Market Forecast By Component (Solutions , Services), By Network Function (Access, Mobility Management Function, Policy Control Function, Unified Data Management), By Deployment Model (Cloud, On-premises), By End User (Telecom Operators, Enterprises) And Competitive Landscape
Product Code: ETC4379822 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The US 5G Core market report thoroughly covers the market by component, by network function, by deployment mode, by end user and competitive Landscape. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The United States 5G core market is undergoing significant growth and transformation, fueled by increasing demand for high-speed connectivity and advanced digital services. As the nation advances its telecommunications infrastructure, the 5G core market is becoming a focal point for innovation and investment. Moreover, regulatory developments and government initiatives are shaping the market dynamics, with policies aimed at promoting competition and ensuring security in 5G networks. In addition, the market is witnessing several notable trends that are shaping its trajectory and evolution. One significant trend is the rapid deployment and adoption of 5G networks across the country, driven by increasing demand for high-speed, low-latency connectivity. Another key trend is the emergence of new use cases and applications enabled by 5G technology, such as autonomous vehicles, augmented reality, and smart cities, which are driving innovation and investment in the market. Additionally, partnerships and collaborations between telecom companies, technology providers, and other stakeholders are becoming increasingly common, facilitating ecosystem growth and innovation in the 5G core market. Further, the market faces several challenges as it navigates the complexities of deploying and maintaining advanced telecommunications infrastructure. One significant challenge is the substantial investment required for building out 5G networks, including upgrading existing infrastructure and deploying new technologies like network slicing and edge computing. Additionally, the fragmented spectrum allocation landscape poses challenges for network operators, requiring coordination and negotiation with government agencies and other stakeholders.
According to 6Wresearch, US 5G Core market size is projected to grow at a CAGR of 38.4% during 2025-2031. The growth of the United States 5G core market is being propelled by several key drivers, fueling momentum and expansion in the telecommunications industry. One major growth driver is the escalating demand for high-speed, low-latency connectivity, as consumers and businesses increasingly rely on data-intensive applications and services. This demand is pushing telecom operators to invest heavily in upgrading their networks to 5G technology, driving revenue growth and market expansion. Additionally, the proliferation of Internet of Things (IoT) devices and the advent of new technologies such as autonomous vehicles and augmented reality are creating additional avenues for 5G adoption, further stimulating market growth. Moreover, government initiatives and policies aimed at promoting 5G deployment, coupled with incentives for infrastructure investment, are providing further impetus to market expansion. Furthermore, the competitive landscape among telecom operators, as well as the emergence of new players in the ecosystem, are driving innovation and driving the market forward. These growth drivers collectively contribute to the robust expansion and evolution of the United States 5G core market, shaping the future of telecommunications infrastructure and services nationwide.
Government initiatives play a pivotal role in shaping the trajectory of the United States 5G core market, as policymakers recognize the strategic importance of next-generation telecommunications infrastructure for national competitiveness and economic growth. One significant initiative is the Federal Communications Commission's (FCC) spectrum auctions and allocation efforts, which aim to make more spectrum available for 5G deployment, enabling operators to expand their networks and enhance coverage and capacity. Additionally, federal and state governments are investing in programs to accelerate the deployment of 5G infrastructure, including grants, tax incentives, and streamlined permitting processes, to facilitate the rollout of small cells, fiber networks, and other critical components. Similarly, these plans have heightened the US 5G Core Market Share. Moreover, initiatives focused on cyber security and supply chain resilience are gaining traction, as policymakers seek to mitigate risks associated with 5G network deployments and safeguard against potential threats. Furthermore, collaborative efforts between government agencies, industry stakeholders, and academia are driving research and development initiatives aimed at advancing 5G technologies and standards, ensuring that the United States remains at the forefront of global innovation in telecommunications.
In the United States 5G core market, several key players are shaping the landscape with their significant presence and influence. Verizon, a telecommunications giant, is at the forefront, leveraging its extensive infrastructure and substantial investments to deploy 5G networks across the nation. AT&T, another major player, is aggressively expanding its 5G footprint and investing in advanced technologies to deliver high-speed connectivity and innovative services. T-Mobile, following its merger with Sprint, has emerged as a formidable competitor, rapidly deploying 5G infrastructure and disrupting the market with its aggressive pricing and promotional strategies. Other notable players include equipment manufacturers like Nokia and Ericsson, providing essential infrastructure components and technologies to support 5G deployments. Additionally, technology companies such as Qualcomm and Intel are instrumental in driving innovation and advancing the development of 5G-enabled devices and chipsets. In addition, the businesses’ clutch massive US 5G Core Market Revenues. Further, these key players, along with a myriad of smaller regional carriers, infrastructure providers, and ecosystem partners, collectively contribute to the dynamic and competitive landscape of the United States 5G core market.
The future of the United States 5G core market holds immense promise, with several key factors shaping its trajectory and outlook. As 5G networks continue to expand and mature, the market is poised for exponential growth, driven by increasing demand for high-speed connectivity, low-latency applications, and emerging technologies like Internet of Things (IoT) and edge computing. Moreover, advancements in network virtualization, cloud-native architectures, and artificial intelligence are expected to further enhance the efficiency and capabilities of 5G core networks, enabling operators to deliver a wide range of innovative services and experiences to consumers and businesses alike. Furthermore, regulatory initiatives and government policies aimed at fostering competition, investment, and innovation in the telecommunications sector are likely to provide further momentum to market expansion. Collaboration and partnerships among industry stakeholders, as well as ongoing research and development efforts, will also play a crucial role in shaping the future of the United States 5G core market, positioning it as a key driver of digital transformation and economic growth in the years to come.
According to Ravi Bhandari, Research Head, 6Wresearch, the 5G core market is composed of various components that are critical to its function and scalability. Solutions are integral, encompassing the essential software and hardware required for the 5G infrastructure such as network functions, platforms, and end-to-end systems that facilitate swift and resilient data transmission. Services play a complementary role, including professional and managed services that ensure optimal deployment, operation, and maintenance of 5G networks, as well as customer support and training to leverage the full capabilities of 5G technology. Together, these components are key in enhancing the performance and efficiency of the 5G core ecosystem.
Within the rapidly expanding 5G core market, the main types of end users can be categorized as Telecom Operators and Enterprises. Telecom Operators are at the forefront of deploying 5G networks, working towards upgrading their infrastructure to support the high-speed, low-latency communication that 5G promises. They serve as the backbone of the 5G ecosystem, ensuring its availability across urban and eventually rural locales to meet growing consumer and business demands. On the other hand, Enterprises across a spectrum of industries ranging from manufacturing and healthcare to retail and transportation are adopting 5G solutions to enhance various aspects of their operations. This includes enabling IoT applications that drive automation, improving supply chain efficiency, and providing immersive customer experiences through augmented reality (AR) and virtual reality (VR) innovations. Both these segments are crucial drivers in the adoption and evolution of 5G technology.
The US 5G Core market report provides a detailed analysis of the following market segments:
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 United States (US) 5G Core Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) 5G Core Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) 5G Core Market - Industry Life Cycle |
3.4 United States (US) 5G Core Market - Porter's Five Forces |
3.5 United States (US) 5G Core Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 United States (US) 5G Core Market Revenues & Volume Share, By Network Function, 2021 & 2031F |
3.7 United States (US) 5G Core Market Revenues & Volume Share, By Deployment Model, 2021 & 2031F |
3.8 United States (US) 5G Core Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 United States (US) 5G Core Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) 5G Core Market Trends |
6 United States (US) 5G Core Market, By Types |
6.1 United States (US) 5G Core Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 United States (US) 5G Core Market Revenues & Volume, By Component, 2021 - 2031F |
6.1.3 United States (US) 5G Core Market Revenues & Volume, By Solutions , 2021 - 2031F |
6.1.4 United States (US) 5G Core Market Revenues & Volume, By Services, 2021 - 2031F |
6.2 United States (US) 5G Core Market, By Network Function |
6.2.1 Overview and Analysis |
6.2.2 United States (US) 5G Core Market Revenues & Volume, By Access, 2021 - 2031F |
6.2.3 United States (US) 5G Core Market Revenues & Volume, By Mobility Management Function, 2021 - 2031F |
6.2.4 United States (US) 5G Core Market Revenues & Volume, By Policy Control Function, 2021 - 2031F |
6.2.5 United States (US) 5G Core Market Revenues & Volume, By Unified Data Management, 2021 - 2031F |
6.3 United States (US) 5G Core Market, By Deployment Model |
6.3.1 Overview and Analysis |
6.3.2 United States (US) 5G Core Market Revenues & Volume, By Cloud, 2021 - 2031F |
6.3.3 United States (US) 5G Core Market Revenues & Volume, By On-premises, 2021 - 2031F |
6.4 United States (US) 5G Core Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 United States (US) 5G Core Market Revenues & Volume, By Telecom Operators, 2021 - 2031F |
6.4.3 United States (US) 5G Core Market Revenues & Volume, By Enterprises, 2021 - 2031F |
7 United States (US) 5G Core Market Import-Export Trade Statistics |
7.1 United States (US) 5G Core Market Export to Major Countries |
7.2 United States (US) 5G Core Market Imports from Major Countries |
8 United States (US) 5G Core Market Key Performance Indicators |
9 United States (US) 5G Core Market - Opportunity Assessment |
9.1 United States (US) 5G Core Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 United States (US) 5G Core Market Opportunity Assessment, By Network Function, 2021 & 2031F |
9.3 United States (US) 5G Core Market Opportunity Assessment, By Deployment Model, 2021 & 2031F |
9.4 United States (US) 5G Core Market Opportunity Assessment, By End User, 2021 & 2031F |
10 United States (US) 5G Core Market - Competitive Landscape |
10.1 United States (US) 5G Core Market Revenue Share, By Companies, 2024 |
10.2 United States (US) 5G Core Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |