5G Core Market
5G Core Market Analysis by Component (Solution, Services), by Network Functions (Session Management Function, User Plane Function, Policy Control Function, Network Exposure function), by Deployment Model, by End-User & Region - Global Forecast 2022 to 2032
Analysis of 5G Core market covering 30+ countries including analysis of U.S, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
5G Core Market Outlook (2022 to 2032)
Global revenue of 5G core in 2021 was held at US$ 1.1 Billion. Further, the market is projected to grow at a CAGR of 26.7% during 2022 to 2032.
Solution is expected to be the highest revenue generating component, with a projected growth of 25.5% during 2022 to 2032.
| Report Attribute | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2019 to 2021 |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; MEA |
| Key Countries Covered | U.S., U.K., China, Japan, South Korea, Germany, France, Italy, Spain, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE, Australia, India |
| Key Market Segments Covered | Component, Network Functions, End-User, Deployment Model, Region |
| Key Companies Profiled | Ericsson; Huawei; Nokia; Samsung; ZTE; Cisco; Mavenir; NEC; Oracle; Athonet |
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Revenue of 5G Core from 2019 to 2021 Compared to Demand Outlook for 2022 to 2032
As per the 5G core industry research by Fact.MR - a market research and competitive intelligence provider, historically, from 2019 to 2021, market value of the 5G core industry increased at around 72.5% CAGR, wherein, countries such as the US, China, UK and Japan held significant share in the global market.
5G core is the cornerstone of building a reliable 5G Network and securing end-user Connectivity. Owing to this, 5G core market is projected to grow at a CAGR of 26.7% over the coming 10 years.
- The 5G core market reached a valuation of US$ 1.1 Bn in 2021. Fact.MR estimates that 5G core revenue will grow 13.5X from 2022 to 2032, reaching nearly US$ 14.6 Bn in 2032.
- Solution held the highest CAGR of 25.5% in the market.
- US is expected to be the fastest growing market for 5G core, with a CAGR of 26.5%.
- Cloud deployment show the significant growth potential with a projected CAGR of 24.9% during the next ten years.
How 5G Core is Likely Become the Fuel of Next-gen IoT Drivetrain?
The key factors adding to the improvement of the 5G core market includes development of IOT infrastructure at a swift pace.
Next generation wireless network capabilities offer potential for revolutionary applications extending beyond smartphones and other mobile devices. 5G core is widely demanded due to high speed Internet connectivity, low latency and high network capacity which helps to eliminate the limitations to IoT expansion. These factors will continue to bolster the growth of 5G core market exponentially in the coming years.
The advent and spread of technologies such as Enhanced Mobile Broadband, Ultra Reliable Low Latency Communication, massive Machine Type Communication, and Time Critical Communication need a robust 5G infrastructure which can be promised by 5G core.
Through the implementation of 3GPP network architecture that enables fast speed, ultra-low latency, network reliability, coupled with higher bit rates, are expected to address several IT infrastructure challenges that may emerge in the connected community and workplaces.
Besides, the versatility of 5G core towards its application in public, private as well as hybrid deployment models, further promises its staggering growth in the forthcoming years. Besides, it supports both containerized as well as NFV-based deployment.
Furthermore, 5G core have been a boon for the operators who have been unprepared to switch to 5G, as it bridges the existing gap by creating an omni-channel experience for subscribers through addition of Wi-Fi offload into the operator’s network.
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How 5G Core is Being Effectively used for Mobile Network?
5G core is the core of a 5G versatile organization. It lays out dependable, secure availability to the organization for end clients and gives admittance to its administrations.
The fifth era of remote innovation 5G core addresses the changing spirit of availability and organization. Intended for greatest speed and limit, 5G core can possibly boundlessly grow how information is moved and will empower a wide scope of various newer applications and use cases that go beyond cell phone and mobile network applications.
Which Region is projected to Offer the Largest Opportunity for 5G Core?
