Global revenue of 5G core in 2021 was held at US$ 1.1 Bn. Further, the market is projected to grow at a CAGR of 26.7% during 2022 – 2032. Solution is expected to be the highest revenue generating component, with a projected growth of 25.5% during 2022 – 2032.
The report offers actionable and valuable market insights of Cloud 5G Core. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Cloud 5G Core Market across various industries and regions.
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Global revenue of 5G core in 2021 was held at US$ 1.1 Bn. Further, the market is projected to grow at a CAGR of 26.7% during 2022 – 2032. Solution is expected to be the highest revenue generating component, with a projected growth of 25.5% during 2022 – 2032.
| Attribute | Details |
| Forecast Period | 2022-2032 |
| Historical Data Available for | 2019-2021 |
| Market Analysis | US$ Bn for Value |
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Cloud 5G Core market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Cloud 5G Core
This newly published and insightful report sheds light on Market Insights of Cloud 5G Core, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Cloud 5G Core Market.
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Market Segments Covered in Cloud 5G Core Industry Analysis
- By Component :
- Solution
- Services
- Professional services
- Managed Services
- By Network Functions :
- Access and Mobility Management Function
- Session Management Function
- User Plane Function
- Policy Control Function
- Network Exposure function
- NF Repository Function
- Unified Data Management
- Authentication Server Function
- Application Function
- Network Slice Selection function
- Others
- By End-User :
- Telecom Operators
- Enterprises
- By Deployment Model :
- Cloud
- On-Premises
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Competitive Analysis
The key players such as ERICSSON; HUAWEI; NOKIA; SAMSUNG; ZTE. Adopt several organic and inorganic strategies to enhance their revenue and market standings.
Some of the recent developments of key 5G core providers are as follows:
- On Mar 15, 2022, Ericsson and Vodafone effectively finished the UK’s first 5G independent network cutting preliminary in a joint lab show to encourage interest in 5G availability and committed execution for purchaser and business clients.
- In Feb 23, 2021, NOKIA declared the send-off of its Delos drive, a new and creative way to deal with dealing with the intricacy of 5G core programming conveyance and tasks, as well as set-up of CI/CD Services to assist correspondence with overhauling suppliers.
- In February, 2022 – Samsung Electronics Co., Ltd. announced that it will continue to collaborate with providers of chipsets, cloud platforms, and servers to expand the 5G vRAN ecosystem. The objective of this drive is to drive multiparty collaboration and innovation for the advancement of software-based networks. With this ecosystem, the providers continue to develop vRAN towards a more scalable, flexible network which will deliver carrier-grade performance, management and reliability.
Similarly, recent developments related to companies offering 5G core have been tracked by the team at Fact.MR, which are available in the full report.
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More Valuable Insights on Cloud 5G Core Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Cloud 5G Core, Sales and Demand of Cloud 5G Core, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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