5G Core Market Is Expected To Grow With A CAGR Of 4.68% During The Forecast Period 2021-2027.
SUMMERY:
Market Research Future published a research report on “5G Core Market Research
Report- Global Forecast 2027” – Market Analysis, Scope, Stake, Progress, Trends
and Forecast to 2027.
Market
Highlights:
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.
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.
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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.
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