Press release
Virtual Evolved Packet Core (vEPC) Market is projected to reach a value of USD 16.60 billion by 2029, growing at a CAGR of 7% during the forecast period.
Virtual Evolved Packet Core (vEPC) Market
The report provides a comprehensive analysis of the Virtual Evolved Packet Core (vEPC) Market, including its definition and market dynamics. It covers the drivers and restraints influencing the market growth and highlights the opportunities that may act as future drivers for the market. The report also includes a detailed segmentation analysis based on deployment type, component, applications, and end-user.
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The research methodology employed for this report involves extensive primary and secondary research. Various industry experts and professionals were interviewed to gather key insights and information. The data collected was then validated through reliable and authentic sources. The report also includes a detailed analysis of the impact of the COVID-19 pandemic on the market.
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What are Virtual Evolved Packet Core (vEPC) Market Dynamics:
Development of 5G Infrastructure: The vEPC market is driven by the increasing adoption of 5G infrastructure worldwide. As mobile network operators (MNOs) deploy 5G networks to meet the growing data traffic and leverage technologies like IoT, vEPC solutions play a vital role in optimizing network performance, utilizing radio resources efficiently, and enhancing network capacity.
Rising Demand for Mobile Data Services: With the proliferation of smartphones, tablets, and other mobile devices, the demand for mobile data services continues to grow. This surge in data usage necessitates advanced network solutions like vEPC, which enable MNOs to manage increased data traffic effectively and deliver seamless connectivity to end-users.
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Need for Network Function Virtualization (NFV): Network Function Virtualization (NFV) is a key trend in the telecommunications industry, driving the adoption of vEPC solutions. NFV allows for the virtualization of network functions, enabling operators to deploy flexible, scalable, and cost-effective network infrastructures. vEPC aligns with the NFV paradigm by virtualizing the evolved packet core functions, offering greater agility and operational efficiency.
Growing Demand for Voice over LTE (VoLTE) and Voice over Wi-Fi (VoWiFi): As voice communication transitions from traditional circuit-switched networks to IP-based networks, the demand for VoLTE and VoWiFi services is on the rise. vEPC solutions enable seamless integration and efficient handling of these voice services over LTE and Wi-Fi networks, providing high-quality voice calls and improved user experiences.
What are Virtual Evolved Packet Core (vEPC) Market regional insights:
The North America Virtual Evolved Packet Core (vEPC) Market is expected to witness substantial growth during the forecast period. The presence of major telecom giants and the increasing use of multimedia services and VoLTE are contributing to the market growth in the region. The U.S. government's plan to roll out the Citizens Broadband Radio Service band for private operators and originalities further accelerates the adoption of vEPC solutions.
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What is Virtual Evolved Packet Core (vEPC) Market Segmentation:
by Component
• Solution
• Services
by Deployment Type
• Cloud
• On-premises
by Application
• LTE, VoLTE, and VoWiFi
• IoT and M2M
• MPN and MVNO
• BWAs
by End-User
• Telecom Operator
• Enterprise
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Who are Virtual Evolved Packet Core (vEPC) Market Key Players:
• Ericsson India Pvt. Ltd.
• Huawei Technologies Co. Ltd.
• Cisco Systems Inc.
• NEC Corporation
• Nokia Corporation
• Affirmed Solutions Inc.
• Mavenir Inc.
• ZTE Corporation
• Athonet Srl
• Samsung Electronics Co. Ltd.
• Telad Networks Ltd.
• Core Network Dynamics Inc.
• Cumcore
• Druid Software
• IPLook
• Tech Mahindra
• Parallel Wireless
• Polaris Networks
Table of content for the Virtual Evolved Packet Core (vEPC) Market includes:
1. Global Virtual Evolved Packet Core (vEPC) Market: Research Methodology
2. Global Virtual Evolved Packet Core (vEPC) Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Virtual Evolved Packet Core (vEPC) Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Virtual Evolved Packet Core (vEPC) Market Segmentation
• Global Market, by Component(2021-2029)
• Global Market, by Deployment Type(2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by End-User(2021-2029)
5. Regional Virtual Evolved Packet Core (vEPC) Market(2021-2029)
• Regional Market, by Component(2021-2029)
• Regional Market, by Deployment Type(2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by End-User(2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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