# Virtualized Evolved Packet Core Market

> Virtualized Evolved Packet Core (vEPC) Market Research Report Information By component (Solution And Services), By Deployment (On-Premise And On-Cloud), By Applications (LTE, VOLTE, VOWiFi, IoT and M2M, And MPN & MVNO), By End-User (Telecom Operators And Enterprises) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

- **Forecast Period:** 2025 - 2035
- **CAGR:** 22.23%
- **2024:** $ 4.23 Billion
- **2025:** $ 5.17 Billion
- **2035:** $ 38.49 Billion
- **Key Players:** Nokia (FI), Ericsson (SE), Huawei (CN), ZTE (CN), Cisco (US), Mavenir (US), Samsung (KR), Intel (US), Juniper Networks (US)

**Report ID:** MRFR/ICT/4167-CR · **Pages:** 121 · **Author:** Apoorva Priyadarshi & Shubham Munde · **Last Updated:** March 09, 2026

**URL:** https://www.marketresearchfuture.com/reports/virtualized-evolved-packet-core-market-5616

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## Market Summary

## **Virtualized Evolved Packet Core (vEPC) Market Overview**

The Virtualized Evolved Packet Core Market is projected to grow from **USD 4.23 billion** in 2024 to **USD 21.12 billion** by 2032, exhibiting a compound annual growth rate **(CAGR) of 22.23%** during the forecast period (2024 - 2032). Additionally, the market size for Virtualized Evolved Packet Core was valued at USD 3.5 billion in 2023.

An increasing number of mobile LTE subscribers and the development of [5G infrastructure](../../../reports/5g-infrastructure-market-10527) are the key market drivers enhancing the market growth.

**Figure 1: Virtualized Evolved Packet Core (vEPC) Market Size, 2024-2032 (USD Billion)**  Source: Secondary Research, Primary Research, _Market Research Future_ Database and Analyst Review

## **Virtualized Evolved Packet Core (vEPC) Market Trends**

### **Growing development of 5G infrastructure is driving the market growth**

Market CAGR for Virtualized Evolved Packet Core (vEPC) is driven by the rising development of 5G infrastructure. Numerous new technological developments have occurred, including 5G in the telecommunications sector. Technologies like IoT are prompting MNOs to construct 5G infrastructure due to increased data traffic. Faster data transfer and on-demand network service provisioning will be possible thanks to 5G. MNOs are therefore required to deploy vEPC to improve their networks so that radio resources can be used effectively and network capacity may be increased.

Additionally, capacity and network intelligence may be boosted with virtualized EPC to satisfy the growing need for cutting-edge mobile data applications. One or more main use cases for Virtualized Evolved Packet Core Systems include the [Internet of Things](../../../reports/internet-of-things-market-1176) (IoT), LTE, VoLTE, M2M, and VO Wi-Fi. Telecommunications businesses are also searching for more economical solutions due to the growing need for additional bandwidth to support mobile networks.

Furthermore, the rapid rise in the amount of data carried by cellular networks has been primarily caused by consumer demand for video and the move in business practices toward cloud services. The commercialization of 5G services in industries like private 5G and the availability of unlicensed and shared spectrum globally are expected to impact future trends in the vEPS industry. Thus, driving the Virtualized Evolved Packet Core (vEPC) market revenue.

## **Virtualized Evolved Packet Core (vEPC) Market Segment Insights**

### **Virtualized Evolved Packet Core (vEPC) Component Insights**

The global Virtualized Evolved Packet Core (vEPC) market segmentation, based on component, includes solutions and services. The services segment dominated the market, accounting for maximum market revenue. Services play a significant role in adopting and integrating next-generation networking solutions in an organization’s operational environment. Because they primarily focus on optimizing business operations and improving the network of the organizations, services are seen as a significant component of the vEPC industry.

### **Virtualized Evolved Packet Core (vEPC) Deployment Insights**

The global Virtualized Evolved Packet Core (vEPC) market segmentation, based on deployment, includes on-premise and on-cloud. The on-premise segment generated the most income due to the large scale and size of incumbent enterprises still relying on physical servers for their networking requirements.

