. The report throws light on the current economic landscape of this business vertical and evaluates the top market trends. It has been compiled through significant primary research, including surveys, interviews, and expert analysts’ observations.

 It features insightful qualitative and quantitative assessments of the Virtualized Evolved Packet Core industry, gathering industry-verified data from the value chain analysis. The report, additionally, examines the prevailing trends in the market, along with the macro- and micro-economic indicators.  The report delivers a deep understanding of the key aspects of the Virtualized Evolved Packet Core market, for instance, import and export dynamics, production and consumption rates, and consumer bases across the major market regions. Thus, the report concludes with the essential market statistics presented in a tabular format to help readers get a clear idea of the global market dynamics.

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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: 

The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Virtualized Evolved Packet Core market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis

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 global Virtualized Evolved Packet Core market report evaluates the latest economic scenario in terms of value and volume. It highlights the key growth drivers, restraints, production capacity, demand & supply ratio, import/export status, growth rate, and other critical aspects. Additionally, the report also performs SWOT analysis, Porter’s Five Forces analysis, speculation attainability investigation, and venture return investigation.

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:

 

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Additional information offered by the report:

Regional Outlook:

The report offers a comprehensive analysis of the current growth opportunities for various regions of the Virtualized Evolved Packet Core market. It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

 

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