#North America Virtualized Evolved Packet Core (vEPC) Market Share
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globalgrowthinsights · 11 months ago
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Automatic Identification and Data Capture Market: Dissecting the Factors Steering Growth and Potential Risks
Automatic Identification and Data Capture Market provides in-depth analysis of the market state of Automatic Identification and Data Capture manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automatic Identification and Data Capture in these regions till the forecast period
North America
Middle East and Africa
Asia-Pacific
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Europe
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The report offers a comprehensive and broad perspective on the global Automatic Identification and Data Capture Market.
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The report will help in the analysis of major competitive market scenario, market dynamics of Automatic Identification and Data Capture.
Major stakeholders, key companies Automatic Identification and Data Capture, investment feasibility and new market entrants study is offered.
Development scope of Automatic Identification and Data Capture in each market segment is covered in this report. The macro and micro-economic factors affecting the Automatic Identification and Data Capture Market
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bhavanameti · 1 year ago
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Virtualized Evolved Packet Core Market Projected to Reach $19.87 Billion by 2031
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Meticulous Research®—a leading global market research company, published a research report titled, ‘Virtualized Evolved Packet Core Market by Component (Solutions, Services), Application (LTE, VoLTE, IoT & M2M, MPN & MVNO), Deployment Mode (On-premise, Cloud), End User (Telecom, Enterprises), and Geography - Global Forecast to 2031.’
According to the latest publication from Meticulous Research®, the virtualized evolved packet core (vEPC) market is projected to reach $19.87 billion by 2031, growing at a CAGR of 19.3% from 2024 to 2031. This growth is driven by the significant increase in mobile data traffic volumes and the rising demand for high-speed data services. However, data security risks associated with vEPC infrastructure pose challenges to market growth. Additionally, increasing investments in 5G technology, the rising adoption of cloud-native 5G core solutions, and the growing use of IoT technology present substantial growth opportunities for market players. Challenges such as the reliability of vEPC solutions and misconceptions about them remain, while the integration of edge computing with vEPC technology is emerging as a prominent trend.
Market Segmentation
By Component:
Solutions and Services: In 2024, the solutions segment is expected to account for the larger share of the market, driven by the need to reduce OPEX and CAPEX, increasing mobile data traffic, and the benefits of vEPC, including agility, flexibility, scalability, and low-latency delivery. For instance, in December 2022, T-Mobile USA, Inc. collaborated with Cisco Systems, Inc. to launch a cloud-native converged core gateway, enhancing performance by over 10% in speed and latency. The services segment is expected to register the higher CAGR due to the growing need for vEPC consulting, solution development, and maintenance.
By Application:
MPN & MVNO, LTE & VoLTE, and IoT & M2M: In 2024, the MPN & MVNO segment is expected to hold the largest share, attributed to the increasing penetration of mobile devices, rising demand for low-cost mobile services, and high-speed internet connectivity. The IoT & M2M segment is expected to register the highest CAGR, driven by the need for remote monitoring of devices, autonomous decision-making, and control of real-world objects.
By Deployment Mode:
On-Premise and Cloud-Based Deployments: In 2024, the on-premise deployments segment is expected to account for the larger share due to large enterprises' preference for on-premise vEPC solutions for greater control. The cloud-based deployments segment is expected to register the higher CAGR due to benefits like easy maintenance, cost-effectiveness, scalability, and the growing demand for cloud-based vEPC.
By End User:
Telecom Operators, Enterprises, and Others: In 2024, the telecom operators segment is expected to hold the largest share, driven by the adoption of vEPC solutions to improve latency, IT agility, speed, and bandwidth connectivity. This segment is also expected to register the highest CAGR, supported by initiatives to reduce OPEX and CAPEX.
Geographical Analysis
North America: Expected to hold the largest market share in 2024, driven by the adoption of vEPC solutions to enhance network infrastructure, the proliferation of advanced networking technologies, and government support for 5G infrastructure development. For instance, in December 2021, Ericsson partnered with Nex-Tech Wireless to launch 5G capabilities in Kansas.
Asia-Pacific: Expected to register the highest CAGR, driven by increasing mobile subscribers, growing mobile data traffic, adoption of network function virtualization solutions, and the deployment of 5G-ready cloud core solutions. For example, in August 2021, Asia-Pacific Telecom Co Ltd selected Ericsson to modernize Taiwan's LTE network with 5G NSA technology.
Key Players
Key players in the virtualized evolved packet core market include Cisco Systems, Inc. (U.S.), Telefonaktiebolaget Lm Ericsson SE (Sweden), Huawei Technologies Co., Ltd. (China), Samsung Electronics Co., Ltd. (South Korea), Nokia Corporation (Finland), Affirmed Networks (a subsidiary of Microsoft Corporation) (U.S.), Mavenir Systems, Inc. (U.S.), ZTE Corporation (China), F5 Inc. (U.S.), NEC Corporation (Japan), IPLOOK Networks Co., Limited (Hong Kong), Parallel Wireless, Inc. (U.S.), Polaris Networks (a subsidiary of Motorola Solutions, Inc.) (U.S.), Athonet S.r.l. (a subsidiary of Hewlett Packard Enterprise) (Italy), Intel Corporation (U.S.), Tecore Networks (U.S.), Lemko Corporation (U.S.), and Metaswitch Networks Ltd (a subsidiary of Microsoft Corporation) (U.K.).
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Key Questions Answered in the Report:
Which are the high-growth market segments in terms of component, application, deployment mode, and end user?
What is the historical market size for the global virtualized evolved packet core market?
What are the market forecasts and estimates for 2024–2031?
What are the major drivers, restraints, opportunities, challenges, and trends in the global virtualized evolved packet core market?
Who are the major players in the global virtualized evolved packet core market, and what are their market shares?
What is the competitive landscape like?
What are the recent developments in the global virtualized evolved packet core market?
What are the different strategies adopted by major market players?
What are the trends and high-growth countries?
Who are the local emerging players in the global virtualized evolved packet core market, and how do they compete with the other players?
