5G Core Market Reached over 20 percent Revenue Share of the MCN Market
REDWOOD CITY, Calif. – May 27, 2021 – According to a recently published report from Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, revenues for the Mobile Core Network (MCN) market started hot for 2021 – up 16 percent year-over-year, for 1Q 2021. 5G Core market reached over 20 percent revenue share of the MCN market, a record high since tracking 5G revenues began in 2Q 2020.
“This growth rate has been fueled from buildouts from five commercially deployed nationwide mobile 5G Standalone (5G SA) networks, three in China, one in the US, and one in Western Europe,” stated David Bolan, Research Director at Dell’Oro Group. “The MCN market is poised for higher growth as more 5G SA networks are readying to come on-line. An example comes from Japan, as some of the Japanese service providers (SPs) are readying their networks for 5G SA. NEC, one of the primary 5G vendors in Japan, ranked fourth among 5G Packet Core vendors in 1Q21, achieving double-digit percent revenue market share,” Bolan added.
Additional highlights from the 1Q 2021 Mobile Core Network Report:
- Investment in 4G Core saw its first double-digit percentage revenue decline year-over-year as more investments go into 5G.
- IMS Core market growth remains positive as SPs realize they need to move their voice core from circuit switched voice to VoLTE for initial voice services for 5G.
- Huawei, Ericsson, Nokia, ZTE, and Mavenir are the top vendors for the quarter in 1Q 2021 based on the trailing four quarters
The Dell’Oro Group Mobile Core Network Quarterly Report offers complete, in-depth coverage of the market with tables covering manufacturers’ revenue, shipments, and average selling prices for Evolved Packet Core, 5G Packet Core, Policy, Subscriber Data Management, and IMS Core including licenses by Non-NFV and NFV, and by geographic regions. To purchase this report, please contact us at dgsales@delloro.com.
About Dell’Oro Group
Dell’Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, networks, and data center IT markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell’Oro Group at +1.650.622.9400 or visit www.delloro.com.
# # #
