Virtualized Evolved Packet Core Market by Component (Services, Solutions), Network (4G Network, 5G Network), Deployment Mode, End-User - Global Forecast 2024-2030


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Virtualized Evolved Packet Core Market by Component (Services, Solutions), Network (4G Network, 5G Network), Deployment Mode, End-User - Global Forecast 2024-2030


The Virtualized Evolved Packet Core Market size was estimated at USD 9.00 billion in 2023 and expected to reach USD 10.26 billion in 2024, at a CAGR 14.45% to reach USD 23.16 billion by 2030.

Global Virtualized Evolved Packet Core Market

The virtual evolved packet core(vEPC) refers to the framework for virtualizing the functions of the evolved packet core (EPC), which has traditionally been utilized in LTE networks. By harnessing the principles of network functions virtualization (NFV), vEPC enables the core network functions to be run on generic servers rather than on specialized hardware, allowing for greater scalability, flexibility, and efficiency in the management and deployment of network services. Government initiatives to achieve digitalization capabilities in diverse industrial sectors, including telecommunication and network infrastructure, are also gaining traction. However, complexities in integrating vEPC with existing mobile core and back office systems and the possibility of privacy breaches and loss of data security pose hurdles to the widespread adoption of the technology. However, major players are continuously exploring the integration of new technologies such as AI, Ml, and IoT to overcome regulatory and technical challenges. Furthermore, the proliferation of 4G LTE networks and the transition towards 5G can provide new avenues of growth for the industry. With the ability to provide higher throughput, lower latency, and massive device connectivity, 5G deployment serves as a major driver for widening applications of vEPC technology.

Regional Insights

North America, being a developed market, witnesses higher use and production of virtually evolved packet cores (vEPC), primarily due to advanced technology implementations and dense network infrastructures. Compatibility with 4G LTE and 5G networks has increased vEPC's popularity in the region. Major telecom companies actively involved in vEPC are based in the U.S. and Canada, and South America exhibits a growing trend for vEPC. Asia exhibits a dynamic picture of vEPC use, with rapidly growing economies such as India and China witnessing huge demand due to massive mobile data consumption and infrastructure development. A significant penetration rate of 4G and impending 5G adoption are driving up the vEPC market in the region. Countries such as Japan and South Korea are leading in production capabilities, with some regional companies at the forefront. In Europe, vEPC is extensively utilized due to the proliferation of LTE networks and the emphasis on network virtualization. High-end smartphone usage and the rising need for high-speed data are contributing factors. Western Europe, especially the UK, Germany, and France, show high production rates with the government spearheading the 5G initiative. The rise in data traffic, IoT proliferation, and the advent of 5G are factors encouraging companies to invest heavily in vEPC solutions in the Middle East & Africa.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Virtualized Evolved Packet Core Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Virtualized Evolved Packet Core Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Virtualized Evolved Packet Core Market, highlighting leading vendors and their innovative profiles. These include Athonet S.r.l. by Hewlett Packard Enterprise Company, Cisco Systems, Inc., Cumucore Oy, Druid Software, F5, Inc., Huawei Technologies Co., Ltd., Intel Corporation, IPLOOK Technologies, Juniper Networks, Inc., LEMKO Corporation, Mavenir Systems, Inc., Microsoft Corporation, NEC Corporation, Nokia Corporation, Parallel Wireless, Inc., Polaris Networks by Motorola Solutions, Inc., Radisys Corporation by Jio Infocomm Limited, Red Hat, Inc. by International Business Machines Corporation, Samsung Electronics Co., Ltd., Tech Mahindra Limited, Tecore Inc., Telefonaktiebolaget LM Ericsson, Telrad Networks by Cassava Technologies, VMware, Inc., and ZTE Corporation.

