Powering NaaS – How 5G Network Slicing can Accelerate Business Growth
All the vital news, analysis, and commentary curated by our industry experts.
5G network slicing is a network architecture that allows virtualized and separate logical networks to be multiplexed on the same physical network infrastructure. It is a service-oriented network approach that can be realized through the principles of software-defined networking (SDN) and network function virtualization (NFV), which enable the development of flexible and scalable network slices on top of a common network infrastructure. The technology can play a critical role in supporting 5G mobile networks, which are designed to efficiently accept a diverse range of services with varying service level requirements (SLRs). This can eventually improve the Network-as-a-Service (NaaS) portfolio of Communication Service Providers (CSPs) and has the potential to help them build better business relations with their customers.
The 5G network slicing report examines how 5G network slicing is generating enterprise use cases to solve some of the critical sector bottlenecks. The report also highlights real-world innovation use cases and examples related to the implementation of 5G network slicing technology by companies as well as startups in the NaaS domain. Moreover, it casts light on how tech-enabled innovations are transforming every segment of cross-sector use case applications.
Impact of 5G Network on NaaS business model
NaaS, like any other cloud-based model, streamlines how businesses can manage and consume services, in this instance — networking. Instead of building up their own networking (which is expensive), enterprises can lease networking from a cloud provider using a NaaS architecture. Some of the key benefits of the 5G Network on the NaaS business model are listed below:
- 5G network slicing with software-based automation can enable NaaS vendors to create discrete, self-contained network segments partitioned on shared infrastructure.
- With 5G network slicing, NaaS providers will be able to provide customized connection solutions to fulfill tight SLRs or critical IoT use cases, such as those for a manufacturing facility or a hospital.
- Customization choices can include data transmission speed, service quality and performance, security and governance requirements, and even the services themselves.
- With a single network, NaaS vendors will be able to provide many services, lowering not just CapEx but also OpEx and allowing new 5G network services to be delivered much more quickly.
Key Sector Applications of 5G Network Slicing
- Energy & Utilities
- Financial Services
- Media & Entertainment
- Cross Sector
For more insights on how 5G network slicing is accelerating NaaS growth, download a free report sample
Market Report Overview
|Key sector applications||Energy & Utilities, Financial Services, Government, Media & Entertainment, Transportation, and Cross Sector|
Innovation Insights: innovation examples by each application segment of the sector to present key trends.
Innovations: presents real-world innovation use cases and examples related to the implementation of 5G network slicing technology by companies as well as startups in the NaaS domain. It casts light on how tech-enabled innovations are transforming every segment of cross-sector use case applications.
Reasons to Buy
- No surprise that technology has been a driving force in business transformation for years, but the term ‘emerging technologies’ has all of the sudden become the key catalyst to drive the next wave of innovation across sectors.
- The sense of urgency weighs different across different sectors, where the direct customer-facing sectors are at the forefront compared to other capital-intensive sectors. Companies in one sector can take cues from successful innovations in other sectors to either draw analogies with existing products, services, and processes or transfer strategic approaches for a revolutionary transformation.
- Against this backdrop, enterprises need to understand which emerging technologies are impacting their sector and how various companies are implementing them to meet various challenges.
- The innovation landscape report in 5G network slicing published by GlobalData covers some of the key trends, use cases, and real-world examples related to the implementation of emerging technologies across several cross-sector applications.
Applied Science and Technology Research Institute Company Limited
Cisco Systems Thailand
Hong Kong Telecom
State Grid Corporation of China
UK Power Networks
Table of Contents
Table of Contents
Key benefits of 5G network slicing
Generic architecture overview
Salient advantages of NaaS model
Innovation examples by sector applications
- Energy & Utilities
- Financial Services
- Media & Entertainment
- Cross Sector
Major implementation challenges
Frequently asked questions
What are the key sector applications of 5G network slicing?
The key sector applications of 5G network slicing are energy & utilities, financial services, government, media & entertainment, transportation, and cross sector.
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