EPC Market Size, Share, and Outlook, 2025 Report- By Type (Policy and Charging Rules Function (PCRF), Packet Data Node Gateway (PGW), Mobility Management Entity (MME)), By Application (Government, Manufacture, School, Others), 2018-2032
Description
EPC Market Outlook
EPC Market Size is forecast to reach $1358.9 Billion in 2032 from $923.6 Billion in 2025, at an optimistic growth rate of 5.6% from 2025 to 2032. The robust EPC Market growth presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on EPC Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Policy and Charging Rules Function (PCRF), Packet Data Node Gateway (PGW), Mobility Management Entity (MME)), By Application (Government, Manufacture, School, Others). Over 70 tables and charts showcase findings from our latest survey report on EPC Markets.
EPC Market Insights, 2025: EPC (Engineering, Procurement, and Construction): Key Drivers and Opportunities
The EPC market, which involves the design, procurement, and construction of complex infrastructure and industrial projects, is experiencing strong growth due to the increasing demand for large-scale infrastructure development. Key drivers for this growth include the global urbanization trend, which is leading to a rise in demand for residential, commercial, and industrial infrastructure. Additionally, the growing focus on renewable energy projects, such as wind, solar, and hydroelectric power plants, is boosting demand for EPC services in the energy sector. As governments and private entities increasingly invest in infrastructure to support economic growth, the EPC market is poised for significant expansion.
Opportunities in the EPC market are closely tied to the growing need for sustainable infrastructure. The shift toward green construction practices and renewable energy sources is driving demand for EPC contractors with expertise in sustainable design and energy-efficient technologies. The rise of smart cities, where advanced technologies are integrated into urban infrastructure, also presents significant opportunities for EPC firms. Additionally, the increasing trend of public-private partnerships (PPPs) in infrastructure projects is opening new avenues for EPC companies to participate in large-scale projects. As global demand for infrastructure continues to grow, EPC companies will be able to capitalize on their expertise to deliver complex, high-value projects.
Five Trends that will define global EPC Market in 2025 and Beyond
A closer look at the multi-million global market for EPC Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading EPC Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.
What are the biggest opportunities for growth in the EPC Industry?
The EPC Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.
EPC Market Segment Insights
The EPC Industry presents strong offers across categories. The analytical report offers forecasts of EPC Industry performance across segments and countries. Key segments in the industry include- By Type (Policy and Charging Rules Function (PCRF), Packet Data Node Gateway (PGW), Mobility Management Entity (MME)), By Application (Government, Manufacture, School, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, EPC Market size outlook is provided for 22 countries across these regions.
EPC Industry Value Chain
The chapter identifies potential companies and their operations across the global EPC Industry ecosystem. It assists decision-makers in evaluating global EPC Market fundamentals, market dynamics, and disruptive trends across the value chain segments.
Scenario Analysis and Forecasts
Strategic decision-making in the EPC Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.
Asia Pacific EPC Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.
The State of Europe EPC Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for EPC Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key EPC Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.
The US EPC Market Insights- Executives are most excited about opportunities for the US EPC Industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US EPC Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American EPC Market.
Latin American EPC Market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.
Middle East and Africa EPC Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African EPC Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern EPC Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.
Competitive Landscape- How EPC Companies outcompete in 2025 and Beyond?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include ADVA Optical Networking SE, Alcatel-Lucent S.A., Axxcelera Broadband Wireless Inc, Cisco Systems Inc, ECI Telecom Ltd, Fujitsu Ltd, Huawei Technologies Co. Ltd, Nokia Solutions and Networks, Telefonaktiebolaget LM Ericsson, ZTE Corp.
EPC Market Scope and Segmentation
By Type
Policy and Charging Rules Function (PCRF)
Packet Data Node Gateway (PGW)
Mobility Management Entity (MME)
By Application
Government
Manufacture
School
Others
Countries Included-
North America- US, Canada, Mexico
Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe
Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC
South and Central America- Brazil, Argentina, Chile, Rest of SCA
Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa
Companies Included in the EPC Market Research-
ADVA Optical Networking SE
Alcatel-Lucent S.A.
