Global 5G Core Market Size Study & Forecast, by Component, by Network Function, by Deployment Model, by End User and Regional Forecasts 2025-2035

Description

The Global 5G Core Market is valued at approximately USD 5.51 billion in 2024 and is projected to expand at an extraordinary CAGR of nearly 72.0% over the forecast period 2025-2035. The 5G Core (5GC) serves as the central nervous system of next-generation networks, enabling ultra-reliable, low-latency, and high-speed connectivity that underpins emerging technologies. As digital ecosystems continue to evolve, 5G Core acts as the bedrock for transformative applications spanning from autonomous mobility to industrial IoT, immersive media, and mission-critical communications. Rising mobile data consumption, enterprise digital transformation, and government-backed 5G rollouts worldwide are propelling the market's momentum, while the convergence of cloud-native architectures and software-defined infrastructure further accelerates adoption.

The exponential growth of connected devices, coupled with skyrocketing demand for seamless digital experiences, has significantly fueled investment into 5G Core deployments. These deployments empower operators to optimize network efficiency, customize services dynamically, and scale up rapidly in response to surging demand. According to the GSMA, global 5G connections are forecasted to surpass 5 billion by 2030, underscoring the critical role of the 5G Core as the enabling technology behind this expansion. Moreover, the growing reliance on AI-driven orchestration, edge computing integration, and network slicing capabilities create unprecedented opportunities for innovation. Nonetheless, the market faces challenges from high infrastructure costs and cybersecurity concerns, though these are expected to be counterbalanced by ongoing R&D and collaborative industry partnerships.

The detailed segments and sub-segments included in the report are:

By Component:

Solutions
Services

By Network Function:

Access and Mobility Management Function (AMF)
Policy Control Function (PCF)
Unified Data Management (UDM)

By Deployment Model:

Cloud
On-premises

By End User:

Telecom Operators
Enterprises
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa
Among the diverse segments, Solutions are anticipated to dominate the market throughout the forecast horizon. The dominance of solutions stems from the sheer necessity of robust, cloud-native platforms that allow operators to manage dynamic network functions efficiently. Solutions form the structural backbone, driving interoperability, enhancing flexibility, and supporting network slicing at scale. While services are vital in delivering integration and lifecycle management, the rapid scaling of customized solutions for enterprise and operator-specific requirements makes this segment a clear frontrunner.
When assessing revenue contribution, Cloud-based deployments currently lead the market due to their scalability, agility, and cost-effectiveness compared to traditional infrastructure. Telecom operators and enterprises are increasingly embracing cloud-native frameworks, enabling real-time responsiveness and accelerating innovation cycles. While on-premises deployments remain critical for enterprises that demand heightened control and security, it is the cloud model that generates the lion's share of revenue. As hybrid deployments gain traction, the synergy between cloud flexibility and localized control will likely fuel even stronger momentum.
From a geographical perspective, North America held the dominant market share in 2025, supported by early adoption of 5G networks, extensive telecom infrastructure, and strong investment in R&D by leading technology companies. The United States, in particular, benefits from both public and private funding that accelerates large-scale deployments across industries. Meanwhile, Asia Pacific is poised to be the fastest-growing region during 2025-2035, fueled by massive consumer bases, government-backed initiatives, and surging demand for high-speed mobile connectivity in countries like China, India, and South Korea. Europe also remains a pivotal region, with strong emphasis on regulatory alignment and innovation-driven deployment strategies, particularly in Germany, France, and the UK.

Major market players included in this report are:

Huawei Technologies Co., Ltd.
Ericsson AB
Nokia Corporation
Cisco Systems, Inc.
Samsung Electronics Co., Ltd.
ZTE Corporation
NEC Corporation
Microsoft Corporation
IBM Corporation
Oracle Corporation
VMware, Inc.
Intel Corporation
Hewlett Packard Enterprise (HPE)
Qualcomm Technologies, Inc.
Google LLC

Global 5G Core Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of the competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global 5G Core Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global 5G Core Market Forces Analysis

3.1. Market Forces Shaping The Global 5G Core Market (2024-2035)
3.2. Drivers
- 3.2.1. Rising mobile data consumption
- 3.2.2. Enterprise digital transformation
3.3. Restraints
- 3.3.1. High infrastructure costs
3.4. Opportunities
- 3.4.1. Government-backed 5G rollouts worldwide

Chapter 4. Global 5G Core Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global 5G Core Market Size & Forecasts by Component 2025-2035

5.1. Market Overview
5.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
5.3. Solutions
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. Services
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035

Chapter 6. Global 5G Core Market Size & Forecasts by Network Function 2025-2035

6.1. Market Overview
6.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
6.3. Access and Mobility Management Function (AMF)
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. Policy Control Function (PCF)
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035
6.5. Unified Data Management (UDM)
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market size analysis, by region, 2025-2035

Chapter 7. Global 5G Core Market Size & Forecasts by Deployment Model 2025-2035

7.1. Market Overview
7.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
7.3. Cloud
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
7.4. On premises
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035

Chapter 8. Global 5G Core Market Size & Forecasts by End User 2025-2035

8.1. Market Overview
8.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
8.3. Telecom Operators
- 8.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.3.2. Market size analysis, by region, 2025-2035
8.4. Enterprises
- 8.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.4.2. Market size analysis, by region, 2025-2035
8.5. Others
- 8.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.5.2. Market size analysis, by region, 2025-2035

