Global Network Function Virtualization (NFV) Market Analysis & Trends - Industry Forcast to 2028

Global Network Function Virtualization (NFV) Market Analysis & Trends - Industry Forcast to 2028

The Global Network Function Virtualization (NFV) Market is poised to grow strong during the forecast period 2018 to 2028. Some of the prominent trends that the market is witnessing include growing acceptance of cloud computing, high growth for network virtualization and automation and increase in the advancement of Open-Source SDN and NFV.

Based on the deployment, the market is segregated into on premise and cloud.

By enterprise size, the market is fragmented into large enterprises and small and medium-sized enterprises.

On the basis of the resources, the market is classified into virtualized resources and virtualization layer.

With respect to the virtualized network function, the market is segmented into compute, network and storage. Network segment is further bifurcated into network function virtualization and Software Defined Network (SDN). Storage segment is further divided into file level virtualization and block level virtualization.

On the contrary to the component, the market is bifurcated into orchestration and automation, solutions and professional services. Solutions segment is further segmented into software and hardware. Software is further divided into VNF Software and NFV MANO. Hardware segment is further segmented into NFV servers, switches and storage. Professional services segment is further bifurcated into implementation, integration and maintenance, managed service, training and consulting and training and support.

Based on the product, the market is segregated into Domain Name Service (DNS), firewalls, intrusion detection, Network Address Translation (NAT) and other products.

By application, the market is fragmented into core network, next generation signaling, security function, service assurance, switching elements (routers), traffic analysis and virtual appliance. Core network is further divided into virtualized radio access network, virtualized evolved packet core, virtual internet protocol multimedia subsystem and mobile edge computing.

On the basis of the end user, the market is classified into data centers, service providers and enterprises. Service providers segment is further segmented into IT &telecom operators and network service providers. Enterprises segment is further bifurcated into banking, financial services, and insurance, education, government and defense, healthcare, manufacturing, retail & consumer goods and other enterprises. Other enterprises are further divided into hospitality, media & entertainment, transportation & logistics and utilities.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2017, 2018 revenue estimations are presented for 2019 and forecasts for 2023 and 2028. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.

Regional Analysis:
North America
- US
- Canada
- Mexico

Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe

Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific

Middle East
- Saudi Arabia
- UAE
- Rest of Middle East

Latin America
- Argentina
- Brazil
- Rest of Latin America

Rest of the World
- South Africa
- Others

Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
- Market opportunities and recommendations for new investments


