Global Network Function Virtualization Service Market Growth (Status and Outlook) 2025-2031

According to this study, the global Network Function Virtualization Service market size will reach US$ 328 million by 2031.

Network Function Virtualization (NFV) is a technology that decouples network functions (such as firewalls, routers, load balancers, etc.) in traditional network devices from dedicated hardware and deploys them on general-purpose servers in the form of software. Its core is to use virtualization technology to transform network functions into software modules, and realize dynamic deployment, flexible adjustment and elastic expansion on standard hardware, thereby improving network resource utilization, reducing operating costs, and enhancing network flexibility and manageability.

United States market for Network Function Virtualization Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Network Function Virtualization Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Network Function Virtualization Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Network Function Virtualization Service players cover Aziro, Cisco Systems, Ribbon Communications, Hillstone Networks, Ericsson, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Network Function Virtualization Service Industry Forecast” looks at past sales and reviews total world Network Function Virtualization Service sales in 2024, providing a comprehensive analysis by region and market sector of projected Network Function Virtualization Service sales for 2025 through 2031. With Network Function Virtualization Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Network Function Virtualization Service industry.

This Insight Report provides a comprehensive analysis of the global Network Function Virtualization Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Network Function Virtualization Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Network Function Virtualization Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Network Function Virtualization Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Network Function Virtualization Service.

This report presents a comprehensive overview, market shares, and growth opportunities of Network Function Virtualization Service market by product type, application, key players and key regions and countries.

Segmentation by Type:
Core Network Virtualization
Edge Computing Virtualization
Data Center Network Virtualization
Others

Segmentation by Application:
Telecom Operator Network
Cloud Service Provider
Enterprise Network
5G Network
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aziro
Cisco Systems
Ribbon Communications
Hillstone Networks
Ericsson
Huawei
Juniper Networks
Amdocs
Netcracker Technology
Nefeli Networks
Zeetta
InManta
netElastic Systems
AT&T Business
AudioCodes
Virtusa
Matellio
Calsoft Inc

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