Market Overview
The virtualized evolved packet core market is likely to reach USD 13.65 Billion at a favorable 21.12% CAGR by 2030, states the latest Market Research Future (MRFR) report.
- Drivers
Growing Demand for Increased Bandwidth to Boost Market Growth
The growing requirement for increased bandwidth for running mobile networks had made the telecommunication operators in searching for cost-effective solutions that will boost the market growth over the forecast period.
- Opportunities
Increasing Penetration of IoT and Machine to Machine Communication Devices to offer Robust Opportunities
The increasing penetration of IoT and machine to machine communication devices will offer robust opportunities for the market in the forecast period.
- Restraints
Rising Security Concerns to act as Market Restraints
The rising security concerns may act as a market restraint over the forecast period.
- Challenges
Integration of vEPC with Existing Mobile Core Systems to act as Market Challenge
The integration of vEPC with existing mobile core and back office systems will act as market challenge over the forecast period.
Segmental Analysis
The virtualized evolved packet core market is bifurcated based on end user, use case, deployment, and component.
By component, the services segment will lead the market over the forecast period for the increasing commercialization and testing of 5G-ready solutions.
By deployment, the on-premise segment will dominate the market over the forecast period.
By use case, the IoT and M2M segment will spearhead the market over the forecast period.
By end user, the telecom operator segment will have the lions share in the market over the forecast period.
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Key players:
Eminent industry players profiled in the global virtualized packet core market report include Nokia Corporation (Finland), Cisco System Inc. (US), Ericsson AB (Sweden), Samsung Electronics (South Korea), Huawei Technologies Co. Ltd (China), NEC Corporation (Japan), ZTE Corporation (China), Mitel Networks Corporation (US), Affirmed Networks (US), and Athonet S.R.L. (Italy).
Introduction:
In the ever-evolving landscape of telecommunications, the Virtualized Evolved Packet Core (vEPC) has emerged as a transformative technology that revolutionizes network architecture. With its ability to enhance connectivity, improve scalability, and enable flexible deployment, vEPC holds tremendous potential for revolutionizing the telecommunications industry. This article delves into the intricacies of vEPC, exploring its architecture, benefits, and impact on network performance.
- Understanding Virtualized Evolved Packet Core (vEPC):
The Virtualized Evolved Packet Core (vEPC) is a software-based implementation of the Evolved Packet Core (EPC), which serves as the core network component in 4G and 5G cellular networks. Traditional EPC infrastructure comprises dedicated hardware components, limiting flexibility, scalability, and efficiency. vEPC, on the other hand, leverages virtualization technologies to run EPC functions on standard servers, leading to significant improvements in network architecture.
- Architecture and Components of vEPC:
vEPC consists of three primary components: the Mobility Management Entity (MME), the Serving Gateway (SGW), and the Packet Data Network Gateway (PGW). The MME handles signaling and authentication, the SGW provides mobility and connectivity management, and the PGW acts as an interface between the cellular network and external networks. These components work together seamlessly, forming the backbone of the virtualized network architecture.
- Benefits of vEPC Implementation:
3.1 Enhanced Scalability: vEPC enables network operators to scale their infrastructure efficiently by dynamically allocating resources based on demand. The software-based nature of vEPC allows for seamless scaling, eliminating the need for extensive hardware installations and reducing costs.
3.2 Flexibility and Agility: With vEPC, network operators can rapidly deploy new services and applications, responding to changing market demands effectively. The virtualized architecture enables the creation of virtual network slices, allowing for optimized resource allocation and tailored services for specific user groups.
3.3 Improved Cost-Efficiency: By replacing dedicated hardware with virtualized infrastructure, vEPC significantly reduces capital and operational expenditures. Network operators can achieve cost savings through resource consolidation, simplified maintenance, and faster service provisioning.
3.4 Enhanced Reliability: vEPC introduces redundancy and failover mechanisms, ensuring high availability and fault tolerance. In case of hardware failures, the virtualized network can seamlessly migrate services to other resources, minimizing downtime and maintaining service continuity.
- Impact of vEPC on Network Performance:
4.1 Reduced Latency: vEPC minimizes latency by optimizing network routing and reducing processing delays. This improvement in latency is crucial for emerging technologies like 5G, where ultra-low latency is a critical requirement for applications such as autonomous vehicles and real-time communications.
