Virtualized Evolved Packet Core Market by Application and Geography — Forecast and Analysis 2020–2024
Virtualized Evolved Packet Core Market will register a CAGR of 56% during 2020–2024. The market’s growth momentum will Accelerate.
Rising use of multimedia services | Increasing demand for VoLTE | Cost-effectiveness of vEPC as a solution will be one of the major factors driving the growth of this market. Additionally, key Virtualized Evolved Packet Core (vEPC) Market trends such as the Increasing demand for VoLTE will also influence market growth during the forecast period.
Virtualized Evolved Packet Core (vEPC) Market Size
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During the forecast period, the Virtualized Evolved Packet Core (vEPC) Market size will grow by $ 17.51 bn.
Virtualized Evolved Packet Core (vEPC) Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Virtualized Evolved Packet Core Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Complications associated with deployment of vEPC as a solution | Fragmented spectrum band of LTE | Concerns about security will also challenge the growth of the companies.
Affirmed Networks | Athonet Srl | Cisco Systems Inc. | Huawei Investment & Holding Co. Ltd. | Mavenir Systems Inc. | NEC Corp. | Nokia Corp. | Samsung Electronics Co. Ltd. | Telefonaktiebolaget LM Ericsson | ZTE Corp..list
are some of the companies covered in Technavio’s Virtualized Evolved Packet Core (vEPC) Market report for 2020–2024.
Virtualized Evolved Packet Core (vEPC) Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Virtualized Evolved Packet Core (vEPC) Market.
The North America will account for the largest Virtualized Evolved Packet Core (vEPC) Market share and during 2020–2024, the region will contribute to 36% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Virtualized Evolved Packet Core (vEPC) Market report also analyzes the market by LTE, VoLTE, and VoWiFi | MPN and MVNO | IoT and M2M | BWA | North America | Europe | APAC | MEA | South America.comma
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