Who are the key players in Asia-Pacific Virtualized Evolved Packet Core (vEPC) Market industry?

The top five players in the Asia-Pacific vEPC market are Ericsson, Huawei, Nokia, Cisco Systems, and ZTE Corporation. These companies lead the market due to advanced technological capabilities, vast product portfolios, and strategic partnerships. They are instrumental in facilitating 4G/5G rollouts, network virtualization, and digital transformation across telecom operators.

Which segment accounted for the largest Asia-Pacific Virtualized Evolved Packet Core (vEPC) Market share?

The LTE & VoLTE segment holds the largest share in the Asia-Pacific vEPC market, as operators focus on enhancing voice and data services. Increased mobile internet demand and improved network efficiency are driving adoption, particularly among telecom companies managing high data traffic and delivering reliable, high-quality services.

What are the factors driving the Asia-Pacific Virtualized Evolved Packet Core (vEPC) Market?

Key drivers include widespread 5G deployments, increasing mobile data traffic, and the need for scalable, agile network infrastructure. For instance, Nokia's collaboration with regional operators to deploy 5G-ready vEPC solutions has accelerated digital transformation, enabling flexible network performance and supporting the launch of new digital services.

Which type accounted for the largest Asia-Pacific Virtualized Evolved Packet Core (vEPC) Market share?

The solution segment, which includes vEPC software and platforms, accounted for the largest share. Telecom operators are increasingly adopting these solutions for network function virtualization, operational efficiency, and reduced costs. Major vendors like Cisco and Ericsson offer robust vEPC platforms enabling scalability and rapid deployment in dynamic telecom environments.

Home Information & Technology

Asia-Pacific Virtualized Evolved Packet Core (vEPC) Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2035)

Name: Asia-Pacific Virtualized Evolved Packet Core (vEPC) Market
Brand: Bussiness Insights

Asia-Pacific Virtualized Evolved Packet Core (vEPC) Market: by Type (Solutions, Services, Professional Services, Managed Services), Application (LTE, VoLTE, IoT & M2M, MVNO), Distribution Channels (Direct Sales, Distributors & Resellers, System Integrators, Online, Others), Technology (4G, 5G, NFV, SDN, Cloud, Others), Organization Size (Small, Medium, Large) and By Asia-Pacific Historical & Forecast Period (2020-2035) Comprehensive Study 2025

Last Updated: 23-07-2025 | Format: PDF | Report ID:10172 | Author: Clara

RD TOC Segmentation Research Methodology Request For Free Sample

Asia-Pacific Virtualized Evolved Packet Core (vEPC) Market Outlook 2025-2035

The Asia-Pacific Virtualized Evolved Packet Core (vEPC) market is witnessing robust growth driven by the rapid adoption of 5G, cloud-native architectures, and network virtualization. As telecom operators and enterprises accelerate the rollout of advanced mobile networks, there is a growing demand for scalable, cost-efficient, and flexible core network solutions. The market is further influenced by initiatives to modernize network infrastructures for IoT, private LTE, and mission-critical enterprise connectivity. Strategic partnerships and investments in technology upgrades by leading players such as Ericsson, Nokia, and Huawei are reshaping the competitive landscape, creating new opportunities and challenges for vendors across various segments.

Latest Market Dynamics

Key Drivers

Accelerated 5G rollouts across APAC, leading to increased demand for flexible and scalable vEPC solutions. For example, in early 2024,

Digital transformation in emerging Southeast Asian countries, especially for enabling high-speed mobile broadband and rural connectivity. Affirmed Networks has piloted new vEPC deployments with Vietnamese operators.
Growth in virtual private networks for Industry 4.0, creating demand for customized, secure vEPC environments. Companies like Mavenir have secured deals in Australia for dedicated enterprise vEPC services.

Managing multi-vendor compatibility and orchestration complexities as operators transition to virtualized core networks. NEC Corporation is addressing such challenges by developing interoperable vEPC stacks.
Cybersecurity and privacy concerns for telecom operators deploying virtualized and cloud-hosted core networks. Cisco Systems has increased security integration in its APAC vEPC solutions.

Initial investment and migration costs for legacy telecom operators remain a major roadblock. ZTE highlighted these challenges during recent upgrades with Philippine carriers.
Shortage of skilled professionals for deployment and maintenance of virtualized network functions. Samsung Electronics is partnering with universities in South Korea to bridge this skills gap.

In 2025, Solutions are projected to hold the largest share in the Asia-Pacific vEPC market, driven by the need for comprehensive, end-to-end core network solutions that support next-generation services. Services, including professional and managed services, follow closely as operators and enterprises seek expertise in vEPC deployment and management. Consulting, integration, and deployment services address the growing complexities of multi-vendor environments and ensure efficient transitions from legacy to virtualized networks.

