/PRNewswire/ According to a new market research report titled, Virtualized Evolved Packet Core Market by Component (Solutions, Services), Application (LTE,.
REDDING, Calif., May 22, 2024 /PRNewswire/ According to a new market research report titled, 'Virtualized Evolved Packet Core Market by Component (Solutions, Services), Application (LTE,
Virtualized Evolved Packet Core Market Research Report by Component (Services and Solutions), by Solution (HSS, MME, and PDN-GW), by Services, by Network,.
Virtualized Evolved Packet Core (vEPC) Market worth $13.7 billion by 2026 - Exclusive Report by MarketsandMarkets Virtualized Evolved Packet Core (vEPC) Market by Component (Solutions and Services(Professional and Managed)),Deployment Model (Cloud, On-premises),Network Type(4G and 5G) End User(Telecom operators, Enterprises)and Region - Global Forecast to 2026 , published by MarketsandMarkets, the Virtualized Evolved Packet Core Market size is expected to grow from USD 3.9 billion in 2020 to USD 13.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period.
The vEPC Market is gaining traction due to its cloud native architecture that will improve the modularity of products with greater emphasize on low latency, and higher bandwidth. The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video, and the shift of business toward the use of cloud services. The commercialization of 5G
by Component (Solutions and Services(Professional and Managed)),Deployment Model (Cloud, On-premises),Network Type(4G and 5G) End User(Telecom operators, Enterprises)and Region - Global Forecast to 2026 , published by MarketsandMarkets™, the Virtualized Evolved Packet Core Market size is expected to grow from USD 3.9 billion in 2020 to USD 13.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period.
The vEPC Market is gaining traction due to its cloud native architecture that will improve the modularity of products with greater emphasize on low latency, and higher bandwidth. The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video, and the shift of business toward the use of cloud services. The commercialization of 5G services in enterprises such as private 5G and availability of unlicensed and shared spectrum in the globe are expected to shape the future of the vEPC Market