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 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Nokia Corporation
- Ericsson AB
- Huawei Technologies Co. Ltd.
- Cisco Systems Inc.
- Samsung Electronics Co. Ltd.
- Others
Reports Description
As per the current market research conducted by the CMI Team, the global Mobile Core Network Market is expected to record a CAGR of 8.2% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 32.4 billion. By 2032, the valuation is anticipated to reach USD 48.3 billion.
The mobile core network market refers to the dynamic segment of the telecommunications industry responsible for managing and routing data and voice traffic within mobile networks. It comprises a complex ecosystem of hardware and software components that form the backbone of mobile communications.
The market’s nature is highly technology-driven, characterized by rapid innovation, evolving standards, and intense competition among global players. Key trends include the rollout of 5G networks, network virtualization, edge computing integration, and a strong emphasis on security and sustainability as mobile networks continue to adapt to changing consumer demands and emerging technologies.
Mobile Core Network Market – Significant Growth Factors
The Mobile Core Network Market presents significant growth opportunities due to several factors:
- 5G Expansion: The global rollout of 5G networks is a primary driver, demanding substantial investments in mobile core network infrastructure to support higher speeds, low latency, and massive IoT connectivity, revolutionizing industries.
- Rising Data Consumption: Escalating data consumption due to increased video streaming, IoT devices, and remote work is driving the need for more robust and efficient mobile core networks, adapting to evolving user demands.
- Network Virtualization: The adoption of network virtualization and cloud-native architectures is growing, enhancing scalability, flexibility, and cost-effectiveness while reducing operational costs and streamlining network management.
- Security Concerns: Heightened cybersecurity threats are pushing the demand for advanced security solutions within mobile core networks to safeguard against potential attacks, ensuring network integrity and user privacy.
- Edge Computing Integration: Integrating edge computing into mobile core networks presents an opportunity to reduce latency and support real-time applications, unlocking new use cases like autonomous vehicles, augmented reality, and smart cities.
- 5G-Enabled IoT: The proliferation of 5G-enabled IoT devices and applications offers a significant growth opportunity, as mobile core networks will be crucial in facilitating seamless connectivity and management of these devices, fueling the IoT revolution.
- Network Slicing Innovation: The development and deployment of network slicing technologies create opportunities for tailored network services. Operators can offer specialized slices for industries like healthcare, gaming, or logistics, optimizing network resources and revenue generation while meeting diverse customer needs.
Mobile Core Network Market – Mergers and Acquisitions
The Mobile Core Network Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Mobile Core Network Market include:
- Ericsson and Verizon: In 2021, Ericsson partnered with Verizon to develop and deploy 5G network solutions, focusing on expanding 5G coverage and enhancing network performance for Verizon customers. Ericsson will deliver industry-leading 5G solutions, including Massive MIMO, Ericsson Cloud RAN and software to strengthen and expand Verizon’s world-class 5G network.
- Nokia and Orange: In 2022, Nokia extends Orange’s partnership with the 5G Core deal. Nokia entered into a partnership with Orange to develop 5G mobile core network solutions. This collaboration aims to drive 5G adoption and innovation across multiple markets.
- Samsung and SK Telecom: Samsung and SK Telecom Develop Next Gen. 5G Core, based on 3GPP Rel. 16. Samsung and SK Telecom have collaborated to develop and deploy a 5G standalone (SA) core network, enabling SK Telecom to offer enhanced 5G services and experiences to its customers.
- Hewlett Packard Enterprise (HPE) and Silver Peak: In 2020, HPE acquired Silver Peak to expand its software-defined wide area network (SD-WAN) portfolio, supporting mobile operators in optimizing network performance and connectivity. The combination creates a comprehensive networking portfolio to accelerate customers’ edge-to-cloud transformation.
These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Mobile Core Network Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
| Mobile Core Network Market | Private 5G Network Market | 5G Fixed Wireless Access Market |
| CAGR 8.2% (Approx) | CAGR 49.7% (Approx) | CAGR 102.7% (Approx) |
| USD 48.3 Billion by 2032 | USD 41.80 Billion by 2030 | USD 23108.05 Million by 2030 |
Mobile Core Network Market – Significant Threats
The Mobile Core Network Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:
- Cybersecurity Vulnerabilities: With the increasing complexity of mobile core networks and the rise in cyber threats, there’s a significant risk of security breaches, data theft, and network disruptions. Protecting against these vulnerabilities is a continuous challenge.
