Virtualized Evolved Packet Core Market Size 2022: Share, Growth, Marketing Channel Development Trend and Forecast to 2027

Virtualized Evolved Packet Core Market Report is an in-depth study of the current state aimed at the major drivers, market strategies, and key player's growth. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a universal and local scale. The structured analysis contains graphical as well as a diagrammatic representation of worldwide Centrifugal Air Classifier Market with its specific geographical regions.

The Global Virtualized Evolved Packet Core Market size is expected to reach $9.2 billion by 2022, rising at a market growth of 46.7% CAGR during the forecast period.

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Market Overview:

The growth of this market is mainly attributed to the rapid growth in network infrastructure, the increasing need to reduce operational expenditure (OPEX) and capital expenditure (CAPEX), increasing demand for broadband services over mobile networks, and significant growth in the mobile data traffic volumes are the key factors driving the growth of the virtualized evolved packet core market. The study offers a comprehensive analysis of the global virtualized evolved packet core market with respect to component, application, end user, and geography. The global virtualized evolved packet core market is segmented based on component (solutions and services), deployment mode (on-premise and cloud), The study also evaluates industry competitors and analyses the market at a country level.

Market Segmentation

Key Players:

Ericsson (Sweden), NEC Corporation (Japan), Affirmed Networks (US), Huawei Technologies (China), Mavenir (US), ZTE Corporation (China), Cisco Systems (US), Athonet (Italy), Nokia Corporation (Finland), Samsung (South Korea), ExteNet Systems (US), Telrad Networks (Israel), Core Network Dynamics (Germany)

The Virtualized Evolved Packet Core Market Based on product type, follow:

Cloud

On-Premises

The Virtualized Evolved Packet Core Market Based on application, follow:

Telecom Operator

Enterprise

Regional Analysis:

The video traffic at present approximately 66% of all mobile data traffic. During the COVID-19 pandemic, there have been restrictions as lockdown and constraints on movement; the traffic pattern has changed. For example, in India, the average monthly mobile data usage per smartphone witnessed a growth due to the increasing adoption of 4G, particularly among the people working from work. In addition to this, the growing awareness related to the various advantages of Virtual Evolved Packet Core such as network cost reduction, improved network architecture flexibility, improved and faster delivery services, and increased automation. Moreover, the rising number of devices, users, and applications is further surging the market growth over the coming years.

Based on the region, Asia-Pacific is expected to dominate the market during the forecast period. The increasing adoption of advanced technologies in various industry verticals is surging the market growth. In addition to this, the continuous growth in the infrastructural development in Asian countries including South Korea, Singapore, China, and India, is further contributing to the market growth. There has been an increase in the deployment of 4G and 5G networks is creating new opportunities for the implementation of the virtualized evolved packet core solutions.

Regions are covered by Virtualized Evolved Packet Core Market Report 2022 to 2027

For a comprehensive understanding of market dynamics, the Virtualized Evolved Packet Core market is analysed across key geographies namely: North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). Each of these regions is analysed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.

Important sections of the table of contents:

Global Virtualized Evolved Packet Core Market Overview
Global Virtualized Evolved Packet Core Market Competition by Manufacturers
Virtualized Evolved Packet Core Market Scenario by Region
Global Virtualized Evolved Packet Core Market Analysis by Type
Production, Revenue (Value), Price Trend by Type
Global Virtualized Evolved Packet Core Historic Market Analysis by Application
Company Profiles and Key Figures in Virtualized Evolved Packet Core Business
Virtualized Evolved Packet Core Manufacturing Cost Analysis
Marketing Channel, Distributors and Customers
Market Dynamics
Global Market Forecast

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Reasons to buy the «Keyword» report:

It provides a forward-looking perspective on different factors driving or restraining market growth
provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments

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