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emaanderson · 2 years ago
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Virtual Evolved Packet Core (vEPC) Market Current Trends Key Players and Analysis Till 2035
Research Nester published a report titled “Virtual Evolved Packet Core (vEPC) Market: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of virtual evolved packet core (vEPC) in terms of market segmentation by component, deployment type, application, end user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The wider use of smart and more data-intensive devices have increased the demand for seamless high-quality network service. There is a rapid rise in the number of LTE subscribers around the world. More than 85% of the world population had access to 4G network in 2020. vEPC was introduced for 4G LTE network to provide enhanced connectivity. Driven by these factors, the global virtual evolved packet core (vEPC) market is estimated to generate a revenue of USD 21 Billion by 2035. The market is estimated to attain a CAGR of ~24% over the forecast period, i.e., 2023 – 2035. The market is segmented by component into solutions and services, out of which, the solutions segment is expected to hold the leading share over the forecast period owing to increasing deployment of vEPC solutions to cater the growing demand for high-speed data networks.
In Q4 2021, USA current-account deficit widened stood at $224.8 billion. However, in Q1 22, CAD rose by 29.6%, reached to $291.4 billion, adding $66.6 billion to the gap. Export of good and services increased by $25.7 billion to reach $1.03 trillion in the first quarter of 2022. However, goods and services deficit was $79.6 billion in June, down $5.3 billion from $84.9 billion in May, revised- reflecting some sight of relief. On the other hand, annual inflation rate in the country hit 8.5%. Energy CPI surged by 32.9% in July 2022, inflating the cost of logistic and some signs to disrupt supply chain whilst electricity cost upsurged by 15.2%, highest since Feb 2006. Apart from that, In July 2022, existing US home sales declined 5.9% to 4.81 million (seasonally adjusted annual rate), the lowest since May of 2020 and below market expectations of 4.89 million. As mortgage rate touches to peak 6%, sales for houses declined for a sixth consecutive month. Global energy crises to remain at focal point, pushing consumers to spend less on the products and services and save more.
On the other hand, the worst is expected to be seen in the European countries especially during 2022 winters. The energy and gas crises has already started grappling the region where in many Western European countries including Germany is looking for coal fired solutions to tackle the gas supply shortage, created by Russian-Ukraine conflict.
Amidst global concerns, market players have started looking for safe investments by holding on to the new technology and product launches. Factors like currency translation, disruption in global supply chain, Anti-China sentiments brewing across the globe, slowdown in Chinese economy, inflated products prices, USD getting stronger every week, decreasing purchasing power and strict measures taken by central banks/institutions across the world to ensure less spending and more saving, could hit the demand for the product and service badly in near future.
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Geographically, the global virtual evolved packet core (vEPC) market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region, out of which, North America holds the largest market share and is projected to grow at a significant rate, followed closely by Europe. Additionally, the market in Asia-Pacific is estimated to witness fastest growth during the forecast period.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Growing Adoption of 5G Network to Boost Market Growth
5G networks are expected to be the next big leap in mobile networks infrastructure. While existing 4G LTE technology is sufficient for the majority of IoT applications, the high-speed, high-capacity, low-latency of 5G networks will meet the demands of increasing data-intensive applications. By 2025, approximately 25% of the total mobile connections worldwide is expected to be on a 5G network. Virtual evolved packet core (vEPC) will play an integral part in the ongoing development with 5G network. These factors are fostering the growth of the global vEPC market market.
Request a Sample Copy of Concerned Market Report @ https://www.researchnester.com/sample-request-4131
However, the reluctance to transition from legacy infrastructure and compete with virtualization is retraining the growth of the market. Moreover, the lack of awareness and resources to switch over to virtualization, and the significant amount of expenses are further expected to operate as barriers to the growth of global vEPC market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global virtual evolved packet core (vEPC) market which includes company profiling of Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Nanjing ZTE software Co. Ltd., Nokia Corporation, Huawei Technologies Co., Ltd., Affirmed Networks, Mavenir Systems, Inc., Samsung Electronics Co., and others.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global virtual evolved packet core (vEPC) market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.   
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kudos12 · 3 years ago
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Research Nester published a report titled “Virtual Evolved Packet Core (vEPC) Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of virtual evolved packet core (vEPC) in terms of market segmentation by component, deployment type, application, end user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The wider use of smart and more data-intensive devices have increased the demand for seamless high-quality network service. There is a rapid rise in the number of LTE subscribers around the world. More than 85% of the world population had access to 4G network in 2020. vEPC was introduced for 4G LTE network to provide enhanced connectivity. Driven by these factors, the global virtual evolved packet core (vEPC) market is estimated to generate a revenue of USD 21 Billion by 2031. The market is estimated to attain a CAGR of ~24% over the forecast period, i.e., 2022 – 2031. The market is segmented by component into solutions and services, out of which, the solutions segment is expected to hold the leading share over the forecast period owing to increasing deployment of vEPC solutions to cater the growing demand for high-speed data networks.
Download Sample of This Strategic Report @ https://www.researchnester.com/sample-request-4131
Geographically, the global virtual evolved packet core (vEPC) market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region, out of which, North America holds the largest market share and is projected to grow at a significant rate, followed closely by Europe. Additionally, the market in Asia-Pacific is estimated to witness fastest growth during the forecast period.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Growing Adoption of 5G Network to Boost Market Growth
5G networks are expected to be the next big leap in mobile networks infrastructure. While existing 4G LTE technology is sufficient for the majority of IoT applications, the high-speed, high-capacity, low-latency of 5G networks will meet the demands of increasing data-intensive applications. By 2025, approximately 25% of the total mobile connections worldwide is expected to be on a 5G network. Virtual evolved packet core (vEPC) will play an integral part in the ongoing development with 5G network. These factors are fostering the growth of the global vEPC market market.
Request a Sample Copy of Concerned Market Report @ https://www.researchnester.com/sample-request-4131
However, the reluctance to transition from legacy infrastructure and compete with virtualization is retraining the growth of the market. Moreover, the lack of awareness and resources to switch over to virtualization, and the significant amount of expenses are further expected to operate as barriers to the growth of global vEPC market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global virtual evolved packet core (vEPC) market which includes company profiling of Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Nanjing ZTE software Co. Ltd., Nokia Corporation, Huawei Technologies Co., Ltd., Affirmed Networks, Mavenir Systems, Inc., Samsung Electronics Co., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global virtual evolved packet core (vEPC) market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.   
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credibleauomotive · 3 years ago
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Virtual Evolved Packet Core (vEPC) Market Comprehensive Research Study, Regional Growth, Business Top Key Players Analysis
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Global Virtual Evolved Packet Core (vEPC) Market report emphasizes on the detailed understanding of some decisive factors such as size, share, sales, forecast trends, supply, production, demands, industry and CAGR in order to provide a comprehensive outlook of the global market. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Virtual Evolved Packet Core (vEPC) Market”.
