Network Slicing Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 -Posted by Statzy Market Research on May 13th, 2021 According to GSMA, network slicing, in combination with other enablers and capabilities, will aid operators to address a revenue opportunity worth USD 300 billion by 2025. - 5G is struggling to keep pace in emerging economies due to low bandwidth and lack of infrastructure. For instance, India's smart city initiative launched two years ago has struggled to make significant progress. Beyond the numerous local regulatory and structural challenges, there has not been enough spectrum or even the right spectrum bands available for the smart city vision to be realized. For sample report please visit : https://www.statzyreports.com/report/sr498373/network-slicing-market - Ericsson estimates USD 76 billion revenue opportunity in 2026 for operators addressing healthcare transformation with 5G. - It will enable many new approaches in the healthcare sector, in terms of imaging, diagnosis, and data analytics. For instance, hospitals could arrange remote robotic surgeries, as if the surgeon is right next to the patient, using virtual reality via a customized 5G network slice. - It can also be used in medical data management by maintaining electronic health records or introduction of ambulance drones. - It is forecasted by European Telecommunications Network Operator’s Association that number of IOT connections in healthcare will reach 10.34 billion by 2025. - ZTE, a provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, and China Mobile announced its 5G Oriented future network architecture design concept and network slice prototype system in December 2018. - The biggest example of network readiness is expected to seen in 2020 Tokyo Olympics where 360-degree, 8K video streams will be showcased across high-resolution devices. - In China, Ericsson is already working with AstraZeneca on 5G-enabled medical devices that support predictive maintenance. - 5G’s network slicing capabilities will allow telcos to offer critical service providers their own private 5G networks for secure and real-time connectivity to the cloud, helping to meet their ever-evolving infrastructure needs and improve operational efficiency. - March 2019 - Ericsson collaborated with AT&T to deploy the world’s first lifecycle management based on ONAP software for network slices at various enterprise locations. One of the key accomplishments of this demonstration was to ensure the robustness of both the infrastructure and ONAP elements while demonstrating network slices at the same time. For sample report please visit : https://www.statzyreports.com/report/sr498373/network-slicing-market Like it? Share it! More by this author |