5G Core Market Regional Analysis

What Makes Asia Pacific the Most Attractive Market for 5G core Providers?

The Asia Pacific region is slated to account for a prominent chunk of the global 5G core market share over the coming years. Rapidly surging demand for high-speed internet connectivity among consumers and growing investments in the deployment of new 5G networks by governments and telecom giants are helping cement the dominance of this region.

South Korea is estimated to remain a trailblazer in the Asia Pacific 5G core industry as it was the first country to deploy 5G networks on a large scale. Presence of telecommunication operators like SK Telecom, KT, and LG Uplus with their increased focus on improving 5G deployment are expected to help this country emerge as a top market for 5G core. The South Korean government played a crucial role in promoting the deployment of 5G in the country by deploying the Digital New Deal plans in 2021 and 2022 to promote 5G network expansion in the country.

Japan is also estimated to emerge as a key country for 5G core providers owing to the presence of a highly developed cellular network, frequent collaborations for 5G network advancements, and supportive government policies for 5G deployment. The Japanese government introduced tax credit for 5G companies back in 2021 to promote the advancement of 5G networks in the country.

Singapore is also emerging as a key country in the Asia Pacific region owing to its robust innovation ecocystem promoting 5G advancements. Collaborations between 5G innovators are crucial in advancing the adoption of 5G core in the country. For instance, in January 2025, Singtel, a renowned Singaporean telecommunications company collaborated with Singapore’s Defence Science and Technology Agency (DSTA) and the Home Team Science and Technology Agency (HTX) to deploy its novel 5G network slicing technologies to enhance defense and security of the country.

How Will the North America 5G core Market Fare in the Future?

North America is expected to witness a robust hike in demand for 5G core in the long run. Rapid adoption of advanced 5G technologies, high deployment of 5G private networks in industries, and surging use of autonomous technologies are helping create new opportunities for 5G core companies operating in this region.

Most revenue for 5G core companies operating in North America is expected to come from the United States. Presence of leading 5G providers such as AT&T Inc. Verizon Communications Inc. and T-Mobile USA Inc. In the country is also expected to bolster the high share going forward. Migration of on-premises 5G core towards cloud-native architecture in the country is also creating new business scope. For instance, in December 2024, Comcast announced that it had moved its 5G wireless core from on premise infrastructure into Amazon’s AWS cloud-native platform to offer next-generation 5G wireless services to its users.

Canada is also expected to be a highly opportune country for 5G core providers as emphasis on future-proofing network infrastructure and demand for low latency networks rises. In January 2024, Ericsson announced that it had partnered with Telus to launch and optimize its 5G standalone (5G SA) network in the Canadian market.

Will European 5G core Market Offer Good Returns?

Surging availability of spectrums across different frequencies, rising adoption of industrial automation, supportive government initiatives to favor 5G adoption, and launch of new smart city initiatives are making Europe a highly opportune region for 5G core companies on a global level.

Germany is projected to be an opportune country for 5G core providers owing to the presence of highest number of 5G subscribers in Europe. As per an article published on TeleGeography blog, Germany had around 33 million 5G subscribers and the United Kingdom had around 37 million 5G subscriptions from the 120 million in all of Europe in the mid 2024 period. Multiple telecommunication companies focusing on expanding their 5G coverage in Germany and the United Kingdom are helping them emerge as top markets in this region. Apart from these countries, Nordic countries such as Denmark, Finland, Norway, and Switzerland are also witnessing a robust hike in 5G adoption.