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    Canada Virtualized Evolved Packet Core Market

    ID: MRFR/ICT/63359-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    Canada Virtualized Evolved Packet Core Market Research Report By Component (Solution, Services), By Deployment (On-Premise, On-Cloud), By Applications (LTE, VOLTE, VOWiFi, IoT and M2M, MPN & MVNO) and By End-User (Telecom Operators, Enterprises) - Forecast to 2035

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    Canada Virtualized Evolved Packet Core Market Summary

    As per MRFR analysis, the Canada virtualized evolved-packet-core market size was estimated at 169.2 USD Million in 2024. The Canada virtualized evolved-packet-core market is projected to grow from 190.27 USD Million in 2025 to 615.2 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 12.45% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Canada virtualized evolved-packet-core market is poised for substantial growth driven by technological advancements and increasing connectivity demands.

    • The market is witnessing increased adoption of cloud-native solutions, enhancing scalability and flexibility.
    • Security enhancements are becoming a focal point as organizations prioritize data protection in their network architectures.
    • The integration of AI and automation is transforming operational efficiencies, particularly in network management and optimization.
    • Key drivers such as the growing demand for 5G connectivity and rising IoT applications are propelling market expansion.

    Market Size & Forecast

    2024 Market Size 169.2 (USD Million)
    2035 Market Size 615.2 (USD Million)

    Major Players

    Nokia (FI), Ericsson (SE), Huawei (CN), Cisco (US), ZTE (CN), Mavenir (US), Juniper Networks (US), Samsung (KR), NEC (JP)

    Canada Virtualized Evolved Packet Core Market Trends

    The virtualized evolved-packet-core market is currently experiencing a transformative phase. This transformation is driven by the increasing demand for efficient and scalable network solutions. As telecommunications providers seek to enhance their service offerings, the adoption of virtualization technologies is becoming more prevalent. This shift allows for greater flexibility and cost-effectiveness, enabling operators to manage network resources more efficiently. In Canada, the push towards 5G deployment is further propelling the need for advanced core network solutions. The integration of cloud-based architectures is also gaining traction, as it supports the dynamic requirements of modern mobile networks. Moreover, the regulatory environment in Canada appears to be supportive of innovation in telecommunications. Government initiatives aimed at fostering competition and improving connectivity are likely to encourage investments in the virtualized evolved-packet-core market. As operators look to modernize their infrastructure, partnerships with technology providers are becoming increasingly common. This collaborative approach may lead to the development of tailored solutions that address specific market needs, ultimately enhancing service delivery and customer satisfaction. The future landscape of this market seems promising, with ongoing advancements in technology and a commitment to improving network performance.

    Increased Adoption of Cloud-Native Solutions

    The trend towards cloud-native architectures is becoming more pronounced within the virtualized evolved-packet-core market. Operators are increasingly leveraging cloud technologies to enhance scalability and reduce operational costs. This shift allows for more agile network management and the ability to quickly adapt to changing demands.

    Focus on Security Enhancements

    As the virtualized evolved-packet-core market evolves, there is a growing emphasis on security measures. With the rise of cyber threats, operators are prioritizing the implementation of robust security protocols to protect network integrity. This focus on security is essential for maintaining customer trust and ensuring compliance with regulatory standards.

    Integration of AI and Automation

    The incorporation of artificial intelligence and automation technologies is gaining momentum in the virtualized evolved-packet-core market. These innovations are expected to streamline operations, improve network efficiency, and enable predictive maintenance. By harnessing AI, operators can enhance their service offerings and respond proactively to network issues.

    Canada Virtualized Evolved Packet Core Market Drivers

    Growing Demand for 5G Connectivity

    The increasing demand for 5G connectivity in Canada is a primary driver for the virtualized evolved-packet-core market. As telecommunications companies expand their 5G networks, the need for efficient and scalable core network solutions becomes paramount. The virtualized evolved-packet-core market is poised to benefit from this trend, as it offers the flexibility and performance required to support high-speed data transmission. According to recent estimates, the 5G subscriber base in Canada is expected to reach approximately 20 million by 2026, indicating a substantial growth trajectory. This surge in demand necessitates the deployment of advanced core network technologies, thereby propelling the virtualized evolved-packet-core market forward.

