Product Code: ETC13390553 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global 5G Core Market was valued at USD 2.1 Billion in 2024 and is expected to reach USD 19.6 Billion by 2031, growing at a compound annual growth rate of 12.60% during the forecast period (2025-2031).
The global 5G core market is experiencing significant growth due to the increasing demand for high-speed connectivity and enhanced network capabilities. With the rollout of 5G technology across various industries such as telecommunications, automotive, healthcare, and manufacturing, the market is expected to expand rapidly. Key drivers include the rising adoption of IoT devices, the need for low latency communication, and the surge in data traffic. Major players in the market are investing heavily in research and development to launch innovative solutions that can support the evolving needs of 5G networks. North America and Asia Pacific are leading regions in terms of market share, with Europe also showing substantial growth potential. Overall, the global 5G core market is poised for robust growth in the coming years, driven by technological advancements and increasing demand for high-performance networks.
The Global 5G Core Market is experiencing significant growth driven by the increasing adoption of 5G technology across various industries. Key trends include the deployment of cloud-native 5G core networks, virtualization of network functions, and the integration of technologies like AI and edge computing. Opportunities in the market are emerging from the demand for high-speed connectivity, low latency, and network slicing capabilities to support diverse applications such as IoT, autonomous vehicles, and smart cities. Additionally, the proliferation of connected devices and the need for network scalability are driving the expansion of the 5G core market. Vendors in the space are focusing on developing innovative solutions to address these needs and capitalize on the growing demand for advanced 5G network infrastructure.
The Global 5G Core Market faces several challenges, including interoperability issues among different vendors` products, security concerns related to the increased connectivity and data exchange in 5G networks, and the high initial investment required for infrastructure upgrades. Additionally, regulatory hurdles and varying spectrum availability across regions can hinder the seamless deployment of 5G technology. The evolution of standards and technologies in the rapidly changing landscape of telecommunications also presents a challenge for market players to stay competitive and meet the demands of consumers. Overall, navigating these challenges requires collaboration among industry stakeholders, continuous innovation, and strategic planning to ensure the successful adoption and integration of 5G core networks globally.
The Global 5G Core Market is primarily driven by the increasing demand for high-speed and low-latency connectivity to support emerging technologies such as Internet of Things (IoT), autonomous vehicles, and virtual reality. The deployment of 5G networks offers significant improvements in data transfer speeds and network reliability, enabling a wide range of innovative applications and services. Additionally, the growing adoption of cloud-based services and the need for network virtualization are driving the demand for advanced 5G core solutions. Furthermore, the rising trend of digital transformation across industries, coupled with the push towards Industry 4.0 initiatives, is fueling the demand for robust and efficient 5G core networks to meet the requirements of next-generation connectivity and communication technologies.
Government policies related to the Global 5G Core Market vary by country but generally focus on promoting innovation, ensuring security and privacy, and fostering competition. Many governments have allocated significant funding for 5G infrastructure development, including subsidies and tax incentives for telecom companies. Regulatory bodies are also implementing guidelines to address security concerns, such as data protection and network resilience. Additionally, some countries are encouraging collaboration between industry players and academic institutions to drive research and development in 5G technology. Overall, government policies aim to create a conducive environment for the growth of the Global 5G Core Market by balancing technological advancement with regulatory oversight to safeguard national interests and consumer welfare.
The Global 5G Core Market is expected to witness significant growth in the coming years, driven by the increasing adoption of 5G technology across various industries such as telecommunications, healthcare, automotive, and manufacturing. The deployment of 5G networks promises faster data speeds, lower latency, and higher network capacity, leading to enhanced connectivity and efficiency. With the rising demand for advanced communication services and the proliferation of Internet of Things (IoT) devices, the market for 5G core infrastructure is projected to expand rapidly. Key players in the industry are focusing on developing innovative solutions to support the evolving 5G ecosystem, including network slicing, edge computing, and virtualization technologies. As more countries roll out 5G networks and consumers embrace the benefits of high-speed connectivity, the Global 5G Core Market is poised for substantial growth in the foreseeable future.
In the Global 5G Core Market, Asia is expected to lead in terms of adoption and investment due to the rapid deployment of 5G infrastructure in countries like China, South Korea, and Japan. North America is also a key player with major telecom operators investing heavily in 5G technology. In Europe, there is a strong focus on developing regulatory frameworks to support 5G deployment, driving market growth. The Middle East and Africa region is witnessing increasing interest in 5G technology, particularly in countries like the UAE and South Africa. Latin America is also catching up, with countries like Brazil and Mexico making significant strides in 5G implementation, albeit at a slightly slower pace compared to other regions. Overall, the Global 5G Core Market is poised for significant growth across all regions.
