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Virtual Network Functions Market 2018-2023 Global Key Leaders Ribbon Communications, Telefonica, Trend Micro, Verizon Communications, Fujitsu, HP Enterprise, NEC corporation, F5 networks

01-08-2019 12:52 PM CET | IT, New Media & Software

Press release from: Market Research Future-MRFR

Virtual Network Functions Market 2018-2023 Global Key Leaders

Global Virtual Network Functions Market Research Report, By Component (Hardware, Software, And Services), By Organization Size (Sme And Large Enterprises), By Deployment, And By End-Users - Forecast Till 2023

Key Players
Market research future identifies some of the key players of Virtual Network Function market are 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).

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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.

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.
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.

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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

TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Business Function
4 Market Landscape
Continued…….

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…….

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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
+1 646 845 9312
Email: sales@marketresearchfuture.com

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