- Regulatory and Compliance Hurdles: Evolving regulations, such as data privacy laws and spectrum allocation, can pose challenges for mobile operators in terms of compliance, potentially impacting their operations and investments.
- Competitive Pressures: Intense competition among telecom equipment vendors and network providers can lead to price wars, affecting profitability and innovation within the market.
- Technological Obsolescence: Rapid technological advancements can render existing infrastructure and investments obsolete, requiring frequent upgrades and capital investments to stay competitive.
- Vendor Dependency: Reliance on a limited number of key equipment vendors can expose operators to supply chain risks, technological dependencies, and potential vendor-specific issues, impacting network stability and flexibility.
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 | 2023 |
| Forecast Period | 2024-2033 |
| 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. |
Category-Wise Insights
By IMS Core:
- Session Border Controllers (SBCs): Session Border Controllers are network devices that regulate and secure voice-over IP (VoIP) communications. They ensure smooth multimedia sessions across different networks while protecting against cyber threats. In the Mobile Core Network Market, SBCs are essential for secure and reliable voice and video communication services.
- Voice Application Servers: Voice Application Servers are central components that manage voice services, including call routing, voicemail, and interactive voice response (IVR). In the Mobile Core Network Market, they support innovative voice services and enhanced customer experiences.
- Call Session Control Function (CSCF): CSCF is a key element in IP Multimedia Subsystem (IMS) networks, managing call sessions in mobile communication. It plays a crucial role in establishing, controlling, and terminating multimedia sessions. In the Mobile Core Network Market, CSCF optimization supports efficient voice and data services.
By 4G/5G Packet Core Controller:
- MME (Mobility Management Entity): MME in the 4G/5G Packet Core Controller is a crucial element responsible for tracking and managing the mobility of devices within the network. It ensures seamless handovers and authentication, optimizing connectivity in mobile networks.
- SGW-C (Serving Gateway Control): SGW-C is part of the Packet Core Controller and serves as a key interface for data traffic routing within 4G/5G networks, facilitating efficient communication between devices and external networks.
- PGW-C (PDN Gateway Control): PGW-C is another component in the Packet Core Controller that controls the flow of data traffic between mobile devices and external networks, ensuring data routing, addressing, and quality of service.
- AMF (Access and Mobility Management Function): In 5G networks, AMF is responsible for access control, device registration, and mobility management. It plays a pivotal role in network slicing and dynamic resource allocation.
- SMF (Session Management Function): SMF is a vital part of the 5G Packet Core Controller, responsible for session establishment, management, and termination, enabling low-latency and high-performance connections.
4G/5G Subscriber Data Management
- Home Subscriber Server (HSS): HSS is a critical component in 4G/5G subscriber data management. It stores and manages subscriber information, including authentication data and user profiles, ensuring secure and efficient access to network services. Trends in the Mobile Core Network Market involve HSS optimization for 5G to handle massive device connections and dynamic network slicing requirements, enhancing scalability and flexibility.
- Unified Data Management: Unified Data Management consolidates subscriber data across various network elements, simplifying data handling and enhancing user experiences. In the Mobile Core Network Market, the trend is towards implementing cloud-native, AI-driven solutions for real-time data analytics, enabling personalized services, and efficient resource allocation in 5G networks.
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.
Competitive Landscape – Mobile Core Network Market
The Mobile Core Network Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:
- 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
These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.
New entrants like Rakuten Mobile in Japan and DISH Network in the United States have adopted innovative approaches to enter the mobile core network market. Rakuten Mobile built a cloud-native 4G and 5G network, disrupting traditional telecom models. DISH Network is leveraging Open RAN technology to build a nationwide 5G network.
Key players dominating the market include Nokia, Ericsson, and Huawei, renowned for their comprehensive mobile core network solutions and global reach. They maintain market dominance through continuous R&D investments, partnerships with major telecom operators, and a wide product portfolio, ensuring they stay at the forefront of the evolving 4G and 5G landscape.
