Press release
Virtual Customer Premises Equipment Market 2018 Global Key Players - RAD Data Communications, ADVA Optical Networking, Ciena Corporation, Lanner Electronics Incorporated
Market synopsis:The traditional method of data delivery and network services takes place through hardware devices. However, virtual customer premise equipment, on the other hand, does not use any specific hardware. It rather uses software and virtualization tools to replicate services such as routing, security in the firewall, and also virtual private network. The enterprises are heavily benefitted from virtualization as it improves the delivery of network service, allows for remote connectivity, and tends to be low on maintenance. Many enterprises are also benefitted from the network traffic load distribution.
One of the major driving factors for the virtual customer premise equipment is the adoption of virtual CPE network infrastructure, increasing adoption of internet technologies and growing need of enterprise mobility market among others. Despite many driving factors, the lack of technical expertise and threat to data security are some of the factors which are hindering the growth of virtual customer premise equipment market.
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egmentation:
On the basis of service, the market is segmented into professional service and managed service.
By solution, the market is segmented into security and compliance, virtual equipment solution, infrastructure management and others.
On the basis of deployment, the market is segmented into classic CPE model and cloud-hosted CPE model.
By application, the market is segmented into the residential application, and enterprises applications.
On the basis of region, the market is segmented into North America, Europe, Asia Pacific and rest of the world.
Regional Analysis:
The global virtual CPE market is estimated to grow with positive rate during the forecast period. The geographical analysis of virtual CPE market marks the study for regions like North America, Europe (including Russia), Asia Pacific (including Australia and New Zealand) and rest of the world (including the Middle East, Africa, and Southern America). Among the regions mentioned above and countries, the market was highly dominated by North America in 2016. This dominance was due to an established technological market establishment, especially in the United States. Also due to the higher adoption of virtual CPEs in enterprises contribute heavily towards the growth of this market in the United States and neighboring countries.
The virtual CPE market has also seen its application in residential areas. There are many developments being done in the technology and technologies related to it. Many enterprises including various start-ups have begun deploying CPE either classic way or adoption through the cloud and have also started making a partnership with service providers and prominent players. Also, the region holds more than 70% of the top prominent players providing services in this market. North America is closely followed by Europe region. Europe and North America are the technologically advanced regions, and the factor affecting the growth of this market is increasing deployment of advanced virtual CPE features. Asia-Pacific is expected to be the fastest growing region.
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Intended Audience
Virtual CPE services providers
Network Component providers
Electronic Component Manufacturers
Software Developers
Government Agencies
Electronic Device Manufacturers
Value-Added Resellers
Security agencies
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 Model
4 Market Landscape
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