This statistic shows the global value of virtual evolved packet core market was valued over US$ 969.9 Mn in 2017 is anticipated to register a stable CAGR of over 36.3% during forecast period of 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Growing need for flexible and elastic networks, increasing smart phone penetration, rising number of LTE subscribers has increased the penetration and growth of virtual evolved packet core market globally. Increasing need for savings in capital expenditure (CapEx) and operational expenditure (OpEx), the adoption of virtual evolved packet core solution by enterprises is increasing. Growing consumer demand for high speed data networks for reliable connectivity and mobility has increased the demand for virtual evolved packet core solutions. The numerous advancements in networking industry such as 5G, LTE and VoLTE are expected to boost the demand for virtual evolved packet core solutions.
Virtual Evolved Packet Core (vEPC) Market: Overview
The Virtual Evolved Packet Core (vEPC) Market report provides analysis of the virtual evolved packet core (vEPC) market for the period 2016–2026, wherein the years from 2018 to 2026 is the forecast period and 2017 is considered as the base year. Data for 2016 has been included as historical information. The report covers all the trends and technologies playing a major role in the virtual evolved packet core market growth over the forecast period. It highlights the drivers, restraints and opportunities expected to influence the market growth during this period. The study provides a holistic perspective on the market’s growth in terms of revenue (in US$ Mn) across different geographical regions, namely North America, Europe, Asia Pacific, Middle East & Africa and South America. Report highlights the key trends affecting the market on a global scale. Furthermore, region wise prominent countries/regions covered in the report include - The U.S, Canada, Germany, France, the U.K., India, China, Japan, GCC, South Africa and Brazil.
This report analyzes and forecasts the market for automotive testing, inspection, and certification at the global and regional level. The market has been forecasted based on revenue (US$ Mn) from 2017 to 2025. The study includes drivers and restraints of the global virtual evolved packet core (vEPC) market. It also covers the impact of these drivers and restraints for vEPC during the forecast period.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global automotive testing, inspection, and certification market. Porter’s Five Forces model for the virtual evolved packet core (vEPC) market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, where in end-users are benchmarked based on their market size, growth rate, and general attractiveness.
Global Virtual Evolved Packet Core (vEPC) Market: Taxonomy
The report segments the market on the basis of component, deployment, end user, application and region. The component segment includes solutions and services. Services segment is further segmented into training and maintenance, installation, consulting, and others. End user segment includes telecom operators and enterprises. Application segment includes LTE, IoT & M2M, VoLTE & VoWiFi, BWA and MPN & MVNO.
Global Virtual Evolved Packet Core (vEPC) Market: Research Methodology
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, National government documents, statistical databases, and market reports, Factiva, etc.
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
Global Virtual Evolved Packet Core (vEPC) Market: Competitive Dynamics
Ericsson AB, Nokia Corporation, ZTE Corporation, Huawei Technologies Co., Ltd., Cisco Systems, Inc., Intel Corporation, NEC Corporation, Mavenir, Affirmed Networks and ng4T GmbH are some of the major players operating within the virtual evolved packet core (vEPC) market profiled in this study. Details such as financials, SWOT analysis, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling. Various players are rapidly deploying virtual evolved packet core (vEPC) to improve the network architecture and meet the growing customer demands for high speed data. Also, market players are establishing partnerships to deploy vEPC on large scale across the world in order to assist the telecom operators to cope with the traffic growth in an economical way.
Global Virtual Evolved Packet Core (vEPC) Market
Global Virtual Evolved Packet Core (vEPC) Market, By Component
Global Virtual Evolved Packet Core (vEPC) Market, By Deployment
Global Virtual Evolved Packet Core (vEPC) Market, By End User
- Telecom Operators
Global Virtual Evolved Packet Core (vEPC) Market, By Application
- IoT & M2M
- Volte & VoWiFi
- MPN & MVNO
Global Virtual Evolved Packet Core (vEPC) Market, By Region
- North America
- The U.S.
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East and Africa
- South Africa
- Rest of MEA
- South America
- Rest of South America
- North America