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5G core network revenues are pushing towards US$1 billion in revenue in 2020

2020 / 09 / 07

5G core network revenues are pushing towards US$1 billion in revenue in 2020, propelled by strong investment and growth in 5G networks.
According to Dell’Oro Group’s Mobile Core Network Quarterly Report, service providers are ramping up their 5G Core market deployments – a trend that is expected to continue well into 2021.
In 2020, 5G Core deployments accounted for almost 15% share of mobile core network revenues. Further, 4G/5G Core network revenues grew 15% year over year, for the trailing four quarters ending in Q2, 2020.
The report also notes that IMS Core VoLTE revenues grew 8% year over year, for the trailing four quarters ending in 2Q20. Network Function Virtualization also exceeded 50%, for the first time in 2Q20.
“This is the first quarter vendors started to report 5G Core revenues, and revenues came in surprisingly strong,” declares Dell’Oro Group research director David Bolan.

He notes that Huawei and ZTE are leading the pack in the 5G Core space, and even vendors such as Mavenir are adding it to their revenue. 

#Huawei #5G #Transceiver #SFP

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