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.

1. The Mobile Core Network (MCN) is projected to decline by 10% from 2024 to 2028 due to economic challenges and slow 5G Standalone adoption. 2. Dell'Oro reports a fifth consecutive reduction in MCN market growth rate, with the 5-year CAGR turning negative for the first time. 3. The Multi-Access Edge Computing (MEC) market, a subset of MCN, faces an 18% reduction in cumulative revenue forecast, with initiatives like open APIs and Release 18 aiming to address these issues.