August 20, 2020
According to its latest quarterly market share report for the Evolved Packet Core (EPC) market, Exact Ventures reports that in 2Q20 the total wireless packet core market (EPC + MPC) grew 6% sequentially and 13% year-over-year. A 22% year-over-year increase in EPC revenues more than offset a large decline in MPC (GGSN and SGSN that support 2G and 3G subscribers) revenues.
The sequential and year-over-year increase was due to seasonal spending patterns plus strong growth from Asia Pacific, as Chinese operators continue to spend aggressively and support their domestic vendors, Huawei and ZTE. Those vendors have been under pressure in many regions due to security concerns and geopolitical issues. Exact Ventures forecasts that, for the full-year 2020 the EPC market will grow in the low single digits. Initial revenues from 5G Core network functions, supporting standalone (SA) core network deployments will push market growth higher.
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