openPR Logo
Press release

Virtual Network Function Market 2023 Overview by Ericsson, Huwaei, Tech Mahindra, Ribbon Communications, Telefonica, Trend Micro, Verizon Communications

09-24-2018 01:31 PM CET | Media & Telecommunications

Press release from: Market Research Future MRFR d

Virtual Network Function Market 2023 Overview by Ericsson,

Market Overview:
Prior to the existence of Virtual Network Functions (VNFs), the operational tasks were carried out by dedicated hardware. VNFs transfer individual network functions from dedicated hardware devices into software that is executed on commodity hardware. These executions are implemented by network service providers and businesses, which include Domain Name System (DNS), firewalls, caching or Network Address Translation (NAT). VNFs could be interfaced together like elementary building blocks in a workflow, popularly known as service chaining. By the implementation of VNFs, application provisioning process and service chaining process are feasible and convenient.
However, increase in telecom service providers and surge in demand for cloud services are expected to be driving factors for the virtual network function market over the forecast period.
Moreover, increased market development in virtual network functions is expected to add fuel to the growth of virtual network function market. For instance, on November 2016, Tech Mahindra, an India-based leading consulting, business engineering, and integration company and an expert in digital transformation, networks, and operations for communications industry, unveiled their Virtual Network Function (VNF) Exchange, associated with numerous new age providers of Network Functions Virtualization (NFV) and Software Defined Networks (SDN) products. Additionally, Verizon Communication partnered with Amazon web services to provide virtual network services.
According to Market Research Future analysis, the Virtual Network Function market has been valued at approximately USD 25 billion growing with a 30% CAGR during the forecast period 2018-2023.

Get Sample Report @ https://www.marketresearchfuture.com/sample_request/5680

Key Players
Some of the key players of Virtual Network Functions Market include Alcatel-Lucent (France), Cisco Corporartion (U.S.), Ericsson (Sweden) , Huwaei (China) , Tech Mahindra (India), Ribbon Communications (U.S.), Telefonica (Spain), Trend Micro (Japan), Verizon Communications (U.S.), Fujitsu (Japan), HP Enterprise( U.S.), NEC corporation (Japan), F5 networks (U.S.), and Aricent Incorporation (France).

Segmentation
The virtual network functions market is differentiated by component, organization size, deployment, and end-user.
By component, the virtual network functions market is sub-segmented as hardware, software, and services. The hardware sub-segment comprises switches, servers, storage, and others. The software sub-segment comprises application software, network security, and load balancing. Furthermore, the service sub-segment is categorized as training & support, consulting service, integration & implementation and others. On the basis of deployment, the market is comprised on-premises and on-cloud. Based on the organization size, the market is categorized as large enterprises and Small & Medium Enterprises (SMEs).
Furthermore, on the basis of end-user, the market is classified as BFSI, IT & telecom, manufacturing, healthcare, government, and others.

Regional Analysis
Geographically, the Virtual Network Functions is segmented into four different regions, namely North America, Asia Pacific, Europe, and Rest of the World.
North America is presumed to have a significant growth in the virtual network functions market. The United States and Canada are leading countries in the region. This is due to advanced telecom services in the region. Europe is also expected to have a substantial growth in the market. The United Kingdom, France, and Germany are expected to be leading countries due to the increase in service providers, who will mainly emphasize on virtual network platforms over the next few years. Asia Pacific is also anticipated to be the fastest growing region in the virtual network functions market over the forecast period. India, Japan, and China are the leading countries in the Virtual Network Functions market, owing to surge in usage of smartphones, tablets, and laptops and the increased availability of content offered over IP.

Target Audience
• Telecommunication Service Providers
• Mobile Network Operators
• IT Suppliers
• Cloud Service Providers
• Enterprise Data Center Professionals
• Networking and Telecommunication Companies
• Data Center Software Vendors
• Infrastructure Architects
• Government Councils
• Research Firms

Get Report Details @ https://www.marketresearchfuture.com/reports/virtual-network-functions-market-5680

LIST OF TABLES
Table1 World Population By Major Regions (2017 To 2023)
Table2 Global Virtual Network Function Market: By Region, 2017-2023
Table3 North America Virtual Network Function Market: By Country, 2017-2023
Table4 Europe Virtual Network Function Market: By Country, 2017-2023
Table5 Asia Pacific Virtual Network Function Market: By Country, 2017-2023
Continued…..

