Market Overview:
The global virtual evolved packet core (vEPC) market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cloud-based vEPC solutions and rising number of mobile subscribers. In terms of type, the cloud-based vEPC segment is expected to grow at a higher CAGR than on-premises vEPC during the forecast period. This can be attributed to the growing trend of enterprises moving their applications and workloads to public clouds. By application, telecom operators are expected to account for a larger share of the global vEPC market than enterprises during the forecast period.
Product Definition:
The vEPC is an evolved packet core that allows for the deployment of virtualized network functions. This allows service providers to more efficiently use their resources and deploy new services more quickly. The vEPC is important because it helps service providers keep up with the ever-growing demand for new services and helps them reduce costs.
Cloud:
Cloud is a collection of remote servers that can provide shared and virtualized computing resources. It provides on-demand self-service network access to enterprises, along with elasticity and scalability. The concept of cloud has evolved from being a novelty to becoming an integral part of business models across various industries globally.
On-Premises:
On-premises is a term used for the infrastructure that is present on the customer premises and can be used directly by the end users. It provides more control over data as compared to cloud-based solutions. The on-premises software can be modified according to user requirements which cannot be done in case of cloud solutions.
Application Insights:
The telecom operators segment dominated the global market in terms of revenue share in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing demand for advanced communication services and technologies among consumers. vEPCs help operators deliver a high quality of service (QoS) while ensuring efficient network management and reducing capital expenditure (CapEx). As a result, they are increasingly deployed across operator networks.
Enterprises application segment is projected to expand at the highest CAGR during the forecast period owing to growing adoption of virtualized environments, such as data centers, cloud computing platforms and industrial IT systems. These environments require constant connectivity with users around the globe; this requirement has led enterprises toward deploying vEPCs for their internal networks as well as VPN tunnels over their external connections. Growing demand from large enterprise customers coupled with low-cost private cloud infrastructure offerings by various vendors have been contributing significantly toward industry growth across regions since 2016.
Regional Analysis:
The North American region dominated the global market in 2017. This can be attributed to the presence of major service providers, such as AT&T, Inc.; Cisco Systems, Inc.; and Verizon Communications Inc., headquartered in this region. The increasing demand for advanced communication solutions among enterprises and telecom operators is also one of the key factors driving growth in this region. Furthermore, growing adoption of cloud-based services is further fueling regional growth.
Asia Pacific is expected to emerge as a lucrative destination over the forecast period owing to several initiatives undertaken by governments across various countries in order to enhance network infrastructure within their respective regions.
Growth Factors:
- Increasing demand for 4G and 5G services
- Rapid growth of mobile data traffic
- Shift to cloud-based services and applications
- Emergence of new use cases and applications for vEPC
- Growing demand for virtualized network functions
Scope Of The Report
Report Attributes
Report Details
Report Title
Virtual Evolved Packet Core (vEPC) Market Research Report
By Type
Cloud, On-Premises
By Application
Telecom Operators, Enterprises
By Companies
Affirmed Networks, Core Network Dynamics, Telrad Networks, Ericsson, Huawei Technologies, Mavenir, ExteNet Systems, Samsung, ZTE, Athonet, Cisco Systems, NEC, Nokia
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Virtual Evolved Packet Core (vEPC) Market Report Segments:
The global Virtual Evolved Packet Core (vEPC) market is segmented on the basis of:
Types
Cloud, On-Premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Telecom Operators, Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Affirmed Networks
- Core Network Dynamics
- Telrad Networks
- Ericsson
- Huawei Technologies
- Mavenir
- ExteNet Systems
- Samsung
- ZTE
- Athonet
- Cisco Systems
- NEC
- Nokia
Highlights of The Virtual Evolved Packet Core (vEPC) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud
- On-Premises
- By Application:
- Telecom Operators
- Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Virtual Evolved Packet Core (vEPC) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Virtual Evolved Packet Core (vEPC) is a new technology that enables service providers to build and deploy next-generation network architectures. vEPC provides an open platform for service providers to build, test, and deploy innovative networking solutions.
