Virtualized Evolved Packet Core Market by Component (Solution, Services), Application (LTE and VoLTE, IoT and M2M, MPN and MVNO), Deployment Mode (On-premise, Cloud), End User (Telecom, Enterprises, and Others) - Global Forecast to 2028
Description
Virtualized Evolved Packet Core Market by Component (Solution, Services), Application (LTE & VoLTE, IoT & M2M, MPN & MVNO), Deployment Mode (On-premise, Cloud), End User (Telecom, Enterprises, and Others)– Global Forecast to 2028
The research report titled “Virtualized Evolved Packet Core Market by Component (Solution, Services), Application (LTE & VoLTE, IoT & M2M, MPN & MVNO), Deployment Mode (On-premise, Cloud), End User (Telecom, Enterprises, and Others)– Global Forecast to 2028” provides in-depth analysis of virtualized evolved packet core market in five major geographies and emphasizes the current market trends, market size, market share, recent developments, and forecast until 2028. The global virtualized evolved packet core market is expected to reach $17.05 billion by 2028, growing at a CAGR of 23.4% during the forecast period of 2021 to 2028.
The growth of this market is mainly attributed to the rapid growth in network infrastructure, the increasing need to reduce operational expenditure (OPEX) and capital expenditure (CAPEX), increasing demand for broadband services over mobile networks, and significant growth in the mobile data traffic volumes are the key factors driving the growth of the virtualized evolved packet core market.
The study offers a comprehensive analysis of the global virtualized evolved packet core market with respect to component, application, end user, and geography. The global virtualized evolved packet core market is segmented based on component (solutions and services), application (LTE, VoLTE, IoT & M2M, and MPN & MVNO), deployment mode (on-premise and cloud), end user (telecom, enterprises, and others). The study also evaluates industry competitors and analyses the market at a country level.
Based on component, the services segment is expected to record the fastest growth over the forecast period. The growth of this segment is mainly driven by the rising need to improve business processes, optimize the enterprise’s network, and growing adoption of integrated networking services. Also, the wide adoption of vEPC services across telecom operators, resulting in the growing demand for consulting services, training & support services, and integration services expected to record the fastest growth over the forecast period.
Based on end user, in 2021, the telecom sector commanded the largest share of the virtualized evolved packet core market. The increasing need to reduce operational expenditure (OPEX) and capital expenditure (CAPEX), increasing demand for broadband services over mobile networks, and rising demand for commercialization of 5G networks are the factors driving the growth of the telecom segment.
Geographically, the virtualized evolved packet core market is segmented into five major geographies: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2021, North America commanded the largest share of the virtualized evolved packet core market. However, the Asia-Pacific region is expected to witness rapid growth during the forecast period. The rapid growth of this region is mainly driven by the increasing adoption of advanced technologies across a wide range of industries in countries such as China, Japan, and India to counter the rising labor costs; supporting government initiatives across the region; and investments by major virtualized evolved packet core companies.
The key players operating in the global virtualized evolved packet core market are ZTE Corporation (China), Cisco Systems, Inc. (U.S.), Telefonaktiebolaget LM Ericsson SE (Sweden), Affirmed Networks, Inc. (U.S.), Mavenir Systems, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), Samsung Electronics Co, Ltd. (South Korea), Tecore Inc. (U.S.), Nokia Corporation (Finland), Parallel Wireless, Inc. (U.S.), F5 Networks, Inc. (U.S.), NEC Corporation (Japan), IPLOOK Technologies Co Ltd (China), Polaris Networks (U.S.), Athonet SRL (Italy), LEMKO Corporation (U.S.), Metaswitch Networks (U.K.), and Intel Corporation (U.S.).
Key questions answered in the report
Which are the high-growth market segments in terms of the component, application, deployment mode, end user, and countries?
What is the historical market for virtualized evolved packet core across the globe?
What are the market forecasts and estimates from the period of 2019-2028?
What are the major drivers, restraints, and opportunities in the global virtualized evolved packet core market?
Who are the major players in the global virtualized evolved packet core market, and what market share do they hold?
Who are the major players in various countries and what share of the market do they hold?
How is the competitive landscape?
What are the recent developments in the global virtualized evolved packet core market?
What are the different strategies adopted by the major players in the global virtualized evolved packet core market?
What are the geographical trends and high growth countries?
Who are the local emerging players in the global virtualized evolved packet core market and how do they compete with the other players?
