Virtualized Evolved Packet Core (vEPC) Market | Increasing Demand for VoLTE to Upheave Growth Through 2024 | Technavio
Set to grow by USD 17.51 billion during 2020-2024, Technavio's latest market research report estimates the virtualized evolved packet core (vEPC) market to register a CAGR of almost 56%. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Virtualized Evolved Packet Core (vEPC) Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Affirmed Networks, Athonet Srl, Cisco Systems Inc., Huawei Investment & Holding Co. Ltd., Mavenir Systems Inc., NEC Corp., Nokia (News - Alert) Corp., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, and ZTE Corp. are some of the major market participants. The rising use of multimedia services will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Virtualized Evolved Packet Core (vEPC) Market 2020-2024: Segmentation
Virtualized Evolved Packet Core (vEPC) Market is segmented as below:
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Virtualized Evolved Packet Core (vEPC) Market 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, the virtualized evolved packet core (vEPC) market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Affirmed Networks, Athonet Srl, Cisco Systems Inc., Huawei (News - Alert) Investment & Holding Co. Ltd., Mavenir Systems Inc., NEC Corp., Nokia Corp., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, and ZTE Corp.
The report also covers the following areas:
Market trends such as the increased demand for VoLTE are likely to emerge as one of the primary drivers of the market. However, factors such as complications associated with the deployment of vEPC as a solution may threaten the growth of the market.
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Backed with competitive intelligence and benchmarking, our research reports on the virtualized evolved packet core (vEPC) market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Virtualized Evolved Packet Core (vEPC) Market 2020-2024: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Application
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