Global 5G core Market COVID-19 outbreak, Market Overview, Competitive Analysis, Regional Analysis and CAGR Till 2027
Market Overview
Global 5G Core Market is expected to reach USD 16,092.5 Million by 2027, registering a CAGR of 72.00% during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse into the coming years
Global 5G Core Market has been segmented based on Component, Deployment Mode, Network Functions, End User, and Region
Based on component, the 5G core market has been segmented into solutions and services. Furthermore, the solution segment sub segmented into professional services and managed services.
Based on deployment mode, the 5G core market has been segmented into cloud and on-premises.
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Based on network functions , the 5G core market has been segmented into AMF ( Access And Mobility Management Function ) , SMF ( Session Management Function ) , UPF ( User Plane Function ) , PCF ( Policy Control Function ) , NEF ( Network Exposure Function ), NRF (NF Repository Function ) , UDM ( Unified Data Management ) , AUSF ( Authentication Server Function ) , AF ( Application Function ) , NSSF ( Network Slice Selection Function ) and Others.
Based on End User, the 5G core market has been segmented into telecom operators and enterprises
Based on region, the 5G core market has been segmented into North America, Asia-Pacific, Europe, the Middle East & Africa, and South America.
Competitive Analysis
The key players of the global 5G core market are Nokia ( Finland ), Ericsson ( Sweden ), Huawei ( China ), ZTE ( China ), Samsung ( South Korea ), Affirmed Networks ( US ), Mavenir( US ), NEC( Japan ), Cisco( US ), HPE ( US ), Oracle( US ), Athonet (Italy), Casa Systems ( US ), Cumucore ( Finland ), Druid Software( Ireland ), IPLOOK ( China ), and Metaswitch( UK ).
Regional Analysis
The regional analysis for the global 5G core market has been done for North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. The market in North America accounted for the largest market share in 2019, and it is expected to register strong growth during the forecast period. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period. This growth can be attributed to the growing adoption of 5G technology among the various verticals.
Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
Continued…
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