#Virtual Evolved Packet Core (vEPC) Revenue

[globalgrowthinsights]

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

South America

Europe

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[trendingfact]

Virtual Evolved Packet Core (vEPC) Market: Development Insight and Manufacturers Challenge Competitors 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.

[emaanderson]

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.

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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.   

[kudos12]

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.

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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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[credibleauomotive]

Virtual Evolved Packet Core (vEPC) Market Comprehensive Research Study, Regional Growth, Business Top Key Players Analysis

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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Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

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Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

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[kisan0318]

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.

[marketsnmarkets39]

Virtualized Evolved Packet Core Market to Witness Heightened Revenue Growth in the Next Decade

The report "Virtualized Evolved Packet Core (vEPC) Market by Component (Solutions and Services(Professional and Managed)),Deployment Model (Cloud, On-premises),Network Type(4G and 5G) End User(Telecom operators, Enterprises)and Region - Global Forecast to 2026", size is expected to grow from USD 3.9 billion in 2020 to USD 13.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period.. The vEPC market is gaining traction due to its cloud native architecture that will improve the modularity of products with  greater emphasize on low latency, and higher bandwidth.The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video, and the shift of business toward the use of cloud services. The commercialization of 5G services in enterprises such as private 5G and availability of unlicensed and shared spectrum in the globe are expected to shape the future of the vEPC market.

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Services segment to grow at the highest CAGR during the forecast period

Services play a vital role in the deployment and integration of next-generation networking solutions in an enterprise’s business environment. Services are considered an important component of the vEPC market, as they majorly focus on improving the business processes and optimizing the enterprise’s network. Services are considered as the backbone of vEPC, as they are instrumental in fulfilling the clients’ requirements, such as network testing, planning and optimization, support and maintenance, and consulting.

Cloud mode of deployment is expected to grow at the highest CAGR during the forecast period

Cloud mode of deployment is expected to ehibit a higher CAGR during the forecast period.vEPC is a cloud-native next-generation virtualized core network architecture. With cloud-based technologies, end users can better leverage the business to the cloud or migrate it to the cloud platform for efficient and continuous service capabilities. The deployment of various cloud-based and 5G on-demand slicing solutions using cloud-native thinking and models is bound to accelerate the digital transformation of the entire communications industry.

APAC region to record the highest market share in the vEPC  market in 2020

APAC is expected to grow at the highest CAGR during the forecast period. The region is transforming dynamically with respect to the adoption of new technologies across various sectors. The infrastructural growth in APAC, especially in Japan, South Korea, Australia, Singapore, China, and India, and the increasing deployment of 4G and 5G networks present huge opportunities for the implementation of the vEPC solution. With the increasing adoption of technologies, such as VR and AR as well as the IoT, the content will become even more data-intensive, which will demand seamless network connectivity and coverage and would present a huge opportunity for the vEPC market in the region.

Key and innovative vendors in the vEPC market include Nokia (Finland), Ericsson (Sweden), Cisco(US), Huawei (China), ZTE (China), Samsung (South Korea), Affirmed Networks(US), Mavenir(US), NEC(Japan), Athonet(Italy), Cumcore(Finland), Druid Software(Ireland), IPLook (China), Tech Mahindra (India), Parallel Wireless (US), Polaris Networks (US), Xingtera (US), Lemko (US), Tecore(US), and Telrad Networks (Israel).

