It may not be the next big thing after Bread Slices but it is a market worth USD 1909.5 million revenue by 2030 and could touch USD 3 billion by 2032. In 2021 alone, network slicing clocked USD 261.2 million in revenues as per Reports and Data estimates, while Future Market Insights pegs it at USD 370 million in 2022.
Put simply, network slicing happens when you start building several distinct virtualised and logical networks over a shared multi-domain infrastructure. The physical infrastructure need not be expanded but with slicing you can abstract it, slice it, and provision it for various areas as needed. The basic components are shared between networks but each slice is isolated for specific purposes.
Depending on the kind of use, latency, capacity, coverage, and throughput can be determined and dedicated for each slice. Every slice gets managed independently. Resources like computing power, storage, and bandwidth can be shared and dedicated among networks as required. You can use several tools and approaches for this to happen, like network function virtualisation, software-defined networking, automation, and orchestration. Once you can create independent logical mobile networks – network slices – on the same physical mobile network infrastructure, each slice can work like an isolated end-to-end network that can be purpose-designed for diverse requirements required by specific applications or customers.
"The potential of network slicing in monetising 5G is well understood and recognised by CSPs that have launched commercial 5G networks."
This story is from the May,2023 edition of Voice and Data.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May,2023 edition of Voice and Data.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Can US AI copyright law impact Indian policymaking?
The proposed Act suggests compensating original creators for content that is used to train Gen Al. This can be a good middle ground for many in tech to follow
Rise of the connected cars
Advanced features like 5G, IoT, and AI are reshaping the automotive industry in India, promising enhanced mobility and safety for drivers
Navigating chaos: Securing trust in digital communication
Amid rising fraud risks, CPaaS tools offer a lifeline. SMS, though vulnerable, remains pivotal for real-time alerts in a chaotic digital landscape
The silent communication warhorse
While 5G grabs the headlines, 4G LTE quietly fuels global mobile networks, enabling high-speed Internet and IoT growth with wide adoption and growth potential
HPE Launches Wi-Fi 7 APs for enhanced connectivity and security
Hewlett Packard Enterprise launched Wi-Fi 7 access points (APs), boasting up to 30% more wireless traffic capacity than competitors.
Getting ready for the great Indian switch
India's mobile landscape is undergoing a shift: from feature phones to feature-rich, affordable smartphones, driven by consumers' desire for a better user experience
Net neutrality takes a right turn again
Led by Biden's commitment to protecting the Open Internet, the recent FCC decision has brought the Net Neutrality debate back to the front
It is time to ghost the AI dating bots
As mobile apps and AI dating bots surge in popularity, addressing pressing concerns about privacy, data manipulation, and transparency is paramount
Will voice interfaces ever take off?
Voice as a primary user interface has shown flickers of promise but has never taken off. Today, with AI at hand, it is still failing to go mainstream
Mega deals paper some cracks for in-turmoil IT firms
Amid the tricky financial year 2023-24, IT firms saw losses in Pack revenue from their telecommunications clients-suggesting that a rejig could be in order