Global Virtual Evolved Packet Core (vEPC) Market research report analyzes top players in the key regions like North America, South America, Middle East and Africa, Asia and Pacific region. It delivers insight and expert analysis into key consumer trends and behavior in market place, In addition to an overview of the market data and key brands. It also provides all data with easily digestible information to guide every businessman’s future innovation and move business ahead.
Global Virtual Evolved Packet Core (vEPC) Market Segmentation Analysis:
Major Players in Virtual Evolved Packet Core (vEPC) market are: Ericsson AB ZTE Corporation Mavenir Cisco Systems, Inc. ng4T GmbH Intel Corporation NEC Corporation Huawei Technologies Co., Ltd. Nokia Corporation Affirmed Networks Most important types of Virtual Evolved Packet Core (vEPC) products covered in this report are: Cloud Premise Most widely used downstream fields of Virtual Evolved Packet Core (vEPC) market covered in this report are: LTE IoT and M2M Volte and VoWiFi BWA MPN MVNO
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Virtual Evolved Packet Core (vEPC) Market, By Geography:
The regional analysis of Virtual Evolved Packet Core (vEPC) market is studied for region such as Asia pacific, North America, Europe and Rest of the World. The North America is one of the leading region in the market due to numerous cross industry collaborations taking place between automotive original equipment manufacturers and mobile network operators (MNOs) are taking place for continuous internet connectivity inside a car to enhance the user experience of connected living, while driving. Asia-Pacific region is one of the prominent player in the market owing to large enterprises and SMEs in the region are increasingly adopting Virtual Evolved Packet Core (vEPC) solutions.
Some Points from Table of Content
Global Virtual Evolved Packet Core (vEPC) Market 2022 by Company, Regions, Type and Application, Forecast to 2030
1 Virtual Evolved Packet Core (vEPC) Introduction and Market Overview
2 Industry Chain Analysis
3 Global Virtual Evolved Packet Core (vEPC) Market, by Type
4 Virtual Evolved Packet Core (vEPC) Market, by Application
5 Global Virtual Evolved Packet Core (vEPC) Consumption, Revenue ($) by Region (2018-2022)
6 Global Virtual Evolved Packet Core (vEPC) Production by Top Regions (2018-2022)
7 Global Virtual Evolved Packet Core (vEPC) Consumption by Regions (2018-2022)
8 Competitive Landscape
9 Global Virtual Evolved Packet Core (vEPC) Market Analysis and Forecast by Type and Application
10 Virtual Evolved Packet Core (vEPC) Market Supply and Demand Forecast by Region
11 New Project Feasibility Analysis
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix 
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metiresearchinfo · 3 years ago
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Virtualized Evolved Packet Core Market : Meticulous Research® Reveals Why This Market is Growing at a CAGR of 23.4% to Reach $17.05 Billion by 2028
Virtualized evolved packet core has recently received significant attention from the telecom sector due to the considerable benefits offered by the technology, including high performance, reliability, scalability, automation, reduced network cost, and low latency delivery of real-time applications. Besides, virtualized evolved packet core brings IT and communications technologies together to facilitate end users to meet the challenges of rapid bandwidth growth and service innovation with agility, flexibility, and cost-effectiveness.
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Meticulous Research®, in its latest publication on virtualized evolved packet core market, states that the global market will grow at a CAGR of 23.4% from 2021 to 2028 to reach $17.05 billion by 2028.
The growth of this market is backed by the rising demand for high speed and large network coverage, increasing need to reduce operational expenditure (OPEX) and capital expenditure (CAPEX), growing mobile data traffic volume, and growing investment in 5G technology. Besides, expanding existing network infrastructure with limited installation expenses has attracted several organizations to incorporate virtual evolved packet core solutions. However, factors such as a consistently growing number of security concerns and degrading global economic conditions due to COVID-19 obstruct the growth of the virtualized evolved packet core market.
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To provide efficient analysis, Meticulous Research® has segmented this market based on component (solution and services), Application (LTE, VoLTE, IoT & M2M, MPN & MVNO), deployment mode (On-premise and cloud), end user (telecom industries, enterprises, and others). The study also evaluates industry competitors and analyses the market at a country level.
Geographically, in 2021, North America is expected to command the largest share of the virtualized evolved packet core market. The vEPC market growth is attributed to the expansion of LTE and LTE-advanced (LTE-A) networks in the region. Many companies in the region are adopting virtualized evolved packet core technologies to enhance their IT infrastructure and leverage the benefits of new technologies, such as 5G and IoT. Besides, the presence of established virtualized evolved packet core players and a conducive environment for budding start-ups are expected to help the region maintain its dominance over the virtualized evolved packet core market throughout the forecast period.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/virtualized-evolved-packet-core-market-5201
In terms of end user, in 2021, the telecom sector is expected to command the largest share of the virtualized evolved packet core market. Virtualized evolved packet core solutions offer significant benefits such as improved latency issues, enhanced IT agility, better speed and bandwidth connectivity, and reliable application services. Besides, the increasing need to reduce operational expenditure (OPEX) and capital expenditure (CAPEX) is expected to spur the demand for virtualized evolved packet core solutions.
In terms of application, in 2021, the MPN & MVNO is expected to command the largest share of the virtualized evolved packet core market. The large share of this segment is mainly attributed to the rising penetration of mobile devices and demand for low-cost mobile services, increasing demand for high-speed internet connectivity, and the rising demand for improved voice, video, and mobile internet.
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The report provides competitive intelligence in terms of financials, growth strategies, product portfolios, and geographical presence on some of the key players operating in this market, including ZTE Corporation (China), Cisco Systems, Inc. (U.S.), Telefonaktiebolaget LM Ericsson SE (Sweden), Affirmed Networks, Inc. (U.S.), Mavenir Systems, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), Samsung Electronics Co, Ltd. (South Korea), Tecore Inc. (U.S.), Nokia Corporation (Finland), Parallel Wireless, Inc. (U.S.), F5 Networks, Inc. (U.S.), NEC Corporation (Japan), IPLOOK Technologies Co Ltd (China), Polaris Networks (U.S.), Athonet SRL (Italy), LEMKO Corporation (U.S.), Metaswitch Networks (U.K.), and Intel Corporation (U.S.).
