Total: £ 56.28
Published Date: 2025-09-18 | Pages: 72 | Tables: 73 | Internet & Communication
The global 5G Core Network (5GC) market size was US$ 2571 million in 2024 and is forecast to a readjusted size of US$ 13940 million by 2031 with a CAGR of 27.7% during the forecast period 2025-2031.
The 5G core network separates the user plane and the control plane, adopts a service-oriented architecture design, and is mainly composed of network functions (NFs). It uses distributed functions and is deployed according to actual needs. The addition or withdrawal of new network functions does not affect the function of the overall network. The report mainly counts 5G core network solutions.
Entering 2022, as 5G core network technology matures further, 5G construction continues to accelerate, 5G development is gradually bearing fruit, and 5G applications are also continuing to spread.The rapid growth in the amount of data carried by cellular networks is mainly driven by consumer demand for video and the shift of business to cloud services. This aspect is the main driving force for the development of the 5G core network industry, and 5G core network vendors have positive growth opportunities.
There are several growing economies in the Asia-Pacific region, such as China, India and Japan, which are expected to achieve high growth in the 5G core market. These countries have been supporting and promoting industrial and technological development.In terms of corporate competitiveness, the market share of leading companies is solidified, and it is difficult for other players to surpass them in a short time.
Latest News:In July 2024, the German government said it had reached an agreement with large telecommunications companies requiring them to stop using key components of Huawei and ZTE in 5G mobile infrastructure within five years, which is another move by European countries to ban Chinese companies from participating in the construction of critical telecommunications infrastructure.
The global 5G Core Network (5GC) market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
Huawei
ZTE
Ericsson
Nokia
By Type: (Dominant Segment vs High-Margin Innovation)
5G Commercial Contract
5G Industry Application Contract
By Application: (Core Demand Driver vs Emerging Opportunity)
Smart Energy
Industrial Manufacturing
Smart Medical
Media Entertainment
Smart Transportation
Others
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., Huawei in Europe)
- Emerging Product Trends: 5G Commercial Contract adoption vs. 5G Industry Application Contract premiumization
- Demand-Side Dynamics: Smart Energy growth in China vs. Industrial Manufacturing potential in China
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
China
Europe
(Additional regions can be customized based on client needs.)
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of 5G Core Network (5GC) market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., 5G Industry Application Contract in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Industrial Manufacturing in India).
Chapter 6: Regional revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the 5G Core Network (5GC) value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Research Methodology
The research methodology employed has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of our company. Our methodology can be divided into five stages:
★Stage 1 SECONDARY RESEARCH
The research team first collaborates with magazines, trade associations and administrative departments in the research field. The information provided by our internal documentation service is helpful for our further research. Our team has a wealth of experience and knowledge, and can effectively extract accurate information from existing resources.
★Stage 2 PRIMARY RESEARCH:INTERVIEWS WITH TRADE SOURCES
After the first stage, the research team conducts a large number of face-to-face or telephone interviews with representative companies working in the research field. Analysts are trying to have an opportunity to talk to leading companies and small companies in the field. Upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers were included in the interview. The data collected during the interview were then carefully examined and compared with the secondary study.
★Stage 3 ANALYSIS OF THE GATHERED DATA
The analysis team examines and synthesizes the data collected in the first two stages. In order to validate the data, a second round of interviews can be conducted.
★Stage 4 QUANTITATIVE DATA
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by our company. The data is based on the estimates obtained during stage 3.
★Stage 5 QUALITY CONTROL
Before publishing, each report undergoes a rigorous review and editing process, which is done by the experience management team to ensure the reliability of the published data. Every analyst on the research team receives support and continuous training as part of our internal quality process.
