Network Function Virtualization Market Size Report, Industry Share, Analysis, Growth, 2032
Network Function Virtualization Market by Component (Services, Orchestration and Automation, and Solutions), By Enterprise Size (SMEs and Large enterprises), By Virtualized Network Functions (Storage, Compute and Network), By Applications (Virtual Appliance and Core Network) By End Users (Data Centers, Retail, BFSI, Healthcare, Enterprise Size Providers, Government and Defense, Manufacturing, IT-enabled Services, Education, Others) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032.
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 33.73 Million | USD 235.47 Million | 24.1% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & Offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- 1.3.3. Level 1: Primary Research
- 1.3.4. Level 2: Secondary Research
- 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
- 1.1. Report Description
- Chapter 2. Executive Summary
- 2.1. Global Network Function Virtualization Market, 2016-2026, (USD Billion)
- 2.2. Network Function Virtualization Market: Market Snapshot
- Chapter 3. Global Network Function Virtualization Market – Industry Analysis
- 3.1. Introduction
- 3.2. Industry ecosystem analysis
- 3.3. Technology landscape
- 3.4. Market Drivers
- 3.4.1. Need for an Enhanced Network Management System to Handle the Growing Network Traffic and Complexity
- 3.5. Restraints
- 3.5.1. Growing Number of Security Risks Across the NFV Infrastructure
- 3.6. Opportunity
- 3.6.1. Adoption of NFV for IoT Technology
- 3.7. Innovation & sustainability
- 3.8. Regulatory landscape
- 3.9. Porter’s Five Forces Analysis
- 3.10. PESTEL Analysis
- 3.11. Network Function Virtualization Market: Market Attractiveness Analysis
- 3.11.1. Market Attractiveness Analysis by Component Segment
- 3.11.2. Market Attractiveness Analysis by Enterprise Size Segment
- 3.11.3. Market Attractiveness Analysis by Virtualized Network Functions Segment
- 3.11.4. Market Attractiveness Analysis by Application Segment
- 3.11.5. Market Attractiveness Analysis by Regional Segment
- Chapter 4. Global Network Function Virtualization Market - Competitive Landscape
- 4.1. Company Market Share Analysis, 2019
- 4.2. Strategic Development
- 4.2.1. Acquisitions and Mergers
- 4.2.2. New Installation Launch
- 4.2.3. Agreements, Partnerships, Cullaborations and Joint Ventures
- 4.2.4. Research & Development and Regional Expansion
- Chapter 5. Global Network Function Virtualization Market – Component Segment Analysis
- 5.1. Global Network Function Virtualization Market Revenue Share, by Component, 2019 & 2026 (USD Billion)
- 5.2. Global Network Function Virtualization Market by Services, 2016 – 2026 (USD Billion)
- 5.3. Global Network Function Virtualization Market by Orchestration and Automation, 2016 – 2026 (USD Billion)
- 5.4. Global Network Function Virtualization Market by Sulutions, 2016 – 2026 (USD Billion)
- Chapter 6. Global Network Function Virtualization Market – Enterprise Size Segment Analysis
- 6.1. Global Network Function Virtualization Market Revenue Share, by Enterprise Size, 2019 & 2026 (USD Billion)
- 6.2. Global Network Function Virtualization Market by Large enterprises, 2016 – 2026 (USD Billion)
- 6.3. Global Network Function Virtualization Market by SMEs, 2016 – 2026 (USD Billion)
- Chapter 7. Global Network Function Virtualization Market – Virtualized Network Functions Segment Analysis
- 7.1. Global Network Function Virtualization Market Revenue Share, by Virtualized Network Functions, 2019 & 2026 (USD Billion)
- 7.2. Global Network Function Virtualization Market by Media and Storage, 2016 – 2026 (USD Billion)
- 7.3. Global Network Function Virtualization Market by Network, 2016 – 2026 (USD Billion)
- 7.4. Global Network Function Virtualization Market by Compute, 2016 – 2026 (USD Billion)
- Chapter 8. Global Network Function Virtualization Market – Applications Segment Analysis
- 8.1. Global Network Function Virtualization Market Revenue Share, by Applications, 2019 & 2026 (USD Billion)
- 8.2. Global Network Function Virtualization Market by Virtual Appliance, 2016 – 2026 (USD Billion)
- 8.3. Global Network Function Virtualization Market by Core Network, 2016 – 2026 (USD Billion)
- Chapter 9. Global Network Function Virtualization Market - Regional Analysis
- 9.1. Global Network Function Virtualization Market: Regional Overview
- 9.1.1. Global Network Function Virtualization Market Revenue Share, By Region, 2019 & 2026 (USD Billion)
- 9.2. North America
- 9.2.1. North America Network Function Virtualization Market Revenue 2016 – 2026 (USD Billion)
- 9.2.2. North America Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
- 9.2.3. North America Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
- 9.2.4. North America Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.2.5. North America Network Function Virtualization Market Revenue, By Application, 2016 – 2026 (USD Billion)
- 9.2.6. U.S.
