Virtualized Evolved Packet Core (vEPC) Market Research Report- Forecast to 2030

Global virtualized Evolved Packet Core Market (vEPC) Market Research Report —By Component (Solution, Services), Deployment (On-premise, On Cloud), Use Cases (BWA, LTE & VoLTE, IoT & M2M), and By End-User (Telecom operator & Enterprise) Forecast till 2030

ID: MRFR/ICT/4167-CR | August 2018 | Region: Global | 121 Pages         

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virtualized Evolved Packet Core (vEPC) Market

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%.
Market Size
CAGR
Dominating Region
Forecast Period
$13.65 Billion
21.12%
Asia Pacific
2020-2030
Segmentation
By Component
By Deployment
  • Solution
  • Services
  • On-premise
  • On Cloud
Companies Profiled
Key Players
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)
Market Driving Forces
Drivers
5G
IoT
M2M technologies
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Virtualized Evolved Packet Core (vEPC) Market Overview:


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


Virtualized Evolved Packet Core (vEPC) Market Covid 19 Analysis: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.

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.


Virtualized Evolved Packet Core (vEPC) Market Dynamics:Drivers:Some of the factors that influence the market growth of virtualized evolved packet core market are rise in the number of LTE subscribers, the on-going development of 5G infrastructure, growth in the world to provide better customer services, rise in measuring service quality, performance, and innovation increase, and high-speed internet connectivity. In addition to this, there is a virtualized evolved packet core market growth which has influenced a holistic evaluation of the market.Opportunities:The virtualized evolved packet core market opportunities are the ones that influence the growth of the market. The market is provided with strong growth opportunities in the upcoming years. These opportunities are due to large growth attributed to telecom operators who are willing to invest in the virtualized framework. In addition to this, there is a rapid increase in the volume of data that is being carried by cellular networks. This rising volume has driven large consumer demand for video and shifted the business towards the use of cloud services.Restraints:The factors are transition from legacy infrastructure to virtualization and then competition with traditional infrastructure act as a hindrance to the growth of this market. Further, the factors include the rise in penetration of the internet of things IoT and machine-to-machine communication devices. An organization that likes very nice and resources to ship towards virtualization, which acts as a most important restraint in the market growth. In addition to this, there is a shift towards virtualization which also requires a significant amount of money. This large amount of money acts as a restraint for the virtualized evolved packet core market.Virtualized Evolved Packet Core (vEPC) Market Segmentation:The global virtualized evolved packet core market forecast is divided based on the component, based on the application, based on the region, and based on the end-users into the following.Based on the Component:The virtual evolved packet core market segmented based on the component into solutions and services. The services segment has the highest CAGR during the forecasted period. The services segment also plays an important role in the deployment and integration of next-generation networking solutions. The services sector is an enterprise's business environment.Based on the Application:Based on the application, the global virtualized default packet code market is divided into LTE, VOLTE, and VOWifi, loT and M2M, MPN and MVNO, and BWA.

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.


Based on the End Users:Based on end-users, the global virtualized evolved packet industries are divided into telecom operators and enterprises.Based on the Region:On a regional basis, the global market is divided into Asia Pacific, North America, Europe, and the rest of the world.Virtualized Evolved Packet Core (vEPC) Market Regional Analysis:Based on the region the market is divided into Asia Pacific, North America, Europe, and the rest of the world. The region of Asia Pacific is expected to show the highest virtualized evolved packet core market size. Due to the transforming dynamics concerning the adoption of new technologies in this region.

The Asia Pacific is especially prominent in countries of Japan, South Korea, Australia, Singapore, China, and India.


Virtualized Evolved Packet Core (vEPC) Market Competitive Landscape:The prominent key players of the virtualized evolved packet core market in the global market are mentioned down below-

  • ZTE Corporation (China)

  • Cisco Systems, Inc. (U.S.)

  • Telefonaktiebolaget LM Ericsson SE (Sweden)

  • Affirmed Networks, Inc. (U.S.)

  • Mavenir Systems, Inc. (U.S.)

  • Huawei Technologies Co., Ltd. (China)

  • Samsung Electronics Co, Ltd. (South Korea)

  • Tecore Inc. (U.S.)

  • Nokia Corporation (Finland)

  • Parallel Wireless, Inc. (U.S.)

  • F5 Networks, Inc. (U.S.)

  • NEC Corporation (Japan)

  • IPLOOK Technologies Co Ltd (China)

  • Polaris Networks (U.S.)

  • Athonet SRL (Italy)

  • LEMKO Corporation (U.S.)

  • Metaswitch Networks (U.K.)

  • and Intel Corporation (U.S.)


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.


Virtualized Evolved Packet Core (vEPC) Market Recent Developments:The recent developments seen in the market of virtualized evolved packet core are as follows:

  • Various developments are made in the financial segments of all the major and prominent key players.

  • Strategies, policies, and guidelines have changed as well as been innovative to increase the connectivity of the virtualized evolved packet core market.

  • Development in the unprecedented number of devices, users, and applications.

  • The rapid rise in the volume of data is being carried out by cellular networks that are developed in areas with low network coverage and underdeveloped.


Virtualized Evolved Packet Core (vEPC) Market Report Overview:The global virtualized evolved packet core market in the global market research report consists of the following elements which are mentioned down below

  • Market overview

  • covid 19 analysis

  • Market dynamics

  • Value chain analysis

  • Market segmentation

  • Regional analysis

  • Competitive landscape

  • Recent developments


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.



Report Scope:

Report Attribute/Metric Details
  Market Size

  • USD 11,500 Million (2017)
  • USD 13.65 Billion (2030)
  •   CAGR   21.12% (2020-2030)
      Base Year   2019
      Forecast Period   2020-2030
      Historical Data   2018
      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

  • Advancement in technologies such as 5G, IoT, and M2M, is also driving the adoption of vEPC. \r\n
  • As these technologies continue to mature, they will create greater opportunities for advanced mobile-core network systems.
  •   Key Market Drivers   Technological advancements and adoption of 5G, IoT, and M2M technologies are driving the growth of the market.


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    Frequently Asked Questions (FAQ) :

    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.

    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.