DUBLIN, October 22, 2021– (COMMERCIAL THREAD)–The “Network Function Virtualization (NFV) Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026” the report was added to ResearchAndMarkets.com offer.
The global Network Function Virtualization (NFV) market has experienced strong growth during the period 2015-2020. Looking ahead, the market is expected to grow at a CAGR of approximately 28% during 2021-2026.
Affirmed Networks Inc. (Microsoft Corporation)
Ciena Corporation (Tellabs Inc.)
Cisco Systems Inc.
Dell EMC (Dell Technologies Inc.)
Huawei Technologies Co. Ltd.
Juniper Networks Inc.
Telefonaktiebolaget LM Ericsson and ZTE Corporation
Bearing in mind the uncertainties of COVID-19, the analyst is continuously monitoring and evaluating the direct and indirect influence of the pandemic on different end-use industries. This information is included in the report as a major contributor to the market.
Network Function Virtualization (NFV) refers to the process of designing, deploying, and managing network services. NFV performs various networking functions, operates them from a hardware base, and allows the user to run the software in virtual machines. Compared to traditional firewall devices and routers, modern NVF solutions can be deployed across multiple hardware. It is often used with various other services, such as Domain Name Service (DNS), Network Address Translation (NAT), firewalls, and caching. The NFV architecture consists of an element manager, a virtualized infrastructure manager, an orchestrator and an operating support system.
Significant growth in the banking, financial services and insurance (BFSI), healthcare, retail, manufacturing and information technology (IT) sectors is one of the factors keys to creating a positive outlook for the market. This has increased the need for advanced networking and NFV systems to handle growing network traffic and data complexity. In addition, the widespread adoption of virtual appliances is also driving the market. They are usually based on various networking operations, such as traffic forwarding, monitoring, security, caching, intrusion detection systems, and domain name service. NFV offers optimized network scalability and agility to manage the entire network and improve its overall performance, which acts as another growth driver. It can also be integrated with the Internet of Things (IoT) and private cloud computing services for increased flexibility. Other factors, including growing demand for data center consolidation and server virtualization, along with growing investments in 5G network technology, are expected to further drive the market.
Key questions answered in this report
How has the global Network Function Virtualization (NFV) market performed so far and how will it perform in the years to come?
What are the main regional markets?
What has been the impact of COVID-19 on the global network functions virtualization (NFV) market?
What is the distribution of the market according to the supply?
How does the market break down according to the deployment method?
What is the distribution of the market according to the size of the company?
What is the market split depending on the application?
What is the distribution of the market according to the end user?
What are the different stages of the industry value chain?
What are the main factors and challenges for the industry?
What is the structure of the global Network Function Virtualization (NFV) market and who are the major players?
How competitive is the industry?
Main topics covered:
2 Scope and methodology
3 Executive summary
4.2 Key Industry Trends
5 Global Network Function Virtualization (NFV) Market
5.1 Market overview
5.2 Market performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market breakdown by offer
7 Market breakdown by deployment mode
8 Market breakdown by company size
9 Market breakdown by application
10 Market breakdown by end user
11 Market breakdown by region
12 SWOT Analysis
13 Value chain analysis
14 Porters Five Forces Analysis
15 Price analysis
16 Competitive landscape
16.1 Market structure
16.2 Key players
16.3 Profiles of key players
For more information on this report, visit https://www.researchandmarkets.com/r/sh8p87
See the source version on businesswire.com: https://www.businesswire.com/news/home/20211022005334/en/
Laura Wood, Senior Press Director
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