Research and Markets Adds Report: The Global Wireless Packet Core Market to Grow at a CAGR Of 15.54 Percent Over the Period 2012-2016
Apr 17, 2013 (Close-Up Media via COMTEX) --
Research and Markets has announced the addition of the "Global Wireless Packet Core Market 2012-2016" report to its offerings.
In a release, Research and Markets noted that report highlights include:
According to the company, one of the key factors contributing to this market growth is the increasing usage of data services. The Global Wireless Packet Core market has also been witnessing the growing popularity of next generation wireless networks in emerging countries. However, occurrences of packet loss could pose a challenge to the growth of this market.
Key vendors dominating this space include Ericsson Inc., Huawei Technologies Co. Ltd., Cisco Systems Inc., and Juniper Networks Inc.
Other vendors mentioned in the report are Alcatel-Lucent, Nokia Siemens Networks, ZTE Corp., NEC Corp., Fujitsu Ltd., Adva Optical Networking SE, Ceragon Networks Ltd, and ECI Telecom Ltd.
Commenting on the report, an analyst from TechNavio's Networking team said: ''The growing popularity of next-generation wireless networks in emerging countries is the main trend being witnessed in the market.
While wired broadband needs time to achieve market penetration, wireless networks are relatively easier to deploy. Countries in Latin America, the APAC region, and in the Middle East and Africa are increasingly adopting wireless networks, which is encouraging network operators adopting wireless packet core solutions. Hence, the growing popularity of wireless broadband solutions such as HSPA and HSPA+ has led to the increased adoption of wireless packet core solutions.''
According to the report, one of the main factors driving the demand for wireless packet core solutions is the increasing use of data services. Since the use of data services such as video streaming, file sharing, and IPTV is increasing, it has become very important for service providers to ensure network scalability so that they can support such services by offering adequate bandwidth.
Further, the report states that one of the main challenges is the occurrences of packet loss in wireless networks. Wireless connections are not as efficient as wired connections and often suffer from packet loss.
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