Network Function Virtualization Market Trends by Key Players: Huawei, Ericsson, Cisco, Juniper, VMware, Nokia, F5 Networks, HP, AT&T, Citrix, NFWare, Riverbed, 6Wind, Broadcom, Verizon, Pluribus, Arista, Amdocs, and IBM
Network Function Virtualization (NFV) market is projected to surpass USD 70 billion by 2024. NFV is the abstraction of network functions that allow them to be installed, controlled, and manipulated through the software running on standardized hardware nodes. It incorporates virtualization and cloud technologies to enable rapid development and deployment of new network services with elastic scale and automation. The technology brings increased agility in delivering network services through enhanced capital efficiency by enabling on-demand deployment of new services and removing bottlenecks introduced by manual processes.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2768
The increasing demand for automating the orchestration and management of computing resources, network, and storage devices are the key driving factors for the development of Software Defined Networking (SDN) and NFV technologies. A key value proposition of NFV is that its architecture supports cross-vendor interoperability and coordination while maintaining excellent compatibility with the existing network architecture.
Top Key Players:-
Some of the key players operating in the network function virtualization market are Cisco, Huawei, Ericsson, VMware, Juniper, F5 Networks, Nokia, AT&T, HP, Citrix, NFWare, WindRiver, Riverbed, Broadcom, Oracle, Verizon, 6Wind, Arista, Amdocs, IBM, and Pluribus.
Market share calculation in this report is not done based on companies covered in it. The calculation of NFV market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
North America is expected to hold a majority share of the NFV market in 2017 due to the availability of an extensive data center ecosystem in the region, widespread adoption of industrial IoT (IIoT) in different industry verticals, and a major presence of leading global cloud service providers in the U.S. The U.S. government is moving swiftly to lead the world in 5G, the next generation of wireless connectivity. The Federal Communications Commission (FCC) is emphasizing on making additional low, medium, and high-band spectrum available for 5G services. It also focuses on reducing regulatory barriers to encourage investments in 5G networks.
Asia Pacific NFV market is expected to register the fastest growth between 2018 and 2024 due to the increasing demand for cloud-based computing, storage, and networking solutions from the rapidly emerging technology companies in the region. With major investments in the NFV technology from telecom companies, such as ZTE and Huawei, in China, the innovation in NFV solutions and services is expected to accelerate rapidly over the forecast timeline. Under China?s ?Internet Plus? initiative to modernize and transform traditional industries to join the modern economy, the telecom service providers in the country are rapidly embracing NFV technology to benefit from its flexibility, speed, and cost-effectiveness.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2768
Partial Chapter of the Table of Content
Chapter 1. Methodology & Scope
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.6. Methodology and forecast parameters
1.2. Data Sources
184.108.40.206. Paid sources
220.127.116.11. Public sources
Chapter 2. Executive Summary
2.1. NFV industry 360º synopsis, 2013 - 2024
2.1.1. Region trends
2.1.2. Component trends
2.1.3. Hardware trends
2.1.4. Software trends
2.1.5. Service trends
2.1.6. Application trends
Chapter 3. NFV Industry Insights
3.2. Industry segmentation
3.3. NFV industry landscape
3.4. Industry ecosystem analysis
3.5. Features/benefits of NFV solutions
3.6. Technical network challenges for NFV
3.7. NFV architectural framework
3.8. SDN and NFV
3.9. Technology & innovation landscape
3.9.1. Network as a service
3.9.2. Software-defined Wide Area Networking (SD-WAN)
3.9.3. Virtual Customer Premise Equipment (vCPE)
3.10. Regulatory landscape
18.104.22.168. ISO/IEC 270001
22.214.171.124. Personally Identifiable Information (PII) Protection Controls of ISO/IEC 27018
126.96.36.199. European Telecommunications Standards Institute (ETSI) GS NFV -IFA 008
188.8.131.52. IEEE SDN/NFV Standardization
184.108.40.206. The National Institute of Standards and Technology (NIST) guidelines
220.127.116.11. The Open Compute Project and OPNFV
18.104.22.168. Gramm-Leach-Bliley Act of 1999
22.214.171.124. The Network and Information Security (NIS) Directive
3.11. Industry impact forces
3.11.1. Growth drivers
126.96.36.199. Significant CAPEX and OPEX savings for enterprises
188.8.131.52. Optimized network scalability and agility offered by NFV
184.108.40.206. Lower telecom carrier costs
220.127.116.11. Increasing demand for mobility
18.104.22.168. Increasing demand for data center consolidation and server virtualization
22.214.171.124. Growing investment in 5G network technology
3.11.2. Industry Pitfalls and Challenges
126.96.36.199. Lack of in-house technical expertise
188.8.131.52. Security concerns
184.108.40.206. Integration and interoperability issues
3.12. Porter’s Analysis
3.13. PESTEL analysis
3.14. Growth potential analysis
Browse Full Report @ https://bit.ly/2OuycCl
The NFV market is projected to register a CAGR of over 42% between 2018 and 2024. This robust growth can be attributed to the growing demand for server virtualization and data center consolidation. Data center consolidation involves reforming old data center facilities, architecture, network transformation, optimization, resource integration, and system migration to make them more energy-efficient, agile, reliable, and economical to offer sustainable development. As networks become more programmable, data center operations can be conducted in a more agile manner. As SDN and NFV are driving the convergence of data center and IT & telecommunications, they offer data center managers an improved scalability and flexibility to accommodate changing market demands.
