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 2022-2032.
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global 5G Core market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting markt growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the 5G Core market.
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Key findings of the 5G Core market study:
- Regional breakdown of the 5G Core market based on predefined taxonomy.
- Innovative manufacturing processes implemented by 5G Core vendors in detail.
- Region-wise and country-wise fragmentation of the 5G Core market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global 5G Core market.
Key Companies Profiled
- Ericsson
- Huawei
- Nokia
- Samsung
- ZTE
- Cisco
- Mavenir
- NEC
- Oracle
- Athonet
Competitive Landscape
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
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Queries addressed in the 5G Core market report:
- Why are the Smart Meter Data Manag ement market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global 5G Core market?
- Which regions are displaying the fastest growth in the 5G Core market?
- What are the underlying micro- macroeconomic factors affecting the global 5G Core market?
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