Evolved packet core revenues double year-over-year in 3Q12

December 03, 2012 // By Jean-Pierre Joosting
In its recently released report, Exact Ventures found the overall wireless packet core market, including evolved packet core (EPC), grew 30 percent in the third quarter of 2012 compared to the same quarter of 2011.

EPC market revenues doubled year-over-year and were up sequentially in the third quarter. Although the traditional packet core market was also up year-over-year, it contracted on a sequential basis due to seasonal factors. Price erosion due to competition and a shift in the market toward more price sensitive developing regions is limiting the revenue growth of the older, legacy packet core technologies.

"Despite the transition from 2G and 3G technologies to LTE being in its infancy, the EPC market continues to surge and now accounts for over one-third of the total wireless packet core market," said Greg Collins, Founder and Principal Analyst at Exact Ventures. "Mirroring the introduction and uptake of LTE-based services, the EPC market continues to be dominated by North America and Asia Pacific, especially Japan and Korea, followed by EMEA and Latin America, where deployments are now beginning," Collins added.

In the third quarter of this year, Ericsson took the top spot of the EPC market based on revenues, followed by Nokia Siemens, Alcatel-Lucent, Cisco, and Huawei.