London, July 21, 2021 (GLOBE NEWSWIRE) – According to a new market research report entitled “Virtualized developed packet core market by component (solution, services), application (LTE & VoLTE, IoT & M2M, MPN & MVNO), deployment mode (on-premise, cloud), end-user (telecom, company and others) – global forecast up to 2028th”, the virtualized advanced packet core market is expected to grow at a CAGR of 23.4% to $ 17.05 billion by 2028 from 2021 to 2028.

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Virtualized Evolved Packet Core (vEPC) is a framework for virtualizing the functions required for the convergence of voice and data in 4G Long Term Evolution (LTE) networks. vEPC enables communication service providers to reduce costs by moving core network components of the Long-Term Evolution (LTE) network from expensive dedicated hardware to low-cost commercial standard servers (COTS). In addition, virtualized advanced packages …

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