Virtualized Evolved Packet Core Market Analysis By Application (Telecom Operators, Enterprises, Cloud Service Providers), By Deployment Model (On-premises, Cloud-based), By Region - Forecast to 2032

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Market Snapshot

CAGR:6.69
2023
2032

Source: Market Expertz

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Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 6.69
Information & Technology-companies
Information & Technology-Snapshot

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Report Overview

The Virtualized Evolved Packet Core (vEPC) Market is poised for substantial growth, projected to achieve a CAGR of 5.82% between 2022 and 2032. This expansion is anticipated to result in a market size surge of USD 12,876.75 million. Multiple factors contribute to this surge, including the rapid adoption of 5G networks, increasing demand for efficient network management, and the evolving landscape of mobile communication technologies.

Virtualized Evolved Packet Core (vEPC) Market Overview:

Drivers:

One of the pivotal drivers propelling the vEPC market's growth is the escalating adoption of 5G networks. As communication networks advance, the need for flexible and scalable core network solutions becomes paramount. The virtualized evolved packet core provides the foundation for 5G networks, enabling enhanced network performance, low latency, and efficient resource allocation.

Furthermore, the vEPC technology offers operators the ability to dynamically allocate network resources based on demand, optimizing network utilization and ensuring a seamless user experience. With the proliferation of data-intensive applications and the Internet of Things (IoT), vEPC's adaptability and scalability are essential for managing network traffic efficiently.

Trends:

An integral trend shaping the vEPC market's trajectory is the convergence of network functions virtualization (NFV) and software-defined networking (SDN). This convergence facilitates the decoupling of network functions from dedicated hardware, allowing them to be executed as software instances on commodity servers. This approach not only enhances network flexibility and scalability but also accelerates the deployment of new services and functionalities.

Moreover, the growing demand for edge computing is driving the integration of vEPC with edge servers. Edge computing enables data processing closer to the source, reducing latency and enhancing real-time application performance. The amalgamation of vEPC and edge computing aligns with the requirements of latency-sensitive applications like autonomous vehicles, industrial automation, and augmented reality.

Restraints:

Among the key challenges impeding the vEPC market's growth is the complexity of network integration and management. Implementing virtualized core network functions requires seamless integration with existing infrastructure and legacy systems. This integration process can be intricate and time-consuming, leading to potential disruptions in network operations.

Moreover, ensuring the security and reliability of virtualized networks presents a challenge. The virtualized environment introduces new attack vectors and vulnerabilities that demand robust security measures. Additionally, maintaining high availability and minimizing network downtime during upgrades and migrations is a critical concern for operators.

Virtualized Evolved Packet Core (vEPC) Market Segmentation By Application: The vEPC's significance is particularly pronounced in the context of in-vehicle infotainment systems. With the rise of connected vehicles and the advent of smart transportation, in-vehicle infotainment systems require seamless connectivity, low latency, and reliable communication. vEPC provides the essential network infrastructure to support real-time data exchange, navigation services, entertainment content delivery, and vehicle-to-vehicle communication, enhancing the overall driving experience.

Additionally, the proliferation of IoT devices and smart city initiatives drives the demand for efficient communication between devices and centralized systems. vEPC's adaptability and scalability make it an ideal solution for managing the diverse communication requirements of IoT applications and smart city infrastructure.

Virtualized Evolved Packet Core (vEPC) Market Segmentation By Type: The vEPC market's growth is substantially influenced by the expansion of the LTE vEPC segment. As LTE networks continue to be prevalent globally, operators are transitioning to virtualized core network solutions to optimize resource allocation, streamline network management, and enhance service delivery. LTE vEPC solutions offer the benefits of rapid scalability, dynamic resource allocation, and efficient handling of high data traffic volumes.

Regional Overview:


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Asia-Pacific (APAC) is poised to play a pivotal role in driving the vEPC market's growth, contributing an estimated 48% to the global expansion during the forecast period. The presence of leading telecom infrastructure providers and technology giants, such as Huawei, Samsung, and NEC, positions the region as a hub for technological innovation and 5G adoption.

China's aggressive 5G deployment strategy and investments in network modernization further catalyze the vEPC market's growth in the APAC region. Moreover, the region's burgeoning population and the rapid proliferation of mobile devices and IoT applications drive the demand for efficient network solutions.

In conclusion, the Virtualized Evolved Packet Core (vEPC) Market is poised for robust expansion, driven by the increasing adoption of 5G networks, the convergence of NFV and SDN, and the demand for efficient communication solutions. While challenges in integration and security persist, advancements in virtualized network technologies are set to redefine the landscape of mobile communication and connectivity.

Virtualized Evolved Packet Core (vEPC) Market Customer Landscape: The vEPC market's customer landscape encompasses a spectrum ranging from early adopters to those cautiously assessing the technology's implementation. The report presents insights into adoption rates, penetration levels, and key drivers affecting purchasing decisions, aiding companies in formulating effective growth strategies aligned with market trends.

Major Virtualized Evolved Packet Core (vEPC) Market Companies: Industry players are actively pursuing strategic initiatives to consolidate their market presence, including mergers and acquisitions, partnerships, product launches, and geographic expansion.

Notable companies operating in the vEPC market include:

  • Ericsson AB
  • Nokia Corporation
  • Huawei Technologies Co. Ltd.
  • Cisco Systems Inc.
  • ZTE Corporation
  • NEC Corporation
  • Affirmed Networks Inc.
  • Mavenir Systems Inc.
  • Samsung Electronics Co. Ltd.
  • Athonet S.R.L.

These companies are steering the evolution of virtualized network technologies, catering to the demand for efficient and scalable network solutions in the era of 5G and beyond.

Segment Overview:

The vEPC market's forecast encompasses revenue growth at global, regional, and country levels, along with comprehensive trend analysis and growth opportunities spanning from 2019 to 2032.

Application Outlook (USD Million, 2019 - 2032):

  • In-vehicle Infotainment Systems
  • Smartphones and Wearables
  • Industrial IoT
  • Smart Cities
  • Others

Type Outlook (USD Million, 2019 - 2032):

  • LTE vEPC
  • 5G vEPC

Geography Outlook (USD Million, 2019 - 2032):

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa

TABLE OF CONTENTS: GLOBAL VIRTUALIZED EVOLVED PACKET CORE (VEPC) MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. VIRTUALIZED EVOLVED PACKET CORE (VEPC) MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Virtualized Evolved Packet Core (vEPC) Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

    4.5.1. Power Of Suppliers

    4.5.2. Power Of Buyers

    4.5.3. Threat Of Substitutes

    4.5.4. Threat Of New Entrants

    4.5.5. Competitive Rivalry

Chapter 5. VIRTUALIZED EVOLVED PACKET CORE (VEPC) MARKET BY Deployment Type INSIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2. Cloud

    5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3. On-Premises

    5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. VIRTUALIZED EVOLVED PACKET CORE (VEPC) MARKET BY End user INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2. Telecom Operators

    6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3. Enterprises

    6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. VIRTUALIZED EVOLVED PACKET CORE (VEPC) MARKET REGIONAL OUTLOOK

7.1. Virtualized Evolved Packet Core (vEPC) Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

    7.2.1. North America Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.2. North America Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.3. North America Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.4. North America Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

    7.2.5.1. U.S. Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.5.2. U.S. Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.5.3. U.S. Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.5.4. U.S. Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

    7.2.6.1. Canada Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.6.2. Canada Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.6.3. Canada Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.6.4. Canada Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

    7.3.1. Europe Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.2. Europe Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.3. Europe Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.4. Europe Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

    7.3.5.1. Germany Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.5.2. Germany Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.5.3. Germany Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.5.4. Germany Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

    7.3.6.1. France Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.6.2. France Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.6.3. France Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.6.4. France Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

    7.3.7.1. U.K. Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.7.2. U.K. Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.7.3. U.K. Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.7.4. U.K. Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

    7.4.1. Asia Pacific Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.2. Asia Pacific Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.3. Asia Pacific Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.4. Asia Pacific Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

 7.4.5. CHINA

     7.4.5.1. China Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.5.2. China Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.5.3. China Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.5.4. China Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

     7.4.6.1. India Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.6.2. India Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.6.3. India Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.6.4. India Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

     7.4.7.1. Japan Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.7.2. Japan Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.7.3. Japan Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.7.4. Japan Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

    7.4.8.1. Australia Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.8.2. Australia Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.8.3. Australia Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.8.4. Australia Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

    7.5.1. Mea Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.5.2. Mea Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.5.3. Mea Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.5.4. Mea Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

     7.6.1. Latin America Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.6.2. Latin America Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.6.3. Latin America Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.6.4. Latin America Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

    7.6.5. Latin America Virtualized Evolved Packet Core (vEPC) Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

    8.2.1. New Product Launches

    8.2.2. Investment & Expansion

    8.2.3. Acquisitions

    8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

     8.3.1. North American Suppliers

     8.3.2. European Suppliers

     8.3.3. Asia-Pacific Suppliers

     8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1. Affirmed Networks (US)

    9.1.1. Company Overview

    9.1.2. Financial Performance

    9.1.3. Product Insights

    9.1.4. Strategic Initiatives

9.2. Ericsson (Sweden)

    9.2.1. Company Overview

    9.2.2. Financial Performance

    9.2.3. Product Insights

    9.2.4. Strategic Initiatives

9.3. Huawei Technologies (China)

    9.3.1. Company Overview

    9.3.2. Financial Performance

    9.3.3. Product Insights

    9.3.4. Strategic Initiatives

9.4. Mavenir (US)

    9.4.1. Company Overview

    9.4.2. Financial Performance

    9.4.3. Product Insights

    9.4.4. Strategic Initiatives

9.5. ZTE Corporation (China)

    9.5.1. Company Overview

    9.5.2. Financial Performance

    9.5.3. Product Insights

    9.5.4. Strategic Initiatives

9.6. Athonet (Italy)

    9.6.1. Company Overview

    9.6.2. Financial Performance

    9.6.3. Product Insights

    9.6.4. Strategic Initiatives

9.7. Cisco Systems (US)

    9.7.1. Company Overview

    9.7.2. Financial Performance

    9.7.3. Product Insights

    9.7.4. Strategic Initiatives

9.8. NEC Corporation (Japan)

    9.8.1. Company Overview

    9.8.2. Financial Performance

    9.8.3. Product Insights

    9.8.4. Strategic Initiatives

9.9. Nokia Corporation (Finland)

    9.9.1. Company Overview

    9.9.2. Financial Performance

    9.9.3. Product Insights

    9.9.4. Strategic Initiatives

9.10. Samsung (South Korea)

    9.10.1. Company Overview

    9.10.2. Financial Performance

    9.10.3. Product Insights

    9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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