LTE services comprise the largest segment of vEPC applications in Asia-Pacific for 2025, reflecting ongoing 4G network expansions in several emerging markets. VoLTE and IoT & M2M applications represent significant shares, catering to advanced voice services and the explosive growth of connected devices. MVNO and private LTE applications are also rising, driven by enterprise and specialized connectivity needs.

The Asia-Pacific vEPC market is anticipated to grow from $2,150 Million in 2020 to over $8,450 Million by 2035. This impressive trajectory is fueled by continual 5G deployments, emergence of private networks for vertical industries, and growing telecom investments in virtualization. The revenue growth reflects both organic expansion in mature markets like China and Japan, as well as leapfrogging digitization in emerging economies.

YoY growth rates for the Asia-Pacific vEPC market are highest in the initial years (2021-2025) with double-digit expansion, reflecting the 5G ramp-up and cloud migration trend. Growth then moderate but remains robust as deployments mature, with sustained demand from emerging technologies like IoT and private 5G. This steady increase underscores the critical role of vEPC in Asia-Pacific’s digital transformation.

In 2025, Ericsson is expected to lead the Asia-Pacific vEPC market, followed closely by Huawei and Nokia, based on extensive regional deployments, research investments, and strong customer bases. Other notable players such as ZTE and Cisco contribute significantly, while innovative vendors like Mavenir gain momentum in enterprise and private network segments.

Telecom operators remain the predominant buyers of vEPC solutions, accounting for the majority share in 2025. Enterprises investing in private 5G/LTE solutions constitute an increasing proportion, highlighting the diversification of network core deployments beyond traditional carriers. System integrators and government initiatives round out the rest of the demand.

Metrics	Details
Years	2020-2035
Base Year	2025
Market Size	Revenue (USD Million)
Regions	China, India, Japan, Taiwan, Vietnam, Philippines, Singapore, Australia, South Korea, Rest of APAC
Segments	By Type: Solutions, Services, Professional Services, Managed Services, Consulting, Integration & Deployment; By Application: LTE, VoLTE, IoT & M2M, MVNO, Private LTE, Enterprise Applications
Players	Ericsson, Nokia, Huawei, Cisco Systems, ZTE Corporation, Mavenir, NEC Corporation, Affirmed Networks, Samsung Electronics, Athonet, Tecnotree, Druid Software, Core Network Dynamics, Cumucore, Parallel Wireless

June 2024: Ericsson partners with Indonesia's XL Axiata to launch a cloud-native vEPC for 5G expansion.
July 2024: Nokia introduces a new containerized vEPC solution with advanced lifecycle management in Japan.
August 2024: Huawei completes private 5G vEPC rollout for a major automotive manufacturer in China.
September 2024: Mavenir wins contract to deploy enterprise private LTE networks with vEPC in Australia.
July 2024: ZTE upgrades Philippine mobile operator's core to support AI-driven vEPC orchestration.

About the Author

Clara

Senior Market Research Analyst

Clara is a Senior Market Research Analyst specializing in market research, industry analysis, and business consulting across Information & Technology. Clara brings a commercially grounded perspective to sectors shaped by changing demand, innovation, and competitive dynamics, helping turn complex market trends into clear strategic insights for business decision-makers. With 10+ years of experience across research, analytics, and strategic advisory roles, Clara has helped organizations translate data into actionable growth strategies.

Information & TechnologyMarket ResearchIndustry AnalysisStrategic Consulting

Key Questions Answered

»What is the market size and growth rate of the global and regional market by various segments?
»What is the market size and growth rate of the market for selective countries?
»Which region or sub-segment is expected to drive the market in the forecast period?
»What factors are estimated to drive and restrain the market growth?
»What are the key technological and market trends shaping the market?
»What are the key opportunities in the market?
»What are the key companies operating in the market?
»Which company accounted for the highest market share?

Download Sample

Why Choose Bussiness Insights?

»Strong Industry Focus
»Extensive Product Offerings
»Customer Research Services
»Robust Research Methodology
»Comprehensive Reports
»Latest Technological Developments
»Value Chain Analysis
»Potential Market Opportunities
»Growth Dynamics
»Quality Assurance
»Post-sales Support
»Regular Report Updates

Speak to Analyst

Asia-Pacific Virtualized Evolved Packet Core (vEPC) Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2035)

Asia-Pacific Virtualized Evolved Packet Core (vEPC) Market Outlook 2025-2035

Latest Market Dynamics

Key Drivers

Key Trends

Key Opportunities

Key Challenges

Key Restraints

Asia-Pacific vEPC Market Share by Type, 2025

Asia-Pacific vEPC Market Share by Application, 2025

Asia-Pacific vEPC Market Revenue (USD Million), 2020-2035

Asia-Pacific vEPC Market Year-Over-Year Growth (%), 2020-2035

Asia-Pacific vEPC Market Share by Region, 2025

Asia-Pacific vEPC Market Players Share, 2025

Asia-Pacific vEPC Market Buyers Share, 2025

Study Coverage

Key Recent Developments

Frequently Asked Questions

About the Author

Related Reports