The Asia Pacific Virtualized Evolved Packet Core (vEPC) Market would witness market growth of 26.2% CAGR during the forecast period (2025-2032).
The China market dominated the Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $5,223.9 million by 2032. The Japan market is registering a CAGR of 25.2% during (2025 - 2032). Additionally, The India market would showcase a CAGR of 27.1% during (2025 - 2032). The China and Japan led the Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Country with a market share of 34.4% and 15.4% in 2024. The Malaysia market is expected to witness a CAGR of 29.5% during throughout the forecast period.

The Asia Pacific vEPC market has grown quickly because of the widespread use of 4G, LTE-Advanced, and 5G networks. This growth has been helped by strong government-led policies to modernize digital infrastructure and networks. Operators had to move from hardware-based EPC to virtualized, software-driven core networks using NFV and cloud technologies because of early LTE deployments and rising mobile data traffic. Major telecom companies in China, Japan, South Korea, India, and Australia used vEPC to make their networks more flexible, scalable, and cost-effective. Partnerships with OEMs sped up the move to cloud-native technology. As time went on, vEPC became a key part of distributed architectures, edge computing, and enterprise connectivity. It fit in well with Industry 4.0, smart-city, and IoT projects all over the region.
Some important trends in the market are the move toward containerized, cloud-native packet cores, the fast growth of private LTE and private 5G networks, and the use of low-latency, edge-enabled core architectures. To support a wide range of consumer and industrial use cases, operators and vendors are focusing on automation, microservices, and orchestration based on Kubernetes. Global and regional OEMs and big telecom companies are still competing hard by offering solutions that are focused on performance, scalability, and business. Overall, the Asia Pacific is one of the most advanced and cutting-edge markets for virtualized mobile core networks. vEPC is the basis for the growth of 5G and other digital ecosystems in the future.
End User Outlook
Based on End User, the market is segmented into Telecom Operators, Enterprises & Industrial Applications, MVNE / MVNOs, Government & Public Safety, and Cloud Service Providers. The Telecom Operators market segment dominated the China Virtualized Evolved Packet Core (vEPC) Market by End User is expected to grow at a CAGR of 23.3 % during the forecast period thereby continuing its dominance until 2032. Also, The Cloud Service Providers market is anticipated to grow as a CAGR of 28.3 % during the forecast period during (2025 - 2032).
Application Outlook
Based on Application, the market is segmented into IoT and M2M, LTE/VoLTE/VoWiFi, 5G Standalone (SA) Core, 5G Non-Standalone (NSA) Core, Mobile Private Networks (MPN) and MVNO, and Broadband Wireless Access (BWA). Among various Singapore Virtualized Evolved Packet Core (vEPC) Market by Application; The LTE/VoLTE/VoWiFi market achieved a market size of USD $36.5 Million in 2024 and is expected to grow at a CAGR of 27.8 % during the forecast period. The Mobile Private Networks (MPN) and MVNO market is predicted to experience a CAGR of 30.3% throughout the forecast period from (2025 - 2032).

Free Valuable Insights: The Virtualized Evolved Packet Core (vEPC) Market is Predicted to reach USD 45.29 Billion by 2032, at a CAGR of 25.7%
Country Outlook
China's virtualized evolved packet core (vEPC) market is one of the most advanced and fastest growing in the Asia Pacific region. This is because of the country's rapid digitalization, large-scale 4G and 5G deployments, and the fact that it has the world's largest mobile subscriber base. To handle heavy data traffic, the rollout of 5G standalone networks, and new consumer and industrial use cases, operators put cloud-ready and highly scalable core architectures at the top of their lists. Key factors that are driving adoption are strong government support from MIIT, rising demand from businesses for private networks, and a rapidly growing IoT ecosystem. Some big changes are the move from VNFs to cloud-native CNFs, the growth of mobile edge computing, network automation powered by AI, and faster network slicing for vertical industries. The market is mostly led by domestic vendors who offer end-to-end solutions that meet national standards and are supported by major cloud platforms. This will keep the market growing as China moves forward with industrial digitalization and 5G SA adoption.
