Virtualized Evolved Packet Core Market

Growing development of 5G infrastructure is driving the market growth

Additionally, capacity and network intelligence may be boosted with virtualized EPC to satisfy the growing need for cutting-edge mobile data applications. One or more main use cases for Virtualized Evolved Packet Core Systems include the Internet of Things (IoT), LTE, VoLTE, M2M, and VO Wi-Fi. Telecommunications businesses are also searching for more economical solutions due to the growing need for additional bandwidth to support mobile networks.

Furthermore, the rapid rise in the amount of data carried by cellular networks has been primarily caused by consumer demand for video and the move in business practices toward cloud services. The commercialization of 5G services in industries like private 5G and the availability of unlicensed and shared spectrum globally are expected to impact future trends in the vEPS industry. Thus, driving the Virtualized Evolved Packet Core (vEPC) market revenue.

The ongoing rollout of 5G networks is a critical factor propelling the Global Virtualized Evolved Packet Core (vEPC) Market Industry. vEPC solutions are integral to the successful implementation of 5G, providing the necessary infrastructure to support enhanced data speeds and connectivity. The flexibility and scalability of vEPC allow telecom operators to efficiently manage the diverse requirements of 5G services, including ultra-reliable low-latency communication and massive machine-type communications. As the 5G ecosystem expands, the demand for vEPC is expected to grow, contributing to a compound annual growth rate of 22.25% from 2025 to 2035.

The emergence of cloud-native solutions is reshaping the Global Virtualized Evolved Packet Core (vEPC) Market Industry. These solutions leverage cloud computing technologies to deliver enhanced scalability, flexibility, and efficiency. By migrating to cloud-native architectures, telecom operators can optimize resource utilization and streamline service delivery. This transition aligns with the growing trend of digital transformation across industries, as organizations seek to harness the benefits of cloud technologies. The adoption of cloud-native vEPC is expected to accelerate, driven by the need for agile and responsive network infrastructures that can adapt to changing market dynamics.

In an era where cyber threats are increasingly sophisticated, the Global Virtualized Evolved Packet Core (vEPC) Market Industry is witnessing a heightened focus on network security. vEPC solutions offer advanced security features that are essential for protecting sensitive data and ensuring compliance with regulatory standards. By integrating security functions directly into the network architecture, operators can enhance their resilience against potential attacks. This emphasis on security not only safeguards user data but also fosters consumer trust, which is vital for the sustained growth of the market as it adapts to evolving security challenges.

The Global Virtualized Evolved Packet Core (vEPC) Market Industry is experiencing a surge in demand for mobile data services, driven by the proliferation of smartphones and IoT devices. As mobile data consumption continues to escalate, telecom operators are compelled to enhance their network capabilities. This shift towards vEPC solutions enables operators to efficiently manage increased data traffic while ensuring lower latency and improved service quality. The market is projected to reach 4.23 USD Billion in 2024, reflecting the urgent need for scalable and flexible network architectures that can accommodate the growing user base and data requirements.

Cost efficiency remains a pivotal driver in the Global Virtualized Evolved Packet Core (vEPC) Market Industry. By adopting vEPC solutions, telecom operators can significantly reduce capital and operational expenditures. Virtualization allows for the consolidation of network functions, minimizing the need for extensive hardware investments. This operational flexibility facilitates rapid deployment of new services and applications, enabling operators to respond swiftly to market demands. As a result, the market is expected to witness substantial growth, with projections indicating a rise to 38.6 USD Billion by 2035, underscoring the financial advantages of transitioning to virtualized architectures.

By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American Virtualized Evolved Packet Core (vEPC) market area will dominate this market, owing to the presence of big telecom giants. In addition, the growing penetration of 5G and 6G infrastructure, research & development activities, and highly developed network connectivity will boost market growth in this region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: VIRTUALIZED EVOLVED PACKET CORE (VEPC) MARKET SHARE BY REGION 2022 (USD Billion) Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe's Virtualized Evolved Packet Core (vEPC) market accounts for the second-largest market share due to the deployment of LTE and 5G-based network connectivity, smartphone penetration and research & development. Further, the German Virtualized Evolved Packet Core (vEPC) market held the largest market share, and the UK Virtualized Evolved Packet Core (vEPC) market was the fastest growing market in the European region.

The Asia-Pacific Virtualized Evolved Packet Core (vEPC) Market is expected to grow at the fastest CAGR from 2023 to 2032 due to the growing acceptance of cloud computing and Internet of Things (IoT)-based applications. Moreover, China’s Virtualized Evolved Packet Core (vEPC) market held the largest market share, and the Indian Virtualized Evolved Packet Core (vEPC) market was the fastest growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development to expand their product lines, which will help the Virtualized Evolved Packet Core (vEPC) market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Virtualized Evolved Packet Core (vEPC) industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global Virtualized Evolved Packet Core (vEPC) industry to benefit clients and increase the market sector. In recent years, the Virtualized Evolved Packet Core (vEPC) industry has offered some of the most significant advantages to technology. Major players in the Virtualized Evolved Packet Core (vEPC) market, including Nokia Corporation (Finland), Cisco System Inc. (US), Huawei Technologies Co.

Ltd. (China), NEC Corporation (Japan), Ericsson AB (Sweden), SAMSUNG (South Korea), ZTE Corporation (China), Mitel Networks Corporation (US), Affirmed Networks (US), Athonet S.R.L.(Italy), and others, are attempting to increase market demand by investing in research and development operations.

Nokia Corporation is a multinational company that specializes in consumer electronics, information technology, and telecommunications. Nokia Corporation is also known as Nokia in Finnish and Swedish. The headquater of Nokia are situated in Espoo, Finland. The company was established in 1865. For instance: In September 2022, Nokia launched its newest Software-as-a-Service (SaaS) solution, Visualization, Automation, and Analytics (AVA) charging, intended to assist Communication Service Providers (CSPs) and enterprises in efficiency releasing new offerings for 5G and IoT usage cases.

With its ‘Intelligence Everywhere’ method, Machine Learning (ML), AVA Charging leverages Artificial Intelligence (AI), Open APIs, no code configuration, multi-cloud orchestration and digital ecosystems to bring comprehensive capabilities.

Telefonaktiebolaget LM Ericcson, also known as Ericcson, is a global Swedish networking and telecommunications corporation headquartered in Stockholm. For telecom service providers and businesses, the company supplies software, infrastructure, and services in information and communications technology, and optical transport systems. Over 1, 00,000 individuals work for the corporation, which operates in over 180 nations. Over 57,000 awarded patents belong to Erricson. One of the pioneers in 5G, Ericsson has made important contributions to the growth of the telecom sector. For Instance: In February 2023, Ericsson and Econet will roll out 5G in Zimbave.

Due to the cooperation, Econet will have access to Ericsson’s most recent Radio Access Network (RAN) and 5G Evolved Packet Core (EPC) solutions, which are much faster than 4G and will improve user experience and capacity.