Global 5G Core Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global 5G Core Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global 5G Core Market Revenues & Volume, 2021 & 2031F |
3.3 Global 5G Core Market - Industry Life Cycle |
3.4 Global 5G Core Market - Porter's Five Forces |
3.5 Global 5G Core Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global 5G Core Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Global 5G Core Market Revenues & Volume Share, By Network Function, 2021 & 2031F |
3.8 Global 5G Core Market Revenues & Volume Share, By Deployment Model, 2021 & 2031F |
3.9 Global 5G Core Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global 5G Core Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global 5G Core Market Trends |
6 Global 5G Core Market, 2021 - 2031 |
6.1 Global 5G Core Market, Revenues & Volume, By Component, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global 5G Core Market, Revenues & Volume, By Solutions , 2021 - 2031 |
6.1.3 Global 5G Core Market, Revenues & Volume, By Services, 2021 - 2031 |
6.2 Global 5G Core Market, Revenues & Volume, By Network Function, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global 5G Core Market, Revenues & Volume, By Access, 2021 - 2031 |
6.2.3 Global 5G Core Market, Revenues & Volume, By Mobility Management Function, 2021 - 2031 |
6.2.4 Global 5G Core Market, Revenues & Volume, By Policy Control Function, 2021 - 2031 |
6.2.5 Global 5G Core Market, Revenues & Volume, By Unified Data Management, 2021 - 2031 |
6.3 Global 5G Core Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global 5G Core Market, Revenues & Volume, By Cloud, 2021 - 2031 |
6.3.3 Global 5G Core Market, Revenues & Volume, By On-premises, 2021 - 2031 |
6.4 Global 5G Core Market, Revenues & Volume, By End User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global 5G Core Market, Revenues & Volume, By Telecom Operators, 2021 - 2031 |
6.4.3 Global 5G Core Market, Revenues & Volume, By Enterprises, 2021 - 2031 |
7 North America 5G Core Market, Overview & Analysis |
7.1 North America 5G Core Market Revenues & Volume, 2021 - 2031 |
7.2 North America 5G Core Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) 5G Core Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada 5G Core Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America 5G Core Market, Revenues & Volume, 2021 - 2031 |
7.3 North America 5G Core Market, Revenues & Volume, By Component, 2021 - 2031 |
7.4 North America 5G Core Market, Revenues & Volume, By Network Function, 2021 - 2031 |
7.5 North America 5G Core Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
7.6 North America 5G Core Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) 5G Core Market, Overview & Analysis |
8.1 Latin America (LATAM) 5G Core Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) 5G Core Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil 5G Core Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico 5G Core Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina 5G Core Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM 5G Core Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) 5G Core Market, Revenues & Volume, By Component, 2021 - 2031 |
8.4 Latin America (LATAM) 5G Core Market, Revenues & Volume, By Network Function, 2021 - 2031 |
8.5 Latin America (LATAM) 5G Core Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
8.6 Latin America (LATAM) 5G Core Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia 5G Core Market, Overview & Analysis |
9.1 Asia 5G Core Market Revenues & Volume, 2021 - 2031 |
9.2 Asia 5G Core Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India 5G Core Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China 5G Core Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan 5G Core Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia 5G Core Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia 5G Core Market, Revenues & Volume, By Component, 2021 - 2031 |
9.4 Asia 5G Core Market, Revenues & Volume, By Network Function, 2021 - 2031 |
9.5 Asia 5G Core Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
9.6 Asia 5G Core Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa 5G Core Market, Overview & Analysis |
10.1 Africa 5G Core Market Revenues & Volume, 2021 - 2031 |
10.2 Africa 5G Core Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa 5G Core Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt 5G Core Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria 5G Core Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa 5G Core Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa 5G Core Market, Revenues & Volume, By Component, 2021 - 2031 |
10.4 Africa 5G Core Market, Revenues & Volume, By Network Function, 2021 - 2031 |
10.5 Africa 5G Core Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
10.6 Africa 5G Core Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe 5G Core Market, Overview & Analysis |
11.1 Europe 5G Core Market Revenues & Volume, 2021 - 2031 |
11.2 Europe 5G Core Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom 5G Core Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany 5G Core Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France 5G Core Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe 5G Core Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe 5G Core Market, Revenues & Volume, By Component, 2021 - 2031 |
11.4 Europe 5G Core Market, Revenues & Volume, By Network Function, 2021 - 2031 |
11.5 Europe 5G Core Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
11.6 Europe 5G Core Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East 5G Core Market, Overview & Analysis |
12.1 Middle East 5G Core Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East 5G Core Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia 5G Core Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE 5G Core Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey 5G Core Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East 5G Core Market, Revenues & Volume, By Component, 2021 - 2031 |
12.4 Middle East 5G Core Market, Revenues & Volume, By Network Function, 2021 - 2031 |
12.5 Middle East 5G Core Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
12.6 Middle East 5G Core Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global 5G Core Market Key Performance Indicators |
14 Global 5G Core Market - Export/Import By Countries Assessment |
15 Global 5G Core Market - Opportunity Assessment |
15.1 Global 5G Core Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global 5G Core Market Opportunity Assessment, By Component, 2021 & 2031F |
15.3 Global 5G Core Market Opportunity Assessment, By Network Function, 2021 & 2031F |
15.4 Global 5G Core Market Opportunity Assessment, By Deployment Model, 2021 & 2031F |
15.5 Global 5G Core Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global 5G Core Market - Competitive Landscape |
16.1 Global 5G Core Market Revenue Share, By Companies, 2024 |
16.2 Global 5G Core Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |