Network Slicing is a technology that allows a single physical network to be divided into multiple virtual networks, each tailored for specific applications or services. This means that different types of data traffic can be managed independently, ensuring that each slice meets the unique requirements of its users, such as speed, latency, and reliability. For example, in a 5G network, one slice could be optimized for high-speed internet for consumers, while another slice could be dedicated to IoT devices requiring low power and low latency. This flexibility enhances overall network efficiency and user experience.