North America Virtualized Evolved Packet Core (vEPC) Market Size, Share & Industry Analysis Report By End User, By Deployment Mode (Cloud-based, On-premise, and Hybrid), By Application (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)), By Country and Growth Forecast, 2025 - 2032

The North America Virtualized Evolved Packet Core (vEPC) Market would witness market growth of 24.9% CAGR during the forecast period (2025-2032).

The US market dominated the North America 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 $8,883.9 million by 2032. The Canada market is experiencing a CAGR of 27.1% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 26.3% during (2025 - 2032). The US and Canada led the North America Virtualized Evolved Packet Core (vEPC) Market by Country with a market share of 71.9% and 14% in 2024.

The North American vEPC market has become a crucial part of the region's move toward software-defined, cloud-native mobile networks. This is due to the early adoption of LTE, rapid growth in mobile data traffic, and pressure on old hardware-based cores. Strong government support for digital modernization and early investments by major operators in network virtualization sped up the shift toward flexible, scalable vEPC architectures. Telecom companies and OEMs worked together to replace proprietary infrastructure with virtualized core functions running on COTS servers. This improved system flexibility, cost-effectiveness, and capability for advanced services such as private LTE, IoT, and mission-critical communications. As a result, vEPC has become a strategic tool for making wireless solutions in North America more efficient, mobile, and business-focused.

Important trends are shaping the market. These include distributed and edge-enabled core deployments, growth of private LTE/5G networks using CBRS spectrum, and movement toward cloud-native, containerized vEPC that matches 5G Core evolution. Top companies are solidifying their positions by investing in automation and open, interoperable ecosystems. They are also forming partnerships with hyperscale cloud providers to support low-latency, enterprise, and edge use cases. Competition remains fierce. Telecom OEMs, operators, cloud providers, and specialized vendors all strive to offer solutions that are flexible, scalable, and meet industry standards. The North American vEPC market is a mature but fast-changing ecosystem. It links legacy LTE networks with the future of cloud-native 5G networks.

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 US Virtualized Evolved Packet Core (vEPC) Market by End User is expected to grow at a CAGR of 23.1 % during the forecast period thereby continuing its dominance until 2032. Also, The Cloud Service Providers market is anticipated to grow as a CAGR of 27.9 % during the forecast period during (2025 - 2032).

Deployment Mode Outlook

Based on Deployment Mode, the market is segmented into Cloud-based, On-premise, and Hybrid. Among various Canada Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode; The Cloud-based market achieved a market size of USD $173.9 Million in 2024 and is expected to grow at a CAGR of 26.5 % during the forecast period. The Hybrid market is predicted to experience a CAGR of 28.2% 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

The US is a very advanced and important VPC market, thanks to fast 5G rollouts, strong digital transformation in businesses, and big investments by telecom companies. The move from old EPC systems to new, cloud-native, and 5G-ready core architectures is speeding up because of the rise in mobile data traffic from video streaming, gaming, and IoT apps. Key growth drivers include the nationwide rollout of 5G, federal support for upgrading telecom infrastructure, and the increasing use of private 4G and 5G networks in industries like manufacturing, healthcare, and logistics. Market trends show that cloud-native cores, containerized network functions, mobile edge computing, and AI-driven automation are becoming more popular. Competition is still fierce, with global network vendors, cloud hyperscalers, and new software companies driving innovation. At the same time, operators are still focusing on scalability, agility, and cost-effectiveness through virtualization.

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

North America 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

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Virtualized Evolved Packet Core (vEPC) Market, by End User
1.4.2 North America Virtualized Evolved Packet Core (vEPC) Market, by Deployment Mode
1.4.3 North America Virtualized Evolved Packet Core (vEPC) Market, by Application
1.4.4 North America Virtualized Evolved Packet Core (vEPC) Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario 
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Market Trends – North America Virtualized Evolved Packet Core (vEPC) Market
Chapter 5. State of Competition – North America Virtualized Evolved Packet Core (vEPC) Market
Chapter 6. Value Chain Analysis of Virtualized Evolved Packet Core (vEPC) Market
Chapter 7. Competition Analysis - Global
7.1 Market Share Analysis, 2024
7.2 Porter Five Forces Analysis