    Cost Efficiency and Operational Flexibility

    Cost efficiency remains a crucial factor driving the virtualized evolved-packet-core market in Canada. Telecommunications providers are increasingly seeking solutions that reduce operational costs while enhancing service delivery. Virtualized evolved-packet-core solutions enable operators to optimize resource utilization and minimize capital expenditures. By leveraging cloud-based architectures, companies can achieve significant savings, with reports suggesting potential reductions in operational costs by up to 30%. This financial incentive encourages the adoption of virtualized solutions, as operators aim to remain competitive in a rapidly evolving market. The operational flexibility offered by these solutions further enhances their appeal, allowing for rapid deployment and scalability in response to changing market demands.

    Regulatory Support for Network Modernization

    Regulatory bodies in Canada are actively promoting network modernization initiatives, which serve as a catalyst for the virtualized evolved-packet-core market. The Canadian Radio-television and Telecommunications Commission (CRTC) has implemented policies aimed at encouraging the adoption of advanced telecommunications technologies. These initiatives are designed to enhance network resilience and improve service quality across the country. As operators align with regulatory expectations, the demand for virtualized evolved-packet-core solutions is likely to increase. The market is expected to witness a compound annual growth rate (CAGR) of around 15% over the next five years, driven by these supportive regulatory frameworks that facilitate the transition to more efficient network architectures.

    Rising IoT Applications and Connectivity Needs

    The proliferation of Internet of Things (IoT) applications in Canada is significantly influencing the virtualized evolved-packet-core market. As more devices become interconnected, the demand for robust and scalable network solutions intensifies. Virtualized evolved-packet-core technologies are well-suited to handle the diverse connectivity requirements of IoT applications, providing the necessary bandwidth and low latency. Industry forecasts indicate that the number of connected IoT devices in Canada could exceed 1 billion by 2027, creating a substantial opportunity for the virtualized evolved-packet-core market. This growth underscores the necessity for telecommunications providers to invest in advanced core network solutions that can accommodate the increasing data traffic generated by IoT devices.

    Enhanced User Experience through Network Slicing

    Network slicing is emerging as a transformative approach within the virtualized evolved-packet-core market, particularly in Canada. This technology allows operators to create multiple virtual networks on a single physical infrastructure, tailored to specific user requirements. By implementing network slicing, telecommunications providers can enhance user experience by delivering customized services with guaranteed performance levels. This capability is particularly relevant in sectors such as healthcare, automotive, and entertainment, where distinct service quality is essential. As the demand for personalized services grows, the virtualized evolved-packet-core market is likely to expand, with operators investing in solutions that support network slicing to meet diverse customer needs.

    Market Segment Insights

    By Component: Solutions (Largest) vs. Services (Fastest-Growing)

    In the Canada virtualized evolved-packet-core market, the component segment is primarily driven by solutions, which hold the largest market share. These solutions encompass a wide range of technologies that are critical for network virtualization, appealing to various customer segments seeking robust and reliable performance. On the other hand, services are quickly gaining traction, representing a dynamic area of growth that complements existing solutions, thereby offering enhanced value to users looking for comprehensive support. Market growth is propelled by the increasing demand for flexible and scalable network architectures. Solutions are favored for their proven capabilities, while the services segment is expanding rapidly due to the rising need for implementation, maintenance, and upgrade services. This trend is attributed to the growing complexity of network demands and the necessity for businesses to adapt promptly. Consequently, organizations are investing in both solutions and services to ensure optimal functionality and competitiveness in an evolving landscape.

    Solutions: Dominant vs. Services: Emerging

    Solutions in the Canada virtualized evolved-packet-core market are characterized by their extensive integration capabilities and proven stability, making them the dominant choice for enterprises seeking to enhance their networking infrastructures. These offerings typically include software components that facilitate the virtualization of functions and enhance operational efficiency. Conversely, the services segment is emerging as a vital counterpart, focused on providing expertise and support necessary for implementing these solutions. With businesses increasingly recognizing the need for continuous service enhancements and operational excellence, services are positioned to experience rapid growth. The complementary relationship between solutions and services indicates a trend towards holistic approaches to network management, ensuring organizations are well-equipped to handle future demands.

