Virtualized Evolved Packet Core Market 2023 | Industry Demand, Fastest Growth, Opportunities Analysis and Forecast To 2032

Written by Betty Johns  »  Updated on: July 22nd, 2024

The new Virtualized Evolved Packet Core Market report offers a comprehensive study of the current scenario of the market including major market dynamics. Also, it highlights the in-depth marketing research with the newest trends, drivers, and segments with reference to regional and country. Further, this report profiles top key players and analyze their market share, strategic development, and other development across the world.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Virtualized Evolved Packet Core market include Nokia (Finland), Ericsson (Sweden), Cisco(US), Huawei (China), ZTE (China), Samsung (South Korea), Affirmed Networks(US), Mavenir (US), NEC(Japan), Athonet(Italy), Cumcore(Finland), Druid Software(Ireland), IPLook (China), Tech Mahindra (India), Parallel Wireless (US), Polaris Networks (US), Xinglera (US), Lemko (US), Tecore(US), and Telrad Networks (Israel). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The rollout of 5G networks necessitates a more agile and scalable core infrastructure, making vEPC a key enabler for diverse 5G services. The broader adoption of Network Function Virtualization (NFV) in the telecommunications industry has further propelled this market as operators seek to virtualize network functions and modernize their core architecture. Cost efficiency is another driving force, as virtualization reduces hardware dependency and operational expenses. vEPC offers increased network flexibility, allowing operators to dynamically allocate resources based on traffic demands and service requirements. As the demand for innovative services grows, vEPC enables quicker deployment of new applications and services, enhancing operators' responsiveness to market changes. Additionally, it supports network resilience through rapid failover capabilities and plays a crucial role in enabling edge computing and Mobile Edge Computing (MEC). Integration with Software-Defined Networking (SDN) further enhances network control and automation. As the telecommunications industry becomes more competitive, operators are adopting vEPC to gain a competitive edge and attract more subscribers.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of virtualized evolved packet core. The growth and trends of virtualized evolved packet core industry provide a holistic approach to this study.

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Market Segmentation

This section of the virtualized evolved packet core market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Offering

  • Solutions
  • Services

By Solution

  • MME
  • HSS
  • S-GW
  • PDN-GW

By Services

  • Professional Services
  • Consulting
  • Integration And Deployment
  • Training And Support
  • Managed Services

By Network

  • 5G Network
  • 4G Network

By End User

  • Telecom Operators
  • Enterprises

By Deployment Mode

  • Cloud
  • On-Premises

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Virtualized Evolved Packet Core market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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