Global Virtual Network Functions Industry driven by the growing need for advanced network management systems

1.       Page |​ 1 Copyright © 2017 Market Research Future.  

2.           ​ ​         Global Virtual Network Functions Industry Research Report, By Component (Hardware, Software, And Services), By Organization                               Size (Sme And Large Enterprises), By Deployment, And By End-Users - Forecast Till 2023    Market Synopsis  The global market for virtual network functions is expected to grow to around USD 25 billion by 2023, at a 30% CAGR over the                                                 review period (2017-2023).    Key Players  Some of the market players of Virtual Network Functions Industry include Cisco Corporartion (U.S.), Alcatel-Lucent (France),                                 Ericsson (Sweden), F5 networks (U.S.), Huwaei (China) , Tech Mahindra (India), Ribbon Communications (U.S.), Trend Micro                                 (Japan), Telefonica (Spain), Verizon Communications (U.S.), Fujitsu (Japan), NEC corporation (Japan), HP Enterprise( U.S.), and                               Aricent Incorporation (France).    Request Free Sample @ https://www.marketresearchfuture.com/sample_request/5680    Drivers and Restraints  The major factors driving the demand for virtual network functions include the rising need for advanced network management                                     systems to handle the increasing complexity and complexities of networks. The virtual network function market is expected to                                     experience a rapid growth as network virtualization technologies enable companies to reduce the costs associated with                                 hardware equipment procurement and maintenance. Compared with traditional networking approach, the technologies help                           deliver network services in a more scalable way. The enterprises quickly embrace network virtualization solutions as they                                   promote faster server delivery and rapid deployment of network services. SMEs are projected to experience a heavy use of                                       virtualization solutions as they allow server & device consolidation and enhance disaster recovery. They can also handle multiple                                     workloads with maximum uptime and improved performance by deploying those solutions. Rapid investment to market 5 G                                   networks will also drive demand for solutions to virtual network functionality. Implementing the virtualization system would                                 greatly improve the practical and technological feasibility of the 5 G network including improved mobility and decreased capital                                     expenditure.  Page |​ 2 Copyright © 2017 Market Research Future.  

3.     On the flip side, service providers' lack of quality as per the normal policies and safety requirements regulated by the European                                           Telecommunications Requirements Institute (ETSI) is expected to be a major challenge factor for the virtual network functions                                   over the review period.    Segmentation  The Virtual Network Functions Industry is differentiated by component, organization size, deployment, and end-user.  By component, the Virtual Network Functions Industry is sub-segmented as software, hardware, and services. The hardware                                 sub-segment comprises switches, storage, servers, and others. The software sub-segment comprises network security,                           application software, and load balancing. Furthermore, the service sub-segment is categorized as consulting service, training &                                 support, integration & implementation and others.   On the basis of deployment, the market is bifurcated into on-premises and on-cloud.   Based on the organization size, the market is divided as large enterprises and Small & Medium Enterprises (SMEs).  Furthermore, on the basis of end-user, the market is classified as IT & telecom BFSI, healthcare, manufacturing, government, and                                       others.    Regional Assessment  The Virtual Network Functions are geographically segmented into four different regions, namely North America, Asia Pacific,                                 Europe and the rest of the world.  In the market for virtual network functions North America is presumed to have a significant growth. The United States and                                         Canada are the region's premier countries. That is due to the region's advanced telecom services. Europe is also projected to see                                           substantial demand growth.  It is expected that the United Kingdom, France and Germany will be leading countries due to the increase in service providers,                                           which will focus mainly on virtual network platforms in the coming years.   Asia Pacific is also projected to be the fastest-growing region in the market for virtual network functions over the review period.                                           Japan , India, and China are the leading countries on the Virtual Network Functions Industry, owing to the increased use of tablets                                            , laptops, and smartphones, as well as the increased availability of IP content.  The remaining segment of the world is also expected to witness significant growth over the review period. The the number of                                           data centers in countries like Mexico, Brazil and GCC increased the use of virtualization server solutions to run heavy workloads                                         and cloud applications. As well, growing investments in 5 G technology creation would fuel market growth. Countries including                                     Mexico, Saudi Arabia, Dubai and Kuwait are exploring 5 G technology in this region and undertaking 5 G live tests on speed,                                             equipment and latency. Telecom operators in the region are therefore preparing to switch to technology for virtualisation and                                     SDN-based solutions for flexible and scalable network management.    Get Report Details @ https://www.marketresearchfuture.com/reports/virtual-network-functions-market-5680    LIST OF TABLES  Table1 World Population By Major Regions (2017 To 2023)  Page |​ 3 Copyright © 2017 Market Research Future.  

4.     Table2 Global Virtual Network Function Market: By Region, 2017-2023  Table3 North America Virtual Network Function Market: By Country, 2017-2023  Table4 Europe Virtual Network Function Market: By Country, 2017-2023  Table5 Asia Pacific Virtual Network Function Market: By Country, 2017-2023  Continued……    LIST OF FIGURES  FIGURE 1 Global Virtual Network Function Market Segmentation  FIGURE 2 Forecast Methodology  FIGURE 3 Porter’s Five Forces Analysis Of Global Virtual Network Function Market  FIGURE 4 Value Chain Of Global Virtual Network Function Market  FIGURE 5 Share Of Global Virtual Network Function Market In 2017, By Country (In %)  Continued…….    About Market Research Future:  At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked                                       Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR),                             and Market Research & Consulting Services.     Contact:  Market Research Future  Office No. 528, Amanora Chambers  Magarpatta Road, Hadapsar,  Pune - 411028  Maharashtra, India  +1 646 845 9312  Email: sales@marketresearchfuture.com          Page |​ 4 Copyright © 2017 Market Research Future.  

5.     Page |​ 5 Copyright © 2017 Market Research Future.