Global Next Generation Core Network Market Growth (Status and Outlook) 2025-2031

The global Next Generation Core Network market size is predicted to grow from US$ 600 million in 2025 to US$ 1139 million in 2031; it is expected to grow at a CAGR of 11.3% from 2025 to 2031.

The Next Generation Core Network (NGCN) refers to the advanced backbone infrastructure of telecommunications networks, particularly in the context of 5G and future mobile communication standards. It is designed to support the evolving demands of digital connectivity, including ultra-fast data speeds, low latency, massive device connectivity, and diverse service requirements. This report focuses on the next generation core network hardware market and service market.

Global key players of Next Generation Core Network include China Mobile, Deutsche Telekom, AT&T, Verizon, China Unicom, etc. The top five players hold a share about 45%. Asia-Pacific is the largest market, and has a share about 46%, followed by North America and Europe with share 28% and 19%, separately. In terms of product type, Service is the largest segment, accounting for a share of 86%. In terms of application, Media Entertainment is the largest field with a share about 94 percent.

LPI (LP Information)' newest research report, the “Next Generation Core Network Industry Forecast” looks at past sales and reviews total world Next Generation Core Network sales in 2024, providing a comprehensive analysis by region and market sector of projected Next Generation Core Network sales for 2025 through 2031. With Next Generation Core Network sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Next Generation Core Network industry.

This Insight Report provides a comprehensive analysis of the global Next Generation Core Network landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Next Generation Core Network portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Next Generation Core Network market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Next Generation Core Network and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Next Generation Core Network.

This report presents a comprehensive overview, market shares, and growth opportunities of Next Generation Core Network market by product type, application, key players and key regions and countries.

Segmentation by Type:

Service

Hardware

Segmentation by Application:

Smart Energy

Industrial Manufacturing

Smart Medical

Media Entertainment

Smart Transportation

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

China Mobile

Deutsche Telekom

AT&T

Verizon

China Unicom

Huawei

Telefónica

Ericsson

Nokia

Vodafone Group

NTT DoCoMo

Orange

Samsung

ZTE

SK Telecom

Qualcomm

Cisco

Intel

LG

Please note: The report will take approximately 2 business days to prepare and deliver.