Chapter 8. Product Life Cycle – Virtualized Evolved Packet Core (vEPC) Market
Chapter 9. Market Consolidation – Virtualized Evolved Packet Core (vEPC) Market
Chapter 10. Key Customer Criteria – Virtualized Evolved Packet Core (vEPC) Market
Chapter 11. North America Virtualized Evolved Packet Core (vEPC) Market by End User
11.1 North America Telecom Operators Market by Region
11.2 North America Enterprises & Industrial Applications Market by Region
11.3 North America MVNE / MVNOs Market by Region
11.4 North America Government & Public Safety Market by Region
11.5 North America Cloud Service Providers Market by Region

Chapter 12. North America Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode
12.1 North America Cloud-based Market by Country
12.2 North America On-premise Market by Country
12.3 North America Hybrid Market by Country

Chapter 13. North America Virtualized Evolved Packet Core (vEPC) Market by Application
13.1 North America IoT and M2M Market by Country
13.2 North America LTE/VoLTE/VoWiFi Market by Country
13.3 North America 5G Standalone (SA) Core Market by Country
13.4 North America 5G Non-Standalone (NSA) Core Market by Country
13.5 North America Mobile Private Networks (MPN) and MVNO Market by Country
13.6 North America Broadband Wireless Access (BWA) Market by Country

Chapter 14. North America Virtualized Evolved Packet Core (vEPC) Market by Country
14.1 US Virtualized Evolved Packet Core (vEPC) Market
14.1.1 US Virtualized Evolved Packet Core (vEPC) Market by End User
14.1.2 US Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode
14.1.3 US Virtualized Evolved Packet Core (vEPC) Market by Application
14.2 Canada Virtualized Evolved Packet Core (vEPC) Market
14.2.1 Canada Virtualized Evolved Packet Core (vEPC) Market by End User
14.2.2 Canada Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode
14.2.3 Canada Virtualized Evolved Packet Core (vEPC) Market by Application
14.3 Mexico Virtualized Evolved Packet Core (vEPC) Market
14.3.1 Mexico Virtualized Evolved Packet Core (vEPC) Market by End User
14.3.2 Mexico Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode
14.3.3 Mexico Virtualized Evolved Packet Core (vEPC) Market by Application
14.4 Rest of North America Virtualized Evolved Packet Core (vEPC) Market
14.4.1 Rest of North America Virtualized Evolved Packet Core (vEPC) Market by End User
14.4.2 Rest of North America Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode
14.4.3 Rest of North America Virtualized Evolved Packet Core (vEPC) Market by Application

Chapter 15. Company Profiles
15.1 Nokia Corporation
15.1.1 Company Overview
15.1.2 Financial Analysis
15.1.3 Segmental and Regional Analysis
15.1.4 Research & Development Expense
15.1.5 Recent strategies and developments:
15.1.5.1 Product Launches and Product Expansions:
15.1.6 SWOT Analysis
15.2 Ericsson AB
15.2.1 Company Overview
15.2.2 Financial Analysis
15.2.3 Segmental and Regional Analysis
15.2.4 Research & Development Expense
15.2.5 SWOT Analysis
15.3 Cisco Systems, Inc.
15.3.1 Company Overview
15.3.2 Financial Analysis
15.3.3 Regional Analysis
15.3.4 Research & Development Expense
15.3.5 SWOT Analysis
15.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
15.4.1 Company Overview
15.4.2 Financial Analysis
15.4.3 Segmental and Regional Analysis
15.4.4 Research & Development Expenses
15.4.5 SWOT Analysis
15.5 ZTE Corporation
15.5.1 Company Overview
15.5.2 Financial Analysis
15.5.3 Segmental and Regional Analysis
15.5.4 Research & Development Expenses
15.5.5 SWOT Analysis
15.6 Samsung Electronics Co., Ltd. (Samsung Group)
15.6.1 Company Overview
15.6.2 Financial Analysis
15.6.3 Segmental and Regional Analysis
15.6.4 Research & Development Expenses
15.6.5 SWOT Analysis
15.7 NEC Corporation
15.7.1 Company Overview
15.7.2 Financial Analysis
15.7.3 Segmental and Regional Analysis
15.7.4 Research & Development Expenses
15.7.5 SWOT Analysis
15.8 Tech Mahindra Limited
15.8.1 Company Overview
15.8.2 Financial Analysis
15.8.3 Segmental and Regional Analysis
15.8.4 Research & Development Expenses
15.8.5 SWOT Analysis
15.9 Intel Corporation
15.9.1 Company Overview
15.9.2 Financial Analysis
15.9.3 Segmental and Regional Analysis
15.9.4 Research & Development Expenses
15.9.5 Recent strategies and developments:
15.9.5.1 Partnerships, Collaborations, and Agreements:
15.9.6 SWOT Analysis
15.10. IBM Corporation
15.10.1 Company Overview
15.10.2 Financial Analysis
15.10.3 Regional & Segmental Analysis
15.10.4 Research & Development Expenses
15.10.5 SWOT Analysis