### **Virtualized Evolved Packet Core (vEPC) Applications Insights**

The global Virtualized Evolved Packet Core (vEPC) market segmentation, based on applications, includes LTE, VOLTE, VOWiFi, IoT and M2M, and MPN & MVNO. IoT and M2M generated the most revenue. Several mobile operators have installed EPC in the IoT packet core network. VEPC solution providers are also preparing [NFV](../../../reports/network-function-virtualization-market-2455) solutions for the IoT cellular. It is simple for the operator to provide superior connections for M2M devices and explore innovative services for customers by adopting the vEPC solution in IoT core networks.

### **Virtualized Evolved Packet Core (vEPC) End-user Insights**

The global Virtualized Evolved Packet Core (vEPC) market segmentation, based on end-user, includes telecom operators and enterprises. The telecom operators have generated the maximum market revenue. Telecom operators in many countries have already started using virtualized evolved packet core solutions. The South Korean carrier SK Telecom has successfully implemented a virtualized evolving packet core system. Telecom companies in North America and Asia-Pacific have also applied the technology to boost network effectiveness.

**Figure 2: Virtualized Evolved Packet Core (vEPC) Market, by End-User, 2022 & 2032 (USD Billion)**  Source: Secondary Research, Primary Research, _Market Research Future_ Database and Analyst Review

### **Virtualized Evolved Packet Core (vEPC) Regional Insights**

By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American Virtualized Evolved Packet Core (vEPC) market area will dominate this market, owing to the presence of big telecom giants. In addition, the growing penetration of 5G and 6G infrastructure, research & development activities, and highly developed network connectivity will boost market growth in this region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

**Figure 3: VIRTUALIZED EVOLVED PACKET CORE (VEPC) MARKET SHARE BY REGION 2022 (USD Billion)** Source: Secondary Research, Primary Research, _Market Research Future_ Database and Analyst Review

Europe's Virtualized Evolved Packet Core (vEPC) market accounts for the second-largest market share due to the deployment of LTE and 5G-based network connectivity, smartphone penetration and research & development. Further, the German Virtualized Evolved Packet Core (vEPC) market held the largest market share, and the UK Virtualized Evolved Packet Core (vEPC) market was the fastest growing market in the European region.

The Asia-Pacific Virtualized Evolved Packet Core (vEPC) Market is expected to grow at the fastest CAGR from 2023 to 2032 due to the growing acceptance of cloud computing and Internet of Things (IoT)-based applications. Moreover, China’s Virtualized Evolved Packet Core (vEPC) market held the largest market share, and the Indian Virtualized Evolved Packet Core (vEPC) market was the fastest growing market in the Asia-Pacific region.

## **Virtualized Evolved Packet Core (vEPC) Key Market Players & Competitive Insights**

Leading market players are investing heavily in research and development to expand their product lines, which will help the Virtualized Evolved Packet Core (vEPC) market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Virtualized Evolved Packet Core (vEPC) industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global Virtualized Evolved Packet Core (vEPC) industry to benefit clients and increase the market sector. In recent years, the Virtualized Evolved Packet Core (vEPC) industry has offered some of the most significant advantages to technology. Major players in the Virtualized Evolved Packet Core (vEPC) market, including 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), and others, are attempting to increase market demand by investing in research and development operations.

Nokia Corporation is a multinational company that specializes in consumer electronics, information technology, and telecommunications. Nokia Corporation is also known as Nokia in Finnish and Swedish. The headquater of Nokia are situated in Espoo, Finland. The company was established in 1865. For instance: In September 2022, Nokia launched its newest Software-as-a-Service (SaaS) solution, Visualization, Automation, and Analytics (AVA) charging, intended to assist Communication Service Providers (CSPs) and enterprises in efficiency releasing new offerings for 5G and IoT usage cases.

With its ‘Intelligence Everywhere’ method, Machine Learning (ML), AVA Charging leverages Artificial Intelligence (AI), Open APIs, no code configuration, multi-cloud orchestration and digital ecosystems to bring comprehensive capabilities.

Telefonaktiebolaget LM Ericcson, also known as Ericcson, is a global Swedish networking and telecommunications corporation headquartered in Stockholm. For telecom service providers and businesses, the company supplies software, infrastructure, and services in information and communications technology, and optical transport systems. Over 1, 00,000 individuals work for the corporation, which operates in over 180 nations. Over 57,000 awarded patents belong to Erricson. One of the pioneers in 5G, Ericsson has made important contributions to the growth of the telecom sector. For Instance: In February 2023, Ericsson and Econet will roll out 5G in Zimbave.

