Empowering Businesses with Network Virtualization as a Service: Market Dynamics and Insights

Network virtualization allows enterprises to simplify the way they roll out, scale, and regulate workloads and resources for effective management of ever-increasing computing requirements. This service tends to save huge cost for enterprises and major uptake of cloud computing among the small and medium enterprises and drives the growth of market. Furthermore, factors such as expanding demand for global connectivity and rising awareness about the several benefits of this service are providing lucrative opportunities for the market.

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COVID-19 Imapct Analysis:

► The emergence of COVID-19 pandemic has severely affected almost all industries across the world and increase the need of virtualization for hustle free job.In addition, there is a notable ramp-up in technologies such as work-from-home infrastructure, collaboration tools, virtualization infrastructure, VPN networking, mobile devices, security, desktop support and zoom during the COVID-19. Interest for video conferencing solution is surging during the crisis. This generates large amount of data and will require high end technologies to analyze and to be virtualized.

► Furthermore, there are strong indications that the current decrease in demand for technology and digital solutions will be just a short-term phenomenon. In the medium-to-long run the COVID-19 technology impact may be extremely positive. Network Virtualization will be playing an important role in new normal.

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Enterprises have been embracing virtualization technologies at a fast pace. Network virtualization separate networking connectivity and services, which were earlier delivered through hardware, into a dynamic, logical virtual network. Network virtualization helps in solving good amount of challenges within modern day datacenter. The objective of ad advancements made in the field of virtualization is to automate and ease the physical management requirement.

Key benefits of the report:

► This study presents the analytical depiction of the global Network virtualization as a service market along with the current trends and future estimations to determine the imminent investment pockets.

► The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global network virtualization as a service share.

► The current market is quantitatively analyzed to highlight the global network virtualization as a service market growth scenario.

► The report provides detailed global Network virtualization as a service based on competitive intensity and how the competition will take shape in coming years.

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Network virtualization as a service helps organizations achieve major advances in speed, agility, and security by automating and simplifying many of the processes that go into running a data center network and managing networking and security in the cloud. There are some of the key benefits of network virtualization which reduces network arrangement time from weeks to minutes by providing greater operational efficiency by automating manual processes and move workloads independently of physical topology.

Key Market Players:

► BMC Software, Inc.

► VMware, Inc.

► Symantec Corporation

► Sun Microsystem, Inc.

► IBM Corporation

► Oracle Corporation

► Hewlett Packard Enterprise LP

► Red Hat, Inc.

► Cisco Systems, Inc.

► Microsoft Corporation

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