Home Press Releases5G Core Network Market Forecast at USD 16.05 Billion by 2031, Supported by Enterprise Expansion and Private 5G Investments

5G Core Network Market Forecast at USD 16.05 Billion by 2031, Supported by Enterprise Expansion and Private 5G Investments

by Press Room


Mordor Intelligence has published a new report on the 5G core network market, offering a comprehensive analysis of trends, growth drivers, and future projections 

5G Core Network Market Overview 

According to Mordor Intelligence, the 5G core network market was valued at USD 5.25 billion in 2025 and increased to USD 6.32 billion in 2026. It is projected to reach USD 16.05 billion by 2031, registering a CAGR of 20.45% during the forecast period. This rapid expansion reflects rising demand for scalable mobile connectivity, ultra-low latency, and advanced service delivery across telecom and enterprise sectors. The growth trajectory of the 5G core network industry is closely tied to operators migrating from non-standard to standalone architectures. This transition allows service providers to unlock capabilities such as network slicing, programmable network exposure, and optimized data management.  

Another major factor supporting the 5G core network market growth is the adoption of cloud-native service-based architecture. This approach enables telecom operators to deploy flexible and scalable networks that can adapt quickly to traffic demands. Integration with public cloud providers and telco edge infrastructure is enabling operators to reduce operational complexity while delivering consistent performance and reliability. These developments reinforce the importance of cloud-driven infrastructure within the evolving 5G core network industry.  

Growth Drivers of the 5G Core Network Market  

Standalone Architecture Adoption Accelerates 

The rapid adoption of standalone networks represents one of the most important 5G core network market trends. Standalone deployments allow operators to fully utilize core capabilities such as network slicing, service exposure, and real-time traffic management. These features enable telecom providers to introduce premium services and differentiated offerings for both consumer and enterprise segments. This transition strengthens the 5G core network market share of vendors offering cloud-native and dual-mode core solutions. 

Cloud-Native and Public Cloud Integration Strengthens 

Cloud-native deployment is transforming how telecom operators build and manage their networks. This shift represents a critical development in the 5G core network industry, as operators adopt microservices-based architectures and containerized applications to improve efficiency and flexibility. Public cloud providers are becoming key partners for telecom operators, offering scalable infrastructure and automated network management. Hybrid deployment models that combine public cloud and edge computing environments are gaining traction. These deployments enable operators to balance performance, scalability, and cost efficiency while maintaining network reliability. 

Enterprise and Private Network Adoption Expands 

Enterprise adoption of private networks is creating new opportunities in the 5G core network market. Industries such as manufacturing, logistics, utilities, and defense are deploying private networks to improve operational efficiency and connectivity. Private networks allow enterprises to maintain secure and dedicated connectivity for mission-critical applications. This enterprise-driven demand is increasing vendor competition and expanding the overall 5G core network market share. 

Edge Computing and Network Function Innovation Shape 

Edge computing is playing an increasingly important role in the 5G core network market growth. By placing network functions closer to end users, operators can reduce latency and improve performance for real-time applications. Core network functions such as user plane function, session management, and network exposure function are evolving to support distributed architectures. These functions enable operators to manage traffic more efficiently and provide programmable network capabilities. These developments reinforce the long-term growth outlook of the 5G core network industry. 

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/5g-core-network-market?utm_source=emailwire    

5G Core Network Market Segmentation  

By Component 

  • Orchestration and Management 
  • Integration and Deployment 
  • Consulting and Advisory 
  • Support and Maintenance 

By Deployment Model 

  • Hybrid and Telco Edge Cloud 

By End-User 

  • Transportation and Logistics 
  • Public Safety and Emergency 
  • Smart Cities and Municipalities 

By Network Function 

  • Network Exposure Function (NEF) 
  • User Plane Function (UPF) 
  • Application Function (AF) 
  • Unified Data Management (UDM) 
  • Session Management Function (SMF) 
  • Network Slice Selection Function (NSSF) 
  • Policy Control Function (PCF) 
  • Network Repository Function (NRF) 
  • Authentication Server Function (AUSF) 
  • Access and Mobility Management (AMF) 

By Geography 

Explore Our Full Library of Technology, Media and Telecom Research: https://www.mordorintelligence.com/market-analysis/technology-media-and-telecom?utm_source=emailwire    

Key Players in the 5G Core Network Market 

  • Telefonaktiebolaget LM Ericsson 
  • Samsung Electronics Co. Ltd. 
  • Huawei Technologies Co. Ltd. 

Conclusion 

The future of the 5G core network market remains highly promising as telecom operators and enterprises increase investments in digital infrastructure. The shift toward standalone deployment, cloud-native architecture, and enterprise adoption continues to support steady market expansion. These developments reinforce the positive 5G core network market forecast and confirm the importance of core network solutions in modern telecommunications. 

As operators continue upgrading infrastructure and expanding coverage, the 5G core network market growth will remain supported by increasing demand for scalable, secure, and high-performance connectivity. The continued expansion of enterprise networks, public cloud integration, and standalone deployments ensures that the 5G core network industry will remain a critical part of global digital transformation. 

For more insights on 5G core network market, please visit the Mordor Intelligence page: https://www.mordorintelligence.com/industry-reports/5g-core-network-market?utm_source=emailwire  

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The Fiber Optic Cable Market reached USD 14.22 billion in 2026 and is expected to grow to USD 22.74 billion by 2031, reflecting a CAGR of 9.84% during the forecast period. Growth is driven by increasing broadband penetration, 5G network deployment, and the rising need for high-speed data transmission to support cloud computing, streaming, and digital transformation worldwide.

InfiniBand Market Size  

The InfiniBand Market is forecast to expand from USD 35.07 billion in 2026 to USD 164.4 billion by 2031, growing at a robust CAGR of 36.20%. This strong growth is supported by the increasing demand for high-performance computing (HPC), AI workloads, hyperscale data centers, and ultra-low latency networking solutions essential for modern enterprise and research applications.  

About Mordor Intelligence: 

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. 

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics. 

For any inquiries or to access the full report, please contact: 

media@mordorintelligence.com
https://www.mordorintelligence.com/ 

Mordor Intelligence, 11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli, Hyderabad, Telangana – 500032, India

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