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 market for Virtualized Evolved Packet Core (vEPC) is experiencing significant growth driven by the development of 5G infrastructure. Technological advancements, particularly in telecommunications with the advent of 5G, and the increasing adoption of IoT technologies, are compelling Mobile Network Operators (MNOs) to build robust 5G networks to accommodate rising data traffic. 5G promises faster data transfer speeds and on-demand network service provisioning, prompting widespread adoption of vEPC by MNOs to enhance network strength, optimize radio resource utilization, and expand network capacity.
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A Virtual Evolved Packet Core (vEPC) integrates voice and data processing, serving as a foundational framework for mobile networking. This is achieved through Network Functions Virtualization (NFV), which virtualizes Evolved Packet Core (EPC) functions and enables their deployment on cost-effective Commercial Off-The-Shelf (COTS) servers. This approach allows for customizable network configurations tailored to meet individual consumer needs, while also improving mobile operators' Total Cost of Ownership (TCO) and service quality. The framework, initially developed for 4G LTE, is pivotal for the evolution and expansion of 5G networks.
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Furthermore, the adoption of cloud computing is gaining traction among small and medium-sized enterprises (SMEs) in India. Many businesses are progressively integrating cloud infrastructure, a trend expected to accelerate in the coming years. The advantages of cloud infrastructure, including ease of use, minimal internal infrastructure requirements, scalability, and simplified installation of networking solutions, are fueling rapid market expansion for Virtualized Evolved Packet Core Systems in India.
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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