Network based systems

Network Function Virtualization Market Statistics: Huge Opportunity for Investors by 2027

Network Functions Virtualization Market

The global network functions virtualization market is segmented on the basis of component, application, and region.

PORTLAND, OR, UNITED STATES, December 27, 2021 / – The increasing deployment of virtualized software among enterprise data centers, including Internet service providers (ISP) and cloud service providers (CSP), is driving the Network Functions Virtualization Market growth. However, the delay in adopting this technology is hampering this market. In addition, the increasing demand for data-intensive applications and the need for cloud-based services are expected to present major opportunities for the market expansion.

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The major players operating in this market are Ericsson AB, Hewlett Packard Enterprise, VMware Inc., Nokia Corporation, Huawei Technologies, 6WIND, A10 Networks, Affirmed Networks, Allot Communications and Amdocs.

Key Benefits
• The study provides an in-depth analysis of the global Network Function Virtualization market and current and future trends to elucidate impending pockets of investment.
• Information on the main drivers, constraints and opportunities and their impact analysis on market size is provided.
• Porters’ five strengths analysis illustrates the power of buyers and suppliers operating in the industry.
• Quantitative market analysis from 2017 to 2023 is provided to determine the market potential.

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