Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.41 Billion | USD 39.44 Billion | 41.80% | 2024 |
FrequentlyAsked Questions
The 5G core network is a crucial component of the 5G architecture, enabling advanced connectivity, low latency, and high-speed data transmission. Built on a service-based and cloud-native framework, it supports network slicing, seamless integration, and virtualization with edge computing.
The global 5G core network market is projected to grow due to the rapid adoption of IoT and connected devices, the increasing use of cloud-native and virtualized network architectures, and the integration of machine learning and AI in network management.
According to study, the global 5G core network market size was worth around USD 2.41 billion in 2024 and is predicted to grow to around USD 39.44 billion by 2034.
The CAGR value of the 5G core network market is expected to be approximately 41.80% from 2025 to 2034.
Emerging trends and innovations in the 5G Core Network Market include network slicing, cloud-native architecture, AI-driven automation, edge computing integration, and enhanced cybersecurity.
Asia Pacific is expected to lead the global 5G core network market during the forecast period.
The key players profiled in the global 5G core network market include Ericsson, Nokia Corporation, Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., Cisco Systems, Inc., ZTE Corporation, NEC Corporation, Affirmed Networks (a Microsoft company), Casa Systems, Inc., Hewlett Packard Enterprise (HPE), Oracle Corporation, VMware, Inc., Dell Technologies Inc., Fujitsu Limited, and Rakuten Symphony, Inc.
Stakeholders should adopt strategic partnerships, cloud-native deployments, AI-driven optimization, network slicing solutions, and continuous innovation to stay competitive in the market.
Key investment and partnership opportunities in the 5G Core Network Market include private 5G deployments, collaborations with cloud providers, edge computing integration, and network slicing solutions.
The report examines key aspects of the 5G core network market, including a detailed analysis of existing growth factors and restraints, as well as an examination of future growth opportunities and challenges that will impact the market.
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