The Virtualized Evolved Packet Core (vEPC) market is expected to grow significantly, reaching an estimated value of USD 23.74 billion by 2033. This growth is largely driven by the widespread deployment of 5G networks and the increasing adoption of software-defined networking (SDN) technologies within the telecommunications sector. These advancements enable more flexible, scalable, and efficient network management.
The demand for faster data speeds and the rising number of connected devices are key factors fueling the transition to virtualized network infrastructures. As operators move away from traditional hardware-based systems, vEPC solutions offer enhanced performance and cost-effectiveness, supporting the evolving needs of modern communication networks.
**Why this matters**
The expansion of the vEPC market reflects broader trends in telecommunications, including the shift toward virtualization and software-centric network architectures. This transformation is critical for accommodating the growing data traffic and device connectivity driven by 5G, ultimately impacting how services are delivered and managed globally.
Source: NewsData