1 Market Outline
1.1 Research Methodology
1.1.1 Research Approach & Sources
1.2 Market Trends
1.3 Regulatory Factors
1.4 Product Analysis
1.5 Application Analysis
1.6 End User Analysis
1.7 Strategic Benchmarking
1.8 Opportunity Analysis
2 Executive Summary
3 Market Overview
3.1 Current Trends
3.1.1 Growing acceptance of cloud computing
3.1.2 High growth for network virtualization and automation
3.1.3 Increase in the advancement of Open-Source SDN and NFV
3.1.4 Growth Opportunities/Investment Opportunities
3.2 Drivers
3.3 Constraints
3.4 Industry Attractiveness
3.4.1 Bargaining power of suppliers
3.4.2 Bargaining power of buyers
3.4.3 Threat of substitutes
3.4.4 Threat of new entrants
3.4.5 Competitive rivalry
4 Network Function Virtualization (NFV) Market, By Deployment
4.1 On Premise
DATA TABLE On Premise Market Forecast to 2028 (US$ MN)
4.2 Cloud
DATA TABLE Cloud Market Forecast to 2028 (US$ MN)
5 Network Function Virtualization (NFV) Market, By Enterprise Size
5.1 Large Enterprises
DATA TABLE Large Enterprises Market Forecast to 2028 (US$ MN)
5.2 Small and Medium-Sized Enterprises
DATA TABLE Small and Medium-Sized Enterprises Market Forecast to 2028 (US$ MN)
6 Network Function Virtualization (NFV) Market, By Resources
6.1 Virtualized Resources
DATA TABLE Virtualized Resources Market Forecast to 2028 (US$ MN)
6.2 Virtualization Layer
DATA TABLE Virtualization Layer Market Forecast to 2028 (US$ MN)
7 Network Function Virtualization (NFV) Market, By Virtualized Network Function
7.1 Compute
DATA TABLE Compute Market Forecast to 2028 (US$ MN)
7.2 Network
DATA TABLE Market Forecast to 2028 (US$ MN)
7.2.1 Network Function Virtualization
DATA TABLE Network Function Virtualization Market Forecast to 2028 (US$ MN)
7.2.2 Software Defined Network (SDN)
DATA TABLE Software Defined Network (SDN) Market Forecast to 2028 (US$ MN)
7.3 Storage
DATA TABLE Storage Market Forecast to 2028 (US$ MN)
7.3.1 File Level Virtualization
DATA TABLE File Level Virtualization Market Forecast to 2028 (US$ MN)
7.3.2 Block Level Virtualization
DATA TABLE Block Level Virtualization Market Forecast to 2028 (US$ MN)
8 Network Function Virtualization (NFV) Market, By Component
8.1 Orchestration and Automation
DATA TABLE Orchestration and Automation Market Forecast to 2028 (US$ MN)
8.2 Solutions
DATA TABLE Solutions Market Forecast to 2028 (US$ MN)
8.2.1 Software
DATA TABLE Software Market Forecast to 2028 (US$ MN)
8.2.1.1 VNF Software
8.2.1.2 NFV MANO
8.2.2 Hardware
DATA TABLE Hardware Market Forecast to 2028 (US$ MN)
8.2.2.1 NFV servers
8.2.2.2 Switches
8.2.2.3 Storage
8.3 Professional Services
DATA TABLE Professional Services Market Forecast to 2028 (US$ MN)
8.3.1 Implementation
DATA TABLE Implementation Market Forecast to 2028 (US$ MN)
8.3.2 Integration and maintenance
DATA TABLE Integration and maintenance Market Forecast to 2028 (US$ MN)
8.3.3 Managed service
DATA TABLE Managed service Market Forecast to 2028 (US$ MN)
8.3.4 Training and Consulting
DATA TABLE Training and Consulting Market Forecast to 2028 (US$ MN)
8.3.5 Training and Support
DATA TABLE Training and Support Market Forecast to 2028 (US$ MN)
9 Network Function Virtualization (NFV) Market, By Product
9.1 Domain Name Service (DNS)
DATA TABLE Domain Name Service (DNS) Market Forecast to 2028 (US$ MN)
9.2 Firewalls
DATA TABLE Firewalls Market Forecast to 2028 (US$ MN)
9.3 Intrusion Detection
DATA TABLE Intrusion Detection Market Forecast to 2028 (US$ MN)
9.4 Network Address Translation (NAT)
DATA TABLE Network Address Translation (NAT) Market Forecast to 2028 (US$ MN)
9.5 Other Products
DATA TABLE Other Products Market Forecast to 2028 (US$ MN)
10 Network Function Virtualization (NFV) Market, By Application
10.1 Core Network
