and IP technologies. The company operates through three business segments, namely, Carrier Business, Enterprise Business, and Consumer Business. The company’s network slicing portfolio comprises enterprise wireless, carrier network, telecom services, and enterprise networking solutions for consumers and enterprises.

With its subsidiaries and a strong distribution network, the company has its presence across China, EMEA, APAC, and America. Some of its subsidiaries are Huawei Device Co., Ltd (China)., Huawei Machine Co., Ltd (China)., and Shanghai Huawei Technologies Co., Ltd (Shanghai).

A report into the projected growth of the current Network Slicing Market  by Meticulous Research® has produced some incredible forecasts for the industry. By 2027, it’s expected to have grown at a CAGR of 15.2%, reaching over $893.1 million .

 

Affirmed Networks

Affirmed Networks is engaged in transforming and advancing intelligence in mobile data networks. The company develops mobile network platforms that provide IoT virtualization, network slicing, and virtual probe & analytics solutions. The company’s mobile core capabilities are 5G NR, virtualized DPI and GiLAN services, optimized IoT access, Wi-Fi and service automation, and cloud-native mobile core solutions. The company has its presence across the U.S., India, United Arab, and Czechia. In 2020, the company was acquired by Microsoft for ~USD 1.35 billion. Post this acquisition, Affirmed operated under the Intelligent Cloud segment of Microsoft.

Mavenir Systems Inc.

Founded in 2005 and headquartered in Richardson, Texas, U.S., Mavenir Systems is a telecommunication software company. The company focuses on accelerating and redefining mobile network economics transformation for communications service providers. The company core capabilities are VoLTE, VoWiFi, virtualizes evolved packet core, and virtualized RAN.

With its subsidiaries and a strong distribution network, the company has its presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Some of its subsidiaries are Ranzure Networks, Inc. (U.S.), Netonomy, Ltd. (Israel), and Aquto Corporation (U.S.).

Parallel Wireless Inc.

Founded in 2012 and headquartered in Nashua, U.S., Parallel Wireless is a networking company that designs and maintains cellular networks. The company develops a cellular network platform that provides 5GvRAN, network intelligence, network slicing software, and OpenRAN. The company has its presence across North America, Europe, and Asia-Pacific, and the Middle East & Africa.

Intel Corporation

Intel is engaged in designing and manufacturing products and technologies. The company operates through six segments, namely, Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Programmable Solutions Group (PSG), and Other. The company’s network slicing portfolio comprises 5G core networks, network automation, 5G services, 5G NFV, and cloud core network.

With its subsidiaries and a strong distribution network, the company has its presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Some of its subsidiaries are Altera Corporation (U.S.), Mobileye (Israel), Nervana Systems, Inc. (U.S.), Wind River, Inc. (U.S.), and eASIC Corporation (U.S.).

Amdocs Inc.

Amdocs is a multinational software company. It is a developer and provider of customer experience systems for the communications, media, and entertainment industries. The company develops a cloud-native, open, and dynamic portfolio of networking platforms and services. The company operates through two business segments, namely, Managed Services and Others.

With its subsidiaries and a strong distribution network, the company has its presence across North America and Europe. Some of its subsidiaries are Vindicia (U.S.), Actix Inc. (U.K.), Bridgewater Systems (Canada), Vubiquity, Inc. (U.S.).

Popular Mentions: Samsung Electronics Co., Ltd., Hewlett Packard Enterprises, Blue Planet, and Argela Technologies

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Authoritative Research on the Network Slicing Market – Global Opportunity Analysis and Industry Forecast (2020-2027)

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  • Partnerships and acquisitions

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