Market Overview:
The global virtualized evolved packet core market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based services and the growing number of mobile subscribers. In terms of type, the cloud-based segment is expected to grow at a higher CAGR than the on-premises segment during the forecast period. This can be attributed to the growing demand for cloud services and rising acceptance of virtualization among telecom operators. By application, telecom operators are expected to account for a larger share of this market than enterprises during the forecast period. This can be attributed to increasing investments by telecom operators in network infrastructure and rising demand for 4G/5G services. Geographically, North America is expected to hold a leading share of this market in 2018, followed by Europe and Asia Pacific.
Product Definition:
Virtualized Evolved Packet Core (vEPC) is a key technology for 5G networks, providing the necessary foundation for supporting massive scale and ultra-low latency services. vEPC delivers the required performance and scalability to support large numbers of users and devices with consistent high-quality user experiences.
Cloud:
Cloud is a collection of remote servers that can provide shared resources, such as storage, computing power, and data. It helps in virtualizing network functions on various devices and providing them through a web interface. Cloud provides services to organizations through third-party vendors who own the physical hardware or server farm where the applications are hosted.
On-Premises:
On-premises is a term used for referring to the infrastructure or software that is installed and operated on the customer's own hardware. In other words, it means that all services are provided through physical media (hardware) present in the customer’s premises. It also implies that there is no reliance on any third-party service provider for providing any functionality as all components would be owned by the organization itself.
Application Insights:
The enterprise segment accounted for the largest revenue share in 2016 and is anticipated to maintain its dominance over the forecast period. The growing demand for high-speed, reliable and secure communication network infrastructure across various industries such as BFSI, IT & telecom, government are expected to drive the demand over the forecast period.
The global telecom operator¢â‚¬â„¢s association with cloud computing has enabled them to reduce costs while improving services. Furthermore, it has also helped operators in gaining competitive edge over their rivals by offering a wide range of innovative offerings through applications such as telepresence robots that offer remote monitoring and control of customer equipment from a central location. These advantages are likely to increase industry adoption rates further driving growth during the forecast period.
Regional Analysis:
The market in the Asia Pacific region is anticipated to grow at a significant rate over the forecast period. The growth can be attributed to increasing investments in data centers and cloud infrastructure, rising demand for high-speed internet services, and growing adoption of smartphones & tablets worldwide. Furthermore, increased use of mobile devices has led to an increase in traffic across various networks which has resulted in enhanced network performance requirements among service providers. This scenario is further expected to drive regional growth during the forecast period.
The market for VEECs was dominated by North America owing to early technology adoption by service providers and enterprises coupled with presence of major vendors such as Cisco Systems, Inc., Hewlett Packard Enterprise Development LP., Citrix Systems Inc., Microsoft Corporation; Google LLC; Amazon Web Services LLC; IBM Corporation; VMware, Inc.; Hewlett Packard Enterprise Development LP.; A10 Networks Holdings Limited.; Riverbed Technology Company Lda.; Scale Computing, Inc.; F5 Networks Ltd.
Growth Factors:
- Increased demand for bandwidth and data traffic: The increasing demand for bandwidth and data traffic is one of the primary growth drivers for the virtualized evolved packet core market. This is because the increased adoption of 4G/LTE services and the growing popularity of mobile video are resulting in a surge in network traffic.
- Need for improved efficiency and scalability: Another key factor driving market growth is the need for improved efficiency and scalability in networks. Virtualized evolved packet cores offer operators a more efficient way to manage their networks, while also providing them with the ability to scale up or down as needed.
- Shift from hardware-based to software-based solutions: A third major driver of market growth is the shift from hardware-based to software-based solutions, which allows operators to deploy virtualized EPCs on commodity servers instead of expensive proprietary hardware platforms. This helps reduce costs while also providing greater flexibility and agility in terms of network scaling and upgrades.
Scope Of The Report
Report Attributes
Report Details
Report Title
Virtualized Evolved Packet Core Market Research Report
By Type
Cloud, On-Premises
By Application
Telecom Operator, Enterprise
By Companies
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)
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Virtualized Evolved Packet Core Market Report Segments:
The global Virtualized Evolved Packet Core 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 Operator, Enterprise
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:
- 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)
Highlights of The Virtualized Evolved Packet Core 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 Operator
- Enterprise
- 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 Virtualized Evolved Packet Core 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.
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- Correctly Positioning New Products
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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?
Virtualized Evolved Packet Core (VEP) is a set of technologies that enable the deployment of network functions virtualization on top of existing hardware. VEP enables the creation and management of multiple isolated, logically separate networks that can be managed as a single entity. This allows organizations to consolidate their networking infrastructure while maintaining flexibility and control over how their networks are deployed.
Some of the key players operating in the virtualized evolved packet core market are 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).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Virtualized Evolved Packet Core 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 Virtualized Evolved Packet Core Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Virtualized Evolved Packet Core 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 Virtualized Evolved Packet Core 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 Virtualized Evolved Packet Core Market Size & Forecast, 2020-2028
4.5.1 Virtualized Evolved Packet Core Market Size and Y-o-Y Growth
4.5.2 Virtualized Evolved Packet Core Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Cloud
5.2.2 On-Premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Telecom Operator
6.2.2 Enterprise
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Virtualized Evolved Packet Core 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 Virtualized Evolved Packet Core 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 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 Market Size Forecast by Applications
9.10.1 Telecom Operator
9.10.2 Enterprise
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 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 Market Size Forecast by Applications
10.10.1 Telecom Operator
10.10.2 Enterprise
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 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 Market Size Forecast by Applications
11.10.1 Telecom Operator
11.10.2 Enterprise
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 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 Market Size Forecast by Applications
12.10.1 Telecom Operator
12.10.2 Enterprise
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) 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) Market Size Forecast by Applications
13.10.1 Telecom Operator
13.10.2 Enterprise
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 Virtualized Evolved Packet Core Market: Competitive Dashboard
14.2 Global Virtualized Evolved Packet Core Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ericsson (Sweden)
14.3.2 NEC Corporation (Japan)
14.3.3 Affirmed Networks (US)
14.3.4 Huawei Technologies (China)
14.3.5 Mavenir (US)
14.3.6 ZTE Corporation (China)
14.3.7 Cisco Systems (US)
14.3.8 Athonet (Italy)
14.3.9 Nokia Corporation (Finland)
14.3.10 Samsung (South Korea)
14.3.11 ExteNet Systems (US)
14.3.12 Telrad Networks (Israel)
14.3.13 Core Network Dynamics (Germany)
