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The global 5G core market size is expected to reach USD 29.09 billion by 2030, growing at a CAGR of 30.7% from 2023 to 2030. This growth is driven by the rising demand for the deployment of 5G technologies across the globe, due to its high speed, large coverage, higher bandwidth, and higher reduction in network energy usage. The software segment is expected to dominate the market in 2022 and witness significant growth over the forecast period. Key insights and findings from the report include the need for 5G core software to be compatible with the latest generation of mobile networks, improved network efficiency, and reduced latency.
