[Latest] Global Mobile Core Network Market Size/Share Worth

Austin, TX, USA, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Mobile Core Network Market Size, Trends and Insights By IMS Core (Session Border Controllers, Voice Application Servers, Call Session Control Function), By 4G/5G Packet Core Controller (MME, SGW-C, PGW-C, AMF, SMF), By 4G/5G Subscriber Data Management (Home Subscriber Server, Unified Data Management), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” in its research database.

“According to the latest research study, the demand of global Mobile Core Network Market size & share was valued at approximately USD 32.4 Billion in 2022 and is expected to reach USD 33.9 Billion in 2023 and is expected to reach a value of around USD 48.3 Billion by 2032, at a compound annual growth rate (CAGR) of about 8.2% during the forecast period 2023 to 2032.”

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Mobile Core Network Market: Growth Factors and Dynamics

Increasing Data Traffic: The surge in data consumption, driven by video streaming, IoT devices, and cloud-based applications, is a significant growth factor. Mobile core networks must handle this escalating data traffic efficiently, leading to investments in core network infrastructure.

Network Virtualization and Cloud Native Solutions: Network virtualization and cloud-native architectures are becoming increasingly prevalent. They offer scalability, flexibility, and cost-effectiveness, enabling operators to adapt quickly to changing network demands and reduce operational expenses.

Security Concerns: As mobile networks become more interconnected and data-sensitive services like mobile banking and healthcare rely on them, security concerns grow. The mobile core network market is evolving to incorporate advanced security measures to protect against cyber threats and data breaches.

Edge Computing Integration: The integration of edge computing within the mobile core network is gaining prominence. This allows for faster processing of data and reduced latency, which is crucial for applications like autonomous vehicles and augmented reality.

Competition and Market Consolidation: Intense competition among telecom equipment vendors is driving innovation and driving the market’s dynamics. Additionally, mergers and acquisitions among key players are reshaping the mobile core network landscape, leading to greater consolidation and collaboration in the industry.

5G Rollout Driving Expansion: The mobile core network market is experiencing robust growth due to the global rollout of 5G networks. As 5G technology offers increased data speeds, lower latency, and support for a massive number of connected devices, telecom operators are upgrading their mobile core networks to accommodate these new capabilities.

Network Slicing for Diverse Services: Network slicing is emerging as a key dynamic in the mobile core network market. It allows operators to create multiple virtual networks within a single physical infrastructure, each tailored to specific service requirements. This enables them to efficiently support a wide range of services, from ultra-reliable low-latency communications (URLLC) for critical applications to massive machine-type communications (mMTC) for IoT, contributing to revenue diversification and enhanced customer experiences.

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Mobile Core Network Market: Partnership and Acquisitions

Cisco Systems and Acacia Communications: In 2021, Cisco Systems acquired Acacia Communications to enhance its optical networking capabilities, which are crucial for mobile core network infrastructure and data transport. Cisco’s ‘Internet for the Future’ strategy is focused on software, silicon, and optics as critical building blocks for introducing disruptive innovations across multiple domains.

Ericsson and Cradlepoint: In 2020, Ericsson acquired Cradlepoint to bolster its enterprise offerings and edge computing capabilities, aligning with the growing trend of edge computing integration in mobile core networks. The investment is key to Ericsson’s ongoing strategy of capturing market share in the rapidly expanding 5G Enterprise space.

Report Scope

Feature of the Report	Details
Market Size in 2023	USD 33.9 Billion
Projected Market Size in 2032	USD 48.3 Billion
Market Size in 2022	USD 32.4 Billion
CAGR Growth Rate	8.2% CAGR
Base Year	2022
Forecast Period	2023-2032
Key Segment	By IMS Core, 4G/5G Packet Core Controller, 4G/5G Subscriber Data Management and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Mobile Core Network report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
About 220+ Pages Research Report (Including Recent Research)
Provide detailed chapter-by-chapter guidance on the Request.
Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2023
Includes Tables and figures have been updated.
The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
Custom Market Insights (CMI) research methodology

(Please note that the sample of the Mobile Core Network report has been modified to include the COVID-19 impact study prior to delivery.)

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Mobile Core Network Market: COVID-19 Analysis

The COVID-19 pandemic has had a significant impact on the Mobile Core Network Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

Delayed Network Infrastructure Projects: The COVID-19 pandemic disrupted supply chains and restricted on-site work, leading to delays in the deployment of 5G infrastructure and mobile core network upgrades. This hindered the market’s growth as operators faced challenges in completing planned projects.

Shift in Traffic Patterns: With lockdowns and remote work becoming the norm, there was a shift in mobile network traffic patterns. While data usage surged in residential areas, it declined in commercial districts and event venues. Mobile operators had to adapt their network strategies to meet these changing demands.

Accelerated 5G Deployment: To recover from the pandemic’s impact, operators expedited their 5G rollout plans, focusing on high-demand areas. They leveraged government incentives and public-private partnerships to accelerate infrastructure development.

Network Optimization: Mobile operators invested in network optimization and automation to handle the changing traffic patterns efficiently. This included implementing AI-driven solutions to predict and manage network congestion in real time.

Remote Work Enablement: Recognizing the long-term trend of remote work, mobile core network providers enhanced remote work capabilities. They offered solutions to ensure secure and reliable remote connectivity for businesses and individuals.