List of Key Companies Profiled
- Nokia Corporation
- Ericsson AB
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- ZTE Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- NEC Corporation
- Tech Mahindra Limited
- Intel Corporation
- IBM Corporation
Asia Pacific Virtualized Evolved Packet Core (vEPC) Market Report Segmentation
By End User
- Telecom Operators
- Enterprises & Industrial Applications
- MVNE / MVNOs
- Government & Public Safety
- Cloud Service Providers
By Deployment Mode
- Cloud-based
- On-premise
- Hybrid
By Application
- IoT and M2M
- LTE/VoLTE/VoWiFi
- 5G Standalone (SA) Core
- 5G Non-Standalone (NSA) Core
- Mobile Private Networks (MPN) and MVNO
- Broadband Wireless Access (BWA)
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
TABLE 1 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2024, USD Million
TABLE 2 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market, 2025 - 2032, USD Million
TABLE 3 Key Customer Criteria – Virtualized Evolved Packet Core (vEPC) Market
TABLE 4 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2024, USD Million
TABLE 5 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by End User, 2025 - 2032, USD Million
TABLE 6 Asia Pacific Telecom Operators Market by Country, 2021 - 2024, USD Million
TABLE 7 Asia Pacific Telecom Operators Market by Country, 2025 - 2032, USD Million
TABLE 8 Asia Pacific Enterprises & Industrial Applications Market by Country, 2021 - 2024, USD Million
TABLE 9 Asia Pacific Enterprises & Industrial Applications Market by Country, 2025 - 2032, USD Million
TABLE 10 Asia Pacific MVNE / MVNOs Market by Country, 2021 - 2024, USD Million
TABLE 11 Asia Pacific MVNE / MVNOs Market by Country, 2025 - 2032, USD Million
TABLE 12 Asia Pacific Government & Public Safety Market by Country, 2021 - 2024, USD Million
TABLE 13 Asia Pacific Government & Public Safety Market by Country, 2025 - 2032, USD Million
TABLE 14 Asia Pacific Cloud Service Providers Market by Country, 2021 - 2024, USD Million
TABLE 15 Asia Pacific Cloud Service Providers Market by Country, 2025 - 2032, USD Million
TABLE 16 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2024, USD Million
TABLE 17 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2025 - 2032, USD Million
TABLE 18 Asia Pacific Cloud-based Market by Country, 2021 - 2024, USD Million
TABLE 19 Asia Pacific Cloud-based Market by Country, 2025 - 2032, USD Million
TABLE 20 Asia Pacific On-premise Market by Country, 2021 - 2024, USD Million
TABLE 21 Asia Pacific On-premise Market by Country, 2025 - 2032, USD Million
TABLE 22 Asia Pacific Hybrid Market by Country, 2021 - 2024, USD Million
TABLE 23 Asia Pacific Hybrid Market by Country, 2025 - 2032, USD Million
TABLE 24 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2024, USD Million
TABLE 25 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Application, 2025 - 2032, USD Million
TABLE 26 Asia Pacific IoT and M2M Market by Country, 2021 - 2024, USD Million
TABLE 27 Asia Pacific IoT and M2M Market by Country, 2025 - 2032, USD Million
TABLE 28 Asia Pacific LTE/VoLTE/VoWiFi Market by Country, 2021 - 2024, USD Million
TABLE 29 Asia Pacific LTE/VoLTE/VoWiFi Market by Country, 2025 - 2032, USD Million
TABLE 30 Asia Pacific 5G Standalone (SA) Core Market by Country, 2021 - 2024, USD Million
TABLE 31 Asia Pacific 5G Standalone (SA) Core Market by Country, 2025 - 2032, USD Million
TABLE 32 Asia Pacific 5G Non-Standalone (NSA) Core Market by Country, 2021 - 2024, USD Million
TABLE 33 Asia Pacific 5G Non-Standalone (NSA) Core Market by Country, 2025 - 2032, USD Million
TABLE 34 Asia Pacific Mobile Private Networks (MPN) and MVNO Market by Country, 2021 - 2024, USD Million
TABLE 35 Asia Pacific Mobile Private Networks (MPN) and MVNO Market by Country, 2025 - 2032, USD Million
TABLE 36 Asia Pacific Broadband Wireless Access (BWA) Market by Country, 2021 - 2024, USD Million
TABLE 37 Asia Pacific Broadband Wireless Access (BWA) Market by Country, 2025 - 2032, USD Million
