Emergen Research has recently published a new report on the Global Virtualized Evolved Packet Core market that offers key insights about the regional and global scope of the Virtualized Evolved Packet Core market. It offers key details about the recent product launches, technological advancements, supply and demand ratio, and regulatory framework. The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2024-2034. The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

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The global virtualized Evolved Packet Core (vEPC) market size was USD 7.15 Billion in 2022 and is expected to register a rapid revenue CAGR of 18.7% during the forecast period. Rising adoption of Network Function Virtualization (NFV), increasing number of mobile LTE subscribers, network slicing for customized services, development of 5G infrastructure, and edge computing and low latency applications are  key factors driving virtualized evolved packet core market revenue growth.

Competitive Landscape: 

It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

The virtual evolved packet core solution provides mobile network operators with the agility and flexibility required to meet rising demand for network traffic. This solution enables operators to scale their networks effectively and deliver customized services for various use cases, including consumer applications, Internet of Things (IoT), private LTE, Wi-Fi, Gateway integrated with Local Area Network (GiLAN), Voice over LTE (VoLTE), Control and User Plane Separation (CUPs), fixed wireless, edge computing, and 5G services.

For example, according to the data from Telecom Regulatory Authority of India (TRAI), telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea gained 6.2 million 4G users in March 2023, which is the highest in 20 months. The Fourth Generation (4G) subscribers of Airtel were 235.78 million and Vodafone Idea was 124.82, at the end of March 2023. Jio added 3.05 million 4G users in March, the highest number in the previous six months, while Airtel added 2.04 million. By the end of March, there were nearly 812 million 4G subscribers among the wireless broadband subscriber base. Many emerging economies have witnessed significant increase in the number of 4G users.

Market Segmentation: 

The report further segments the global Virtualized Evolved Packet Core market on the basis of product types and applications and provides insights into key factors influencing the revenue growth of the segments.

The global virtualized evolved packet core market is fragmented, with large and medium-sized players accounting for the majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective products.

Some of the major companies included in the virtualized evolved packet core (vEPC) market report are:

• Telefonaktiebolaget LM Ericsson
• Huawei Technologies Co., Ltd.
• Nokia
• ZTE Corporation
• Cisco Systems, Inc.
• Affirmed Networks
• Mavenir
• SAMSUNG
• Athonet srl
• NEC Corporation

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Key insights presented in the report:

• Market revenue shares by major business players, by type, by application, and market scope of global Virtualized Evolved Packet Core market
• Sales revenue by key players and new entrants
• Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
• Recent mergers, acquisitions, product launches, recent investments, and joint ventures
• Regional analysis to provide insight to recent trends and opportunities

Key features and benefits of Emergen Research's market research content include: 

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