5G core market is relied upon to develop at a significant rate in the forthcoming years. The market in North America has been growing at a CAGR of over 25% owing to the zeal of United States to pace up its connectivity. This increment is additionally because of the developing mindfulness among different shoppers across the region.
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Country-wise Analysis
Which Country Topped the Revenue Generation for 5G Core Market?
The U.S. dominated the market in 2021 accounting for over 36% share in the global market. 5G core consider liable for the fast turn of events and headway in the systems administration area and the expansion in the requirement for cloud-local and administration based foundation in cell innovation which are advancing the development of the U.S. market.
Category-wise Insights
What makes the Solution Largest Revenue Generator in 5G Core Market?
The quick ascent in the volume of information being conveyed by cellular networks has been driven to a great extent by customers and gigantic interest for video, and the shift of business toward the utilization of cloud administrations.
There are huge learning experiences for 5G core consumers as well as merchants. The commercialization of 5G administrations in ventures, for example, private 5G and the convenience of unlicensed and shared range are relied upon to shape the eventual fate of the 5G core market.
Which Deployment Model shows the Highest Potential over the Next Ten Years for 5G Core Market?
Cloud deployment show the significant potential for development in the 5G core market. The segment is projected to garner a growth of around 24.9% during the following decade.
By 2022, around 70% of the organizations will utilize mixture cloud or multi-cloud stages as component of an appropriated IT framework. It will mean information and handling can be taken care of in the cloud, however made open to gadgets quicker.
This innovation pattern will assist organizations with helping their speed and capacity to move rapidly, lessen intricacy, save costs and reinforce their online protection. The blend of 5G cell and cloud advancements will contribute significantly to the overall IT infrastructure’s development.
How Has COVID-19 Impacted Revenue Generation from 5G Core?
The effect of COVID-19 on 5G core was very little observed. Without being impacted, the 5G core industry generated revenue of US$ 1.1 Bn in 2021 and continued to develop at a pace of 72.5% throughout the last year. The justification behind the development of the business during the pandemic might be credited to the developing wellbeing worry of the clients during the pandemic.
Competitive Analysis
The key players such as ERICSSON; HUAWEI; NOKIA; SAMSUNG; ZTE. Adopt several organic and inorganic strategies to enhance their revenue and market standings.
Some of the recent developments of key 5G core providers are as follows:
- On Mar 15, 2022, Ericsson and Vodafone effectively finished the UK's first 5G independent network cutting preliminary in a joint lab show to encourage interest in 5G availability and committed execution for purchaser and business clients.
- In Feb 23, 2021, NOKIA declared the send-off of its Delos drive, a new and creative way to deal with dealing with the intricacy of 5G core programming conveyance and tasks, as well as set-up of CI/CD Services to assist correspondence with overhauling suppliers.
- In February, 2022 – Samsung Electronics Co., Ltd. announced that it will continue to collaborate with providers of chipsets, cloud platforms, and servers to expand the 5G vRAN ecosystem. The objective of this drive is to drive multiparty collaboration and innovation for the advancement of software-based networks. With this ecosystem, the providers continue to develop vRAN towards a more scalable, flexible network which will deliver carrier-grade performance, management and reliability.
Similarly, recent developments related to companies offering 5G core have been tracked by the team at Fact.MR, which are available in the full report.
