The global 5G Core Network market was valued at US$ 1323.2 million in 2022 and is projected to reach US$ 1956 million by 2029, at a CAGR of 5.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The 5G Core will be the heart of the network and acts as an anchor point for multi-access technologies. It needs to deliver a seamless service experience across fixed and wireless access technologies.
This report aims to provide a comprehensive presentation of the global market for 5G Core Network, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 5G Core Network. This report contains market size and forecasts of 5G Core Network in global, including the following market information:
- Global 5G Core Network Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global top five companies in 2022 (%)
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%.
We surveyed the 5G Core Network companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global 5G Core Network Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global 5G Core Network Market Segment Percentages, by Type, 2022 (%)
- Data Layer Network Function
- User Plane Network Functions
- Control Plane Network Functions
Global 5G Core Network Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global 5G Core Network Market Segment Percentages, by Application, 2022 (%)
- AMFAccess and Mobility Management Function)
- UDMUnified Data Management
- SMFSession Management Function)
- Others
Global 5G Core Network Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global 5G Core Network Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies 5G Core Network revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies 5G Core Network revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Qualcomm
- Intel
- Avago
- Skyworks
- Ericsson
- Samsung
- NEC
- Mediatek
- Cisco
- Marvell
- Qorvo
- Huawei
- LG
- NTT DoCoMo
- SK Telecom
- ZTE
- Nokia
Outline of Major Chapters:
Chapter 1: Introduces the definition of 5G Core Network, market overview.
Chapter 2: Global 5G Core Network market size in revenue.
Chapter 3: Detailed analysis of 5G Core Network company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of 5G Core Network in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.