Virtualized Evolved Packet Core Market by Component, Network, Deployment Mode, End-User

Description

List of Tables

The Virtualized Evolved Packet Core Market was valued at USD 9.00 billion in 2023, expected to reach USD 10.26 billion in 2024, and is projected to grow at a CAGR of 14.45%, to USD 23.16 billion by 2030.

The Virtualized Evolved Packet Core (vEPC) represents a critical evolution in mobile network architecture, shifting network functions from dedicated hardware to a virtualized environment, significantly enhancing scalability, flexibility, and cost-effectiveness. As the demand for high-speed mobile connectivity rises, vEPC becomes essential for telecommunication operators to efficiently manage growing data traffic and diverse network services. Its applications span across industries including telecommunications, IoT ecosystems, and enterprise networks, with end-use extending to mobile operators, virtualized network operators, and enterprises seeking to leverage efficient and flexible network solutions. Market insights indicate strong growth fueled by the proliferation of 5G networks, rapid urbanization, and increased mobile data consumption. Key growth factors include the escalating demand for enhanced network capacity, reduced latency, and the flexibility offered by network virtualization technologies. Opportunities within the market are emerging from the widespread adoption of IoT devices and edge computing, prompting telecom operators to enhance their network capabilities. Recommendations to capture these opportunities include investing in R&D for optimizing virtualized network functions and developing collaborative partnerships to extend the service offering.

KEY MARKET STATISTICS
Base Year [2023]	USD 9.00 billion
Estimated Year [2024]	USD 10.26 billion
Forecast Year [2030]	USD 23.16 billion
CAGR (%)	14.45%

However, the market faces challenges such as the complex integration of virtualized environments into existing infrastructures, potential security vulnerabilities, and the need for significant investments in technology upgrades. Additionally, market growth may be constrained by stringent regulatory frameworks and a shortage of skilled personnel to manage the sophisticated virtualized networks. Innovative areas ripe for exploration include cloud-native EPC solutions, AI-driven network management for real-time optimization, and robust security frameworks to address cybersecurity threats. The nature of the vEPC market is highly dynamic, characterized by rapid technological advancements and intense competition, requiring market players to remain agile and continually adapt to evolving industry demands while strategically leveraging technological innovations to drive business growth.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Virtualized Evolved Packet Core Market

The Virtualized Evolved Packet Core Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Growing investments in the digitalization of industries
- Increasing consumer demand for faster networks worldwide
Market Restraints
- Complexities in integrating vEPC with existing mobile core and back office systems
Market Opportunities
- Continuous improvements in virtualized evolved packet core technologies
- Rising commercialization of 5G network across economies
Market Challenges
- Rising security and data privacy concerns

Porter's Five Forces: A Strategic Tool for Navigating the Virtualized Evolved Packet Core Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Virtualized Evolved Packet Core Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Virtualized Evolved Packet Core Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Virtualized Evolved Packet Core Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Virtualized Evolved Packet Core Market

A detailed market share analysis in the Virtualized Evolved Packet Core Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Virtualized Evolved Packet Core Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Virtualized Evolved Packet Core Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Virtualized Evolved Packet Core Market

A strategic analysis of the Virtualized Evolved Packet Core Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Virtualized Evolved Packet Core Market, highlighting leading vendors and their innovative profiles. These include Athonet S.r.l. by Hewlett Packard Enterprise Company, Cisco Systems, Inc., Cumucore Oy, Druid Software, F5, Inc., Huawei Technologies Co., Ltd., Intel Corporation, IPLOOK Technologies, Juniper Networks, Inc., LEMKO Corporation, Mavenir Systems, Inc., Microsoft Corporation, NEC Corporation, Nokia Corporation, Parallel Wireless, Inc., Polaris Networks by Motorola Solutions, Inc., Radisys Corporation by Jio Infocomm Limited, Red Hat, Inc. by International Business Machines Corporation, Samsung Electronics Co., Ltd., Tech Mahindra Limited, Tecore Inc., Telefonaktiebolaget LM Ericsson, Telrad Networks by Cassava Technologies, VMware, Inc., and ZTE Corporation.

