PUBLISHER: KBV Research | PRODUCT CODE: 1484264
PUBLISHER: KBV Research | PRODUCT CODE: 1484264
North America Network Slicing Market Size, Share & Trends Analysis Report By Offering (Solution, and Services), By End-user (Communication Service Providers, and Enterprises), By Vertical, By Country and Growth Forecast, 2024 - 2031
The North America Network Slicing Market would witness market growth of 49.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Network Slicing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,713.6 million by 2031. The Canada market is showcasing a CAGR of 52.6% during (2024 - 2031). Additionally, The Mexico market would register a CAGR of 51.2% during (2024 - 2031).
The data speed offered by 5G technology plays a crucial role in boosting the market by enabling new use cases, improving user experiences, optimizing resource allocation, and creating monetization opportunities for operators. The anticipated proliferation of 5G networks will generate substantial demand for network slicing solutions, thereby stimulating market expansion and fostering innovation within the telecommunications sector.
The market stands at the forefront of innovation, poised to revolutionize the telecommunications landscape with its transformative capabilities. At its core, it represents a paradigm shift in the way networks are architected, managed, and utilized, offering unprecedented levels of flexibility, customization, and efficiency. As industries undergo rapid digital transformation and embrace emerging technologies such as 5G, cloud computing, and IoT, the demand for agile and adaptable networking solutions has never been greater. The network slicing approach allows for isolating and customizing network resources, ensuring that each slice can be optimized to meet the diverse requirements of different services and applications.
The increasing adoption of telemedicine also contributes to the demand for network slicing technology in North America. According to the Centers for Disease Control and Prevention (CDC), 37.0% of adults aged 18 and over used telemedicine in 2021, increasing usage with age. This trend is expected to continue as telemedicine becomes more widely accepted and integrated into healthcare systems, highlighting the need for reliable, high-performance networks to support these services. Thus, the combination of a strong technology sector, a growing IT industry, and increasing adoption of telemedicine is driving the demand for network slicing technology in North America.
Based on Offering, the market is segmented into Solution, and Services. Based on End-user, the market is segmented into Communication Service Providers, and Enterprises. Based on Vertical, the market is segmented into Healthcare, Transportation & Logistics, Energy & Utilities, Manufacturing, Media & Entertainment, Financial Services, Retail, Government, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Ericsson AB
- Samsung Electronics Co., Ltd. (Samsung Group)
- Nokia Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- ZTE Corporation
- Cisco Systems Inc.
- Hewlett Packard Enterprise Company
- Intel Corporation
- VMware, Inc. (Broadcom Inc.)
- BT Group plc
North America Network Slicing Market Report Segmentation
By Application
- Solution
- Services
By End-user
- Communication Service Providers
- Enterprises
By Vertical
- Healthcare
- Transportation & Logistics
- Energy & Utilities
- Manufacturing
- Media & Entertainment
- Financial Services
- Retail
- Government
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1North America Network Slicing Market, by Offering
- 1.4.2North America Network Slicing Market, by End-user
- 1.4.3North America Network Slicing Market, by Vertical
- 1.4.4North America Network Slicing Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
Chapter 4.Competition Analysis - Global
- 4.1KBV Cardinal Matrix
- 4.2Recent Industry Wide Strategic Developments
- 4.2.1Partnerships, Collaborations and Agreements
- 4.2.2Acquisition and Mergers
- 4.3Market Share Analysis, 2023
- 4.4Top Winning Strategies
- 4.4.1Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Jul - 2024, Feb) Leading Players
- 4.5Porter Five Forces Analysis
Chapter 5.North America Network Slicing Market by Offering
- 5.1North America Solution Market by Region
- 5.2North America Services Market by Region
Chapter 6.North America Network Slicing Market by End-user
- 6.1North America Communication Service Providers Market by Country
- 6.2North America Enterprises Market by Country
Chapter 7.North America Network Slicing Market by Vertical
- 7.1North America Healthcare Market by Country
- 7.2North America Transportation & Logistics Market by Country
- 7.3North America Energy & Utilities Market by Country