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kisan0318 · 4 years ago
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Virtualized Evolved Packet Core (vEPC) Market Global Size Overview, Growth Drivers, Industry Share and Forecast to 2027
Market Highlights
Market Research Future (MRFR) has revealed in its latest study that the global Virtualized Evolved Packet Core Market is set to proliferate exponentially at 51.7% CAGR during the forecast period 2018 to 2023. The vEPC market is projected to reach a valuation of USD 11568.8 Mn by 2023-end up from USD 1020.05 Mn in 2017. The strong value maintained by the telecommunications sector has paved the way for the adoption of virtualized evolved packet core technology.
The evolution of mobile communication from First Generation (1G) to the currently dominated Fourth Generation (4G) enabled devices has intensified the need for providing access network functions. It has heightened the need for increasing the capacity and coverage of the communication, which is poised to encourage revenue creation for the vEPC market players. The embracement of virtualized evolved packet core technology ensures cost efficiency and a reduction in capital expenditure (Capex) and operational expenditure (Opex). This, in turn, is projected to accelerate market proliferation over the next couple of years. Additionally, the technology offers better customer experience and improved network management. It is anticipated to catapult the market on an upward trajectory. The growth of the market can be ascribed to the increasing demand for LTE communication, penetration of smartphones, etc. The advancement in technologies such as 5G, IoT, and M2M have opened avenues of growth opportunities for the market players.
Global Market for Virtualized Evolved Packet Core-Competitive Dashboard:
Some of the key players profiled by MRFR in the report are Nokia Corporation (Finland), Cisco System Inc. (US), Ericsson AB (Sweden), Samsung Electronics (South Korea), Huawei Technologies Co. Ltd (China), NEC Corporation (Japan), ZTE Corporation (China), Mitel Networks Corporation (US), Affirmed Networks (US), and Athonet S.R.L. (Italy).
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Global Market for Virtualized Evolved Packet Core-Segmental Analysis:
MRFR’s report offers a detailed segmental analysis of the market based on component, deployment, use case, and end-user. By component, the vEPC market has been segmented into solution and services. The solutions segment has been further sub-segmented into Mobility Management Entity (MME), Home Subscriber Server (HSS), Server Gateway (SGW), Packet Data Network Gateway (PDN GW), and others Among these, the services segment is anticipated to garner massive traction over the forecast period. The growth can be ascribed to the rising testing and commercialization of 5G-ready solutions.
By deployment, the market has been segmented into on-premise and on-cloud. Among these, the on-premise segment currently holds the most substantial share of the market. It is likely to remain highly lucrative market through the assessment period. Meanwhile, the on-cloud segment is estimated to register a relatively higher CAGR of 60.3% over 2023.
By use case, the market has been segmented into broadband wireless access (BWA), LTE & VoLTE, IoT & M2M, and MNO & MVNO. Among these, the IoT & M2M segment is projected to account for the largest share of the market throughout the forecast period reaching a valuation of USD 3798.1 Mn by 2023.
By end-user, the market has been segmented into telecom operator and enterprises. The telecom operator segment gained 70.9% share of the market in 2017 and is expected to thrive exponentially over the review period. Meanwhile, the enterprises segment is poised to thrive at a relatively higher pace and reach a valuation of USD 4094 Mn towards the end of 2023.
Regional Outlook:
On the basis of region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. North America held the most significant share of the market in 2017 which accounted for 48% share. The region is likely to retain its prominence in the foreseeable future. The presence of major technological players coupled with robust infrastructure has augured well for the market operators participating in the competitive landscape of North America. Europe held the second most significant share of the market in 2017 which is estimated to be around 27% share. The region is expected to resonate strong growth opportunities over the next couple of years. Asia Pacific is projected to register a relatively higher CAGR during the forecast period. The growth is attributable to the catalyzed investments by telecom operators in emerging markets such as China, Japan, etc. Other factors favoring the growth of the virtualized evolved packet core market in Asia Pacific are reduced network complexity, internet penetration, reduced cost of smart devices, etc.
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Table of Content
1 Executive Summary
2 Market Introduction
2.1 Definition 16
2.2 Scope Of The Study 16
2.3 List Of Assumptions 17
2.4 Market Structure 17
3 Market Insights
4 Research Methodology
4.1 Research Process 22
4.2 Primary Research 23
4.3 Secondary Research 24
4.4 Market Size Estimation 24
4.5 Forecast Model 25
....
13 Company Profile
13.1 Nokia Corporation 94
13.1.1 Company Overview 94
13.1.2 Financial Performance 94
13.1.3 Products/Services/Solutions Offerings 95
13.1.4 Key Developments 95
13.1.5 SWOT Analysis 95
13.1.6 Key Strategy 96
13.2 Cisco System Inc., 97
13.2.1 Company Overview 97
13.2.2 Financial Performance 97
13.2.3 Products/Services/Solutions Offerings 98
13.2.4 Key Developments 98
13.2.5 SWOT Analysis 99
13.2.6 Key Strategies 99
13.3 Huawei Technologies Co. Ltd 100
13.4 NEC Corporation 103
13.5 Ericsson 106
13.6 Samsung Electronics 109
13.7 ZTE Corporation 112
...
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digitalconvo · 4 years ago
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Virtualized Evolved Packet Core Market Growth , Trend, Size and Share
Virtualized Evolved Packet Core Market: Overview
The growing use cases for virtualized evolved packet core (vEPC) solutions in the face of burgeoning data traffic is a key trend boosting the market. Some of the key use cases are  consumer, IoT, private LTE, GiLAN, Wi-Fi, VoLTE, fixed wireless, and edge compute. Recently, such solutions have emerged as a key platform for 5G network architecture. vEPC is a part of network function virtualization and is one of the key enablers of mobile networks’ voice and data processing and switching. Rising use of multimedia services that use VoLTE among non-enterprise consumer is boosting the adoption of vEPC solutions.
Numerous advantages of vEPC pivot the growing popularity of vEPC market. vEPC solutions help to fine tune the network components—mix and match—to meet tailored requirement of end users. End users gain by speeding up service delivery. To reap the full benefits, costly proprietary hardware and software infrastructures are avoided; rather inexpensive Commercial Off-The-Shelf (COTS) are taken into consideration. Some of the other advantages adding strength to the vEPC market are on-demand scalability, and customization of real-time network conditions.
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Virtualized Evolved Packet Core Market: Key Trends
Growing number of implementation and planning of 5G network architecture is a key trend boosting the vEPC market. Need for customizing network requirements in this hyper age of information is a key trend in the vEPC market. Growing number of virtualized Wi-Fi and the rise in demand for virtualized network functions among customers are key trends bolstering the expansion of the vEPC market. The advent of cloud-based core network architecture for transforming mobile network is a key aspect boosting the outlook of vEPC solutions.
