Virtualized Evolved Packet Core (vEPC) Market Size, Trends, Revenue Share Analysis, Forecast, 2023–2028 – Reports and Data

The Virtualized evolved packet core market is expected to grow from USD 1.37 Billion in 2020 to USD 14.45 Billion by 2028, at a CAGR of 34.2% during the forecast period. The reducing size of CapEx and OpEx, increasing LTE mobile subscribers, increasing use of smartphones, a rise of network function virtualization and growing demand for high-speed data networks are some of the driving factors of the market. Some other factors contributing to the rise of virtualized evolved packet core market are the growth of IoT and M2M and future in 5G. vEPC supports nearly networks of any scale and size, thus reducing the operational as well as capital costs of all business levels. Evolved Packet Core helps in combining voice and data on an Internet Protocol service architecture.

The reluctance of businesses at all levels in adapting virtualized infrastructure, due to the current massive investment in traditional networking with many hardware appliances in use which are specialized to a single unit of application may restrain the growth of the virtualized evolved packet core market.

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Top Companies Operating in the Global Virtualized Evolved Packet Core (vEPC) Market:

Affirmed Networks (US), Ericsson (Sweden), Huawei Technologies (China), Mavenir (US), ZTE Corporation (China), Athonet (Italy), Cisco Systems (US), NEC Corporation (Japan), Nokia Corporation (Finland), and Samsung (South Korea), among others.

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The global market is further segmented into type and application:

By Deployment Type:

• Cloud
• On-Premises

By Use Case:

• LTE, VOLTE, and VoWiFi
• Broadband Wireless Access (BWA)
• IoT and M2M
• MPN and MVNO

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
• Latin America (Brazil, Rest of LATAM)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Takeaways of the Competitive Overview Section:

• Overview of the company profiles of each market player
• Industrial chain analysis of each player
• Revenue share contribution
• Sales network and distribution channels and net profits and losses of each company
• Key business growth strategies are undertaken by these players

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