    By Deployment: On-Premise (Largest) vs. On-Cloud (Fastest-Growing)

    In the Canada virtualized evolved-packet-core market, the On-Premise segment has established itself as the largest deployment option, holding a significant share in the current landscape. This segment benefits from existing infrastructure investments and a preference for localized control among enterprises. On-Cloud, while smaller in share, is rapidly gaining traction as organizations increasingly pivot toward flexible and scalable solutions that cloud environments offer, particularly for cost efficiency and agility. Growth trends indicate that On-Cloud deployments are on the rise due to the need for enhanced operational flexibility and the ability to quickly adapt to new demands. Key drivers include the increasing adoption of cloud technologies among telecom operators striving for operational efficiencies, as well as the growing emphasis on digital transformation initiatives across various industries that demand innovative network solutions.

    On-Premise (Dominant) vs. On-Cloud (Emerging)

    The On-Premise segment remains dominant in the market, characterized by its focus on security, performance, and control over data. Organizations opting for this model appreciate the reduced latency and customization options available, aligning with specific business needs. Conversely, the On-Cloud segment is emerging rapidly, driven by a growing acceptance of cloud technologies. It offers advantages such as scalability, lower upfront costs, and ease of deployment, making it particularly attractive to startups and smaller players in the market. As these segments evolve, the competition between them is intensifying, leading to innovative hybrid solutions that blend the benefits of both deployments.

    By Applications: LTE (Largest) vs. VoLTE (Fastest-Growing)

    In the Canada virtualized evolved-packet-core market, the applications segment is predominantly influenced by LTE, which holds the largest market share among the segment values. This dominance can be attributed to its established infrastructure and widespread adoption across various sectors. VoLTE, while smaller in share compared to LTE, is rapidly gaining traction due to increasing consumer demand for high-quality voice services over LTE networks. As VoWiFi, IoT and M2M, and MPN & MVNO continue to evolve, their collective contributions to the market are also noteworthy, albeit at slower rates compared to LTE and VoLTE. The growth trends within the applications segment highlight a strong shift towards VoLTE as an essential component for successful communication services. This growth is driven by enhancements in mobile broadband and the transition of users from traditional voice services to advanced solutions. Emerging technologies, coupled with the increased need for reliable and efficient communication for IoT and M2M applications, are propelling this segment forward. Furthermore, regulatory support and investment in telecom infrastructure are expected to fuel further advancements in the Canada virtualized evolved-packet-core market.

    LTE (Dominant) vs. VoLTE (Emerging)

    LTE remains the dominant player in the applications segment of the Canada virtualized evolved-packet-core market, characterized by its robustness and high capacity for mobile data transmission. It serves as the backbone for various applications, ensuring seamless connectivity and reliability in communication. On the other hand, VoLTE is emerging as a pivotal technology, enabling voice calls over LTE networks while providing higher quality and lower latency. This evolution reflects a broader trend toward integrated services within telecommunications, as VoLTE not only enhances voice communication but also facilitates innovative solutions for businesses and consumers alike. The growing adoption of VoLTE signifies a shift in user preferences towards unified communication experiences, further positioning it as a key player in the segment.

    By End-User: Telecom Operators (Largest) vs. Enterprises (Fastest-Growing)

    In the Canada virtualized evolved-packet-core market, Telecom Operators hold the majority share, underlining their critical role in the ecosystem. Their established infrastructure and customer base facilitate widespread deployment and adoption of virtualized technologies. Enterprises, though smaller in comparison, are rapidly increasing their market presence, driven by the demand for flexible and scalable network solutions in a post-pandemic era. The growth trends reveal that Enterprises are becoming the fastest-growing segment, with an increasing number of businesses recognizing the value of virtualized evolved-packet-core solutions. Factors such as digital transformation initiatives, the need for enhanced network performance, and cost considerations are driving Enterprises to invest more heavily in this technology. As such, while Telecom Operators dominate, Enterprises are quickly catching up in terms of growth potential.