The cost-effectiveness of vEPC makes it a popular option than mobile Communications Service Providers (CSPs) networks. Emerging 4G LTE deployment use cases is another prominent trend that has fueled the generation of revenue streams for players in the vEPC market.
However, a glaring constraint is the vEPC solution deployment is relatively complex, thus dampening the demand among end users. Another key constraint is the fragmentation in the spectrum band of LTE. Growing popularity of virtualized EPC implementation has, nevertheless, expanded the avenue for stakeholders and solution providers.
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Virtualized Evolved Packet Core Market: Competitive Assessment
Several players have earned competitive edge by unveiling cloud-friendly design and leaning on launching open architecture. Numerous players are likely to gain substantially by rise in worldwide investments in 5G. Additionally they are targeting mobile network operators by offering reduction of OPEX and CAPEX. Top players promise offer vEPC solutions that can integrate network functions.
Some of the key players in the vEPC market are ZTE Corp., Telefonaktiebolaget LM Ericsson, Samsung Electronics Co. Ltd., Nokia Corp., NEC Corp., Mavenir Systems Inc., Huawei Investment & Holding Co. Ltd., Cisco Systems Inc., Athonet Srl, and Affirmed Networks Inc.
Virtualized Evolved Packet Core Market: Regional Assessment
The adoption of vEPC among enterprise users has made North America teeming with massive possibilitie. The U.S. is a promising market and has been offering substantial revenue streams not just to North America but to the global vEPC market. Rise in investments in 5G deployments is expected to make Asia Pacific increasingly lucrative. China, South Korea, and India are promising markets.
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marketsnmarkets39 · 4 years ago
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vEPC Market Global Demand, Growth, Size and Industry Analysis till 2022
According to a research report "Virtualized Evolved Packet Core Market by Component, Deployment Type (Cloud & On-Premises), End-User (Telecom Operators & Enterprises), Use Case (LTE, Volte, & VoWiFi; BWA, IoT & M2M, MPN & MVNO), and Region - Global Forecast to 2022", published by MarketsandMarkets, the Virtualized EPC market size is expected to grow from USD 968.9 Million in 2017 to USD 7,975.3 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 52.4% during the forecast period. Savings in Capital Expenditure (CapEx) and Operational Expenditure (OpEx), increasing Long-Term Evolution (LTE) mobile subscribers across the globe, and growing network infrastructure across the globe are some of the factors driving the growth of the Virtualized EPC market.
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Telecom operator segment is expected to have a larger market size during the forecast period.
In the end-user segment, the telecom operator is expected to have a larger market size as compared to the enterprise end-user during the forecast period. As telecom operators are facing major challenges such as upgradation of their legacy systems to meet the changing demand of the end-customers, intense competition, high OpEx and CapEx, and lower RoI, they are looking more scalable and cost-effective solutions. This is expected to be the major reason for the rapid adoption of vEPC by the telecom operators.
Internet of things (IoT) and Machine to Machine (M2M) segment is expected to be the fastest growing segment during the forecast period.
Under the use cases segment, the IoT and M2M services segment is expected to grow at the highest CAGR during the forecast period. vEPC has been rapidly deployed in the IoT packet core network by mobile operators. vEPC solution providers are preparing NFV solution for IoT cellular network. Deploying the vEPC solution in IoT core network,  enables operator to  bring superior connectivity for M2M devices and explore new services for customers. IoT and M2M will be the biggest opportunity for vEPC solution providers in the upcoming years owing to the increasing number of deployments done by telecom operators in the North American, APAC, and MEA regions.
North America is expected to have the largest market size; Asia Pacific (APAC) to grow at the highest rate during the forecast period.
North America is expected to hold the largest share in the global Virtualized EPC market during the forecast period. The region is the biggest market for vEPC solution providers due to the presence of big telecom giants. Mobile operators are rolling out new use cases using their networks such as (Internet of Things) IoT, Machine to machine (M2M), and wireless broadbands. The US government has planned to rollout Citizens Broadband Radio Service (CBRS) band for private operators and enterprises in 2018, which will act as a catalyst for the growth of vEPC solution in the enterprises segment.
APAC is expected to grow at the highest CAGR during the forecast period. Mobile operators in the countries such as Japan, South Korea, and China are the early adopters of the vEPC solution. The operators have implemented virtualized network components on their network for Voice over LTE (VoLTE), IoT, and M2M communication. Majority of operators and enterprises in the APAC region are still using traditional EPC solution, which is expected to shift towards vEPC solutions.
Key players in the Virtualized EPC market include Affirmed Networks (US), Ericsson (Sweden), Huawei Technologies (China), Mavenir (US), ZTE Corporation (China), Athonet (Italy), Cisco Systems (US), NEC Corporation  (Japan), Nokia Corporation  (Finland), Samsung (South Korea), and the key innovators includes ExteNet Systems (US), Telrad Networks (Israel), and Core Network Dynamics (Germany).
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bhavanameti · 1 year ago
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The Virtualized Evolved Packet Core Market Set to Achieve $19.87 Billion by 2031
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Meticulous Research®—a leading global market research company, published a research report titled, ‘Virtualized Evolved Packet Core Market by Component (Solutions, Services), Application (LTE, VoLTE, IoT & M2M, MPN & MVNO), Deployment Mode (On-premise, Cloud), End User (Telecom, Enterprises), and Geography - Global Forecast to 2031.’
The latest report from Meticulous Research® projects that the Virtualized Evolved Packet Core Market will reach $19.87 billion by 2031, with a robust CAGR of 19.3% from 2024 to 2031. Market growth is primarily driven by the escalating mobile data traffic volumes and the escalating demand for high-speed data services. However, concerns surrounding data security linked with virtualized evolved packet core infrastructure present hurdles to market expansion. Nonetheless, investments in 5G technology, the uptake of cloud-native 5G core solutions, and the emergence of IoT technology offer avenues for growth. Despite these opportunities, challenges such as vEPC solution reliability and limited awareness impede market progress. Notably, a significant trend is the fusion of edge computing with vEPC technology.