Browse in-depth TOC on vEPC market @ https://www.marketsandmarkets.com/Market-Reports/virtualized-evolved-packet-core-market-45409339.html

[digitalconvo]

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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[sandlerresearch]

Virtualized Evolved Packet Core (vEPC) Market by Component (Solutions and Services(Professional and Managed)),Deployment Model (Cloud, On-premises),Network Type(4G and 5G) End User(Telecom operators, Enterprises)and Region - Global Forecast to 2026 published on

https://www.sandlerresearch.org/virtualized-evolved-packet-core-vepc-market-by-component-solutions-and-servicesprofessional-and-manageddeployment-model-cloud-on-premisesnetwork-type4g-and-5g-end-usertelecom-operators.html

Virtualized Evolved Packet Core (vEPC) Market by Component (Solutions and Services(Professional and Managed)),Deployment Model (Cloud, On-premises),Network Type(4G and 5G) End User(Telecom operators, Enterprises)and Region - Global Forecast to 2026

Telecom operators emphasize broadband services over a mobile network

The global virtualized evolved packet core (vepc) market size is expected to grow from USD 3.9 billion in 2020 to USD 13.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period. The vEPC market is gaining traction due to the evolution of cellular network technology, which has offered higher data speeds and lower latency. The vEPC market is gaining traction due to its cloud native and virtual machine based architecture that will improve the modularity of products.

Managed services segment is expected  to grow at the highest CAGR during the forecast period

Managed services in the vEPC market outsource a complete network or a part of it on a proactive management basis to improve the network operations and reduce the organizational expenses. These services outsource solutions related to network security, and storage, desktop, server, hosting, applications, and mobile device management. As the vEPC market is in its initial phase of NSA deployment of 5G network, most vendors are not capable of providing a NSA solution and its associate services to the customers. This enforces them to manage a few of the services from vendors who are experts in providing those to deliver the required services to the customers.

Enterprises  segment to grow at the highest CAGR during the forecast period

Enterprises are undergoing digital transformation across different industries. Businesses are in various stages of implementing new technologies to develop new solutions, improve service delivery, increase operational efficiency, reduce cost, gain competitive advantage, and meet rising customer expectations. 5G will soon make it into the list of technologies enterprise will consider, with NSA 5G solutions that will enable various new industrial applications, such as robotics, big data analytics, IIoT and AR/VR in engineering and design, as well as new ways to provide remote support and training.

Asia Pacific (APAC) region to record the highest growing region in the vEPC market  

APAC has several growing economies, such as China, Australia and Japan, which are expected to register high growth in the vEPC market. These countries have always supported and promoted industrial and technological growth. In addition, they possess a developed technological infrastructure, which is promoting the adoption of vEPC solutions across all industry verticals. The network market in APAC is driven by the growing acceptance of cloud-based solutions, emerging technologies such as the IoT, and big data analytics and mobility. APAC is one of the biggest markets for connected devices

By Company Type: Tier 1 – 35%, Tier 2 – 39%, and Tier 3 – 26%

By Designation: C-level – 55%, Directors – 40%, and Others – 5%

By Region: North America – 38%, Europe – 40%, APAC – 21%, and Rest of the World (RoW)– 1%

This research study outlines the market potential, market dynamics, and major vendors operating in the vEPC market. Key and innovative vendors in the vEPC market include Nokia (Finland),Ericsson (Sweden), Cisco(US), Huawei (China),ZTE (China), Samsung (South Korea), Affirmed Networks(US), Mavenir(US), NEC(Japan), Athonet(Italy), Cumcore(Finland), Druid Software(Ireland), IPLook (China), Tech Mahindra (India), Parallel Wireless (US), Polaris Networks (US), Xingtera (US), Lemko (US), Tecore(US), and Telrad Networks (Israel).

Research coverage

The market study covers the vEPC market across different segments. It aims at estimating the market size and the growth potential of this market across different segments based on components, services, applications, end users, application, and region. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key benefits of buying the report

The report is expected to help the market leaders/new entrants in this market by providing them information on the closest approximations of the revenue numbers for the overall vEPC market and its segments. This report is also expected to help stakeholders understand the competitive landscape and gain insights to improve the position of their businesses and to plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

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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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About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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Dec 24, 2019 (The Expresswire) -- The points that are discussed within the Virtual Evolved Packet Core (vEPC) report are the major market players that are...

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Virtual Evolved Packet Core (vEPC) Market to be worth US$ 15,900 Million by 2026 – TMR 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.

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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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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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