1 Report Overview
1.1 Study Scope
1.2 Market by Type
1.2.1 Global Market Size Growth by Type: 2020 VS 2024 VS 2031
1.2.2 5G Commercial Contract
1.2.3 5G Industry Application Contract
1.3 Market by Application
1.3.1 Global Market Share by Application: 2020 VS 2024 VS 2031
1.3.2 Smart Energy
1.3.3 Industrial Manufacturing
1.3.4 Smart Medical
1.3.5 Media Entertainment
1.3.6 Smart Transportation
1.3.7 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global 5G Core Network (5GC) Market Perspective (2020-2031)
2.2 Global Market Size by Region: 2020 VS 2024 VS 2031
2.3 Global 5G Core Network (5GC) Revenue Market Share by Region (2020-2025)
2.4 Global 5G Core Network (5GC) Revenue Forecast by Region (2026-2031)
2.5 Major Region and Emerging Market Analysis
2.5.1 China 5G Core Network (5GC) Market Size and Prospective (2020-2031)
2.5.2 Europe 5G Core Network (5GC) Market Size and Prospective (2020-2031)
3 Breakdown Data by Type
3.1 Global 5G Core Network (5GC) Historic Market Size by Type (2020-2025)
3.2 Global 5G Core Network (5GC) Forecasted Market Size by Type (2026-2031)
3.3 Different Types 5G Core Network (5GC) Representative Players
4 Breakdown Data by Application
4.1 Global 5G Core Network (5GC) Historic Market Size by Application (2020-2025)
4.2 Global 5G Core Network (5GC) Forecasted Market Size by Application (2026-2031)
4.3 New Sources of Growth in 5G Core Network (5GC) Application
5 Competition Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top 5G Core Network (5GC) Players by Revenue (2020-2025)
5.1.2 Global 5G Core Network (5GC) Revenue Market Share by Players (2020-2025)
5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
5.3 Players Covered: Ranking by 5G Core Network (5GC) Revenue
5.4 Global 5G Core Network (5GC) Market Concentration Analysis
5.4.1 Global 5G Core Network (5GC) Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by 5G Core Network (5GC) Revenue in 2024
5.5 Global Key Players of 5G Core Network (5GC) Head office and Area Served
5.6 Global Key Players of 5G Core Network (5GC), Product and Application
5.7 Global Key Players of 5G Core Network (5GC), Date of Enter into This Industry
5.8 Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 China Market: Players, Segments and Downstream
6.1.1 China 5G Core Network (5GC) Revenue by Company (2020-2025)
6.1.2 China Market Size by Type
6.1.2.1 China 5G Core Network (5GC) Market Size by Type (2020-2025)
6.1.2.2 China 5G Core Network (5GC) Market Share by Type (2020-2025)
6.1.3 China Market Size by Application
6.1.3.1 China 5G Core Network (5GC) Market Size by Application (2020-2025)
6.1.3.2 China 5G Core Network (5GC) Market Share by Application (2020-2025)
6.1.4 China Market Trend and Opportunities
6.2 Europe Market: Players, Segments and Downstream
6.2.1 Europe 5G Core Network (5GC) Revenue by Company (2020-2025)
6.2.2 Europe Market Size by Type
6.2.2.1 Europe 5G Core Network (5GC) Market Size by Type (2020-2025)
6.2.2.2 Europe 5G Core Network (5GC) Market Share by Type (2020-2025)
6.2.3 Europe Market Size by Application
6.2.3.1 Europe 5G Core Network (5GC) Market Size by Application (2020-2025)
6.2.3.2 Europe 5G Core Network (5GC) Market Share by Application (2020-2025)
6.2.4 Europe Market Trend and Opportunities
7 Key Players Profiles
7.1 Huawei
7.1.1 Huawei Company Details
7.1.2 Huawei Business Overview
7.1.3 Huawei 5G Core Network (5GC) Introduction
7.1.4 Huawei Revenue in 5G Core Network (5GC) Business (2020-2025)
7.1.5 Huawei Recent Development
7.2 ZTE
7.2.1 ZTE Company Details
7.2.2 ZTE Business Overview
