ABI Research Releases Report on Network Slicing, Industry Verticals Market Data
January 29, 2021
Per a recent research from ABI Research, the demand for 5G slicing will be heightened by heavy industry verticals such as manufacturing, C-V2X, and logistics.
The report states that the three alone could generate revenues of $12 billion by 2026.
This report, titled, “Network Slicing and Industry Verticals market data report,” is part of the company’s 5G Core & Edge Networks research service, which includes research, data, and ABI Insights.
The research highlights three predominant business drivers for 5G slicing, they are as follows:
- New services can be deployed with little or no disruption to existing services
- Verticals can optimize network efficiency with potentially lower costs
- 5G slicing enables vertical partners to bring to market a wider range of services based on customized service level agreements (SLAs)
Due to the global economic rebound, it is likely that investments advance existing proof of concepts (PoCs) and trials to commercial deployments. The wholesale deployment of 5G slicing for private use requires more vertical engagements.
The company believes the industry should realign existing commercial arrangements to include vertical partners. Because of this, ABI says 5G slicing serves as an enabler toward that change.
For more information, visit www.abiresearch.com.