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Global Network Functions Virtualization Market to Grow at 52.29% CAGR By 2019

Emerging technology is ready to garner the attention it deserves

The operational cost advantages, limited infrastructure requirement for scaling and performance improvements are driving the NFV market globally.
— Lead Analyst, ResearchFox Consulting
BENGALURU, KARNATAKA, INDIA, October 13, 2015 /EINPresswire.com/ -- The report titled Network Functions Virtualization Market - Outlook (2015-19) showcases an in-depth analysis of the market in terms of market size, segmentation by regions, by customer segments and by end users. This report also forecasts the growth numbers till 2019 (on a YoY basis) and hence suggests the Compound Annual Growth Rate (CAGR) for the estimated period.

The report brings about a detailed description of the developed regions like North America and Europe, service provider analysis (ResearchFox LAYERS), market forces, metrics and market share for the NFV market.

Network Functions Virtualization (NFV) Market Overview

Network Functions Virtualization (NFV) is a network architecture concept that proposes using IT virtualization related technologies to virtualize entire classes of network node functions into building blocks that may be connected, or chained, to create communication services. Enterprises are the major adopters of NFV and are benefited with reduction in operation cost and improve the performance and efficiency.

North America leads in NFV adoption

The operational cost advantages, limited infrastructure requirement for scaling and performance improvements are driving the NFV market globally. NFV optimized network configuration and topology in real time based on actual traffic patterns and service demand. Hence, enterprises are presented with a great opportunity to provide secure connectivity and improved performance and efficiency of processes. However NFV adoption is concentrated more in developed countries with established IT infrastructure and is expected to grow in other regions in the short term and long term impacted by the awareness initiatives.

North America has an advantage of developed cloud infrastructure as compared to its counterparts in rest of the world. The awareness about NFV is also high in the region with enterprise end users possessing the lion’s share of the market. NFV is touted to be the game changer for telecom industry in the region with the possible integration of cloud and NFV as well as the openness of the technology. Besides, the increase in demand for cloud based solutions has forced Cloud and SaaS vendors to look for alternatives which will not only help minimize cost but also ensure efficiency along the way.

Europe is home to a lot of diverse cultures and also prides on an efficient 3G network which is playing a vital role in the corporate ecosystem. Cloud infrastructure in Europe is embraced by the customers with open arms and the trend seems to continue for the better half of next decade as well. European IT industry is hosting a range of initiatives to generate awareness about NFV, which will eventually drive adoption to higher levels in the region.
Rest of the world is yet to embrace NFV and makes a miniscule contribution to the market. Dominated by Asia Pacific including Australia and New Zealand, the RoW regional segment will take some time before NFV gets into the mainstream mainly due to the need for acceptance of the technology coupled with the developed infrastructure requirements. However, with a huge investments and PoCs (Proof of Concept) in place, the Asia Pacific region will dominate the adoption in the years to come by.

Market Segments and Forecasts Covered in the Report

The Global NFV market is segmented by:
• Regions (North America, Europe, RoW)
• Customer Segment (Telcos, Cloud and SaaS)
• End users (Enterprise, Mid-size, Small Business)

Companies discussed in the Global NFV market research report are Alcatel-Lucent, Cisco, Ericsson, HP, Nokia Siemens Network, Oracle, Dell, Broadcom, F5 Networks, Juniper Networks, Brocade, Amdocs, Wind River, Cyan, Arista Networks, Huawei Technologies, Sandvine, Opera Software, Intel, NEC
To purchase the full report please call +1-408-469-4380 or mail us at explore@researchfox.com

Uniqueness of this Report

• In-depth segmentation of the NFV market
• Market drivers, constraints, opportunity and challenges analyzed
• Market Metrics, Market Share, Porter’s Five Forces Analysis
• Performance measurement of the leading market participants and gauging them against strategy and competence in the global arena through ResearchFox LAYERS
• Unique price structure with NFV market report starting USD 299 only

To explore more on reports by ResearchFox Consulting, please visit our market research reports section. You can also drop an enquiry for custom engagements.

About ResearchFox Consulting

ResearchFox is an International market research company from Bangalore, India with focus on delivering high quality research services to business professionals, organizations and individuals through knowledge driven research methodology. We provide first-hand data services & reports on various industries, technologies, market parameters and key competitors in the industry thereby giving rational forecast on market trends to help clients identify prospective growth areas and gain competitive edge. Established as SBU of Han Digital group in 2009, ResearchFox was officially incorporated in 2012. We provide niche market research services which go beyond client - vendor transactions/ interactions by not only paving way for strong relationships but also creating a healthy ecosystem for actionable decision making.

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Pranab Sen
ResearchFox Consulting
+1-408-469-4380
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