Global Next Generation Core Network Market Growth (Status and Outlook) 2024-2030

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.

The global Next Generation Core Network market size is projected to grow from US$ 600 million in 2024 to US$ 1139 million in 2030; it is expected to grow at a CAGR of 11.3% from 2024 to 2030.

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 2022, providing a comprehensive analysis by region and market sector of projected Next Generation Core Network sales for 2023 through 2029. 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.

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.

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

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

List of Tables
 Table 1. Next Generation Core Network Market Size CAGR by Region (2019 VS 2023 VS 2030) & ($ millions)
 Table 2. Next Generation Core Network Annual Sales CAGR by Country/Region (2019, 2023 & 2030) & ($ millions)
 Table 3. Major Players of Service
 Table 4. Major Players of Hardware
 Table 5. Next Generation Core Network Market Size CAGR by Type (2019 VS 2023 VS 2030) & ($ millions)
 Table 6. Global Next Generation Core Network Market Size by Type (2019-2024) & ($ millions)
 Table 7. Global Next Generation Core Network Market Size Market Share by Type (2019-2024)
 Table 8. Next Generation Core Network Market Size CAGR by Application (2019 VS 2023 VS 2030) & ($ millions)
 Table 9. Global Next Generation Core Network Market Size by Application (2019-2024) & ($ millions)
 Table 10. Global Next Generation Core Network Market Size Market Share by Application (2019-2024)
 Table 11. Global Next Generation Core Network Revenue by Player (2019-2024) & ($ millions)
 Table 12. Global Next Generation Core Network Revenue Market Share by Player (2019-2024)
 Table 13. Next Generation Core Network Key Players Head office and Products Offered
 Table 14. Next Generation Core Network Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
 Table 15. New Products and Potential Entrants
 Table 16. Mergers & Acquisitions, Expansion
 Table 17. Global Next Generation Core Network Market Size by Region (2019-2024) & ($ millions)
 Table 18. Global Next Generation Core Network Market Size Market Share by Region (2019-2024)
 Table 19. Global Next Generation Core Network Revenue by Country/Region (2019-2024) & ($ millions)
 Table 20. Global Next Generation Core Network Revenue Market Share by Country/Region (2019-2024)
 Table 21. Americas Next Generation Core Network Market Size by Country (2019-2024) & ($ millions)
 Table 22. Americas Next Generation Core Network Market Size Market Share by Country (2019-2024)
 Table 23. Americas Next Generation Core Network Market Size by Type (2019-2024) & ($ millions)
 Table 24. Americas Next Generation Core Network Market Size Market Share by Type (2019-2024)
 Table 25. Americas Next Generation Core Network Market Size by Application (2019-2024) & ($ millions)
 Table 26. Americas Next Generation Core Network Market Size Market Share by Application (2019-2024)
 Table 27. APAC Next Generation Core Network Market Size by Region (2019-2024) & ($ millions)
 Table 28. APAC Next Generation Core Network Market Size Market Share by Region (2019-2024)
 Table 29. APAC Next Generation Core Network Market Size by Type (2019-2024) & ($ millions)
 Table 30. APAC Next Generation Core Network Market Size by Application (2019-2024) & ($ millions)
 Table 31. Europe Next Generation Core Network Market Size by Country (2019-2024) & ($ millions)
 Table 32. Europe Next Generation Core Network Market Size Market Share by Country (2019-2024)
 Table 33. Europe Next Generation Core Network Market Size by Type (2019-2024) & ($ millions)
 Table 34. Europe Next Generation Core Network Market Size by Application (2019-2024) & ($ millions)
 Table 35. Middle East & Africa Next Generation Core Network Market Size by Region (2019-2024) & ($ millions)
 Table 36. Middle East & Africa Next Generation Core Network Market Size by Type (2019-2024) & ($ millions)
 Table 37. Middle East & Africa Next Generation Core Network Market Size by Application (2019-2024) & ($ millions)
 Table 38. Key Market Drivers & Growth Opportunities of Next Generation Core Network
 Table 39. Key Market Challenges & Risks of Next Generation Core Network
 Table 40. Key Industry Trends of Next Generation Core Network
 Table 41. Global Next Generation Core Network Market Size Forecast by Region (2025-2030) & ($ millions)
 Table 42. Global Next Generation Core Network Market Size Market Share Forecast by Region (2025-2030)
 Table 43. Global Next Generation Core Network Market Size Forecast by Type (2025-2030) & ($ millions)
 Table 44. Global Next Generation Core Network Market Size Forecast by Application (2025-2030) & ($ millions)
 Table 45. China Mobile Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 46. China Mobile Next Generation Core Network Product Offered
 Table 47. China Mobile Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 48. China Mobile Main Business
