5G Core Market Report: Trends, Forecast and Competitive Analysis to 2030

5G Core Trends and Forecast

The future of the global 5G core market looks promising with opportunities in the telecom operators and enterprise markets. The global 5G core market is expected to reach an estimated $46.9 billion by 2030 with a CAGR of 55.1% from 2024 to 2030. The major drivers for this market are growing global demand for the implementation of 5G technologies, increasing number of linked devices and data traffic explosion, and machine-to-machine communication networks are developing quickly.

A more than 150-page report is developed to help in your business decisions.

5G Core by Segment

The study includes a forecast for the global 5G core by component, deployment model, architechture outlook, end use, and region.

5G Core Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Solutions
• Services

5G Core Market by Deployment Model [Shipment Analysis by Value from 2018 to 2030]:

• On-Premises
• Cloud

5G Core Market by Architechture Outlook [Shipment Analysis by Value from 2018 to 2030]:

• Service-Based Architecture
• Cloud Native Architecture

5G Core Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Telecom Operators
• Enterprises

5G Core Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of 5G Core Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies 5G core companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the 5G core companies profiled in this report include-

• Telefonaktiebolaget LM Ericsson
• Nokia Corporation
• Huawei Technologies
• Samsung Electronics
• Cisco Systems
• Hewlett Packard Enterprise Company
• Oracle Corporation
• Athonet
• Mavenir
• Affirmed Networks

5G Core Market Insights

Lucintel forecasts that services is expected to witness the higher growth over the forecast period because of managed services, encompassing installation, support, deployment, integration, and upkeep, as well as, global need for managed services is expected to rise as 5G non-standalone and standalone cores are adopted more frequently.

APAC is expected to witness highest growth over the forecast period due to growing need for high-speed internet access across a range of sectors, including manufacturing, healthcare, entertainment, and the automobile industry, as well as, enhancing collaborations and investments between the public and private sectors.

Features of the Global 5G Core Market

Market Size Estimates: 5G core market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: 5G core market size by various segments, such as by component, deployment model, architechture outlook, end use, and region in terms of value ($B).

Regional Analysis: 5G core market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different component, deployment model, architechture outlook, end use, and regions for the 5G core market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the 5G core market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the 5G core market size?

Answer: The global 5G core market is expected to reach an estimated $46.9 billion by 2030.

Q2. What is the growth forecast for 5G core market?

Answer: The global 5G core market is expected to grow with a CAGR of 55.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the 5G core market?

Answer: The major drivers for this market are growing global demand for the implementation of 5G technologies, increasing number of linked devices and data traffic explosion and machine-to-machine communication networks are developing quickly.

Q4. What are the major segments for 5G core market?

Answer: The future of the 5G core market looks promising with opportunities in the telecom operators and enterprise markets.

Q5. Who are the key 5G core market companies?

Answer: Some of the key 5G core companies are as follows.

• Telefonaktiebolaget LM Ericsson
• Nokia Corporation
• Huawei Technologies
• Samsung Electronics
• Cisco Systems
• Hewlett Packard Enterprise Company
• Oracle Corporation
• Athonet
• Mavenir
• Affirmed Networks

Q6. Which 5G core market segment will be the largest in future?

Answer: Lucintel forecasts that services is expected to witness the higher growth over the forecast period because of managed services, encompassing installation, support, deployment, integration, and upkeep, as well as, global need for managed services is expected to rise as 5G non-standalone and standalone cores are adopted more frequently.

Q7. In 5G core market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to growing need for high-speed internet access across a range of sectors, including manufacturing, healthcare, entertainment, and the automobile industry, as well as, enhancing collaborations and investments between the public and private sectors.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the 5G core market by component (solutions and services), deployment model (on-premises and cloud), architechture outlook (service-based architecture and cloud native architecture), end use (telecom operators and enterprises), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?