Product ID: UCMIG50C2013
5G Core Market Size, Share, Growth Analysis, By Component Outlook (Revenue, USD Million, 2018 - 2030)(Software, Services), By Deployment Outlook (Revenue, USD Million, 2018 - 2030)(On-premise, Cloud), By Network Function Outlook (Revenue, USD Million, 2018 - 2030)(Access and Mobility Management Function , Session Management Function), By Architecture Outlook (Revenue, USD Million, 2018 - 2030)(Service-based Architecture, Cloud Native Architecture), By End-user Outlook (Revenue, USD Million, 2018 - 2030)(Telecom Operators, Enterprises), By Regional Outlook (Revenue, USD Million, 2018 - 2030)(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG50C2013 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
5G Core Market Insights
Market Overview:
The global 5G core market witnessed a significant value of USD 2.76 billion in 2022, marking a strong foundation for future growth. According to market projections, this sector is poised to experience a remarkable compound annual growth rate (CAGR) of 30.7% from 2023 to 2030. This growth can be attributed to several factors, including the increasing adoption of 5G technology worldwide, the surge in demand for high-speed data transfer, and the need for ultra-low latency in various industries. As more countries embrace the benefits of 5G networks, the market is expected to expand further, leading to the development of advanced applications and services that harness the full potential of this transformative technology. With such rapid growth anticipated in the coming years, the 5G core market is set to revolutionize connectivity and enable a wide range of innovative solutions across industries.
5G Core Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
To get more reports on the above market click here to
Get Free Sample
Get Free Sample
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Wireless Telecommunication Services by segment aggregation, the contribution of the Wireless Telecommunication Services in Telecommunication Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
5G Core Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
