5G slicing will generate $20 billion in revenue
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Using network slicing, CSPs can offer varied service levels of network availability, throughput, latency, level of security, and several other performance indicators. This lays the groundwork for a more controllable and flexible connection environment without modifying the underlying infrastructure’s properties that provide the raw network capabilities.
A full slicing mechanism is expected by 2024, at which point 5G slicing will generate $20 billion in revenue, finds global tech market advisory firm ABI Research.
“There are three business drivers for 5G slicing. One, new services can be deployed with little or no disruption to existing services. Service agility is a challenge with today’s networks because the introduction of new services necessitates reconfiguration of underlying networks. Two, verticals can optimize network efficiency with a potentially lower cost. Shared network infrastructure is...