- 9.2.6.1. U.S. Network Function Virtualization Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 9.2.6.2. U.S. Network Function Virtualization Market Revenue, by Enterprise Size, 2016 – 2026 (USD Billion)
- 9.2.6.3. U.S. Network Function Virtualization Market Revenue, by Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.2.6.4. U.S. Network Function Virtualization Market Revenue, by Applications, 2016 – 2026 (USD Billion)
- 9.2.7. Rest of North America
- 9.2.7.1. Rest of North America Network Function Virtualization Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 9.2.7.2. Rest of North America Network Function Virtualization Market Revenue, by Enterprise Size, 2016 – 2026 (USD Billion)
- 9.2.7.3. Rest of North America Network Function Virtualization Market Revenue, by Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.2.7.4. Rest of North America Network Function Virtualization Market Revenue, by Applications, 2016 – 2026 (USD Billion)
- 9.3. Europe
- 9.3.1. Europe Network Function Virtualization Market Revenue 2016 – 2026 (USD Billion)
- 9.3.2. Europe Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
- 9.3.3. Europe Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
- 9.3.4. Europe Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.3.5. Europe Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
- 9.3.6. UK
- 9.3.6.1. UK Network Function Virtualization Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 9.3.6.2. UK Network Function Virtualization Market Revenue, by Enterprise Size, 2016 – 2026 (USD Billion)
- 9.3.6.3. UK Network Function Virtualization Market Revenue, by Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.3.6.4. UK Network Function Virtualization Market Revenue, by Applications, 2016 – 2026 (USD Billion)
- 9.3.7. France
- 9.3.7.1. France Network Function Virtualization Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 9.3.7.2. France Network Function Virtualization Market Revenue, by Enterprise Size, 2016 – 2026 (USD Billion)
- 9.3.7.3. France Network Function Virtualization Market Revenue, by Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.3.7.4. France Network Function Virtualization Market Revenue, by Applications, 2016 – 2026 (USD Billion)
- 9.3.8. Germany
- 9.3.8.1. Germany Network Function Virtualization Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 9.3.8.2. Germany Network Function Virtualization Market Revenue, by Enterprise Size, 2016 – 2026 (USD Billion)
- 9.3.8.3. Germany Network Function Virtualization Market Revenue, by Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.3.8.4. Germany Network Function Virtualization Market Revenue, by Applications, 2016 – 2026 (USD Billion)
- 9.3.9. Rest of Europe
- 9.3.9.1. Rest of Europe Network Function Virtualization Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 9.3.9.2. Rest of Europe Network Function Virtualization Market Revenue, by Enterprise Size, 2016 – 2026 (USD Billion)
- 9.3.9.3. Rest of Europe Network Function Virtualization Market Revenue, by Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.3.9.4. Rest of Europe Network Function Virtualization Market Revenue, by Applications, 2016 – 2026 (USD Billion)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific Network Function Virtualization Market Revenue 2016 – 2026 (USD Billion)
- 9.4.2. Asia Pacific Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
- 9.4.3. Asia Pacific Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
- 9.4.4. Asia Pacific Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.4.5. Asia Pacific Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
- 9.4.6. China
- 9.4.6.1. China Network Function Virtualization Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 9.4.6.2. China Network Function Virtualization Market Revenue, by Enterprise Size, 2016 – 2026 (USD Billion)
- 9.4.6.3. China Network Function Virtualization Market Revenue, by Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.4.6.4. China Network Function Virtualization Market Revenue, by Applications, 2016 – 2026 (USD Billion)
- 9.4.7. Japan
- 9.4.7.1. Japan Network Function Virtualization Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 9.4.7.2. Japan Network Function Virtualization Market Revenue, by Enterprise Size, 2016 – 2026 (USD Billion)
- 9.4.7.3. Japan Network Function Virtualization Market Revenue, by Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.4.7.4. Japan Network Function Virtualization Market Revenue, by Applications, 2016 – 2026 (USD Billion)
- 9.4.8. India