DATA TABLE Core Network Market Forecast to 2028 (US$ MN)
10.1.1 Virtualized Radio Access Network
DATA TABLE Virtualized Radio Access Network Market Forecast to 2028 (US$ MN)
10.1.2 Virtualized Evolved Packet Core
DATA TABLE Virtualized Evolved Packet Core Market Forecast to 2028 (US$ MN)
10.1.3 Virtual Internet Protocol Multimedia Subsystem
DATA TABLE Virtual Internet Protocol Multimedia Subsystem Market Forecast to 2028 (US$ MN)
10.1.4 Mobile Edge Computing
DATA TABLE Mobile Edge Computing Market Forecast to 2028 (US$ MN)
10.2 Next Generation Signaling
DATA TABLE Next Generation Signaling Market Forecast to 2028 (US$ MN)
10.3 Security Function
DATA TABLE Security Function Market Forecast to 2028 (US$ MN)
10.4 Service Assurance
DATA TABLE Service Assurance Market Forecast to 2028 (US$ MN)
10.5 Switching Elements (Routers)
DATA TABLE Switching Elements (Routers) Market Forecast to 2028 (US$ MN)
10.6 Traffic Analysis
DATA TABLE Traffic Analysis Market Forecast to 2028 (US$ MN)
10.7 Virtual Appliance
DATA TABLE Virtual Appliance Market Forecast to 2028 (US$ MN)
11 Network Function Virtualization (NFV) Market, By End User
11.1 Data Centers
DATA TABLE Data Centers Market Forecast to 2028 (US$ MN)
11.2 Service Providers
DATA TABLE Service Providers Market Forecast to 2028 (US$ MN)
11.2.1 IT &Telecom Operators
DATA TABLE IT &Telecom Operators Market Forecast to 2028 (US$ MN)
11.2.2 Network Service Providers
DATA TABLE Network Service Providers Market Forecast to 2028 (US$ MN)
11.3 Enterprises
DATA TABLE Enterprises Market Forecast to 2028 (US$ MN)
11.3.1 Banking, Financial Services, and Insurance
DATA TABLE Banking, Financial Services, and Insurance Market Forecast to 2028 (US$ MN)
11.3.2 Education
DATA TABLE Education Market Forecast to 2028 (US$ MN)
11.3.3 Government and Defense
DATA TABLE Government and Defense Market Forecast to 2028 (US$ MN)
11.3.4 Healthcare
DATA TABLE Healthcare Market Forecast to 2028 (US$ MN)
11.3.5 Manufacturing
DATA TABLE Manufacturing Market Forecast to 2028 (US$ MN)
11.3.6 Retail & consumer goods
DATA TABLE Retail & consumer goods Market Forecast to 2028 (US$ MN)
11.3.7 Other Enterprises
DATA TABLE Other Enterprises Market Forecast to 2028 (US$ MN)
11.3.7.1 Hospitality
11.3.7.2 Media & Entertainment
11.3.7.3 Transportation & Logistics
11.3.7.4 Utilities
12 Network Function Virtualization (NFV) Market, By Geography
12.1 North America
DATA TABLE North America Market Forecast by Countries to 2028 (US$ MN)
12.1.1 US
12.1.2 Canada
12.1.3 Mexico
12.2 Europe
DATA TABLE Europe Market Forecast by Countries to 2028 (US$ MN)
12.2.1 Germany
12.2.2 U.K
12.2.3 Italy
12.2.4 France
12.2.5 Spain
12.2.6 Rest of Europe
12.3 Asia Pacific
DATA TABLE Asia Pacific Market Forecast by Countries to 2028 (US$ MN)
12.3.1 China
12.3.2 Japan
12.3.3 India
12.3.4 Australia
12.3.5 New Zealand
12.3.6 Rest of Asia Pacific
12.4 Middle East
DATA TABLE Middle East Market Forecast by Countries to 2028 (US$ MN)
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Rest of Middle East
12.5 Latin America
DATA TABLE Latin America Market Forecast by Countries to 2028 (US$ MN)
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Rest of Latin America
12.6 Rest of the World (RoW)
DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2028 (US$ MN)
12.6.1 South Africa
12.6.2 Others
13 Key Player Activities
13.1 Acquisitions & Mergers
13.2 Agreements, Partnerships, Collaborations and Joint Ventures
13.3 Product Launch & Expansions
13.4 Other Activities
14 Leading Companies
14.1 Affirmed Networks
14.2 Ciena
14.3 Cisco
14.4 Dell EMC
14.5 ECI Telecom
14.6 Ericsson
14.7 Fujitsu
14.8 HPE
14.9 Huawei
14.10 Juniper Networks
14.11 Mavenir
14.12 Metaswitch Networks
14.13 NEC
14.14 NETSCOUT
14.15 Nokia
14.16 Radisys
