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The Latin America, Middle East and Africa Virtualized Evolved Packet Core (vEPC) Market would witness market growth of 50.5% 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. The telecom operators have challenges such as upgrading legacy systems to address the changing demand of the end-users, intense competition, higher cost of OpEx and CapEx, and lower RoI; therefore, the operators are working on identifying more scalable and cost-effective solutions. The aforementioned factors would drive the adoption of vEPC by the telecom operators.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA. The market research report covers the competition analysis of key stake holders of the Latin America, Middle East and Africa 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.