How big is the 5G Core market | Market Scope & Insights

Q: What is the current size and forecast of the 5G core market?

The 5G core market was valued at USD 6.1 billion in 2024 and is projected to reach USD 25.4 billion by 2031, growing at a CAGR of 22.5%.

Q: Which segments are witnessing the fastest growth?

Standalone 5G networks, enterprise private 5G, and cloud-native cores.

Q: What drives the demand for 5G core networks?

Need for low-latency, scalable, and programmable networks supporting emerging technologies.

Q: What challenges affect the market?

Integration complexity, vendor interoperability, and high deployment costs.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA4719

Publication Date: Jul 2025

How big is the 5G Core Market?

According to 6Wresearch internal database and industry insights, the Global 5G core market was valued at approximately USD 6.1 billion in 2024 and is projected to reach USD 25.4 billion by 2031, growing at a CAGR of 22.5% during the forecast period.

This growth is fueled by the rising need for low-latency connectivity, scalable mobile network infrastructure, and widespread deployment of standalone 5G networks.

Key Growth Drivers of the 5G Core Market

Deployment of 5G standalone (SA) networks globally across telecom operators
Growing demand for network slicing, cloud-native architecture, and edge computing
Expansion of smart city and Industry 4.0 applications requiring real-time data flow
Rising data consumption and increasing connected device density
Government investments and spectrum auctions promoting 5G infrastructure

5G Core Market Trends

5G core market is shifting toward service-based architecture (SBA), allowing flexible and modular network functions. Cloud-native cores on private and public cloud environments are increasingly seen to be used by telcos because of their scaling capabilities. Network slicing is rapidly playing the keyboard to facilitate the various use cases such as AR/VR, autonomous transportation, and mission-critical products. There is also the trend towards integration of AI/ML in order to bring network optimization as well as self-healing capabilities to it. Additionally, telecom players are partnering with hyperscale’s to virtualize network functions and reduce infrastructure cost.

Emerging Developments in the 5G Core Market

Emerging developments include support for non-terrestrial networks (NTNs) and seamless interworking between 5G SA and legacy networks. Open RAN and cloud-native 5G core platforms are gaining traction for flexible deployment and vendor interoperability. Investments are rising in security-as-a-service within 5G core for managing threats in a hyperconnected ecosystem. Enterprises are exploring private 5G core deployments for specific industrial applications. Furthermore, low-power, high-efficiency edge cores are under testing for smart factories and logistics.