14.17 Ribbon Communications
14.18 VMware
14.19 Wind River
14.20 ZTE
List of Tables
Table 1 Global Network Function Virtualization (NFV) Market By Region, Market Forecast (2016-2028) (US $MN)
Table 2 Global Network Function Virtualization (NFV) Market By Deployment, Market Forecast (2016-2028) (US $MN)
Table 3 Global Network Function Virtualization (NFV) Market By On Premise, Market Forecast (2016-2028) (US $MN)
Table 4 Global Network Function Virtualization (NFV) Market By Cloud, Market Forecast (2016-2028) (US $MN)
Table 5 Global Network Function Virtualization (NFV) Market By Enterprise Size, Market Forecast (2016-2028) (US $MN)
Table 6 Global Network Function Virtualization (NFV) Market By Large Enterprises, Market Forecast (2016-2028) (US $MN)
Table 7 Global Network Function Virtualization (NFV) Market By Small and Medium-Sized Enterprises, Market Forecast (2016-2028) (US $MN)
Table 8 Global Network Function Virtualization (NFV) Market By Resources, Market Forecast (2016-2028) (US $MN)
Table 9 Global Network Function Virtualization (NFV) Market By Virtualized Resources, Market Forecast (2016-2028) (US $MN)
Table 10 Global Network Function Virtualization (NFV) Market By Virtualization Layer, Market Forecast (2016-2028) (US $MN)
Table 11 Global Network Function Virtualization (NFV) Market By Virtualized Network Function, Market Forecast (2016-2028) (US $MN)
Table 12 Global Network Function Virtualization (NFV) Market By Compute, Market Forecast (2016-2028) (US $MN)
Table 13 Global Network Function Virtualization (NFV) Market By Network, Market Forecast (2016-2028) (US $MN)
Table 14 Global Network Function Virtualization (NFV) Market By Network Function Virtualization, Market Forecast (2016-2028) (US $MN)
Table 15 Global Network Function Virtualization (NFV) Market By Software Defined Network (SDN), Market Forecast (2016-2028) (US $MN)
Table 16 Global Network Function Virtualization (NFV) Market By Storage, Market Forecast (2016-2028) (US $MN)
Table 17 Global Network Function Virtualization (NFV) Market By File Level Virtualization, Market Forecast (2016-2028) (US $MN)
Table 18 Global Network Function Virtualization (NFV) Market By Block Level Virtualization, Market Forecast (2016-2028) (US $MN)
Table 19 Global Network Function Virtualization (NFV) Market By Component, Market Forecast (2016-2028) (US $MN)
Table 20 Global Network Function Virtualization (NFV) Market By Orchestration and Automation, Market Forecast (2016-2028) (US $MN)
Table 21 Global Network Function Virtualization (NFV) Market By Solutions, Market Forecast (2016-2028) (US $MN)
Table 22 Global Network Function Virtualization (NFV) Market By Software, Market Forecast (2016-2028) (US $MN)
Table 23 Global Network Function Virtualization (NFV) Market By Hardware, Market Forecast (2016-2028) (US $MN)
Table 24 Global Network Function Virtualization (NFV) Market By Professional Services, Market Forecast (2016-2028) (US $MN)
Table 25 Global Network Function Virtualization (NFV) Market By Implementation, Market Forecast (2016-2028) (US $MN)
Table 26 Global Network Function Virtualization (NFV) Market By Integration and maintenance, Market Forecast (2016-2028) (US $MN)
Table 27 Global Network Function Virtualization (NFV) Market By Managed service, Market Forecast (2016-2028) (US $MN)
Table 28 Global Network Function Virtualization (NFV) Market By Training and Consulting, Market Forecast (2016-2028) (US $MN)
Table 29 Global Network Function Virtualization (NFV) Market By Training and Support, Market Forecast (2016-2028) (US $MN)
Table 30 Global Network Function Virtualization (NFV) Market By Product, Market Forecast (2016-2028) (US $MN)
Table 31 Global Network Function Virtualization (NFV) Market By Domain Name Service (DNS), Market Forecast (2016-2028) (US $MN)
