REDWOOD CITY, Calif., Jan. 29, 2014 /PRNewswire/ -- Dell'Oro Group, the trusted source for market information about the networking and telecommunications industries, announced today that the Wireless Packet Core Equipment market is forecast to grow almost 60 percent, comfortably exceeding $6 billion by 2018. All growth during the period is expected to come from the Evolved Packet Core segment of the market.
"Over the next five years, we expect the Asia Pacific (APAC) and Europe Middle East and Africa (EMEA) regions to become the largest buyers of Evolved Packet Core (EPC) systems. Today, North America, APAC and EMEA have approximately the same installed base of EPC capacity," said Chris DePuy, Vice President at Dell'Oro Group. "What makes this situation so interesting is that vendors are just beginning to offer Network Function Virtualization (NFV) based systems, and so new service provider deployments in APAC and EMEA are likely to become the most significant users of NFV."
Other Report highlights:
- PCRF market projected to exceed $900 million in 2018
- Alcatel-Lucent, Ericsson, Cisco, Huawei, NSN and ZTE seen benefitting in the market overall
- Analysis and forecast of the use of NFV-based licenses is included.
The Dell'Oro Group Wireless Packet Core Forecast Report offers complete, in-depth coverage of the market with tables covering manufacturers' revenue, average selling prices and sessions shipped for Traditional Packet Core equipment (GGSN, SGSN, PDSN and ASN Gateway) and Evolved Packet Core equipment (MME, Serving Gateway, PDN Gateway, and PCRF). To purchase this report, please contact Julie Learmond-Criqui, call +1.650.622.9400 x244 or email Julie@DellOro.com.
As the trusted source for market information about the networking and telecommunications industries, Dell'Oro Group provides in-depth, objective research and analysis that enables component manufacturers, equipment vendors, and investment firms to make fact-based, strategic decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.DellOro.com.
SOURCE Dell'Oro Group