Due to the cooperation, Econet will have access to Ericsson’s most recent Radio Access Network (RAN) and 5G Evolved Packet Core (EPC) solutions, which are much faster than 4G and will improve user experience and capacity.

### **Key Companies in the Virtualized Evolved Packet Core (vEPC) market include**

## **Virtualized Evolved Packet Core (vEPC) Industry Developments**

In February 2023, Intel Corporation and SK Telecom have announced the release of Intel Infrastructure Power Manager for 5G Core, which saves an average of 30% CPU power at runtime with built-in acceleration to meet critical performance, scaling and power requirements.

In June 2021, Nokia Corporation, in partnership with DISH, deployed the first standalone 5G core network on the public cloud using AWS. Network operations become streamlined when you deploy network on AWS; it is possible to quickly install new software and services and support integration for a legion of innovative use cases for customers.

In October 2022, to support the development of 5G ecosystems and advance 6G research in Europe, Smart Networks and Services Joint Undertaking (SNS JU) has chosen its initial portfolio of thirty-five research, innovation and trial projects. The objective is to create a world-class European supply chain for state-of-the-art 5G systems and expand Europe's technology capabilities in the area of 6G technologies under Horizon Europe through total funding for this new set of about €250 million.

In September 2022, Nokia released AVA Charging - Software as a Service (SaaS); this product will enable CSPs as well as enterprises to quickly commercialize new offerings for lot & 5 G use cases.

In June 2019, Mavenir began offering an alternative Virtual RAN aimed at ending the global mobile network supply oligopoly and is currently contesting several tenders/RFIs for mobile networks across the APAC region.

In May 2019, Vodafone Idea Limited will deploy the Ericsson cloud packet core to enhance network performance.VIL will benefit from Ericsson’s leading applications in the core network and Network Functions such as Ericsson virtual Evolved Packet Gateway (vEPG), Service-Aware Policy Controller (vSAPC) and Virtualization Infrastructure (NFVI) solution enabling the fast introduction of new services and providing full-service continuity.

In November 2017, Ericsson worked with Telefónica Chile to deploy its NFV solution, including vEPC, virtual Authentication Authorization and Accounting (AAA), Virtual IP Multimedia Subsystem (IMS) and NFVi infrastructure to virtualize their network function.

**Virtualized Evolved Packet Core (vEPC) Market Segmentation**

### **Virtualized Evolved Packet Core (vEPC) Component Outlook**

### **Virtualized Evolved Packet Core (vEPC) Deployment Outlook**

### **Virtualized Evolved Packet Core (vEPC) Applications Outlook**

### **Virtualized Evolved Packet Core (vEPC) End-User Outlook**

### **Virtualized Evolved Packet Core (vEPC) Regional Outlook**

## Market Drivers

### Support for Network Slicing

Network slicing is emerging as a crucial feature in the Virtualized Evolved Packet Core Market (vEPC) Market, particularly with the advent of 5G technology. This capability allows operators to create multiple virtual networks on a single physical infrastructure, tailored to specific service requirements. As industries such as automotive, healthcare, and entertainment demand customized network solutions, the ability to implement network slicing becomes increasingly vital. The market for network slicing is expected to grow significantly, with estimates suggesting it could reach several billion dollars by 2026. This trend indicates that vEPC solutions, which facilitate network slicing, are likely to see heightened adoption as operators seek to meet diverse customer needs.

### Growing Demand for High-Speed Connectivity

The increasing demand for high-speed connectivity is a primary driver for the Virtualized Evolved Packet Core Market (vEPC) Market. As consumers and businesses alike seek faster internet services, telecommunications providers are compelled to upgrade their infrastructure. The vEPC technology facilitates the deployment of 4G and 5G networks, which are essential for meeting these connectivity demands. According to recent data, the number of 5G subscriptions is projected to reach over 1 billion by the end of 2025, indicating a robust growth trajectory. This surge in demand for high-speed services necessitates the adoption of vEPC solutions, which offer scalability and flexibility, thereby enhancing network performance and user experience.

