Top 10 Companies In Virtualized Evolved Packet Core Market

The Virtualized Evolved Packet Core (vEPC) Market is expected to reach $17.05 billion by 2028, at a CAGR of 23.4% during the forecast period of 2021 to 2028. The steady growth of the virtualized evolved packet core market is mainly attributed to the growing mobile data traffic volume, increasing need to reduce operational expenditure (OPEX) and capital expenditure (CAPEX), IoT deployment, agile networks, and increasing demand for broadband services over mobile networks. Furthermore, the increasing adoption of cloud-native 5G core and growing investment in 5G network is creating new growth opportunities for vendors in the virtualized evolved packet core market. However, the growing security risks associated with virtualized evolved packet core infrastructure and lack of awareness about virtualized evolved packet core solutions pose serious challenges to the adoption of virtualized evolved packet core solutions.

Here are the top 10 companies operating in the Virtualized Evolved Packet Core (vEPC) Market

Cisco Systems, Inc.

Cisco Systems, Inc. (Cisco) designs and sells a broad range of technologies that power the Internet. Across networking, security, collaborations, applications, and the cloud, its intent-based technologies continuously learn and adapt to provide customers with highly secure, intelligent platforms for their digital businesses. The company operates through five business segments, namely, Infrastructure Platforms, Services, Applications, Security, and Other Products.

The company offers advanced technologies, such as IP, security, home networking, optical networking, storage area networking, and wireless portals. With its subsidiaries and a strong distribution network, the company has a presence across the Americas, EMEA, and APJC. Some of its subsidiaries are Cisco WebEx, Inc. (U.S.), OpenDNS (U.S.), and BroadSoft, Inc. (U.S.).

Telefonaktiebolaget LM Ericsson SE

Telefonaktiebolaget LM Ericsson SE (Ericsson) is a multinational networking and telecommunications company. It is a leader in 4G and 5G mobile technologies and provides support for networks. The company operates through four business segments, namely, Networks, Digital Services, Managed Services, and Emerging Business and Other. The company’s virtual evolved packet core portfolio comprises mobile and fixed network infrastructure, telecom services, and broadband & multimedia solutions for operators, enterprises, and the media industry.

With its subsidiaries and a strong distribution network, the company has a presence across North America, Europe & Latin America, the Middle East & Africa, Northeast Asia, Southeast Asia, Oceania, and India. Some of its subsidiaries are Ericsson-LG (South Korea), Ericsson-Nikola Tesla (Croatia), and Cenx, Inc. (U.S.).

Huawei Technologies Co., Ltd.

Huawei Technologies Co., Ltd. (Huawei) is a telecommunication solutions company that offers infrastructure application software and devices with wireline, wireless, and IP technologies. The company operates through four business segments, namely, Carrier Business, Enterprise Business, Consumer Business, and Other. The company’s virtual evolved packet core portfolio comprises enterprise wireless, Cloud Core, carrier networks, telecom services, and enterprise networking solutions for consumers and enterprises.

With its subsidiaries and a strong distribution network, the company has a presence across China, EMEA, APAC, and America. Some of its subsidiaries are Huawei Device Co., Ltd (China), Huawei Machine Co., Ltd (China), and Shanghai Huawei Technologies Co., Ltd (Shanghai).

Affirmed Networks, Inc.

Affirmed Networks, Inc. (Affirmed Networks) is engaged in transforming and advancing intelligence in mobile data networks. The company develops mobile network platforms that provide IoT virtualization, virtual evolved packet core, and virtual probe & analytics solutions. The company’s mobile core capabilities include 5G NR, virtualized DPI, and GiLAN services, optimized IoT access, Wi-Fi and service automation, and cloud-native mobile core solutions. The company has a presence across the U.S., India, the UAE, and Czechia.

In 2020, Microsoft acquired the company for approximately USD 1.35 billion. Microsoft Corporation operates through three business segments, namely Intelligent Cloud, Personal Computing, and Productivity & Business Processes. Affirmed operates under Microsoft’s Intelligent Cloud segment post this acquisition.

Mavenir Systems,Inc.

Founded in 2005 and headquartered in Texas, U.S., Mavenir Systems, Inc. (Mavenir Systems) is a telecommunication software company. The company focuses on accelerating and redefining mobile network economics transformation for communications service providers. The company’s core capabilities are VoLTE, VoWiFi, virtualized evolved packet core, and virtualized RAN.

With its subsidiaries and a strong distribution network, the company has a presence across North America, the Caribbean & Latin America, Europe, the Middle East & Africa, Asia-Pacific, and South Asia. Some of its subsidiaries are Ranzure Networks, Inc. (U.S.), Netonomy, Ltd. (Israel), and Aquto Corporation (U.S.).

Meticulous Research in its latest publication on Virtualized Evolved Packet Core (vEPC) Market has predicted the growth of 23.4% during the forecast year 2021-2028.

Nokia Corporation

Nokia Corporation (Nokia) is a multinational communications company engaged in manufacturing mobile devices, network infrastructure, location-based technologies, and advanced technologies. The company operates through four business segments, namely, Networks, Nokia Software, Nokia Technologies, and Other. Nokia’s virtual evolved packet core business is categorized under the Networks segment.

With its subsidiaries and a strong distribution network, the company has a presence across North America, Europe, Asia-Pacific, Greater China, Latin America, and the Middle East & Africa. Some of its subsidiaries are Nokia Networks (Finland), Alcatel Lucent (France), Scalado (Sweden), and Novarra, Inc. (U.S.).

ZTE Corporation

ZTE Corporation (ZTE) is a telecommunications and networking company that provides wireless communication systems, wireline switch and access equipment, optical and data communications equipment, handsets, and network slicing software and services. The company operates through three business segments, namely Consumer Business, Carrier Networks, and Government and Corporate Business. The company’s virtual evolved packet core portfolio comprises Core networks, mobile and fixed network infrastructure, network automation, 5G services, 5G NFV, and Cloud Core networks.

With its subsidiaries and a strong distribution network, the company has a presence across the PRC, Europe, the Americas, Oceania, and Africa. Some of its subsidiaries are Double Fine Productions, Inc. (U.S.), GitHub, Inc. (U.S.), Mojang (Sweden), and Skype (U.S.).

F5 Networks , Inc.

F5 Networks, Inc. (F5 Networks) is a networking company and a leader in delivering networking technology for web applications. The company operates through two business segments, namely, Products and Services. The company’s virtual evolved packet core portfolio comprises SGI, virtual application delivery controllers, diameter signaling, and IMS networks.

With its subsidiaries and a strong distribution network, the company has a presence across the Americas, EMEA, and AsiaPacific. Some of the company’s subsidiaries are Volterra, Inc. (U.S.), NGINX, Inc. (U.S.), and Versafe Ltd. (Israel).

NEC Corporation

NEC Corporation is a multinational information technology and electronics company engaged in manufacturing and distributing computer peripherals and IT infrastructure and networking products. The company operates through six business segments, namely Public Solutions Business, Public Infrastructure Business, Enterprise Business, Network Services Business, Global Business, and Others. The company’s virtual evolved packet core portfolio comprises core networks, mobile and fixed network infrastructure, and 5G Core & LTE networks.

With its subsidiaries and a strong distribution network, the company has a presence across North America, EMEA, Latin America, Asia, and Oceania. Some of its subsidiaries are Avaloq (Switzerland), NEC Solution Innovators (Japan), Netcracker Technology Corporation (U.S.), and ABeam Consulting Ltd. (Japan).

IPLOOK Technologies Co., Ltd.

Founded in 2012 and headquartered in Hong Kong, China, IPLOOK Technologies Co., Ltd (IPLOOK) is a leading software company offering flexible development of 3G/4G/5G Core networks, customized services, and end-to-end mobile core solutions.

The company has developed a mobile core network platform that provides E2E Mobile Core Solutions, 5G Core networks, and IP multimedia subsystems (IMS). The company has its presence across China and Southeast Asia.

Popular Mentions: Parallel Wireless, Inc., Polaris Networks, Athonet srl, Samsung Electronics Co., Ltd., Intel Corporation, LEMKO Corporation, Tecore, Inc., and Metaswitch Networks

Authoritative Research on the Virtualized Evolved Packet Core (vEPC) Market – Global Opportunity Analysis and Industry Forecast (2021-2028)

Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:

• Recent financial performance
• Key products
• Significant company strategies
• Partnerships and acquisitions

The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.