Market Segments Covered in 5G Core Industry Analysis
-
By Component :
- Solution
- Services
- Professional services
- Managed Services
-
By Network Functions :
- Access and Mobility Management Function
- Session Management Function
- User Plane Function
- Policy Control Function
- Network Exposure function
- NF Repository Function
- Unified Data Management
- Authentication Server Function
- Application Function
- Network Slice Selection function
- Others
-
By End-User :
- Telecom Operators
- Enterprises
-
By Deployment Model :
- Cloud
- On-Premises
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background
- 5. Key Success Factors
- 6. Global Market Demand Analysis 2015 to 2021 and Forecast, 2022 to 2032
- 7. Global Market Value Analysis 2015 to 2021 and Forecast, 2022 to 2032
- 8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Component
- 8.1. Solution
- 8.2. Services
- 8.2.1. Professional services
- 8.2.2. Managed Services
- 9. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Network Functions
- 9.1. Access and Mobility Management Function
- 9.2. Session Management Function
- 9.3. User Plane Function
- 9.4. Policy Control Function
- 9.5. Network Exposure Function
- 9.6. NF Repository Function
- 9.7. Unified Data Management
- 9.8. Authentication Server Function
- 9.9. Application Function
- 9.10. Network Slice Selection Function
- 9.11. Others
- 10. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Deployment Model
- 10.1. Cloud
- 10.2. On-Premises
- 11. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By End-User
- 11.1. Telecom Operators
- 11.2. Enterprises
- 11.3. Device 5G Core
- 12. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region
- 12.1. North America
- 12.2. Latin America
- 12.3. Europe
- 12.4. Asia Pacific
- 12.5. Middle East and Africa (MEA)
- 13. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 14. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 15. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 16. Asia Pacific Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 17. Middle East and Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 18. Key Countries Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. ERICSSON
- 20.2. HUAWEI
- 20.3. NOKIA
- 20.4. SAMSUNG
- 20.5. ZTE
- 20.6. CISCO
- 20.7. MAVENIR
- 20.8. NEC
- 20.9. ORACLE
- 20.10. ATHONET
- 21. Assumptions and Acronyms Used
- 22. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Bn),By Component , 2019 to 2021
Table 2: Global Market Value (US$ Bn),By Component , 2022 to 2032
Table 3: Global Market Value (US$ Bn), By Network Functions , 2019 to 2021
Table 4: Global Market Value (US$ Bn), By Network Functions , 2022 to 2032
Table 5: Global Market Value (US$ Bn), By Deployment Model , 2019 to 2021
Table 6: Global Market Value (US$ Bn), By Deployment Model , 2022 to 2032
Table 7: Global Market Value (US$ Bn), By End-User , 2019 to 2021
Table 8: Global Market Value (US$ Bn), By End-User , 2022 to 2032
Table 9: Global Market, By Region, 2019 to 2021
Table 10: Global Market, By Region, 2022 to 2032
Table 11: North America Market Value (US$ Bn),By Component , 2019 to 2021
Table 12: North America Market Value (US$ Bn),By Component , 2022 to 2032
Table 13: North America Market Value (US$ Bn), By Network Functions , 2019 to 2021
Table 14: North America Market Value (US$ Bn), By Network Functions , 2022 to 2032
Table 15: North America Market Value (US$ Bn), By Deployment Model , 2019 to 2021
Table 16: North America Market Value (US$ Bn), By Deployment Model , 2022 to 2032
Table 17: North America Market Value (US$ Bn), By End-User , 2019 to 2021
Table 18: North America Market Value (US$ Bn), By End-User , 2022 to 2032
Table 19: North America Market, By Country, 2019 to 2021
Table 20: North America Market, By Country, 2022 to 2032
Table 21: Latin America Market Value (US$ Bn),By Component , 2019 to 2021
