Global Virtualized Evolved Packet Core (vEPC) Market 2020-2024

Global Virtualized Evolved Packet Core (vEPC) Market 2020-2024

Technavio has been monitoring the virtualized evolved packet core (vEPC) market and it is poised to grow by $ 17.51 bn during 2020-2024, progressing at a CAGR of 56% during the forecast period. Our reports on the virtualized evolved packet core (vEPC) market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising use of multimedia services and the cost-effectiveness of vEPC as a solution. In addition, the rising use of multimedia services is anticipated to boost the growth of the market as well.

The virtualized evolved packet core (vEPC) market analysis includes application segment and geographical landscapes.

Technavio's virtualized evolved packet core (vEPC) market is segmented as below:

By Application

• LTE, VoLTE, and VoWiFi
• MPN and MVNO
• IoT and M2M
• BWA

By Geographic Landscapes

• North America
• Europe
• APAC
• MEA
• South America

This study identifies the increasing demand for VoLTE as one of the prime reasons driving the virtualized evolved packet core (vEPC) market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our virtualized evolved packet core (vEPC) market report covers the following areas:

• Virtualized evolved packet core (vEPC) market sizing
• Virtualized evolved packet core (vEPC) market forecast
• Virtualized evolved packet core (vEPC) market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading virtualized evolved packet core (vEPC) market vendors that include Affirmed Networks, Athonet Srl, Cisco Systems Inc., Huawei Investment & Holding Co. Ltd., Mavenir Systems Inc., NEC Corp., Nokia Corp., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, and ZTE Corp. Also, the virtualized evolved packet core (vEPC) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.