Axxcelera Broadband Wireless Inc
Cisco Systems Inc
ECI Telecom Ltd
Fujitsu Ltd
Huawei Technologies Co. Ltd
Nokia Solutions and Networks
Telefonaktiebolaget LM Ericsson
ZTE Corp
Reasons to Buy the report
EPC Market Size is forecast to reach $1358.9 Billion in 2032 from $923.6 Billion in 2025, at an optimistic growth rate of 5.6% from 2025 to 2032. The robust EPC Market growth presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on EPC Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Policy and Charging Rules Function (PCRF), Packet Data Node Gateway (PGW), Mobility Management Entity (MME)), By Application (Government, Manufacture, School, Others). Over 70 tables and charts showcase findings from our latest survey report on EPC Markets.
EPC Market Insights, 2025: EPC (Engineering, Procurement, and Construction): Key Drivers and Opportunities
The EPC market, which involves the design, procurement, and construction of complex infrastructure and industrial projects, is experiencing strong growth due to the increasing demand for large-scale infrastructure development. Key drivers for this growth include the global urbanization trend, which is leading to a rise in demand for residential, commercial, and industrial infrastructure. Additionally, the growing focus on renewable energy projects, such as wind, solar, and hydroelectric power plants, is boosting demand for EPC services in the energy sector. As governments and private entities increasingly invest in infrastructure to support economic growth, the EPC market is poised for significant expansion.
Opportunities in the EPC market are closely tied to the growing need for sustainable infrastructure. The shift toward green construction practices and renewable energy sources is driving demand for EPC contractors with expertise in sustainable design and energy-efficient technologies. The rise of smart cities, where advanced technologies are integrated into urban infrastructure, also presents significant opportunities for EPC firms. Additionally, the increasing trend of public-private partnerships (PPPs) in infrastructure projects is opening new avenues for EPC companies to participate in large-scale projects. As global demand for infrastructure continues to grow, EPC companies will be able to capitalize on their expertise to deliver complex, high-value projects.
Five Trends that will define global EPC Market in 2025 and Beyond
A closer look at the multi-million global market for EPC Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading EPC Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.
What are the biggest opportunities for growth in the EPC Industry?
The EPC Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.
EPC Market Segment Insights
The EPC Industry presents strong offers across categories. The analytical report offers forecasts of EPC Industry performance across segments and countries. Key segments in the industry include- By Type (Policy and Charging Rules Function (PCRF), Packet Data Node Gateway (PGW), Mobility Management Entity (MME)), By Application (Government, Manufacture, School, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, EPC Market size outlook is provided for 22 countries across these regions.
EPC Industry Value Chain
The chapter identifies potential companies and their operations across the global EPC Industry ecosystem. It assists decision-makers in evaluating global EPC Market fundamentals, market dynamics, and disruptive trends across the value chain segments.
Scenario Analysis and Forecasts
Strategic decision-making in the EPC Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.
Asia Pacific EPC Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.
The State of Europe EPC Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for EPC Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key EPC Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.
The US EPC Market Insights- Executives are most excited about opportunities for the US EPC Industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US EPC Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American EPC Market.
Latin American EPC Market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.
Middle East and Africa EPC Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African EPC Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern EPC Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.
Competitive Landscape- How EPC Companies outcompete in 2025 and Beyond?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include ADVA Optical Networking SE, Alcatel-Lucent S.A., Axxcelera Broadband Wireless Inc, Cisco Systems Inc, ECI Telecom Ltd, Fujitsu Ltd, Huawei Technologies Co. Ltd, Nokia Solutions and Networks, Telefonaktiebolaget LM Ericsson, ZTE Corp.
EPC Market Scope and Segmentation
By Type
Policy and Charging Rules Function (PCRF)
Packet Data Node Gateway (PGW)
Mobility Management Entity (MME)
By Application
Government
Manufacture
School
Others
Countries Included-
North America- US, Canada, Mexico
Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe
Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC
South and Central America- Brazil, Argentina, Chile, Rest of SCA
Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa
Companies Included in the EPC Market Research-
ADVA Optical Networking SE
Alcatel-Lucent S.A.
Axxcelera Broadband Wireless Inc
Cisco Systems Inc
ECI Telecom Ltd
Fujitsu Ltd
Huawei Technologies Co. Ltd
Nokia Solutions and Networks
Telefonaktiebolaget LM Ericsson
ZTE Corp
Reasons to Buy the report
- Make informed decisions through long and short-term forecasts across 22 countries and segments.
- Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
- Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
- Get an integrated understanding of the entire market ecosystem and companies.
- Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
- Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
- Get free Excel spreadsheet and PPT versions along with the report PDF.
Table of Contents
196 Pages
- 1. Table of Contents
- List of Figures and Tables
- 2. Executive Summary
- 2.1 Key Highlights
- 2.1.1 EPC Market Size Outlook, 2018-2024 and 2025-2032
- 2.1.2 Largest EPC Market Types and Applications
- 2.1.3 Fastest Growing Segments
- 2.1.4 Potential Markets
- 2.1.5 Market Concentration
- 2.2 Market Scope and Segmentation
- 2.2.1 Market Scope- Segments
- 2.2.2 Market Scope- Countries
- 2.2.3 Macroeconomic and Demographic Outlook
- 2.2.4 Abbreviations
- 2.2.5 Units and Currency Conversions
- 3. Research Methodology
- 3.1 Primary Research Surveys
- 3.2 Secondary Data Sources
- 3.3 Data Triangulation
- 3.4 Forecast Methodology
- 3.5 Assumptions and Limitations
- 4. Introduction to Global EPC Market in 2025
- 4.1 Industry Panorama
- 4.2 Leading Companies Profiled in the Study
- 4.3 Asia Pacific Markets offer Robust Market Prospects for New Entrants
- 4.4 Market Dynamics
- 4.4.1 Market Dynamics- Trends and Drivers
- 4.4.2 Market Dynamics- Opportunities and Challenges
- 4.5 Regional Analysis
- 4.6 Porter’s Five Force Analysis
- 4.6.1 Intensity of Competitive Rivalry
- 4.6.2 Threat of New Entrants
- 4.6.3 Threat of Substitutes
- 4.6.4 Bargaining Power of Buyers
- 4.6.5 Bargaining Power of Suppliers
- 4.7 EPC Industry Value Chain Analysis
- 4.7.1 Stage of Value Chain
- 4.7.2 Key Activities of Companies
- 4.7.3 Companies Included in Each Stage
- 4.7.4 Key Insights
- 5. EPC Market Outlook to 2032
- 5.1 Market Size Forecast by Type, 2021-2024 and 2025-2032
- 5.2 Market Size Forecast by Application, 2021-2024 and 2024-2032
- 5.3 Market Size Forecast by Geography, 2021-2024 and 2024-2032 By Type
- Policy and Charging Rules Function (PCRF)
- Packet Data Node Gateway (PGW)
- Mobility Management Entity (MME) By Application
- Government
- Manufacture
- School
- Others
- 6. Global EPC Market Outlook across Growth Scenarios
- 6.1 Low Growth Scenario
- 6.2 Base/Reference Case
- 6.3 High Growth Scenario
- 6. North America EPC Market Size Outlook
- 6.1 Key Market Statistics, 2024
- 6.2 North America EPC Market Trends and Growth Opportunities
- 6.2.1 North America EPC Market Outlook by Type
- 6.2.2 North America EPC Market Outlook by Application
- 6.3 North America EPC Market Outlook by Country
- 6.3.1 The US EPC Market Outlook, 2021- 2032
- 6.3.2 Canada EPC Market Outlook, 2021- 2032
- 6.3.3 Mexico EPC Market Outlook, 2021- 2032
- 7. Europe EPC Market Size Outlook
- 7.1 Key Market Statistics, 2024
- 7.2 Europe EPC Market Trends and Growth Opportunities
- 7.2.1 Europe EPC Market Outlook by Type
- 7.2.2 Europe EPC Market Outlook by Application
- 7.3 Europe EPC Market Outlook by Country
- 7.3.2 Germany EPC Market Outlook, 2021- 2032
- 7.3.3 France EPC Market Outlook, 2021- 2032
- 7.3.4 The UK EPC Market Outlook, 2021- 2032
- 7.3.5 Spain EPC Market Outlook, 2021- 2032
- 7.3.6 Italy EPC Market Outlook, 2021- 2032
- 7.3.7 Russia EPC Market Outlook, 2021- 2032
- 7.3.8 Rest of Europe EPC Market Outlook, 2021- 2032
- 8. Asia Pacific EPC Market Size Outlook
- 8.1 Key Market Statistics, 2024
- 8.2 Asia Pacific EPC Market Trends and Growth Opportunities
- 8.2.1 Asia Pacific EPC Market Outlook by Type
- 8.2.2 Asia Pacific EPC Market Outlook by Application
- 8.3 Asia Pacific EPC Market Outlook by Country
- 8.3.1 China EPC Market Outlook, 2021- 2032
- 8.3.2 India EPC Market Outlook, 2021- 2032
- 8.3.3 Japan EPC Market Outlook, 2021- 2032
- 8.3.4 South Korea EPC Market Outlook, 2021- 2032
- 8.3.5 Australia EPC Market Outlook, 2021- 2032
- 8.3.6 South East Asia EPC Market Outlook, 2021- 2032
- 8.3.7 Rest of Asia Pacific EPC Market Outlook, 2021- 2032
- 9. South America EPC Market Size Outlook
- 9.1 Key Market Statistics, 2024
- 9.2 South America EPC Market Trends and Growth Opportunities
- 9.2.1 South America EPC Market Outlook by Type
- 9.2.2 South America EPC Market Outlook by Application
- 9.3 South America EPC Market Outlook by Country
- 9.3.1 Brazil EPC Market Outlook, 2021- 2032
- 9.3.2 Argentina EPC Market Outlook, 2021- 2032
- 9.3.3 Rest of South and Central America EPC Market Outlook, 2021- 2032
- 10. Middle East and Africa EPC Market Size Outlook
- 10.1 Key Market Statistics, 2024
- 10.2 Middle East and Africa EPC Market Trends and Growth Opportunities
- 10.2.1 Middle East and Africa EPC Market Outlook by Type
- 10.2.2 Middle East and Africa EPC Market Outlook by Application
- 10.3 Middle East and Africa EPC Market Outlook by Country
- 10.3.1 Saudi Arabia EPC Market Outlook, 2021- 2032
- 10.3.2 The UAE EPC Market Outlook, 2021- 2032
- 10.3.3 Rest of Middle East EPC Market Outlook, 2021- 2032
- 10.3.4 South Africa EPC Market Outlook, 2021- 2032
- 10.3.5 Egypt EPC Market Outlook, 2021- 2032
- 10.3.6 Rest of Africa EPC Market Outlook, 2021- 2032
- 11. Company Profiles
- 11.1 Leading 10 Companies
- ADVA Optical Networking SE
- Alcatel-Lucent S.A.
- Axxcelera Broadband Wireless Inc
- Cisco Systems Inc
- ECI Telecom Ltd
- Fujitsu Ltd
- Huawei Technologies Co. Ltd
- Nokia Solutions and Networks
- Telefonaktiebolaget LM Ericsson
- ZTE Corp
- 11.2 Overview
- 11.3 Products and Services
- 11.4 SWOT Profile
- 12. Appendix
- 12.1 Subscription Options
- 12.2 Customization Options
- 12.3 Publisher Details
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