Market Segmentation & Coverage

This research report categorizes the Virtualized Evolved Packet Core Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Services
Consulting
Integration & Deployment
Managed Services
Professional Services
Training & Support
Solutions
HSS
MME
PDN-GW
S-GW
Network
4G Network
5G Network
Deployment Mode
Cloud
On-Premises
End-User
Enterprises
Telecom Operators
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Virtualized Evolved Packet Core Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Virtualized Evolved Packet Core Market?
3. What are the technology trends and regulatory frameworks in the Virtualized Evolved Packet Core Market?
4. What is the market share of the leading vendors in the Virtualized Evolved Packet Core Market?
5. Which modes and strategic moves are suitable for entering the Virtualized Evolved Packet Core Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Virtualized Evolved Packet Core Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing investments in the digitalization of industries
5.1.1.2. Increasing consumer demand for faster networks worldwide
5.1.2. Restraints
5.1.2.1. Complexities in integrating vEPC with existing mobile core and back office systems
5.1.3. Opportunities
5.1.3.1. Continuous improvements in virtualized evolved packet core technologies
5.1.3.2. Rising commercialization of 5G network across economies
5.1.4. Challenges
5.1.4.1. Rising security and data privacy concerns
5.2. Market Segmentation Analysis
5.2.1. Component: Adoption of various vEPC solutions to improve network reliability
5.2.2. Network: Rising utility of vEPC in advanced 5G networks
5.2.3. Deployment: Rising requirement for cloud deployment of vEPC to achieve scalability and flexibility in business operations
5.2.4. End-User: Ongoing R&D initiatives and expansion activities to provide optimum vEPC services to telecom operators
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Virtualized Evolved Packet Core Market, by Component
6.1. Introduction
6.2. Services
6.3.1. Consulting
6.3.2. Integration & Deployment
6.3.3. Managed Services
6.3.4. Professional Services
6.3.5. Training & Support
6.3. Solutions
6.4.1. HSS
6.4.2. MME
6.4.3. PDN-GW
6.4.4. S-GW
7. Virtualized Evolved Packet Core Market, by Network
7.1. Introduction
7.2. 4G Network
7.3. 5G Network
8. Virtualized Evolved Packet Core Market, by Deployment Mode
8.1. Introduction
8.2. Cloud
8.3. On-Premises
9. Virtualized Evolved Packet Core Market, by End-User
9.1. Introduction
9.2. Enterprises
9.3. Telecom Operators
10. Americas Virtualized Evolved Packet Core Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Virtualized Evolved Packet Core Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Virtualized Evolved Packet Core Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
13.3.1. Merger & Acquisition
13.3.1.1. HPE Completes Acquisition of Private 5G Company Athonet
13.3.2. New Product Launch & Enhancement
13.3.2.1. Microsoft Launches Azure Operator Nexus 5G Cloud Platform
13.3.3. Investment & Funding
13.3.3.1. Mavenir Raises USD 100 Million of Capital to Accelerate Investments in Strategic Growth Products
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Athonet S.r.l. by Hewlett Packard Enterprise Company
14.1.2. Cisco Systems, Inc.
14.1.3. Cumucore Oy
14.1.4. Druid Software
14.1.5. F5, Inc.
14.1.6. Huawei Technologies Co., Ltd.
14.1.7. Intel Corporation
14.1.8. IPLOOK Technologies
14.1.9. Juniper Networks, Inc.
14.1.10. LEMKO Corporation
14.1.11. Mavenir Systems, Inc.
14.1.12. Microsoft Corporation
14.1.13. NEC Corporation
14.1.14. Nokia Corporation
14.1.15. Parallel Wireless, Inc.
14.1.16. Polaris Networks by Motorola Solutions, Inc.
14.1.17. Radisys Corporation by Jio Infocomm Limited
14.1.18. Red Hat, Inc. by International Business Machines Corporation
14.1.19. Samsung Electronics Co., Ltd.
14.1.20. Tech Mahindra Limited
14.1.21. Tecore Inc.
14.1.22. Telefonaktiebolaget LM Ericsson
14.1.23. Telrad Networks by Cassava Technologies
14.1.24. VMware, Inc.
14.1.25. ZTE Corporation
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. VIRTUALIZED EVOLVED PACKET CORE MARKET RESEARCH PROCESS
FIGURE 2. VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, 2023 VS 2030
FIGURE 3. VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. VIRTUALIZED EVOLVED PACKET CORE MARKET DYNAMICS
FIGURE 7. VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY NETWORK, 2023 VS 2030 (%)
FIGURE 10. VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY NETWORK, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY DEPLOYMENT MODE, 2023 VS 2030 (%)
FIGURE 12. VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY DEPLOYMENT MODE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 14. VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA VIRTUALIZED EVOLVED PACKET CORE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. VIRTUALIZED EVOLVED PACKET CORE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. VIRTUALIZED EVOLVED PACKET CORE MARKET SHARE, BY KEY PLAYER, 2023

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