

The global Next Generation Core Network market size is predicted to grow from US$ 658 million in 2025 to US$ 1251 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.
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
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Ericsson
Nokia
Vodafone Group
NTT DoCoMo
Orange
Samsung
ZTE
SK Telecom
Qualcomm
Cisco
Intel
LG
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Next Generation Core Network Market Size (2020-2031)
2.1.2 Next Generation Core Network Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Next Generation Core Network by Country/Region (2020, 2024 & 2031)
2.2 Next Generation Core Network Segment by Type
2.2.1 Service
2.2.2 Hardware
2.3 Next Generation Core Network Market Size by Type
2.3.1 Next Generation Core Network Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Next Generation Core Network Market Size Market Share by Type (2020-2025)
2.4 Next Generation Core Network Segment by Application
2.4.1 Smart Energy
2.4.2 Industrial Manufacturing
2.4.3 Smart Medical
2.4.4 Media Entertainment
2.4.5 Smart Transportation
2.4.6 Others
2.5 Next Generation Core Network Market Size by Application
2.5.1 Next Generation Core Network Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Next Generation Core Network Market Size Market Share by Application (2020-2025)
3 Next Generation Core Network Market Size by Player
3.1 Next Generation Core Network Market Size Market Share by Player
3.1.1 Global Next Generation Core Network Revenue by Player (2020-2025)
3.1.2 Global Next Generation Core Network Revenue Market Share by Player (2020-2025)
3.2 Global Next Generation Core Network Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Next Generation Core Network by Region
4.1 Next Generation Core Network Market Size by Region (2020-2025)
4.2 Global Next Generation Core Network Annual Revenue by Country/Region (2020-2025)
4.3 Americas Next Generation Core Network Market Size Growth (2020-2025)
4.4 APAC Next Generation Core Network Market Size Growth (2020-2025)
4.5 Europe Next Generation Core Network Market Size Growth (2020-2025)
4.6 Middle East & Africa Next Generation Core Network Market Size Growth (2020-2025)
5 Americas
5.1 Americas Next Generation Core Network Market Size by Country (2020-2025)
5.2 Americas Next Generation Core Network Market Size by Type (2020-2025)
5.3 Americas Next Generation Core Network Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Next Generation Core Network Market Size by Region (2020-2025)
6.2 APAC Next Generation Core Network Market Size by Type (2020-2025)
6.3 APAC Next Generation Core Network Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Next Generation Core Network Market Size by Country (2020-2025)
7.2 Europe Next Generation Core Network Market Size by Type (2020-2025)
7.3 Europe Next Generation Core Network Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Next Generation Core Network by Region (2020-2025)
8.2 Middle East & Africa Next Generation Core Network Market Size by Type (2020-2025)
8.3 Middle East & Africa Next Generation Core Network Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Next Generation Core Network Market Forecast
10.1 Global Next Generation Core Network Forecast by Region (2026-2031)
10.1.1 Global Next Generation Core Network Forecast by Region (2026-2031)
10.1.2 Americas Next Generation Core Network Forecast
10.1.3 APAC Next Generation Core Network Forecast
10.1.4 Europe Next Generation Core Network Forecast
10.1.5 Middle East & Africa Next Generation Core Network Forecast
10.2 Americas Next Generation Core Network Forecast by Country (2026-2031)
10.2.1 United States Market Next Generation Core Network Forecast
10.2.2 Canada Market Next Generation Core Network Forecast
10.2.3 Mexico Market Next Generation Core Network Forecast
10.2.4 Brazil Market Next Generation Core Network Forecast
10.3 APAC Next Generation Core Network Forecast by Region (2026-2031)
10.3.1 China Next Generation Core Network Market Forecast
10.3.2 Japan Market Next Generation Core Network Forecast
10.3.3 Korea Market Next Generation Core Network Forecast
10.3.4 Southeast Asia Market Next Generation Core Network Forecast
10.3.5 India Market Next Generation Core Network Forecast
10.3.6 Australia Market Next Generation Core Network Forecast
10.4 Europe Next Generation Core Network Forecast by Country (2026-2031)
10.4.1 Germany Market Next Generation Core Network Forecast
10.4.2 France Market Next Generation Core Network Forecast
10.4.3 UK Market Next Generation Core Network Forecast
10.4.4 Italy Market Next Generation Core Network Forecast
10.4.5 Russia Market Next Generation Core Network Forecast
10.5 Middle East & Africa Next Generation Core Network Forecast by Region (2026-2031)
10.5.1 Egypt Market Next Generation Core Network Forecast
10.5.2 South Africa Market Next Generation Core Network Forecast
10.5.3 Israel Market Next Generation Core Network Forecast
10.5.4 Turkey Market Next Generation Core Network Forecast
