target audience: TECH SUPPLIER Publication date: Feb 2024 - Document type: Market Perspective - Doc Document number: # EUR151853824
Can 5G Network Slicing Boost Consumer Market Revenues?
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Abstract
This IDC Market Perspective discusses the potential of the 5G slicing feature in boosting revenues in the 5G consumer market. It provides an overview of the European telecom market, highlighting the challenges and transformations it is undergoing. It also provides insights into the progress of European operators on 5G Standalone network architecture and 5G slicing services rollout and forecasts the market scenario for 5G slicing. The report further explores the opportunities presented by the 5G network slicing technology.
"5G network slicing has the potential to boost connectivity experiences by offering flexibility, security, improved performance, reduced congestion, and enhanced reliability," said Masarra Mohamed, research analyst, "5G network slicing enables telcos to reach a wider audience of consumers sensitive to mobile service quality and likely more willing to recognize a higher price of this connectivity service."