 Table 49. China Mobile Latest Developments
 Table 50. Deutsche Telekom Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 51. Deutsche Telekom Next Generation Core Network Product Offered
 Table 52. Deutsche Telekom Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 53. Deutsche Telekom Main Business
 Table 54. Deutsche Telekom Latest Developments
 Table 55. AT&T Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 56. AT&T Next Generation Core Network Product Offered
 Table 57. AT&T Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 58. AT&T Main Business
 Table 59. AT&T Latest Developments
 Table 60. Verizon Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 61. Verizon Next Generation Core Network Product Offered
 Table 62. Verizon Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 63. Verizon Main Business
 Table 64. Verizon Latest Developments
 Table 65. China Unicom Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 66. China Unicom Next Generation Core Network Product Offered
 Table 67. China Unicom Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 68. China Unicom Main Business
 Table 69. China Unicom Latest Developments
 Table 70. Huawei Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 71. Huawei Next Generation Core Network Product Offered
 Table 72. Huawei Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 73. Huawei Main Business
 Table 74. Huawei Latest Developments
 Table 75. Telefónica Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 76. Telefónica Next Generation Core Network Product Offered
 Table 77. Telefónica Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 78. Telefónica Main Business
 Table 79. Telefónica Latest Developments
 Table 80. Ericsson Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 81. Ericsson Next Generation Core Network Product Offered
 Table 82. Ericsson Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 83. Ericsson Main Business
 Table 84. Ericsson Latest Developments
 Table 85. Nokia Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 86. Nokia Next Generation Core Network Product Offered
 Table 87. Nokia Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 88. Nokia Main Business
 Table 89. Nokia Latest Developments
 Table 90. Vodafone Group Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 91. Vodafone Group Next Generation Core Network Product Offered
 Table 92. Vodafone Group Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 93. Vodafone Group Main Business
 Table 94. Vodafone Group Latest Developments
 Table 95. NTT DoCoMo Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 96. NTT DoCoMo Next Generation Core Network Product Offered
 Table 97. NTT DoCoMo Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 98. NTT DoCoMo Main Business
 Table 99. NTT DoCoMo Latest Developments
 Table 100. Orange Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 101. Orange Next Generation Core Network Product Offered
 Table 102. Orange Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 103. Orange Main Business
 Table 104. Orange Latest Developments
 Table 105. Samsung Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 106. Samsung Next Generation Core Network Product Offered
 Table 107. Samsung Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 108. Samsung Main Business
 Table 109. Samsung Latest Developments
 Table 110. ZTE Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 111. ZTE Next Generation Core Network Product Offered
 Table 112. ZTE Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 113. ZTE Main Business
 Table 114. ZTE Latest Developments
 Table 115. SK Telecom Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 116. SK Telecom Next Generation Core Network Product Offered
 Table 117. SK Telecom Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 118. SK Telecom Main Business
 Table 119. SK Telecom Latest Developments
 Table 120. Qualcomm Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 121. Qualcomm Next Generation Core Network Product Offered
 Table 122. Qualcomm Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 123. Qualcomm Main Business
 Table 124. Qualcomm Latest Developments
 Table 125. Cisco Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 126. Cisco Next Generation Core Network Product Offered
 Table 127. Cisco Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 128. Cisco Main Business
 Table 129. Cisco Latest Developments
 Table 130. Intel Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 131. Intel Next Generation Core Network Product Offered
 Table 132. Intel Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 133. Intel Main Business
 Table 134. Intel Latest Developments
 Table 135. LG Details, Company Type, Next Generation Core Network Area Served and Its Competitors
 Table 136. LG Next Generation Core Network Product Offered
 Table 137. LG Next Generation Core Network Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 138. LG Main Business
 Table 139. LG Latest Developments


