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The Europe Virtualized Evolved Packet Core (vEPC) Market would witness market growth of 45.6% 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. VoLTE is among the most preferred options by the Communications Service Providers (CSPs) as it allows transfer of voice traffic over IP based networks. VoWiFi also functions on same mobile core network as VoLTE.
The IoT and Machine to Machine (M2M) segment is projected to grow at the highest CAGR during the forecast period. The adoption of Virtualized EPC solutions into IoT core network, the operators could offer superior connectivity for M2M devices and work on offering new services to the end-users. 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the competition analysis of key stake holders of the Europe 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.