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5G Core Market worth $29.35 billion by 2030, growing at a CAGR of 34.57% - Exclusive Report by 360iResearch
5G Core Market | 360iResearch
The Global 5G Core Market to grow from USD 3.67 billion in 2023 to USD 29.35 billion by 2030, at a CAGR of 34.57%.
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The 5G core (5GC) represents the next-generation network infrastructure designed to manage the enhanced throughput, low latency, and massive device connectivity demands of 5G technology. 5G core is based on a cloud-native service-based architecture that enables network slicing, creating numerous virtual networks on a single physical infrastructure, catering to various use cases and industries. 5GC supports a wide range of services with new capabilities, including high-speed mobile broadband, mission-critical applications, and massive IoT deployments. The primary drivers include the increasing demand for high-speed internet with low latency, the growth of smart cities, and the burgeoning IoT sector, which requires a robust network to support many devices. Additionally, innovation in autonomous vehicles, remote healthcare, and VR/AR technologies fuel the advancement and deployment of 5G core networks. However, restraints such as high initial investment costs, interoperability issues with legacy networks, and concerns regarding spectrum allocation and regulatory policies pose significant challenges. Furthermore, security and privacy issues related to handling large volumes of sensitive data can hinder adoption. Moreover, there is the potential for delivering transformative applications that can revolutionize industries, including manufacturing and entertainment. These factors are expected to foster innovation and accelerate the global deployment of 5G core networks with the proper investments and collaborations between telecom operators, government entities, and technology providers.
Market Segmentation & Coverage:
This research report categorizes the 5G Core Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Components, market is studied across Services and Solutions. The Services is further studied across Managed Services and Professional Services. The Services is projected to witness significant market share during forecast period.
Based on Network Functions, market is studied across Application Function, Authentication Server Function, Mobility Management Function, Network Exposure Function, Network Repository Function, Network Slice Selection Function, Policy Control Function, Session Management Function, Unified Data Management, and User Plane Function. The Mobility Management Function is projected to witness significant market share during forecast period.
Based on Deployment Model, market is studied across Cloud and On-Premises. The On-Premises is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Enterprises and Telecom Operators. The Telecom Operators is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the 5G Core Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the 5G Core Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the 5G Core Market, highlighting leading vendors and their innovative profiles. These include A10 Networks, Inc., Alepo, Amdocs, Casa Systems, Inc., Cisco Systems, Inc., Cumucore Oy, Dell Inc., Druid Software, Enea AB, Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd., Infosys Limited, Intel Corporation, IPLOOK Technologies, LG Corporation, Mavenir Systems, Inc., Microsoft Corporation, NEC Corporation, Nokia Corporation, Oracle Corporation, Qualcomm Incorporated, Qucell Networks by Innowireless Co., Ltd., Samsung Electronics Co., Ltd., Telefonaktiebolaget LM Ericsson, and ZTE Corporation.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. 5G Core Market, by Components
7. 5G Core Market, by Network Functions
8. 5G Core Market, by Deployment Model
9. 5G Core Market, by End-User
10. Americas 5G Core Market
11. Asia-Pacific 5G Core Market
12. Europe, Middle East & Africa 5G Core Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the 5G Core Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the 5G Core Market?
3. What is the competitive strategic window for opportunities in the 5G Core Market?
4. What are the technology trends and regulatory frameworks in the 5G Core Market?
5. What is the market share of the leading vendors in the 5G Core Market?
6. What modes and strategic moves are considered suitable for entering the 5G Core Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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