Virtual Evolved Packet Core Market Analysis

Component (Solutions, Services)

The global virtual evolved packet core market is segmented and analyzed for demand and supply by component into solutions and services. Amongst these the services segment is anticipated to hold the highest market share by the end of 2037. This is attributed to the increasing and changing trends in the technologies that gave rise to the services segment by the end users. The overall service segment has a high impact on the virtual evolved packet core market. The demand for virtual evolved packet core grew from 15% in 2015 to 21% in 2021.

Deployment Type (Cloud, On-premises)

The global virtual evolved packet core market is segmented and analyzed for demand and supply by deployment type into cloud and on-premises. Out of these, the cloud segment is anticipated to hold the largest market share in the forecast period. Among small and medium-scale enterprises cloud computing receiving a lot of recognition and popularity. Ease of adoption, scalability, minimal requirement of in-house infrastructure, and easy installation of the network are a few advantages of the cloud segment. These properties promote the faster growth of the cloud segment.

Our in-depth analysis of the global market includes the following segments:

By Component	Solution Services
By Deployment Type	Cloud On-Premises
By Application	LTE VoLTE & VoWiFi loT & M2M MPN & MVNO BWA
By End User	Telecom Operators Enterprises

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of virtual evolved packet core is assessed at USD 11.33 billion.

The virtual evolved packet core market size was over USD 9.39 billion in 2024 and is poised to reach USD 187.36 billion by the end of 2037, witnessing around 25.6% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for high-quality mobile services, and the ongoing development of vEPC framework with 5G networking, will propel the market growth.

North America is anticipated to emerge as the fastest-growing industry through 2037, impelled by rise in usage of virtual evolved packet core solutions and services including the highest rate of 5G adoption, and collaboration of market players to deploy vEPC efficiently on large scale.

The major players in the market include Metaswitch Networks, Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Nanjing ZTE software Co. Ltd., Nokia Corporation, Huawei Technologies Co., Ltd., Affirmed Networks, Mavenir Systems, Inc., Samsung Electronics Co., Ltd., NEC Corporation, Intel Corporation.

Virtual Evolved Packet Core Market Analysis