Published by Wanda Rich
Posted on April 22, 2025
Solution Segment to Dominate the 5G Core Market throughout the Forecast Period, States Fact.MR
The 5G core market revenues were estimated at US$ 1.1 billion in 2021 and are anticipated to grow at a CAGR of 26.7% during 2022-2032, according to a recently published Fact.MR report. By the end of 2032, the market is expected to reach US$ 14.6 billion. Solution held the largest market share of the 5G core market and is projected to register a CAGR of 72.5%, and this trend is likely to be continued with the projected CAGR of 26.7% in the next ten years.
The 5G core market is experiencing rapid growth, driven by the swift development of IoT infrastructure and next-gen wireless capabilities. With high-speed connectivity, low latency, and strong network capacity, 5G core supports the expansion of IoT and emerging technologies like eMBB, URLLC, mMTC, and time-critical communication. Its flexibility across public, private, and hybrid models, along with support for containerized and NFV-based deployment, enhances its appeal. Additionally, 5G core helps operators bridge the 4G-5G gap by enabling seamless omnichannel experiences.
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Key Takeaways from the Market Study:
Leading Players Driving Innovation in the 5G Core Market
Key industry participants like Ericsson; Huawei; Nokia; Samsung; ZTE; Cisco; Mavenir; NEC; Oracle; Athonet etc. are driving the 5G core industry.
Competitive Landscape
A number of regional and global players operate in this market. These companies compete based on the innovation of their solutions and their reach across geographies. A variety of strategies are being employed by companies to remain competitive in the 5G Core market.
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More Insights Available
Fact.MR, in its new offering, presents an unbiased analysis of the 5G Core market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of component (solution, services), by network functions (access and mobility management function, session management function, user plane function, policy control function, network exposure function, NF repository function, unified data management, authentication server function,application function, network slice selection function, others), by end-user (telecom operators, enterprises)across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
Check out More Related Studies Published by Fact.MR Research:
5G services market is set to reach a valuation of US$ 100.9 billion in 2024 and further increase at a CAGR of 45% to end up at US$ 4,146.3 billion by the year 2034.
5G network equipment market is poised to reach US$ 3.31 billion in 2024. As per the latest report by Fact.MR, sales of 5G network equipment are projected to increase at a 19.4% CAGR and reach US$ 19.5 billion by 2034-end.
5G fixed wireless access market is poised to reach a size of US$ 35.9 billion in 2024. Global demand for 5G FWA solutions is forecast to accelerate at a high-value CAGR of 34% and reach a market worth US$ 670.3 billion by 2034.
Small cell 5G network market has been valued at US$ 1.6 billion in 2024, as opined in the recently published industry report by Fact.MR. Further, revenue from the demand for small cell 5G network services is evaluated to increase at a 21.5% CAGR and reach a value of US$ 11.4 billion by the end of 2034.
6G market is valued at US$ 5 billion in 2023 and is predicted to bloat to US$ 300 billion by 2033, advancing at an astonishing CAGR of 50% during the forecast period (2023 to 2033).
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