Virtualized Evolved Packet Core (vEPC) Market Growth Opportunity | Samsung, Lemko, Xingtera, Polaris Networks

According to the report, the global Virtualized Evolved Packet Core (vEPC) market is expected to grow from $3.68 Million in 2020, which is expected to reach $17.01 Million by 2028, growing at the CAGR of 19.92% from 2020 to 2028. This growth is attributed to the increasing mobile network data traffic and the rise in the number of 4G networks. Furthermore, the increasing demand for software-defined networking systems has gained popularity in the telecom industry. Telecom providers are expected to capitalize on SDN to leverage their existing infrastructure and cut down on operating costs. The major factor restraining the growth of the market is the lack of awareness about the existence of the technology. Since the hi-end technologies are costly, there are fewer companies that offer the solutions.

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The recently published research report on the Global Virtualized Evolved Packet Core (vEPC) Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues, and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Virtualized Evolved Packet Core (vEPC) market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Virtualized Evolved Packet Core (vEPC) market report also includes the following data points:
• COVID19 Impact on Virtualized Evolved Packet Core (vEPC) market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Virtualized Evolved Packet Core (vEPC) market

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Key Players
Some of the major Virtualized Evolved Packet Core (vEPC) players holding high market share include Samsung, Lemko, Xingtera, Polaris Networks. These players use the partnership as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Samsung
• Lemko
• Xingtera
• Polaris Networks
• Telrad Networks
• Cumucore
• Athonet
• Tecore
• Cisco
• Nokia

Segmental Analysis
Market Segment By Solution with focus on market share, consumption trend, and growth rate of Virtualized Evolved Packet Core (vEPC) Market:
o MME
o HSS
o S-GW

Market Segment By Services with focus on market share, consumption trend, and growth rate of Virtualized Evolved Packet Core (vEPC) Market:
o Professional Service
o Consulting
o Integration and Deployment
o Training and Support
o Managed Service

Market Segment By Network with a focus on market share, consumption trend, and growth rate of Virtualized Evolved Packet Core (vEPC) Market:
o 5G Network
o 4G Network

Market Segment By End-Use with a focus on market share, consumption trend, and growth rate of Virtualized Evolved Packet Core (vEPC) Market:
o Telecom operators
o Enterprises
o Others

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Global Virtualized Evolved Packet Core (vEPC) Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific

• Rest of the World
o South America
o Middle East & Africa

North America region is expected to account for the highest market share in the Virtualized Evolved Packet Core (vEPC) market due to a large number of network operators in the region.

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