The Virtualized Evolved Packet Core Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of the virtualized evolved packet core has seen rapid expansion lately. The market's worth increased from $6.66 billion in 2024 to $7.9 billion in 2025, representing a compound annual growth rate (CAGR) of 18.5%.
The market size of the virtualized evolved packet core is predicted to reach $15.41 billion in 2029, with a CAGR of 18.2%.
Download Your Free Sample of the 2025 Virtualized Evolved Packet Core Market Report and Uncover Key Trends Now!The key drivers in the virtualized evolved packet core market are:
• The movement towards network function virtualization (NFV)
• Increased integration of software-defined networking (SDN)
• The surge in telco cloud initiatives
• A rise in mobile data traffic and demand for edge computing
The virtualized evolved packet core market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Deployment Mode: Cloud, On-Premises
3) By Application: Long Term Evolution (LTE), Voice Over Long-Term Evolution (VoLTE), Internet Of Things (IoT), Machine-To-Machine (M2M), Most Probable Number (MPN), Mobile Virtual Network Operator (MVNO)
4) By End User: Telecom, Enterprises
Subsegments:
1) By Solutions: Network Function Virtualization (NFV) Solutions, Cloud-Based Evolved Packet Core (EPC) Solutions, Traffic Management Solutions, Security Solutions, Data Analytics Solutions
2) By Services: Consulting Services, Integration Services, Managed Services, Support and Maintenance Services, Training Services
The key trends in the virtualized evolved packet core market are:
• The deployment of 5G networks is a key trend for the future.
• The market is being shaped by cloud-native vEPC solutions.
• Hybrid cloud deployments are emerging as a significant trend.
• Service-oriented architectures and edge computing integration are influencing the market.
Major players in the virtualized evolved packet core market are:
• Samsung Electronics Co. Ltd.
• Dell Technologies Inc.
• Huawei Technologies Co. Ltd.
• Intel Corporation
• Cisco Systems Inc.
• Broadcom Inc.
• Hewlett Packard Enterprise Company
• Fujitsu Limited
• Tata Consultancy Services Limited
• Telefonaktiebolaget LM Ericsson
• Nokia Corporation
• NEC Corporation
• ZTE Corporation
• CommScope Holding Company Inc.
• Keysight Technologies Inc.
• Juniper Networks Inc.
• Amdocs Limited
• Ciena Corporation
• Infinera Corporation
• Alcatel-Lucent Enterprise (ALE International SAS)
• Mavenir Systems Inc.
• Radisys Corporation
• Casa Systems Inc.
• Affirmed Networks Inc.
• ASOCS Ltd.
North America was the largest region in the virtualized evolved packet core market in 2024