Worldwide Telecom Virtual Network Functions Forecast, 2018–2022

Worldwide Telecom Virtual Network Functions Forecast, 2018–2022

This IDC study presents the worldwide market forecast for telecom virtual network functions for 2018–2022."Communications service providers globally recognize the need to digitally transform their network infrastructure and build more customer-centric business models. Embracing software-defined networking (SDN) principles and deploying network functions in virtualized (NFV) form factors are a strategic necessity not only for carriers as they invest in their future but also for vendors supplying those solutions to the market," says Rajesh Ghai, research director, Carrier Network Infrastructure research at IDC. "This research document is IDC's first effort to size and forecast the market for virtual network functions (VNFs) across all carrier network infrastructure domains."