Worldwide Software-Defined and Virtualized Network Functions (Compute and Storage) Infrastructure Forecast, 2019–2023
This IDC study provides a size and forecast for the worldwide software-defined and virtualized network functions infrastructure market for the 2019-2023 period, specifically for compute and storage platforms. IDC estimates that this market — which consists of compute and storage infrastructure (hardware and software) — will reach $14.7 billion in 2023 and will grow at a CAGR of 10.9%. "Some have claimed that network virtualization is dead and has been replaced by cloud; nothing could be further from the truth," said Kuba Stolarski, research director for IDC's Infrastructure Systems, Platforms and Technologies practice. "Instead, software-defined and virtualized network functions have evolved into mainstream cloud infrastructure options across the entire spectrum of enterprise and service provider infrastructure."
Please Note: Extended description available upon request.
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