Virtualized Evolved Packet Core Market
Report ID: SQSG50C2010
Virtualized Evolved Packet Core Market Trends
Skyquest Technology's expert advisors have carried out comprehensive research on the virtualized evolved packet core market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.
Virtualized Evolved Packet Core Market Dynamics
Virtualized Evolved Packet Core Market Driver
- Increasing Mobile Network Data Traffic
Currently, 68% of all mobile data traffic consists of video. Both the rising average data usage per subscription and the rising subscription rate for smartphones are to blame for the increase in traffic. India, which continues to have the highest monthly smartphone usage at 15.9GB, is one of the nations where traffic growth has been on the upswing.
Virtualized Evolved Packet Core Market Restraint
- Rising Security Concerns
The existing legacy networks (2G, 3G, and 3.5G) and internet service networks are connected to the 4G/LTE network, as well as vertical industrial networks for things like cars, factories, and loT devices. It will build a network link structure centred on the 4G/LTE networks out of intricate heterogeneous networks. Due to the intricacy of these networks, weak links may form between networks and devices that have varying levels of security technology and security needs. The ability to weaken 4G/LTE security is restrains the market growth.
Virtualized Evolved Packet Core Market Report Snapshots
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