5G Core Market Report 2025 - Growth, Analysis And Forecast 2034


The Business Research Company’s 2026 market reports introduce new features such as market attractiveness scoring and analysis, total addressable market analysis, company scoring matrix, interactive excel data dashboard, improved supply chain analysis, upcoming startups in the market, and overview of key products, all designed to enhance the depth, usability, and strategic value of the insights provided.

What Are the Projections for 5G Core Market Size and CAGR During 2026-2030?
The 5G core market size has grown exponentially in recent years. It will grow from $10.52 billion in 2025 to $18.68 billion in 2026 at a compound annual growth rate (CAGR) of 77.7%. The growth in the historic period can be attributed to growth in mobile data traffic, expansion of LTE infrastructure, increasing smartphone penetration, demand for low latency connectivity, telecom network modernization initiatives.

The 5G core market size is expected to see exponential growth in the next few years. It will grow to $185.88 billion in 2030 at a compound annual growth rate (CAGR) of 77.6%. The growth in the forecast period can be attributed to global rollout of 5G networks, rising adoption of private 5G, growth of IoT connectivity, increasing demand for ultra reliable low latency services, expansion of cloud based telecom platforms. Major trends in the forecast period include cloud native core network deployment, network slicing implementation, virtualized network functions expansion, edge integrated core architectures, service based network architecture adoption.

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Which Factors Are Driving Growth in the 5G Core Market?
The explosion of data traffic is expected to propel the growth of the 5G core market moving forward. Data traffic referred to as network traffic pertains to the volume of data that is being transmitted through a network at a particular point in time. Utilizing 5G Core for data traffic management offers various advantages such as enhanced network capabilities, service exposure, and traffic steering features. These benefits offer additional tools for optimizing traffic management and achieving efficient data traffic handling. For instance, according to a report published by Telefonaktiebolaget LM Ericsson, a Sweden-based provider of IT services, worldwide mobile data traffic hit roughly 90 EB per month in 2022 and is estimated to surge by nearly four times, reaching 325 EB per month by 2028. Therefore, the explosion of data traffic demands increased utilization of the 5G core.

What Are the Emerging Segments in the 5G Core Market?
The 5G core market covered in this report is segmented –

1) By Component: Solutions, Services
2) By Deployment: Cloud, On-Premises
3) By 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) By End-User: Telecom Operators, Enterprises

Subsegments:
1) By Solutions: Cloud-Native Functions, Software-Defined Networking (SDN), Network Functions Virtualization (NFV), Network Slicing
2) By Services: Professional Services, Managed Services

What Are the Major Trends Impacting the 5G Core Market?
Major companies operating in the 5G core market are focusing on developing advanced solutions such as core network-as-a-service (CNaaS) to enhance deployment flexibility and cost efficiency. Core network-as-a-service is a cloud-based model where the operator provides the full 5G core infrastructure managed, scalable and delivered on demand rather than built and hosted by the operator itself thus reducing upfront investment and accelerating rollout. For instance, in March 2025, Orange S.A, a France-based telecommunication company, launched its 5G CNaaS solution featuring a fully managed, cloud-based 5G core infrastructure allowing mobile operators of any size to deploy 5G standalone (SA) networks with speed and lower cost. Key features of the launched product include simplified deployment so that mobile operators do not need to build or maintain their own core network infrastructure, a pay-as-you-grow model that allows operators to scale services according to demand without minimum size requirements, comprehensive management with Orange handling updates and security compliance so mobile operators can focus on expanding their radio coverage, and inclusion of essential services such as IPX connectivity for data integrity and roaming, real-time signalling for SS7/LTE/5G SA traffic visibility, coverage and roaming services for global connectivity and value-added big data analytics for network optimisation.

Who Are the Leading Companies in the 5G Core Industry by Revenue?
Major companies operating in the 5G core market are Nokia Corporation; Telefonaktiebolaget LM Ericsson; Huawei Technologies Co. Ltd.; Samsung Electronics Co. Ltd.; ZTE Corporation; NEC Corporation; Cisco Systems Inc.; Oracle Corporation; Mavenir Systems Inc.; Druid Software Ltd.; Athonet; IPLOOK Technologies; Casa Systems Inc.; NetNumber Inc.; Cumucore; VMware Inc.; Fujitsu Limited; Ribbon Communications Inc.; Parallel Wireless Pvt. Ltd.; Datang Telecom Group

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Which Region Is Projected to Account for the Largest Share of the 5G Core Market?
Asia-Pacific was the largest region in the 5G core market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global 5G core market report during the forecast period. The regions covered in the 5G core market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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