5G Core Market—Forecast till 2027

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The global 5G core market is anticipated to witness a substantial CAGR of 52.7% to surpass USD 16,145.1 million during the review period.

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Description

5G Core Market-Forecast till 2027

Market Overview
The global 5G core market is anticipated to witness a substantial CAGR of 52.7% to surpass USD 16,145.1 million during the review period.
The 5G network connects end users to the network and gives them access to its services reliably.

The center space is responsible for a wide scope of mobile network operations, including availability and versatility of the board, validation and approval, subscriber information for the executives, and strategy for the board. 5G center network services are altogether software-based and cloud-local, giving more prominent arrangement deftness and adaptability regardless of the fundamental cloud infrastructure.

Industry experts specified how the center network should develop to serve the needs of 5G New Radio (NR) and the high-level use cases presented by it with the appearance of 5G. They worked together to make the 5G center 3GPP standard for center networks (5GC).

The global 5G Core market is expected to register a significant market expansion owing to the increasing demand for cloud–Native and Service-based Architecture and the development of smart infrastructure. However, the data security concerns in the 5G Core Network are anticipated to restrain the global market during the review period.

Segment Overview
The global 5G core market has been segmented into component, deployment mode, network functions, end-user, and region.

Based on components, the global market has been categorized into solutions and services, Further services are bifurcated into professional services, managed services. In terms of deployment mode type, the 5G core market has been bifurcated into cloud and on-premises.

In terms of network functions, the global market has been classified into AMF (Access and Mobility Management Function), NEF (Network Exposure Function), NRF (NF Repository Function), UDM (Unified Data Management), SMF (Session Management Function), UPF (User Plane Function), PCF (Policy Control Function), AUSF (Authentication Server Function), AF (Application Function), NSSF (Network Slice Selection Function) and others.

Based on the end-user segment, the global 5G core market is divided into consumers and enterprises.

Regional Analysis
The 5G center market has been studied across Asia-Pacific, North America, Europe, and the Rest of the World. Asia-Pacific represented the largest piece of the pie of 79.09% in 2020 it is relied upon to register a CAGR of 44.9% during the forecast time frame.

This can be ascribed to the continuous improvement in the networking sector and the increase in the requirement for cloud-local and service-based engineering are advancing the development of the Asia-Pacific market

The European 5G center market is relied upon to develop because of the developing number of mobile gadget entrance, enterprises fostering their own applications, high advancement dynamics, and information security regulations are the significant driving factors of the market in Germany

The Chinese medical services sector has been developing at a quick rate because the developing interest in smart infrastructure across the area is the key element impacting the development of the market.

Major Players
The major market players of the global 5G market are Nokia Corporation (Ireland), Telefonaktiebolaget LM Ericsson (Sweden), NEC Corporation (Japan), Cisco Systems Inc. (US), Hewlett Packard Enterprise Development LP (US), Oracle Corporation (US), Huawei Technologies Co.Ltd.(China), ZTE Corporation (China), Samsung Electronics Co.Ltd.(South Korea), Affirmed Networks (US), Mavenir (US), Athonet (Italy), Casa Systems (US), Cumucore (Finland), and Druid Software (Ireland).

COVID 19 Impacts
We are continuously tracking the impact of COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