The market is segmented by component, application, deployment mode, and end-user. The solutions segment is poised to lead the market, driven by the imperative to slash OPEX and CAPEX while enhancing network performance. Conversely, services are forecasted to register a higher CAGR due to surging demand for vEPC consulting and solution development. In terms of application, Mobile Private Network & Mobile Virtual Network Operators (MPN & MVNO) spearhead the market, fueled by the escalating demand for high-speed internet connectivity. Meanwhile, the IoT & M2M segment is expected to witness the highest CAGR, fueled by the imperative for remote monitoring and device control.
Geographically, North America is expected to clinch the largest market share, buoyed by the uptake of virtualized evolved packet core solutions to fortify network infrastructure. Nevertheless, Asia-Pacific is primed to register the highest CAGR, driven by factors like the burgeoning mobile subscriber base and the deployment of 5G-ready solutions.
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Key players in the market include Cisco Systems, Inc., Ericsson AB, Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., among others. The report addresses pivotal questions regarding market segments, historical data, forecasts, drivers, challenges, and recent developments, offering insights into the competitive landscape and emerging players in the market.
Contact Us: Meticulous Research® Email- [email protected] Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
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kbvresearch · 7 years ago
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Latest release published on KBV Research News
Latest press release on:
North America Virtualized Evolved Packet Core (vEPC) Market Size to register a growth of 44.8% CAGR
According to a new report North America Virtualized Evolved Packet Core (vEPC) Market, published by KBV research, the North America Virtualized Evolved Packet Core (vEPC) Market Size would witness market growth of 44.8% CAGR during the forecast period (2017 – 2023).
The US market holds the largest market share in North America Virtualized Evolved Packet Core Professional Services Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 46.9 % during the forecast period. The Canada market is expected to witness a CAGR of 57.9% during (2017 – 2023) in North America Virtualized Evolved Packet Core Managed Services Market. Additionally, The Mexico market is expected to witness a CAGR of 56.5% during (2017 – 2023).
Key Market Segments – North America Virtualized Evolved Packet Core (vEPC) Market Size
The LTE, VOLTE, & VoWiFi market holds the largest market share in North America Virtualized Evolved Packet Core Market by Use Cases in 2016, and would continue to be a dominant market till 2023. The IoT & M2M market is expected to witness a CAGR of 46.7% during (2017 – 2023). Additionally, The MPN & MVNO market is expected to witness a CAGR of 47.4% during (2017 – 2023).Source: KBV Research Analysis
The Telecom Operators market holds the largest market share in Canada Virtualized Evolved Packet Core Market by End User in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 46 % during the forecast period. The Enterprises market would attain market value of $154.0 million by 2023.
Full Report: https://kbvresearch.com/north-america-virtualized-evolve-packet-core-vepc-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the North America Virtualized Evolved Packet Core (vEPC) Market have been discussed in the report with the competitive analysis and elaborated company profiles of Affirmed Networks, Ericsson AB, Huawei Technologies Co., Ltd., ZTE Corporation, NEC Corporation, Nokia Corporation, Cisco Systems, Inc., Samsung Electronics Co., Ltd., Mavenir Systems, and Athonet.
North America Virtualized Evolved Packet Core (vEPC) Market Size Segmentation
By Type
Solution
Mobility Management Entity
Home Subscriber Server
Serving Gateway
Packet Data Network Gateway
Policy & Charging Rules Function
Services
Professional
Managed Services
By Use Cases
LTE, VOLTE, & VoWiFi
Broadband Wireless Access
IoT & M2M
MPN & MVNO
By End User
Enterprises
Telecom Operators
By Deployment Type
Cloud
On-Premise
By Country
North America Virtualized Evolved Packet Core (vEPC) Market
US Virtualized Evolved Packet Core (vEPC) Market
Canada Virtualized Evolved Packet Core (vEPC) Market
Mexico Virtualized Evolved Packet Core (vEPC) Market
Rest of North America Virtualized Evolved Packet Core (vEPC) Market
Companies Profiled
Affirmed Networks
Ericsson AB
Huawei Technologies Co., Ltd.
ZTE Corporation
NEC Corporation
Nokia Corporation
Cisco Systems, Inc.
Samsung Electronics Co., Ltd.
Mavenir Systems
Athonet
Unique Offerings from KBV Research
Exhaustive coverage of North America Virtualized Evolved Packet Core (vEPC) Market Size
Highest number of market tables and figures
Subscription based model available
Guaranteed best price
Assured post sales research support with 10% customization free
Related Reports:
Global Virtualized Evolved Packet Core (vEPC) Market (2017-2023)
Europe Virtualized Evolved Packet Core (vEPC) Market (2017-2023)
Asia Pacific Virtualized Evolved Packet Core (vEPC) Market (2017-2023)
LAMEA Virtualized Evolved Packet Core (vEPC) Market (2017-2023)
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trendingfact · 5 years ago
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Virtual Evolved Packet Core (vEPC) Market: Reporting And Evaluation Of Recent Industry Developments 2026
The international market for virtual evolved packet core is forecasted to rise at a growth rate of 36.3% over the timeframe of forecast that extends from the year 2018 to the year 2026. In accordance with a report by Transparency Market Research (TMR), the international market for virtual evolved packet core is expected to be influenced by a wide range of industry-specific and macroeconomic factors. The world market for virtual evolved packet core market was valued at around US$ 969.9 Mn in the year 2017 and is prognosticated to register a double digit growth of 36.3% CAGR over the timeframe of forecast that extends from the year 2018 to the year 2026.
The key market players that have been profiled in the international market for virtual evolved packet core comprise eminent names such as ng4T GmbH, Affirmed Networks, ZTE Corporation, Ericsson AB, Cisco Systems, Inc., Mavenir, Huawei Technologies Co., Ltd., Nokia Corporation, NEC Corporation, and Intel Corporation.
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North America to Lead the Market over the Period of Forecast
Taking regional segmentations into consideration, the global market for virtual evolved packet core has been divided into the regions of Latin America, North America, Middle East and Africa, Asia-Pacific, and Europe. North America has accumulated highest share of revenue in the year 2017 owing to easy adoption of 4G technology. With the increase in the utilization of virtual evolved packet core, various vEPC services and solutions services providers in the region of North America are collaborating with each other and emphasizing on offering many different advanced technology solutions to its consumers.
In the region of Europe, numerous players are establishing partnerships so as to deploy vEPC on a large scale in a bid to deliver the service throughout the region. European region is expected to experience substantial rate of growth over the period of forecast. In the region of Asia Region, the demand for virtual evolved packet core solutions is projected to remain concentrated in countries India and China, due to a larger base of consumer in the said region. India is expected to expand at a substantial CAGR in various countries of Asia Pacific region over the period of forecast due to the increasing number of LTE subscribers and rising dependency on the internet.
