Europe Virtualized Evolved Packet Core (vEPC) Market Size, Share & Industry Analysis Report By End User, By Deployment Mode (Cloud-based, On-premise, and Hybrid), By Application (IoT and M2M, LTE/VoLTE/VoWiFi, 5G Standalone (SA) Core, 5G Non-Standalone (N
Description
The Europe Virtualized Evolved Packet Core (vEPC) Market would witness market growth of 25.2% CAGR during the forecast period (2025-2032).
The Germany market dominated the Europe Virtualized Evolved Packet Core (vEPC) Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $1,695.5 million by 2032. The UK market is exhibiting a CAGR of 23.8% during (2025 - 2032). Additionally, The France market would experience a CAGR of 26.1% during (2025 - 2032). The Germany and UK led the Europe Virtualized Evolved Packet Core (vEPC) Market by Country with a market share of 18% and 15.1% in 2024. The Italy market is expected to witness a CAGR of 25.8% during throughout the forecast period.
The European vEPC market has grown thanks to strong government support, early spectrum harmonization, and being the first to set standards for network virtualization. The EU Digital Strategy and 5G Action Plan, along with ETSI's NFV frameworks, sped up the move from hardware-based EPC to virtualized and cloud-native architectures. Major operators put money into NFV, automation, and orchestration early on, which made core networks that could grow to handle more data traffic, IoT, and business use cases. OEM leadership made this change even stronger by providing carrier-grade, interoperable virtualized packet core platforms.
Cloud-native modernization, edge-centric deployments, and the rapid growth of private LTE and 5G networks in European industries are what define the market today. To provide low-latency and secure connectivity, operators are using containerized, microservices-based vEPC and moving core functions closer to businesses. In an open, standardized ecosystem, established OEMs, operators, and new vendors that focus on businesses all compete with each other. All of these changes make Europe one of the most advanced places in the world for businesses to adopt software-driven mobile core networks.
End User Outlook
Based on End User, the market is segmented into Telecom Operators, Enterprises & Industrial Applications, MVNE / MVNOs, Government & Public Safety, and Cloud Service Providers. Among various Germany Virtualized Evolved Packet Core (vEPC) Market by End User; The Telecom Operators market achieved a market size of USD $184.7 Million in 2024 and is expected to grow at a CAGR of 22.1 % during the forecast period. The Cloud Service Providers market is predicted to experience a CAGR of 27% throughout the forecast period from (2025 - 2032).
Application Outlook
Based on Application, the market is segmented into IoT and M2M, LTE/VoLTE/VoWiFi, 5G Standalone (SA) Core, 5G Non-Standalone (NSA) Core, Mobile Private Networks (MPN) and MVNO, and Broadband Wireless Access (BWA). The IoT and M2M market segment dominated the UK Virtualized Evolved Packet Core (vEPC) Market by Application is expected to grow at a CAGR of 22.2 % during the forecast period thereby continuing its dominance until 2032. Also, The Mobile Private Networks (MPN) and MVNO market is anticipated to grow as a CAGR of 25.5 % during the forecast period during (2025 - 2032).
Country Outlook
Germany's virtualized evolved packet core (vEPC) market is growing quickly because of efforts to modernize 5G networks across the country, improve digital infrastructure, and move away from old EPC systems and toward cloud-native, software-defined architectures. The country's focus on Industry 4.0 and digitalizing industries like manufacturing, automotive, logistics, and energy is driving up the need for core networks that are flexible, have low latency, and can grow. The growing use of private LTE and 5G networks, along with the rise of IoT devices and high data usage, makes edge-enabled processing, network slicing, and good traffic management even more important. Container-based vEPC deployments, AI-driven orchestration, mobile edge computing, and hybrid cloud models that balance resilience and scalability are some of the most important trends in the market. There is still a lot of competition among global telecom vendors and cloud providers that work with big operators. At the same time, strict security and regulatory requirements continue to shape the market and long-term growth.
List of Key Companies Profiled
By End User
The Germany market dominated the Europe Virtualized Evolved Packet Core (vEPC) Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $1,695.5 million by 2032. The UK market is exhibiting a CAGR of 23.8% during (2025 - 2032). Additionally, The France market would experience a CAGR of 26.1% during (2025 - 2032). The Germany and UK led the Europe Virtualized Evolved Packet Core (vEPC) Market by Country with a market share of 18% and 15.1% in 2024. The Italy market is expected to witness a CAGR of 25.8% during throughout the forecast period.
The European vEPC market has grown thanks to strong government support, early spectrum harmonization, and being the first to set standards for network virtualization. The EU Digital Strategy and 5G Action Plan, along with ETSI's NFV frameworks, sped up the move from hardware-based EPC to virtualized and cloud-native architectures. Major operators put money into NFV, automation, and orchestration early on, which made core networks that could grow to handle more data traffic, IoT, and business use cases. OEM leadership made this change even stronger by providing carrier-grade, interoperable virtualized packet core platforms.