### Cost Efficiency and Operational Flexibility

Cost efficiency remains a significant driver for the Virtualized Evolved Packet Core Market (vEPC) Market. By transitioning to a virtualized architecture, telecom operators can reduce capital expenditures associated with traditional hardware. The operational flexibility provided by vEPC allows for dynamic resource allocation, which can lead to substantial savings in operational costs. Reports suggest that companies adopting vEPC solutions have experienced up to a 30% reduction in operational expenses. This financial incentive is particularly appealing in a competitive market where profit margins are often tight. As operators strive to optimize their expenditures while enhancing service delivery, the cost benefits of vEPC are likely to drive its adoption further.

### Rise of Internet of Things (IoT) Applications

The proliferation of Internet of Things (IoT) applications is significantly influencing the Virtualized Evolved Packet Core Market (vEPC) Market. With billions of devices expected to be connected in the coming years, the demand for a robust and scalable network infrastructure is paramount. vEPC solutions are well-suited to handle the diverse and dynamic traffic generated by IoT devices, ensuring seamless connectivity and data management. Industry forecasts indicate that the number of connected IoT devices could exceed 30 billion by 2025, necessitating advanced network solutions. This trend underscores the importance of vEPC in supporting the growing IoT ecosystem, thereby driving its market growth.

### Regulatory Compliance and Security Enhancements

Regulatory compliance and security enhancements are becoming increasingly important drivers for the Virtualized Evolved Packet Core Market (vEPC) Market. As [data privacy](https://www.marketresearchfuture.com/reports/data-privacy-software-market-40808) regulations tighten globally, telecom operators must ensure that their networks comply with these standards. vEPC solutions offer advanced security features that help operators safeguard sensitive data and maintain compliance with regulations such as GDPR and CCPA. The market for telecom security solutions is projected to grow, reflecting the heightened focus on security in network operations. This emphasis on compliance and security not only protects operators from potential fines but also builds consumer trust, thereby driving the adoption of vEPC technologies.

## Future Outlook

The Virtualized Evolved Packet Core Market (vEPC) Market is projected to grow at a 22.23% CAGR from 2025 to 2035, driven by increasing demand for mobile data and IoT applications.

**New opportunities:**

- Development of AI-driven network optimization tools
- Expansion into emerging markets with tailored vEPC solutions
- Partnerships with cloud service providers for integrated offerings

By 2035, the vEPC market is expected to be a cornerstone of global telecommunications infrastructure.

## Segment Insights

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

In the Virtualized Evolved Packet Core (vEPC) Market, the component segment is distinctly characterized by solutions holding a significant portion of the market share. Solutions are widely adopted among telecommunications providers due to their reliability and effectiveness in managing networks, which enhance operational efficiency. On the other hand, the services segment is rapidly gaining traction, reflecting the increasing demand for professional guidance and support as organizations transition to more sophisticated vEPC implementations.

Solutions (Dominant) vs. Services (Emerging)

Within the vEPC Market, Solutions serve as a dominant force, facilitating scalable, resilient infrastructure essential for enhancing network performance. Their configurability and integration with various technologies make them invaluable for telecom operators aiming for a competitive edge. Conversely, services have emerged as a crucial component in the market, particularly as businesses seek partnerships for cloud deployment and operational support. These services enable organizations to rapidly adapt to changing technological demands, ensuring seamless transitions and optimal performance through expert implementations. As a result, the services sector is projected to experience sustained growth as it complements the solutions with necessary expertise.

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

In the Virtualized Evolved Packet Core (vEPC) Market, the deployment landscape is prominently divided between On-Cloud and On-Premise models. On-Cloud solutions are currently the largest segment, capturing a substantive share of the market due to their flexibility and scalability, which meets the demands of modern network operators. On-Premise deployments, however, are gaining significant traction, especially among enterprises seeking enhanced security and control over their network environments.

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

On-Cloud deployments are characterized by their ability to provide virtualized infrastructure through third-party service providers, enabling telecom operators to manage their services dynamically and at scale. This model offers advantages including reduced capital expenditures and faster service delivery, appealing to a wide range of enterprises. Conversely, On-Premise deployments cater to industries that prioritize security and regulatory compliance. These solutions allow organizations to maintain physical control over their infrastructure, leading to increased customization and reliability, making them increasingly relevant in securing critical network operations.