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Table of Contents

TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 GROWING DEMAND FOR CLOUD-NATIVE & SERVICE-BASED ARCHITECTURE
4.2.2 DEVELOPMENT OF SMART INFRASTRUCTURE
4.2.3 RAPID DEVELOPMENT IN IOT
4.3 RESTRAINTS
4.3.1 DATA SECURITY CONCERNS IN 5G CORE NETWORK
4.4 OPPORTUNITY
4.4.1 DEMAND FOR 5G PRIVATE NETWORK ACROSS ENTERPRISES, GOVERNMENTS, AND INDUSTRIAL SECTORS
4.5 CHALLENGE
4.5.1 HEAVY SPENDING ON DEPLOYING 5G CORE
4.6 IMPACT OF COVID-19 ON THE MARKET
4.6.1 IMPACT ON 5G ROLLOUT
4.6.2 IMPACT ON IT INDUSTRY
4.6.3 IMPACT ON TELECOMMUNICATION INDUSTRY
4.6.4 IMPACT ON OVERALL MARKET Y-O-Y FROM 2020 TO 2027
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS/SUPPLY CHAIN ANALYSIS
5.1.1 INTRODUCTION
5.1.2 ELECTRICAL COMPONENT PROVIDERS
5.1.3 RADIO ACCESS NETWORK (RAN)
5.1.4 CORE NETWORK
5.1.5 SYSTEM INTEGRATORS/ DISTRIBUTORS
5.1.6 APPLICATION
5.2 PORTER’S FIVE FORCES MODEL
5.2.1 THREAT OF NEW ENTRANTS
5.2.2 BARGAINING POWER OF SUPPLIERS
5.2.3 THREAT OF SUBSTITUTES
5.2.4 BARGAINING POWER OF BUYERS
5.2.5 INTENSITY OF RIVALRY
6 GLOBAL 5G CORE MARKET, BY COMPONENT
6.1 OVERVIEW
6.1.1 GLOBAL 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
6.2 SOLUTIONS
6.3 SERVICES
6.3.1 PROFESSIONAL SERVICES
6.3.2 MANAGED SERVICES
7 GLOBAL 5G CORE MARKET, BY DEPLOYMENT MODE
7.1 OVERVIEW
7.1.1 GLOBAL 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
7.2 CLOUD
7.3 ON-PREMISES
8 GLOBAL 5G CORE MARKET, BY NETWORK FUNCTIONS
8.1 OVERVIEW
8.2 ACCESS AND MOBILITY MANAGEMENT FUNCTION (AMF)
8.3 SESSION MANAGEMENT FUNCTION (SMF)
8.4 USER PLANE FUNCTION (UPF)
8.5 POLICY CONTROL FUNCTION (PCF)
8.6 NEF (NETWORK EXPOSURE FUNCTION)
8.7 NF REPOSITORY FUNCTION (NRF)
8.8 UNIFIED DATA MANAGEMENT (UDM)
8.9 AUTHENTICATION SERVER FUNCTION (AUSF)
8.10 APPLICATION FUNCTION (AF)
8.11 NETWORK SLICE SELECTION FUNCTION (NSSF)
8.12 OTHERS
9 GLOBAL 5G CORE MARKET, BY END USER
9.1 OVERVIEW
9.1.1 GLOBAL 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
9.2 CONSUMER
9.3 ENTERPRISES
10 GLOBAL 5G CORE MARKET, BY REGION
10.1 OVERVIEW
10.1.1 GLOBAL 5G CORE MARKET, BY REGION, 2020 VS 2027 (USD MILLION)
10.1.2 GLOBAL 5G CORE MARKET, BY REGION, 2020–2027 (USD MILLION)
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: 5G CORE MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
10.2.2 NORTH AMERICA 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.2.3 NORTH AMERICA 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.2.4 NORTH AMERICA 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.2.5 US
10.2.5.1 US 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.2.5.2 US 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.2.5.3 US 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.2.6 CANADA
10.2.6.1 CANADA 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.2.6.2 CANADA 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.2.6.3 CANADA 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.2.7 MEXICO
10.2.7.1 MEXICO 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.2.7.2 MEXICO 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.2.7.3 MEXICO 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.3 EUROPE
10.3.1 EUROPE: 5G CORE MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
10.3.2 EUROPE 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.3.3 EUROPE 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.3.4 EUROPE 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.3.5 GERMANY
10.3.5.1 GERMANY 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.3.5.2 GERMANY 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.3.5.3 GERMANY 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.3.6 FRANCE
10.3.6.1 FRANCE 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.3.6.2 FRANCE 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.3.6.3 FRANCE 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.3.7 UK
10.3.7.1 UK 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.3.7.2 UK 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.3.7.3 UK 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.3.8 REST OF EUROPE
10.3.8.1 REST OF EUROPE 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.3.8.2 REST OF EUROPE 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.3.8.3 REST OF EUROPE 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.4 ASIA-PACIFIC
10.4.1 ASIA-PACIFIC: 5G CORE MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
10.4.2 ASIA-PACIFIC 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.4.3 ASIA-PACIFIC 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.4.4 ASIA-PACIFIC 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.4.5 CHINA