    Telecom Operators (Dominant) vs. Enterprises (Emerging)

    Telecom Operators represent the dominant force in the Canada virtualized evolved-packet-core market, leveraging their vast resources and extensive network infrastructure to implement advanced technologies effectively. Their ability to provide comprehensive services to end users establishes a solid foundation for continued growth. On the other hand, Enterprises are emerging as a significant player, particularly as they engage in digital transformation and seek to optimize their operations through modern network solutions. They are motivated by the need for greater agility and efficiency, turning to virtualized solutions to meet evolving market demands. This shift highlights a transformational change in how enterprises view networking capabilities, further bolstering their position in the market.

    Get more detailed insights about Canada Virtualized Evolved Packet Core Market

    Key Players and Competitive Insights

    The virtualized evolved-packet-core market in Canada is characterized by a dynamic competitive landscape, driven by the increasing demand for efficient and scalable network solutions. Key players such as Nokia (Finland), Ericsson (Sweden), and Cisco (United States) are actively shaping the market through strategic innovations and partnerships. Nokia (Finland) focuses on enhancing its cloud-native solutions, aiming to provide operators with flexible and cost-effective network management. Meanwhile, Ericsson (Sweden) emphasizes its commitment to 5G technology, leveraging its extensive research and development capabilities to maintain a competitive edge. Cisco (United States) is also investing heavily in software-defined networking, which aligns with the growing trend towards digital transformation in telecommunications. Collectively, these strategies foster a competitive environment that prioritizes technological advancement and operational efficiency.

    In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance responsiveness to market demands. The competitive structure of the market appears moderately fragmented, with several key players vying for market share. This fragmentation allows for a diverse range of solutions, although the influence of major companies remains substantial, as they set industry standards and drive innovation.

    In October 2025, Nokia (Finland) announced a strategic partnership with a leading Canadian telecommunications provider to deploy its latest cloud-native core network solutions. This collaboration is expected to enhance network performance and scalability, positioning Nokia as a frontrunner in the Canadian market. The strategic importance of this partnership lies in its potential to accelerate the adoption of 5G technologies, thereby enabling operators to meet the growing demand for high-speed connectivity.

    In September 2025, Ericsson (Sweden) unveiled its new AI-driven network management platform, designed to optimize network operations and reduce operational costs for service providers. This move is significant as it aligns with the industry's shift towards automation and AI integration, allowing operators to enhance service delivery while minimizing downtime. The introduction of this platform could potentially reshape how network management is approached in the evolving telecommunications landscape.

    In August 2025, Cisco (United States) expanded its portfolio by acquiring a software company specializing in network automation solutions. This acquisition is likely to bolster Cisco's capabilities in providing comprehensive network management tools, further solidifying its position in the market. The strategic importance of this acquisition lies in its potential to enhance Cisco's offerings, enabling it to compete more effectively against other major players in the virtualized evolved-packet-core market.

    As of November 2025, current competitive trends indicate a strong focus on digitalization, sustainability, and AI integration within the telecommunications sector. Strategic alliances are increasingly shaping the landscape, as companies recognize the value of collaboration in driving innovation. Looking ahead, competitive differentiation is expected to evolve, with a notable shift from price-based competition towards innovation, technology, and supply chain reliability. This transition underscores the importance of developing advanced solutions that not only meet customer needs but also contribute to sustainable practices in the industry.

    Industry Developments

    The Canada Virtualized Evolved Packet Core (vEPC) Market has seen significant activity recently, reflecting the growing demand for more efficient and resilient network infrastructure. Notably, in June 2023, Ericsson and Altiostar announced a collaboration aimed at enhancing their vEPC solutions, emphasizing their commitment to 5G deployment across Canada. 

