Wireless Packet Core Market Scope
Wireless Packet Core is a mechanism or protocol for covering voice and LTE networks. The cores exist on cloud like platforms to provide scalability and dynamic orchestration to the network. This becomes more important during the release of 5g like technology where the amount of network traffic increases drastically. Traditional packet cores and the more advanced evolved packet cores are the two major types of wireless packet core. Asia Pacific and North America are expected to emerge as the two biggest market of wireless packet core.
The Wireless Packet Core market study is segmented by Type (Traditional Packet Core and Evolved Packet Core) and major geographies with country level break-up.
Increasing Investments in adoption of 5g technology has led to rapid advancements in the field of telecommunication technology. Several market players are providing this services for the market. Asia Pacific and North America are the two most prominent markets of wireless packet core.
Ericsson (Sweden), Nokia Corporation (Finland), Fujitsu Ltd. (Japan), Huawei Technologies Co., Ltd. (China), ZTE Corporation (China), Cisco Systems, Inc. (United States), Samsung (South Korea), ADVA Optical Networking SE (Germany), Alcatel-Lucent Enterprise (United States) and NEC Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are ECI Telecom Ltd. (Israel), Axxcelera (United States), Tecore, Inc. (United States) and Mitel Networks Corporation (Canada).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Wireless Packet Core market by Type, Application and Region.
On the basis of geography, the market of Wireless Packet Core has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In 2020, NEC Corporation, a Japanese multinational IT and Telecom giant has announced that it has been selected as vendor of a 5G mobile core network by the NTT DOCOMO, Inc. The adoption of NECís vEPC allows NTT Docomo to make changes into the network according to the requirements.
- Evolved Packet Core are Rising in Popularity
- Growing Investments in Telecom Network Up-gradation
- Increasing Disposable Income
- Advancement in Technology
- Africa Presents Huge Opportunity to Grow because of Largely Untapped Markets
- Emergence of 5G is also said to Present Huge Opportunity for Rapid Growth
- Complexity in Development of Technology
- Lack of Expertise in Developing Countries Associated with Wireless Packet Core
Key Target AudienceWireless Packet Core Developers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Wireless Packet Core Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.