Report ID: SQSG50C2010
Virtualized Evolved Packet Core Market Size, Share, Growth Analysis, By Components(Solutions, services), By Application(LTE, VoLTE, IoT, M2M), By Deployment Mode(On premises, cloud), By End Users(Telecom, enterprises), By Service(Professional services, Consulting, Integration and deployment, training and support), By Network(5-G and 4-G), By Region - Industry Forecast 2024-2031
Report ID:
SQSG50C2010 |
Region:
Global |
Published Date: February, 2024
Pages:
211
|
Tables:
171 |
Figures:
79
Virtualized Evolved Packet Core Market Dynamics
Virtualized Evolved Packet Core Market Driver
- Increasing Mobile Network Data Traffic
Currently, 68% of all mobile data traffic consists of video. Both the rising average data usage per subscription and the rising subscription rate for smartphones are to blame for the increase in traffic. India, which continues to have the highest monthly smartphone usage at 15.9GB, is one of the nations where traffic growth has been on the upswing.
Virtualized Evolved Packet Core Market Restraint
- Rising Security Concerns
The existing legacy networks (2G, 3G, and 3.5G) and internet service networks are connected to the 4G/LTE network, as well as vertical industrial networks for things like cars, factories, and loT devices. It will build a network link structure centred on the 4G/LTE networks out of intricate heterogeneous networks. Due to the intricacy of these networks, weak links may form between networks and devices that have varying levels of security technology and security needs. The ability to weaken 4G/LTE security is restrains the market growth.
Virtualized Evolved Packet Core Market Report Snapshots
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