Virtual Evolved Packet Core Market Size & Share, by Component (Solutions, Services); Deployment Type (Cloud, On-premises); Application (LTE, VoLTE & VoWiFi, loT & M2M, MPN & MVNO, BWA); End-user (Telecom Operators & Enterprises) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4131
  • Published Date: Mar 24, 2023
  • Report Format: PDF, PPT

Companies Dominating the Virtual Evolved Packet Core Landscape

    • Metaswitch Networks
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Cisco Systems, Inc.
    • Telefonaktiebolaget LM Ericsson
    • Nanjing ZTE software Co. Ltd. 
    • Nokia Corporation
    • Huawei Technologies Co., Ltd.
    • Affirmed Networks
    • Mavenir Systems, Inc.
    • Samsung Electronics Co., Ltd. 
    • NEC Corporation
    • Intel Corporation

Browse Key Market Insights with Data Illustration:


In The News

  • Nokia Corporation is selected by Taiwanese mobile operator Asia Pacific Telecom as the single vendor for 5G New Radio in a deal that also encompasses 5G core, security, and monetization.

  • Cisco Systems, Inc. collaborated with Gogo Business Aviation, a broadband connectivity service provider in the aviation sector. As per the collaboration, the company will offer a mobile core solution, consisting of ultra cloud core solutions and packet core solutions.

Author Credits:  Abhishek Verma, Hetal Singh

  • Report ID: 4131
  • Published Date: Mar 24, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for high-quality mobile services, and the ongoing development of vEPC framework with 5G networking, are some of the major factors anticipated to drive the growth of the virtual evolved packet core market.

The market is anticipated to attain a CAGR of 30% over the forecast period, i.e., 2023-2035.

The reluctance of transitioning from legacy networking infrastructure to virtualized networking, the lack of awareness and resources to switch over to virtualization, and the high cost associated with it are some of the factors estimated to hamper the market growth.

The market in North America is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Nanjing ZTE Software Co. Ltd., Nokia Corporation, Huawei Technologies Co., Ltd., Affirmed Networks, Mavenir Systems, Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by component, deployment type, application, end-user, and by region.

The services segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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