List of Figures
 Figure 1. Next Generation Core Network Report Years Considered
 Figure 2. Research Objectives
 Figure 3. Research Methodology
 Figure 4. Research Process and Data Source
 Figure 5. Global Next Generation Core Network Market Size Growth Rate 2019-2030 ($ millions)
 Figure 6. Next Generation Core Network Sales by Geographic Region (2019, 2023 & 2030) & ($ millions)
 Figure 7. Next Generation Core Network Sales Market Share by Country/Region (2023)
 Figure 8. Next Generation Core Network Sales Market Share by Country/Region (2019, 2023 & 2030)
 Figure 9. Global Next Generation Core Network Market Size Market Share by Type in 2023
 Figure 10. Next Generation Core Network in Smart Energy
 Figure 11. Global Next Generation Core Network Market: Smart Energy (2019-2024) & ($ millions)
 Figure 12. Next Generation Core Network in Industrial Manufacturing
 Figure 13. Global Next Generation Core Network Market: Industrial Manufacturing (2019-2024) & ($ millions)
 Figure 14. Next Generation Core Network in Smart Medical
 Figure 15. Global Next Generation Core Network Market: Smart Medical (2019-2024) & ($ millions)
 Figure 16. Next Generation Core Network in Media Entertainment
 Figure 17. Global Next Generation Core Network Market: Media Entertainment (2019-2024) & ($ millions)
 Figure 18. Next Generation Core Network in Smart Transportation
 Figure 19. Global Next Generation Core Network Market: Smart Transportation (2019-2024) & ($ millions)
 Figure 20. Next Generation Core Network in Others
 Figure 21. Global Next Generation Core Network Market: Others (2019-2024) & ($ millions)
 Figure 22. Global Next Generation Core Network Market Size Market Share by Application in 2023
 Figure 23. Global Next Generation Core Network Revenue Market Share by Player in 2023
 Figure 24. Global Next Generation Core Network Market Size Market Share by Region (2019-2024)
 Figure 25. Americas Next Generation Core Network Market Size 2019-2024 ($ millions)
 Figure 26. APAC Next Generation Core Network Market Size 2019-2024 ($ millions)
 Figure 27. Europe Next Generation Core Network Market Size 2019-2024 ($ millions)
 Figure 28. Middle East & Africa Next Generation Core Network Market Size 2019-2024 ($ millions)
 Figure 29. Americas Next Generation Core Network Value Market Share by Country in 2023
 Figure 30. United States Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 31. Canada Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 32. Mexico Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 33. Brazil Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 34. APAC Next Generation Core Network Market Size Market Share by Region in 2023
 Figure 35. APAC Next Generation Core Network Market Size Market Share by Type (2019-2024)
 Figure 36. APAC Next Generation Core Network Market Size Market Share by Application (2019-2024)
 Figure 37. China Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 38. Japan Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 39. South Korea Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 40. Southeast Asia Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 41. India Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 42. Australia Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 43. Europe Next Generation Core Network Market Size Market Share by Country in 2023
 Figure 44. Europe Next Generation Core Network Market Size Market Share by Type (2019-2024)
 Figure 45. Europe Next Generation Core Network Market Size Market Share by Application (2019-2024)
 Figure 46. Germany Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 47. France Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 48. UK Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 49. Italy Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 50. Russia Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 51. Middle East & Africa Next Generation Core Network Market Size Market Share by Region (2019-2024)
 Figure 52. Middle East & Africa Next Generation Core Network Market Size Market Share by Type (2019-2024)
 Figure 53. Middle East & Africa Next Generation Core Network Market Size Market Share by Application (2019-2024)
 Figure 54. Egypt Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 55. South Africa Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 56. Israel Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 57. Turkey Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 58. GCC Countries Next Generation Core Network Market Size Growth 2019-2024 ($ millions)
 Figure 59. Americas Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 60. APAC Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 61. Europe Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 62. Middle East & Africa Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 63. United States Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 64. Canada Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 65. Mexico Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 66. Brazil Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 67. China Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 68. Japan Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 69. Korea Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 70. Southeast Asia Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 71. India Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 72. Australia Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 73. Germany Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 74. France Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 75. UK Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 76. Italy Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 77. Russia Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 78. Egypt Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 79. South Africa Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 80. Israel Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 81. Turkey Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 82. GCC Countries Next Generation Core Network Market Size 2025-2030 ($ millions)
 Figure 83. Global Next Generation Core Network Market Size Market Share Forecast by Type (2025-2030)
 Figure 84. Global Next Generation Core Network Market Size Market Share Forecast by Application (2025-2030)

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

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape