Press release
Global 5G Core Market: Exponential Growth Powered by Data Traffic Surge and Rapid Network Deployments
5G Core Market Outlook
What Is The Projected Market Size Of The Global 5G Core Market And Its Growth Rate?
• From $6.1 billion in 2024, the global 5G core market is expected to reach $10.52 billion in 2025, growing at a CAGR of 72.4%. Thereafter, it is projected to hit a staggering $105.06 billion by 2029 at a CAGR of 77.8%.
• This remarkable growth can be attributed to factors like increasing mobile data traffic, the demand for higher data speeds and low latency, and the proliferation of IoT.
• Rapid 5G network deployments, growth in enterprise and industrial 5G use cases, increased focus on network security, and the expansion of private 5G networks are other factors contributing to the exponential growth.
What Is Driving The Growth In The 5G Core Market?
The escalating scope of data traffic is an important driver of the 5G core market growth. Network traffic, referring to the volume of data being transmitted through a network at a specific point in time, is dramatically increasing. The enhancement in 5G core's capabilities for data traffic management provides superior service exposure and traffic steering features leading to efficient data traffic handling. For instance, Ericsson reported that global mobile data traffic hit roughly 90 EB per month in 2022 with expectations to surge nearly four times reaching 325 EB per month by 2028. This data traffic explosion is likely to push increased utilization of 5G core.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10080&type=smp
Who Are the Key Players Driving 5G Core Market Growth?
• Nokia Corporation
• Huawei Technologies Co. Ltd.
• Samsung Electronics Co. Ltd.
• Cisco Systems Inc.
• Affirmed Networks Inc.
• ZTE Corporation
• NEC Corporation
• Oracle Corporation
• Telefonaktiebolaget LM Ericsson
• Hewlett Packard Enterprise Company LP
• Mavenir Systems Inc.
• Druid Software Ltd.
• IPLOOK Technologies
• AT&T Inc.
• Orange SA
• VMware Inc.
• Athonet
• Ciena Corporation
• F5 Networks Inc.
• Altiostar Networks
• Parallel Wireless Pvt. Ltd
• Reliance Industries Limited
• Juniper Networks Inc.
• Amdocs
• Datang Telecom Group
• Alpha Networks Inc.
• Dell Technologies Inc.
• Bharti Airtel Limited
• Rakuten Mobile Inc.
What Are The Key Trends In The 5G Core Market?
• Network slicing for industry-specific applications
• Integration of edge computing in 5G core networks
• Adoption of open RAN (Radio Access Network)
• AI and automation for network optimization
• Enhancement of 5G network security
What Are The Segments Of The Global 5G Core Market?
1. Component: Solutions, Services
2. Deployment: Cloud, On-Premises
3. Network Function: Access and Mobility Management (AMF), Session Management Function (SMF), User Plane Function (UPF), Policy Control Function (PCF), Network Exposure Function (NEF), Network Repository Function (NRF), Unified Data Management (UDM), Authentication Server Function (AUSF), Application Function (AF), Network Slicing Selection Function (NSSF)
4. End-User: Telecom Operators, Enterprises
Which Region Leads The 5G Core Market?
Asia-Pacific was the largest region in the 5G core market in 2024 and is expected to be the fastest-growing region during the forecast period. The 5G core market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/5g-core-global-market-report
What Is Covered In The 5G Core Market Global Market Report?
- Market Size Analysis: Analyze the 5G Core Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the 5G Core Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall 5G Core Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the 5G Core Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/Customise?id=10080&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global 5G Core Market: Exponential Growth Powered by Data Traffic Surge and Rapid Network Deployments here
News-ID: 3830229 • Views: …
More Releases from The Business Research Company
Increasing Popularity Of Adventure Tourism And Outdoor Sports Due To Growing Dem …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Climbing Helmet Market Through 2025?
The market size of climbing helmets has significantly expanded in the past few years. This market is projected to rise from $1.23 billion in 2024 to $1.31 billion in 2025, experiencing a compound annual growth rate (CAGR)…
Ceramic Floor Tiles And Wall Tiles Market on Track for Strong Growth, Estimated …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Ceramic Floor Tiles And Wall Tiles Market Through 2025?
The market for ceramic floor and wall tiles has shown robust growth over the recent past. The market value is set to surge from $74.02 billion in 2024 to $78.88 billion in 2025,…
Top Market Shifts Transforming the Cement Manufacturing Equipment Market Landsca …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Cement Manufacturing Equipment Market Through 2025?
The market for cement manufacturing equipment has seen significant expansion over the past few years. The sector was valued at $10.08 billion in 2024 and is expected to reach $10.76 billion in 2025, with a compound…
The Surge In Contactless Transactions The Growth Of The Market Due To Growing De …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Card Personalization Services Market Through 2025?
The market size for card personalization services has seen robust growth lately, and it's predicted to surge from $3.50 billion in 2024 to $3.79 billion in 2025, with a compound annual growth rate (CAGR) of 8.2%.…
More Releases for Core
Overcoming Transmission Capacity Limitations: Multi-core Fiber and Hollow-core F …
As transmission capacity demand grows in communication networks, the capacity of traditional single-mode fiber (SMF) has reached the Shannon limit, around 100 Tbit/s. This limit is mainly determined by signal-to-noise ratio (SNR) and bandwidth. Although advanced coding techniques can help to push the boundaries further, the physical constraints of SMF are ultimately unavoidable. Solid-core optical fibers are increasingly unable to meet the needs for low-latency services, have severe nonlinearity, and…
2023-2029: Cold Core Process Core Shooter Market Trend And Analysis
Global Info Research's report offers key insights into the recent developments in the global Cold Core Process Core Shooter market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the…
Composite Core Mastery: Unleashing the Potential of Advanced Core Materials in C …
Core Material for Composites Market 2023 Forecast: Unveiling Opportunities and Growth
Core Material for Composites Market research report helps to recognize the market challenges and opportunities. Global Core Material for Composites Market report contains the recent forecast research for the predicted period. The report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape. This Report offers a complete evaluation of…
Vital Flex Core Review: Is Vital Flex Core Legit Or Fake? Read United States & C …
In the pursuit of a flat belly and a toned figure, individuals are constantly on the lookout for innovative fitness solutions. Thanks to advancements in technology, the fitness and weight reduction industries have witnessed the rise of groundbreaking devices like the Vital Flex Core. This remarkable gadget, currently trending in the United States and Canada, is revolutionizing the way people achieve their fitness goals through its cutting-edge electrical muscle stimulation…
Application Processor Market Future Outlook 2023-2029, Industry Demand, Trends, …
Application Processor Market is segmented by Type, by region, by profile, and by Application. This Report holds market analysis, growth, slopes, forecast, and complete strategies in the future. It also guides with planned and organized choices that include the necessary information to perform PEST, SWOT, and STEER analysis. Moreover, the Application Processor Market report analyses the vital performance and operational metrics so that you can plan robust business strategies. Along…
Balsa Core Core Composites Market: Competitive Dynamics & Global Outlook 2020-20 …
Global Info Research offers a latest published report on Balsa Core Core Composites Analysis and Forecast 2020-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Balsa Core Core Composites Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
Click to view the full report…
