Global Virtualized Evolved Packet Core Market Size study & Forecast, by Component, By Deployment Type, By Network, By End-User and Regional Analysis, 2022-2029

Description

List of Tables

Global Virtualized Evolved Packet Core Market is valued at approximately USD 4.79 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 22.8% over the forecast period 2022-2029. Virtualized Evolved Packet Core refers to a framework utilized for virtualizing the functions required to converge voice and data on 4G Long-Term Evolution (LTE) and 5G networks. vEPC moves the core network's individual components that traditionally run-on dedicated hardware to software platforms. Through virtualizing evolved packet core (EPC) telecom operators can reduce their capital & operating expenditures as well as can customize networks as per the requirements of individual customers. The increasing mobile network data traffic and growing penetration of IoT connected devices as well as strategic initiatives from leading market players are key factors accelerating the market growth.

According to Statista - in 2019, global mobile data traffic was estimated at 28.56 exabytes per month, and the mobile data traffic further increased to 77.49 exabytes per month in 2022. Moreover, another key factor driving the market is increasing penetration of IoT connected devices. For instance, according to Statista - in 2020, the total number of Internet of Things (IoT) devices worldwide were estimated at 9.7 billion, and the number of IoT devices is projected to grow to 29 billion by 2030. Also growing emergence of 5G services worldwide and increasing advancements in Machine-to-Machine (M2M) communication networks would create lucrative growth prospectus for the market over the forecast period. However, lack of awareness and resources to shift toward virtualization and rising concern over cyber security impede the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Virtualized Evolved Packet Core Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to presence of leading market players and growing investment in5G infrastructure in the region. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising penetration of smartphone subscribers and IoT devices coupled with increasing deployment of 4G and 5G networks in the region.

Major market players included in this report are:

Cisco Systems Inc.

Telefonaktiebolaget LM Ericsson

NEC Corporation

Mavenir

ZTE Corporation

Red Hat Inc.

Nokia Corporation

Huawei Technologies Ltd.

Affirmed Solutions Inc.

Samsung Electronics Ltd.

Recent Developments in the Market:

In February 2020, Latin America based Millicom, a provider of cable and mobile services, partnered with Affirmed Networks for virtual Evolved Packet Core solution. Under this partnership, Millicom would deploy Affirmed's virtual Evolved Packet Core (vEPC) solution on VMware's vCloud NFV platform, for the rollout of new mobile and Wi-Fi services in the North American region.
In August 2020, Taiwanese mobile operator Asia Pacific Telecom (APT) announced selection of Finland based Nokia as the single vendor for 5G New Radio (NR). Under this partnership, Nokia would provide its AirScale Radio Access solutions. Moreover, Nokia would also deploy its cloud-native Cloud Mobile Gateway (CMG) and Cloud Mobility Manager (CMM) appliance solutions from its Cloud Packet Core (CPC) portfolio.

Global Virtualized Evolved Packet Core Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Component, Deployment Type, Network, End-User, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Solution

Services

By Deployment Type:

Cloud

On-premises

By Network:

5G Network

4G Network

By End-User:

Telecom Operators

Enterprise

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Virtualized Evolved Packet Core Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Virtualized Evolved Packet Core Market, by Component, 2019-2029 (USD Billion)
- 1.2.3. Virtualized Evolved Packet Core Market, by Deployment Type, 2019-2029 (USD Billion)
- 1.2.4. Virtualized Evolved Packet Core Market, by Network, 2019-2029 (USD Billion)
- 1.2.5. Virtualized Evolved Packet Core Market, by End-User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Virtualized Evolved Packet Core Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Virtualized Evolved Packet Core Market Dynamics

3.1. Virtualized Evolved Packet Core Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing mobile network data traffic
  - 3.1.1.2. Growing penetration of IoT connected devices
  - 3.1.1.3. Strategic initiatives from leading market players
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of awareness and resources to shift toward virtualization
  - 3.1.2.2. Rising concern over cyber security
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing emergence of 5G services worldwide
  - 3.1.3.2. Increasing advancements in Machine-to-Machine (M2M) communication networks

Chapter 4. Global Virtualized Evolved Packet Core Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Virtualized Evolved Packet Core Market, by Component

6.1. Market Snapshot
6.2. Global Virtualized Evolved Packet Core Market by Component, Performance - Potential Analysis
6.3. Global Virtualized Evolved Packet Core Market Estimates & Forecasts by Component, 2019-2029 (USD Billion)
6.4. Virtualized Evolved Packet Core Market, Sub Segment Analysis
- 6.4.1. Solution
- 6.4.2. Services

Chapter 7. Global Virtualized Evolved Packet Core Market, by Deployment Type

7.1. Market Snapshot
7.2. Global Virtualized Evolved Packet Core Market by Deployment Type, Performance - Potential Analysis
7.3. Global Virtualized Evolved Packet Core Market Estimates & Forecasts by Deployment Type, 2019-2029 (USD Billion)
7.4. Virtualized Evolved Packet Core Market, Sub Segment Analysis
- 7.4.1. Cloud
- 7.4.2. On-premises

Chapter 8. Global Virtualized Evolved Packet Core Market, by Network

8.1. Market Snapshot
8.2. Global Virtualized Evolved Packet Core Market by Network, Performance - Potential Analysis
8.3. Global Virtualized Evolved Packet Core Market Estimates & Forecasts by Network, 2019-2029 (USD Billion)
8.4. Virtualized Evolved Packet Core Market, Sub Segment Analysis
- 8.4.1. 5G Network
- 8.4.2. 4G Network

