Virtualized Evolved Packet Core Market Deployment Type (Cloud and On Premise), Demand, Segmentation, Recent Trends, Strategies, Demand, Top Players and Business Outlook To Global Opportunity Analysis and Industry Forecast, 2021–2027

A Virtual Evolved Packet Core (vEPC) is a framework for mobile network voice and data processing and switching that is implemented by Network Functions Virtualization (NFV), which virtualizes functions of an Evolved Packet Core (EPC). The vEPC framework has been in use for 4G LTE mobile networks and would also form a key part of upcoming 5G network architecture. By vEPC functionality, mobile providers can theoretically customize networks to meet unique requirements of individual customers, bymixing and matching individual network components as needed.

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Rise in number of LTE subscribers, ongoing development of 5G infrastructure, growth inneed toprovide better customer service, and rise in focus on measuringservice quality and performance drives growth of this vrtualized evolved packet core market. However, reluctance in transiting from legacy infrastructure to virtualization and competition with traditional infrastructure act as a hindrance to growth of this market. Furthermore, rise in penetration of Internet of things (IoT) and machine to machine communication devices provides numerous opportunities for the vrtualized evolved packet core market.One of the major challengesthat organizations currently face is transition from legacy infrastructure or traditional infrastructure to switch over virtualization. Most organizations still lack awareness and resources to shift toward virtualization, which acts as a restrain for the market growth. In addition, shift toward virtualization requires a significant amount of cost, which is expected to act as a restraint for the vrtualized evolved packet core market.

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Key benefits of the report:

This study presents the analytical depiction of the global virtualized evolved packet core marketalong with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis ofglobal virtualized evolved packet core market share.
The current market is quantitatively analyzed from 2019 to 2027 to highlight the global virtualized evolved packet core marketgrowth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides detailedvirtualized evolved packet core marketanalysis based on competitive intensity and how the competition will take shape in coming years. What are the projections for the future that would help in taking further strategic steps?

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