India Virtualized Evolved Packet Core Market Is Driving Through Adoption Of Cloud-Based vEPC Solutions In The Forecast Period
Increasing virtualization of core network infrastructure,
conjunction with policies and other traffic management techniques, and
increasing demand for mobility management and session management are aiding India
Virtualized Evolved Packet Core Market to grow in the forecast period.
According to TechSci Research report, “Virtualized
Evolved Packet Core Market - India Industry Size, Share, Trends,
Opportunity, and Forecast. 2018–2028,” the India Virtualized
Evolved Packet Core market is anticipated to
register a robust growth during the forecast period, 2024-2028. The India Virtualized
Evolved Packet Core(vEPC) Market is being driven by the construction of 5G
infrastructure. There have been numerous technological developments, such as 5G
in the telecommunications sector, the usage of technologies like IoT is
prompting MNOs to construct 5G infrastructure because of the rise in data
traffic. Faster data transfer and on-demand network service provisioning will
be possible with 5G. As a result, it is predicted that MNOs everywhere deploy
vEPC to strengthen their networks, better utilisation of radio resources, and
increase network capacity.
A Virtual
Evolved Packet Core (vEPC), which unifies voice and data processing, is a
framework for mobile networking. It is accomplished using Network Functions
Virtualization (NFV), which virtualizes the Evolved Packet Core (EPC) functions
and enable them to use inexpensive Commercial Off-The-Shelf (COTS) servers.
Theoretically customising networks, meeting the needs of individual consumers,
and mixing and matching specific network components as required improves mobile
operators' total cost of ownership (TCO) and service quality. The framework was
developed, which has been used for 4G LTE, and will be crucial for the
construction of the 5G network.
Moreover,
the use of cloud computing is becoming increasingly common among small and
medium-sized businesses. Many businesses are gradually implementing cloud
infrastructure, which is anticipated to expand in the upcoming years. The
advantages of cloud infrastructure, such as its simplicity of use, low need for
internal infrastructure, scalability, and simplicity of networking solution installation,
enable the market's rapid expansion in India for Virtualized Evolved Packet
Core Systems.
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The India Virtualized Evolved Packet Core Market is
segmented by component type, end user, and use. Based on component type, the
market is divided into solution and services. Based on end user, the market is
divided into telecom operator and enterprise. Based on use, the market is
segmented into Long Term Evolution (LTE), Voice Over LTE (VoLTE), and Voice
over Wi-Fi (VoWiFi), Broadband Wireless Access (BWA), Internet of Things (IoT)
and Machine to Machine (M2M), Mobile Private Networks (MPN’s) and Mobile
Virtual Network Operators (MVNO’s).
In terms of component type, the market for the
virtualized evolved packet core (vEPC) in 2022 was dominated by the solution
segment. The factors propelling the growth of this market segment include the
growing requirement to lower OPEX and CAPEX, increasing mobile data traffic
volume, and rising demand for high-speed and extensive network coverage. The
usability, importance, and simplicity of virtualized evolving packet core
solutions contribute to the market's expansion. Due to the advantages these
solutions bring, several suppliers invested in R&D to improve and lower the
cost of the solutions so that small and medium-sized businesses can use them.
Nevertheless, it is anticipated that throughout the course of the forecast period,
the services segment would develop the fastest.
Based on end user the
telecom operator had the largest share of the (vEPC) market in 2022. The main
drivers of the expansion of the MPN and MVNO market are the expanding
penetration of mobile devices and need for affordable mobile services, as well
as the increased demand for high-speed internet connectivity and enhanced
voice, video, and mobile internet.
Key market
players in the India Virtualized Evolved Packet Core Market include:
- Affirmed
Networks India
- Ericsson
Communications Limited
- Huawei
Technologies India Private Limited
- Mavenir
India Information Technology Private Limited
- ZTE
Corporation
- Cisco
Systems (India) Private Limited
- Huawei
Technologies Co., Ltd.
- Samsung
Electronics Co., Ltd India
- Nokia
Corporation
- NEC
Corporation India Private Limited
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"India
has undertaken significant, fundamental changes to its legal system with the
goal of developing a strong, competitive telecom sector, which in turn lays the
groundwork for telecom and IT-enabled corporate economic growth. There are
valid worries that the nation's policies stifle competition, restrict private
sector investment, and restrict foreign investment. The existing regulatory
body does not fully adhere to international standards of independence when it
comes to openness of regulations, which has an impact on licencing,
non-discriminatory interconnection, and cross-subsidies in tariffs. These
initiatives are driving the India Virtualized Evolved Packet Core " said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based India
management consulting firm.
India
Virtualized Evolved Packet Core Market, By Component Type (Solution, Service),
By End User (Telecom Operator, Enterprise), By Use (Long Term Evolution (LTE),
Voice Over LTE (VoLTE), Voice over Wi-Fi (VoWiFi), Broadband Wireless Access
(BWA), Internet of Things (IoT), Machine to Machine (M2M), Mobile Private
Networks (MPN’s), Mobile Virtual Network Operators (MVNO’s)), By Region,
Competition, Forecast and Opportunities, 2028 has evaluated the future growth potential
of India Virtualized Evolved Packet Core
Market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities India Virtualized Evolved Packet Core Market.
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