Cloud-native modernization, edge-centric deployments, and the rapid growth of private LTE and 5G networks in European industries are what define the market today. To provide low-latency and secure connectivity, operators are using containerized, microservices-based vEPC and moving core functions closer to businesses. In an open, standardized ecosystem, established OEMs, operators, and new vendors that focus on businesses all compete with each other. All of these changes make Europe one of the most advanced places in the world for businesses to adopt software-driven mobile core networks.
End User Outlook
Based on End User, the market is segmented into Telecom Operators, Enterprises & Industrial Applications, MVNE / MVNOs, Government & Public Safety, and Cloud Service Providers. Among various Germany Virtualized Evolved Packet Core (vEPC) Market by End User; The Telecom Operators market achieved a market size of USD $184.7 Million in 2024 and is expected to grow at a CAGR of 22.1 % during the forecast period. The Cloud Service Providers market is predicted to experience a CAGR of 27% throughout the forecast period from (2025 - 2032).
Application Outlook
Based on Application, the market is segmented into IoT and M2M, LTE/VoLTE/VoWiFi, 5G Standalone (SA) Core, 5G Non-Standalone (NSA) Core, Mobile Private Networks (MPN) and MVNO, and Broadband Wireless Access (BWA). The IoT and M2M market segment dominated the UK Virtualized Evolved Packet Core (vEPC) Market by Application is expected to grow at a CAGR of 22.2 % during the forecast period thereby continuing its dominance until 2032. Also, The Mobile Private Networks (MPN) and MVNO market is anticipated to grow as a CAGR of 25.5 % during the forecast period during (2025 - 2032).
Country Outlook
Germany's virtualized evolved packet core (vEPC) market is growing quickly because of efforts to modernize 5G networks across the country, improve digital infrastructure, and move away from old EPC systems and toward cloud-native, software-defined architectures. The country's focus on Industry 4.0 and digitalizing industries like manufacturing, automotive, logistics, and energy is driving up the need for core networks that are flexible, have low latency, and can grow. The growing use of private LTE and 5G networks, along with the rise of IoT devices and high data usage, makes edge-enabled processing, network slicing, and good traffic management even more important. Container-based vEPC deployments, AI-driven orchestration, mobile edge computing, and hybrid cloud models that balance resilience and scalability are some of the most important trends in the market. There is still a lot of competition among global telecom vendors and cloud providers that work with big operators. At the same time, strict security and regulatory requirements continue to shape the market and long-term growth.
List of Key Companies Profiled
- Nokia Corporation
- Ericsson AB
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- ZTE Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- NEC Corporation
- Tech Mahindra Limited
- Intel Corporation
- IBM Corporation
By End User
- Telecom Operators
- Enterprises & Industrial Applications
- MVNE / MVNOs
- Government & Public Safety
- Cloud Service Providers
- Cloud-based
- On-premise
- Hybrid
- IoT and M2M
- LTE/VoLTE/VoWiFi
- 5G Standalone (SA) Core
- 5G Non-Standalone (NSA) Core
- Mobile Private Networks (MPN) and MVNO
- Broadband Wireless Access (BWA)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
196 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Virtualized Evolved Packet Core (vEPC) Market, by End User
- 1.4.2 Europe Virtualized Evolved Packet Core (vEPC) Market, by Deployment Mode
- 1.4.3 Europe Virtualized Evolved Packet Core (vEPC) Market, by Application
- 1.4.4 Europe Virtualized Evolved Packet Core (vEPC) Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Market Trends – Europe Virtualized Evolved Packet Core (vEPC) Market
- Chapter 5. State of Competition – Europe Virtualized Evolved Packet Core (vEPC) Market
- Chapter 6. Value Chain Analysis of Virtualized Evolved Packet Core (vEPC) Market
- Chapter 7. Competition Analysis - Global
- 7.1 Market Share Analysis, 2024
- 7.2 Porter Five Forces Analysis
- Chapter 8. Product Life Cycle – Virtualized Evolved Packet Core (vEPC) Market
- Chapter 9. Market Consolidation – Virtualized Evolved Packet Core (vEPC) Market
- Chapter 10. Key Customer Criteria – Virtualized Evolved Packet Core (vEPC) Market
- Chapter 11. Europe Virtualized Evolved Packet Core (vEPC) Market by End User
- 11.1 Europe Telecom Operators Market by Country
- 11.2 Europe Enterprises & Industrial Applications Market by Country
- 11.3 Europe MVNE / MVNOs Market by Country
- 11.4 Europe Government & Public Safety Market by Country
- 11.5 Europe Cloud Service Providers Market by Country
