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5G Core Network (5GC) Market, Global Outlook and Forecast 2023-2029

5G Core Network (5GC) Market, Global Outlook and Forecast 2023-2029

  • Published on : 25 April 2023
  • Pages :64
  • Report Code:SMR-7655144

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Report overview

The global 5G Core Network (5GC) market was valued at US$ 1323.2 million in 2022 and is projected to reach US$ 6866.1 million by 2029, at a CAGR of 26.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This report aims to provide a comprehensive presentation of the global market for 5G Core Network (5GC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 5G Core Network (5GC). This report contains market size and forecasts of 5G Core Network (5GC) in global, including the following market information:
Global 5G Core Network (5GC) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)

Global key players of 5G Core Network (5GC) include Huawei, ZTE, Ericsson, Nokia, etc. Global top four manufacturers hold a share over 88%. The key players are mainly located in Europe and China. In terms of application, the largest application is smart transportation, with a share over 28%.
We surveyed the 5G Core Network (5GC) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global 5G Core Network (5GC) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global 5G Core Network (5GC) Market Segment Percentages, by Type, 2022 (%)
  • 5G Commercial Contract
  • 5G Industry Application Contract
Global 5G Core Network (5GC) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global 5G Core Network (5GC) Market Segment Percentages, by Application, 2022 (%)
  • Smart Energy
  • Industrial Manufacturing
  • Smart Medical
  • Media Entertainment
  • Smart Transportation
  • Others
Global 5G Core Network (5GC) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global 5G Core Network (5GC) Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies 5G Core Network (5GC) revenues in global market, 2018-2023 (estimated), ($ millions)
  • Key companies 5G Core Network (5GC) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Huawei
  • ZTE
  • Ericsson
  • Nokia
Outline of Major Chapters:
  • Chapter 1: Introduces the definition of 5G Core Network (5GC), market overview.
  • Chapter 2: Global 5G Core Network (5GC) market size in revenue.
  • Chapter 3: Detailed analysis of 5G Core Network (5GC) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of 5G Core Network (5GC) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: The main points and conclusions of the report.