What is Virtual Packet Core Deployment Market Scope?
A virtual advanced packet core (vEPC) is a framework for voice and data processing and switching of cellular networks that are implemented by network function virtualization (NFV), which virtualizes the functions of an advanced packet core (EPC). The vEPC framework has been used for 4G LTE cellular networks and is expected to be an essential part of the upcoming 5G network architecture which is increasing the demand in the market. By virtualizing the EPC (Evolved Packet Core) functionality, mobile network providers can theoretically adapt networks to the individual requirements of individual customers by mixing and adapting individual network components as required. vEPC can also lower capital and operating expenses by reducing reliance on specialized hardware while accelerating service delivery and responding to real-time network conditions and user demands.
The Virtual Packet Core Deployment market study is being classified by Type (Cloud and On-Premises), by Application (LTE, VOLTE, and VoWiFi, Broadband Wireless Access (BWA), Internet of Things (IoT), Machine to Machine (M2M), Mobile Private Networks (MPNs) and Mobile Virtual Network Operators (MVNOs)) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Virtual Packet Core Deployment market throughout the predicted period.
Affirmed Networks Inc. (United States), Athonet S.R.L. (Italy), Cisco Systems, Inc. (United States), Huawei Technologies Co., Ltd. (China), Mavenir (United States), Ericsson (Sweden), NEC Corporation (Japan), Nokia Corporation (Finland), Samsung Group (South Korea), ZTE Corporations (China), Cumcore (Finland), Druid Software (Ireland), IPLook (China) and Tech Mahindra (India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Parallel Wireless (United States), Polaris Networks (United States) and Xingtera (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Virtual Packet Core Deployment market by Type, Application and Region.
On the basis of geography, the market of Virtual Packet Core Deployment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In 2019, Ericsson was selected by Vodafone Idea Limited (VIL) for deploying its cloud packet core so as to enhance the existing core network. VIL would benefit from the market-leading core network applications and network functions from Ericsson such as the vEPG (Virtual Evolved Packet Gateway), the vSAPC (Service Aware Policy Controller), and the NFVi solution (Virtualization Infrastructure), which enable the rapid introduction of new full-service services -Continuity.
Influencing Market Trend
- The Commercialization Of 5G Services in Enterprises
- Availability of Unlicensed and Shared Spectrum in the Globe
Market Drivers
- A Rise in Adoption of LTE Mobile Network
- A Rapid Growth in Adoption of Smartphones
- Growth in Network Infrastructure across the Globe
- The Rise in the Volume of Data Being Carried By Cellular Networks
Opportunities
- The Increasing Adoption of Technologies, Such As VR and AR As Well As the IoT
- Rising Demand Seamless Network Connectivity and Coverage
Restraints
- Reluctancy in Transiting From Transitional Infrastructure to Virtualized Infrastructure
Challenges
- Lack of Service in Under Developed Regions
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Virtual Packet Core Deployment, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Customization available in this Study:
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