Virtual Evolved Packet Core (VEPC) is a software-based network architecture that enables mobile network operators to provide mobile broadband services to their subscribers in a flexible and cost-effective manner. VEPC replaces traditional hardware-based systems with virtualized functions that can be deployed on standard servers or in the cloud. The VEPC market has seen significant growth in recent years, driven by various factors. The global Virtual Evolved Packet Core (VEPC) market was valued at USD 3.3 billion in 2021 and is projected to reach USD 13.7 billion by 2030, growing at a CAGR of 28.4% during the forecast period.
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One of the major drivers of the VEPC market is the increasing demand for mobile broadband services, fueled by the growing popularity of smartphones and other mobile devices. VEPC enables mobile network operators to provide faster and more reliable connectivity to their subscribers, while also reducing operational costs and increasing network efficiency. Another driver is the growing adoption of 5G networks, which require more flexible and scalable network infrastructure than previous generations of mobile networks. VEPC can help mobile network operators to meet the demands of 5G networks, which require higher bandwidth, lower latency, and more efficient use of network resources.
Despite the promising growth prospects, the VEPC market also faces several challenges and restraints. One of the main concerns is the complexity and integration challenges associated with the deployment of virtualized network functions. VEPC requires careful planning and coordination to ensure seamless integration with existing network infrastructure and applications. Another challenge is the need for more advanced security and privacy measures to protect against cyber threats and data breaches. As mobile networks become more virtualized and distributed, they become more vulnerable to attacks and require robust security measures to ensure the integrity and confidentiality of network traffic and user data.
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Major Market Players Profiled in the Virtual Evolved Packet Core (VEPC) Market Report include:
- Affirmed Networks
- Athonet srl
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd.
- Mavenir Systems, Inc.
- Nanjing ZTE software Co. Ltd.
- NEC Corporation
- Telefonaktiebolaget LM Ericsson
- Telrad Networks
- Other Market Participants
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Our 420+ Pages Report titled, Virtual Evolved Packet Core (VEPC) Market will include extensive information on the following pointers:
- Global market size and forecast values (2015 – 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
- Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
- Years Considered (2015 – 2030)
- (Historic Years: 2015 – 2020
- Base Year: 2021
- Forecast Years: 2022 – 2030)
- Market determinants and Influencing Factors
- Market Dynamics (Drivers, Restraints, Opportunities and Trends)
- Analysis on Impact of Covid-19 on Global Virtual Evolved Packet Core (VEPC) Market
- Macro-Economic and Micro-Economic Indicators
- Porter’s Five Forces Analysis
- Regulatory Landscape
- PESTEL Analysis
- Competitive Benchmarking: Global Presence and Growth Strategies
- (Mergers and Acquisitions
- Product Launches
- Investments Trends
- R&D Initiatives)
- Market Share Analysis, 2021
- Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
- Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
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Global Virtual Evolved Packet Core (VEPC) Market Segmentation:
- On Premise
By Organization Size
- Small and Medium Enterprises
- Large Enterprises
By Network Type
- Telecom Operators
- Enterprises and Businesses
- Small to Medium Size Networks
- Private or Enterprise LTE Networks
- Fixed Wireless Access Networks
- Remote & Rural Networks
- Public Safety Broadband Networks
- Machine To Machine(M2M) Networks
- North America [U.S., Canada, Mexico]
- Europe [Germany, UK, France, Italy, Rest of Europe]
- Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
- South America [Brazil, Argentina, Rest of Latin America]
- Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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