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The global 5G Core and Edge Network market was valued at US$ 2.18 billion in 2023 and is projected to reach US$ 8.67 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 22.2% during the forecast period (2024-2030). The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global key manufacturers of 5G Core and Edge Network include Enea, Ericsson, Hpe, Nokia, Oracle and Zte, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for 5G Core and Edge Network, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 5G Core and Edge Network. This report contains market size and forecasts of 5G Core and Edge Network in global, including the following market information:
User Adoption: The number of 5G-enabled devices is projected to surpass 1.5 billion by the end of 2024. This surge is driven by consumer demand for faster speeds, lower latency, and improved connectivity.
Network Traffic: 5G networks are anticipated to handle up to 40% of global mobile data traffic by 2025. This dramatic increase underscores the network's capacity to support high-bandwidth applications such as streaming, augmented reality (AR), and virtual reality (VR).
Latency Improvement: 5G Core networks offer a latency reduction of up to 90% compared to 4G LTE, with average latencies reaching as low as 1 millisecond. This advancement is crucial for real-time applications, including autonomous vehicles and industrial automation.
Revenue Generation: The 5G Core and Edge Network market is expected to generate over $100 billion in annual revenue by 2025. This revenue growth is driven by increased demand for enhanced network capabilities and new monetization opportunities for service providers.
Edge Computing: The adoption of Edge Computing within 5G networks is expected to increase by 50% annually, with investments in edge infrastructure reaching $15 billion by 2025. Edge Computing enhances data processing efficiency and reduces latency by bringing computing resources closer to the end user.
Industrial Impact: Industries such as manufacturing, healthcare, and transportation are forecasted to account for over 60% of 5G Core and Edge Network deployments. These sectors leverage 5G's capabilities for improved operational efficiency, predictive maintenance, and enhanced patient care.
Global Coverage: By 2025, 5G networks are projected to cover more than 80% of the world's population, significantly expanding access to high-speed internet and enabling digital inclusion in both urban and rural areas.
We surveyed the 5G Core and Edge Network companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global 5G Core and Edge Network Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global 5G Core and Edge Network Market Segment Percentages, by Type, 2023 (%)
Outline of Major Chapters:
Chapter 1: Introduces the definition of 5G Core and Edge Network, market overview.
Chapter 2: Global 5G Core and Edge Network market size in revenue.
Chapter 3: Detailed analysis of 5G Core and Edge Network company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of 5G Core and Edge Network in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.