Scope of the Report
Virtualized Evolved Packet Core Market, by Component
Solution
Mobility Management Entity (MME)
Home Subscriber Server (HSS)
Serving Gateway (SGW)
Packet Data Network Gateway (PDNGW)
Policy and Changing Rule Function
Services
Professional Services
Consulting services
System Integration Services
Training and Support Services
Managed Services
Virtualized Evolved Packet Core Market, by Application
MPN and MVNO
IoT and M2M
LTE and VoLTE
Virtualized Evolved Packet Core Market, by Deployment Mode
On-premise
Cloud
Virtualized Evolved Packet Core Market, by End User
Telecoms
Enterprises
Financial Services
Travel & Consumers
IT & Software
Media & Entertainment
Healthcare
Other Enterprises
Other End Users
Virtualized Evolved Packet Core Market, by Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Netherland
Norway
Sweden
Rest of Europe
Asia-Pacific
China
South Korea
Japan
India
Malaysia
Singapore
Australia and New Zealand
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
The Middle East and Africa
Saudi Arabia
UAE
Israel
Rest of MEA
The research report titled “Virtualized Evolved Packet Core Market by Component (Solution, Services), Application (LTE & VoLTE, IoT & M2M, MPN & MVNO), Deployment Mode (On-premise, Cloud), End User (Telecom, Enterprises, and Others)– Global Forecast to 2028” provides in-depth analysis of virtualized evolved packet core market in five major geographies and emphasizes the current market trends, market size, market share, recent developments, and forecast until 2028. The global virtualized evolved packet core market is expected to reach $17.05 billion by 2028, growing at a CAGR of 23.4% during the forecast period of 2021 to 2028.
The growth of this market is mainly attributed to the rapid growth in network infrastructure, the increasing need to reduce operational expenditure (OPEX) and capital expenditure (CAPEX), increasing demand for broadband services over mobile networks, and significant growth in the mobile data traffic volumes are the key factors driving the growth of the virtualized evolved packet core market.
The study offers a comprehensive analysis of the global virtualized evolved packet core market with respect to component, application, end user, and geography. The global virtualized evolved packet core market is segmented based on component (solutions and services), application (LTE, VoLTE, IoT & M2M, and MPN & MVNO), deployment mode (on-premise and cloud), end user (telecom, enterprises, and others). The study also evaluates industry competitors and analyses the market at a country level.
Based on component, the services segment is expected to record the fastest growth over the forecast period. The growth of this segment is mainly driven by the rising need to improve business processes, optimize the enterprise’s network, and growing adoption of integrated networking services. Also, the wide adoption of vEPC services across telecom operators, resulting in the growing demand for consulting services, training & support services, and integration services expected to record the fastest growth over the forecast period.
Based on end user, in 2021, the telecom sector commanded the largest share of the virtualized evolved packet core market. The increasing need to reduce operational expenditure (OPEX) and capital expenditure (CAPEX), increasing demand for broadband services over mobile networks, and rising demand for commercialization of 5G networks are the factors driving the growth of the telecom segment.
Geographically, the virtualized evolved packet core market is segmented into five major geographies: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2021, North America commanded the largest share of the virtualized evolved packet core market. However, the Asia-Pacific region is expected to witness rapid growth during the forecast period. The rapid growth of this region is mainly driven by the increasing adoption of advanced technologies across a wide range of industries in countries such as China, Japan, and India to counter the rising labor costs; supporting government initiatives across the region; and investments by major virtualized evolved packet core companies.
The key players operating in the global virtualized evolved packet core market are ZTE Corporation (China), Cisco Systems, Inc. (U.S.), Telefonaktiebolaget LM Ericsson SE (Sweden), Affirmed Networks, Inc. (U.S.), Mavenir Systems, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), Samsung Electronics Co, Ltd. (South Korea), Tecore Inc. (U.S.), Nokia Corporation (Finland), Parallel Wireless, Inc. (U.S.), F5 Networks, Inc. (U.S.), NEC Corporation (Japan), IPLOOK Technologies Co Ltd (China), Polaris Networks (U.S.), Athonet SRL (Italy), LEMKO Corporation (U.S.), Metaswitch Networks (U.K.), and Intel Corporation (U.S.).
Key questions answered in the report
Which are the high-growth market segments in terms of the component, application, deployment mode, end user, and countries?
What is the historical market for virtualized evolved packet core across the globe?
