Global 5G Core Market 2023-2029

Global 5G Core Market 2023-2029

5G Core (5GC) is the heart of a 5G mobile network. It establishes reliable, secure connectivity to the network for end users and provides access to its services. The 5G core uses a cloud-aligned service-based architecture (SBA) to support authentication, security, session management and aggregation of traffic from connected devices, all of which requires the complex interconnection of network functions. The global 5g core market was valued at USD 1,577 million in 2022 to USD 25,376 million by 2029, progressing at a CAGR of 48.7% from 2023 to 2029, according to Gen Consulting Company.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global 5g core market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the component, deployment mode, end user, and region. The global market for 5g core can be segmented by component: services, solutions. Among these, the solutions segment was accounted for the highest revenue generator in 2022. 5g core market is further segmented by deployment mode: cloud, on-premises. The cloud segment is estimated to account for the largest share of the global 5g core market. Based on end user, the 5g core market is segmented into: consumer, enterprises. The consumer segment held the largest share of the global 5g core market in 2022 and is anticipated to hold its share during the forecast period. On the basis of region, the 5g core market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2022, Asia-Pacific made up the largest share of revenue generated by the 5g core market.

Market Segmentation

By component: services, solutions

By deployment mode: cloud, on-premises

By end user: consumer, enterprises

By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report has also analysed the competitive landscape of the global 5g core market with some of the key players being Affirmed Networks Inc. (Microsoft Corporation), Athonet srl, Casa Systems, Inc., Cisco Systems Inc., Cumucore Oy, Druid Software Ltd., Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd., IPLOOK Technologies Co., Limited, Mavenir Systems, Inc., Metaswitch Networks Ltd. (Microsoft Corporation), NEC Corporation, Nokia Corporation, Oracle Corporation, Samsung Electronics Co., Ltd., Telefonaktiebolaget LM Ericsson, ZTE Corporation, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

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Scope of the Report To analyze and forecast the market size of the global 5g core market. To classify and forecast the global 5g core market based on component, deployment mode, end user, region. To identify drivers and challenges for the global 5g core market. To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global 5g core market. To identify and analyze the profile of leading players operating in the global 5g core market.Why Choose This Report Gain a reliable outlook of the global 5g core market forecasts from 2023 to 2029 across scenarios. Identify growth segments for investment. Stay ahead of competitors through company profiles and market data. The market estimate for ease of analysis across scenarios in Excel format. Strategy consulting and research support for three months. Print authentication provided for the single-user license.