Global Virtualized Evolved Packet Core Market 2021-2026 in-depth study accumulated to supply latest insights concerning acute options. The report contains different predictions associated with Virtualized Evolved Packet Core market size, revenue, production, CAGR, consumption, profit margin, price, and different substantial factors. Whereas accentuation the key driving and Virtualized Evolved Packet Core restraining forces for this market, the report offers trends and developments. It additionally examines the role of the leading Virtualized Evolved Packet Core market players concerned within the business together with their company summary, monetary outline and SWOT analysis.
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Key Players
The report has included a profiling of notable vendors prevalent in the market. It also includes a study of the strategical steps undertaken by these key players to either retain their market share or to expand and capture larger shares.
Major Players Covered in Virtualized Evolved Packet Core Market Report are: Nokia Corporation (Finland), Cisco System Inc. (US), Huawei Technologies Co. Ltd. (China), NEC Corporation (Japan), Ericsson AB (Sweden), SAMSUNG (South Korea), ZTE Corporation (China), Mitel Networks Corporation (US), Affirmed Networks (US), Athonet S.R.L.(Italy) among other players.
Market Dynamics
The global Virtualized Evolved Packet Core market report inculcates a detailed study regarding different factors that are affecting the growth trajectory of the market. These dynamics inculcate factors that are propelling the growth of the market during the forecast period. Further, it also includes the factors that are poised to challenge such growth of the market during the same estimate period. These factors are helping the market research experts with unveiling various hidden trends that are influencing the growth trail of the global Virtualized Evolved Packet Core market.
Market Segmentation
The report titled ‘global Virtualized Evolved Packet Core market’ includes a segmentation of the market that has enabled a specific preview of the market for that relevant segment. This allows the researchers to provide detailed information regarding specific segments to relevant audience to this report and facilitate better decision-making. Some common aspects based on which this segmentation is conducted include type, industry, end-user, distribution channel, components, services, and region. The regional analysis has been conducted for the segmentation of North America, Asia Pacific, South America, Europe, and the Middle East & Africa. This regional segmentation has supported a regional market study to enable better decision-making for readers belonging to these regions or readers interested in relevant regions.
Research Methodology
The global Virtualized Evolved Packet Core market is analyzed using Porter’s Five Force Model to gain precise insights in the same. Further, a detailed SWOT analysis is also done to provide a comprehensive view of the market landscape.
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Virtualized Evolved Packet Core Market Report Provides Comprehensive Analysis on Following:
- COVID-19 Impact Analysis & Post COVID-19 Revenue Opportunities
- Virtualized Evolved Packet Core Industry Insights and Growth – Relevancy Mapping
- Market Forecast – Estimation & Approach
- Data mining & efficiency
- Interconnectivity & Related markets
- Market Competition Outlook & Key Statistics
- Strategic Analysis for Cost Optimization
- Virtualized Evolved Packet Core Market Dynamics (DROC & PEST Analysis)
- Virtualized Evolved Packet Core Market Key Trends
- KOL Recommendations & Investment Landscape
- Company Competitive Intelligence
Global Virtualized Evolved Packet Core MarketThe GMI Research forecasts that the Virtualized Evolved Packet Core Market is witnessing an upsurge in demand over the forecast period.
This is mainly due to the the growing awareness related to the various advantages, including network cost reduction and better network architecture adaptability.Introduction of the Virtualized Evolved Packet Core MarketVirtualized evolved packet core solutions implies the structure that assists in virtualizing the functions offered to assemble a voice and data 4G network.
The vPEC moves components of the core network to software that runs on low cost commercial off-the-shelf servers.Key Players of the Global Virtualized Evolved Packet Core Market:Telefonaktiebolaget LM EricssonNokiaCISCOMavenirCumucoreHuawei Technologies Co., Ltd.ZTEAffirmed NetworksSAMSUNGAthonet srlVirtualized Evolved Packet Core Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)The crucial driver responsible for the stimulation of the global virtualized evolved packet core market is the augmenting mobile network data traffic throughout the world.
In accordance with the report published by Ericsson Mobility, the comprehensive mobile data traffic is expected to reach approximately 51 Exabytes per month by the end of 2020 and is forecasted to touch 226EB per month by 2026.