What are the market forecasts and estimates from the period of 2019-2028?
What are the major drivers, restraints, and opportunities in the global virtualized evolved packet core market?
Who are the major players in the global virtualized evolved packet core market, and what market share do they hold?
Who are the major players in various countries and what share of the market do they hold?
How is the competitive landscape?
What are the recent developments in the global virtualized evolved packet core market?
What are the different strategies adopted by the major players in the global virtualized evolved packet core market?
What are the geographical trends and high growth countries?
Who are the local emerging players in the global virtualized evolved packet core market and how do they compete with the other players?
Scope of the Report
Virtualized Evolved Packet Core Market, by Component
Solution
Mobility Management Entity (MME)
Home Subscriber Server (HSS)
Serving Gateway (SGW)
Packet Data Network Gateway (PDNGW)
Policy and Changing Rule Function
Services
Professional Services
Consulting services
System Integration Services
Training and Support Services
Managed Services
Virtualized Evolved Packet Core Market, by Application
MPN and MVNO
IoT and M2M
LTE and VoLTE
Virtualized Evolved Packet Core Market, by Deployment Mode
On-premise
Cloud
Virtualized Evolved Packet Core Market, by End User
Telecoms
Enterprises
Financial Services
Travel & Consumers
IT & Software
Media & Entertainment
Healthcare
Other Enterprises
Other End Users
Virtualized Evolved Packet Core Market, by Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Netherland
Norway
Sweden
Rest of Europe
Asia-Pacific
China
South Korea
Japan
India
Malaysia
Singapore
Australia and New Zealand
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
The Middle East and Africa
Saudi Arabia
UAE
Israel
Rest of MEA
Table of Contents
269 Pages
- 1. Introduction
- 1.1. Market Definition
- 1.2. Market Ecosystem
- 1.3. Currency and Limitations
- 1.3.1. Currency
- 1.3.2. Limitations
- 1.4. Key Stakeholders
- 2. Research Methodology
- 2.1. Research Approach
- 2.2. Data Collection & Validation
- 2.2.1. Secondary Research
- 2.2.2. Primary Research
- 2.3. Market Assessment
- 2.3.1. Market Size Estimation
- 2.3.2. Bottom-Up Approach
- 2.3.3. Top-Down Approach
- 2.3.4. Growth Forecast
- 2.4. Assumptions for the Study
- 3. Executive Summary
- 3.1. Market Analysis, by Component
- 3.2. Market Analysis, by Application
- 3.3. Market Analysis, by Deployment
- 3.4. Market Analysis, by End User
- 3.5. Market Analysis, by Geography
- 3.6. Competitive Analysis
- 4. Impact of Covid-19 On the vEPC Market
- 5. Market Insights
- 5.1. Introduction
- 5.2. Market Dynamics
- 5.2.1. Drivers
- 5.2.1.1. Significant Growth in Mobile Data Traffic Volumes
- 5.2.1.2. Rising Demand for High-Speed Data Services
- 5.2.2. Restraints
- 5.2.2.1. Data Security Risks Associated with Virtualized Evolved Packet Core Infrastructure
- 5.2.3. Opportunities
- 5.2.3.1. Growing Investments in 5G Technology
- 5.2.3.2. Rising Adoption of Cloud-Native 5G Core Solutions
- 5.2.3.3. Mobile Network Operators’ Increasing Contribution to the Growth of the IoT Market
- 5.2.4. Challenges
- 5.2.4.1. Reliability of Virtualized Evolved Packet Core (vEPC) Solutions
- 5.2.4.2. Misconceptions and a Lack of Knowledge Regarding vEPC Solutions
- 5.2.5. Trends
- 5.2.5.1. Integration of Edge Computing with Virtualized Evolved Packet Core Technology
- 5.3. Case Studies
- 5.3.1. Existing Case Studies
- 5.3.1.1. Case Study-A
- 5.3.1.2. Case Study-B
- 5.3.1.3. Case Study-C
- 5.3.2. Future Application Projects
- 5.3.2.1. Project-A
- 5.3.2.2. Project -B
- 5.4. The Virtualized Evolved Packet Core Ecosystem
- 5.4.1. Components of the Virtualized Evolved Packet Core Ecosystem:
- 5.5. Swot Analysis
- 5.5.1. Nokia Corporation (Finland)
- 5.5.2. Samsung Electronics Co., Ltd. (South Korea)
- 5.5.3. Telefonaktiebolaget Lm Ericsson Se (Sweden)
- 5.5.4. Cisco Systems, Inc. (U.S.)