10.6 Global Next Generation Core Network Forecast by Type (2026-2031)
10.7 Global Next Generation Core Network Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Next Generation Core Network Forecast
11 Key Players Analysis
11.1 China Mobile
11.1.1 China Mobile Company Information
11.1.2 China Mobile Next Generation Core Network Product Offered
11.1.3 China Mobile Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 China Mobile Main Business Overview
11.1.5 China Mobile Latest Developments
11.2 Deutsche Telekom
11.2.1 Deutsche Telekom Company Information
11.2.2 Deutsche Telekom Next Generation Core Network Product Offered
11.2.3 Deutsche Telekom Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Deutsche Telekom Main Business Overview
11.2.5 Deutsche Telekom Latest Developments
11.3 AT&T
11.3.1 AT&T Company Information
11.3.2 AT&T Next Generation Core Network Product Offered
11.3.3 AT&T Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 AT&T Main Business Overview
11.3.5 AT&T Latest Developments
11.4 Verizon
11.4.1 Verizon Company Information
11.4.2 Verizon Next Generation Core Network Product Offered
11.4.3 Verizon Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Verizon Main Business Overview
11.4.5 Verizon Latest Developments
11.5 China Unicom
11.5.1 China Unicom Company Information
11.5.2 China Unicom Next Generation Core Network Product Offered
11.5.3 China Unicom Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 China Unicom Main Business Overview
11.5.5 China Unicom Latest Developments
11.6 Huawei
11.6.1 Huawei Company Information
11.6.2 Huawei Next Generation Core Network Product Offered
11.6.3 Huawei Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Huawei Main Business Overview
11.6.5 Huawei Latest Developments
11.7 ձóԾ
11.7.1 ձóԾ Company Information
11.7.2 ձóԾ Next Generation Core Network Product Offered
11.7.3 ձóԾ Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 ձóԾ Main Business Overview
11.7.5 ձóԾ Latest Developments
11.8 Ericsson
11.8.1 Ericsson Company Information
11.8.2 Ericsson Next Generation Core Network Product Offered
11.8.3 Ericsson Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Ericsson Main Business Overview
11.8.5 Ericsson Latest Developments
11.9 Nokia
11.9.1 Nokia Company Information
11.9.2 Nokia Next Generation Core Network Product Offered
11.9.3 Nokia Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Nokia Main Business Overview
11.9.5 Nokia Latest Developments
11.10 Vodafone Group
11.10.1 Vodafone Group Company Information
11.10.2 Vodafone Group Next Generation Core Network Product Offered
11.10.3 Vodafone Group Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Vodafone Group Main Business Overview
11.10.5 Vodafone Group Latest Developments
11.11 NTT DoCoMo
11.11.1 NTT DoCoMo Company Information
11.11.2 NTT DoCoMo Next Generation Core Network Product Offered
11.11.3 NTT DoCoMo Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 NTT DoCoMo Main Business Overview
11.11.5 NTT DoCoMo Latest Developments
11.12 Orange
11.12.1 Orange Company Information
11.12.2 Orange Next Generation Core Network Product Offered
11.12.3 Orange Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 Orange Main Business Overview
11.12.5 Orange Latest Developments
11.13 Samsung
11.13.1 Samsung Company Information
11.13.2 Samsung Next Generation Core Network Product Offered
11.13.3 Samsung Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Samsung Main Business Overview
11.13.5 Samsung Latest Developments
11.14 ZTE
11.14.1 ZTE Company Information
11.14.2 ZTE Next Generation Core Network Product Offered
11.14.3 ZTE Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 ZTE Main Business Overview
11.14.5 ZTE Latest Developments
11.15 SK Telecom
11.15.1 SK Telecom Company Information
11.15.2 SK Telecom Next Generation Core Network Product Offered
11.15.3 SK Telecom Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 SK Telecom Main Business Overview
11.15.5 SK Telecom Latest Developments
11.16 Qualcomm
11.16.1 Qualcomm Company Information
11.16.2 Qualcomm Next Generation Core Network Product Offered
11.16.3 Qualcomm Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 Qualcomm Main Business Overview
11.16.5 Qualcomm Latest Developments
11.17 Cisco
11.17.1 Cisco Company Information
11.17.2 Cisco Next Generation Core Network Product Offered
11.17.3 Cisco Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.17.4 Cisco Main Business Overview
11.17.5 Cisco Latest Developments
11.18 Intel
11.18.1 Intel Company Information
11.18.2 Intel Next Generation Core Network Product Offered
11.18.3 Intel Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.18.4 Intel Main Business Overview
11.18.5 Intel Latest Developments
11.19 LG
11.19.1 LG Company Information
11.19.2 LG Next Generation Core Network Product Offered
11.19.3 LG Next Generation Core Network Revenue, Gross Margin and Market Share (2020-2025)
11.19.4 LG Main Business Overview
11.19.5 LG Latest Developments
12 Research Findings and Conclusion
*If Applicable.