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Advancement in Networking Technologies to Encourage the Market Growth
Soaring demand for elastic and flexible networks, phenomenal penetration of smart phone, and increased number of LTE subscribers has augmented growth and penetration of virtual evolved packet core market across the globe. Rising demand for operational expenditure (OpEx) and savings in capital expenditure (CapEx), increased adoption of virtual evolved packet core solution by enterprises has further impacted the market positively.
Rising demand of consumers for high speed data networks so as to ensure reliable mobility and connectivity has further bolstered the demand for solutions of virtual evolved packet core. Several advancements in the industry of networking like VoLTE, LTE, and 5G are anticipated to bolster the demand for solutions of virtual evolved packet core.  
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sakshitmr · 5 years ago
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Virtual Evolved Packet Core (vEPC) Market Emerging Trends And Strong Application Scope
The international market for virtual evolved packet core is forecasted to rise at a growth rate of 36.3% over the timeframe of forecast that extends from the year 2018 to the year 2026. In accordance with a report by Transparency Market Research (TMR), the international market for virtual evolved packet core is expected to be influenced by a wide range of industry-specific and macroeconomic factors. The world market for virtual evolved packet core market was valued at around US$ 969.9 Mn in the year 2017 and is prognosticated to register a double digit growth of 36.3% CAGR over the timeframe of forecast that extends from the year 2018 to the year 2026.
The key market players that have been profiled in the international market for virtual evolved packet core comprise eminent names such as ng4T GmbH, Affirmed Networks, ZTE Corporation, Ericsson AB, Cisco Systems, Inc., Mavenir, Huawei Technologies Co., Ltd., Nokia Corporation, NEC Corporation, and Intel Corporation.
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North America to Lead the Market over the Period of Forecast
Taking regional segmentations into consideration, the global market for virtual evolved packet core has been divided into the regions of Latin America, North America, Middle East and Africa, Asia-Pacific, and Europe. North America has accumulated highest share of revenue in the year 2017 owing to easy adoption of 4G technology. With the increase in the utilization of virtual evolved packet core, various vEPC services and solutions services providers in the region of North America are collaborating with each other and emphasizing on offering many different advanced technology solutions to its consumers. In the region of Europe, numerous players are establishing partnerships so as to deploy vEPC on a large scale in a bid to deliver the service throughout the region. European region is expected to experience substantial rate of growth over the period of forecast. In the region of Asia Region, the demand for virtual evolved packet core solutions is projected to remain concentrated in countries India and China, due to a larger base of consumer in the said region. India is expected to expand at a substantial CAGR in various countries of Asia Pacific region over the period of forecast due to the increasing number of LTE subscribers and rising dependency on the internet.
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snehasahu-blog1 · 6 years ago
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Virtual Evolved Packet Core (vEPC) Market: Overview of key Market Forces Propelling and Restraining Market Growth
The international market for virtual evolved packet core is forecasted to rise at a growth rate of 36.3% over the timeframe of forecast that extends from the year 2018 to the year 2026. In accordance with a report by Transparency Market Research (TMR), the international market for virtual evolved packet core is expected to be influenced by a wide range of industry-specific and macroeconomic factors. The world market for virtual evolved packet core market was valued at around US$ 969.9 Mn in the year 2017 and is prognosticated to register a double digit growth of 36.3% CAGR over the timeframe of forecast that extends from the year 2018 to the year 2026.
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The key market players that have been profiled in the international market for virtual evolved packet core comprise eminent names such as ng4T GmbH, Affirmed Networks, ZTE Corporation, Ericsson AB, Cisco Systems, Inc., Mavenir, Huawei Technologies Co., Ltd., Nokia Corporation, NEC Corporation, and Intel Corporation.
Taking regional segmentations into consideration, the global market for virtual evolved packet core has been divided into the regions of Latin America, North America, Middle East and Africa, Asia-Pacific, and Europe. North America has accumulated highest share of revenue in the year 2017 owing to easy adoption of 4G technology. With the increase in the utilization of virtual evolved packet core, various vEPC services and solutions services providers in the region of North America are collaborating with each other and emphasizing on offering many different advanced technology solutions to its consumers.
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In the region of Europe, numerous players are establishing partnerships so as to deploy vEPC on a large scale in a bid to deliver the service throughout the region. European region is expected to experience substantial rate of growth over the period of forecast. In the region of Asia Region, the demand for virtual evolved packet core solutions is projected to remain concentrated in countries India and China, due to a larger base of consumer in the said region. India is expected to expand at a substantial CAGR in various countries of Asia Pacific region over the period of forecast due to the increasing number of LTE subscribers and rising dependency on the internet.
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energycentralmarket · 4 years ago
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Global Virtual Evolved Packet Core (vEPC) Market Executive Summary and Analysis, industry trends, the growth rate of key producers by Top Players 2021-2027
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Global Virtual Evolved Packet Core (vEPC) Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2026 is a recent comprehensive market analysis that collectively covers demand factors, market size, forecasts, and trends in the global Virtual Evolved Packet Core (vEPC) market. The report presents the current market conditions and growth prospects. The report is all around made by considering its essential information in the overall global Virtual Evolved Packet Core (vEPC) market. During their study of the market, the authors of the report had concluded that there could be numerous critical segments by both type and application.
The Virtual Evolved Packet Core (vEPC) market report is composed of major as well as secondary players describing their geographic footprint, products and services, business strategies, sales and market share, and recent developments among others. Furthermore, the report highlights the numerous strategic initiatives such as product launches, new business agreements and collaborations, mergers and acquisitions, joint ventures, and technological advancements that have been implemented by the major market players for to firmly establish itself in the Virtual Evolved Packet Core (vEPC) industry.
NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.
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The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:
Affirmed Networks, Core Network Dynamics, Telrad Networks, Ericsson, Huawei Technologies, Mavenir, ExteNet Systems, Samsung, ZTE, Athonet, Cisco Systems, NEC, Nokia
The scope of the Virtual Evolved Packet Core (vEPC) market report includes a detailed study of the Virtual Evolved Packet Core (vEPC) and regional markets for the Virtual Evolved Packet Core (vEPC) industry. The Virtual Evolved Packet Core (vEPC) market report is segmented by product, application, and region. It shows the market situation and future forecasts. The study also includes important data presented using graphs and tables. The Virtual Evolved Packet Core (vEPC) market report contains information on the competitive outlook, including company profiles of major players in the Virtual Evolved Packet Core (vEPC) market.
