North America Network Functions Virtualization Market Size, Share & Industry Trends Analysis Report By Component (Solutions and Services), By End User, By Enterprises Type, By Organization Size, By Application, By Country and Growth Forecast, 2022 - 2028
The North America Network Functions Virtualization Market would witness market growth of 24.2% CAGR during the forecast period (2022-2028).
Virtual machines utilize software to carry out the same networking tasks as conventional hardware. Software, rather than hardware, handles load balancing, routing, and firewall security. Network engineers can automate the provisioning of the virtual network and program all of its diverse components using a hypervisor or software-defined networking controller. IT managers may quickly set a number of network functionality components through a single pane of glass.
The use of the phrase carrier grade to denote equipment displaying this high dependability and performance factor reflects the customary strict criteria for stability, protocol conformance, and quality established by the telecommunications sector while developing products. Additionally, the emergence of fierce competition for communication service offerings via agile businesses operating on the public Internet at scale, like Google Talk, Skype, and Netflix.
The adoption of network functions virtualization services and solutions are majorly increasing in the region. The United States is one of the world's largest markets for telecommunications services. While the growth in the productivity have been robust in the country, the employment in the sector has remained comparatively static. Between 1982 and 1992, the value added per employee hour increased at a 6.1% yearly pace. Over the same time period, gross output increased by 6.4% per employee. In terms of total factor productivity, the United States' telecommunications services sector outperforms various other countries.
The US market dominated the North America Network Functions Virtualization Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $23,768.8 million by 2028.The Canada market is poised to grow at a CAGR of 27% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 25.9% during (2022 - 2028).
Based on Component, the market is segmented into Solutions and Services. Based on End User, the market is segmented into Service Providers, Data Centers and Enterprises. Based on Enterprises Type, the market is segmented into BFSI, Manufacturing, Government & Defense, Healthcare, Retail, Education and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Application, the market is segmented into Virtual Appliance and Core Network. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, Oracle Corporation, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Ericsson AB, Hewlett Packard Enterprise Company, Juniper Networks, Inc., NEC Corporation, Amdocs Limited, F5 Networks, Inc, and Alcatel-Lucent Enterprise (China Huaxin Post and Telecom Technologies Co., Limited).
Scope of the Study
Market Segments covered in the Report:
By Component
- Solutions
- Services
- Service Providers
- Data Centers
- Enterprises
Manufacturing
Government & Defense
Healthcare
Retail
Education
Others
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
- Virtual Appliance
- Core Network
- US
- Canada
- Mexico
- Rest of North America
- Intel Corporation
- Oracle Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Ericsson AB
- Hewlett Packard Enterprise Company
- Juniper Networks, Inc.
- NEC Corporation
- Amdocs Limited
- F5 Networks, Inc
- Alcatel-Lucent Enterprise (China Huaxin Post and Telecom Technologies Co., Limited)
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Network Functions Virtualization Market, by Component
- 1.4.2 North America Network Functions Virtualization Market, by End User
- 1.4.3 North America Network Functions Virtualization Market, by Organization Size
- 1.4.4 North America Network Functions Virtualization Market, by Application
- 1.4.5 North America Network Functions Virtualization Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market composition and scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.3 Market Share Analysis, 2021
- 3.4 Top Winning Strategies
- 3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- Chapter 4. North America Network Functions Virtualization Market by Component
- 4.1 North America Solutions Market by Country
- 4.2 North America Services Market by Country
- Chapter 5. North America Network Functions Virtualization Market by End User
- 5.1 North America Service Providers Market by Country
- 5.2 North America Data Centers Market by Country
- 5.3 North America Enterprises Market by Country
- 5.4 North America Network Functions Virtualization Market by Enterprises Type
- 5.4.1 North America BFSI Market by Country
- 5.4.2 North America Manufacturing Market by Country
- 5.4.3 North America Government & Defense Market by Country
- 5.4.4 North America Healthcare Market by Country
- 5.4.5 North America Retail Market by Country
- 5.4.6 North America Education Market by Country
- 5.4.7 North America Other Enterprises Type Market by Country
- Chapter 6. North America Network Functions Virtualization Market by Organization Size
- 6.1 North America Large Enterprises Market by Country
- 6.2 North America Small & Medium Enterprises Market by Country
- Chapter 7. North America Network Functions Virtualization Market by Application
- 7.1 North America Virtual Appliance Market by Country
- 7.2 North America Core Network Market by Country
- Chapter 8. North America Network Functions Virtualization Market by Country
- 8.1 US Network Functions Virtualization Market
- 8.1.1 US Network Functions Virtualization Market by Component
- 8.1.2 US Network Functions Virtualization Market by End User
- 8.1.2.1 US Network Functions Virtualization Market by Enterprises Type
- 8.1.3 US Network Functions Virtualization Market by Organization Size
- 8.1.4 US Network Functions Virtualization Market by Application
- 8.2 Canada Network Functions Virtualization Market
- 8.2.1 Canada Network Functions Virtualization Market by Component
- 8.2.2 Canada Network Functions Virtualization Market by End User
- 8.2.2.1 Canada Network Functions Virtualization Market by Enterprises Type
- 8.2.3 Canada Network Functions Virtualization Market by Organization Size
- 8.2.4 Canada Network Functions Virtualization Market by Application
- 8.3 Mexico Network Functions Virtualization Market
- 8.3.1 Mexico Network Functions Virtualization Market by Component
- 8.3.2 Mexico Network Functions Virtualization Market by End User
- 8.3.2.1 Mexico Network Functions Virtualization Market by Enterprises Type
- 8.3.3 Mexico Network Functions Virtualization Market by Organization Size
- 8.3.4 Mexico Network Functions Virtualization Market by Application
- 8.4 Rest of North America Network Functions Virtualization Market
- 8.4.1 Rest of North America Network Functions Virtualization Market by Component
- 8.4.2 Rest of North America Network Functions Virtualization Market by End User
- 8.4.2.1 Rest of North America Network Functions Virtualization Market by Enterprises Type
- 8.4.3 Rest of North America Network Functions Virtualization Market by Organization Size
- 8.4.4 Rest of North America Network Functions Virtualization Market by Application
- Chapter 9. Company Profiles
- 9.1 Intel Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 Oracle Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.5.2 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
- 9.3 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.4 Ericsson AB
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.5 Hewlett Packard Enterprise Company
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Product Launches and Product Expansions:
- 9.5.5.2 Acquisition and Mergers:
- 9.5.6 SWOT Analysis
- 9.6 Juniper Networks, Inc.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.7 NEC Corporation
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.7.5.2 Acquisition and Mergers:
- 9.8 Amdocs Limited
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional Analysis
- 9.8.4 Research & Development Expense
- 9.9 F5 Networks, Inc.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Partnerships, Collaborations, and Agreements:
- 9.9.5.2 Acquisition and Mergers:
- 9.10. Alcatel-Lucent Enterprise (China Huaxin Post and Telecom Technologies Co., Limited)
- 9.10.1 Company Overview
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