Some of the key players operating in the virtual evolved packet core (vepc) market are Affirmed Networks, Core Network Dynamics, Telrad Networks, Ericsson, Huawei Technologies, Mavenir, ExteNet Systems, Samsung, ZTE, Athonet, Cisco Systems, NEC, Nokia.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Virtual Evolved Packet Core (vEPC) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Virtual Evolved Packet Core (vEPC) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Virtual Evolved Packet Core (vEPC) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Virtual Evolved Packet Core (vEPC) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Virtual Evolved Packet Core (vEPC) Market Size & Forecast, 2018-2028 4.5.1 Virtual Evolved Packet Core (vEPC) Market Size and Y-o-Y Growth 4.5.2 Virtual Evolved Packet Core (vEPC) Market Absolute $ Opportunity
Chapter 5 Global Virtual Evolved Packet Core (vEPC) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Virtual Evolved Packet Core (vEPC) Market Size Forecast by Type
5.2.1 Cloud
5.2.2 On-Premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Virtual Evolved Packet Core (vEPC) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Virtual Evolved Packet Core (vEPC) Market Size Forecast by Applications
6.2.1 Telecom Operators
6.2.2 Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Virtual Evolved Packet Core (vEPC) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Virtual Evolved Packet Core (vEPC) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Virtual Evolved Packet Core (vEPC) Analysis and Forecast
9.1 Introduction
9.2 North America Virtual Evolved Packet Core (vEPC) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Virtual Evolved Packet Core (vEPC) Market Size Forecast by Type
9.6.1 Cloud
9.6.2 On-Premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Virtual Evolved Packet Core (vEPC) Market Size Forecast by Applications
9.10.1 Telecom Operators
9.10.2 Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Virtual Evolved Packet Core (vEPC) Analysis and Forecast
10.1 Introduction
10.2 Europe Virtual Evolved Packet Core (vEPC) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Virtual Evolved Packet Core (vEPC) Market Size Forecast by Type
10.6.1 Cloud
10.6.2 On-Premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Virtual Evolved Packet Core (vEPC) Market Size Forecast by Applications
10.10.1 Telecom Operators
10.10.2 Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Virtual Evolved Packet Core (vEPC) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Virtual Evolved Packet Core (vEPC) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Virtual Evolved Packet Core (vEPC) Market Size Forecast by Type
11.6.1 Cloud
11.6.2 On-Premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Virtual Evolved Packet Core (vEPC) Market Size Forecast by Applications
11.10.1 Telecom Operators
11.10.2 Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Virtual Evolved Packet Core (vEPC) Analysis and Forecast
12.1 Introduction
12.2 Latin America Virtual Evolved Packet Core (vEPC) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Virtual Evolved Packet Core (vEPC) Market Size Forecast by Type
12.6.1 Cloud
12.6.2 On-Premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Virtual Evolved Packet Core (vEPC) Market Size Forecast by Applications
12.10.1 Telecom Operators
12.10.2 Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Virtual Evolved Packet Core (vEPC) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Virtual Evolved Packet Core (vEPC) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Virtual Evolved Packet Core (vEPC) Market Size Forecast by Type
13.6.1 Cloud
13.6.2 On-Premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Virtual Evolved Packet Core (vEPC) Market Size Forecast by Applications
13.10.1 Telecom Operators
13.10.2 Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Virtual Evolved Packet Core (vEPC) Market: Competitive Dashboard
14.2 Global Virtual Evolved Packet Core (vEPC) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Affirmed Networks
14.3.2 Core Network Dynamics
14.3.3 Telrad Networks
14.3.4 Ericsson
14.3.5 Huawei Technologies
14.3.6 Mavenir
14.3.7 ExteNet Systems
14.3.8 Samsung
14.3.9 ZTE
14.3.10 Athonet
14.3.11 Cisco Systems
14.3.12 NEC
14.3.13 Nokia