Network Function Virtualization (NFV) Market Growth, Top Players, and Forecast by 2031

MARKET INTRODUCTION

The network function virtualization (NFV) market is predicted to witness a sharp development as network virtualization technologies allow enterprises to reduce the costs associated with the procurement and maintenance of hardware equipment. The network function virtualization helps to deliver network services in a more mountable way as compared to the traditional networking approach. By deploying these solutions, they can also handle multiple workloads with improved performance and maximum uptime.

MARKET DYNAMICS

The growing necessity for advanced network management systems to handle the growing network traffic and complexities are some of the significant factors driving the growth of the network function virtualization market. Moreover, the growing popularity of digitization and increasing adoption of the internet of things (IoT), are some other factors driving the growth network function virtualization market.

MARKET SCOPE

The "Global Network Function Virtualization (NFV) Market Analysis to 2031" is a specialized and in-depth study of the network function virtualization (NFV) market with a special focus on the global market trend analysis. The report aims to provide an overview of network function virtualization (NFV) market with detailed market segmentation by component, network functions, applications, end users. The global network function virtualization (NFV) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading network function virtualization (NFV) market players and offers key trends and opportunities in the network function virtualization (NFV) market.

MARKET SEGMENTATION

The global network function virtualization (NFV) market is segmented on the basis of component, network functions, applications, end users. On the basis of component, the market is segmented as solutions, orchestration and automation, services. On the basis of network functions, the market is segmented as compute, storage, network. On the basis of applications, the market is segmented as virtual appliance, core network. On the basis of end users, the market is segmented as BFSI, healthcare, retail, manufacturing, government and defense, education, it-enabled services, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global network function virtualization (NFV) market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The network function virtualization (NFV) market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting network function virtualization (NFV) market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the network function virtualization (NFV) market in these regions.

MARKET PLAYERS

The reports cover key developments in the network function virtualization (NFV) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from network function virtualization (NFV) market are anticipated to lucrative growth opportunities in the future with the rising demand for network function virtualization (NFV) market. Below mentioned is the list of few companies engaged in the network function virtualization (NFV) market.

The report also includes the profiles of key network function virtualization (NFV) market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Affirmed Networks
  
•  Cisco Systems, Inc.
  
•  Ericsson
  
•  Hewlett Packard Enterprise Development LP
  
•  Huawei Technologies Co., Ltd.
  
•  Juniper Networks, Inc.
  
•  Netcracker
  
•  NETSCOUT
  
•  Nokia
  
•  VMware, Inc
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Network Function Virtualization (NFV) Report Scope