Table 22: Latin America Market Value (US$ Bn),By Component , 2022 to 2032
Table 23: Latin America Market Value (US$ Bn), By Network Functions , 2019 to 2021
Table 24: Latin America Market Value (US$ Bn), By Network Functions , 2022 to 2032
Table 25: Latin America Market Value (US$ Bn), By Deployment Model , 2019 to 2021
Table 26: Latin America Market Value (US$ Bn), By Deployment Model , 2022 to 2032
Table 27: Latin America Market Value (US$ Bn), By End-User , 2019 to 2021
Table 28: Latin America Market Value (US$ Bn), By End-User , 2022 to 2032
Table 29: Latin America Market, By Country, 2019 to 2021
Table 30: Latin America Market, By Country, 2022 to 2032
Table 31: Europe Market Value (US$ Bn),By Component , 2019 to 2021
Table 32: Europe Market Value (US$ Bn),By Component , 2022 to 2032
Table 33: Europe Market Value (US$ Bn), By Network Functions , 2019 to 2021
Table 34: Europe Market Value (US$ Bn), By Network Functions , 2022 to 2032
Table 35: Europe Market Value (US$ Bn), By Deployment Model , 2019 to 2021
Table 36: Europe Market Value (US$ Bn), By Deployment Model , 2022 to 2032
Table 37: Europe Market Value (US$ Bn), By End-User , 2019 to 2021
Table 38: Europe Market Value (US$ Bn), By End-User , 2022 to 2032
Table 39: Europe Market, By Country, 2019 to 2021
Table 40: Europe Market, By Country, 2022 to 2032
Table 41: Asia Pacific Market Value (US$ Bn),By Component , 2019 to 2021
Table 42: Asia Pacific Market Value (US$ Bn),By Component , 2022 to 2032
Table 43: Asia Pacific Market Value (US$ Bn), By Network Functions , 2019 to 2021
Table 44: Asia Pacific Market Value (US$ Bn), By Network Functions , 2022 to 2032
Table 45: Asia Pacific Market Value (US$ Bn), By Deployment Model , 2019 to 2021
Table 46: Asia Pacific Market Value (US$ Bn), By Deployment Model , 2022 to 2032
Table 47: Asia Pacific Market Value (US$ Bn), By End-User , 2019 to 2021
Table 48: Asia Pacific Market Value (US$ Bn), By End-User , 2022 to 2032
Table 49: Asia Pacific Market, By Country, 2019 to 2021
Table 50: Asia Pacific Market, By Country, 2022 to 2032
Table 51: MEA Market Value (US$ Bn),By Component , 2019 to 2021
Table 52: MEA Market Value (US$ Bn),By Component , 2022 to 2032
Table 53: MEA Market Value (US$ Bn), By Network Functions , 2019 to 2021
Table 54: MEA Market Value (US$ Bn), By Network Functions , 2022 to 2032
Table 55: MEA Market Value (US$ Bn), By Deployment Model , 2019 to 2021
Table 56: MEA Market Value (US$ Bn), By Deployment Model , 2022 to 2032
Table 57: MEA Market Value (US$ Bn), By End-User , 2019 to 2021
Table 58: MEA Market Value (US$ Bn), By End-User , 2022 to 2032
Table 59: MEA Market, By Country, 2019 to 2021
Table 60: MEA Market, By Country, 2022 to 2032
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List Of Figures
Figure 1: Global Market Value (US$ Bn) and Year-on-Year Growth, 2019 to 2032
Figure 2: Global Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Bn
Figure 3: Global Market Share, By Component , 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Projections, By Component – 2022 to 2032
Figure 5: Global Market Attractiveness Index, By Component – 2022 to 2032
Figure 6: Global Market Share, By Network Functions , 2022 & 2032
Figure 7: Global Market Y-o-Y Growth Projections, By Network Functions – 2022 to 2032
Figure 8: Global Market Attractiveness Index, By Network Functions – 2022 to 2032
Figure 9: Global Market Share, By End-User , 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Projections, By End-User – 2022 to 2032
Figure 11: Global Market Attractiveness Index, By End-User – 2022 to 2032
Figure 12: Global Market Share, By Deployment Model , 2022 & 2032
Figure 13: Global Market Y-o-Y Growth Projections, By Deployment Model – 2022 to 2032
Figure 14: Global Market Attractiveness Index, By Deployment Model – 2022 to 2032
Figure 15: Global Market Share, By Region, 2022 & 2032
