Network Slicing will unleash full potential of 5G, the latest report and forecast from RAN Research, the wireless analytics arm of Rethink Technology Research. The report predicts that network slicing will accrue additional revenues of $16.1 billion by 2029 over and above what the infrastructures would have earned otherwise. Some more bullish forecasts have attributed all future revenues earned by 5G networks to slicing, which makes no sense because most of those would have been accrued anyway. The RAN Research report is careful to identify where revenues will be generated directly by 5G network slicing, examining the impact on six leading vertical industry sectors, as well as the different geographies.
The report found that manufacturing will generate the biggest network slicing revenues by 2029 at 19% of the total, with energy/utilities and healthcare joint second on 15% each. Logistics/transportation will be next at 13%, followed by government/public sector on 10% and media/entertainment on seven percent.