The Wireless Packet Core Equipment market is forecast to nearly double in size, exceeding $6 billion by 2017, according to a new report from Dell’Oro Group.
Evolved Packet Core, the emerging segment of this market, is forecast to expand to over half of the total market, driven by the Long Term Evolution (LTE) network capital spending.
During the forecast period, Dell’Oro expects new vendors to enter the Wireless Packet Core market, leveraging their strengths in adjacent markets. The report also shows that the PCRF market is forecast to exceed $800 million in 2017.
“In addition to escalating use of smartphones and surging wireless data usage, we expect that new wireless packet core devices will incorporate features to address deep packet inspection (DPI) and WiFi management,” said Chris DePuy, Vice President at Dell’Oro Group. “As Service Providers expand the capabilities of their core networks in order to roll out additional services and manage users across both cellular and WiFi networks, we expect the market to experience robust growth.”