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

The 'Applications' segment in the Virtualized Evolved Packet Core (vEPC) Market showcases a competitive landscape with LTE commanding the largest share. LTE continues to be the predominant application due to its widespread adoption and the foundational role it plays in modern mobile networks. VoLTE is emerging rapidly as a key player, capitalizing on the need for high-quality voice services over LTE networks, thereby capturing a significant portion of market interest. Together, these applications illustrate the dynamic nature of vEPC market segmentation.

VoLTE (Dominant) vs. IoT and M2M (Emerging)

VoLTE is positioned as a dominant force within the vEPC landscape, offering superior voice quality and enabling HD voice calling, which is becoming an essential offering for mobile operators. Its ability to enhance user experience is driving its rapid adoption across various networks. On the other hand, IoT and M2M are emerging applications that present significant growth potential as the world shifts towards interconnected devices and smart solutions. This segment is being fueled by the increasing demand for data connectivity among IoT devices, emphasizing the need for innovative solutions that vEPC can offer. The interplay between these two applications highlights a shift from traditional voice-centric to data-driven mobile communications.

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

In the Virtualized Evolved Packet Core (vEPC) Market, the distribution of market share among end-users reveals a significant prominence of telecom operators. These operators typically account for a substantial portion of vEPC deployments, driven by their need to enhance network efficiency and support growing data traffic. Contrastingly, enterprises are quickly gaining ground, reflecting a rising interest in adopting virtualized network solutions to streamline operations and enable better service delivery. 

Growth trends in this segment indicate a robust expansion, especially among enterprises who are increasingly recognizing the advantages of vEPC deployments. The shift towards cloud-based services and the growing demand for flexible and scalable network solutions are propelling enterprises to adopt vEPC technologies at an accelerated pace, making them one of the fastest-growing segments in the market.

End-User Sector: Telecom Operators (Dominant) vs. Enterprises (Emerging)

Telecom operators represent the dominant force in the Virtualized Evolved Packet Core (vEPC) Market, leveraging their scale and infrastructure to implement advanced network solutions that cater to their extensive user bases. These operators focus on enhancing quality of service and network efficiency while accommodating the increasing demand for mobile data. On the other hand, enterprises are emerging as a pivotal segment, driven by the necessity for agile and cost-effective networking solutions. Their increasing participation signifies a paradigm shift where businesses seek to optimize operations through virtualization, indicating a rapidly evolving landscape as they aggressively pursue digital transformation initiatives.

## Regional Market Share Analysis

### North America : Innovation and Leadership Hub

North America is the largest market for Virtualized Evolved Packet Core Market (vEPC), holding approximately 40% of the global market share. The region's growth is driven by the increasing demand for high-speed [mobile networks](https://www.marketresearchfuture.com/reports/mobile-network-optimization-mno-market-31299) and the transition to 5G technology. Regulatory support from the Federal Communications Commission (FCC) and investments in infrastructure are key catalysts for this growth. The region's focus on innovation and technology adoption further enhances its market position. The competitive landscape in North America is characterized by the presence of major players such as Cisco, Ericsson, and Nokia. The United States leads the market, followed by Canada, which is also witnessing significant investments in telecommunications infrastructure. The collaboration between telecom operators and technology providers is fostering a robust ecosystem for vEPC solutions, ensuring that North America remains at the forefront of the market.

### Europe : Emerging Market with Regulations

Europe is the second-largest market for Virtualized Evolved Packet Core Market (vEPC), accounting for approximately 30% of the global market share. The region's growth is propelled by stringent regulatory frameworks aimed at enhancing network efficiency and security. The European Union's Digital Single Market strategy encourages the adoption of advanced telecommunications technologies, including vEPC, to support 5G deployment and improve connectivity across member states. Leading countries in Europe include Germany, the UK, and France, which are investing heavily in digital infrastructure. The competitive landscape features key players like Ericsson and Nokia, who are actively collaborating with local telecom operators to deliver innovative vEPC solutions. The presence of a strong regulatory environment and a focus on sustainability further enhance Europe's position in The Virtualized Evolved Packet Core Market (vEPC).

