Network Function Virtualization Market by Component (Orchestration And Automation, Professional Services, Solutions), Enterprise Size (Large Enterprises, Small And Medium-sized Enterprises), Virtualized Network Function, Application, End User - Global Forecast 2023-2030
The Network Function Virtualization Market size was estimated at USD 29.76 billion in 2022 and expected to reach USD 34.42 billion in 2023, at a CAGR 16.24% to reach USD 99.20 billion by 2030.
Market Segmentation & Coverage:This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Network Function Virtualization Market.
- Based on Component, market is studied across Orchestration And Automation, Professional Services, and Solutions. The Professional Services is further studied across Consulting, Implementation, and Training And Support. The Solutions is further studied across Hardware and Software. The Orchestration And Automation commanded largest market share of 49.83% in 2022, followed by Solutions.
- Based on Enterprise Size, market is studied across Large Enterprises and Small And Medium-sized Enterprises. The Large Enterprises commanded largest market share of 56.61% in 2022, followed by Small And Medium-sized Enterprises.
- Based on Virtualized Network Function, market is studied across Computer, Network, and Storage. The Network commanded largest market share of 51.12% in 2022, followed by Computer.
- Based on Application, market is studied across Core Network and Virtual Appliance. The Core Network is further studied across Mobile Edge Computing, Virtual Internet Protocol Multimedia Subsystem, Virtualized Evolved Packet Core, and Virtualized Radio Access Network. The Core Network commanded largest market share of 69.96% in 2022, followed by Virtual Appliance.
- Based on End User, market is studied across Data Centers, Enterprises, and Service Providers. The Enterprises is further studied across Banking, Financial Services, And Insurance, Education, Government And Defense, Healthcare, Manufacturing, and Retail. The Service Providers is further studied across Network Service Providers and Telecom Operators. The Enterprises commanded largest market share of 47.56% in 2022, followed by Data Centers.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 36.90% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:The FPNV Positioning Matrix is an indispensable tool for assessing the Network Function Virtualization Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:The Market Share Analysis offers invaluable insights into the vendor landscape Network Function Virtualization Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:The report delves into recent significant developments in the Network Function Virtualization Market, highlighting leading vendors and their innovative profiles. These include Affirmed Networks, Inc., Amdocs Group, Ciena Corporation, Cisco Systems, Inc., Dell Inc., Fortinet, Inc., Fujitsu Limited, Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd., Intel Corporation, International Business Machines Corporation, Juniper Networks, Inc., Mavenir Systems, Inc., Metaswitch Networks Ltd., NEC Corporation, Netscout Systems, Inc., Nokia Corporation, Oracle Corporation, Palo Alto Networks, Radisys Corporation, Ribbon Communications Inc., Telefonaktiebolaget LM Ericsson, VMWARE, Inc., Wind River Systems, Inc., and ZTE Corporation.
The report offers valuable insights on the following aspects:- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:- What is the market size and forecast for the Network Function Virtualization Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Network Function Virtualization Market?
- What is the competitive strategic window for identifying opportunities in the Network Function Virtualization Market?
- What are the latest technology trends and regulatory frameworks in the Network Function Virtualization Market?
- What is the market share of the leading vendors in the Network Function Virtualization Market?
- Which modes and strategic moves are suitable for entering the Network Function Virtualization Market?
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