➀ The 3Q 2024 Mobile Core Network (MCN) market saw a 12% year-over-year (y-o-y) increase after a 15% y-o-y decline in the previous quarter. ➁ The 5G MCN market rebounded with a 20% y-o-y growth. ➂ Dell'Oro estimates the 2024 MCN market revenues will end below 2023, and 2025 will be slightly higher than 2024.