Virtual Evolved Packet Core (vEPC) Global Market to 2030: Rising Penetration of Smartphones Drives Growth of Mobile Network Traffic

Dublin, Oct. 24, 2023 (GLOBE NEWSWIRE) -- The "Virtual Evolved Packet Core (vEPC) - Global Strategic Business Report" report has been added to's offering.

The global market for Virtual Evolved Packet Core (vEPC) estimated at US$5.4 Billion in the year 2022, is projected to reach a revised size of US$26.2 Billion by 2030, growing at a CAGR of 22% over the analysis period 2022-2030.

Solutions, one of the segments analyzed in the report, is projected to record 20.9% CAGR and reach US$17.2 Billion by the end of the analysis period. Growth in the Services segment is estimated at 24.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 25.5% CAGR

The Virtual Evolved Packet Core (vEPC) market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2030 trailing a CAGR of 25.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.6% and 20.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 20% CAGR.

Select Competitors (Total 35 Featured)

  • Cisco Systems, Inc.
  • Fujitsu Ltd.
  • Huawei Technologies Co., Ltd.
  • Intel Corporation
  • Juniper Networks, Inc.
  • F5 Networks, Inc.
  • Infosys Ltd.
  • Giga-Byte Technology Co., Ltd.
  • General Dynamics Mission Systems, Inc.
  • Affirmed Networks
  • Athonet Srl
  • ExteNet Systems, Inc.
  • Great Software Laboratory Inc.
  • Cumucore Oy
  • Kaloom

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Topics Covered:




  • Virtual Evolved Packet Core (vEPC) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of COVID-19 Pandemic and a Looming Global Recession
  • Telecom Sector: A Critical Support System for COVID-19 Crisis Management
  • Growing Focus on Connectivity Spells Bright Long-term Future for the Telecom Sector
  • COVID-19 Storm Decelerates Progress Related to Virtual Evolved Packet Cores
  • An Introduction to Virtual Evolved Packed Core (vEPC)
  • Networking Moves Beyond EPC to Virtual EPC in Grander Way for Intriguing Benefits
  • Global Market Prospects & Outlook
  • Competition
  • Global Virtual Evolved Packed Core (vEPC) Market: Competitor Share Breakdown (in %) for 2020E
  • Recent Market Activity



  • Virtualized EPC (vEPC): A Mobile Core Network Approach Enabling Support for Rising Mobile Traffic
  • Significant Benefits of vEPC to Drive Market Opportunities
  • Growing Demand for High-Speed Data Services and Surging Data Volumes on Mobile Devices to Bolster vEPC Market
  • Global Internet Usage: Number of Internet Users (in Billion) and Internet Penetration Rate (in %) for the Years 2015 through 2019
  • Rapid Growth of Mobile Network Data Traffic Gives Rise to Demand for vEPC
  • Global Mobile Data Traffic in EB/Month for the Year 2015, 2017, 2019, 2021, 2023 and 2025
  • Global Mobile Internet Market (2020): Percentage Breakdown of Revenues by Data Service Category Mobile Internet Category Revenue Composition (in %)
  • Breakdown of Network Latency (in Milliseconds) by Network Type
  • Rising Penetration of Smartphones Drives Growth of Mobile Network Traffic
  • Smartphone Penetration Rate as Share of Total Population: 2016-2020
  • Global Mobile Data Traffic Per Smartphone (in GB per Month) by Region/Country for 2019 and 2025
  • Expanding 4G LTE Mobile Subscriber Base Bodes Well for vEPC Market
  • Global 4G LTE Market Size (in US$ Billion) for the Years 2018, 2020, 2022 & 2024
  • Global Number of Mobile 4G LTE Subscriptions (in Million) for 2017, 2019, 2021, 2023 & 2025
  • 4G Technology as % of Mobile Networks by Region for 2019 and 2025
  • Global Mobile Connections by Network Type (in %) for 2019 and 2025
  • vEPC Solutions Enable MNOs to Benefit from Emerging Opportunities in the IoT Space
  • Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
  • Virtual EPC to Facilitate Customized Slicing of 5G Network for IoT Services
  • Need to Build 5G Ready Mobile Networks Turns Focus onto vEPC
  • 5G Smartphone Sales in Million Units: 2019-2022
  • COVID-19 Crisis Adversely Impacts Evolution of 5G
  • NFV for Efficient 5G Rollouts and Operations
  • Potential for Commercial 5G Services & Private 4G/5G Services to Boost Market Prospects
  • Global Private LTE Market Size (in US$ Billion) for the Years 2020, 2022, 2024 and 2026
  • Availability of Shared and Unlicensed Spectrum to Drive Future Market Gains
  • Cloud Native and Service-based Architecture Augur Well for vEPC
  • Differentiated 4G Services via Network Slicing: Potential for vEPC Market
  • Prominent Trends Shaping Overall Journey of Network Function Virtualization
  • Deployment of NFV in Cloud-Native Containers
  • Multi-Access Edge Computing (MEC) Promises Opportunities for vEPC Market
  • Global Mobile Edge Computing Market Size (in US$ Thousand) by Region/Country for 2020 and 2027
  • DPI & Virtual EPC: A Powerful Blend of Agility & Intelligence for Network Monetization




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