### Asia-Pacific : Rapid Growth and Adoption

Asia-Pacific is witnessing rapid growth in the Virtualized Evolved Packet Core Market (vEPC) market, holding approximately 25% of the global market share. The region's expansion is driven by the increasing adoption of mobile broadband services and the rollout of 5G networks. Government initiatives in countries like China and India to enhance digital connectivity are significant growth catalysts, alongside the rising demand for cloud-based solutions in telecommunications. China is the largest market in the region, followed by India and Japan, with major players like Huawei and ZTE leading the charge. The competitive landscape is marked by aggressive investments in technology and infrastructure, as telecom operators seek to modernize their networks. The presence of both local and international players fosters a dynamic environment, positioning Asia-Pacific as a key player in The Virtualized Evolved Packet Core Market (vEPC).

### Middle East and Africa : Resource-Rich Frontier

The Middle East and Africa region is emerging as a significant player in the Virtualized Evolved Packet Core Market (vEPC) market, accounting for approximately 5% of the global market share. The growth is driven by increasing mobile penetration and the demand for enhanced connectivity solutions. Government initiatives aimed at improving digital infrastructure and attracting foreign investments are crucial for the region's development in telecommunications, particularly in countries like South Africa and the UAE. Leading countries in this region include South Africa, the UAE, and Nigeria, where telecom operators are investing in modernizing their networks. The competitive landscape features both local and international players, with companies like Ericsson and Huawei actively participating in the market. The region's focus on digital transformation and smart city initiatives is expected to further boost the demand for vEPC solutions.

## Competitive Benchmarking

Leading market players are investing heavily in research and development to expand their product lines, which will help the Virtualized Evolved Packet Core Market (vEPC) market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Virtualized Evolved Packet Core Market (vEPC) industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global Virtualized Evolved Packet Core Market (vEPC) industry to benefit clients and increase the market sector. In recent years, the Virtualized Evolved Packet Core Market (vEPC) industry has offered some of the most significant advantages to technology. Major players in the Virtualized Evolved Packet Core Market (vEPC) market, including 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), and others, are attempting to increase market demand by investing in research and development operations.
Nokia Corporation is a multinational company that specializes in consumer electronics, information technology, and telecommunications. Nokia Corporation is also known as Nokia in Finnish and Swedish. The headquater of Nokia are situated in Espoo, Finland. The company was established in 1865. For instance: In September 2022, Nokia launched its newest Software-as-a-Service (SaaS) solution, Visualization, Automation, and Analytics (AVA) charging, intended to assist Communication Service Providers (CSPs) and enterprises in efficiency releasing new offerings for 5G and IoT usage cases.
With its ‘Intelligence Everywhere’ method, Machine Learning (ML), AVA Charging leverages Artificial Intelligence (AI), Open APIs, no code configuration, multi-cloud orchestration and digital ecosystems to bring comprehensive capabilities.
Telefonaktiebolaget LM Ericcson, also known as Ericcson, is a global Swedish networking and telecommunications corporation headquartered in Stockholm. For telecom service providers and businesses, the company supplies software, infrastructure, and services in information and communications technology, and optical transport systems. Over 1, 00,000 individuals work for the corporation, which operates in over 180 nations. Over 57,000 awarded patents belong to Erricson. One of the pioneers in 5G, Ericsson has made important contributions to the growth of the telecom sector. For Instance: In February 2023, Ericsson and Econet will roll out 5G in Zimbave.
Due to the cooperation, Econet will have access to Ericsson’s most recent Radio Access Network (RAN) and 5G Evolved Packet Core (EPC) solutions, which are much faster than 4G and will improve user experience and capacity.

## Recent News & Developments

In February 2023, Intel Corporation and SK Telecom have announced the release of Intel Infrastructure Power Manager for 5G Core, which saves an average of 30% CPU power at runtime with built-in acceleration to meet critical performance, scaling and power requirements.

In June 2021, Nokia Corporation, in partnership with DISH, deployed the first standalone 5G core network on the public cloud using AWS. Network operations become streamlined when you deploy network on AWS; it is possible to quickly install new software and services and support integration for a legion of innovative use cases for customers.

