Press release
Virtualized Evolved Packet Core Market 360-Degree Study with Current and Future Trends 2022 - 2030 | Cisco Systems Inc., Telefonaktiebolaget LM Ericsson, NEC Corporation
Other business intelligence tools include market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, industrial chain, market effect factors analysis, global market size forecast, market data and graphs and statistics, tables, bar and pie charts, and more. Obtain a thorough report (with a full TOC, more than 100 tables, figures, and charts). - Extensive Analysis Impact Analysis of the Pre- and Post-COVID-19 Market Outbreak.
Global Virtualized Evolved Packet Core Market is valued at approximately USD 4.79 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 22.8% over the forecast period 2022-2029.
Market Overview
Virtualized Evolved Packet Core refers to a framework utilized for virtualizing the functions required to converge voice and data on 4G Long-Term Evolution (LTE) and 5G networks. vEPC moves the core network's individual components that traditionally run-on dedicated hardware to software platforms. Through virtualizing evolved packet core (EPC) telecom operators can reduce their capital & operating expenditures as well as can customize networks as per the requirements of individual customers. The increasing mobile network data traffic and growing penetration of IoT connected devices as well as strategic initiatives from leading market players are key factors accelerating the market growth.
According to Statista - in 2019, global mobile data traffic was estimated at 28.56 exabytes per month, and the mobile data traffic further increased to 77.49 exabytes per month in 2022. Moreover, another key factor driving the market is increasing penetration of IoT connected devices. For instance, according to Statista - in 2020, the total number of Internet of Things (IoT) devices worldwide were estimated at 9.7 billion, and the number of IoT devices is projected to grow to 29 billion by 2030. Also growing emergence of 5G services worldwide and increasing advancements in Machine-to-Machine (M2M) communication networks would create lucrative growth prospectus for the market over the forecast period. However, lack of awareness and resources to shift toward virtualization and rising concern over cyber security impede the market growth throughout the forecast period of 2022-2029.
Download Free Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=bw6399
The key regions considered for the Global Virtualized Evolved Packet Core Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to presence of leading market players and growing investment in5G infrastructure in the region. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising penetration of smartphone subscribers and IoT devices coupled with increasing deployment of 4G and 5G networks in the region.
Major market players included in this report are:
Cisco Systems Inc.
Telefonaktiebolaget LM Ericsson
NEC Corporation
Mavenir
ZTE Corporation
Red Hat Inc.
Nokia Corporation
Huawei Technologies Ltd.
Affirmed Solutions Inc.
Samsung Electronics Ltd.
Recent Developments in the Market:
In February 2020, Latin America based Millicom, a provider of cable and mobile services, partnered with Affirmed Networks for virtual Evolved Packet Core solution. Under this partnership, Millicom would deploy Affirmed's virtual Evolved Packet Core (vEPC) solution on VMware's vCloud NFV platform, for the rollout of new mobile and Wi-Fi services in the North American region.
In August 2020, Taiwanese mobile operator Asia Pacific Telecom (APT) announced selection of Finland based Nokia as the single vendor for 5G New Radio (NR). Under this partnership, Nokia would provide its AirScale Radio Access solutions. Moreover, Nokia would also deploy its cloud-native Cloud Mobile Gateway (CMG) and Cloud Mobility Manager (CMM) appliance solutions from its Cloud Packet Core (CPC) portfolio.
Description, TOC, Table of Figure, Chart, etc. :-https://reportocean.com/industry-verticals/sample-request?report_id=bw6399
Global Virtualized Evolved Packet Core Market Report Scope:
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, Deployment Type, Network, End-User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Component:
Solution
Services
By Deployment Type:
Cloud
On-premises
By Network:
5G Network
4G Network
By End-User:
Telecom Operators
Enterprise
Request for Query or Customization :-https://reportocean.com/industry-verticals/sample-request?report_id=bw6399
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content
Market Overview
Market Dynamics
Associated Industry Assessment
Market Competitive Landscape
Analysis of Leading Companies
Market Analysis and Forecast, By Product Types
Market Analysis and Forecast, By Applications
Market Analysis and Forecast, By Regions
Conclusions and Recommendations
Appendix
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Exterior Architectural Coating Market
Overview of the regional outlook of the Exterior Architectural Coating Market:
Request Full Report, here:-https://reportocean.com/industry-verticals/sample-request?report_id=bw6399
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES Tel: +1 888 212 3539 (US - TOLL FREE)
Website:https://www.reportocean.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Virtualized Evolved Packet Core Market 360-Degree Study with Current and Future Trends 2022 - 2030 | Cisco Systems Inc., Telefonaktiebolaget LM Ericsson, NEC Corporation here
News-ID: 2865097 • Views: …
More Releases from reportocean
Web Analytics Market Outlook, Key Players, Share, Size,Forecast 2023 to 2031
Global Web Analytics Market is valued at approximately USD 3.1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 19.3% over the forecast period 2020-2027. Web analytics is extensively utilized to pursue and scrutinize the users collaboration patterns with the website as they connect and stream information or data. This process includes the collection, assessment, and coverage of web data created from these…
Bot Services Market Insights, Emerging Trends and Latest Opportunities 2022 - 20 …
Global Bot Services Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2022-2030.