    Additionally, in August 2023, Cisco Systems expanded its portfolio with a focus on virtualized solutions tailored for Canadian telecommunications operators, anticipating increased adoption of cloud-native architectures.In terms of market growth, the Canadian vEPC market's valuation has surged, driven by the digital transformation across various sectors, including healthcare, finance, and education. Investments in next-generation networks have led companies like Nokia and Huawei to refine their offerings, with particular emphasis on security and scalability.

    Over the past couple of years, companies such as Mavenir and Ciena have reported strategic partnerships aimed at enriching the vEPC ecosystem in Canada, catering to the escalating demands for connectivity. The emphasis on regulatory compliance and operational efficiency continues to shape the market's trajectory, as telecommunication providers push for robust solutions to support their expanding infrastructural needs.

    Future Outlook

    Canada Virtualized Evolved Packet Core Market Future Outlook

    The virtualized evolved-packet-core market is projected to grow at a 12.45% CAGR from 2024 to 2035, driven by increasing demand for network flexibility and efficiency.

    New opportunities lie in:

    • Development of AI-driven network optimization tools
    • Expansion of edge computing integration services
    • Launch of subscription-based network management platforms

    By 2035, the market is expected to achieve substantial growth, positioning itself as a leader in network solutions.

    Market Segmentation

    Canada Virtualized Evolved Packet Core Market End-User Outlook

    • Telecom Operators
    • Enterprises

    Canada Virtualized Evolved Packet Core Market Component Outlook

    • Solutions
    • Services

    Canada Virtualized Evolved Packet Core Market Deployment Outlook

    • On-Premise
    • On-Cloud

    Canada Virtualized Evolved Packet Core Market Applications Outlook

    • LTE
    • VoLTE
    • VoWiFi
    • IoT and M2M
    • MPN & MVNO

    Report Scope

    MARKET SIZE 2024 169.2(USD Million)
    MARKET SIZE 2025 190.27(USD Million)
    MARKET SIZE 2035 615.2(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 12.45% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Nokia (FI), Ericsson (SE), Huawei (CN), Cisco (US), ZTE (CN), Mavenir (US), Juniper Networks (US), Samsung (KR), NEC (JP)
    Segments Covered Component, Deployment, Applications, End-User
    Key Market Opportunities Adoption of 5G technology drives demand for scalable solutions in the virtualized evolved-packet-core market.
    Key Market Dynamics Growing demand for network flexibility drives innovation in the virtualized evolved-packet-core market.
    Countries Covered Canada

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    FAQs

    What is the expected market size of the Canada Virtualized Evolved Packet Core Market in 2024?

    In 2024, the Canada Virtualized Evolved Packet Core Market is expected to be valued at 126.9 million USD.

    What is the projected market size for the Canada Virtualized Evolved Packet Core Market by 2035?

    By 2035, the market is projected to grow significantly to 1150.0 million USD.

    What is the expected CAGR for the Canada Virtualized Evolved Packet Core Market from 2025 to 2035?

    The anticipated CAGR for the market from 2025 to 2035 is 22.186%.

    Which segment contributes more to the Canada Virtualized Evolved Packet Core Market, Solutions or Services?

    By 2024, the Services segment is expected to contribute more, valued at 66.9 million USD compared to 60.0 million USD for Solutions.

    What is the projected market value for the Solutions component by 2035?

    The Solutions component is expected to reach a market value of 520.0 million USD by 2035.

    Who are the major players in the Canada Virtualized Evolved Packet Core Market?

    Key players in the market include Oracle, Netcracker, ZTE, and Cisco Systems among others.

    What is the market value for the Services segment forecasted for 2035?

    The Services segment is projected to grow to 630.0 million USD by 2035.

    What trends are driving growth in the Canada Virtualized Evolved Packet Core Market?

    Key trends driving growth include increased demand for network virtualization and enhanced mobile broadband services.

    What opportunities are present in the Canada Virtualized Evolved Packet Core Market?

    Opportunities include the adoption of 5G technology and the growing investments in network infrastructure.

    How does the growth rate of the Canada Virtualized Evolved Packet Core Market compare to other regions?

    The expected growth rate is significant, driven by advancements in technology and increasing connections, impacting the overall telecommunications landscape.

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