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The Asia Pacific Virtualized Evolved Packet Core (vEPC) Market would witness market growth of 49.3% CAGR during the forecast period (2017 ? 2023). Virtual Evolved Packet Core (vEPC) is a framework used in virtualizing the functions necessary in converging voice and data on 4G Long-Term Evolution (LTE) networks.
vEPC moves the traditionally run hardware-based core network components to software which are a low-cost commercial off-the-shelf (COTS) servers. APAC would be the region with tremendous potential and the region would grow at the highest CAGR during the forecast period. Mobile operators in countries such as Japan, South Korea, and China are the early adopters of the vEPC solutions.
The major players in the region have implemented virtualized network components on their network for Voice over LTE (VoLTE), IoT, and M2M communication. APAC region still has operators using traditional EPC solutions, and the shift towards vEPC solutions is expected to gain momentum during the forecast period. Based on Type, the Virtualized Evolved Packet Core (vEPC) Market segments the market into Solution and Services.
Solution Type includes Mobility Management Entity, Home Subscriber Server, Serving Gateway, Packet Data Network Gateway, and Policy & Charging Rules Function. Services type includes Professional and Managed Services. Based on Use Cases, the market report segments the market into LTE, VOLTE, & VoWiFi, Broadband Wireless Access, IoT & M2M, and MPN & MVNO. Based on End User, the Virtualized Evolved Packet Core (vEPC) Market segments the market into Enterprises and Telecom Operators.
Based on Deployment Type, the market report segments the market into Cloud and On-Premise Based on Countries, the Virtualized Evolved Packet Core (vEPC) Market segments the market into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the competition analysis of key stake holders of the Asia Pacific Virtualized Evolved Packet Core (vEPC) Market. Key companies profiled in the report include Affirmed Networks, Ericsson AB, Huawei Technologies Co., Ltd., ZTE Corporation, NEC Corporation, Nokia Corporation, Cisco Systems, Inc., Samsung Electronics Co., Ltd., Mavenir Systems, and Athonet.