5G Public Cloud Market Size, Share, Opportunities, And Trends By Software (5G Core, IMS Core, VRAN), By Infrastructure (Servers, Storage), By Deployment (Non-Standalone, Standalone), And By Geography - Forecasts From 2024 To 2029

The global 5G public cloud market is expected to grow at a CAGR of 66.29% from US$392.273 million in 2022 to US$13,794.333 million in 2029.

GROWTH DRIVERS

• 5G standalone networks Deployment

The potential of 5G is exciting, offering new possibilities like reduced latency, higher bandwidth, and faster mobility. Communication Service Providers (CSPs) transitioning to 5G standalone (SA) core on the cloud must adapt their network operations, go-to-market strategies, and service delivery. Many providers are still deciding how to collaborate with large cloud companies, especially in utilizing the public cloud as a base for 5G SA deployments and harnessing hyper-scale infrastructure for expanded network coverage. Moreover, building ecosystems and partnerships is crucial for CSPs to provide dynamic network infrastructure benefits to their enterprise customers.

• Unabated rise in adoption of advanced technologies  

The increasing adoption of cutting-edge technologies like big data, artificial intelligence (AI), and machine learning (ML), among others, is poised to expedite the demand for 5G cloud services. These innovative technologies are revolutionizing the landscape by aiding users in the oversight, analysis, and representation of raw data. Incorporating these emerging technologies in tandem with cloud-based solutions would empower businesses to enhance their data visualization capabilities and simplify the accessibility and usability of intricate data sets.

In June 2024, Amazon Web Services announced the company’s AWS Public Sector Generative Artificial Intelligence (AI) Impact Initiative. The company will be investing US$50 million in a period of two years to help public sector organizations, as it will help in supporting public sector technology needs. This initiative will help in accelerating innovation and critical support the AWS generative artificial intelligence (AI) services, and infrastructure. The public sector companies will be able to use Amazon’s services such as Amazon SageMaker, AWS HealthScribe, AWS Trainium, and AWS Inferentia.

In September 2023, Ericsson announced to expand its long-standing partnership with Google Cloud to develop Ericson Cloud RAN solution on Google Distributed Cloud (GDC), which offers an integrated orchestration and automation to leverage artificial intelligence, and machine learning for communication service providers.   

INCREASED NUMBER OF SMARTPHONE ENABLED WITH EG TECHNOLOGY

The market for 5G is expected to expand, owing to the increasing penetration of smartphones that are enabled with 5G technology. The surge in mobile subscriptions is significantly propelling the growth of the public cloud market. As more enterprises embrace mobile devices and access cloud-based services, demand for cloud infrastructure and services soars.

According to the Ericsson 2023 Mobility Report, the global landscape is witnessing a robust surge in 5G mobile subscriptions, with projections indicating that they will surpass 1.5 billion by the close of 2023. The data also reveals as of 2022, 950 million mobile subscriptions reached and the momentum continues to build, with a significant addition of 125 million 5G subscriptions during the first quarter of 2023, bringing the total to 1.1 billion worldwide.

EMERGING OPPORTUNITIES IN THE 5G Public Cloud Market

• Multicloud Infrastructure is increasing rapidly

In corporate technology, multi cloud has become the trend. The term “cloud” over the years has nearly become a synonym for IT as companies seek to achieve more agility and operational efficiency through this technology. Cloud services are now being viewed as major facilitators of business success hence organizations are looking at how they can use their cloud strategies to gain competitive advantage. It is no longer seen as the best option to choose only one provider for cloud services. But the main aim is to access the top-level services. As new problems, such as increased remote work, and interactions with fresh firms appeared, a multi-cloud approach was adopted to allow them to obtain flexibility and scalability required for this changing business environment.

5G standalone (SA) core on cloud

The deployment of a 5G standalone (SA) core on the cloud involves core network functions conforming to 3GPP 5G standards. Deploying this cloud-native 5G standalone core (5GC) on multi-cloud platforms unlocks opportunities for broader ecosystem innovation, facilitates ongoing software updates, and enables quick scalability to meet on-demand requirements. This approach is underpinned by increased resilience and security. Communication service providers (CSPs) can gain advantages by deploying their core on a hyper scaler's cloud infrastructure, leveraging its ecosystem and partnerships, and harnessing private, public, or hybrid cloud models.

