5G Core Fuels Growth in Mobile Core Networks According to Dell'Oro Group
REDWOOD CITY, Calif., Nov. 24, 2020 /PRNewswire/ -- 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 5G Core (5GC) market are accelerating the rate of growth for Mobile Core Network (MCN) market that began in 2018. Chinese service providers are leading the charge commanding the largest share of 5G Core deployments to date as they accelerated deployments to more than 35 percent quarter-over-quarter.
"5GC revenues again came in surprisingly strong. Huawei and ZTE led the charge, making them the first and second-ranked vendors for 5GC in 3Q 2020, being the primary 5GC suppliers to the Chinese service providers," stated David Bolan, Research Director at Dell'Oro Group. "We have seen an industry-wide focus on the enterprise for private networking and multi-access edge computing, and coupled with the accelerated 5G Core deployments we expect a very robust 4Q 2020 and 2021," Bolan added.
Other highlights from the 3Q 2020 Mobile Core Network Rport:
About the Report
About Dell'Oro Group
View original content to download multimedia:http://www.prnewswire.com/news-releases/5g-core-fuels-growth-in-mobile-core-networks-according-to-delloro-group-301179333.html
SOURCE Dell'Oro Group
Session Details TBA
How to Get RoI from Your IoT
Protecting Critical Infrastructure with Epic Security