5G Core Market Statistics, Trends, and Key Players by 2031

MARKET INTRODUCTION

The 5G core market is gaining traction due to its cloud-native and service-based architecture that will improve the modularity of products with greater emphasis on low latency, URLLC, eMBB, and mMTC offerings. The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video, and the shift of business toward the use of cloud services. There are significant growth opportunities for 5G core vendors.

MARKET DYNAMICS

Telecom operators emphasize on eMBB services, industry 4.0 paved way for mMTC, development of smart infrastructure and differentiated 5G services via network slicing are some of the major factors driving the growth of the 5G core market. Moreover, low latency connectivity with URLLC and demand for private 5G across enterprises, government, and industrial sectors are some of the other factors anticipated to boost the growth of the market

MARKET SCOPE

The Global 5G Core Market Analysis to 2031 is a specialized and in-depth study of the 5G core market with a special focus on the global market trend analysis. The report aims to provide an overview of 5G core market with detailed market segmentation by component, functions, end user, deployment model. The global 5G core market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading 5G core market player and offers key trends and opportunities in the 5G core market.

MARKET SEGMENTATION

The global 5G core market is segmented on the basis of component, functions, end user, deployment model. On the basis of component, market is segmented as solution, services. On the basis of functions, market is segmented as AMF, SMF, UPF, PCF, NEF, NRF, others. On the basis of end user, market is segmented as telecom operators, enterprises. On the basis of deployment model, market is segmented as cloud, on-premises.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global 5G core market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The 5G core market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting 5G core market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the 5G core market in these regions.

MARKET PLAYERS

The reports cover key developments in the 5G core market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from 5G core market are anticipated to lucrative growth opportunities in the future with the rising demand for 5G core market. Below mentioned is the list of few companies engaged in the 5G core market.

The report also includes the profiles of key 5G core market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Nokia
  
•   Telefonaktiebolaget LM Ericsson
  
•   Huawei Technologies Co., Ltd.
  
•   ZTE Corporation
  
•   Samsung
  
•   Affirmed Networks
  
•   Mavenir
  
•   NEC Corporation
  
•   Cisco Systems, Inc
  
•   Hewlett Packard Enterprise Company
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

5G Core Report Scope