10.4.5.1 CHINA 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.4.5.2 CHINA 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.4.5.3 CHINA 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.4.6 JAPAN
10.4.6.1 JAPAN 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.4.6.2 JAPAN 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.4.6.3 JAPAN 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.4.7 INDIA
10.4.7.1 INDIA 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.4.7.2 INDIA 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.4.7.3 INDIA 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.4.8 REST OF ASIA-PACIFIC
10.4.8.1 REST OF ASIA-PACIFIC 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.4.8.2 REST OF ASIA-PACIFIC 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.4.8.3 REST OF ASIA-PACIFIC 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.5 MIDDLE EAST & AFRICA
10.5.1 MIDDLE EAST & AFRICA 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.5.2 MIDDLE EAST & AFRICA 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.5.3 MIDDLE EAST & AFRICA 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
10.6 SOUTH AMERICA
10.6.1 SOUTH AMERICA 5G CORE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
10.6.2 SOUTH AMERICA 5G CORE MARKET, BY DEPLOYMENT MODE, 2020–2027 (USD MILLION)
10.6.3 SOUTH AMERICA 5G CORE MARKET, BY END USER, 2020–2027 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 MARKET SHARE ANALYSIS
11.3 COMPETITIVE BENCHMARKING
11.4 COMPETITOR DASHBOARD
11.5 KEY DEVELOPMENTS & GROWTH STRATEGIES
11.5.1 PRODUCT LAUNCHES/PRODUCT DEVELOPMENTS/SERVICE DEPLOYMENTS
11.5.2 MERGER-ACQUISITION/ DEPLOYMENT/ PARTNERSHIP/JOINT VENTURE
12 COMPANY PROFILES
12.1 AFFIRMED NETWORKS
12.1.1 COMPANY OVERVIEW
12.1.2 FINANCIAL OVERVIEW
12.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.4 KEY DEVELOPMENTS
12.2 ATHONET
12.2.1 COMPANY OVERVIEW
12.2.2 FINANCIAL OVERVIEW
12.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2.4 KEY DEVELOPMENTS
12.3 CASA SYSTEMS
12.3.1 COMPANY OVERVIEW
12.3.2 FINANCIAL OVERVIEW
12.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.3.4 KEY DEVELOPMENTS
12.3.5 SWOT ANALYSIS
12.3.6 KEY STRATEGIES
12.4 CUMUCORE
12.4.1 COMPANY OVERVIEW
12.4.2 FINANCIAL OVERVIEW
12.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.4.4 KEY DEVELOPMENTS
12.5 NEC CORPORATION
12.5.1 COMPANY OVERVIEW
12.5.2 FINANCIAL OVERVIEW
12.5.3 PRODUCTS OFFERED
12.5.4 KEY DEVELOPMENTS
12.5.5 SWOT ANALYSIS
12.5.6 KEY STRATEGIES
12.6 CISCO SYSTEMS INC.
12.6.1 COMPANY OVERVIEW
12.6.2 FINANCIAL OVERVIEW
12.6.3 PRODUCTS OFFERED
12.6.4 KEY DEVELOPMENTS
12.6.5 SWOT ANALYSIS
12.6.6 KEY STRATEGIES
12.7 SAMSUNG ELECTRONICS CO.LTD.
12.7.1 COMPANY OVERVIEW
12.7.2 FINANCIAL OVERVIEW
12.7.3 PRODUCTS OFFERED
12.7.4 KEY DEVELOPMENTS
12.7.5 SWOT ANALYSIS
12.7.6 KEY STRATEGIES
12.8 HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP
12.8.1 COMPANY OVERVIEW
12.8.2 FINANCIAL OVERVIEW
12.8.3 PRODUCTS OFFERED
12.8.4 KEY DEVELOPMENTS
12.8.5 SWOT ANALYSIS
12.8.6 KEY STRATEGIES
12.9 NOKIA CORPORATION
12.9.1 COMPANY OVERVIEW
12.9.2 FINANCIAL OVERVIEW
12.9.3 PRODUCTS OFFERED
12.9.4 KEY DEVELOPMENTS
12.9.5 SWOT ANALYSIS
12.9.6 KEY STRATEGIES
12.10 ORACLE CORPORATION
12.10.1 COMPANY OVERVIEW
12.10.2 FINANCIAL OVERVIEW
12.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.10.4 KEY DEVELOPMENTS
12.10.5 SWOT ANALYSIS
12.10.6 KEY STRATEGIES
12.11 TELEFONAKTIEBOLAGET LM ERICSSON
12.11.1 COMPANY OVERVIEW
12.11.2 FINANCIAL OVERVIEW
12.11.3 PRODUCTS OFFERED
12.11.4 KEY DEVELOPMENTS
12.11.5 SWOT ANALYSIS
12.11.6 KEY STRATEGIES
12.12 HUAWEI TECHNOLOGIES CO. LTD
12.12.1 COMPANY OVERVIEW
12.12.2 FINANCIAL OVERVIEW
12.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.12.4 KEY DEVELOPMENTS
12.12.5 SWOT ANALYSIS
12.12.6 KEY STRATEGIES
12.13 ZTE CORPORATION
12.13.1 COMPANY OVERVIEW
12.13.2 FINANCIAL OVERVIEW
12.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.13.4 KEY DEVELOPMENTS
12.13.5 SWOT ANALYSIS
12.13.6 KEY STRATEGIES
12.14 MAVENIR
12.14.1 COMPANY OVERVIEW
12.14.2 FINANCIAL OVERVIEW
12.14.3 PRODUCTS OFFERED
12.14.4 KEY DEVELOPMENTS
12.14.5 SWOT ANALYSIS
12.14.6 KEY STRATEGIES
12.15 DRUID SOFTWARE
12.15.1 COMPANY OVERVIEW
12.15.2 FINANCIAL OVERVIEW
12.15.3 PRODUCTS OFFERED
12.15.4 KEY DEVELOPMENTS

Companies Mentioned

Nokia Corporation (Ireland),
Telefonaktiebolaget LM Ericsson (Sweden),
NEC Corporation (Japan),
Cisco Systems Inc. (US),
Hewlett Packard Enterprise Development LP (US),
Oracle Corporation (US),
Huawei Technologies Co.Ltd.(China),
ZTE Corporation (China),
Samsung Electronics Co.Ltd.(South Korea),
Affirmed Networks (US),
Mavenir (US),
Athonet (Italy),
Casa Systems (US),
Cumucore (Finland),
and Druid Software (Ireland)

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