In October 2022, to support the development of 5G ecosystems and advance 6G research in Europe, Smart Networks and Services Joint Undertaking (SNS JU) has chosen its initial portfolio of thirty-five research, innovation and trial projects. The objective is to create a world-class European supply chain for state-of-the-art 5G systems and expand Europe's technology capabilities in the area of 6G technologies under Horizon Europe through total funding for this new set of about €250 million.

In September 2022, Nokia released AVA Charging - Software as a Service (SaaS); this product will enable CSPs as well as enterprises to quickly commercialize new offerings for lot & 5 G use cases.

In June 2019, Mavenir began offering an alternative Virtual RAN aimed at ending the global mobile network supply oligopoly and is currently contesting several tenders/RFIs for mobile networks across the APAC region.

In May 2019, Vodafone Idea Limited will deploy the Ericsson cloud packet core to enhance network performance.VIL will benefit from Ericsson’s leading applications in the core network and Network Functions such as Ericsson virtual Evolved Packet Gateway (vEPG), Service-Aware Policy Controller (vSAPC) and Virtualization Infrastructure (NFVI) solution enabling the fast introduction of new services and providing full-service continuity.

In November 2017, Ericsson worked with Telefónica Chile to deploy its NFV solution, including vEPC, virtual Authentication Authorization and Accounting (AAA), Virtual IP Multimedia Subsystem (IMS) and NFVi infrastructure to virtualize their network function.

## Report Scope

| MARKET SIZE 2024 | 4.23(USD Billion) |
| --- | --- |
| MARKET SIZE 2025 | 5.17(USD Billion) |
| MARKET SIZE 2035 | 38.49(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 22.23% (2025 - 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 Billion |
| Key Companies Profiled | Nokia (FI), Ericsson (SE), Huawei (CN), ZTE (CN), Cisco (US), Mavenir (US), Samsung (KR), Intel (US), Juniper Networks (US) |
| Segments Covered | component, Deployment, Applications, End-User, Region |
| Key Market Opportunities | Integration of edge computing enhances scalability and efficiency in the Virtualized Evolved Packet Core (vEPC) Market. |
| Key Market Dynamics | Rising demand for network flexibility drives innovation in Virtualized Evolved Packet Core solutions among telecommunications providers. |
| Countries Covered | North America, Europe, APAC, South America, MEA |

## Frequently Asked Questions

**Q: What is the projected market valuation of the Virtualized Evolved Packet Core (vEPC) Market by 2035?**
A: The projected market valuation for the vEPC Market is expected to reach 38.49 USD Billion by 2035.

**Q: What was the market valuation of the vEPC Market in 2024?**
A: The overall market valuation of the vEPC Market was 4.23 USD Billion in 2024.

**Q: What is the expected CAGR for the vEPC Market during the forecast period 2025 - 2035?**
A: The expected CAGR for the vEPC Market during the forecast period 2025 - 2035 is 22.23%.

**Q: Which companies are considered key players in the vEPC Market?**
A: Key players in the vEPC Market include Nokia, Ericsson, Huawei, ZTE, Cisco, Mavenir, Samsung, Intel, and Juniper Networks.

**Q: What are the main components of the vEPC Market and their valuations?**
A: The main components of the vEPC Market include Solutions valued at 23.1 USD Billion and Services valued at 15.39 USD Billion.

**Q: How is the vEPC Market segmented by deployment type?**
A: The vEPC Market is segmented into On-Premise, valued at 19.25 USD Billion, and On-Cloud, valued at 19.24 USD Billion.

**Q: What applications are driving growth in the vEPC Market?**
A: Applications driving growth in the vEPC Market include LTE, VoLTE, VoWiFi, IoT and M2M, and MPN & MVNO, with valuations ranging from 4.0 to 13.0 USD Billion.

**Q: Who are the primary end-users of vEPC solutions?**
A: The primary end-users of vEPC solutions are Telecom Operators, valued at 23.08 USD Billion, and Enterprises, valued at 15.41 USD Billion.

**Q: What trends are influencing the growth of the vEPC Market?**
A: Trends influencing the growth of the vEPC Market include the increasing demand for efficient network management and the rise of IoT applications.

**Q: How does the vEPC Market compare to traditional packet core solutions?**
A: The vEPC Market offers enhanced flexibility and scalability compared to traditional packet core solutions, which is likely to drive its adoption.


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