TABLE 38 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Country, 2021 - 2024, USD Million
TABLE 39 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Country, 2025 - 2032, USD Million
TABLE 40 China Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2024, USD Million
TABLE 41 China Virtualized Evolved Packet Core (vEPC) Market, 2025 - 2032, USD Million
TABLE 42 China Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2024, USD Million
TABLE 43 China Virtualized Evolved Packet Core (vEPC) Market by End User, 2025 - 2032, USD Million
TABLE 44 China Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2024, USD Million
TABLE 45 China Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2025 - 2032, USD Million
TABLE 46 China Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2024, USD Million
TABLE 47 China Virtualized Evolved Packet Core (vEPC) Market by Application, 2025 - 2032, USD Million
TABLE 48 Japan Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2024, USD Million
TABLE 49 Japan Virtualized Evolved Packet Core (vEPC) Market, 2025 - 2032, USD Million
TABLE 50 Japan Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2024, USD Million
TABLE 51 Japan Virtualized Evolved Packet Core (vEPC) Market by End User, 2025 - 2032, USD Million
TABLE 52 Japan Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2024, USD Million
TABLE 53 Japan Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2025 - 2032, USD Million
TABLE 54 Japan Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2024, USD Million
TABLE 55 Japan Virtualized Evolved Packet Core (vEPC) Market by Application, 2025 - 2032, USD Million
TABLE 56 India Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2024, USD Million
TABLE 57 India Virtualized Evolved Packet Core (vEPC) Market, 2025 - 2032, USD Million
TABLE 58 India Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2024, USD Million
TABLE 59 India Virtualized Evolved Packet Core (vEPC) Market by End User, 2025 - 2032, USD Million
TABLE 60 India Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2024, USD Million
TABLE 61 India Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2025 - 2032, USD Million
TABLE 62 India Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2024, USD Million
TABLE 63 India Virtualized Evolved Packet Core (vEPC) Market by Application, 2025 - 2032, USD Million
TABLE 64 South Korea Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2024, USD Million
TABLE 65 South Korea Virtualized Evolved Packet Core (vEPC) Market, 2025 - 2032, USD Million
TABLE 66 South Korea Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2024, USD Million
TABLE 67 South Korea Virtualized Evolved Packet Core (vEPC) Market by End User, 2025 - 2032, USD Million
TABLE 68 South Korea Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2024, USD Million
TABLE 69 South Korea Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2025 - 2032, USD Million
TABLE 70 South Korea Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2024, USD Million
TABLE 71 South Korea Virtualized Evolved Packet Core (vEPC) Market by Application, 2025 - 2032, USD Million
TABLE 72 Singapore Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2024, USD Million
TABLE 73 Singapore Virtualized Evolved Packet Core (vEPC) Market, 2025 - 2032, USD Million
TABLE 74 Singapore Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2024, USD Million
TABLE 75 Singapore Virtualized Evolved Packet Core (vEPC) Market by End User, 2025 - 2032, USD Million
TABLE 76 Singapore Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2024, USD Million
TABLE 77 Singapore Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2025 - 2032, USD Million
TABLE 78 Singapore Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2024, USD Million
TABLE 79 Singapore Virtualized Evolved Packet Core (vEPC) Market by Application, 2025 - 2032, USD Million
TABLE 80 Malaysia Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2024, USD Million
