Virtualized Evolved Packet Core Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Virtualized Evolved Packet Core Industry Overview

The virtualized evolved packet core (vEPC) market is moderately fragmented with companies focusing on deploying 5G infrastructure services for offering high-quality services to the consumers. The companies are adopting partnership and acquisition strategies to expand their customer base and mark their presence in the market.

• June 2019 - Mavenir started offering a virtual Radio Access Network alternative to the global mobile network supply oligopoly and is currently contesting several tenders and requests for information (RFI) for mobile networks across the APAC region.
• May 2019 - Vodafone Idea Limited to deploy Ericsson cloud packet core to enhance network performance. VIL will benefit from Ericsson’s market-leading core network applications and Network Functions such as Ericsson virtual Evolved Packet Gateway (vEPG), Service-Aware Policy Controller (vSAPC) and Virtualization Infrastructure (NFVI) solution enabling the fast introduction of new services and providing full-service continuity.
• November 2017 - Ericsson partnered with Telefónica Chile to deploy Ericsson’s Network Functions Virtualization (NFV) solution, including vEPC, virtual Authentication Authorization and Accounting (AAA), Virtual IP Multimedia Subsystem (IMS), and NFV Infrastructure (NFVi) to virtualize their network function.