5G Core Market Size

Global 5G Core Market size was valued at USD 3.98 billion in 2023 and is poised to grow from USD 6.30 billion in 2024 to USD 247.03 billion by 2032, growing at a CAGR of 58.2% during the forecast period (2025-2032).

Growing demand for faster mobile network and data transfer speeds, rising investments in 5G infrastructure development, advancements in network slicing technologies, and shift of telecom operators towards cloud-native architectures are helping promote the demand for 5G core over the coming years.

Surging demand for faster internet and data connectivity on a global level from consumers as well as businesses is expected to primarily favor the demand for 5G core in the future. High demand for enhanced mobile broadband (eMBB) services for data-intensive use cases such as video conferencing, streaming, and virtual reality is also slated to create new opportunities for market players in the long run.

Growing deployment of 5G core networks are expanding the scope for network slicing to create multiple virtual networks on a single physical infrastructure. Advancements in network slicing technologies and growing need for tailored network solutions in different industry verticals are also expected to help boost revenue generation for 5G core providers. Telecom operators around the world are focusing on improving flexibility, scalability, and efficiency of their networks thereby promoting the adoption of cloud-native and service-based architectures in 5G core networks.

High investments in 5G infrastructure development by governments and telecommunication giants are also estimated to favor the global 5G core market growth going forward. On the contrary, high costs of deployment, challenges in integration with legacy systems, regulatory and standardization issues, and limited spectrum availability are estimated to be key constraints hindering the business scope of 5G core companies across the forecast period and beyond.

How Artificial Intelligence Can Optimize 5G Core?

Integrating artificial intelligence (AI) with 5G core can help improve its maintenance and operational capabilities. AI models can optimize the data traffic flow and efficiently manage 5G networks based on demand and peak loads. By integrating AI with 5G core, companies can also create intelligent network frameworks that are capable of operating autonomously without the need for oversight. Surging popularity of network artificial intelligence is also expected to create new opportunities for 5G core companies focusing on integrating AI with their offerings in the long run.

Which Startups are Making Waves in the Global 5G Core Industry?

Demand for rapid increase in 5G deployment and growing investments in 5G technology innovation are gaining traction and this is where some startups are shining. Here are some key startups that could change the future of 5G core in the long run.

• Movandi: Based in the United States and founded by Maryam Rofougaran and Reza Rofougaran, the startup specializes in 5G mmWave technologies to expedite deployment of 5G networks and infrastructure. Founded in 2016, the company is making significant advancements in the business landscape through partnerships and collaborations with telecom giants. The company has made notable collaborations with companies such as Qualcomm, Verizon, Rakuten, and Kyocera to expand the utilization of its novel 5G core technologies.

• Beijing Changkun Technology (BCT): Founded in 2020, the Chinese startup is expected to emerge as a key player in the 5G core business in China over the coming years. The company is known to offer 5G Smart Park solution that incorporates an integrated 5G base station and customized industrial CPE terminal. This solution helps BCT to build secure private networks for enterprises and expand its business scope across multiple industry verticals.