LIST OF FIGURES
FIGURE 1 Global Virtual Network Function Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Virtual Network Function Market
FIGURE 4 Value Chain Of Global Virtual Network Function Market
FIGURE 5 Share Of Global Virtual Network Function Market In 2017, By Country (In %)
Continued…..

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Virtual Network Function Market 2023 Overview by Ericsson, Huwaei, Tech Mahindra, Ribbon Communications, Telefonica, Trend Micro, Verizon Communications here

News-ID: 1258228 • Views:

More Releases from Market Research Future MRFR d

High-Performance Computing (HPC) as a Service Market 2019 Application, Technological Advancement, Top Key Players, Financial Overview and Analysis Report Forecast to 2023
High-Performance Computing (HPC) as a Service Market 2019 Application, Technolog …
The report on the Global High-Performance Computing (HPC) as a Service Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis. Market Synopsis The global high-performance computing as a service market was valued at USD 4.75 billion in 2017 and is expected to reach USD 9.50 billion by the end
Route Optimization Software Market 2019 Industry Trends by Leading Key Players ALK Technologies, Quintiq, Descartes, Caliper, Esri, Microlise, Llamasoft, Ortec, Paragon Software Systems
Route Optimization Software Market 2019 Industry Trends by Leading Key Players A …
The report on the Global Route Optimization Software Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis. Overview: The Route Optimization Software Market is accelerating fast as online cab booking service becoming a household method to hail cabs. The software aims at maximizing the workflow by bringing in logistics,
Remote Sensing Technology Market 2019 & Industry Trends by Leading Key Players Northrop Grumman Corporation, Raytheon Corporation, Lockheed Martin Corporation, Honeywell Technology Solutions Inc., ITT Corp.
Remote Sensing Technology Market 2019 & Industry Trends by Leading Key Players N …
The report on the Global Remote Sensing Technology Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis. Key Players Market Research Future (MRFR) recognizes the following companies as the key players in the Remote Sensing Technology Market are- General Dynamics Corp. (U.S.), Northrop Grumman Corporation (U.S.), Raytheon Corporation (U.S.),
Vehicle to Vehicle (V2V) Communication Market 2019 Size, Share, Trends & Key Players Analysis by Audi, Daimler AG, General Motors, Volvo Cars, Toyota Motor Corporation, Volkswagen
Vehicle to Vehicle (V2V) Communication Market 2019 Size, Share, Trends & Key Pla …
The report on the Global Vehicle to Vehicle (V2V) Communication Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis. Key Players Market Research Future (MRFR) recognizes the following companies as the key players in the vehicle to vehicle communication market – BMW (Germany), Audi (Germany), Daimler AG (Germany), General

All 5 Releases


More Releases for Network

Global Oilfield Communications Market Derived by Communication Network - VSAT Co …
“The increasing investments and enhancing network infrastructure, rising technological advancements for communication across oilfields, and increasing demand from oil and gas operators to scale the production of mature oilfields, are expected to act as growth drivers for the oilfield communications market.” The global oilfield communications market size grew from USD 3.4 billion in 2020 to USD 4.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.5% during the
Gaming Network Market to See Huge Growth by 202 | Game Loot Network, ZAM Network …
A new business intelligence report released by HTF MI with title "Global Gaming Network Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)" is designed covering micro level of analysis by manufacturers and key business segments. The Global Gaming Network Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research
Insight into Gaming Network Market to 2025 - Xiled Gaming Network, Game Loot Net …
The updated research report on "Gaming Network Market" presents crucial information like market share, size, and growth rate. It offers insights on the driving factors, hampering aspects, challenges, opportunities, and trends including details on market segments and sub-segments. Based on the Gaming Network industrial chain, this report mainly elaborates the definition, types, applications and major players of Gaming Network market in details. Deep analysis about market status (2015-2020), enterprise competition pattern,
Numerous Applications in Gaming Network Market Growth and Forecast with Top Key …
Gaming Network is one of the world's leading games media businesses. With a strong focus on editorial quality and community, our network of award-winning websites, video and social channels reaches over 50 million gamers every month. Our market-leading events attract over 100,000 visitors each year. This report on Gaming Network market delivers detailed analysis on the main challenges and growth prospects in the market. This research study is anticipated to
Water Network Management, Water Network Management trends, Water Network Managem …
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management will
Hiring Network Monitoring Service Vs Network Monitoring Tools
An organization might have a stable business or is on the growth path, it is absolutely normal to have a dilemma over choosing in between hiring a network monitoring service or install a few tools for network monitoring. While your business is picking up speed with improving cyber and network technology, there is no way you can ignore the strength of network monitoring service or tools for a smooth functioning