4.2 Improved Quality of Service (QoS): vEPC enables network operators to prioritize traffic and allocate resources dynamically, resulting in enhanced QoS for different services. This flexibility allows for efficient management of high-bandwidth applications and ensures a consistent user experience.
4.3 Network Slicing for Customized Services: With vEPC, network operators can create virtual network slices tailored to specific user groups or applications. Each slice can have its own network characteristics, QoS policies, and security parameters, enabling the provision of customized services with varying requirements.
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Conclusion:
The advent of Virtualized Evolved Packet Core (vEPC) has paved the way for a new era of network architecture, transforming the telecommunications industry. With its scalable and flexible nature, vEPC enables network operators to enhance connectivity, improve performance, and streamline operations. As the demand for faster and more reliable networks continues to rise, vEPC stands as a cornerstone technology for shaping the future of telecommunications.
Market HighlightsMarket Research Future (MRFR) has revealed in its latest study that the global Virtualized Evolved Packet Core Market is set to proliferate exponentially at 51.7% CAGR during the forecast period 2018 to 2023.
The strong value maintained by the telecommunications sector has paved the way for the adoption of virtualized evolved packet core technology.The evolution of mobile communication from First Generation (1G) to the currently dominated Fourth Generation (4G) enabled devices has intensified the need for providing access network functions.
This, in turn, is projected to accelerate market proliferation over the next couple of years.
The advancement in technologies such as 5G, IoT, and M2M have opened avenues of growth opportunities for the market players.
Global Market for Virtualized Evolved Packet Core-Competitive Dashboard:Some of the key players profiled by MRFR in the report are Nokia Corporation (Finland), Cisco System Inc. (US), Ericsson AB (Sweden), Samsung Electronics (South Korea), Huawei Technologies Co. Ltd (China), NEC Corporation (Japan), ZTE Corporation (China), Mitel Networks Corporation (US), Affirmed Networks (US), and Athonet S.R.L.
The solutions segment has been further sub-segmented into Mobility Management Entity (MME), Home Subscriber Server (HSS), Server Gateway (SGW), Packet Data Network Gateway (PDN GW), and others Among these, the services segment is anticipated to garner massive traction over the forecast period.
Virtualized Evolved Packet report is an essential reference for who looks for detailed information on China Virtualized Evolved Packet Core (vEPC) market.
The report covers data on China and its regional markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as China major vendors' information.In addition to the data part, the report also provides overview of Virtualized Evolved Packet Core (vEPC) market, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics.Finally, a customization report in order to meet user's requirements is also available.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/china-virtualized-evolved-packet-core-2020-396The largest vendors of China Virtualized Evolved Packet Core (vEPC) market: (At least 9 companies included) Ericsson (Sweden) Huawei Technologies (China) Mavenir (US) ZTE Corporation (China) Athonet (Italy) Cisco Systems (US)For complete list, please ask for sample pages.Report Scope: The depth industry chain include analysis value chain analysis, porter five forces model analysis and cost structure analysis The report covers China and its regional market of Virtualized Evolved Packet Core (vEPC) It describes present situation, historical background and future forecast Comprehensive data showing Virtualized Evolved Packet Core (vEPC) capacities, production, consumption, trade statistics, and prices in the recent years are provided The report indicates a wealth of information on Virtualized Evolved Packet Core (vEPC) manufacturers Regional market overview covers the following information: production and consumption of Virtualized Evolved Packet Core (vEPC) in Northeast China, North China, Central China, Northern China, Western China and South China Virtualized Evolved Packet Core (vEPC) market forecast for next five years, including market volumes and prices is also provided Raw Material Supply and Downstream Consumer Information is also included Any other user's requirements which is feasible for usAny special requirements about this report, please let us know and we can provide custom report.Get the Complete Report & TOC @ https://www.grandresearchstore.com/ict-and-media/china-virtualized-evolved-packet-core-2020-396Table of contentChapter One Virtualized Evolved Packet Core (vEPC) Overview1.1 Virtualized Evolved Packet Core (vEPC) Outline1.2 Classification and Application1.3 