Worldwide Software-Defined and Virtualized Network Functions (Compute and Storage) Infrastructure Forecast, 2019–2023

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 "Some have claimed that network virtualization is dead and has been replaced by cloud; nothing could be further from the truth," said Kuba Stolarski, research director for IDC's Infrastructure Systems, Platforms and Technologies practice.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.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Software Innovation Drives Shift Toward Industry-Standard COTS Hardware
5G and Other Future Network Technologies Drive Infrastructure Investments
Inhibitors
Install Base Stickiness
Macroeconomic Slowdown
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

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