Global Virtualized Evolved Packet Core (vEPC) Market Size, Share, Report 2032

According to a recent study by Market Research Store, the global virtualized evolved packet core (vEPC) market size was valued at approximately USD 3.52 Billion in 2024. The market is projected to grow significantly, reaching USD 8.79 Billion by 2032, growing at a compound annual growth rate (CAGR) of 12.1% during the forecast period from 2024 to 2032. The report highlights key growth drivers such as rising demand, technological advancements, and expanding applications. It also outlines potential challenges like regulatory changes and market competition, while emphasizing emerging opportunities for innovation and investment in the virtualized evolved packet core (vEPC) industry.

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Virtualized Evolved Packet Core (vEPC) Market: Overview

The growth of the virtualized evolved packet core (vEPC) market is fueled by rising global demand across various industries and applications. The report highlights lucrative opportunities, analyzing cost structures, key segments, emerging trends, regional dynamics, and advancements by leading players to provide comprehensive market insights. The virtualized evolved packet core (vEPC) market report offers a detailed industry analysis from 2024 to 2032, combining quantitative and qualitative insights. It examines key factors such as pricing, market penetration, GDP impact, industry dynamics, major players, consumer behavior, and socio-economic conditions. Structured into multiple sections, the report provides a comprehensive perspective on the market from all angles.

Key sections of the virtualized evolved packet core (vEPC) market report include market segments, outlook, competitive landscape, and company profiles. Market Segments offer in-depth details based on Component Type, Deployment Type, Network Type, Application, End-User Industry, and other relevant classifications to support strategic marketing initiatives. Market Outlook thoroughly analyzes market trends, growth drivers, restraints, opportunities, challenges, Porter’s Five Forces framework, macroeconomic factors, value chain analysis, and pricing trends shaping the market now and in the future. The Competitive Landscape and Company Profiles section highlights major players, their strategies, and market positioning to guide investment and business decisions. The report also identifies innovation trends, new business opportunities, and investment prospects for the forecast period.

Key Highlights:

• As per the analysis shared by our research analyst, the global virtualized evolved packet core (vEPC) market is estimated to grow annually at a CAGR of around 12.1% over the forecast period (2024-2032).
• In terms of revenue, the global virtualized evolved packet core (vEPC) market size was valued at around USD 3.52 Billion in 2024 and is projected to reach USD 8.79 Billion by 2032.
• The market is projected to grow at a significant rate due to Increasing adoption of NFV and virtualized network architectures, growing demand for efficient mobile core networks, and rising focus on 4G/5G convergence are driving the Virtualized Evolved Packet Core (vEPC) market.
• Based on the Component Type, the Control Plane segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• On the basis of Deployment Type, the On-Premises Deployment segment is anticipated to command the largest market share.
• In terms of Network Type, the 4G LTE Networks segment is projected to lead the global market.
• By Application, the Mobile Broadband Services segment is predicted to dominate the global market.
• Based on the End-User Industry, the Telecommunications segment is expected to swipe the largest market share.
• Based on region, North America is projected to dominate the global market during the forecast period.

Virtualized Evolved Packet Core (vEPC) Market: Report Scope

This report thoroughly analyzes the virtualized evolved packet core (vEPC) market, exploring its historical trends, current state, and future projections. The market estimates presented result from a robust research methodology, incorporating primary research, secondary sources, and expert opinions. These estimates are influenced by the prevailing market dynamics as well as key economic, social, and political factors. Furthermore, the report considers the impact of regulations, government expenditures, and advancements in research and development on the market. Both positive and negative shifts are evaluated to ensure a comprehensive and accurate market outlook.

Virtualized Evolved Packet Core (vEPC) Market: Dynamics

Key Growth Drivers :

The Virtualized Evolved Packet Core (vEPC) market is experiencing significant growth, primarily driven by the imperative for telecommunication operators to enhance network agility, reduce operational expenditures (OpEx), and support the burgeoning demands of 5G and IoT. vEPC leverages network function virtualization (NFV) to deploy core network functions as software on standard servers, offering greater flexibility, scalability, and faster service deployment compared to traditional hardware-centric EPCs. The increasing mobile data traffic, the need for dynamic network slicing for various services, and the push for edge computing to reduce latency further fuel the adoption of vEPC solutions by MNOs and MVNOs seeking to optimize their network infrastructure.

Restraints :

Despite the strong growth drivers, the Virtualized Evolved Packet Core (vEPC) market faces several restraints. One major challenge is the complexity associated with migrating from traditional hardware-based EPCs to virtualized environments. This transition often requires significant upfront investment in new software licenses, hardware infrastructure for virtualization, and extensive training for network engineers. Interoperability issues between different vendors' virtualized network functions (VNFs) and existing legacy systems can also pose a significant hurdle. Additionally, concerns regarding the security of virtualized networks, including potential new attack vectors and the integrity of VNFs, can act as a restraint for some operators.