Chapter 9. Global Virtualized Evolved Packet Core Market, by End-User

9.1. Market Snapshot
9.2. Global Virtualized Evolved Packet Core Market by End-User, Performance - Potential Analysis
9.3. Global Virtualized Evolved Packet Core Market Estimates & Forecasts by End-User, 2019-2029 (USD Billion)
9.4. Virtualized Evolved Packet Core Market, Sub Segment Analysis
- 9.4.1. Telecom Operators
- 9.4.2. Enterprise

Chapter 10. Global Virtualized Evolved Packet Core Market, Regional Analysis

10.1. Virtualized Evolved Packet Core Market, Regional Market Snapshot
10.2. North America Virtualized Evolved Packet Core Market
- 10.2.1. U.S. Virtualized Evolved Packet Core Market
  - 10.2.1.1. Component breakdown estimates & forecasts, 2019-2029
  - 10.2.1.2. Deployment Type breakdown estimates & forecasts, 2019-2029
  - 10.2.1.3. Network breakdown estimates & forecasts, 2019-2029
  - 10.2.1.4. End-User breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Virtualized Evolved Packet Core Market
10.3. Europe Virtualized Evolved Packet Core Market Snapshot
- 10.3.1. U.K. Virtualized Evolved Packet Core Market
- 10.3.2. Germany Virtualized Evolved Packet Core Market
- 10.3.3. France Virtualized Evolved Packet Core Market
- 10.3.4. Spain Virtualized Evolved Packet Core Market
- 10.3.5. Italy Virtualized Evolved Packet Core Market
- 10.3.6. Rest of Europe Virtualized Evolved Packet Core Market
10.4. Asia-Pacific Virtualized Evolved Packet Core Market Snapshot
- 10.4.1. China Virtualized Evolved Packet Core Market
- 10.4.2. India Virtualized Evolved Packet Core Market
- 10.4.3. Japan Virtualized Evolved Packet Core Market
- 10.4.4. Australia Virtualized Evolved Packet Core Market
- 10.4.5. South Korea Virtualized Evolved Packet Core Market
- 10.4.6. Rest of Asia Pacific Virtualized Evolved Packet Core Market
10.5. Latin America Virtualized Evolved Packet Core Market Snapshot
- 10.5.1. Brazil Virtualized Evolved Packet Core Market
- 10.5.2. Mexico Virtualized Evolved Packet Core Market
10.6. Rest of The World Virtualized Evolved Packet Core Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. Cisco Systems Inc.
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Telefonaktiebolaget LM Ericsson
- 11.2.3. NEC Corporation
- 11.2.4. Mavenir
- 11.2.5. ZTE Corporation
- 11.2.6. Red Hat Inc.
- 11.2.7. Nokia Corporation
- 11.2.8. Huawei Technologies Ltd.
- 11.2.9. Affirmed Solutions Inc.
- 11.2.10. Samsung Electronics Ltd.

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Virtualized Evolved Packet Core Market, report scope
TABLE 2. Global Virtualized Evolved Packet Core Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Virtualized Evolved Packet Core Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 4. Global Virtualized Evolved Packet Core Market estimates & forecasts by Deployment Type 2019-2029 (USD Billion)
TABLE 5. Global Virtualized Evolved Packet Core Market estimates & forecasts by Network 2019-2029 (USD Billion)
TABLE 6. Global Virtualized Evolved Packet Core Market estimates & forecasts by End-User 2019-2029 (USD Billion)
TABLE 7. Global Virtualized Evolved Packet Core Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Virtualized Evolved Packet Core Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Virtualized Evolved Packet Core Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Virtualized Evolved Packet Core Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Virtualized Evolved Packet Core Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Virtualized Evolved Packet Core Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Virtualized Evolved Packet Core Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Virtualized Evolved Packet Core Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Virtualized Evolved Packet Core Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Virtualized Evolved Packet Core Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Virtualized Evolved Packet Core Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Virtualized Evolved Packet Core Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Virtualized Evolved Packet Core Market
TABLE 72. List of primary sources, used in the study of global Virtualized Evolved Packet Core Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Virtualized Evolved Packet Core Market, research methodology
FIG 2. Global Virtualized Evolved Packet Core Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Virtualized Evolved Packet Core Market, key trends 2021
FIG 5. Global Virtualized Evolved Packet Core Market, growth prospects 2022-2029
FIG 6. Global Virtualized Evolved Packet Core Market, porters 5 force model
FIG 7. Global Virtualized Evolved Packet Core Market, pest analysis
FIG 8. Global Virtualized Evolved Packet Core Market, value chain analysis
FIG 9. Global Virtualized Evolved Packet Core Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Virtualized Evolved Packet Core Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Virtualized Evolved Packet Core Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Virtualized Evolved Packet Core Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Virtualized Evolved Packet Core Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Virtualized Evolved Packet Core Market, regional snapshot 2019 & 2029
FIG 15. North America Virtualized Evolved Packet Core Market 2019 & 2029 (USD Billion)
FIG 16. Europe Virtualized Evolved Packet Core Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Virtualized Evolved Packet Core Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Virtualized Evolved Packet Core Market 2019 & 2029 (USD Billion)
FIG 19. Global Virtualized Evolved Packet Core Market, company Market share analysis (2021)