Wireless packet core revenues to grow nearly 60 percent by 2018

REDWOOD CITY, USA: Dell'Oro Group, the trusted source for market information about the networking and telecommunications industries, announced 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, VP 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 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.