DUBLIN--(BUSINESS WIRE)--Aug 30, 2018--The "Network Slicing - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to the report, the Global Network Slicing Market accounted for $120.34 million in 2017 and is expected to reach $726.27 million by 2026 growing at a CAGR of 22.1% during the forecast period.

Some of the key factors that drive the growth of the market include growing requirement for high speed internet and large network coverage, rising demand for broadband services over mobile network, high growth rate in mobile data traffic volumes and virtualization of networks.

However, lack of edge computing resources and designing challenges are some factors hampering the market scope. Moreover, rising number of IoT connecting devices and nimble networks are providing significant opportunities for the market over the forecast period.

On the basis of application, the remote monitoring segment is projected to grow with the largest market share during the forecast period.

In terms of geography, North America is expected to hold the largest market share during the forecast period owing to its the growing acceptance of smart connected devices, industrial internet of everything (IIoE), and nimble networks. Moreover, the improved budgets and grants have invited various big market players to make significant investments in this region.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porter's Five Forces Analysis

5 Global Network Slicing Market, By Service

6 Global Network Slicing Market, By Component

7 Global Network Slicing Market, By Technology

8 Global Network Slicing Market, By Application

9 Global Network Slicing Market, By End-User

10 Global Network Slicing Market, By Geography

11 Key Developments

12 Company Profiling

Aria Networks Affirmed Networks Intel NTT DOCOMO Ericsson Huawei Argela Mavenir ZTE SK Telecom Nokia Networks Cisco Systems

For more information about this report visit https://www.researchandmarkets.com/research/7pbtd3/network_slicing?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180830005347/en/

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SOURCE: Research and Markets

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PUB: 08/30/2018 06:22 AM/DISC: 08/30/2018 06:22 AM