- Chapter 12. Europe Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode
- 12.1 Europe Cloud-based Market by Country
- 12.2 Europe On-premise Market by Country
- 12.3 Europe Hybrid Market by Country
- Chapter 13. Europe Virtualized Evolved Packet Core (vEPC) Market by Application
- 13.1 Europe IoT and M2M Market by Country
- 13.2 Europe LTE/VoLTE/VoWiFi Market by Country
- 13.3 Europe 5G Standalone (SA) Core Market by Country
- 13.4 Europe 5G Non-Standalone (NSA) Core Market by Country
- 13.5 Europe Mobile Private Networks (MPN) and MVNO Market by Country
- 13.6 Europe Broadband Wireless Access (BWA) Market by Country
- Chapter 14. Europe Virtualized Evolved Packet Core (vEPC) Market by Country
- 14.1 Germany Virtualized Evolved Packet Core (vEPC) Market
- 14.1.1 Germany Virtualized Evolved Packet Core (vEPC) Market by End User
- 14.1.2 Germany Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode
- 14.1.3 Germany Virtualized Evolved Packet Core (vEPC) Market by Application
- 14.2 UK Virtualized Evolved Packet Core (vEPC) Market
- 14.2.1 UK Virtualized Evolved Packet Core (vEPC) Market by End User
- 14.2.2 UK Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode
- 14.2.3 UK Virtualized Evolved Packet Core (vEPC) Market by Application
- 14.3 France Virtualized Evolved Packet Core (vEPC) Market
- 14.3.1 France Virtualized Evolved Packet Core (vEPC) Market by End User
- 14.3.2 France Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode
- 14.3.3 France Virtualized Evolved Packet Core (vEPC) Market by Application
- 14.4 Russia Virtualized Evolved Packet Core (vEPC) Market
- 14.4.1 Russia Virtualized Evolved Packet Core (vEPC) Market by End User
- 14.4.2 Russia Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode
- 14.4.3 Russia Virtualized Evolved Packet Core (vEPC) Market by Application
- 14.5 Spain Virtualized Evolved Packet Core (vEPC) Market
- 14.5.1 Spain Virtualized Evolved Packet Core (vEPC) Market by End User
- 14.5.2 Spain Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode
- 14.5.3 Spain Virtualized Evolved Packet Core (vEPC) Market by Application
- 14.6 Italy Virtualized Evolved Packet Core (vEPC) Market
- 14.6.1 Italy Virtualized Evolved Packet Core (vEPC) Market by End User
- 14.6.2 Italy Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode
- 14.6.3 Italy Virtualized Evolved Packet Core (vEPC) Market by Application
- 14.7 Rest of Europe Virtualized Evolved Packet Core (vEPC) Market
- 14.7.1 Rest of Europe Virtualized Evolved Packet Core (vEPC) Market by End User
- 14.7.2 Rest of Europe Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode
- 14.7.3 Rest of Europe Virtualized Evolved Packet Core (vEPC) Market by Application
- Chapter 15. Company Profiles
- 15.1 Nokia Corporation
- 15.1.1 Company Overview
- 15.1.2 Financial Analysis
- 15.1.3 Segmental and Regional Analysis
- 15.1.4 Research & Development Expense
- 15.1.5 Recent strategies and developments:
- 15.1.5.1 Product Launches and Product Expansions:
- 15.1.6 SWOT Analysis
- 15.2 Ericsson AB
- 15.2.1 Company Overview
- 15.2.2 Financial Analysis
- 15.2.3 Segmental and Regional Analysis
- 15.2.4 Research & Development Expense
- 15.2.5 SWOT Analysis
- 15.3 Cisco Systems, Inc.
- 15.3.1 Company Overview
- 15.3.2 Financial Analysis
- 15.3.3 Regional Analysis
- 15.3.4 Research & Development Expense
- 15.3.5 SWOT Analysis
- 15.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 15.4.1 Company Overview
- 15.4.2 Financial Analysis
- 15.4.3 Segmental and Regional Analysis
- 15.4.4 Research & Development Expenses
- 15.4.5 SWOT Analysis
- 15.5 ZTE Corporation
- 15.5.1 Company Overview
- 15.5.2 Financial Analysis
- 15.5.3 Segmental and Regional Analysis
- 15.5.4 Research & Development Expenses
- 15.5.5 SWOT Analysis
- 15.6 Samsung Electronics Co., Ltd. (Samsung Group)
- 15.6.1 Company Overview
- 15.6.2 Financial Analysis
- 15.6.3 Segmental and Regional Analysis
- 15.6.4 Research & Development Expenses
- 15.6.5 SWOT Analysis
- 15.7 NEC Corporation
- 15.7.1 Company Overview
- 15.7.2 Financial Analysis
- 15.7.3 Segmental and Regional Analysis
- 15.7.4 Research & Development Expenses
- 15.7.5 SWOT Analysis
- 15.8 Tech Mahindra Limited
- 15.8.1 Company Overview
- 15.8.2 Financial Analysis
- 15.8.3 Segmental and Regional Analysis
- 15.8.4 Research & Development Expenses
- 15.8.5 SWOT Analysis
- 15.9 Intel Corporation
- 15.9.1 Company Overview
- 15.9.2 Financial Analysis
- 15.9.3 Segmental and Regional Analysis
- 15.9.4 Research & Development Expenses
- 15.9.5 Recent strategies and developments:
- 15.9.5.1 Partnerships, Collaborations, and Agreements:
- 15.9.6 SWOT Analysis
- 15.10. IBM Corporation
- 15.10.1 Company Overview
- 15.10.2 Financial Analysis
- 15.10.3 Regional & Segmental Analysis
- 15.10.4 Research & Development Expenses
- 15.10.5 SWOT Analysis
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