Virtualized Evolved Packet Core Market, Revenue Share Analysis, Country Forecast, 20212032
The virtualized evolved packet core (vEPC) market has witnessed significant growth in recent years, driven by the increasing demand for scalable and flexible network solutions in the telecommunications industry. The evolved packet core (EPC) is a critical component of the Long-Term Evolution (LTE) network architecture, responsible for managing data traffic and providing connectivity services. Virtualized EPC refers to the virtualization of EPC functions, enabling operators to deploy and scale their networks more efficiently.
The global Virtualized Evolved Packet Core (vEPC) Market size was USD 7.15 Billion in 2022 and is expected to register a steady revenue CAGR of 18.7% during the forecast period, according to latest analysis by Emergen Research. One of the key drivers of the virtualized EPC market is the rapid growth of mobile data traffic. With the proliferation of smartphones, tablets, and other connected devices, the demand for high-speed data services has skyrocketed. Virtualized EPC offers operators the ability to dynamically allocate network resources and scale their networks to meet the increasing data demands. This scalability and flexibility are crucial in ensuring a seamless user experience and optimizing network performance.
Another driver of the market is the cost savings associated with virtualized EPC. Traditional EPC deployments require dedicated hardware and physical infrastructure, which can be expensive to procure, maintain, and upgrade. Virtualized EPC, on the other hand, leverages software-defined networking (SDN) and network functions virtualization (NFV) technologies to run EPC functions on standard servers and virtual machines. This eliminates the need for costly hardware investments and reduces operational expenses, making virtualized EPC an attractive option for operators.
However, the virtualized EPC market also faces certain restraints. One of the major challenges is the complexity of network integration and migration. Virtualizing EPC functions requires careful planning and coordination to ensure seamless integration with existing network infrastructure. Operators need to consider factors such as interoperability, security, and performance optimization during the migration process. The complexity of these tasks can pose challenges and delay the adoption of virtualized EPC.
Furthermore, concerns regarding network security and data privacy pose a restraint to the market. Virtualized EPC introduces new vulnerabilities and risks that need to be addressed to ensure the integrity and confidentiality of network traffic. Operators need to implement robust security measures and comply with regulatory requirements to protect user data and prevent unauthorized access. Addressing these security concerns is crucial in gaining the trust of operators and end-users.
The report offers a comprehensive analysis of the competitive landscape of the market through extensive profiling of the key competitors. The section on the competitive analysis covers product portfolio, company overview, production and manufacturing capacity, financial standing, revenue and gross profit margins, and market position. It also sheds light on the mergers and acquisitions, joint ventures, collaborations, and partnerships occurring in the market. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
Click the link to get a Free Sample Copy of the Report: @https://www.emergenresearch.com/request-sample/2107
Competitive Outlook: The leading companies operating in the Virtualized Evolved Packet Core market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Virtualized Evolved Packet Core Market and Profiled in the Report are:
Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., Nokia, ZTE Corporation, Cisco Systems, Inc., Affirmed Networks, Mavenir, SAMSUNG, Athonet srl, and NEC Corporation
Objectives of the Report:
Study of the global Virtualized Evolved Packet Core market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Virtualized Evolved Packet Core market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Virtualized Evolved Packet Core market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Virtualized Evolved Packet Core market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
Enquire for customization in Report @:https://www.emergenresearch.com/request-for-customization/2107
Segments Covered in this report are:
- Offerings Outlook (Revenue, USD Billion; 2019-2032)
Solutions
Virtualized Packet GatewayVirtualized Mobility Management Entity (vMME)Policy and Charging Rules Function (PCRF)Services
Consulting and Advisory ServicesSystem Integration and Deployment ServicesMaintenance and Support Services
- Deployment Mode Outlook (Revenue, USD Billion; 2019-2032)
On-PremisesCloud-based
- Network Type Outlook (Revenue, USD Billion; 2019-2032)
LTE5G
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Browse Detailed Research report @https://www.emergenresearch.com/industry-report/virtualized-evolved-packet-core-market
Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.
Look More Related Reports By Emergen Research
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Replies have been locked on this page!