Opportunities :

The Virtualized Evolved Packet Core (vEPC) market presents several promising opportunities for innovation and expansion. The global rollout of 5G networks is a primary driver, as vEPC is foundational for supporting 5G's key features like network slicing, ultra-low latency, and massive machine-type communications. The burgeoning IoT market, requiring scalable and efficient connectivity for billions of devices, also offers a significant opportunity for vEPC solutions at the network edge. Furthermore, the development of intelligent, AI-powered automation and orchestration platforms for vEPC can further enhance operational efficiency, reduce human intervention, and optimize resource allocation, creating new value propositions for operators.

Challenges :

The Virtualized Evolved Packet Core (vEPC) market is confronted by several challenges that manufacturers and telecommunication operators must navigate. Ensuring high performance and maintaining quality of service (QoS) in a fully virtualized environment, especially under heavy traffic loads, can be technically demanding. The need for robust orchestration and management systems to effectively deploy, scale, and manage VNFs from multiple vendors is critical, yet complex to implement. Intense competition among a growing number of vendors offering vEPC solutions puts pressure on pricing and demands continuous innovation to differentiate products. Moreover, the shortage of skilled personnel with expertise in NFV, SDN (Software-Defined Networking), and cloud-native technologies can hinder the efficient deployment and operation of vEPC networks.

Virtualized Evolved Packet Core (vEPC) Market: Segmentation Insights

The global virtualized evolved packet core (vEPC) market is segmented based on Component Type, Deployment Type, Network Type, Application, End-User Industry, and Region. All the segments of the virtualized evolved packet core (vEPC) market have been analyzed based on present & future trends and the market is estimated from 2024 to 2032.

Based on Component Type, the global virtualized evolved packet core (vEPC) market is divided into Control Plane, User Plane, Management Plane.

On the basis of Deployment Type, the global virtualized evolved packet core (vEPC) market is bifurcated into On-Premises Deployment, Cloud-Based Deployment, Hybrid Deployment.

In terms of Network Type, the global virtualized evolved packet core (vEPC) market is categorized into 4G LTE Networks, 5G Networks, Fixed Wireless Networks.

Based on Application, the global virtualized evolved packet core (vEPC) market is split into Mobile Broadband Services, Fixed Mobile Convergence, Machine-to-Machine (M2M) Communication.

By End-User Industry, the global virtualized evolved packet core (vEPC) market is divided into Telecommunications, Healthcare, Transportation and Logistics, Public Safety, Smart Cities and Infrastructure.

Virtualized Evolved Packet Core (vEPC) Market: Regional Insights

The global Virtualized Evolved Packet Core (vEPC) market, valued at approximately USD 9.9 billion in 2024, is projected to reach USD 27.8 billion by 2030, expanding at a CAGR of 18.8%. Asia-Pacific dominates the regional landscape, capturing over 35% market share due to rapid 5G deployments exceeding 1 million base stations in China alone, surging mobile data traffic from IoT and smartphone penetration surpassing 80% in urban areas, and substantial infrastructure investments over USD 100 billion annually by operators like Huawei and China Mobile, outpacing North America's 40% share driven by advanced telecom R&D and Europe's 15% amid network modernization initiatives.

Virtualized Evolved Packet Core (vEPC) Market: Competitive Landscape

The virtualized evolved packet core (vEPC) market Report offers a thorough analysis of both established and emerging players within the market. It includes a detailed list of key companies, categorized based on the types of products they offer and other relevant factors. The report also highlights the market entry year for each player, providing further context for the research analysis.

The "Global Virtualized Evolved Packet Core (vEPC) Market" study offers valuable insights, focusing on the global market landscape, with an emphasis on major industry players such as;

• Affirmed Networks
• Ericsson
• Huawei Technologies
• Mavenir
• ZTE
• Cisco Systems
• NEC
• Nokia
• Samsung
• Athonet Srl
• Core Network Dynamics
• ExteNet Systems

The Global Virtualized Evolved Packet Core (vEPC) Market is Segmented as Follows:

By Component Type

• Control Plane
• User Plane
• Management Plane

By Deployment Type

• On-Premises Deployment
• Cloud-Based Deployment
• Hybrid Deployment

By Network Type

• 4G LTE Networks
• 5G Networks
• Fixed Wireless Networks

By Application

• Mobile Broadband Services
• Fixed Mobile Convergence
• Machine-to-Machine (M2M) Communication

By End-User Industry

• Telecommunications
• Healthcare
• Transportation and Logistics
• Public Safety
• Smart Cities and Infrastructure

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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