In the month of March 2023, Swisscom and Ericsson came together with Amazon Web Services (AWS) to carry out a Proof-of-Concept (PoC) aimed at examining the possible use cases of hybrid cloud in the context of 5G. The main aim behind this joint venture is to highlight the merits of these use cases for telecommunication operators. This PoC will concentrate on situations which make the most of what hybrid and public cloud solutions offer differently from each other.

GEOGRAPHICAL PRESENCE

In June 2022, Tele2 AB ("Tele2") unveiled a partnership with Amazon Web Services (AWS) to augment its cloud services and cloud management offerings, facilitating rapid and adaptable cloud access for enterprises. With this partnership with AWS, Tele2 is now more proficient in assisting its customers in the Nordic and Baltic regions to expedite their transformation and leverage new possibilities created by the convergence of 5G and edge cloud computing.

MAJOR PLAYERS IN THE MARKET

Some of the leading players in the market include Microsoft, Amazon, and Google among others. The product offerings of the major corporations include the following:

COMPANY NAME	PRODUCT NAME	DESCRIPTION
Microsoft	Azure	The Azure Private 5G Core provides an uncomplicated, adaptable, and protected setup for private 5G core networks through the Azure Arc-managed edge platform within the Azure private multi-access edge compute (MEC) solution. You can deploy and establish connections within minutes to serve various indoor and outdoor scenarios, while also enabling centralized management of private 5G networks spanning multiple sites.
Amazon	AWS	In the realm of public cloud services, Amazon Web Services (AWS) delivers offerings like Amazon Elastic Compute Cloud (Amazon EC2), offering infrastructure and services accessible over the public internet. AWS's public cloud solutions present several benefits, including cost-effectiveness, automated deployment, scalability, security, recovery, and reliability.
Google	Google Cloud Platform (GCP)	The synergy of Google Cloud infrastructure with 5G, the cloud, and edge computing represents an innovative paradigm with the capacity to revolutionize numerous industries. Manufacturers, in particular, will harness the power of 5G and the cloud to revolutionize and enhance their production processes.

5G Public Cloud Market Scope:

 

Report Metric	Details
Market Size Value in 2022	US$392.273 million
Market Size Value in 2029	US$13,794.333 million
Growth Rate	CAGR of 66.29% from 2022 to 2029
Study Period	2019 to 2029
Historical Data	2019 to 2022
Base Year	2023
Forecast Period	2024 – 2029
Forecast Unit (Value)	USD Million
Segments Covered	Software Infrastructure Deployment Geography
Companies Covered	Amazon Web Services, Inc. Microsoft Corporation Google LLC IBM Oracle Corporation
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope	Free report customization with purchase

 

MARKET SEGMENTATION

• By Software
  • 5G Core
  • IMS Core
  • vRAN
• By Infrastructure
  • Servers
  • Storage
• By Deployment
  • Non-Standalone
  • Standalone
• By Geography
  • Americas
    • United States
    • Others
  • EMEA
    • Germany
    • UK
    • Others
  • APAC
    • China
    • Japan
    • South Korea
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Market Segmentation

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Bandwidth Availability

4.4. Number of Users

5. GOVERNMENT REGULATIONS/POLICIES

6. 5G PUBLIC CLOUD MARKET, BY SOFTWARE 

6.1. Introduction

6.2. 5G Core

6.3. IMS Core

6.4. vRAN

7. 5G PUBLIC CLOUD MARKET, BY INFRASTRUCTURE

7.1. Introduction

7.2. Servers

7.3. Storage

8. 5G PUBLIC CLOUD MARKET, BY DEPLOYMENT

8.1. Introduction

8.2. Non-Standalone

8.3. Standalone

9. 5G PUBLIC CLOUD MARKET, BY GEOGRAPHY

9.1. Introduction

9.2. Americas

9.2.1. United States

9.2.2. Others

9.3. Europe, Middle East and Africa

9.3.1. Germany

9.3.2. UK

9.3.3. Others

9.4. Asia Pacific

9.4.1. China

9.4.2. Japan

9.4.3. South Korea

9.4.4. Others

10. RECENT DEVELOPMENT AND INVESTMENTS

11. COMPETITIVE ENVIRONMENT AND ANALYSIS

11.1. Major Players and Strategy Analysis

11.2. Vendor Competitiveness Matrix

12. COMPANY PROFILES

12.1. Amazon Web Services, Inc.

12.2. Microsoft Corporation

12.3. Google LLC

12.4. IBM

12.5. Oracle Corporation

12.6. Red Hat, Inc. 

Amazon Web Services, Inc.

Microsoft Corporation

Google LLC

IBM

Oracle Corporation

Red Hat, Inc.