Another important factor expected to drive the adoption of NFV solutions is the massive investment by telecom service providers for the commercialization of 5G. Some of the typical issues in complex carrier networks are a huge diversity in proprietary nodes & hardware appliances and the requirement of additional proprietary hardware for launching new services. NFV allows telecom carriers to use network resources without worrying about their physical location. With optimized network device utilization, carriers can use a single platform for different applications, users, and tenants. Also, by minimizing the typical network operator cycle of innovation, NFV reduces product?s time to market.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Network Function Virtualization Market Trends by Key Players: Huawei, Ericsson, Cisco, Juniper, VMware, Nokia, F5 Networks, HP, AT&T, Citrix, NFWare, Riverbed, 6Wind, Broadcom, Verizon, Pluribus, Arista, Amdocs, and IBM here
News-ID: 1180718 • Views: 4229
More Releases from Global Market Insights, Inc.
Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing
More Releases for NFV
Network Function Virtualization (NFV) Market Comprehensive Research Analysis - Z …
Market Study Report adds New Network Function Virtualization (NFV) Market 2018 – 2024 research report providing information and data By Segmentation, By Application, By Service Provider, By Region, Industry Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast spreading across 240 Pages with table and figures in it. Network Function Virtualization (NFV) Market Research Report for the period of 2018-2024 that shows the growth of the market is rising at
NFV Infrastructure (NFVI) Market Report 2018: Segmentation by Product (NFV Virtu …
Global NFV Infrastructure (NFVI) market research report provides company profile for Pluribus Networks, HP, Huawei Technologies, Nokia, VMware, Big Switch Networks, Brocade, Cisco Systems, Ericsson, Juniper Networks and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to
NFV Infrastructure (NFVI) Market Foraying into Emerging Economies (2017-2025)
In the telecommunication sector products are designed to build around specialist hardware and software in order to offer maximum reliability. Network function virtualization is about separating network functions from proprietary hardware and then consolidating, and running those functions as virtualized applications on a server. NFV focuses on virtualizing network functions such as firewalls, WAN acceleration, message routers, message border controllers (used in VoiP networks), content delivery networks (CDNs) and other
SDN/NFV Technology, Competitor and Forecast 2017
Summary The hype cycle for software defined networking (SDN) and network function virtualization (NFV) has been long and steady. SDN separates control plane (network management) from data plane (traffic handling), allowing dynamic bandwidth, provisioned with quality of service levels. NFV replaces hardware with software apps able to operate in a compute environment, eliminating specialty WAN equipment and associated costs. The world’s major network providers are trialing these technologies heavily to
SDN/NFV technologies: Innovative use cases and operator strategies
The hype cycle for software defined networking (SDN) and network function virtualization (NFV) has been long and steady. SDN separates control plane (network management) from data plane (traffic handling), allowing dynamic bandwidth, provisioned with quality of service levels. NFV replaces hardware with software apps able to operate in a compute environment, eliminating specialty WAN equipment and associated costs. The world's major network providers are trialing these technologies heavily to understand
Overview And Case Studies Of SDN/NFV Technologies
MarketResearchReports.biz has announced the addition of the “SDN/NFV Technologies: Innovative Use Cases And Operator Strategies” report to its offering. The report consists of an overview of SDN/NFV in the access network, its implications, and case studies. It also presents market overview and implications of software defined networking (SDN) in the core network, along with its case study. The next segment of the report comprises a market overview of centralized network