The research report offers an in-depth analysis of the global Bot Services market, with particular attention paid to its key players and their business strategies, geographic development, market segmentation, competitive environment, production, pricing, and cost structure.
The report studies each…
Network Management Systems Market Business Forecast, Geography, & Analysis Resea …
Global Network Management Systems Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2022-2030.
The research report offers an in-depth analysis of the global Network Management Systems market, with particular attention paid to its key players and their business strategies, geographic development, market segmentation, competitive environment, production, pricing, and cost structure.
The report…
Unified Endpoint Management Market Dynamics, Major Players, Analysis & Forecast …
Global Unified Endpoint Management Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2022-2030.
The research report offers an in-depth analysis of the global Unified Endpoint Management market, with particular attention paid to its key players and their business strategies, geographic development, market segmentation, competitive environment, production, pricing, and cost structure.
The report studies…
More Releases for Packet
Evolving Market Trends In The Virtualized Evolved Packet Core Industry: Innovati …
"The Virtualized Evolved Packet Core Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Virtualized Evolved Packet Core Market Size During the Forecast Period?
The market size of the virtualized evolved packet core has experienced swift growth in the past few years. The…
Deep Packet Inspection Market Growth to USD 8.9 Billion by 2033: Deep Packet Ins …
The global Deep Packet Inspection Market was valued at approximately USD 3.2 billion in 2024 and is expected to reach around USD 9.1 billion by 2033, growing at a compound annual growth rate (CAGR) of about 12.5% from 2025 to 2033.
Request a sample copy of this report at: https://www.omrglobal.com/request-sample/deep-packet-inspection-market
Deep Packet Inspection Market Overview:
The Deep Packet Inspection (DPI) Market plays a critical role in enhancing network security and traffic management by…
The New Year started construction RED PACKET
Image: https://ecdn6-nc.globalso.com/upload/p/1307/image_product/2025-02/untitled-1.jpg
Happy Chinese New Year and we has back in the office.
Hope our festive atmosphere can also make you feel happy.
ZhengYi [https://www.zhengyikitchenware.com/] has already started to work this week, everything is fully prepared, and factory has resumed normal production, which can make stable supply.
Firecrackers sends good luck,The new year started construction.
The festive atmosphere of the Spring Festival has not yet dissipated
The new journey has begun!
After the short jollification With a…
Best Packet Tracing Assignment Help
Packet tracing is an essential concept in computer networking, providing a means to monitor and analyze network traffic. For students pursuing studies in networking and IT, mastering packet tracing tools and methodologies is a fundamental skill. However, completing packet tracing assignments can sometimes be a challenge, as it involves understanding intricate network topologies, protocols, and Cisco configurations. For students in need of assistance, packet tracing assignment help services can be…
DPI in Packet Switched Networks
Deep packet inspection (DPI) is an advanced monitoring technique and a useful application for telcos. The main advantage of DPI is that it provides most accurate information on bandwidth as it reads the packet content. Analyzing digital traffic can reveal some very useful insights and help telcos to identify general consumer behaviour. For instance, how long customers stay at a location, how often is a customer joining a specific location,…
Packet slicing in 100 Gbit line rate
Cubro announces packet slicing option with CRC recalculation on multiple 100 Gbit traffic per unit. The EXA32100 is the only multiple 100 Gbit Network Packet Broker which supports packet slicing in-line rate on all 100 Gbit interfaces. There are three options for slicing - 64, 128 and 256 bytes. This feature can be configured on an output port, and it supports dual-stack IPv4 and IPv6.
The significant advantage of packet slicing…