TABLE 1 North America Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2024, USD Million
TABLE 2 North America Virtualized Evolved Packet Core (vEPC) Market, 2025 - 2032, USD Million
TABLE 3 Key Customer Criteria – Virtualized Evolved Packet Core (vEPC) Market
TABLE 4 North America Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2024, USD Million
TABLE 5 North America Virtualized Evolved Packet Core (vEPC) Market by End User, 2025 - 2032, USD Million
TABLE 6 North America Telecom Operators Market by Region, 2021 - 2024, USD Million
TABLE 7 North America Telecom Operators Market by Region, 2025 - 2032, USD Million
TABLE 8 North America Enterprises & Industrial Applications Market by Region, 2021 - 2024, USD Million
TABLE 9 North America Enterprises & Industrial Applications Market by Region, 2025 - 2032, USD Million
TABLE 10 North America MVNE / MVNOs Market by Region, 2021 - 2024, USD Million
TABLE 11 North America MVNE / MVNOs Market by Region, 2025 - 2032, USD Million
TABLE 12 North America Government & Public Safety Market by Region, 2021 - 2024, USD Million
TABLE 13 North America Government & Public Safety Market by Region, 2025 - 2032, USD Million
TABLE 14 North America Cloud Service Providers Market by Region, 2021 - 2024, USD Million
TABLE 15 North America Cloud Service Providers Market by Region, 2025 - 2032, USD Million
TABLE 16 North America Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2024, USD Million
TABLE 17 North America Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2025 - 2032, USD Million
TABLE 18 North America Cloud-based Market by Country, 2021 - 2024, USD Million
TABLE 19 North America Cloud-based Market by Country, 2025 - 2032, USD Million
TABLE 20 North America On-premise Market by Country, 2021 - 2024, USD Million
TABLE 21 North America On-premise Market by Country, 2025 - 2032, USD Million
TABLE 22 North America Hybrid Market by Country, 2021 - 2024, USD Million
TABLE 23 North America Hybrid Market by Country, 2025 - 2032, USD Million
TABLE 24 North America Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2024, USD Million
TABLE 25 North America Virtualized Evolved Packet Core (vEPC) Market by Application, 2025 - 2032, USD Million
TABLE 26 North America IoT and M2M Market by Country, 2021 - 2024, USD Million
TABLE 27 North America IoT and M2M Market by Country, 2025 - 2032, USD Million
TABLE 28 North America LTE/VoLTE/VoWiFi Market by Country, 2021 - 2024, USD Million
TABLE 29 North America LTE/VoLTE/VoWiFi Market by Country, 2025 - 2032, USD Million
TABLE 30 North America 5G Standalone (SA) Core Market by Country, 2021 - 2024, USD Million
TABLE 31 North America 5G Standalone (SA) Core Market by Country, 2025 - 2032, USD Million
TABLE 32 North America 5G Non-Standalone (NSA) Core Market by Country, 2021 - 2024, USD Million
TABLE 33 North America 5G Non-Standalone (NSA) Core Market by Country, 2025 - 2032, USD Million
TABLE 34 North America Mobile Private Networks (MPN) and MVNO Market by Country, 2021 - 2024, USD Million
TABLE 35 North America Mobile Private Networks (MPN) and MVNO Market by Country, 2025 - 2032, USD Million
TABLE 36 North America Broadband Wireless Access (BWA) Market by Country, 2021 - 2024, USD Million
TABLE 37 North America Broadband Wireless Access (BWA) Market by Country, 2025 - 2032, USD Million
TABLE 38 North America Virtualized Evolved Packet Core (vEPC) Market by Country, 2021 - 2024, USD Million
TABLE 39 North America Virtualized Evolved Packet Core (vEPC) Market by Country, 2025 - 2032, USD Million
TABLE 40 US Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2024, USD Million
TABLE 41 US Virtualized Evolved Packet Core (vEPC) Market, 2025 - 2032, USD Million
TABLE 42 US Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2024, USD Million
TABLE 43 US Virtualized Evolved Packet Core (vEPC) Market by End User, 2025 - 2032, USD Million
TABLE 44 US Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2024, USD Million
TABLE 45 US Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2025 - 2032, USD Million
TABLE 46 US Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2024, USD Million
