TMCnet News
The global vEPC market size is expected to grow from USD 968.9 million in 2017 to USD 7,975.3 million by 2022, at a Compound Annual Growth Rate (CAGR) of 52.4 %NEW YORK, Jan. 23, 2018 /PRNewswire/ -- Rapid increase in the number of mobile Long-Term Evolution (LTE) subscribers across the globe is driving the growth of the virtualized Evolved Packet Core (vEPC) market. Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. In terms of growth rate, APAC will be growing at the highest growth rate. Mobile operators in Japan, South Korea, and China are the early adopters of the vEPC solution. For example, SK Telecom, SoftBank, and China Mobile have implemented virtualized network components on their network for VoLTE, IoT, and Machine to Machine (M2M) communication. Majority of operators and enterprises in the APAC region are still using traditional EPC solution and wave is expected to shift towards vEPC solutions. In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the vEPC market. The breakup of the profiles of the primary participants is given below: • By Company: Tier 1 – 25%, Tier 2 – 41%, and Tier 3 – 34% • By Designation: C-Level – 53%, Director Level – 43%, and Others – 4% • By Region: North America – 42%, Europe – 24%, APAC – 30%, and Rest of the World (RoW) – 4% The key vEPC vendors profiled in the report are as follows: 1. Affirmed Networks (US) 2. Ericsson (Sweden) 3. Huawei Technologies (China) 4. Mavenir (US) 5. ZTE Corporation (China) 6. Athonet (Italy) 7. Cisco Systems(US) 8. NEC Corporation (Japan) 9. Nokia Corporation (Finland) 10. Samsung (South Korea) The key innovators profiled in the report are as follows: 11. ExteNet Systems (US) 12. Telrad Networks (Israel) 13. Core Network Dynamics (Germany) Research Coverage The vEPC market has been segmented on the basis of components (solutions and services), deployment types, end-users, use cases, and regions. A detailed analysis of the key industry players has been done to provide insights into their business overview; products and services; key strategies; new product launches; partnerships, agreements, and collaborations; expansions; and competitive landscapes associated with the global vEPC market. Reasons to Buy the Report The report will help market leaders/new entrants in the following ways: • The report segments the vEPC market comprehensively and provides the closest approximations to the revenue numbers for the overall market and subsegments across different regions • The report is expected to help stakeholders understand the pulse of the market and provides the information on the key market drivers, restraints, challenges, and opportunities • The report is expected to help stakeholders understand their competitors better and gain more insights to enhance their position in the market. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers and acquisitions Read the full report: https://www.reportlinker.com/p05292515 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001
SOURCE Reportlinker 
|
View original content: