Global 5G Network Slicing Market 2020-2025: Market Opportunity Analysis Including Configuration Management, Performance Management, Service Level Agreements
DUBLIN, Nov. 25, 2020 /PRNewswire/ -- The "5G Network Slicing by Infrastructure, Spectrum Band, Segment, Industry Vertical, Application and Services 2020 - 2025" report has been added to ResearchAndMarkets.com's offering.
This report evaluates enabling technologies and the market outlook for 5G network slicing. The report provides market opportunity analysis including Configuration Management, Performance Management, Service Level Agreements, and more.
The report also includes 5G Network Slicing by specific use cases such as Smart Manufacturing, which includes Remote Monitoring, Supply Chain Management, Asset Management, Real-Time Monitoring, and Network Monitoring. In addition, the report provides an assessment of major segments such as 5G network slicing in consumer, enterprise, and industrial IoT. The report includes global forecasts for each area covered as well as regional estimates for 5G network slicing by segment, RF band, application, and industry vertical through 2025.
As networks become increasingly more complex, we see service providers taking a more intent-based networking approach to network management. Accordingly, leading carriers are incorporating various forms of network optimization such as network slicing into their OSS/BSS capabilities. This will be particularly important with 5G as the use cases for future applications and services are many and varied in terms of type, industry vertical focus, and requirements.
Perhaps one of the most promising areas for carriers is to leverage 5G network slicing market capabilities to offer dynamic slicing with differentiated pricing based on customer needs and resource availability. Factors to consider for each slice allocation include bandwidth availability, latency support, and overall network elasticity to scale to customer needs. Additional factors that determine value and cost to the customer include network homogeneity, connection density, and type of connection.
Leading CSPs will also take an end-to-end approach to 5G network slicing that leverages disaggregation and virtualization of both radio and core network elements. In the core network, NFV and SDN capabilities are leveraged to meet QoS/QoE requirements, whereas in the radio network separation of radio access network (RAN) elements by real-time vs. static functions is important to 5G network slicing. 5G networks split the RAN into centralized and distributed units, enabling a virtualized RAN (vRAN).
By leveraging this separation of equipment and functions via the vRAN architecture, CSPs may allocate either static or dynamic resources with the former providing guaranteed allocation and the latter providing a shared resource with improved network optimization. This is all managed logically through mapping a network slice ID to a set of configuration rules in the RAN. Among other things, advantages include the ability to allocate slice-specific network functions in some cases and common control functions across network slices as use cases may dictate.
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