Table 32 Global Network Function Virtualization (NFV) Market By Firewalls, Market Forecast (2016-2028) (US $MN)
Table 33 Global Network Function Virtualization (NFV) Market By Intrusion Detection, Market Forecast (2016-2028) (US $MN)
Table 34 Global Network Function Virtualization (NFV) Market By Network Address Translation (NAT), Market Forecast (2016-2028) (US $MN)
Table 35 Global Network Function Virtualization (NFV) Market By Other Products, Market Forecast (2016-2028) (US $MN)
Table 36 Global Network Function Virtualization (NFV) Market By Application, Market Forecast (2016-2028) (US $MN)
Table 37 Global Network Function Virtualization (NFV) Market By Core Network, Market Forecast (2016-2028) (US $MN)
Table 38 Global Network Function Virtualization (NFV) Market By Virtualized Radio Access Network, Market Forecast (2016-2028) (US $MN)
Table 39 Global Network Function Virtualization (NFV) Market By Virtualized Evolved Packet Core, Market Forecast (2016-2028) (US $MN)
Table 40 Global Network Function Virtualization (NFV) Market By Virtual Internet Protocol Multimedia Subsystem, Market Forecast (2016-2028) (US $MN)
Table 41 Global Network Function Virtualization (NFV) Market By Mobile Edge Computing, Market Forecast (2016-2028) (US $MN)
Table 42 Global Network Function Virtualization (NFV) Market By Next Generation Signaling, Market Forecast (2016-2028) (US $MN)
Table 43 Global Network Function Virtualization (NFV) Market By Security Function, Market Forecast (2016-2028) (US $MN)
Table 44 Global Network Function Virtualization (NFV) Market By Service Assurance, Market Forecast (2016-2028) (US $MN)
Table 45 Global Network Function Virtualization (NFV) Market By Switching Elements (Routers), Market Forecast (2016-2028) (US $MN)
Table 46 Global Network Function Virtualization (NFV) Market By Traffic Analysis, Market Forecast (2016-2028) (US $MN)
Table 47 Global Network Function Virtualization (NFV) Market By Virtual Appliance, Market Forecast (2016-2028) (US $MN)
Table 48 Global Network Function Virtualization (NFV) Market By End User , Market Forecast (2016-2028) (US $MN)
Table 49 Global Network Function Virtualization (NFV) Market By Data Centers, Market Forecast (2016-2028) (US $MN)
Table 50 Global Network Function Virtualization (NFV) Market By Service Providers, Market Forecast (2016-2028) (US $MN)
Table 51 Global Network Function Virtualization (NFV) Market By IT &Telecom Operators, Market Forecast (2016-2028) (US $MN)
Table 52 Global Network Function Virtualization (NFV) Market By Network Service Providers, Market Forecast (2016-2028) (US $MN)
Table 53 Global Network Function Virtualization (NFV) Market By Enterprises, Market Forecast (2016-2028) (US $MN)
Table 54 Global Network Function Virtualization (NFV) Market By Banking, Financial Services, and Insurance, Market Forecast (2016-2028) (US $MN)
Table 55 Global Network Function Virtualization (NFV) Market By Education, Market Forecast (2016-2028) (US $MN)
Table 56 Global Network Function Virtualization (NFV) Market By Government and Defense, Market Forecast (2016-2028) (US $MN)
Table 57 Global Network Function Virtualization (NFV) Market By Healthcare, Market Forecast (2016-2028) (US $MN)
Table 58 Global Network Function Virtualization (NFV) Market By Manufacturing, Market Forecast (2016-2028) (US $MN)
Table 59 Global Network Function Virtualization (NFV) Market By Retail & consumer goods, Market Forecast (2016-2028) (US $MN)
Table 60 Global Network Function Virtualization (NFV) Market By Other Enterprises, Market Forecast (2016-2028) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are represented in the same manner above.

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