TABLE 47 US Virtualized Evolved Packet Core (vEPC) Market by Application, 2025 - 2032, USD Million
TABLE 48 Canada Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2024, USD Million
TABLE 49 Canada Virtualized Evolved Packet Core (vEPC) Market, 2025 - 2032, USD Million
TABLE 50 Canada Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2024, USD Million
TABLE 51 Canada Virtualized Evolved Packet Core (vEPC) Market by End User, 2025 - 2032, USD Million
TABLE 52 Canada Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2024, USD Million
TABLE 53 Canada Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2025 - 2032, USD Million
TABLE 54 Canada Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2024, USD Million
TABLE 55 Canada Virtualized Evolved Packet Core (vEPC) Market by Application, 2025 - 2032, USD Million
TABLE 56 Mexico Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2024, USD Million
TABLE 57 Mexico Virtualized Evolved Packet Core (vEPC) Market, 2025 - 2032, USD Million
TABLE 58 Mexico Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2024, USD Million
TABLE 59 Mexico Virtualized Evolved Packet Core (vEPC) Market by End User, 2025 - 2032, USD Million
TABLE 60 Mexico Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2024, USD Million
TABLE 61 Mexico Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2025 - 2032, USD Million
TABLE 62 Mexico Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2024, USD Million
TABLE 63 Mexico Virtualized Evolved Packet Core (vEPC) Market by Application, 2025 - 2032, USD Million
TABLE 64 Rest of North America Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2024, USD Million
TABLE 65 Rest of North America Virtualized Evolved Packet Core (vEPC) Market, 2025 - 2032, USD Million
TABLE 66 Rest of North America Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2024, USD Million
TABLE 67 Rest of North America Virtualized Evolved Packet Core (vEPC) Market by End User, 2025 - 2032, USD Million
TABLE 68 Rest of North America Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2024, USD Million
TABLE 69 Rest of North America Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2025 - 2032, USD Million
TABLE 70 Rest of North America Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2024, USD Million
TABLE 71 Rest of North America Virtualized Evolved Packet Core (vEPC) Market by Application, 2025 - 2032, USD Million
TABLE 72 Key Information – Nokia Corporation
TABLE 73 key information – Ericsson AB
TABLE 74 Key Information – Cisco Systems, Inc.
TABLE 75 Key Information – Huawei Technologies Co., Ltd.
TABLE 76 Key Information – ZTE Corporation
TABLE 77 Key Information – Samsung Electronics Co., Ltd.
TABLE 78 KEY INFORMATION – NEC Corporation
TABLE 79 Key Information – Tech Mahindra Limited
TABLE 80 Key Information – Intel Corporation
TABLE 81 Key Information – IBM Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Virtualized Evolved Packet Core (vEPC) Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting north America 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 North America Virtualized Evolved Packet Core (vEPC) Market share by End User, 2024
FIG 11 North America Virtualized Evolved Packet Core (vEPC) Market share by End User, 2032
FIG 12 North America Virtualized Evolved Packet Core (vEPC) Market by End User, 2021 - 2032, USD Million
FIG 13 North America Virtualized Evolved Packet Core (vEPC) Market share by Deployment Mode, 2024
FIG 14 North America Virtualized Evolved Packet Core (vEPC) Market share by Deployment Mode, 2032
FIG 15 North America Virtualized Evolved Packet Core (vEPC) Market by Deployment Mode, 2021 - 2032, USD Million
FIG 16 North America Virtualized Evolved Packet Core (vEPC) Market share by Application, 2024
FIG 17 North America Virtualized Evolved Packet Core (vEPC) Market share by Application, 2032
FIG 18 North America Virtualized Evolved Packet Core (vEPC) Market by Application, 2021 - 2032, USD Million
FIG 19 North America Virtualized Evolved Packet Core (vEPC) Market share by Country, 2024
FIG 20 North America Virtualized Evolved Packet Core (vEPC) Market share by Country, 2032
FIG 21 North America 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