5G Core Market Analysis

In-depth Analysis of 5G Core Market Industry Landscape

5G must function effectively across various environments, including the network edge, private clouds, public clouds, and on-premises, to support diverse use cases. Ericsson emphasizes the significance of cloud-native 5G, covering aspects such as application design, technology infrastructure, operational procedures, and management and orchestration. Google's Global Mobile Edge Cloud (GMEC) strategy aims to make cloud technologies more accessible to CSPs for their 5G services. It involves delivering a portfolio of 5G solutions, an open cloud platform, and a globally distributed edge for optimal deployment.

The strategy enables businesses to leverage 5G capabilities at the edge for enhanced in-store experiences, AI-based visual inspections, and improved on-premises computing. The pace of global 5G deployment plays a pivotal role in its evolution as the defining technology for smart cities. The increasing urban population, with 68% projected to reside in cities by 2050, underscores the importance of telecommunications infrastructure for smart city projects. Smart cities rely on automation and networking to manage resources efficiently. The transition to digital technologies has already begun in various cities, aiming to create a safer and more streamlined living environment. Interconnecting streets, buildings, and devices through sensors allows for data collection and analysis, enabling real-time adjustments to enhance smart city operations.

The deployment of 5G introduces a foundation for scalable and reliable connectivity, enabling high data rates with minimal latency. Smart cities leverage IoT devices, and 5G facilitates real-time relay of data from sensors to central monitoring stations. The integration of massive machine type communication (MMTC) and critical machine type communication (CMTC) aligns with the goal of cities becoming more digitally automated, catering to diverse applications such as smart buildings, logistics, fleet management, air and water quality monitoring, autonomous vehicles, remote healthcare, traffic safety control, and electric grid control. These services reflect the transformative potential of 5G in advancing digital automation in urban environments.