TMCnet News
Global Virtualized Evolved Packet Core Market (2020 to 2026) - Building 5G-Ready Mobile Networks Presents OpportunitiesDUBLIN, Feb. 18, 2021 /PRNewswire/ -- The "Global Virtualized Evolved Packet Core (vEPC) Market by Component (Solutions & Services (Professional & Managed)), Deployment Model (Cloud, On-premises), Network Type (4G & 5G) End-user (Telecom Operators, Enterprises) and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering. The Global Virtualized Evolved Packet Core (vEPC) Market is expected to grow from USD 3.9 billion in 2020 to USD 13.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period. The vEPC market is gaining traction due to the evolution of cellular network technology, which has offered higher data speeds and lower latency. The vEPC market is gaining traction due to its cloud native and virtual machine based architecture that will improve the modularity of products. Managed services segment is expected to grow at the highest CAGR during the forecast period Managed services in the vEPC market outsource a complete network or a part of it on a proactive management basis to improve the network operations and reduce the organizational expenses. These services outsource solutions related to network security, and storage, desktop, server, hosting, applications, and mobile device management. As the vEPC market is in its initial phase of NSA deployment of 5G network, most vendors are not capable of providing a NSA solution and its associate services to the customers. This enforces them to manage a few of the services from vendors who are experts in providing those to deliver the required services to the customers. Enterprises segment to grow at the highest CAGR during the forecast period Enterprises are undergoing digital transformation across different industries. Businesses are in various stages of implementing new technologies to develop new solutions, improve service delivery, increase operational efficiency, reduce cost, gain competitive advantage, and meet rising customer expectations. 5G will soon make it into the list of technologies enterprise will consider, with NSA 5G solutions that will enable various new industrial applications, such as robotics, big data analytics, IIoT and AR/VR in engineering and design, as well as new ways to provide remote support and training. Asia-Pacific (APAC) region to record the highest growing region in the vEPC market APAC has several growing economies, such as China, Australia and Japan, which are expected to register high growth in the vEPC market. These countries have always supported and promoted industrial and technological growth. In addition, they possess a developed technological infrastructure, which is promoting the adoption of vEPC solutions across all industry verticals. The network market in APAC is driven by the growing acceptance of cloud-based solutions, emerging technologies such as the IoT, and big data analytics and mobility. APAC is one of the biggest markets for connected devices. Key Topics Covered: 1 Introduction 3 Executive Summary 4 Premium Insights 4.4 Market in Asia-Pacific, by Component and Deployment Model 5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Increasing LTE Mobile Subscriber and Penetration of Smartphones 5.2.1.2 Increasing Mobile Network Data Traffic 5.2.1.3 Need for Lower OpEx and CapEx 5.2.1.4 Cloud-Native and Service-Based Architecture 5.2.1.5 Differentiated 4G Services Via Network Slicing 5.2.2 Restraints 5.2.2.1 Raising Security Concerns 5.2.2.2 Transiting from the Legacy Infrastructure to Virtualized Infrastructure 5.2.3 Opportunities 5.2.3.1 Significant Opportunities for MNOs to Participate in the Growth of IoT Market 5.2.3.2 Building 5G-Ready Mobile Networks 5.2.4 Challenges 5.2.4.1 Lack of Skilled Workforce 5.2.4.2 Integrating vEPC with Existing Mobile Core and Back Office Systems 5.3 Case Study Analysis 5.3.1 Huawei 5.3.2 NEC 5.3.3 Cisco 5.3.4 Ericsson 5.3.5 Orange Egypt 5.4 Technology Analysis 5.5 Regulatory Implications 5.6 Value