Global 5G Core Network (5GC) Market Growth (Status and Outlook) 2023-2029

Global 5G Core Network (5GC) Market Growth (Status and Outlook) 2023-2029

LPI (LP Information)' newest research report, the “5G Core Network (5GC) Industry Forecast” looks at past sales and reviews total world 5G Core Network (5GC) sales in 2022, providing a comprehensive analysis by region and market sector of projected 5G Core Network (5GC) sales for 2023 through 2029. With 5G Core Network (5GC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 5G Core Network (5GC) industry.

This Insight Report provides a comprehensive analysis of the global 5G Core Network (5GC) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 5G Core Network (5GC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 5G Core Network (5GC) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 5G Core Network (5GC) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 5G Core Network (5GC).

The global 5G Core Network (5GC) market size is projected to grow from US$ 1258 million in 2022 to US$ 7375.9 million in 2029; it is expected to grow at a CAGR of 28.7% from 2023 to 2029.

Global key players of 5G Core Network (5GC) include Huawei, ZTE, Ericsson, Nokia, etc. Global top four manufacturers hold a share over 88%. The key players are mainly located in Europe and China. In terms of application, the largest application is smart transportation, with a share over 28%.

This report presents a comprehensive overview, market shares, and growth opportunities of 5G Core Network (5GC) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
5G Commercial Contract
5G Industry Application Contract

Segmentation by application
Smart Energy
Industrial Manufacturing
Smart Medical
Media Entertainment
Smart Transportation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Huawei
ZTE
Ericsson
Nokia

Please note: The report will take approximately 2 business days to prepare and deliver.