The 5G Core Service-Based Architecture (SBA) market is projected to witness a CAGR of 35.52% during the forecast period to reach a total market size of US$20.80 billion by 2029, up from US$4.55 billion in 2024.
The modular 5G Core Service-Based Architecture (SBA) isutilized in deploying and scaling different network functions as needed. It also provides network slicing to build independent virtual networks tailored to individual requirements. SBA helps enhance network efficiency and reduce cost by allowing resource optimization, automation, and orchestration tools. It also benefits from virtualization and cloud technologies developments, including the flexibility of virtualized network functions (VNFs), which can be worked on standard servers or cloud platforms for immediate deployment and service scalability.
Furthermore, a number of the SBA pieces are purposely designed as cloud-native and can take advantage of more advanced native services in the cloud. They are utilized with cloud technologies for elastic, high-performance scalability with built-in redundancy, maintainability, and cost-effectiveness, contributing to market expansion.
Meanwhile, they have to work with NFs deployed on off-the-shelf hardware residing within cloud infrastructure that are not managed as part of the Management and Orchestration (MANO) stack and need additional gateways/RGs to communicate with other authorized NFs. These are very similar to using APIs (Application Programming Interfaces) based service interfaces in applications. Service providers can use a cloud-native framework to develop SBA with microservices. This cloud-native model introduces granular capacity provisioning, key for 5G, as it allows resources to be allocated following mean rather than peak demand, making it more efficient.
For instance, in February 2024, Elisa, a major European service provider, launched Finland's first 5G standalone phone subscriptions for next-generation and a smoother experience. Over the next few months, those subscriptions were supplemented with user benefits and power savings. The 5G standalone network enhances energy efficiency, using less energy per unit of the data that is being transferred than older network technologies.
The modular 5G Core Service-Based Architecture (SBA) isutilized in deploying and scaling different network functions as needed. It also provides network slicing to build independent virtual networks tailored to individual requirements. SBA helps enhance network efficiency and reduce cost by allowing resource optimization, automation, and orchestration tools. It also benefits from virtualization and cloud technologies developments, including the flexibility of virtualized network functions (VNFs), which can be worked on standard servers or cloud platforms for immediate deployment and service scalability.
Furthermore, a number of the SBA pieces are purposely designed as cloud-native and can take advantage of more advanced native services in the cloud. They are utilized with cloud technologies for elastic, high-performance scalability with built-in redundancy, maintainability, and cost-effectiveness, contributing to market expansion.
5G CORE SERVICE-BASED ARCHITECTURE (SBA) MARKET DRIVERS:
- Growing Cloud-Native key to 5G SBA is expected to increase the global demand for 5G Core Service-Based Architecture (SBA).
Meanwhile, they have to work with NFs deployed on off-the-shelf hardware residing within cloud infrastructure that are not managed as part of the Management and Orchestration (MANO) stack and need additional gateways/RGs to communicate with other authorized NFs. These are very similar to using APIs (Application Programming Interfaces) based service interfaces in applications. Service providers can use a cloud-native framework to develop SBA with microservices. This cloud-native model introduces granular capacity provisioning, key for 5G, as it allows resources to be allocated following mean rather than peak demand, making it more efficient.
5G Core Service-Based Architecture (SBA) Market Geographical Outlook:
- The European region is expected to hold a substantial 5G Core Service-Based Architecture (SBA) market share.
For instance, in February 2024, Elisa, a major European service provider, launched Finland's first 5G standalone phone subscriptions for next-generation and a smoother experience. Over the next few months, those subscriptions were supplemented with user benefits and power savings. The 5G standalone network enhances energy efficiency, using less energy per unit of the data that is being transferred than older network technologies.
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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive IntelligenceReport Coverage:
- Historical data & forecasts from 2022 to 2029
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
Market Segmentation:
The 5G Core Service-Based Architecture (SBA) market is segmented and analyzed as below:- By Architecture
- 5G Core
- Data Management (UDM+UDR+FE+AUSF)
- Policy Control & Charging (PCF+BSF+CHF)
- By Use Care
- Mobile Broadband
- Others
- By Geography
- Americas
- United States
- Others
- Europe, Middle East, and Africa
- United Kingdom
- Germany
- Others
- Asia Pacific
- China
- Japan
- South Korea
- Others
- Americas
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
6. 5G CORE SERVICE-BASED ARCHITECTURE (SBA) MARKET BY ARCHITECTURE
7. 5G CORE SERVICE-BASED ARCHITECTURE (SBA) MARKET BY USE CARE
8. 5G CORE SERVICE-BASED ARCHITECTURE (SBA) MARKET BY GEOGRAPHY
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
11. COMPANY PROFILES
Companies Mentioned
Some of the key companies profiled in this 5G Core Service-Based Architecture (SBA) Market report include:- Huawei Technologies Co., Ltd.
- ZTE Corporation
- Telefonaktiebolaget LM Ericsson
- Nokia Corporation
- Alepo Technologies Inc.
- NEC Corporation
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 147 |
Published | October 2024 |
Forecast Period | 2024 - 2029 |
Estimated Market Value ( USD | $ 4.55 Billion |
Forecasted Market Value ( USD | $ 20.8 Billion |
Compound Annual Growth Rate | 35.5% |
Regions Covered | Global |
No. of Companies Mentioned | 6 |