7.2.3 ZTE 5G Core Network (5GC) Introduction
7.2.4 ZTE Revenue in 5G Core Network (5GC) Business (2020-2025)
7.2.5 ZTE Recent Development
7.3 Ericsson
7.3.1 Ericsson Company Details
7.3.2 Ericsson Business Overview
7.3.3 Ericsson 5G Core Network (5GC) Introduction
7.3.4 Ericsson Revenue in 5G Core Network (5GC) Business (2020-2025)
7.3.5 Ericsson Recent Development
7.4 Nokia
7.4.1 Nokia Company Details
7.4.2 Nokia Business Overview
7.4.3 Nokia 5G Core Network (5GC) Introduction
7.4.4 Nokia Revenue in 5G Core Network (5GC) Business (2020-2025)
7.4.5 Nokia Recent Development
8 5G Core Network (5GC) Market Dynamics
8.1 5G Core Network (5GC) Industry Trends
8.2 5G Core Network (5GC) Market Drivers
8.3 5G Core Network (5GC) Market Challenges
8.4 5G Core Network (5GC) Market Restraints
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
List of Tables
Table 1. Global 5G Core Network (5GC) Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Global 5G Core Network (5GC) Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 3. Global Market 5G Core Network (5GC) Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Table 4. Global 5G Core Network (5GC) Revenue (US$ Million) Market Share by Region (2020-2025)
Table 5. Global 5G Core Network (5GC) Revenue Share by Region (2020-2025)
Table 6. Global 5G Core Network (5GC) Revenue (US$ Million) Forecast by Region (2026-2031)
Table 7. Global 5G Core Network (5GC) Revenue Share Forecast by Region (2026-2031)
Table 8. Global 5G Core Network (5GC) Market Size by Type (2020-2025) & (US$ Million)
Table 9. Global 5G Core Network (5GC) Revenue Market Share by Type (2020-2025)
Table 10. Global 5G Core Network (5GC) Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 11. Global 5G Core Network (5GC) Revenue Market Share by Type (2026-2031)
Table 12. Representative Players of Each Type
Table 13. Global 5G Core Network (5GC) Market Size by Application (2020-2025) & (US$ Million)
Table 14. Global 5G Core Network (5GC) Revenue Market Share by Application (2020-2025)
Table 15. Global 5G Core Network (5GC) Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 16. Global 5G Core Network (5GC) Revenue Market Share by Application (2026-2031)
Table 17. New Sources of Growth in 5G Core Network (5GC) Application
Table 18. Global 5G Core Network (5GC) Revenue by Players (2020-2025) & (US$ Million)
Table 19. Global 5G Core Network (5GC) Market Share by Players (2020-2025)
Table 20. Global Top 5G Core Network (5GC) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in 5G Core Network (5GC) as of 2024)
Table 21. Ranking of Global Top 5G Core Network (5GC) Companies by Revenue (US$ Million) in 2024
Table 22. Global 5 Largest Players Market Share by 5G Core Network (5GC) Revenue (CR5 and HHI) & (2020-2025)
Table 23. Global Key Players of 5G Core Network (5GC), Headquarters and Area Served
Table 24. Global Key Players of 5G Core Network (5GC), Product and Application
Table 25. Global Key Players of 5G Core Network (5GC), Date of Enter into This Industry
Table 26. Mergers & Acquisitions, Expansion Plans
Table 27. China 5G Core Network (5GC) Revenue by Company (2020-2025) & (US$ Million)
Table 28. China 5G Core Network (5GC) Revenue Market Share by Company (2020-2025)
Table 29. China 5G Core Network (5GC) Market Size by Type (2020-2025) & (US$ Million)
Table 30. China 5G Core Network (5GC) Market Size by Application (2020-2025) & (US$ Million)
Table 31. Europe 5G Core Network (5GC) Revenue by Company (2020-2025) & (US$ Million)
