Network Function Virtualization (NFV) spending for the virtual mobile packet core

Steadily, one can observe that, Virtual Mobile Packet Core spending surges as operators migrate to virtualized networks.

With this dynamic, ABI Research Forecasts NFV Spending for the Mobile Packet Core will top $8 Billion by 2021.

In effect, for the stakes related to flexibility, productivity, agility, performance and enhanced security, and that, mobile data traffic escalates, the continuous development of network function virtualization (NFV) technologies comes as a relief to many operators looking for economical and flexible network expanding approaches while they plan for next-generation network applications and deployments. 

ABI Research forecasts that NFV spending for the virtual mobile packet core, which includes the Virtual Evolved Packet Core (vEPC) and virtual IP Multimedia Subsystem (vIMS), will exceed that of physical network functions by 2019, topping $8 billion by 2021.