- 9.4.8.1. India Network Function Virtualization Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 9.4.8.2. India Network Function Virtualization Market Revenue, by Enterprise Size, 2016 – 2026 (USD Billion)
- 9.4.8.3. India Network Function Virtualization Market Revenue, by Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.4.8.4. India Network Function Virtualization Market Revenue, by Applications, 2016 – 2026 (USD Billion)
- 9.4.9. Rest of Asia Pacific
- 9.4.9.1. Rest of Asia Pacific Network Function Virtualization Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 9.4.9.2. Rest of Asia Pacific Network Function Virtualization Market Revenue, by Enterprise Size, 2016 – 2026 (USD Billion)
- 9.4.9.3. Rest of Asia Pacific Network Function Virtualization Market Revenue, by Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.4.9.4. Rest of Asia Pacific Network Function Virtualization Market Revenue, by Applications, 2016 – 2026 (USD Billion)
- 9.5. Latin America
- 9.5.1. Latin America Network Function Virtualization Market Revenue 2016 – 2026 (USD Billion)
- 9.5.2. Latin America Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
- 9.5.3. Latin America Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
- 9.5.4. Latin America Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.5.5. Latin America Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
- 9.5.6. Brazil
- 9.5.6.1. Brazil Network Function Virtualization Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 9.5.6.2. Brazil Network Function Virtualization Market Revenue, by Enterprise Size, 2016 – 2026 (USD Billion)
- 9.5.6.3. Brazil Network Function Virtualization Market Revenue, by Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.5.6.4. Brazil Network Function Virtualization Market Revenue, by Applications, 2016 – 2026 (USD Billion)
- 9.5.7. Rest of Latin America
- 9.5.7.1. Rest of Latin America Network Function Virtualization Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 9.5.7.2. Rest of Latin America Network Function Virtualization Market Revenue, by Enterprise Size, 2016 – 2026 (USD Billion)
- 9.5.7.3. Rest of Latin America Network Function Virtualization Market Revenue, by Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.5.7.4. Rest of Latin America Network Function Virtualization Market Revenue, by Applications, 2016 – 2026 (USD Billion)
- 9.6. Middle East & Africa
- 9.6.1. Middle East & Africa Network Function Virtualization Market Revenue 2016 – 2026 (USD Billion)
- 9.6.2. Middle East & Africa Network Function Virtualization Market Revenue, by Component, 2016 – 2026 (USD Billion)
- 9.6.3. Middle East & Africa Network Function Virtualization Market Revenue, by Enterprise Size, 2016 – 2026 (USD Billion)
- 9.6.4. Middle East & Africa Network Function Virtualization Market Revenue, by Virtualized Network Functions, 2016 – 2026 (USD Billion)
- 9.6.5. Middle East & Africa Network Function Virtualization Market Revenue, by Applications, 2016 – 2026 (USD Billion)
- 9.1. Global Network Function Virtualization Market: Regional Overview
- Chapter 10. Company Profiles
- 10.1. Ericsson Telecommunications
- 10.1.1. Overview
- 10.1.2. Financials
- 10.1.3. Product Portfolio
- 10.1.4. Business strategy
- 10.1.5. Recent developments
- 10.2. Cisco Systems
- 10.2.1. Overview
- 10.2.2. Financials
- 10.2.3. Product Portfolio
- 10.2.4. Business strategy
- 10.2.5. Recent developments
- 10.3. VMware Incorporation
- 10.3.1. Overview
- 10.3.2. Financials
- 10.3.3. Product Portfolio
- 10.3.4. Business strategy
- 10.3.5. Recent developments
- 10.4. Huawei Technologies Co. Ltd
- 10.4.1. Overview
- 10.4.2. Financials
- 10.4.3. Product Portfolio
- 10.4.4. Business strategy
- 10.4.5. Recent developments
- 10.5. Hewlett Packard Enterprise
- 10.5.1. Overview
- 10.5.2. Financials
- 10.5.3. Product Portfolio
- 10.5.4. Business strategy
- 10.5.5. Recent developments
- 10.6. Dell EMC
- 10.6.1. Overview
- 10.6.2. Financials
- 10.6.3. Product Portfolio
- 10.6.4. Business strategy
- 10.6.5. Recent developments
- 10.7. NETSCOUT
- 10.7.1. Overview
- 10.7.2. Financials
- 10.7.3. Product Portfolio
- 10.7.4. Business strategy
- 10.7.5. Recent developments
- 10.8. Nokia Corporation
- 10.8.1. Overview
- 10.8.2. Financials
- 10.8.3. Product Portfolio
- 10.8.4. Business strategy
- 10.8.5. Recent developments
- 10.9. ZTE Corporation
- 10.9.1. Overview
- 10.9.2. Financials
- 10.9.3. Product Portfolio
- 10.9.4. Business strategy
- 10.9.5. Recent developments
- 10.10. Fujitsu
- 10.10.1. Overview
- 10.10.2. Financials
- 10.10.3. Product Portfolio
- 10.10.4. Business strategy
