Press release
Virtualized Evolved Packet Core (vPEC) Market Growth Rising Due to Technological innovations: Market Analysis by Top Key Players Ericsson AB (Sweden), SAMSUNG (South Korea), ZTE Corporation (China), Mitel Networks Corporation (US)
Virtualized Evolved Packet Core (VPEC) Industry Outlook and Growth Analysis
Market analysis:
Virtualized Evolved Packet Core (VEPC) is one of the most advanced mobile-core network systems that is picking up footing in the telecommunication division. The persistently growing client base isn't really having a tremendous effect on the incomes for the part. In this manner, telecom organizations are searching for procedures that not just enable them to support coverage and capacity yet additionally diminish the general cost on activities. System administrators are progressively sending VEPC to advance their administration quality at a negligible expense. Progression in innovations, for example, 5G, IoT, and M2M, is likewise driving the adoption of VEPC. As these innovations keep on developing, they will make more noteworthy opportunities for advanced mobile-core network systems. The Global Virtualized Evolved Packet Core Market is expected to reach a valuation of 11,500 Mn and more in the year 2023.
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Major players
Ericsson AB (Sweden), SAMSUNG (South Korea), ZTE Corporation (China), Mitel Networks Corporation (US), Affirmed Networks (US), Athonet S.R.L.(Italy), Nokia Corporation (Finland), Cisco System Inc. (US), Huawei Technologies Co. Ltd. (China), NEC Corporation (Japan), among others are some of the major players in the Global Virtualized Evolved Packet Core Market.
Market segmentation
The Global Virtualized Evolved Packet Core Market has been segmented on the basis of its component, deployment, use cases, end-user, and regional demand. Based on its component, the market is classified into services and solutions. On the basis of its deployment, the market is bifurcated as on cloud and on premise. On the basis of its use cases, the market is categorized into Broadband Wireless Access (BWA), IoT & M2M, LTE & VoLTE, MNO & MVNO. On the basis of its end-user, the market is bifurcated as enterprises and telecom operator.
Regional analysis
Geographically, the Global Virtualized Evolved Packet Core Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
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