Cloud-native evolved packet core revenues surged to new heights during the third quarter, experiencing 145% year-on-year growth, according to Dell'Oro Group.
The research firm also estimates that Asia-Pacific led the regional rankings in terms of wireless sessions during the quarter, followed by Europe and then MEA.
According to Dell'Oro senior analyst David Bolan, operators are moving aggressively to deploy cloud-native EPCs in time for 5G network launches.
“We see examples of these EPC deployments with the recent announcements of 5G network launches in Korea and the anticipated launch by AT&T in the US by the end of the year,” he said.
Huawei meanwhile overtook Ericsson for first place in terms of wireless packet core revenue market share.
“Huawei capitalized on the strong subscriber growth in China, adding over 40 million LTE subscribers. Nokia retained its third place ranking and ZTE moved into fourth place rebounding after the end of the US ban,” Bolan said.