The findings analyzed by GME indicated that the Global 5G Core Network Marketwill grow with a CAGR value of 50.2%, to hit USD xx billion by 2026. Growing technical developments in machine-to-machine communication networks and the adoption of IoT applications are likely to bring new opportunities to the global 5G core network market from 2021 to 2026. Furthermore, the rising demand for private 5G connections across enterprises, industrial sectors, and government clubbed with the increasing adoption of virtual networking architecture in the telecommunication industry will grow exponentially from 2021 to 2026.
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on "5G Core Network Market – Forecast to 2026"
https://www.globalmarketestimates.com/market-report/global-5g-core-network-market-2602
By Component (Services, Solutions), By Deployment Model (On-Premise, Cloud), By End-User (Enterprises, Telecom Operators), By Network Function (Network Exposure Function, Session Management Function, NF Repository Function, User Plane Function, Authentication Server Function, Network Slice Selection Function, Policy Control Function, Unified Data Management, Access, and Mobility Management Function, Application Function, Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights
- The 5G core network framework is the new 5th generation specification that supports the rising demands for high connectivity speed performance in both developed and developing nations.
- The growing adoption of cloud-based solutions is expected to boost market growth in the coming years.
- In 2020, the services segment will expand with the highest CAGR rate as compared to the solutions segment.
- Ericsson, Nokia, ZTE, Cisco, NEC, Athonet, Cumucore, HPE, Metaswitch, Huawei, Samsung, Affirmed Networks, Oracle, Casa Systems, Druid Software, Iplook, among others are the key players competing in this market.
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Type of Component Outlook (Revenue, USD Billion, 2021-2026)
- Services
- Managed Services
- Professional Services
- Solutions
Network Function Outlook (Revenue, USD Billion, 2021-2026)
- Network Exposure Function
- Session Management Function
- NF Repository Function
- User Plane Function
- Authentication Server Function
- Network Slice Selection Function
- Policy Control Function
- Unified Data Management
- Access, and Mobility Management Function
- Application Function
- Others
Deployment Model Outlook (Revenue, USD Billion, 2021-2026)
- Cloud
- On-Premises
End-User Outlook (Revenue, USD Billion, 2021-2026)
- Telecom Operators
- Enterprises
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
Central & South America
- Brazil
- Argentina
- Rest of CSA
Middle East & Africa
- Saudi Arabia
- UAE
- Rest of MEA
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