Global 5G Core Network market size is expected to reach $9.21 billion by 2030 at 21.5%, segmented as by solutions, network functions virtualization (nfv), software-defined networking (sdn), cloud-native core, data analytics and management
The 5G core market is expected to reach $185.88B by 2030, growing at 77.6% CAGR, driven by 5G rollout, private 5G adoption, IoT growth, cloud telecom platforms, and low-latency services.
The 5G chipset market is projected to reach $88.56B by 2030, growing at a 31.5% CAGR, driven by private 5G networks, connected devices, edge computing, and ultra-low latency applications.
The 4G services market is expected to decline to $402.76B by 2030, at a 4.6% CAGR, due to 5G migration, spectrum refarming, lower ARPU, and reduced 4G infrastructure spending.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.