Virtualized Evolved Packet Core (VEPC) Market Research and Technological Advancements 2019
Harrisburg, NC -- (SBWire) -- 03/08/2019 --Global Virtualized Evolved Packet Core (vEPC) Market Size, Status and Forecast 2019-2025
Growing need for flexible and elastic networks, increasing smart phone penetration, rising number of LTE subscribers has increased the penetration and growth of virtual evolved packet core market globally. Increasing need for savings in capital expenditure (CapEx) and operational expenditure (OpEx), the adoption of virtual evolved packet core solution by enterprises is increasing. Growing consumer demand for high speed data networks for reliable connectivity and mobility has increased the demand for virtual evolved packet core solutions. The numerous advancements in networking industry such as 5G, LTE and VoLTE are expected to boost the demand for virtual evolved packet core solutions.
The Global Virtualized Evolved Packet Core (vEPC) market size is expected to grow from USD 968.9 Million in 2017 to USD 7,975.3 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 52.4% during the forecast period.
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Top Leading Companies are: Affirmed Networks,Ericsson,Huawei Technologies,Mavenir,ZTE,Cisco Systems,NEC,Nokia,Samsung,Athonet Srl,Core Network Dynamics,ExteNet Systems
Cloud segment continues to be the leading segment globally during the forecast period due to rising need to reduce the overall equipment costs. Furthermore, large number of enterprises are rapidly moving their data into cloud which has increased the growth of cloud segment across different regions of the world. Telecom operators are rapidly adopting virtual evolved packet core solutions in order to deliver faster customer service and improve collaboration with third-party software application vendors.
Solutions segment is expected to consistently dominate during the forecast period due to the increasing implementation of virtual evolved packet core solutions in order to cater the growing demand for high speed data networks. Services segment is projected to grow at highest CAGR of 36.4% over the forecast period from 2018 to 2026 as telecom operators are upgrading their existing virtual evolved packet core solutions to meet the changing demand of the end-customers. IoT and M2M segment is expected to grow at highest CAGR over the forecast period. Mobile operators are rapidly deploying vEPC in the IoT packet core network that enables operator to bring superior connectivity for M2M devices and explore new services for customers.
Contents of the 15 Chapters for This Virtualized Evolved Packet Core (vEPC) Market Study:-
Chapter 1, to describe Virtualized Evolved Packet Core (vEPC) Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Virtualized Evolved Packet Core (vEPC) , with sales, revenue, and price of Virtualized Evolved Packet Core (vEPC) , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Virtualized Evolved Packet Core (vEPC), for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Virtualized Evolved Packet Core (vEPC) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Virtualized Evolved Packet Core (vEPC) sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Virtualized Evolved Packet Core (vEPC) Market, by Type:
Cloud
On-premises
Virtualized Evolved Packet Core (vEPC) Market, by End User:
Telecom Operator
Enterprise
Under the use cases segment, the IoT and M2M services segment is expected to grow at the highest CAGR during the forecast period. vEPC has been rapidly deployed in the IoT packet core network by mobile operators. vEPC solution providers are preparing NFV solution for IoT cellular network. Deploying the vEPC solution in IoT core network, enables operator to bring superior connectivity for M2M devices and explore new services for customers. IoT and M2M will be the biggest opportunity for vEPC solution providers in the upcoming years owing to the increasing number of deployments done by telecom operators in the North American, APAC, and MEA regions.
North America accumulated highest revenue share in 2017 due to early adoption of 4G technology. With the rise in the usage of virtual evolved packet core, vEPC solutions and services providers in North America are collaborating with each other and focusing on offering various advanced technology solutions to the consumers. In July 2017, Mavenir Systems, Inc., a prominent provider of network transformation for Communication Service Providers (CSPs), acquired assets related with vEPC from Brocade Communications Systems, Inc., which is a storage area networking (SAN) and Internet protocol (IP) network solution provider. Furthermore, presence of telecom giants and various technological advancements are helping the North America market to generate significant revenues. The U.S. held highest market share in 2017 for North America and is estimated to grow at highest CAGR during the forecast period.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Virtualized Evolved Packet Core (vEPC) Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Virtualized Evolved Packet Core (vEPC) Market Carrier and assist manufacturers and investment organization to better grasp the development course of Virtualized Evolved Packet Core (vEPC) Market.
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Important attributes of the report:
The 360-degree Virtualized Evolved Packet Core (vEPC) overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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