The Mobile Core Network Market Grew 10 Percent Year Over Year to Nearly $8 Billion for The Trailing Four Quarters Ending in 1Q20, According to Dell'Oro Group
REDWOOD CITY, Calif., June 2, 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, the Mobile Core Network market grew 10 percent year over year to nearly $8 Billion for the trailing four quarters ending in 1Q20. Growth is expected to accelerate over the next four quarters due to 5G Core deployments.
"Our outlook has become more positive, especially since the Chinese service providers accelerated their plans for 5G Core deployments," stated David Bolan, Senior Analyst at Dell'Oro Group. "China Mobile and China Unicom have completed their 5G Core tenders, and plan to launch 5G service early in 3Q20. We expect other Chinese service providers will follow very soon. This has raised our outlook to an anticipated growth of 14 percent year over year for the trailing four quarters ending in 1Q21."
"There are other factors influencing the uptake. The COVID-19 pandemic is now seen mostly as a positive for the wireless infrastructure sector with more demand for voice and data. Plus the T-Mobile/Srint merger has completed, and the new T-Mobile is moving ahead with an aggressive 5G build," Bolan continued.
Additional highlights from the Mobile Core Network 1Q20 report:
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 Core, IMS Core, Policy, Subscriber Management, licenses by Non-NFV and NFV, and by geographic regions. To purchase this report, please contact us at email@example.com.
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.
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SOURCE Dell'Oro Group