REDWOOD CITY, Calif., Aug. 6, 2012 /PRNewswire/ -- Dell'Oro Group, the trusted source for market information about the networking and telecommunications industries, announced today that the wireless packet core equipment market is forecast to more than double in size to reach almost $6 billion by 2016. Evolved Packet Core, the emerging segment of this market, is forecast to expand half of the total market, driven by the Long Term Evolution (LTE) network capital spending.
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"Service provider mobile networks are undergoing a transformation towards Internet Protocol based architectures," said Chris DePuy, analyst at Dell'Oro Group. "Evolved Packet Core products are both the data throughput system enablers and the traffic charging systems that allow operators to manage interactions with customers." Evolved Packet Core equipment enables 4G data services and is backwards compatible to 3G.
The more mature Traditional Packet Core product revenues are expected to experience low single digits compounded annual growth rates between 2011 and 2016 as Evolved Packet Core devices become the more prevalent system deployed. The report shows that the PCRF market is forecast to reach nearly $700 M in 2015.
The Dell'Oro Group Wireless Packet Core Forecast Report offers complete, in-depth coverage of the market with tables covering manufacturers' revenue, average selling prices and sessions shipped for Traditional Packet Core equipment (GGSN, SGSN, PDSN and ASN Gateway) and Evolved Packet Core equipment (MME, Serving Gateway, PDN Gateway, and PCRF). To purchase this report, please contact Jessica Hsueh, call +1.650.622.9400 x222 or email [email protected].
As the trusted source for market information about the networking and telecommunications industries, Dell'Oro Group provides in-depth, objective research and analysis that enables component manufacturers, equipment vendors, and investment firms to make fact-based, strategic decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.DellOro.com.
SOURCE Dell'Oro Group
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