TABLE 81 Malaysia Virtualized Evolved Packet Core (vEPC) Market, 2025 - 2032, USD Million
TABLE 82 Malaysia Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2024, USD Million
TABLE 83 Malaysia Virtualized Evolved Packet Core (vEPC) Market by End User, 2025 - 2032, USD Million
TABLE 84 Malaysia Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2024, USD Million
TABLE 85 Malaysia Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2025 - 2032, USD Million
TABLE 86 Malaysia Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2024, USD Million
TABLE 87 Malaysia Virtualized Evolved Packet Core (vEPC) Market by Application, 2025 - 2032, USD Million
TABLE 88 Rest of Asia Pacific Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2024, USD Million
TABLE 89 Rest of Asia Pacific Virtualized Evolved Packet Core (vEPC) Market, 2025 - 2032, USD Million
TABLE 90 Rest of Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2024, USD Million
TABLE 91 Rest of Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by End User, 2025 - 2032, USD Million
TABLE 92 Rest of Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2024, USD Million
TABLE 93 Rest of Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2025 - 2032, USD Million
TABLE 94 Rest of Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2024, USD Million
TABLE 95 Rest of Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Application, 2025 - 2032, USD Million
TABLE 96 Key Information – Nokia Corporation
TABLE 97 key information – Ericsson AB
TABLE 98 Key Information – Cisco Systems, Inc.
TABLE 99 Key Information – Huawei Technologies Co., Ltd.
TABLE 100 Key Information – ZTE Corporation
TABLE 101 Key Information – Samsung Electronics Co., Ltd.
TABLE 102 KEY INFORMATION – NEC Corporation
TABLE 103 Key Information – Tech Mahindra Limited
TABLE 104 Key Information – Intel Corporation
TABLE 105 Key Information – IBM Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting asia pacific Virtualized Evolved Packet Core (vEPC) Market
FIG 4 Value Chain Analysis of Virtualized Evolved Packet Core (vEPC) Market
FIG 5 Market Share Analysis, 2024
FIG 6 Porter’s Five Forces Analysis – Virtualized Evolved Packet Core (vEPC) MARKET
FIG 7 Product Life Cycle – Virtualized Evolved Packet Core (vEPC) Market
FIG 8 Market Consolidation – Virtualized Evolved Packet Core (vEPC) Market
FIG 9 Key Customer Criteria – Virtualized Evolved Packet Core (vEPC) Market
FIG 10 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market share by End User, 2024
FIG 11 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market share by End User, 2032
FIG 12 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2032, USD Million
FIG 13 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market share by Deployment Mode, 2024
FIG 14 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market share by Deployment Mode, 2032
FIG 15 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2032, USD Million
FIG 16 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market share by Application, 2024
FIG 17 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market share by Application, 2032
FIG 18 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2032, USD Million
FIG 19 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market share by Country, 2024
FIG 20 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market share by Country, 2032
FIG 21 Asia Pacific Virtualized Evolved Packet Core (vEPC) Market by Country, 2021 - 2032, USD Million
FIG 22 SWOT Analysis: Nokia Corporation
FIG 23 SWOT Analysis: Ericsson AB
FIG 24 SWOT Analysis: Cisco Systems, Inc.
FIG 25 SWOT Analysis: Huawei Technologies Co., Ltd.
FIG 26 Swot Analysis: ZTE Corporation
FIG 27 SWOT Analysis: Samsung Electronics Co., Ltd.
FIG 28 SWOT Analysis: NEC Corporation
FIG 29 SWOT Analysis: TECH MAHINDRA LIMITED
FIG 30 SWOT Analysis: Intel corporation
FIG 31 SWOT Analysis: IBM Corporation