The report segments the vEPC market comprehensively and provides the closest approximations to the revenue numbers for the overall market and subsegments across different regions
The global vEPC market size is expected to grow from USD 968.9 million in 2017 to USD 7,975.3 million by 2022, at a Compound Annual Growth Rate (CAGR) of 52.4% during the forecast period.
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The key players in the Affirmed Networks (US), Ericsson (Sweden), Huawei Technologies (China), Mavenir (US), ZTE Corporation (China), Athonet (Italy), Cisco Systems(US), NEC Corporation (Japan), Nokia Corporation (Finland), Samsung (South Korea) .
The vEPC market has been segmented on the basis of components (solutions and services), deployment types, end-users, use cases, and regions. A detailed analysis of the key industry players has been done to provide insights into their business overview; products and services; key strategies; new product launches; partnerships, agreements, and collaborations; expansions; and competitive landscapes associated with the global vEPC market.
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The global vEPC market size is expected to grow from USD 968.9 million in 2017 to USD 7,975.3 million by 2022, at a Compound Annual Growth Rate (CAGR) of 52.4% during the forecast period. The global growth of network infrastructure, increase in LTE mobile subscribers, and lower in Capital Expenditure (CapEx) and Operational Expenditure (OpEx) are some of the factors expected to drive the growth of the vEPC market.
However, reluctance in transiting from legacy infrastructure to virtualization may hinder the market growth of the vEPC market.
Get Virtualized Evolved Packet Core (vEPC) Market by Component (Solution & Service), Deployment Type (Cloud & On-Premises), End-User (Telecom Operator & Enterprise), Use Cases (LTE, Volte, & VoWiFi; BWA, IoT & M2M, MPN & MVNO), and Region - Global Forecast to 2022 @ www.rnrmarketresearch.com/contacts…ase?rname=1310583
The cloud deployment type is one of most effective technologies that impact every line of business. Enterprises and telecom operators are adopting cloud-based vEPC solutions at a rapid pace due to the wide range of features, such as reliability, scalability, flexibility, and low costs.
The cloud-based vEPC design offers distributed, stateless, and clustered elements, resulting in better performance and availability. The overall adoption of cloud-based solutions is in its nascent stage and is expected to grow significantly during the forecast period.
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