Manufacturing TechnologyChapter Two Industry Chain Analysis2.1 Value Chain Analysis2.2 Porter Five Forces Model Analysis2.3 Cost Structure AnalysisChapter Three Market Dynamics of Virtualized Evolved Packet Core (vEPC) Industry3.1 Latest News and Policy3.2 Market Drivers3.3 Market ChallengesChapter Four China and Regional Market of Virtualized Evolved Packet Core (vEPC) (2015-2020)4.1 Virtualized Evolved Packet Core (vEPC) Supply4.2 Virtualized Evolved Packet Core (vEPC) Market Size4.3 Import and Export4.4 Demand Analysis4.5 Market Competition Analysis4.6 Price AnalysisChapter Five China and Regional Market Forecast (2020-2025)5.1 Virtualized Evolved Packet Core (vEPC) Supply5.2 Virtualized Evolved Packet Core (vEPC) Market Size5.3 Import and Export5.4 Demand Analysis5.5 Market Competition Analysis5.6 Price AnalysisChapter Six China Raw Material Supply Analysis6.1 Raw Material Supply6.2 Raw Material Producers Analysis6.3 Analysis of the Influence of Raw Material Price FluctuationChapter Seven China Virtualized Evolved Packet Core (vEPC) Consumer Analysis7.1 China Major Consumers Information7.2 China Major Consumer Demand AnalysisChapter Eight Analysis of China Key Manufacturers (Including Company Profile, SWOT Analysis, Production Information etc.
)8.1 Ericsson (Sweden)8.2 HuaweiIf You Have Any Question Related To This Report Contact Us @ https://www.grandresearchstore.com/enquire-now/china-virtualized-evolved-packet-core-2020-396CONTACT US:276 5th Avenue, New York, NY 10001, United StatesInternational: +1(646)-781-7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store
Market HighlightsMarket Research Future (MRFR) has revealed in its latest study that the global virtualized evolved packet core (vEPC) market is set to proliferate exponentially at 51.7% CAGR during the forecast period 2018 to 2023.
The strong value maintained by the telecommunications sector has paved the way for the adoption of virtualized evolved packet core technology.The evolution of mobile communication from First Generation (1G) to the currently dominated Fourth Generation (4G) enabled devices has intensified the need for providing access network functions.
This, in turn, is projected to accelerate market proliferation over the next couple of years.
The advancement in technologies such as 5G, IoT, and M2M have opened avenues of growth opportunities for the market players.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/5616Segmental Analysis:MRFR’s report offers a detailed segmental analysis of the market based on component, deployment, use case, and end-user.
The solutions segment has been further sub-segmented into Mobility Management Entity (MME), Home Subscriber Server (HSS), Server Gateway (SGW), Packet Data Network Gateway (PDN GW), and others Among these, the services segment is anticipated to garner massive traction over the forecast period.
Among these, the IoT & M2M segment is projected to account for the largest share of the market throughout the forecast period reaching a valuation of USD 3798.1 Mn by 2023.By end-user, the market has been segmented into telecom operator and enterprises.
The report "Virtualized Evolved Packet Core (vEPC) Market by Component (Solutions and Services(Professional and Managed)),Deployment Model (Cloud, On-premises),Network Type(4G and 5G) End User(Telecom operators, Enterprises)and Region - Global Forecast to 2026", size 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 its cloud native architecture that will improve the modularity of products with greater emphasize on low latency, and higher bandwidth.The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video, and the shift of business toward the use of cloud services.
The commercialization of 5G services in enterprises such as private 5G and availability of unlicensed and shared spectrum in the globe are expected to shape the future of the vEPC market.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=45409339Services segment to grow at the highest CAGR during the forecast periodServices play a vital role in the deployment and integration of next-generation networking solutions in an enterprise’s business environment.
Services are considered an important component of the vEPC market, as they majorly focus on improving the business processes and optimizing the enterprise’s network.
Services are considered as the backbone of vEPC, as they are instrumental in fulfilling the clients’ requirements, such as network testing, planning and optimization, support and maintenance, and consulting.Cloud mode of deployment is expected to grow at the highest CAGR during the forecast periodCloud mode of deployment is expected to ehibit a higher CAGR during the forecast period.vEPC is a cloud-native next-generation virtualized core network architecture.
With cloud-based technologies, end users can better leverage the business to the cloud or migrate it to the cloud platform for efficient and continuous service capabilities.