Furthermore, the amplifying consciousness associated with several beneficial features offered by them, including improved and quick delivery services, enhanced network architecture flexibility, cost reduction, and raised automation.
However, the escalation apprehension concerned with safety and security will hamper the virtualized evolved packet core market size.Virtualized Evolved Packet Core Market Segmentation:Segmentation by ComponentSolutionsServicesSegmentation by Deployment ModeOn-PremisesCloudSegmentation by Network Type4G Network5G NetworkSegmentation by End UserTelecom OperatorsEnterprisesSegmentation by ApplicationLTE, VOLTE, and VOWi-FiBroadband wireless accessIOT and M2MSegmentation by Region:North AmericaUnited States of AmericaCanadaAsia PacificChinaJapanIndiaRest of APACEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAERest of the world (remaining countries of the LAMEA region)About GMI ResearchGMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations.
The report "Virtualized Evolved Packet Core Market by Component (Solutions and Services(Professional and Managed)),Deployment Model (Cloud, On-premises),Network Type(4G and 5G) End User(Telecom operators, Enterprises)and Region - Global Forecast to 2026", size is expected to grow from USD 3.9 billion in 2020 to USD 13.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period..
The vEPC market is gaining traction due to its cloud native architecture that will improve the modularity of products with greater emphasize on low latency, and higher bandwidth.The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video, and the shift of business toward the use of cloud services.
The commercialization of 5G services in enterprises such as private 5G and availability of unlicensed and shared spectrum in the globe are expected to shape the future of the vEPC market.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=45409339Services segment to grow at the highest CAGR during the forecast periodServices play a vital role in the deployment and integration of next-generation networking solutions in an enterprise’s business environment.
Services are considered an important component of the vEPC market, as they majorly focus on improving the business processes and optimizing the enterprise’s network.
Services are considered as the backbone of vEPC, as they are instrumental in fulfilling the clients’ requirements, such as network testing, planning and optimization, support and maintenance, and consulting.Cloud mode of deployment is expected to grow at the highest CAGR during the forecast periodCloud mode of deployment is expected to ehibit a higher CAGR during the forecast period.vEPC is a cloud-native next-generation virtualized core network architecture.
With cloud-based technologies, end users can better leverage the business to the cloud or migrate it to the cloud platform for efficient and continuous service capabilities.
Market HighlightsMarket Research Future (MRFR) has revealed in its latest study that the global Virtualized Evolved Packet Core Market Research is set to proliferate exponentially at 51.7% CAGR during the forecast period 2018 to 2023.
The advancement in technologies such as 5G, IoT, and M2M have opened avenues of growth opportunities for the market players.
By component, the vEPC market has been segmented into solution and services.
The solutions segment has been further sub-segmented into Mobility Management Entity (MME), Home Subscriber Server (HSS), Server Gateway (SGW), Packet Data Network Gateway (PDN GW), and others Among these, the services segment is anticipated to garner massive traction over the forecast period.
Meanwhile, the on-cloud segment is estimated to register a relatively higher CAGR of 60.3% over 2023.By use case, the market has been segmented into broadband wireless access (BWA), LTE & VoLTE, IoT & M2M, and MNO & MVNO.
Regional Outlook:On the basis of region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Global Virtualized Evolved Packet Core Market Research Report– By Component (Solution, Services), By Deployment (On-Cloud, On-Premise), By Use Case (Lte, Iot And M2m, Mpn And Mvno), By End-Users (Enterprises, Telecom Operators) – Forecast Till 2023 Market Synopsis:In the area of 4G LTE (Long Term Evolution) networks, there is a necessity for virtualizing the core functions to combine voice and data networks.
VEPC helps in lowering operational and capital expenditures by minimizing dependency on hardware and by increasing speed service delivery.
The solutions are mobility management entity (MME), home subscriber server (HSS), server gateway (SGW), packet data network gateway (PDN GW) and others.
The services are further classified into professional services and managed services.
On the basis of use case, the segment is further classified into broad band wireless access (BWA), LTE & VOLTE, IoT & M2M, MPN & MVNO and others.
Regional AnalysisNorth America holds the largest market share for global Virtual Evolved Packet Core Market.