- 7.4North America Manufacturing Market by Country
- 7.5North America Media & Entertainment Market by Country
- 7.6North America Financial Services Market by Country
- 7.7North America Retail Market by Country
- 7.8North America Government Market by Country
- 7.9North America Others Market by Country
Chapter 8.North America Network Slicing Market by Country
- 8.1US Network Slicing Market
- 8.1.1US Network Slicing Market by Offering
- 8.1.2US Network Slicing Market by End-user
- 8.1.3US Network Slicing Market by Vertical
- 8.2Canada Network Slicing Market
- 8.2.1Canada Network Slicing Market by Offering
- 8.2.2Canada Network Slicing Market by End-user
- 8.2.3Canada Network Slicing Market by Vertical
- 8.3Mexico Network Slicing Market
- 8.3.1Mexico Network Slicing Market by Offering
- 8.3.2Mexico Network Slicing Market by End-user
- 8.3.3Mexico Network Slicing Market by Vertical
- 8.4Rest of North America Network Slicing Market
- 8.4.1Rest of North America Network Slicing Market by Offering
- 8.4.2Rest of North America Network Slicing Market by End-user
- 8.4.3Rest of North America Network Slicing Market by Vertical
Chapter 9.Company Profiles
- 9.1Ericsson AB
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Segmental and Regional Analysis
- 9.1.4Research & Development Expense
- 9.1.5Recent strategies and developments:
- 9.1.5.1Partnerships, Collaborations, and Agreements:
- 9.1.6SWOT Analysis
- 9.2Samsung Electronics Co., Ltd. (Samsung Group)
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3Segmental and Regional Analysis
- 9.2.4Recent strategies and developments:
- 9.2.4.1Partnerships, Collaborations, and Agreements:
- 9.2.5SWOT Analysis
- 9.3Nokia Corporation
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Segmental and Regional Analysis
- 9.3.4Research & Development Expense
- 9.3.5Recent strategies and developments:
- 9.3.5.1Acquisition and Mergers:
- 9.3.6SWOT Analysis
- 9.4Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Segmental and Regional Analysis
- 9.4.4Research & Development Expense
- 9.4.5Recent strategies and developments:
- 9.4.5.1Partnerships, Collaborations, and Agreements:
- 9.4.6SWOT Analysis
- 9.5ZTE Corporation
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3Segmental and Regional Analysis
- 9.5.4Research & Development Expenses
- 9.5.5Recent strategies and developments:
- 9.5.5.1Partnerships, Collaborations, and Agreements:
- 9.5.6SWOT Analysis
- 9.6Cisco Systems, Inc.
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Regional Analysis
- 9.6.4Research & Development Expense
- 9.6.5Recent strategies and developments:
- 9.6.5.1Partnerships, Collaborations, and Agreements:
- 9.6.6SWOT Analysis
- 9.7Hewlett Packard Enterprise Company
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Segmental and Regional Analysis
- 9.7.4Research & Development Expense
- 9.7.5Recent strategies and developments:
- 9.7.5.1Acquisition and Mergers:
- 9.7.6SWOT Analysis
- 9.8Intel Corporation
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Segmental and Regional Analysis
- 9.8.4Research & Development Expenses
- 9.8.5SWOT Analysis
- 9.9VMware, Inc. (Broadcom Inc.)
- 9.9.1Company Overview
- 9.9.2Financial Analysis
- 9.9.3Segmental and Regional Analysis
- 9.9.4Research & Development Expense
- 9.9.5SWOT Analysis
- 9.10.BT Group plc
- 9.10.1Company Overview
- 9.10.2Financial Analysis
- 9.10.3Segmental and Regional Analysis
- 9.10.4Research & Development Expenses
- 9.10.5SWOT Analysis
LIST OF TABLES
- TABLE 1North America Network Slicing Market, 2020 - 2023, USD Million
- TABLE 2North America Network Slicing Market, 2024 - 2031, USD Million
- TABLE 3Partnerships, Collaborations and Agreements- Network Slicing Market
- TABLE 4Acquisition and Mergers- Network Slicing Market
- TABLE 5North America Network Slicing Market by Offering, 2020 - 2023, USD Million
- TABLE 6North America Network Slicing Market by Offering, 2024 - 2031, USD Million
- TABLE 7North America Solution Market by Region, 2020 - 2023, USD Million
- TABLE 8North America Solution Market by Region, 2024 - 2031, USD Million
- TABLE 9North America Services Market by Region, 2020 - 2023, USD Million
- TABLE 10North America Services Market by Region, 2024 - 2031, USD Million
- TABLE 11North America Network Slicing Market by End-user, 2020 - 2023, USD Million
- TABLE 12North America Network Slicing Market by End-user, 2024 - 2031, USD Million
- TABLE 13North America Communication Service Providers Market by Country, 2020 - 2023, USD Million
- TABLE 14North America Communication Service Providers Market by Country, 2024 - 2031, USD Million
- TABLE 15North America Enterprises Market by Country, 2020 - 2023, USD Million
- TABLE 16North America Enterprises Market by Country, 2024 - 2031, USD Million
- TABLE 17North America Network Slicing Market by Vertical, 2020 - 2023, USD Million
- TABLE 18North America Network Slicing Market by Vertical, 2024 - 2031, USD Million
- TABLE 19North America Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 20North America Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 21North America Transportation & Logistics Market by Country, 2020 - 2023, USD Million
- TABLE 22North America Transportation & Logistics Market by Country, 2024 - 2031, USD Million
- TABLE 23North America Energy & Utilities Market by Country, 2020 - 2023, USD Million
- TABLE 24North America Energy & Utilities Market by Country, 2024 - 2031, USD Million
- TABLE 25North America Manufacturing Market by Country, 2020 - 2023, USD Million
- TABLE 26North America Manufacturing Market by Country, 2024 - 2031, USD Million
- TABLE 27North America Media & Entertainment Market by Country, 2020 - 2023, USD Million
- TABLE 28North America Media & Entertainment Market by Country, 2024 - 2031, USD Million
- TABLE 29North America Financial Services Market by Country, 2020 - 2023, USD Million
- TABLE 30North America Financial Services Market by Country, 2024 - 2031, USD Million
- TABLE 31North America Retail Market by Country, 2020 - 2023, USD Million
- TABLE 32North America Retail Market by Country, 2024 - 2031, USD Million
- TABLE 33North America Government Market by Country, 2020 - 2023, USD Million
- TABLE 34North America Government Market by Country, 2024 - 2031, USD Million
- TABLE 35North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 36North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 37North America Network Slicing Market by Country, 2020 - 2023, USD Million
- TABLE 38North America Network Slicing Market by Country, 2024 - 2031, USD Million
- TABLE 39US Network Slicing Market, 2020 - 2023, USD Million
- TABLE 40US Network Slicing Market, 2024 - 2031, USD Million
- TABLE 41US Network Slicing Market by Offering, 2020 - 2023, USD Million
- TABLE 42US Network Slicing Market by Offering, 2024 - 2031, USD Million
- TABLE 43US Network Slicing Market by End-user, 2020 - 2023, USD Million
- TABLE 44US Network Slicing Market by End-user, 2024 - 2031, USD Million
- TABLE 45US Network Slicing Market by Vertical, 2020 - 2023, USD Million
- TABLE 46US Network Slicing Market by Vertical, 2024 - 2031, USD Million
- TABLE 47Canada Network Slicing Market, 2020 - 2023, USD Million
- TABLE 48Canada Network Slicing Market, 2024 - 2031, USD Million
- TABLE 49Canada Network Slicing Market by Offering, 2020 - 2023, USD Million
- TABLE 50Canada Network Slicing Market by Offering, 2024 - 2031, USD Million
- TABLE 51Canada Network Slicing Market by End-user, 2020 - 2023, USD Million
- TABLE 52Canada Network Slicing Market by End-user, 2024 - 2031, USD Million
- TABLE 53Canada Network Slicing Market by Vertical, 2020 - 2023, USD Million
- TABLE 54Canada Network Slicing Market by Vertical, 2024 - 2031, USD Million
- TABLE 55Mexico Network Slicing Market, 2020 - 2023, USD Million
- TABLE 56Mexico Network Slicing Market, 2024 - 2031, USD Million
- TABLE 57Mexico Network Slicing Market by Offering, 2020 - 2023, USD Million
- TABLE 58Mexico Network Slicing Market by Offering, 2024 - 2031, USD Million
- TABLE 59Mexico Network Slicing Market by End-user, 2020 - 2023, USD Million
- TABLE 60Mexico Network Slicing Market by End-user, 2024 - 2031, USD Million
- TABLE 61Mexico Network Slicing Market by Vertical, 2020 - 2023, USD Million
- TABLE 62Mexico Network Slicing Market by Vertical, 2024 - 2031, USD Million
- TABLE 63Rest of North America Network Slicing Market, 2020 - 2023, USD Million
- TABLE 64Rest of North America Network Slicing Market, 2024 - 2031, USD Million
- TABLE 65Rest of North America Network Slicing Market by Offering, 2020 - 2023, USD Million
- TABLE 66Rest of North America Network Slicing Market by Offering, 2024 - 2031, USD Million
- TABLE 67Rest of North America Network Slicing Market by End-user, 2020 - 2023, USD Million
- TABLE 68Rest of North America Network Slicing Market by End-user, 2024 - 2031, USD Million
- TABLE 69Rest of North America Network Slicing Market by Vertical, 2020 - 2023, USD Million
- TABLE 70Rest of North America Network Slicing Market by Vertical, 2024 - 2031, USD Million
- TABLE 71key information - Ericsson AB
- TABLE 72Key Information - Samsung Electronics Co., Ltd.
- TABLE 73Key Information - Nokia Corporation
- TABLE 74Key Information - Huawei Technologies Co., Ltd.
- TABLE 75Key Information - ZTE Corporation
- TABLE 76Key Information - Cisco Systems, Inc.
- TABLE 77Key Information - Hewlett Packard Enterprise Company
- TABLE 78Key Information - Intel Corporation
- TABLE 79Key Information - VMware, Inc.
- TABLE 80Key Information - BT Group plc