Chapter 9. Global 5G Core Market Size & Forecasts by Region 2025-2035

9.1. Growth 5G Core Market, Regional Market Snapshot
9.2. Top Leading & Emerging Countries
9.3. North America 5G Core Market
- 9.3.1. U.S. 5G Core Market
  - 9.3.1.1. Component breakdown size & forecasts, 2025-2035
  - 9.3.1.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.3.1.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.3.1.4. End User breakdown size & forecasts, 2025-2035
- 9.3.2. Canada 5G Core Market
  - 9.3.2.1. Component breakdown size & forecasts, 2025-2035
  - 9.3.2.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.3.2.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.3.2.4. End User breakdown size & forecasts, 2025-2035
9.4. Europe 5G Core Market
- 9.4.1. UK 5G Core Market
  - 9.4.1.1. Component breakdown size & forecasts, 2025-2035
  - 9.4.1.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.4.1.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.4.1.4. End User breakdown size & forecasts, 2025-2035
- 9.4.2. Germany 5G Core Market
  - 9.4.2.1. Component breakdown size & forecasts, 2025-2035
  - 9.4.2.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.4.2.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.4.2.4. End User breakdown size & forecasts, 2025-2035
- 9.4.3. France 5G Core Market
  - 9.4.3.1. Component breakdown size & forecasts, 2025-2035
  - 9.4.3.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.4.3.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.4.3.4. End User breakdown size & forecasts, 2025-2035
- 9.4.4. Spain 5G Core Market
  - 9.4.4.1. Component breakdown size & forecasts, 2025-2035
  - 9.4.4.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.4.4.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.4.4.4. End User breakdown size & forecasts, 2025-2035
- 9.4.5. Italy 5G Core Market
  - 9.4.5.1. Component breakdown size & forecasts, 2025-2035
  - 9.4.5.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.4.5.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.4.5.4. End User breakdown size & forecasts, 2025-2035
- 9.4.6. Rest of Europe 5G Core Market
  - 9.4.6.1. Component breakdown size & forecasts, 2025-2035
  - 9.4.6.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.4.6.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.4.6.4. End User breakdown size & forecasts, 2025-2035
9.5. Asia Pacific 5G Core Market
- 9.5.1. China 5G Core Market
  - 9.5.1.1. Component breakdown size & forecasts, 2025-2035
  - 9.5.1.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.5.1.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.5.1.4. End User breakdown size & forecasts, 2025-2035
- 9.5.2. India 5G Core Market
  - 9.5.2.1. Component breakdown size & forecasts, 2025-2035
  - 9.5.2.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.5.2.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.5.2.4. End User breakdown size & forecasts, 2025-2035
- 9.5.3. Japan 5G Core Market
  - 9.5.3.1. Component breakdown size & forecasts, 2025-2035
  - 9.5.3.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.5.3.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.5.3.4. End User breakdown size & forecasts, 2025-2035
- 9.5.4. Australia 5G Core Market
  - 9.5.4.1. Component breakdown size & forecasts, 2025-2035
  - 9.5.4.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.5.4.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.5.4.4. End User breakdown size & forecasts, 2025-2035
- 9.5.5. South Korea 5G Core Market
  - 9.5.5.1. Component breakdown size & forecasts, 2025-2035
  - 9.5.5.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.5.5.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.5.5.4. End User breakdown size & forecasts, 2025-2035
- 9.5.6. Rest of APAC 5G Core Market
  - 9.5.6.1. Component breakdown size & forecasts, 2025-2035
  - 9.5.6.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.5.6.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.5.6.4. End User breakdown size & forecasts, 2025-2035
9.6. Latin America 5G Core Market
- 9.6.1. Brazil 5G Core Market
  - 9.6.1.1. Component breakdown size & forecasts, 2025-2035
  - 9.6.1.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.6.1.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.6.1.4. End User breakdown size & forecasts, 2025-2035
- 9.6.2. Mexico 5G Core Market
  - 9.6.2.1. Component breakdown size & forecasts, 2025-2035
  - 9.6.2.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.6.2.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.6.2.4. End User breakdown size & forecasts, 2025-2035
9.7. Middle East and Africa 5G Core Market
- 9.7.1. UAE 5G Core Market
  - 9.7.1.1. Component breakdown size & forecasts, 2025-2035
  - 9.7.1.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.7.1.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.7.1.4. End User breakdown size & forecasts, 2025-2035
- 9.7.2. Saudi Arabia (KSA) 5G Core Market
  - 9.7.2.1. Component breakdown size & forecasts, 2025-2035
  - 9.7.2.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.7.2.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.7.2.4. End User breakdown size & forecasts, 2025-2035
- 9.7.3. South Africa 5G Core Market
  - 9.7.3.1. Component breakdown size & forecasts, 2025-2035
  - 9.7.3.2. Network Function breakdown size & forecasts, 2025-2035
  - 9.7.3.3. Deployment Model breakdown size & forecasts, 2025-2035
  - 9.7.3.4. End User breakdown size & forecasts, 2025-2035

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Huawei Technologies Co., Ltd.
- 10.2.1. Company Overview
- 10.2.2. Key Executives
- 10.2.3. Company Snapshot
- 10.2.4. Financial Performance (Subject to Data Availability)
- 10.2.5. Product/Services Port
- 10.2.6. Recent Development
- 10.2.7. Market Strategies
- 10.2.8. SWOT Analysis
10.3. Ericsson AB
10.4. Nokia Corporation
10.5. Cisco Systems, Inc.
10.6. Samsung Electronics Co., Ltd.
10.7. ZTE Corporation
10.8. NEC Corporation
10.9. Microsoft Corporation
10.10. IBM Corporation
10.11. Oracle Corporation
10.12. VMware, Inc.
10.13. Intel Corporation
10.14. Hewlett Packard Enterprise (HPE)
10.15. Qualcomm Technologies, Inc.
10.16. Google LLC