Virtual Evolved Packet Core (vEPC)

Global Virtual Evolved Packet Core (vEPC) Market to Reach US$28.2 Billion by 2030

The global market for Virtual Evolved Packet Core (vEPC) estimated at US$9.1 Billion in the year 2024, is expected to reach US$28.2 Billion by 2030, growing at a CAGR of 20.7% over the analysis period 2024-2030. Solutions, one of the segments analyzed in the report, is expected to record a 19.7% CAGR and reach US$18.4 Billion by the end of the analysis period. Growth in the Services segment is estimated at 22.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.2 Billion While China is Forecast to Grow at 24.3% CAGR

The Virtual Evolved Packet Core (vEPC) market in the U.S. is estimated at US$2.2 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2030 trailing a CAGR of 24.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 18.0% and 18.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 18.4% CAGR.

Global Virtual Evolved Packet Core (vEPC) Market - Key Trends & Drivers Summarized

Virtual Evolved Packet Core (vEPC) is a transformative technology in the telecommunications industry, facilitating the shift from traditional, hardware-centric networks to more flexible, software-based systems. vEPC decouples the core network functions from proprietary hardware, allowing them to run as virtualized applications on standard servers. This virtualization encompasses key components such as the Mobility Management Entity (MME), Serving Gateway (SGW), Packet Data Network Gateway (PGW), and Home Subscriber Server (HSS). By deploying these functions in a virtualized environment, service providers can achieve greater scalability, reduce operational costs, and accelerate the deployment of new services. vEPC is particularly critical in the context of 4G LTE and the transition to 5G, where it supports increased data traffic and enhances network performance and flexibility.

One of the significant advantages of vEPC is its ability to support network slicing, a fundamental feature for 5G networks. Network slicing enables the creation of multiple virtual networks on a single physical infrastructure, each tailored to specific applications or services with unique performance requirements. This capability is essential for addressing the diverse needs of different use cases, from enhanced mobile broadband to ultra-reliable low-latency communications and massive machine-type communications. Additionally, vEPC facilitates the integration of edge computing, bringing computational resources closer to the end-users to reduce latency and improve the user experience. The use of software-defined networking (SDN) and network functions virtualization (NFV) in vEPC architectures further enhances network programmability and agility, allowing operators to dynamically allocate resources and optimize network performance.

The growth in the virtual evolved packet core (vEPC) market is driven by several factors. The ongoing rollout of 5G networks is a major catalyst, as vEPC provides the necessary infrastructure to support the increased data demands and new service paradigms associated with 5G. The rise in mobile data traffic, driven by the proliferation of smartphones and IoT devices, necessitates more efficient and scalable network solutions, further propelling the adoption of vEPC.  As data consumption continues to grow, the dynamic capabilities of vEPC are enabling mobile network operators to offer improved services and initiate new services without affecting QoS. Technological advancements in virtualization and cloud computing are also playing a crucial role, making it more feasible and cost-effective for service providers to deploy vEPC solutions. Furthermore, the need for improved network agility and the ability to rapidly introduce new services are compelling operators to transition to virtualized core networks. Regulatory pressures and the demand for more secure and resilient networks are additional factors contributing to market growth. These elements, combined with the continuous evolution of telecommunications technologies and the competitive landscape, are expected to drive sustained growth in the vEPC market in the coming years.

SCOPE OF STUDY:

The report analyzes the Virtual Evolved Packet Core (vEPC) market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Component (Solutions, Services); Deployment (Cloud, On-Premise); Application (LTE, VoLTE & VoWiFi; Broadband Wireless Access; IoT & M2M); End-Use (Telecom Providers, Enterprises)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.

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

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

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APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

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JAPAN
INDIA
176 OTHER COUNTRIES.

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