DUBLIN, February 18, 2021 / PRNewswire / – The “Global Market for Virtualized Evolved Packet Core (vEPC) by Components (Solutions and Services (Professional & Managed)), Deployment Model (Cloud, Local), Network Type (4G & 5G), End Users (Telecommunications Operators, Enterprises) and Region – Forecast to 2026 “ Report was added ResearchAndMarkets.com Offer.
The global vEPC (Virtualized Evolved Packet Core) market is expected to grow $ 3.9 billion in 2020 to $ 13.7 billion by 2026 with an average compound annual growth rate (CAGR) of 22.8% over the forecast period.
The vEPC market is growing in importance due to the development of cellular network technology, which offers higher data speeds and lower latency times. The vEPC market is growing in importance due to its cloud-native and virtual machine-based architecture that will improve the modularity of products.
The Managed Services segment is expected to grow with the highest CAGR in the forecast period
Store managed services on the vEPC market …