Global Virtual Evolved Packet Core (vEPC) Market Report 2023: Cloud Native and Service-based Architecture Augur Well for vEPC

News provided by

Oct 26, 2023, 11:00 ET

DUBLIN, Oct. 26, 2023 /PRNewswire/ -- The "Virtual Evolved Packet Core (vEPC) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering

The global market for Virtual Evolved Packet Core (vEPC) estimated at US$5.4 Billion in the year 2022, is projected to reach a revised size of US$26.2 Billion by 2030, growing at a CAGR of 22% over the analysis period 2022-2030.

Solutions, one of the segments analyzed in the report, is projected to record 20.9% CAGR and reach US$17.2 Billion by the end of the analysis period. Growth in the Services segment is estimated at 24.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 25.5% CAGR

The Virtual Evolved Packet Core (vEPC) market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2030 trailing a CAGR of 25.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.6% and 20.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 20% CAGR.

Select Competitors (Total 35 Featured)

Cisco Systems, Inc.
Fujitsu Ltd.
Huawei Technologies Co., Ltd.
Intel Corporation
Juniper Networks, Inc.
F5 Networks, Inc.
Infosys Ltd.
Giga-Byte Technology Co., Ltd.
General Dynamics Mission Systems, Inc.
Affirmed Networks
Athonet Srl
ExteNet Systems, Inc.
Great Software Laboratory Inc.
Cumucore Oy
Kaloom

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Virtual Evolved Packet Core (vEPC) - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of COVID-19 Pandemic and a Looming Global Recession
Telecom Sector: A Critical Support System for COVID-19 Crisis Management
Growing Focus on Connectivity Spells Bright Long-term Future for the Telecom Sector
COVID-19 Storm Decelerates Progress Related to Virtual Evolved Packet Cores
An Introduction to Virtual Evolved Packed Core (vEPC)
Networking Moves Beyond EPC to Virtual EPC in Grander Way for Intriguing Benefits
Global Market Prospects & Outlook
Competition
Global Virtual Evolved Packed Core (vEPC) Market: Competitor Share Breakdown (in %) for 2020E
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Virtualized EPC (vEPC): A Mobile Core Network Approach Enabling Support for Rising Mobile Traffic
Significant Benefits of vEPC to Drive Market Opportunities
Growing Demand for High-Speed Data Services and Surging Data Volumes on Mobile Devices to Bolster vEPC Market
Global Internet Usage: Number of Internet Users (in Billion) and Internet Penetration Rate (in %) for the Years 2015 through 2019
Rapid Growth of Mobile Network Data Traffic Gives Rise to Demand for vEPC
Global Mobile Data Traffic in EB/Month for the Year 2015, 2017, 2019, 2021, 2023 and 2025
Global Mobile Internet Market (2020): Percentage Breakdown of Revenues by Data Service Category Mobile Internet Category Revenue Composition (in %)
Breakdown of Network Latency (in Milliseconds) by Network Type
Rising Penetration of Smartphones Drives Growth of Mobile Network Traffic
Smartphone Penetration Rate as Share of Total Population: 2016-2020
Global Mobile Data Traffic Per Smartphone (in GB per Month) by Region/Country for 2019 and 2025
Expanding 4G LTE Mobile Subscriber Base Bodes Well for vEPC Market
Global 4G LTE Market Size (in US$ Billion) for the Years 2018, 2020, 2022 & 2024
Global Number of Mobile 4G LTE Subscriptions (in Million) for 2017, 2019, 2021, 2023 & 2025
4G Technology as % of Mobile Networks by Region for 2019 and 2025
Global Mobile Connections by Network Type (in %) for 2019 and 2025
vEPC Solutions Enable MNOs to Benefit from Emerging Opportunities in the IoT Space
Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
Virtual EPC to Facilitate Customized Slicing of 5G Network for IoT Services
Need to Build 5G Ready Mobile Networks Turns Focus onto vEPC
5G Smartphone Sales in Million Units: 2019-2022
COVID-19 Crisis Adversely Impacts Evolution of 5G
NFV for Efficient 5G Rollouts and Operations
Potential for Commercial 5G Services & Private 4G/5G Services to Boost Market Prospects
Global Private LTE Market Size (in US$ Billion) for the Years 2020, 2022, 2024 and 2026
Availability of Shared and Unlicensed Spectrum to Drive Future Market Gains
Cloud Native and Service-based Architecture Augur Well for vEPC
Differentiated 4G Services via Network Slicing: Potential for vEPC Market
Prominent Trends Shaping Overall Journey of Network Function Virtualization
Deployment of NFV in Cloud-Native Containers
Multi-Access Edge Computing (MEC) Promises Opportunities for vEPC Market
Global Mobile Edge Computing Market Size (in US$ Thousand) by Region/Country for 2020 and 2027
DPI & Virtual EPC: A Powerful Blend of Agility & Intelligence for Network Monetization

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/to68d

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets