#vEPC

[omshinde5145]

The Growing Virtualized Evolved Packet Core (vEPC) Market: Driving Next-Gen Connectivity

The Virtualized Evolved Packet Core (vEPC) Market was valued at USD 8.1 billion in 2023 and will surpass USD 23.5 billion by 2030; growing at a CAGR of 16.4% during 2024 - 2030. At the heart of this transformation is the Evolved Packet Core (EPC), the core network architecture for LTE (Long-Term Evolution) and 4G networks. However, as the demand for data grows and the transition to 5G accelerates, traditional EPC systems are struggling to keep up. Enter the Virtualized Evolved Packet Core (vEPC) – a next-generation solution that is redefining how networks are built and managed.

Understanding vEPC

Virtualized Evolved Packet Core (vEPC) refers to the deployment of EPC functions using Network Functions Virtualization (NFV) technology. In a traditional EPC, network functions like the Serving Gateway (SGW), Packet Data Network Gateway (PGW), and Mobility Management Entity (MME) are implemented on dedicated hardware. In contrast, vEPC decouples these functions from physical hardware, allowing them to run as software instances on standard, off-the-shelf servers in a virtualized environment.

This shift to virtualization brings numerous benefits, including improved flexibility, scalability, and cost-efficiency. By leveraging NFV, service providers can dynamically allocate resources based on demand, scale their networks quickly, and reduce capital and operational expenditures. This makes vEPC an essential component in the evolution towards 5G networks and beyond.

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Market Growth Drivers

The vEPC market is experiencing robust growth, driven by several key factors:

5G Rollout: As 5G networks become more widespread, the need for scalable and flexible core network solutions is paramount. vEPC provides the necessary foundation for 5G by enabling faster deployment, efficient resource utilization, and the ability to support diverse use cases, from enhanced mobile broadband to massive IoT connectivity.

Increased Data Traffic: The exponential growth in mobile data traffic, fueled by video streaming, social media, and IoT applications, is putting immense pressure on traditional network infrastructures. vEPC allows service providers to handle this surge in data traffic more effectively, ensuring seamless connectivity and improved user experiences.

Cost Efficiency: Virtualization reduces the need for expensive, proprietary hardware, enabling service providers to lower their capital and operational expenditures. Additionally, the ability to scale resources up or down based on demand helps in optimizing network costs, making vEPC a more cost-effective solution compared to traditional EPC.

Network Slicing: A key feature of 5G is network slicing, which allows operators to create multiple virtual networks on a single physical infrastructure, each tailored to specific applications or services. vEPC plays a critical role in enabling network slicing by providing the flexibility and agility needed to create and manage these virtual networks efficiently.

Rapid Time-to-Market: In today’s fast-paced environment, the ability to launch new services quickly is crucial for staying competitive. vEPC enables service providers to reduce the time-to-market for new services by streamlining network deployment and management processes.

Market Challenges

While the vEPC market presents significant opportunities, it also faces challenges that could impact its growth:

Interoperability Issues: As vEPC involves integrating various network functions from different vendors, ensuring interoperability can be challenging. Service providers must carefully select compatible solutions to avoid integration issues that could lead to network performance degradation.

Security Concerns: Virtualized environments can be more vulnerable to security threats compared to traditional hardware-based systems. Ensuring robust security measures are in place is critical to protect sensitive data and maintain network integrity.

Skills Gap: The transition to virtualized networks requires new skill sets that may not be readily available within existing telecom teams. Investing in training and upskilling is necessary to fully leverage the benefits of vEPC.

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The Future of vEPC

Looking ahead, the vEPC market is poised for continued growth as more service providers embrace virtualization and move towards 5G. The flexibility, scalability, and cost-efficiency offered by vEPC will be key to supporting the diverse and demanding use cases of future networks. As the technology matures, we can expect further innovations in areas such as automation, orchestration, and edge computing, all of which will enhance the capabilities of vEPC and drive its adoption.

[bhavanameti]

Virtualized Evolved Packet Core Market Projected to Reach $19.87 Billion by 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.

[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

Key Attentions of Automatic Identification and Data Capture Market Report:

The report offers a comprehensive and broad perspective on the global Automatic Identification and Data Capture Market.

The market statistics represented in different Automatic Identification and Data Capture segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Automatic Identification and Data Capture are analyzed in detail.

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

Advancement is elaborated in this report. The upstream and downstream components of Automatic Identification and Data Capture and a comprehensive value chain are explained.

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 Global Growth Insights

Web: https://www.globalgrowthinsights.com

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[columbianewsupdates]

Virtualized Evolved Packet Core (vEPC) Market Trends, Size, Share, Growth, Industry Analysis, Advance Technology and Forecast 2028

http://dlvr.it/Ss756J

[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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Reasons to Purchase this Report

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

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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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The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

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[kisan0318]

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

[bhavanameti]

[marketsnmarkets39]

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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[dheerajpawar]

Virtualized Evolved Packet Core (vEPC) 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

[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.

[dansantat]

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