Physical industries are rapidly transforming on an unprecedented scale with digitization becoming a critical priority. End-to-end 5G network slicing is promised to be a growing part of that transformation but mobile service providers must change all aspects of their business before they address it.
ABI Research forecasts that network slicing stands to create approximately US$66 billion in value for enterprise verticals including manufacturing, logistics, and transportation by 2026.
5G network slicing has become the focus of much attention in part due to its intrinsic ability to afford flexibility and dedicated resources tuned to different industrial use cases. Legacy networks and wired technology dominate in the fragmented industrial environment of today, a rigid arrangement that is not conducive to high productivity levels.