#Virtual Evolved Packet Core (vEPC) Market Historical Data

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The Virtualized Evolved Packet Core Market Set to Achieve $19.87 Billion by 2031

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.

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Virtualized evolved packet core Market 2019 – Segmented Market Growth Till 2026

Market Size – USD 1.02 billion in 2018, Market Growth - CAGR of 34.2%, Market Trends – Digitalized transformation of testing

The Virtualized evolved packet core market is expected to grow from USD 1.02 billion in 2018 to USD 8 billion by 2026, at a CAGR of 34.2% during the forecast period. The reducing size of CapEx and OpEx, increasing LTE mobile subscribers, increasing use of smartphones, a rise of network function virtualization and growing demand for high-speed data networks are some of the driving factors of the market. Some other factors contributing to the rise of virtualized evolved packet core market are the growth of IoT and M2M and future in 5G. vEPC supports nearly networks of any scale and size, thus reducing the operational as well as capital costs of all business levels. Evolved Packet Core helps in combining voice and data on an Internet Protocol service architecture.

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Results of the latest scientific undertakings for the development of new Virtualized evolved packet core products have also been considered. Factors that can potentially influence the leading industry players to implement synthetic sourcing of market products have also been studied in this investigative report. The inferences drawn in this study are valuable for any company operating in the industry. Every organization contributing to the global production of the Virtualized evolved packet core market products has been profiled in this report, in order to study the insights on cost-effective manufacturing methods, competitive landscape, and new avenues for applications.

The varying scenarios across the global market have been examined in this study, providing an overview of how the Virtualized evolved packet core products have established their place in this rapidly-evolving sector. Industry participants will be able to formulate their strategies and tactics by assessing the speculated market size for the forecast mentioned in the report. Favorable regional markets for the Virtualized evolved packet core have been described, which are expected to impact the global expansion strategies of the leading organizations. Additionally, key manufacturers have been profiled comprehensively in this research report.

Major Key Players of the Virtualized evolved packet core Market are:

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).

Major Types of Virtualized evolved packet core Market covered are:

 Cloud

 On-Premises

 Telecom      Operators

 Enterprises

 LTE,      VOLTE, and VoWiFi

 Broadband      Wireless Access (BWA)

 IoT      and M2M

 MPN      and MVNO

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With the existing market standards evaluated, this research report also explains the latest strategic initiatives and patterns of the market players in an unbiased way. The report can be construed as a presumptive business record that can aid the readers functioning in the global market devise their plans effectively, to reach the desired position in the market in the forecast period.

Competitive Landscape:

The Virtualized evolved packet core market is moderately competitive and includes numerous key players. When looking at market share, few industry players predominantly constitute the worldwide market.  With the growing awareness among patients and high prevalence of diseases like cancer, new companies are also expected to find their way into the market in the near future.

Report Methodology:

The data contained in this report has been derived through both primary and secondary research methodologies. Primary research methodology includes interaction with service providers, suppliers, and industry professionals. Secondary research methodology entails a thorough examination of relevant literature like company annual reports, financial reports, and exclusive databases.

This report provides:

1.        A comprehensive overview of the global market for Virtualized evolved packet core.

2.        Evaluation of the global market trends, historical data analysis starting from 2011, prediction for the coming years, and estimation of compound annual growth rates (CAGRs) by the end of the forecast period.

3.        Identification of new market prospects and targeted marketing approaches for Global Virtualized evolved packet core Market.

4.        Evaluation of R&D, and the demand for new product launches and applications.

5.        Extensive company profiling, highlighting leading participants operating in the industry.

6.        Market structure, in terms of dynamic molecule types and targets, emphasizing the major industry resources and players.

7.        The growth in patient epidemiology and gross revenue for the global market, including crucial players and market segments.

8.        Examination the sector in terms of the generic and premium product revenue.

9.        Assessment of commercial opportunities in the market sales scenario by inspecting the trends observed for authorizing and co-developing deals.

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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

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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