- 5.5.5. Affirmed Networks, Inc. (U.S.)
- 6. Global Virtualized Evolved Packet Core (vEPC) Market, by Component
- 6.1. Introduction
- 6.2. Solutions
- 6.2.1. Mobility Management Entity
- 6.2.2. Home Subscriber Server
- 6.2.3. Serving Gateway
- 6.2.4. Packet Data Network Gateway
- 6.2.5. Policy and Charging Rules Function
- 6.3. Services
- 6.3.1. Professional Services
- 6.3.1.1. Integration Services
- 6.3.1.2. Consulting Services
- 6.3.1.3. Training and Maintenance Services
- 6.4. Managed Services
- 7. Global Virtualized Evolved Packet Core (vEPC) Market, by Application
- 7.1. Introduction
- 7.2. MPN & MVNO
- 7.3. LTE & Volte
- 7.4. IoT & M2M
- 8. Global Virtualized Evolved Packet Core (vEPC) Market, by Deployment Mode
- 8.1. Introduction
- 8.2. On-Premise Deployments
- 8.3. Cloud Deployments
- 9. Global Virtualized Evolved Packet Core Market, by End User
- 9.1. Introduction
- 9.2. Telecom Operators
- 9.3. Enterprises
- 9.3.1. Financial Services
- 9.3.2. Information Technology
- 9.3.3. Travel & Consumer
- 9.3.4. Media & Entertainment
- 9.3.5. Healthcare
- 9.3.6. Other Enterprises (Retail, Agriculture, Etc.)
- 9.4. Other End Users (Services Providers and Data Centers)
- 10. Virtualized Evolved Packet Core Market, by Geography
- 10.1. Introduction
- 10.2. North America
- 10.2.1. U.S.
- 10.2.2. Canada
- 10.3. Europe
- 10.3.1. U.K.
- 10.3.2. Germany
- 10.3.3. France
- 10.3.4. Italy
- 10.3.5. Spain
- 10.3.6. Netherlands
- 10.3.7. Norway
- 10.3.8. Sweden
- 10.3.9. Rest of Europe
- 10.4. Asia-Pacific
- 10.4.1. China
- 10.4.2. Japan
- 10.4.3. South Korea
- 10.4.4. India
- 10.4.5. Malaysia
- 10.4.6. Singapore
- 10.4.7. Australia & New Zealand
- 10.4.8. Rest of Asia-Pacific
- 10.5. Latin America
- 10.5.1. Mexico
- 10.5.2. Brazil
- 10.5.3. Rest of Latin America
- 10.6. Middle East & Africa
- 10.6.1. Saudi Arabia
- 10.6.2. UAE
- 10.6.3. Israel
- 10.6.4. Rest of the Middle East & Africa
- 11. Competitive Landscape
- 11.1. Introduction
- 11.2. Key Growth Strategies
- 11.2.1. Market Differentiators
- 11.2.2. Synergy Analysis: Major Deals & Strategic Alliances
- 11.3. Competitive Dashboard
- 11.3.1. Industry Leaders
- 11.3.2. Market Differentiator
- 11.3.3. Vanguards
- 11.3.4. Contemporary Stalwarts
- 11.4. Vendor Market Positioning
- 11.5. Market Share Analysis
- 12. Company Profiles (Business Overview, Product Portfolio, Strategic Developments)
- 12.1. Cisco Systems, Inc.
- 12.2. Telefonaktiebolaget Lm Ericsson SE
- 12.3. Huawei Technologies Co., Ltd.
- 12.4. Samsung Electronics Co., Ltd.
- 12.5. Nokia Corporation
- 12.6. Affirmed Networks, Inc. (A Part of Microsoft Corporation)
- 12.7. Mavenir Systems, Inc.
- 12.8. ZTE Corporation
- 12.9. F5 Networks, Inc.
- 12.10. NEC Corporation
- 12.11. IPLOOK Technologies Co., Ltd
- 12.12. Parallel Wireless, Inc.
- 12.13. Polaris Networks
- 12.14. Athonet SRL
- 12.15. Intel Corporation
- 12.16. Tecore, Inc.
- 12.17. Lemko Corporation
- 12.18. Metaswitch Networks (A Part of Microsoft Corporation)
- 13. Appendix
- 13.1. Questionnaire
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