Press release
NFV Infrastructure (NFVI) Market Growth, Competitive Analysis and Forecast 2027|Brocade, Cisco Systems, Ericsson, Juniper Networks
The global NFV Infrastructure (NFVI) market is expected to reach US$ 124.3 Billion by 2027, with a CAGR of 36.6% from 2021 to 2027. The primary reasons driving the growth of the NFV Infrastructure (NFVI) market are increased adoption of SDN (Software-defined networking) and lower CAPEX and OPEX. Because of the growing demand from the telecom sector, the NFV Infrastructure (NFVI) market is one of the fastest growing. NFV Infrastructure (NFVI) allows telecom service providers to develop virtualized network functions by combining computation, storage, and networking resources.Because of significant technological improvements in networking and data centre consolidation, North America has the biggest market share for NFV Infrastructure (NFVI). In the near future, Asia Pacific will hold the largest market share for NFV Infrastructure (NFVI) due to increased demand from the telecom sector. Because of the continuous development and demand in mobility, Europe is the fastest expanding market for NFV Infrastructure (NFVI). The expansion of the NFV Infrastructure (NFVI) market in the MEA region will be fueled by strong economic growth and the growing momentum of networked devices.
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Top Key Players Included in NFV Infrastructure (NFVI) Market Report: Brocade, Cisco Systems, Ericsson, Juniper Networks, Pluribus Networks, HP, Huawei Technologies, Nokia, VMware, Big Switch Networks, Ciena, Intel, NEC, Pica8
The NFV Infrastructure (NFVI) industry has been severely impacted by the outbreak. After the epidemic, only a few nations have enabled the market to fully recover. Many marketplaces throughout the world have begun to embrace non-contact business methods as the lockdown is progressively lifted. Many businesses are unable to function due to the prohibition of market operations, and they are incurring considerable losses as a result. The pandemic has also affected the supply chain since travel has been banned and industrial locations have been shuttered as a result of the outbreak.
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NFV Infrastructure (NFVI) Market segment by Type:
NFV Virtualization Software
NFV IT Infrastructure
Services
NFV Infrastructure (NFVI) Market segment by Application:
Telecommunication
Security & Surveillance
Industrial
Military & Defense
Others
The report includes the NFV Infrastructure (NFVI) market’s key regions. In the NFV Infrastructure (NFVI) sector, North America, Europe, MEA, APAC, and the Rest of the World are all represented. The market analysis examines and presents the drivers, constraints, demand factors, market size, market projections, opportunities, and trends in the NFV Infrastructure (NFVI) sector for the anticipated period. The report also includes a summary of main and secondary research findings.
FAQs:
1. Which regulations will be most helpful for stakeholders to boost NFV Infrastructure (NFVI) industry's supply chain network?
2. What are revenue, sales, and price analysis by types and application of the market?
3. Which government regulations might challenge the status of key regional markets?
4. What is the CAGR predicated for the NFV Infrastructure (NFVI) market in the assessment period?
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