Market Overview

Global Network Function Virtualization Market 2018-2022 | Increasing Acceptance of Cloud Computing to Boost Growth | Technavio


The global network function virtualization (NFV) market is expected to
post a CAGR of over 41% during the period 2018-2022, according to the
latest market research report by Technavio.
However, the growth momentum of the market is expected to decelerate due
to a decrease in the year-over-year growth.

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Technavio has published a new market research report on the global network function virtualization m ...

Technavio has published a new market research report on the global network function virtualization market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is advances in network
infrastructure. The increase in the number of connected devices has led
to massive amounts of data generated over the network. Businesses have
realized that they can use this data to optimize costs, deliver better
services, and boost revenue. Therefore, there is high demand for and
adoption of network technologies to improve the efficiency of the
business and neutralize cyber threats, which will boost the growth of
the global market.

This market research report on the global
network function virtualization market 2018-2022
also provides
an analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

In this report, Technavio highlights the increasing acceptance of cloud
computing as one of the key emerging trends in the global network
function virtualization market:

Global network function virtualization market:
increasing acceptance of cloud computing

There has been a high acceptance of cloud computing across the world in
recent times. This upsurge in the penetration and diffusion of the cloud
phenomenon is a significant trend that will affect the adoption and
proliferation of NFV solutions across verticals because of its inherent
cost-effectiveness and ease of management of cloud-based network
virtualization solutions. The rise in cloud computing is supplemented by
innovations in cloud network virtualization and efficiency improvement.
As a result, the cloud deployment models are becoming increasingly
secure, reliable, and flexible. Therefore, innovations in cloud services
are eventually expected to drive the wide reception of NFV solutions
among large enterprises.

"NFV is readily adopted by network service providers to reduce the
need for hardware such as firewall, CDN, load balancers, WAN
acceleration, and RAN. SDNs and virtual networks are also flexible in
terms of deployment model depending on the customer's requirement of
network services. Hence the demand for NFV is expected to increase
during the forecast period,"
says a senior analyst at Technavio for
research on data center.

Global network function virtualization market:
Segmentation analysis

This market research report segments the global network function
virtualization market by end-user (IT and telecom, BFSI, government,
others) and geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of more than
43%, followed by EMEA, and APAC respectively. However, during the
forecast period, the APAC region is expected to show the highest
incremental growth while the other two regions will witness a decline in
their market shares.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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