Chain Analysis 5.7 Ecosystem 5.8 Patent Analysis 5.9 Pricing Analysis 5.10 COVID-19 Market Outlook for vEPC 5.11 Porter's Five Forces Model 6 vEPC Market, by Component 6.1 Introduction 6.1.1 Components: Market Drivers 6.1.2 Components: COVID-19 Impact on Market 6.2 Solutions 6.3 Services 7 vEPC Market, by Solution 7.1 Introduction 7.1.1 Solutions: Market Drivers 7.1.2 Solutions: COVID-19 Impact on Market 7.2 Solutions 7.2.1 Mobility Management Entity 7.2.2 Home Subscriber Server 7.2.3 Serving Gateway 7.2.4 Packet Data Network Gateway 8 vEPC Market, by Service 8.1 Introduction 8.1.1 Services: Market Drivers 8.1.2 Services: COVID-19 Impact on Market 8.2 Professional Services 8.2.1 Consulting 8.2.2 Integration and Deployment 8.2.3 Training and Support 8.3 Managed Services 9 vEPC Market, by Deployment Model 9.1 Introduction 9.1.1 Deployment Model: Market Drivers 9.1.2 Deployment Model: COVID-19 Impact on Market 9.2 On-Premises 9.3 Cloud 10 vEPC Market, by Network Type 10.1 Introduction 10.1.1 Network Types: Market Drivers 10.1.2 Network Types: COVID-19 Impact on Market 10.2 4G Network 10.3 5G Network 11 vEPC Market, by End-user 11.1 Introduction 11.1.1 End-users: Market Drivers 11.1.2 End-users: COVID-19 Impact on Market 11.2 Telecom Operators 11.3 Enterprises 12 vEPC Market, by Application 12.1 Introduction 12.1.1 Applications: Market Drivers 12.1.2 Applications: COVID-19 Impact on Market 12.2 LTE, VoLTE, and VoWi-Fi 12.3 Broadband Wireless Access 12.4 IoT and M2M 13 vEPC Market, by Region 13.1 Introduction 13.2 North America 13.2.1 North America: Market Drivers 13.2.2 North America: COVID-19 Impact 13.2.3 United States 13.2.3.1 United States: Regulatory Norms 13.2.4 Canada 13.2.4.1 Canada: Regulatory Norms 13.3 Europe 13.3.1 Europe: vEPC Market Drivers 13.3.2 Europe: COVID-19 Impact 13.3.3 United Kingdom 13.3.3.1 United Kingdom: Regulatory Norms 13.3.4 Germany 13.3.4.1 Germany: Regulatory Norms 13.3.5 Rest of Europe 13.4 Asia-Pacific 13.4.1 Asia-Pacific: vEPC Market Drivers 13.4.2 Asia-Pacific: COVID-19 Impact 13.4.3 China 13.4.3.1 China: Regulatory Norms 13.4.4 Japan 13.4.4.1 Japan: Regulatory Norms 13.4.5 Australia 13.4.5.1 Australia: Regulatory Norms 13.4.6 South Korea 13.4.6.1 South Korea: Regulatory Norms 13.4.7 Rest of Asia-Pacific 13.5 Middle East and Africa 13.5.1 Middle East and Africa: vEPC Market Drivers 13.5.2 Middle East and Africa: COVID-19 Impact 13.5.3 Kingdom of Saudi Arabia 13.5.3.1 Kingdom of Saudi Arabia: Regulatory Norms 13.5.4 United Arab Emirates 13.5.5 South Africa 13.5.5.1 South Africa: Regulatory Norms 13.5.6 Rest of Middle East and Africa 13.6 Latin America 13.6.1 Latin America: vEPC Market Drivers 13.6.2 Latin America: COVID-19 Impact 13.6.3 Brazil 13.6.3.1 Brazil: Regulatory Norms 13.6.4 Mexico 13.6.4.1 Mexico: Regulatory Norms 13.6.5 Rest of Latin America 14 Competitive Landscape 14.1 Introduction 14.2 Market Evaluation Framework 14.3 Revenue Analysis of Top Market Players 14.4 Market Share Analysis 14.4.1 Introduction 14.5 Ranking of Key Players in vEPC Market, 2020 14.6 Company Evaluation Matrix 14.6.1 Star 14.6.2 Emerging Leader 14.6.3 Pervasive 14.6.4 Participant 14.6.5 Product Portfolio and Business Strategy Analysis of vEPC Vendors 14.7 Startup/SME Evaluation Matrix Overview 14.7.1 Progressive Companies 14.7.2 Responsive Companies 14.7.3 Dynamic Companies 14.7.4 Starting Blocks 15 Company Profiles 15.1 Introduction 15.2 Ericsson 15.3 Huawei 15.4 Nokia 15.5 ZTE 15.6 Cisco 15.7 Affirmed Networks 15.8 Mavenir 15.9 Samsung 15.10 Athonet 15.11 NEC 15.12 Cumucore 15.13 Druid Software 15.14 IPLook 15.15 Tech Mahindra 15.16 Parallel Wireless 15.17 Polaris Networks 15.18 Xingtera 15.19 Lemko 15.20 Tecore 15.21 Telrad Networks 16 Appendix For more information about this report visit https://www.researchandmarkets.com/r/6iworh Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/global-virtualized-evolved-packet-core-market-2020-to-2026---building-5g-ready-mobile-networks-presents-opportunities-301230953.html SOURCE Research and Markets |