Figure 16: Global Market Y-o-Y Growth Projections, By Region – 2022 to 2032
Figure 17: Global Market Attractiveness Index, By Region – 2022 to 2032
Figure 18: North America Market Value (US$ Bn) and Year-on-Year Growth, 2019 to 2032
Figure 19: North America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Bn
Figure 20: North America Market Share, By Component, 2022 & 2032
Figure 21: North America Market Y-o-Y Growth Projections, By Component – 2022 to 2032
Figure 22: North America Market Attractiveness Index, By Component – 2022 to 2032
Figure 23: North America Market Share, By Network Functions , 2022 & 2032
Figure 24: North America Market Y-o-Y Growth Projections, By Network Functions – 2022 to 2032
Figure 25: North America Market Attractiveness Index, By Network Functions – 2022 to 2032
Figure 26: North America Market Share, By End-User , 2022 & 2032
Figure 27: North America Market Y-o-Y Growth Projections, By End-User – 2022 to 2032
Figure 28: North America Market Attractiveness Index, By End-User – 2022 to 2032
Figure 29: North America Market Share, By Deployment Model , 2022 & 2032
Figure 30: North America Market Y-o-Y Growth Projections, By Deployment Model – 2022 to 2032
Figure 31: North America Market Attractiveness Index, By Deployment Model – 2022 to 2032
Figure 32: North America Market Share, By Country, 2022 & 2032
Figure 33: North America Market Y-o-Y Growth Projections, By Country – 2022 to 2032
Figure 34: North America Market Attractiveness Index, By Country – 2022 to 2032
Figure 35: Latin America Market Value (US$ Bn) and Year-on-Year Growth, 2019 to 2032
Figure 36: Latin America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Bn
Figure 37: Latin America Market Share, By Component, 2022 & 2032
Figure 38: Latin America Market Y-o-Y Growth Projections, By Component – 2022 to 2032
Figure 39: Latin America Market Attractiveness Index, By Component – 2022 to 2032
Figure 40: Latin America Market Share, By Network Functions , 2022 & 2032
Figure 41: Latin America Market Y-o-Y Growth Projections, By Network Functions – 2022 to 2032
Figure 42: Latin America Market Attractiveness Index, By Network Functions – 2022 to 2032
Figure 43: Latin America Market Share, By End-User , 2022 & 2032
Figure 44: Latin America Market Y-o-Y Growth Projections, By End-User – 2022 to 2032
Figure 45: Latin America Market Attractiveness Index, By End-User – 2022 to 2032
Figure 46: Latin America Market Share, By Deployment Model , 2022 & 2032
Figure 47: Latin America Market Y-o-Y Growth Projections, By Deployment Model – 2022 to 2032
Figure 48: Latin America Market Attractiveness Index, By Deployment Model – 2022 to 2032
Figure 49: Latin America Market Share, By Country, 2022 & 2032
Figure 50: Latin America Market Y-o-Y Growth Projections, By Country – 2022 to 2032
Figure 51: Latin America Market Attractiveness Index, By Country – 2022 to 2032
Figure 52: Europe Market Value (US$ Bn) and Year-on-Year Growth, 2019 to 2032
Figure 53: Europe Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Bn
Figure 54: Europe Market Share, By Component, 2022 & 2032
Figure 55: Europe Market Y-o-Y Growth Projections, By Component – 2022 to 2032
Figure 56: Europe Market Attractiveness Index, By Component – 2022 to 2032
Figure 57: Europe Market Share, By Network Functions , 2022 & 2032
Figure 58: Europe Market Y-o-Y Growth Projections, By Network Functions – 2022 to 2032
Figure 59: Europe Market Attractiveness Index, By Network Functions – 2022 to 2032
Figure 60: Europe Market Share, By End-User , 2022 & 2032
Figure 61: Europe Market Y-o-Y Growth Projections, By End-User – 2022 to 2032
Figure 62: Europe Market Attractiveness Index, By End-User – 2022 to 2032
Figure 63: Europe Market Share, By Deployment Model , 2022 & 2032
Figure 64: Europe Market Y-o-Y Growth Projections, By Deployment Model – 2022 to 2032
Figure 65: Europe Market Attractiveness Index, By Deployment Model – 2022 to 2032
