Virtualized Evolved Packet Core Market worth $23.16 billion by 2030, growing at a CAGR of 14.45% - Exclusive Report by 360iResearch

The "Virtualized Evolved Packet Core Market by Component (Services, Solutions), Network (4G Network, 5G Network), Deployment Mode, End-User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Virtualized Evolved Packet Core Market to grow from USD 9.00 billion in 2023 to USD 23.16 billion by 2030, at a CAGR of 14.45%.

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The virtual evolved packet core(vEPC) refers to the framework for virtualizing the functions of the evolved packet core (EPC), which has traditionally been utilized in LTE networks. By harnessing the principles of network functions virtualization (NFV), vEPC enables the core network functions to be run on generic servers rather than on specialized hardware, allowing for greater scalability, flexibility, and efficiency in the management and deployment of network services. Government initiatives to achieve digitalization capabilities in diverse industrial sectors, including telecommunication and network infrastructure, are also gaining traction. However, complexities in integrating vEPC with existing mobile core and back office systems and the possibility of privacy breaches and loss of data security pose hurdles to the widespread adoption of the technology. However, major players are continuously exploring the integration of new technologies such as AI, Ml, and IoT to overcome regulatory and technical challenges. Furthermore, the proliferation of 4G LTE networks and the transition towards 5G can provide new avenues of growth for the industry. With the ability to provide higher throughput, lower latency, and massive device connectivity, 5G deployment serves as a major driver for widening applications of vEPC technology.

North America, being a developed market, witnesses higher use and production of virtually evolved packet cores (vEPC), primarily due to advanced technology implementations and dense network infrastructures. Compatibility with 4G LTE and 5G networks has increased vEPC's popularity in the region. Major telecom companies actively involved in vEPC are based in the U.S. and Canada, and South America exhibits a growing trend for vEPC. Asia exhibits a dynamic picture of vEPC use, with rapidly growing economies such as India and China witnessing huge demand due to massive mobile data consumption and infrastructure development. A significant penetration rate of 4G and impending 5G adoption are driving up the vEPC market in the region. Countries such as Japan and South Korea are leading in production capabilities, with some regional companies at the forefront. In Europe, vEPC is extensively utilized due to the proliferation of LTE networks and the emphasis on network virtualization. High-end smartphone usage and the rising need for high-speed data are contributing factors. Western Europe, especially the UK, Germany, and France, show high production rates with the government spearheading the 5G initiative. The rise in data traffic, IoT proliferation, and the advent of 5G are factors encouraging companies to invest heavily in vEPC solutions in the Middle East & Africa.

Market Segmentation & Coverage:

This research report categorizes the Virtualized Evolved Packet Core Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Component, market is studied across Services and Solutions. The Services is further studied across Consulting, Integration & Deployment, Managed Services, Professional Services, and Training & Support. The Solutions is further studied across HSS, MME, PDN-GW, and S-GW. The Solutions is projected to witness significant market share during forecast period.

Based on Network, market is studied across 4G Network and 5G Network. The 5G Network is projected to witness significant market share during forecast period.

Based on Deployment Mode, market is studied across Cloud and On-Premises. The Cloud is projected to witness significant market share during forecast period.

Based on End-User, market is studied across Enterprises and Telecom Operators. The Telecom Operators is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.84% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Virtualized Evolved Packet Core Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Virtualized Evolved Packet Core Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Virtualized Evolved Packet Core Market, highlighting leading vendors and their innovative profiles. These include Athonet S.r.l. by Hewlett Packard Enterprise Company, Cisco Systems, Inc., Cumucore Oy, Druid Software, F5, Inc., Huawei Technologies Co., Ltd., Intel Corporation, IPLOOK Technologies, Juniper Networks, Inc., LEMKO Corporation, Mavenir Systems, Inc., Microsoft Corporation, NEC Corporation, Nokia Corporation, Parallel Wireless, Inc., Polaris Networks by Motorola Solutions, Inc., Radisys Corporation by Jio Infocomm Limited, Red Hat, Inc. by International Business Machines Corporation, Samsung Electronics Co., Ltd., Tech Mahindra Limited, Tecore Inc., Telefonaktiebolaget LM Ericsson, Telrad Networks by Cassava Technologies, VMware, Inc., and ZTE Corporation.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Virtualized Evolved Packet Core Market, by Component
7. Virtualized Evolved Packet Core Market, by Network
8. Virtualized Evolved Packet Core Market, by Deployment Mode
9. Virtualized Evolved Packet Core Market, by End-User
10. Americas Virtualized Evolved Packet Core Market
11. Asia-Pacific Virtualized Evolved Packet Core Market
12. Europe, Middle East & Africa Virtualized Evolved Packet Core Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Virtualized Evolved Packet Core Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Virtualized Evolved Packet Core Market?
3. What is the competitive strategic window for opportunities in the Virtualized Evolved Packet Core Market?
4. What are the technology trends and regulatory frameworks in the Virtualized Evolved Packet Core Market?
5. What is the market share of the leading vendors in the Virtualized Evolved Packet Core Market?
6. What modes and strategic moves are considered suitable for entering the Virtualized Evolved Packet Core Market?

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