The "5G Core Market Size, Share & Trends Analysis Report By Component, By Deployment, By Network Function, By Architecture, By End-user, By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global 5G core market size is expected to reach USD 29.09 billion by 2030, growing at a CAGR of 30.7% from 2023 to 2030
The growth can be attributed to the rising demand for the deployment of 5G technologies across the globe. The growing demand for 5G deployment is driven by high speed, large coverage, higher bandwidth, and higher reduction in network energy usage. These benefits are driving 5G deployment, thereby driving the market's growth.
5G core contributes to various 5G functions within mobile networks that make communication possible. Some of these functions include authentication, authorization, and data and policy management, among others. 5G core is designed to guarantee high speed, power efficiency, and flexibility, thus driving its adoption. Additionally, the 5G core can be easily deployed on the cloud to provide 5G services and is highly scalable, which bodes well for the market's growth.
Key players are leveraging improved speeds and lower latency by launching new solutions through collaboration and partnerships. For instance, in January 2022, Telenor ASA announced a collaboration with Amazon Web Services, Inc. to expand its 5G core revolution. This collaboration is aimed to deliver new 5G and edge services to enterprise customers worldwide.
The COVID-19 pandemic resulted in significant delays in terms of 5G deployments across the globe. As a result of a reduction in network infrastructure spending, and a limited workforce, the 5G rollouts were delayed in most countries.
Moreover, a significant shortage of components due to supply chain disruptions further slowed down the deployment of 5G globally. The delay in the deployment of 5G adversely affected the demand for the 5G core. However, as the world recovers from the pandemic, the deployment of 5G will be accelerated, driving the growth of the 5G core.
5G Core Market Report Highlights
Competitive Landscape
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Outlook
3.2.2. Manufacturing & Technology Trends
3.3. Market Dynamics
3.4. Impact of the COVID-19 Pandemic
3.5. Industry Analysis Tools
Chapter 4. 5G Core Market: Component Estimates & Trend Analysis
4.1. Component Movement Analysis & Market Share, 2022 & 2030
4.2. 5G Core Market Estimates & Forecast, By Component
4.2.1. Software
4.2.2. Services
Chapter 5. 5G Core Market: Deployment Estimates & Trend Analysis
5.1. Deployment Movement Analysis & Market Share, 2022 & 2030
5.2. 5G Core Market Estimates & Forecast, By Deployment
5.2.1. On-Premise
5.2.2. Cloud
Chapter 6. 5G Core Market: Network Function Estimates & Trend Analysis
6.1. Network Function Movement Analysis & Market Share, 2022 & 2030
6.2. 5G Core Market Estimates & Forecast, By Network Function
6.2.1. Access and Mobility Management Function
6.2.2. Session Management Function
6.2.3. Policy Control Function
6.2.4. Network Exposure Function
6.2.5. NF Repository function
6.2.6. Unified Data Management
6.2.7. Authentication Server Function
6.2.8. Application Function
6.2.9. User Plane Function
6.2.10. Network Slice Selection Function
Chapter 7. 5G Core Market: Architecture Estimates & Trend Analysis
7.1. Architecture Movement Analysis & Market Share, 2022 & 2030
7.2. 5G Core Market Estimates & Forecast, By Architecture
7.2.1. Service-based Architecture
7.2.2. Cloud Native Architecture
Chapter 8. 5G Core Market: End-user Estimates & Trend Analysis
8.1. End-user Movement Analysis & Market Share, 2022 & 2030
8.2. 5G Core Market Estimates & Forecast, By End-user
8.2.1. Telecom Operators
8.2.2. Enterprises
Chapter 9. 5G Core Market: Regional Estimates & Trend Analysis
9.1. 5G Core Market: Regional Outlook
For more information about this report visit https://www.researchandmarkets.com/r/4npubw
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