Figure 66: Europe Market Share, By Country, 2022 & 2032
Figure 67: Europe Market Y-o-Y Growth Projections, By Country – 2022 to 2032
Figure 68: Europe Market Attractiveness Index, By Country – 2022 to 2032
Figure 69: MEA Market Value (US$ Bn) and Year-on-Year Growth, 2019 to 2032
Figure 70: MEA Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Bn
Figure 71: MEA Market Share, By Component, 2022 & 2032
Figure 72: MEA Market Y-o-Y Growth Projections, By Component – 2022 to 2032
Figure 73: MEA Market Attractiveness Index, By Component – 2022 to 2032
Figure 74: MEA Market Share, By Network Functions , 2022 & 2032
Figure 75: MEA Market Y-o-Y Growth Projections, By Network Functions – 2022 to 2032
Figure 76: MEA Market Attractiveness Index, By Network Functions – 2022 to 2032
Figure 77: MEA Market Share, By End-User , 2022 & 2032
Figure 78: MEA Market Y-o-Y Growth Projections, By End-User – 2022 to 2032
Figure 79: MEA Market Attractiveness Index, By End-User – 2022 to 2032
Figure 80: MEA Market Share, By Deployment Model , 2022 & 2032
Figure 81: MEA Market Y-o-Y Growth Projections, By Deployment Model – 2022 to 2032
Figure 82: MEA Market Attractiveness Index, By Deployment Model – 2022 to 2032
Figure 83: MEA Market Share, By Country, 2022 & 2032
Figure 84: MEA Market Y-o-Y Growth Projections, By Country – 2022 to 2032
Figure 85: MEA Market Attractiveness Index, By Country – 2022 to 2032
Figure 86: Asia Pacific Market Value (US$ Bn) and Year-on-Year Growth, 2019 to 2032
Figure 87: Asia Pacific Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Bn
Figure 88: Asia Pacific Market Share, By Component, 2022 & 2032
Figure 89: Asia Pacific Market Y-o-Y Growth Projections, By Component – 2022 to 2032
Figure 90: Asia Pacific Market Attractiveness Index, By Component – 2022 to 2032
Figure 91: Asia Pacific Market Share, By Network Functions , 2022 & 2032
Figure 92: Asia Pacific Market Y-o-Y Growth Projections, By Network Functions – 2022 to 2032
Figure 93: Asia Pacific Market Attractiveness Index, By Network Functions – 2022 to 2032
Figure 94: Asia Pacific Market Share, By End-User , 2022 & 2032
Figure 95: Asia Pacific Market Y-o-Y Growth Projections, By End-User – 2022 to 2032
Figure 96: Asia Pacific Market Attractiveness Index, By End-User – 2022 to 2032
Figure 97: Asia Pacific Market Share, By Deployment Model , 2022 & 2032
Figure 98: Asia Pacific Market Y-o-Y Growth Projections, By Deployment Model – 2022 to 2032
Figure 99: Asia Pacific Market Attractiveness Index, By Deployment Model – 2022 to 2032
Figure 100: Asia Pacific Market Share, By Country, 2022 & 2032
Figure 101: Asia Pacific Market Y-o-Y Growth Projections, By Country – 2022 to 2032
Figure 102: Asia Pacific Market Attractiveness Index, By Country – 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the current worth of the 5G Core market?
The global 5G core market is worth more than US$ 1.1 Bn at present.
What is the sales forecast for 5G Core?
Value of 5G core is projected to increase at a CAGR of around 26.7% during 2022 – 2032.
What was the last 5 year’s market CAGR?
Value of 5G core increased at a CAGR of around 72.5% during 2019 – 2021.
What is driving revenue for 5G Core?
The key factors driving the growth of the 5G core market include the growth in installation and adoption of 5G network and continuous advancements in Machine-to-Machine (M2M) communication technologies.
Which are the top 5 countries driving demand for 5G Core?
Top 5 countries driving demand for 5G core are U.S., U.K., China, Japan and South Korea.
What is the outlook for the market in North America?
U.S. accounted for over 26.5% of global 5G core demand in 2021.
At what percentage is sales of 5G Core expected to register growth in Europe?
The U.K. market for 5G core is projected to expand at a CAGR of around 25.6% during 2022 – 2032.
5G Core Market