The global market for Virtual Evolved Packet Core (vEPC) is estimated at US$7.4 Billion in 2023 and is projected to reach US$30.6 Billion by 2030, growing at a CAGR of 22.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
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.
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.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the vEPC Solutions segment, which is expected to reach US$19.9 Billion by 2030 with a CAGR of a 21.3%. The vEPC Services segment is also set to grow at 24.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.8 Billion in 2023, and China, forecasted to grow at an impressive 25.8% CAGR to reach $3.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Virtual Evolved Packet Core (vEPC) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Virtual Evolved Packet Core (vEPC) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Virtual Evolved Packet Core (vEPC) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Cisco Systems, Inc., Fujitsu Ltd., Huawei Technologies Co., Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
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
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 375 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 7.4 Billion |
| Forecasted Market Value ( USD | $ 30.6 Billion |
| Compound Annual Growth Rate | 22.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