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
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
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Mobile Core Network Market, (2024 – 2033) (USD Billion)
- 2.2 Global Mobile Core Network Market : snapshot
- Chapter 3. Global Mobile Core Network Market – Industry Analysis
- 3.1 Mobile Core Network Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 5G Expansion
- 3.2.2 Rising Data Consumption
- 3.2.3 Network Virtualization
- 3.2.4 Security Concerns
- 3.2.5 Edge Computing Integration
- 3.2.6 5G-Enabled IoT
- 3.2.7 Network Slicing Innovation.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By IMS Core
- 3.7.2 Market attractiveness analysis By 4G/5G Packet Core Controller
- 3.7.3 Market attractiveness analysis By 4G/5G Subscriber Data Management
- Chapter 4. Global Mobile Core Network Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Mobile Core Network Market: company market share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Mobile Core Network Market – IMS Core Analysis
- 5.1 Global Mobile Core Network Market overview: By IMS Core
- 5.1.1 Global Mobile Core Network Market share, By IMS Core , 2022 and – 2033
- 5.2 Session Border Controllers
- 5.2.1 Global Mobile Core Network Market by Session Border Controllers, 2024 – 2033 (USD Billion)
- 5.3 Voice Application Servers
- 5.3.1 Global Mobile Core Network Market by Voice Application Servers, 2024 – 2033 (USD Billion)
- 5.4 Call Session Control Function
- 5.4.1 Global Mobile Core Network Market by Call Session Control Function, 2024 – 2033 (USD Billion)
- 5.1 Global Mobile Core Network Market overview: By IMS Core
- Chapter 6. Global Mobile Core Network Market – 4G/5G Packet Core Controller Analysis
- 6.1 Global Mobile Core Network Market overview: By 4G/5G Packet Core Controller
- 6.1.1 Global Mobile Core Network Market share, By 4G/5G Packet Core Controller , 2022 and – 2033
- 6.2 MME
- 6.2.1 Global Mobile Core Network Market by MME, 2024 – 2033 (USD Billion)
- 6.3 SGW-C
- 6.3.1 Global Mobile Core Network Market by SGW-C, 2024 – 2033 (USD Billion)
- 6.4 PGW-C
- 6.4.1 Global Mobile Core Network Market by PGW-C, 2024 – 2033 (USD Billion)
- 6.5 AMF
- 6.5.1 Global Mobile Core Network Market by AMF, 2024 – 2033 (USD Billion)
- 6.6 SMF
- 6.6.1 Global Mobile Core Network Market by SMF, 2024 – 2033 (USD Billion)
- 6.1 Global Mobile Core Network Market overview: By 4G/5G Packet Core Controller
- Chapter 7. Global Mobile Core Network Market – 4G/5G Subscriber Data Management Analysis
- 7.1 Global Mobile Core Network Market overview: By 4G/5G Subscriber Data Management
- 7.1.1 Global Mobile Core Network Market share, By 4G/5G Subscriber Data Management , 2022 and – 2033
- 7.2 Home Subscriber Server
- 7.2.1 Global Mobile Core Network Market by Home Subscriber Server , 2024 – 2033 (USD Billion)
- 7.3 Unified Data Management
- 7.3.1 Global Mobile Core Network Market by Unified Data Management, 2024 – 2033 (USD Billion)
- 7.1 Global Mobile Core Network Market overview: By 4G/5G Subscriber Data Management
- Chapter 8. Mobile Core Network Industry – Regional Analysis
- 8.1 Global Mobile Core Network Industry Regional Overview
- 8.2 Global Mobile Core Network Industry Share, by Region, 2022 & – 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Mobile Core Network Industry, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Mobile Core Network Industry, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Mobile Core Network Industry, 2024 – 2033 (USD Billion)
- 8.4 North America Mobile Core Network Industry, by IMS Core , 2024 – 2033
- 8.4.1 North America Mobile Core Network Industry, by IMS Core , 2024 – 2033 (USD Billion)
- 8.5 North America Mobile Core Network Industry, by 4G/5G Packet Core Controller , 2024 – 2033
- 8.5.1 North America Mobile Core Network Industry, by 4G/5G Packet Core Controller , 2024 – 2033 (USD Billion)
- 8.6 North America Mobile Core Network Industry, by 4G/5G Subscriber Data Management , 2024 – 2033
- 8.6.1 North America Mobile Core Network Industry, by 4G/5G Subscriber Data Management , 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Mobile Core Network Industry, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Mobile Core Network Industry, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Mobile Core Network Industry, 2024 – 2033 (USD Billion)
- 8.8 Europe Mobile Core Network Industry, by IMS Core , 2024 – 2033
- 8.8.1 Europe Mobile Core Network Industry, by IMS Core , 2024 – 2033 (USD Billion)
- 8.9 Europe Mobile Core Network Industry, by 4G/5G Packet Core Controller , 2024 – 2033
- 8.9.1 Europe Mobile Core Network Industry, by 4G/5G Packet Core Controller , 2024 – 2033 (USD Billion)