Market segment by type, the product can be split into
Cloud Based, On-Premises
Market segment by application, split into:
Telecom Operators, Enterprises
The report checks the market status and the prospect of global and major regions, from angles of players, product regions, and end applications/industries. The objective of this market is to analyze the Virtual Evolved Packet Core (vEPC) market with respect to the type of application, future trends, and growth of the market. Here the report also aims to study the market trends in various regions and countries. The research also concentrates on quantitative data important in ensuring the quality of strategic decisions in visually rich graphics.
Global Virtual Evolved Packet Core (vEPC) market details based on regions:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Reasons to Purchase This Report:
Market elements situation, alongside development chances of the market in the upcoming years.
Assessments 2021-2028 Virtual Evolved Packet Core (vEPC) Market advancement outlooks with the new inventions and SWOT analysis.
Market division investigation including subjective and quantitative exploration fusing the effect of financial and strategic viewpoints.
Territorial and nation level examination incorporating the demand and supply powers that are affecting the development of the market.
Competitive landscape including the market share of major players, along with the new assessments and strategies adopted by players in the past five years.
Comprehensive organization profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the key players.
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kisan0318 · 4 years ago
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Virtualized Evolved Packet Core (vEPC) Market Size, Growth, Industry Share, Global Demand and Forecast to 2027
Market Highlights
Market Research Future (MRFR) has revealed in its latest study that the global Virtualized Evolved Packet Core Market Research is set to proliferate exponentially at 51.7% CAGR during the forecast period 2018 to 2023. The vEPC market is projected to reach a valuation of USD 11568.8 Mn by 2023-end up from USD 1020.05 Mn in 2017. The strong value maintained by the telecommunications sector has paved the way for the adoption of virtualized evolved packet core technology.
The evolution of mobile communication from First Generation (1G) to the currently dominated Fourth Generation (4G) enabled devices has intensified the need for providing access network functions. It has heightened the need for increasing the capacity and coverage of the communication, which is poised to encourage revenue creation for the vEPC market players. The embracement of virtualized evolved packet core technology ensures cost efficiency and a reduction in capital expenditure (Capex) and operational expenditure (Opex). This, in turn, is projected to accelerate market proliferation over the next couple of years. Additionally, the technology offers better customer experience and improved network management. It is anticipated to catapult the market on an upward trajectory. The growth of the market can be ascribed to the increasing demand for LTE communication, penetration of smartphones, etc. The advancement in technologies such as 5G, IoT, and M2M have opened avenues of growth opportunities for the market players.
Global Market for Virtualized Evolved Packet Core-Competitive Dashboard:
Some of the key players profiled by MRFR in the report are Nokia Corporation (Finland), Cisco System Inc. (US), Ericsson AB (Sweden), Samsung Electronics (South Korea), Huawei Technologies Co. Ltd (China), NEC Corporation (Japan), ZTE Corporation (China), Mitel Networks Corporation (US), Affirmed Networks (US), and Athonet S.R.L. (Italy).
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Global Market for Virtualized Evolved Packet Core-Segmental Analysis:
MRFR’s report offers a detailed segmental analysis of the market based on component, deployment, use case, and end-user. By component, the vEPC market has been segmented into solution and services. The solutions segment has been further sub-segmented into Mobility Management Entity (MME), Home Subscriber Server (HSS), Server Gateway (SGW), Packet Data Network Gateway (PDN GW), and others Among these, the services segment is anticipated to garner massive traction over the forecast period. The growth can be ascribed to the rising testing and commercialization of 5G-ready solutions.
By deployment, the market has been segmented into on-premise and on-cloud. Among these, the on-premise segment currently holds the most substantial share of the market. It is likely to remain highly lucrative market through the assessment period. Meanwhile, the on-cloud segment is estimated to register a relatively higher CAGR of 60.3% over 2023.
By use case, the market has been segmented into broadband wireless access (BWA), LTE & VoLTE, IoT & M2M, and MNO & MVNO. Among these, the IoT & M2M segment is projected to account for the largest share of the market throughout the forecast period reaching a valuation of USD 3798.1 Mn by 2023.
By end-user, the market has been segmented into telecom operator and enterprises. The telecom operator segment gained 70.9% share of the market in 2017 and is expected to thrive exponentially over the review period. Meanwhile, the enterprises segment is poised to thrive at a relatively higher pace and reach a valuation of USD 4094 Mn towards the end of 2023.
Regional Outlook:
On the basis of region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. North America held the most significant share of the market in 2017 which accounted for 48% share. The region is likely to retain its prominence in the foreseeable future. The presence of major technological players coupled with robust infrastructure has augured well for the market operators participating in the competitive landscape of North America. Europe held the second most significant share of the market in 2017 which is estimated to be around 27% share. The region is expected to resonate strong growth opportunities over the next couple of years. Asia Pacific is projected to register a relatively higher CAGR during the forecast period. The growth is attributable to the catalyzed investments by telecom operators in emerging markets such as China, Japan, etc. Other factors favoring the growth of the virtualized evolved packet core market in Asia Pacific are reduced network complexity, internet penetration, reduced cost of smart devices, etc.
Table of Content
1 Executive Summary
2 Market Introduction
2.1 Definition 16
2.2 Scope Of The Study 16
2.3 List Of Assumptions 17
2.4 Market Structure 17
3 Market Insights
4 Research Methodology
4.1 Research Process 22
4.2 Primary Research 23
4.3 Secondary Research 24
4.4 Market Size Estimation 24
4.5 Forecast Model 25
….
13 Company Profile
13.1 Nokia Corporation 94
13.1.1 Company Overview 94
13.1.2 Financial Performance 94
13.1.3 Products/Services/Solutions Offerings 95
13.1.4 Key Developments 95
13.1.5 SWOT Analysis 95
13.1.6 Key Strategy 96
13.2 Cisco System Inc., 97
13.2.1 Company Overview 97
13.2.2 Financial Performance 97
13.2.3 Products/Services/Solutions Offerings 98
13.2.4 Key Developments 98
13.2.5 SWOT Analysis 99
13.2.6 Key Strategies 99
13.3 Huawei Technologies Co. Ltd 100
13.4 NEC Corporation 103
13.5 Ericsson 106
13.6 Samsung Electronics 109
13.7 ZTE Corporation 112
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