5G Core Network Market Report 2026

5G Core Network Market Overview

• 5G Core Network market size has reached to $3.47 billion in 2025 • Expected to grow to $9.21 billion in 2030 at a compound annual growth rate (CAGR) of 21.5% • Growth Driver: Increasing Adoption Of 5G Services Fueling Growth In 5G Core Network Market • Market Trend: 5G Core Network Market Software-As-A-Service (Saas) Innovations Enhance Network Efficiency And Scalability • Asia-Pacific was the largest region in 2025.

What Is Covered Under 5G Core Network Market?

The 5G Core Network refers to the central part of a 5th generation (5G ) cellular network architecture responsible for managing and orchestrating network functions and services. It serves as the backbone of the 5G network, enabling advanced capabilities such as ultra-low latency, high-speed data transmission, massive connectivity, and network slicing. The main components of a 5G core network are solutions and services. 5G commercial contracts refer to the agreements and arrangements made between service providers, vendors, and government agencies for the procurement and deployment of 5G technology and services. It can be deployed in various models, including cloud and on-premises, for several applications, such as smart energy, industrial manufacturing, smart medical, media entertainment, and smart transportation. It is used by numerous end users, including telecom operators and enterprises.

What Is The 5G Core Network Market Growth Forecast?

The 5G core network market size is expected to see exponential growth in the next few years. It will grow to $9.21 billion in 2030 at a compound annual growth rate (CAGR) of 21.5%. The growth in the forecast period can be attributed to increasing deployment of 5G infrastructure, rising adoption of network functions virtualization, growth in smart transportation applications, increasing enterprise adoption of cloud-native core, expansion in media entertainment and smart medical sectors. Major trends in the forecast period include network slicing implementation, ultra-low latency services, massive device connectivity, edge computing integration, cloud-native core deployment.

Global 5G Core Network Market Segmentation

1) By Components: Solutions, Services 2) By Deployment Model: Cloud, On-Premises 3) By Application: Smart Energy, Industrial Manufacturing, Smart Medical, Media And Entertainment, Smart Transportation 4) By End User: Telecom Operators, Enterprises Subsegments: 1) By Solutions: Network Functions Virtualization (NFV), Software-Defined Networking (SDN), Cloud-Native Core, Data Analytics And Management, Security Solutions 2) By Services: Consulting Services, Integration Services, Maintenance And Support Services, Managed Services

What Is The Driver Of The 5G Core Network Market?

The increasing adoption of 5G services is expected to propel the growth of the 5G core network market going forward. 5G services refer to the various applications and use cases enabled by fifth-generation wireless cellular technology that delivers ultra-fast data speeds, low latency, and massive connectivity. The rising adoption of 5G services is due to the growing demand for high-speed data transmission and the proliferation of connected devices and Internet of Things (IoT) applications. The 5G core network market supports the adoption of 5G services by providing the essential infrastructure and network capabilities required to enable enhanced mobile broadband (eMBB), massive machine-type communications (mMTC), and ultra-reliable low-latency communications (UR-LLC). For instance, in April 2023, according to 5G Americas, a US-based industry trade organization, global 5G wireless connections reached 1.35 billion in 2022 and are projected to grow to 5.9 billion by the end of 2027, representing more than a fourfold increase within five years. Therefore, the increasing adoption of 5G services is driving the growth of the 5G core network industry.

Key Players In The Global 5G Core Network Market

Major companies operating in the 5G core network market are Samsung Electronics Co. Ltd.; Huawei Technologies Co. Ltd.; Cisco Systems Inc.; Oracle Corporation; Fujitsu Limited; Hewlett Packard Enterprise Company; Telefonaktiebolaget LM Ericsson; Nokia Corporation; NEC Corporation; ZTE Corporation; VMware Inc.; Juniper Networks Inc.; Ciena Corporation; Mavenir Systems Inc.; Ribbon Communications Inc.; Casa Systems Inc.; Parallel Wireless Inc.; Altiostar Networks Inc.; Affirmed Networks; Druid Software Ltd.; Athonet S.r.l.; Dell Technologies Inc.

Global 5G Core Network Market Trends and Insights

Major companies operating in the 5G core network market are developing technological advancements, such as Software-as-a-Service (SaaS), to improve network efficiency, scalability, and cost-effectiveness. Software-as-a-Service (SaaS) is a cloud-based service model where software applications are hosted by a provider and made available to users over the internet. For instance, in December 2023, Nokia Corporation, a Finland-based telecommunications company, announced that its 5G Standalone Core SaaS solution was selected by Telia Finland as part of the EU-funded “Sirius” program. The solution enables communication service providers (CSPs) and enterprises to operate their networks with greater flexibility and scalability through fully automated, cloud-native 5G core delivery. Key features include subscription-based deployment eliminating on-site maintenance, dynamic scaling for varying network loads, and automated updates that ensure continuous innovation and reduced operational costs.

What Are Latest Mergers And Acquisitions In The 5G Core Network Market?

In June 2023, Hewlett Packard Enterprise Co., a US-based provider of edge-to-cloud IT infrastructure and networking solutions, acquired Athonet S.r.l. for an undisclosed amount. With this acquisition, HPE sought to establish a leading position in the private 5G market by integrating Athonet’s core cellular networking capabilities into its existing telco and Aruba networking portfolios, thereby simplifying deployment of enterprise private cellular networks. Athonet S.r.l. is an Italy-based provider of private 4G/5G mobile core network solutions that serve enterprises and communications service providers across sectors such as healthcare, utilities, and public safety.

Regional Insights

Asia-Pacific was the largest region in the 5G core network market in 2025. It is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the 5G Core Network Market?

The 5G Core Network market includes revenues earned by entities by services such as machine-type communication, mobility management, authentication and authorization, traffic management, and policy control. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the 5G Core Network Market Report 2026?

The 5g core network market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the 5g core network industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.