- 8.10 Europe Mobile Core Network Industry, by 4G/5G Subscriber Data Management , 2024 – 2033
- 8.10.1 Europe Mobile Core Network Industry, by 4G/5G Subscriber Data Management , 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Mobile Core Network Industry, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Mobile Core Network Industry, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Mobile Core Network Industry, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Mobile Core Network Industry, by IMS Core , 2024 – 2033
- 8.12.1 Asia Pacific Mobile Core Network Industry, by IMS Core , 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Mobile Core Network Industry, by 4G/5G Packet Core Controller , 2024 – 2033
- 8.13.1 Asia Pacific Mobile Core Network Industry, by 4G/5G Packet Core Controller , 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Mobile Core Network Industry, by 4G/5G Subscriber Data Management , 2024 – 2033
- 8.14.1 Asia Pacific Mobile Core Network Industry, by 4G/5G Subscriber Data Management , 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Mobile Core Network Industry, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Mobile Core Network Industry, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Mobile Core Network Industry, 2024 – 2033 (USD Billion)
- 8.16 Latin America Mobile Core Network Industry, by IMS Core , 2024 – 2033
- 8.16.1 Latin America Mobile Core Network Industry, by IMS Core , 2024 – 2033 (USD Billion)
- 8.17 Latin America Mobile Core Network Industry, by 4G/5G Packet Core Controller , 2024 – 2033
- 8.17.1 Latin America Mobile Core Network Industry, by 4G/5G Packet Core Controller , 2024 – 2033 (USD Billion)
- 8.18 Latin America Mobile Core Network Industry, by 4G/5G Subscriber Data Management , 2024 – 2033
- 8.18.1 Latin America Mobile Core Network Industry, by 4G/5G Subscriber Data Management , 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Mobile Core Network Industry, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Mobile Core Network Industry, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Mobile Core Network Industry, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Mobile Core Network Industry, by IMS Core , 2024 – 2033
- 8.20.1 The Middle-East and Africa Mobile Core Network Industry, by IMS Core , 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Mobile Core Network Industry, by 4G/5G Packet Core Controller , 2024 – 2033
- 8.21.1 The Middle-East and Africa Mobile Core Network Industry, by 4G/5G Packet Core Controller , 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Mobile Core Network Industry, by 4G/5G Subscriber Data Management , 2024 – 2033
- 8.22.1 The Middle-East and Africa Mobile Core Network Industry, by 4G/5G Subscriber Data Management , 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Nokia Corporation
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Ericsson AB
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Huawei Technologies Co. Ltd.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Cisco Systems Inc.
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Samsung Electronics Co. Ltd.
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 ZTE Corporation
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 NEC Corporation
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Hewlett Packard Enterprise (HPE)
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Mavenir Systems Inc.
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Affirmed Networks Inc
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Others.
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.1 Nokia Corporation
List Of Figures
Figures No 1 to 26
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
|
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| Demand-side |
|
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
|
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Prominent Player
- 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
FAQs
The key factors driving the Market are 5G Expansion, Rising Data Consumption, Network Virtualization, Security Concerns, Edge Computing Integration, 5G-Enabled IoT And Network Slicing Innovation.
The “IMS Core ” category dominated the market in 2022.
The key players in the market are 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.
“Asia-Pacific” had the largest share in the Mobile Core Network Market.
The global market is projected to grow at a CAGR of 8.2% during the forecast period, 2023-2032.
The Mobile Core Network Market size was valued at USD 32.4 Billion in 2022.
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