- 10.10.5. Recent developments
- 10.1. Ericsson Telecommunications
Table Of Figures
List of Figures
1. Global Network Function Virtualization Market Segmentation by Component, Enterprise Size, Virtualized Network Functions, Verticals and Geography
2. Global Network Function Virtualization Market, 2016-2026 (USD Billion)
3. Porter’s Five Forces Analysis: Network Function Virtualization Market
4. Global Network Function Virtualization Market Attractiveness, by Component
5. Global Network Function Virtualization Market Attractiveness, by Enterprise Size
6. Global Network Function Virtualization Market Attractiveness, by Virtualized Network Functions
7. Global Network Function Virtualization Market Attractiveness, by Applications
8. Global Network Function Virtualization Market Attractiveness, by Regional
9. Global Network Function Virtualization Market Revenue Share, by Component, 2019 & 2026 (USD Billion)
10. Global Network Function Virtualization Market by Services, 2016 – 2026 (USD Billion)
11. Global Network Function Virtualization Market by Orchestration and Automation, 2016 – 2026 (USD Billion)
12. Global Network Function Virtualization Market by Solutions, 2016 – 2026 (USD Billion)
13. Global Network Function Virtualization Market Revenue Share, by Enterprise Size, 2019 & 2026 (USD Billion)
14. Global Network Function Virtualization Market by Large enterprises, 2016 – 2026 (USD Billion)
15. Global Network Function Virtualization Market by SMEs, 2016 – 2026 (USD Billion)
16. Global Network Function Virtualization Market Revenue Share, by Virtualized Network Functions, 2019 & 2026 (USD Billion)
17. Global Network Function Virtualization Market by Storage, 2016 – 2026 (USD Billion)
18. Global Network Function Virtualization Market by Network, 2016 – 2026 (USD Billion)
19. Global Network Function Virtualization Market by Compute, 2016 – 2026 (USD Billion)
20. Global Network Function Virtualization Market Revenue Share, by Region, 2016-2026 (USD Billion)
21. North America Network Function Virtualization Market, 2016-2026, (USD Billion)
22. Europe Network Function Virtualization Market, 2016-2026, (USD Billion)
23. Asia Pacific Network Function Virtualization Market, 2016-2026 (USD Billion)
24. Latin America Network Function Virtualization Market, 2016 – 2026 (USD Billion)
25. Middle East & Africa Network Function Virtualization Market, 2016 – 2026 , (USD Billion)
Table Of Tables
List of Tables
1. Global network function virtualization market snapshot
2. Drivers for network function virtualization market: Impact analysis
3. Restraints of network function virtualization market: Impact analysis
4. North America Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
5. North America Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
6. North America Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
7. North America Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
8. U.S. Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
9. U.S. Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
10. U.S. Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
11. U.S. Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
12. Rest of North America Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
13. Rest of North America Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
14. Rest of North America Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
15. Rest of North America Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
16. Europe Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
17. Europe Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
18. Europe Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
19. Europe Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
20. UK Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
21. UK Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
22. UK Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
23. UK Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
24. France Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
25. France Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
26. France Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
27. France Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
28. Germany Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
29. Germany Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
30. Germany Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
31. Germany Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
32. Rest of Europe Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
33. Rest of Europe Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
34. Rest of Europe Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
35. Rest of Europe Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
36. Asia Pacific Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
37. Asia Pacific Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
38. Asia Pacific Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
39. Asia Pacific Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
40. China Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
41. China Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
42. China Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
43. China Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
44. Japan Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
45. Japan Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
46. Japan Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
47. Japan Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
48. India Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
49. India Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
50. India Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
51. India Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
52. Rest of Asia Pacific Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
53. Rest of Asia Pacific Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
54. Rest of Asia Pacific Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
55. Rest of Asia Pacific Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
56. Latin America Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
57. Latin America Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
58. Latin America Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
59. Latin America Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
60. Brazil Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
61. Brazil Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
62. Brazil Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
63. Brazil Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
64. Rest of Latin America Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
65. Rest of Latin America Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
66. Rest of Latin America Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
67. Rest of Latin America Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
68. Middle East & Africa Network Function Virtualization Market Revenue, By Component, 2016 – 2026 (USD Billion)
69. Middle East & Africa Network Function Virtualization Market Revenue, By Enterprise Size, 2016 – 2026 (USD Billion)
70. Middle East & Africa Network Function Virtualization Market Revenue, By Virtualized Network Functions, 2016 – 2026 (USD Billion)
71. Middle East & Africa Network Function Virtualization Market Revenue, By Applications, 2016 – 2026 (USD Billion)
Methodology
FrequentlyAsked Questions
Network Function Virtualization, often known as NFV, is a technology that can replace traditional dedicated hardware devices, such as routers and firewalls, with software-based virtual instances that are able to run on regular servers or cloud platforms. By abstracting network functions from individual hardware, this technique makes networks more flexible, scalable, and cost-efficient. It also enables better management, rapid deployment of services, and dynamic resource allocation based on demand.
The network functions virtualization market is anticipated to witness growth in the forecast period, owing to its cost-saving features which enable enterprises to reduce the costs related to the maintenance and procurement of hardware equipment. The network functions virtualization technology helps in driving a more stable network as compared to the old-style networking approach.
According to the report, the market for network function virtualization was valued USD 12.87 Billion in 2019 and is expected to reach around USD 50.24 Billion by 2026, at a CAGR approximately 21.60 % for the forecast period from 2020 to 2026.
On the basis of region, North America is expected to hold a significant share in the network function virtualization market during the projected period.
Major market players of the network function virtualization market are Ericsson Telecommunications, Cisco Systems, VMware Incorporation, Huawei Technologies Co., Ltd, Hewlett Packard Enterprise, Dell EMC, NETSCOUT, Nokia Corporation, ZTE Corporation and Fujitsu among others.
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