Industry News
Global mobile core network market cumulative revenue will decline
Views : 666
Author : JIUZHOU
Update time : 2024-07-19 09:58:40
Due to slow economic growth, high interest rates and slow penetration of 5G SA networks. The mobile core network market is in trouble. Cumulative revenue is expected to decline by 10% in the next five years.
According to the latest forecast report released by the market research company. The global mobile core network (MCN) market is expected to decline by 10% in five years (2024-2028).
What is the reason for the downward revision of the forecast? Severe economic headwinds and slow 5G SA network deployment by mobile network operators (MNOs).
The research director of the market research company said:
"It is worth reiterating that this is the fifth consecutive time that we have reduced the growth rate of the MCN market."
"Because the construction of 5G SA networks continues to weaken compared with 5G non-standalone networks."
"This is the first time that the forecast for the next five years has been reduced to a negative annual compound growth rate compared to the past five years (2023-2028).
"Currently, the number of 5G SA networks commercially deployed by mobile network operators is flat at the end of 2023, at about 50."
"For the same reasons as the MCN market, we have lowered our five-year cumulative revenue forecast for the multi-access edge computing (MEC) market, a sub-market of the MCN market, by 18%."
"MEC adoption is much slower than the overall MCN market." The industry is addressing these issues through several initiatives such as opening up gateway application "programmable interfaces (APIs)."
"To attract application developers to develop applications for the mobile industry."
"These applications can be easily used across all mobile network operators."
"However, these solutions will take time to be introduced to the market. ”
"More importantly, they will take time to have an impact on overall market growth. ”
The market research company’s research director added.
According to the latest forecast report released by the market research company. The global mobile core network (MCN) market is expected to decline by 10% in five years (2024-2028).
What is the reason for the downward revision of the forecast? Severe economic headwinds and slow 5G SA network deployment by mobile network operators (MNOs).
The research director of the market research company said:
"It is worth reiterating that this is the fifth consecutive time that we have reduced the growth rate of the MCN market."
"Because the construction of 5G SA networks continues to weaken compared with 5G non-standalone networks."
"This is the first time that the forecast for the next five years has been reduced to a negative annual compound growth rate compared to the past five years (2023-2028).
"Currently, the number of 5G SA networks commercially deployed by mobile network operators is flat at the end of 2023, at about 50."
"For the same reasons as the MCN market, we have lowered our five-year cumulative revenue forecast for the multi-access edge computing (MEC) market, a sub-market of the MCN market, by 18%."
"MEC adoption is much slower than the overall MCN market." The industry is addressing these issues through several initiatives such as opening up gateway application "programmable interfaces (APIs)."
"To attract application developers to develop applications for the mobile industry."
"These applications can be easily used across all mobile network operators."
"However, these solutions will take time to be introduced to the market. ”
"More importantly, they will take time to have an impact on overall market growth. ”
The market research company’s research director added.
Related News
Read More >>
Optical Connectivity: The Engine of AI Scaling
May .08.2026
With the rapid growth of generative AI and large language models, data centers are quickly becoming intelligent computing centers. The growing demand for computing power from AI models is not just about performance.
5G Core & MEC: AI-Driven Growth Through 2030
Apr .17.2026
Global communications infrastructure is currently witnessing a long-awaited "second wave of explosive growth."
6G Outlook: The Future of Next-Gen Wireless Communication
Apr .03.2026
The transition from 5G to 6G is more than just faster internet speeds. 6G will bring new changes to network design, operation, and business models. Wireless communication will become smarter, more efficient, and more energy-efficient.
Ready or Not, Next-Gen Communication Is Here
Mar .20.2026
Standardization efforts for the next generation of mobile communication technologies commenced in 2025. They project commercial deployment to take place around 2030.