Virtual Customer Premises Equipment Market (CEP) 2018 Key Country Analysis: Enterpris, ALTEN Calsoft, IBM, VMWare, Versa, NEC, Juniper, Cisco, Telco, Ericsson

Market Research Future published a research report on “Virtual Customer Premises Equipment Market (CEP) – Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Competitive Landscape:
The prominent players of the global virtual CPE market include Intel Corporation (U.S.), AT&T, Inc (U.S.), Orange Business Services (The Netherlands), Cisco Systems, Inc (U.S.), International Business Machines, Corporation (U.S.), Dell, Inc (U.S.), Qosmos (France), NEC Corporation (Japan), Verizon Wireless (U.S.), Ericsson AB (Sweden).

Other vendors include Hewlett Packard Enterprises (HPE) (U.S.),Brocade Communications System, Inc (U.S.), Versa Networks, Inc. (U.S.), Huawei Technologies Co., Ltd (China), Ciena Corporation (U.S.), Accedian Networks Inc. (Canada), Anuta Networks (U.S.), Criterion Networks, Inc (U.S.), Cloudify Platform Ltd (U.S.), Juniper Networks, Inc (U.S.), Arista Networks, Inc (U.S.), ADVA Optical Networking SE (Germany), RAD Data Communications (Israel), Lanner Electronics Incorporated. (Taiwan), Fortinet Inc. (U.S.), F5 Networks, Inc (U.S.), ALTEN Calsoft Labs (U.S.) among others.

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Market Highlights:

The global virtual CPE market is foreseen to capture a CAGR of 27% and reach USD 2600 Mn by 2023, reveals a study by Market Research Future (MRFR). Virtual CPE has emerged as a promising application for delivering networking services that is beneficial for consumers and service providers. Virtual customer premise equipment or Virtual CPE is a way of providing network services such as routing, firewall security, NAT, and virtual private network connectivity to enterprises using software rather than using hardware devices. Escalating demand for cloud-based or virtual networking infrastructure, high demand for private clouds among enterprises, rising need for mobility, cost optimization benefits in maintaining the hardware and increasing complexity of networks are the primary drivers of the market.

Enterprises benefit largely by leveraging virtualization as it has been proven to improve the delivery of network services, allow for remote connectivity and require low maintenance. Virtual CPE reduces dependency on hardware and also eliminates the costs and complexities associated to it. Virtual CPE is a technology paradigm which brings new benefits and opportunities on board. It facilitates operational simplicity and flexibility which results in a reduction of operating expenditure. Broad adoption and acceptance of software-defined networking (SDN) has also reflected positively on the Virtual CPE market. Growing use of Virtual CPE in the telecom industry which allows secure data transfer among business functions has provided an impetus to the market growth. Virtual CPE finds its application in the education industry too; it helps to transform the education system by providing the benefits of virtualization. Virtual CPE allows universities and education institutes to conduct online programs, group discussions, integrate content into existing network courses and much more. Adoption of Virtual CPE among the professional services segment such as marketing, training, consulting, advertising has also added fuel to the growth of the market. However, the market for virtual CPE is expected to receive setback from some factors. Lack of trained professionals and threat to data security are some of the factors which are hindering the growth of Virtual CPE Market. Furthermore, deployment of virtual CPE is a time consuming and expensive process which is a significant drawback.

Segmentation:

The global virtual CPE market has been segmented based on service, solution, deployment, and application. By service, the market has been segmented into professional service and managed service. By solution, the market has been segmented into security and compliance, virtual equipment solution, infrastructure management and others. By deployment, the market has been segmented into classic CPE model and cloud-hosted CPE model. By application, the market has been segmented into enterprises application and residential application.

Regional Analysis:

The key markets of the global virtual CPE market include North America, Europe, Asia-Pacific, and the Rest of the World (ROW). North America dominates the market for virtual CPE. Well-developed IT sector, especially in the US, the presence of a majority of key players, and higher adoption of virtual CPEs in enterprises favor the growth of the market in the region. Europe follows North America closely. Technical advancement in the region coupled with wide adoption of virtual CPEs in the region drives the market. The Asia-Pacific market is foreseen to exhibit exponential growth and emerge as the fastest growing market for virtual CPE. The rapid expansion of enterprises, rising investment in the development of technology sector, growing adoption of software-defined technologies in developing economies in the region are expected to spur the market in Asia-Pacific.

Industry Trends/Updates:

In June 2018, Telco Systems and ARM announced plans to develop Virtual CPE and edge computing devices. It is a five-year deal which will bring a new dimension to the virtual CPE market by creating ARM-compatible CPEs.

Intended Audience:

Virtual Customer Premises Equipment Manufacturers
Distributors
Research firms
Consultancy firms
Software Developers
Vendors
Semiconductor Manufacturers
Stakeholders
End-user sectors
Technology Investors

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TABLE OF CONTENTS:

1 MARKET INTRODUCTION

1.1 INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE

2 RESEARCH METHODOLOGY

2.1 RESEARCH NETWORK SOLUTION
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION

3 MARKET DYNAMICS

3.1 INTRODUCTION
3.2 MARKET DRIVERS
3.3 MARKET CHALLENGES
3.4 MARKET OPPORTUNITIES
3.5 MARKET RESTRAINTS

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