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  • Network Function Virtualization Market Shoots Up to USD 19 Billion by 2022 at 31% of CAGR: Asserts MRFR

    (I-SoftwareNews.Com, March 09, 2018 ) Network Function Virtualization Market Size, Share, Trends Analysis Research Report 2018 of 100 pages expands comprehensive information on Global Network Function Virtualization Market by Network Function Virtualization Market, By Application (Switching Elements, Traffic Analysis, Next Generation Signaling), Deployment (Cloud, On-premise), By Infrastructure (Hardware Resources, Virtualized Resources), By End-User (CSP, BFSI, Cloud Service Provider) - Forecast 2022

    Market Scenario:

    Network functions virtualization (NFV) is a core structural change in the way telecommunication infrastructure gets deployed. Network functions virtualization (NFV) describes standards for compute, storage, and networking resources which can be used for building virtualized network functions. It refers to the combination of hardware and software network features in a single virtual network. It also aims to address the problems by evolving standard IT virtualization technology to consolidate many network equipment types onto industry standard high volume servers, switches and storage.

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    The Network Function Virtualization Market is showing rapid growth in the near future. The study indicates that, the increased adoption of internet of things (IoT), growing popularity of digitization are the factors driving the network function virtualization market. Also, theincreasing demand for data intensive applications and need of cloud based services is driving the network function virtualization market. The network function virtualization enables operators to reduce the needs to purchase customized hardware instead pay-as-you-grow model thus reducing the CapEx. The network function virtualization benefits by reducing OpEx, accelerating time to market by reducing the time to deploy. The study reveals that the major challenge for the network function virtualization market would be, network function virtualization environments are more dynamic than traditional ones, which might require scaling up with additional features to cope.

    The global industrial automation market is expected to grow at USD 19 Billion by 2022, at 31% of CAGR between 2016 and 2022.

    Key Players:

    Accenture PLC (Ireland),
    Juniper Networks (U.S.),
    Alcatel-Lucent S.A. (France),
    Cisco Systems, Inc. (U.S.),
    Huawei technologies Co. Ltd. (China),
    Nokia Corporation (Finland),
    Intel Corporation (U.S.),
    NEC Inc. (Japan),
    Amdocs Inc. (U.S.),
    Connectem Inc. (U.S.),
    Ericsson (Sweden),
    6WIND (France),
    Oracle Corporation (U.S.),
    Open Wave Mobility Inc. (U.S.),
    Allot communications (U.S.)

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    Network function virtualization is market is segmented on the basis of application, deployment, infrastructure and end-user.

    Network function virtualization market by Application:

    Switching Elements
    Traffic Analysis
    Service Assurance
    Next Generation Signaling

    Network function virtualization market by Deployment:

    On premise

    Network function virtualization market by Infrastructure:

    Hardware Resources
    Virtualization Layer
    Virtualized Resources

    Network function virtualization market by End-user:

    Communication service provider (CSP)
    Information Technology
    Cloud service provider

    Regional Analysis:

    The regional analysis of Network function virtualization is being studied for region such as Asia pacific, North America, Europe and Rest of the World. It has been observed that North America is dominating the Network function virtualization market owing to a significant move from proof of concepts to commercial deployment of NFV by the telecom operators, which will drive the network function virtualization market growth. The study indicates that regions witnessing migration to 5G will drive the need of deploying network function virtualization (NFV).

    Intended Audience

    Technology investors
    Key market innovators
    Venture capitalists
    Private equity groups
    Telecom service providers
    Internet service providers
    Cloud service providers
    Research/Consultancy firms

    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.

    MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.


    Market Research Future


    Source: EmailWire.Com


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