5G Core Service-Based Architecture (SBA) Market Forecasts Report 2024-2029: Growing Cloud-Native Key to 5G SBA is Expected to Increase Global Demand [Yahoo! Finance]
Ericsson - American Depositary Shares each representing 1 underlying Class B share (ERIC)
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Source: Yahoo! Finance
- Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering. 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 a
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