Table 32. Europe 5G Core Network (5GC) Revenue Market Share by Company (2020-2025)
Table 33. Europe 5G Core Network (5GC) Market Size by Type (2020-2025) & (US$ Million)
Table 34. Europe 5G Core Network (5GC) Market Size by Application (2020-2025) & (US$ Million)
Table 35. Huawei Company Details
Table 36. Huawei Business Overview
Table 37. Huawei 5G Core Network (5GC) Product
Table 38. Huawei Revenue in 5G Core Network (5GC) Business (2020-2025) & (US$ Million)
Table 39. Huawei Recent Development
Table 40. ZTE Company Details
Table 41. ZTE Business Overview
Table 42. ZTE 5G Core Network (5GC) Product
Table 43. ZTE Revenue in 5G Core Network (5GC) Business (2020-2025) & (US$ Million)
Table 44. ZTE Recent Development
Table 45. Ericsson Company Details
Table 46. Ericsson Business Overview
Table 47. Ericsson 5G Core Network (5GC) Product
Table 48. Ericsson Revenue in 5G Core Network (5GC) Business (2020-2025) & (US$ Million)
Table 49. Ericsson Recent Development
Table 50. Nokia Company Details
Table 51. Nokia Business Overview
Table 52. Nokia 5G Core Network (5GC) Product
Table 53. Nokia Revenue in 5G Core Network (5GC) Business (2020-2025) & (US$ Million)
Table 54. Nokia Recent Development
Table 55. 5G Core Network (5GC) Market Trends
Table 56. 5G Core Network (5GC) Market Drivers
Table 57. 5G Core Network (5GC) Market Challenges
Table 58. 5G Core Network (5GC) Market Restraints
Table 59. Research Programs/Design for This Report
Table 60. Key Data Information from Secondary Sources
Table 61. Key Data Information from Primary Sources
List of Figures
Figure 1. 5G Core Network (5GC) Product Picture
Figure 2. Global 5G Core Network (5GC) Market Share by Type: 2024 VS 2031
Figure 3. 5G Commercial Contract Features
Figure 4. 5G Industry Application Contract Features
Figure 5. Global 5G Core Network (5GC) Market Share by Application: 2024 VS 2031
Figure 6. Smart Energy
Figure 7. Industrial Manufacturing
Figure 8. Smart Medical
Figure 9. Media Entertainment
Figure 10. Smart Transportation
Figure 11. Others
Figure 12. 5G Core Network (5GC) Report Years Considered
Figure 13. Global 5G Core Network (5GC) Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 14. Global 5G Core Network (5GC) Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 15. Global 5G Core Network (5GC) Revenue Market Share by Region: 2020 VS 2024
Figure 16. China 5G Core Network (5GC) Revenue (US$ Million) Growth Rate (2020-2031)
Figure 17. Europe 5G Core Network (5GC) Revenue (US$ Million) Growth Rate (2020-2031)
Figure 18. Global 5G Core Network (5GC) Market Share by Players in 2024
Figure 19. Global Top 5G Core Network (5GC) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in 5G Core Network (5GC) as of 2024)
Figure 20. The Top 10 and 5 Players Market Share by 5G Core Network (5GC) Revenue in 2024
Figure 21. China 5G Core Network (5GC) Market Share by Type (2020-2025)
Figure 22. China 5G Core Network (5GC) Market Share by Application (2020-2025)
Figure 23. Europe 5G Core Network (5GC) Market Share by Type (2020-2025)
Figure 24. Europe 5G Core Network (5GC) Market Share by Application (2020-2025)
Figure 25. Huawei Revenue Growth Rate in 5G Core Network (5GC) Business (2020-2025)
Figure 26. ZTE Revenue Growth Rate in 5G Core Network (5GC) Business (2020-2025)
Figure 27. Ericsson Revenue Growth Rate in 5G Core Network (5GC) Business (2020-2025)
Figure 28. Nokia Revenue Growth Rate in 5G Core Network (5GC) Business (2020-2025)
Figure 29. Bottom-up and Top-down Approaches for This Report
Figure 30. Data Triangulation
Figure 31. Key Executives Interviewed