Market Segmentation & Coverage

This research report categorizes the Virtualized Evolved Packet Core Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Component, market is studied across Services and Solutions. The Services is further studied across Consulting, Integration & Deployment, Managed Services, Professional Services, and Training & Support. The Solutions is further studied across HSS, MME, PDN-GW, and S-GW.
Based on Network, market is studied across 4G Network and 5G Network.
Based on Deployment Mode, market is studied across Cloud and On-Premises.
Based on End-User, market is studied across Enterprises and Telecom Operators.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-501246437736

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing investments in the digitalization of industries
  - 5.1.1.2. Increasing consumer demand for faster networks worldwide
- 5.1.2. Restraints
  - 5.1.2.1. Complexities in integrating vEPC with existing mobile core and back office systems
- 5.1.3. Opportunities
  - 5.1.3.1. Continuous improvements in virtualized evolved packet core technologies
  - 5.1.3.2. Rising commercialization of 5G network across economies
- 5.1.4. Challenges
  - 5.1.4.1. Rising security and data privacy concerns
5.2. Market Segmentation Analysis
- 5.2.1. Component: Adoption of various vEPC solutions to improve network reliability
- 5.2.2. Network: Rising utility of vEPC in advanced 5G networks
- 5.2.3. Deployment: Rising requirement for cloud deployment of vEPC to achieve scalability and flexibility in business operations
- 5.2.4. End-User: Ongoing R&D initiatives and expansion activities to provide optimum vEPC services to telecom operators
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Virtualized Evolved Packet Core Market, by Component

6.1. Introduction
6.2. Services
- 6.2.1. Consulting
- 6.2.2. Integration & Deployment
- 6.2.3. Managed Services
- 6.2.4. Professional Services
- 6.2.5. Training & Support
6.3. Solutions
- 6.3.1. HSS
- 6.3.2. MME
- 6.3.3. PDN-GW
- 6.3.4. S-GW

7. Virtualized Evolved Packet Core Market, by Network

7.1. Introduction
7.2. 4G Network
7.3. 5G Network

8. Virtualized Evolved Packet Core Market, by Deployment Mode

8.1. Introduction
8.2. Cloud
8.3. On-Premises

9. Virtualized Evolved Packet Core Market, by End-User

9.1. Introduction
9.2. Enterprises
9.3. Telecom Operators

10. Americas Virtualized Evolved Packet Core Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Virtualized Evolved Packet Core Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Virtualized Evolved Packet Core Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Microsoft Launches Azure Operator Nexus 5G Cloud Platform
- 13.3.2. HPE Completes Acquisition of Private 5G Company Athonet
- 13.3.3. Mavenir Raises USD 100 Million of Capital to Accelerate Investments in Strategic Growth Products
13.4. Strategy Analysis & Recommendation

Companies Mentioned

1. Athonet S.r.l. by Hewlett Packard Enterprise Company
2. Cisco Systems, Inc.
3. Cumucore Oy
4. Druid Software
5. F5, Inc.
6. Huawei Technologies Co., Ltd.
7. Intel Corporation
8. IPLOOK Technologies
9. Juniper Networks, Inc.
10. LEMKO Corporation
11. Mavenir Systems, Inc.
12. Microsoft Corporation
13. NEC Corporation
14. Nokia Corporation
15. Parallel Wireless, Inc.
16. Polaris Networks by Motorola Solutions, Inc.
17. Radisys Corporation by Jio Infocomm Limited
18. Red Hat, Inc. by International Business Machines Corporation
19. Samsung Electronics Co., Ltd.
20. Tech Mahindra Limited
21. Tecore Inc.
22. Telefonaktiebolaget LM Ericsson
23. Telrad Networks by Cassava Technologies
24. VMware, Inc.
25. ZTE Corporation