|Nokia Corporation (Finland)|
|Cisco System Inc. (US)|
|Huawei Technologies Co. Ltd. (China)|
|NEC Corporation (Japan)|
|Ericsson AB (Sweden)|
|SAMSUNG (South Korea)|
|ZTE Corporation (China)|
|Mitel Networks Corporation (US)|
|Affirmed Networks (US)|
|Market Driving Forces|
The virtualized evolved packet core market is powered by software-defined networking technology and carrier-grade virtualization platform The network's components which traditionally run on and dedicated hardware is moved to the software so that it can operate on low-cost commercial off-the-shelf services.
The market for virtualized Evolved Packet Pore (vEPC) is set to reach a valuation of more than USD 13.65 Billion in 2030 up from USD 1,020.05 Mn in 2017, averaging a growth rate of almost 21.12%. This market research report about virtualized evolved packet core market consists of various segments, competitive landscape, trains, drivers, restraints, and other factors that play a substantial role in the growth of virtualized evolved packet core market
Due to the current situation of coronavirus, every single business out there in the world is drastically affected. Businesses smaller, medium or big are experiencing severe downfalls in their market growth. Due to the current shutdown or lockdown, manufacturing, production, and customer services are unavailable. All the pandemic situations decline the use and installation of the service. All these factors just take effect in the virtualized evolved packet core market. But due to the initiation in the process of vaccination in the year 2021, it is believed that by the year 2022 things will get back to normal.
The LTE, VOLTE, and VOWifi are expected to hold the largest world realized evolved packet core share. Emmanuel's are utilizing virtualized evolved packet core solutions on their mobile coon networks to deliver the LTE, voice over LTE, and voice over Wi-Fi services. These services are provided on mobile to mobile subscribers. The mobile operators are delivering Wi-Fi calling services to customers in a very low network coverage area also.
The Asia Pacific is especially prominent in countries of Japan, South Korea, Australia, Singapore, China, and India.
All these prominent key players play a major road in the dynamics and growth of the virtualized evolved packet core market. These major key players opt for many strategies and policies to widen their customer base. These policies and strategies mainly include collaborations, mergers, acquisitions, extensions, joint ventures, establishments, new production processes, innovations, technology widening the existing products, partnerships, etc. All these important methods are opted to get the needs of customers and develop a strong potential growth base. These major key players contribute a major amount to the sugar frequency and are very helpful in developing innovations to improve the market.
In the global virtualized evolved packet core market research report, there are major factors that drive the growth of the market. The report consists of opportunities that may further in the future and hands the global market of virtualized evolved packet core. Various factors restrain the growth of sugar-free confectioneries and hamper the development of such a fine-based market. This search report also consists of various analyses based on Covid 19 impact market dynamics, different segmentations, regional analysis, etc. This research report also consists of various strategies and policies followed by the major key players that drive the virtualized evolved packet core market. The future growth rate is also discussed and mentioned in this research report.
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Component, Deployment|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Nokia Corporation (Finland), Cisco System Inc. (US), Huawei Technologies Co. Ltd. (China), NEC Corporation (Japan), Ericsson AB (Sweden), SAMSUNG (South Korea), ZTE Corporation (China), Mitel Networks Corporation (US), Affirmed Networks (US), Athonet S.R.L.(Italy)|
|Key Market Opportunities||
|Key Market Drivers||Technological advancements and adoption of 5G, IoT, and M2M technologies are driving the growth of the market.|
The global virtualized evolved packet core (vEPC) market is expected to record a substantial market valuation of USD 13.65 Billion by 2030.
The global virtualized evolved packet core (vEPC) market is projected to register an approximate 21.12% CAGR in the forecast period.
Technological advancements and adoption of 5G, IoT, and M2M technologies are driving the growth of the market.
The solution segment is slated to expand as the fastest-growing segment.
The LTE and VoLTE segment is slated to expand as the fastest-growing segment.
The telecom operators segment is slated to expand as the fastest-growing segment.
A few major market players operating in the global virtualized evolved packet core (vEPC) market are Mitel Networks Corporation (US), Affirmed Networks (US), Athonet S.R.L.(Italy), Nokia Corporation (Finland), among others.