According to IMARC Group’s research report, titled “Network Function Virtualization Market Share, Trends, Size, Growth, Opportunity and Forecast 2020-2025”, the global network function virtualization (NFV) market experienced double-digit growth during 2014-2019. Looking forward, IMARC Group expects the global market to continue its strong growth during the next five years.
Network function virtualization (NFV) refers to the utilization of virtual network components to support an infrastructure without hardware. This software-based network combines various physical networks into a single virtual block. NFV creates a firewall, controls traffic and virtually route the given resources from hardware to a software. It enables administrators to operate virtual machines across domains without restructuring the network. NFV also makes it easier to manage files, programs, and images through a single site.
The global network function virtualization market is primarily driven by the widespread adoption of the cloud-based solutions across various sectors. Consequently, there is an increasing need to efficiently handle virtual traffic and complexities, which is driving the demand for NFV solutions. The associated convenience and time-efficiency offered by the utilization of NFV technology are acting as other major growth-inducing factors. Extensive research and development activities, increasing investments in the 5G technology and the advent of advanced NFV solutions are some of the other factors driving the market growth further.
Get a PDF sample of this report for detailed market insights: https://www.imarcgroup.com/network-function-virtualization-market/reques...
Network Function Virtualization (NFV) Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the network function virtualization market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• Affirmed Networks Inc. (Microsoft Corporation)
• Allot Ltd.
• Juniper Networks Inc.
• NEC Corporation
• Nokia Corporation
• Telefonaktiebolaget LM Ericsson
• ZTE Corporation
• Amdocs
• Ciena Corporation (Tellabs Inc.)
• Cisco Systems Inc.
• Dell EMC (Dell Technologies Inc.)
• Huawei Technologies Co. Ltd.
• Intel Corporation
The report has segmented the global network function virtualization market on the basis of region, offering, deployment mode, enterprise size, application and end user.
Breakup by Offering:
• Software
• Orchestration and Automation
• Services
Breakup by Deployment Mode:
• Cloud-Based
• On-Premises
Breakup by Enterprise Size:
• Small and Medium Enterprises
• Large Enterprises
Breakup by Application:
• Virtual Appliance
• Core Network
Breakup by End-User:
• BFSI
• Healthcare
• Retail
• Manufacturing
• Government and Defense
• Education
• IT and Telecom
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Explore full report with table of contents: https://www.imarcgroup.com/network-function-virtualization-market
Key highlights of the report:
• Market Performance (2014-2019)
• Market Outlook (2020- 2025)
• Market Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Browse Related Reports:
Venture Capital Investment Market Report
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal