Global Network Function Virtualization Market – Opportunity Analysis and Industry Forecast, 2017-2023

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Portland, OR — (SBWIRE) — 08/24/2017 — Network function virtualization (NFV) is a combination of hardware and software network that deals in the virtual network. It assists in optimizing the networks and related operations and reduces power consumption, thus decreasing equipment cost. It facilitates accessibility of several applications on one single network appliance. The decrease in capital and operational expenditure is a major advantage offered by network function virtualization.

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Increase in the deployment of virtualized software among enterprise data centers, including internet service providers (ISP) and cloud service providers (CSP), drives the market growth. However, delay in adoption of this technology hampers this market. Furthermore, Rise in demand for data-intensive applications and the need for cloud-based services are expected to present major opportunities for market expansion.

The global network function virtualization market is segmented on the basis of component, application, and region. On the basis of the component, it is divided into software and infrastructure & services. The application segment is categorized into switching elements (routers), service assurance, next-generation signaling, security function, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Network Function Virtualization Market Key Segments:

By Component

– Software
– Infrastructure & Services

By Application

– Switching Elements (Routers)
– Service Assurance
– Next-generation Signaling
– Security Function
– Others

By Region

North America
– U.S.
– Canada
– Mexico

– UK
– Germany
– France
– Russia
– Rest of Europe

– China
– India
– Japan
– Australia
– Rest of Asia-Pacific

– Latin America
– Middle East
– Africa

Key Market Players Profiled In The Report

– Ericsson AB
– Hewlett Packard Enterprise
– VMware Inc.
– Nokia Corporation
– Huawei Technologies
– A10 Networks
– Affirmed Networks
– Allot Communications
– Amdocs

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About the Author: Jim Kim

Jim has over six years experience as a teacher, ecologist, zoologist and botanist. He has a B.S. from Cornell University, and a Ph.D. in biology from Harvard University Graduate School. His professional expertise in environmental health empacts has been recognized since 1973, when he testified at a New York DEC public hearing in Utica on ground truthing aerial photo wetland mapping by wetland community type. He taught (HS) Physics, Geology, Oceanography, Chemistry and photography from 1970-1980 at Palfrey Street School, Watertown, MA. Aproject: National Cooperative Highway Research Program. Jim works as our health editor