Diversification of Revenue Streams: Operators sought to diversify their revenue streams by exploring partnerships for value-added services, such as IoT solutions, edge computing, and content delivery, to offset revenue losses from traditional sources like roaming and events.

Enhanced Cybersecurity Measures: In response to heightened cybersecurity threats during the pandemic, mobile core network providers ramped up their cybersecurity efforts. They invested in advanced threat detection and response systems to protect critical network infrastructure and sensitive customer data, ensuring the security and resilience of their networks in the face of evolving cyber risks.

In conclusion, the COVID-19 pandemic has had a mixed impact on the Mobile Core Network Market, with some challenges and opportunities arising from the pandemic.

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Key questions answered in this report:

What is the size of the Mobile Core Network market and what is its expected growth rate?
What are the primary driving factors that push the Mobile Core Network market forward?
What are the Mobile Core Network Industry's top companies?
What are the different categories that the Mobile Core Network Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the Mobile Core Network market sample report and company profiles?

Key Offerings:

Market Share, Size & Forecast by Revenue | 2023−2032
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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List of the prominent players in the Mobile Core Network Market:

Nokia Corporation
Ericsson AB
Huawei Technologies Co. Ltd.
Cisco Systems Inc.
Samsung Electronics Co. Ltd.
ZTE Corporation
NEC Corporation
Hewlett Packard Enterprise (HPE)
Mavenir Systems Inc.
Affirmed Networks Inc
Others

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Mobile Core Network Market – Regional Analysis

The Mobile Core Network Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

North America: In North America, mobile core network trends focus on rapid 5G expansion, with telecom operators aggressively deploying infrastructure and exploring edge computing integration. Security is paramount, driven by cybersecurity concerns and regulatory scrutiny. Additionally, partnerships between telecom giants and tech companies for content delivery and IoT services are shaping the region’s mobile core network landscape.

Europe: Europe emphasizes network sustainability, with a strong emphasis on energy-efficient technologies and eco-friendly infrastructure. The region is also a pioneer in Open RAN adoption, promoting vendor diversification and competition. Privacy regulations like GDPR continue to influence mobile core network strategies, while 5G-enabled IoT and smart city initiatives gain momentum.

Asia-Pacific: Asia-Pacific leads in 5G adoption, with a focus on developing 5G-enabled applications and services, including smart manufacturing and autonomous vehicles. The region emphasizes network slicing to cater to diverse industries, while partnerships between telecom operators and OTT content providers drive innovation. Robust cybersecurity measures are essential to counter evolving threats.

LAMEA (Latin America, Middle East, and Africa): LAMEA showcases a burgeoning interest in 5G, primarily driven by urbanization and economic growth. The region explores unique use cases for 5G in sectors like agriculture and healthcare. Mobile operators in the Middle East prioritize cybersecurity solutions, given the geopolitical landscape, while Latin America seeks to bridge the digital divide through affordable 4G and 5G access. Regulatory challenges and infrastructure development remain key factors in LAMEA’s mobile core network trends.

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The Mobile Core Network Market is segmented as follows:

By IMS Core

Session Border Controllers
Voice Application Servers
Call Session Control Function

By 4G/5G Packet Core Controller

MME
SGW-C
PGW-C
AMF
SMF

By 4G/5G Subscriber Data Management

Home Subscriber Server
Unified Data Management

Click Here to Get a Free Sample Report of the Global Mobile Core Network Market @ https://www.custommarketinsights.com/report/mobile-core-network-market/

Regional Coverage:

North America

U.S.
Canada
Mexico
Rest of North America

Europe

Germany
France
U.K.
Italy
Spain
Rest of Europe

Asia Pacific

China
Japan
India
New Zealand
Australia
South Korea
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

This Mobile Core Network Market Research/Analysis Report Contains Answers to the following Questions.

What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Mobile Core Network Market? What are Their Company Profile, Product Information, and Contact Information?
What Was the Global Market Status of the Mobile Core Network Market? What Was the Capacity, Production Value, Cost and PROFIT of the Mobile Core Network Market?
What Is the Current Market Status of the Mobile Core Network Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of the Mobile Core Network Market by Considering Applications and Types?
What Are Projections of the Global Mobile Core Network Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
What Is Mobile Core Network Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is the Economic Impact On the Mobile Core Network Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are the Market Dynamics of the Mobile Core Network Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Mobile Core Network Industry?

Click Here to Access a Free Sample Report of the Global Mobile Core Network Market @ https://www.custommarketinsights.com/report/mobile-core-network-market/

Reasons to Purchase Mobile Core Network Market Report

Mobile Core Network Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
The Mobile Core Network Market report outlines market value (USD) data for each segment and sub-segment.
This report indicates the region and segment expected to witness the fastest growth and dominate the market.
Mobile Core Network Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
Mobile Core Network Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

The study provides a thorough overview of the global Mobile Core Network market. Compare your performance to that of the market as a whole.

Aim to maintain competitiveness while innovations from established key players fuel market growth.

Buy this Premium Mobile Core Network Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/mobile-core-network-market/

What does the report include?

Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Mobile Core Network market analysis.

The competitive environment of current and potential participants in the Mobile Core Network market is covered in the report, as well as those companies' strategic product development ambitions.

According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

Participants and stakeholders worldwide Mobile Core Network market should find this report useful. The research will be useful to all market participants in the Mobile Core Network industry.
Managers in the Mobile Core Network sector are interested in publishing up-to-date and projected data about the worldwide Mobile Core Network market.
Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Mobile Core Network products' market trends.
Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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