According to ABI Research, operators are expected to invest about $18 billion on mobile packet core equipment and technologies. The significant increase in the worldwide 3G and 4G traffic will lead operators to expand their network capacity to address growing data demand.
Further, the research firm states that so far growing mobile broadband market in North America, Japan, and Korea has been contributing to higher investments in mobile packet core technologies. Increasingly, going forward, growing demand for broadband services in developing countries will lead service providers to increase their spending on mobile packet core technologies.
ABI Research underlines that the advances in semiconductor technology are making packet core virtualisation an essential strategy of every IT and telecom company. However, the research firm states that despite steady growth in global mobile broadband traffic, the packet core spending will decline as the efficiencies, scale economies, and software-oriented business transformations across networks gain prominence.
