Need help finding what you are looking for?
Contact Us
PUBLISHER: Grand View Research | PRODUCT CODE: 1268807
PUBLISHER: Grand View Research | PRODUCT CODE: 1268807
Virtual Networking Market Size, Share & Trends Analysis Report By Component (Hardware, Software), By Deployment, By Enterprise Size, By Application, By Region, And Segment Forecasts, 2023 - 2030
PUBLISHED:
PAGES: 115 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
Virtual Networking Market Growth & Trends:
The global virtual networking market size is expected to reach USD 194.63 billion by 2030, registering a CAGR of 25.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. Factors such as the growing adoption of Internet-of-Things (IoT) devices, the need for improved network security, the growing adoption of cloud computing, and the rising demand for remote working are the major factors driving the market growth. As more businesses move their applications and infrastructure to the cloud, there is a growing need for virtual networking solutions that can provide secure, high-performance connectivity between different cloud environments.
Integration of virtual switches with Software-defined Networking (SDN) controllers are also expected to drive the demand for the Virtual Networking Market growth. Virtual switches are increasingly being integrated with SDN controllers, which provide centralized management and control of the network infrastructure. This allows for greater flexibility and agility in managing virtual networks and can simplify the deployment of network services such as firewalls, load balancers, and intrusion detection/prevention systems. At the same time, virtual switches are being integrated with cloud orchestration platforms such as Kubernetes and OpenStack, which allow for automated provisioning and management of virtual networks.
Cloud computing and virtual networking solutions are closely interconnected, as virtual networking is an essential component of cloud infrastructure. Cloud computing with virtual networking solutions allows businesses to create a flexible and scalable network infrastructure that can meet the needs of modern applications and workloads. In cloud computing, virtual networking solutions can provide improved performance, reliability, and cost savings compared to traditional networking solutions. By leveraging virtual networking solutions in the cloud, businesses can achieve greater efficiency, agility, and scalability in their IT operations, while also improving security and reducing costs associated with hardware and maintenance.
The outbreak of the COVID-19 pandemic had a positive impact on the market. The COVID-19 pandemic has had a significant impact on the adoption and usage of virtual networking solutions, as more businesses and individuals work remotely and rely on cloud-based services. With remote work becoming more prevalent, there is greater emphasis on data security and privacy, driving demand for virtual networking solutions that can provide advanced security features such as encryption, access control, and intrusion detection/prevention. Such factors are anticipated to create more demand for the market over the coming years.
Virtual Networking Market Report Highlights:
- The software segment dominated the market in 2022 owing to their heir ability to increase scalability, resilience, and portability of applications. With the increasing prevalence of cyber-attacks, software solutions are focusing on integrating security features throughout the development lifecycle to protect against threats
- The cloud segment dominated the market in 2022. Cloud solution providers are increasingly offering virtual networking services as part of their cloud solutions, allowing customers to create and manage their own virtual networks within the cloud environment
- The large enterprises segment dominated the market in 2022. By virtualizing network resources, large enterprises can reduce hardware and operational costs, as they no longer need to invest in expensive physical network infrastructure
- The IT & Telecommunication segment dominated the market in 2022. Virtual networking solutions are enabling IT and telecommunications companies to provide connectivity between different cloud environments, allowing customers to use multiple clouds while maintaining a consistent network experience
- North America dominated the regional market in 2022. The rising adoption of cloud computing across the region is anticipated to significantly contribute in driving the regional market growth
Product Code: GVR-4-68040-053-8
Table of Content
Chapter 1 Methodology And Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information Procurement
- 1.4 Information Analysis
- 1.4.1 Market Formulation & Data Visualization
- 1.4.2 Data Validation & Publishing
- 1.5 Research Scope And Assumptions
- 1.6 List To Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Virtual Networking Market Variables And Trends
- 3.1 Market Lineage Outlook
- 3.2 Industry Value Chain Analysis
- 3.2.1 Raw Material Outlook
- 3.2.2 Manufacturing & Technology Trends
- 3.3 Market Dynamics
- 3.3.1 Market Driver Impact Analysis
- 3.3.1.1 Increasing Adoption Of Cloud Computing
- 3.3.1.2 Rising Adoption Of Smart Home And Iot Devices:
- 3.3.2 Market Challenge Impact Analysis
- 3.3.2.1 Higher Security Concerns
- 3.3.3 Market Opportunity Impact Analysis
- 3.3.3.1 Integration Of Cloud And Managed VPN To Create Opportunities
- 3.3.1 Market Driver Impact Analysis
- 3.4 Impact Of COVID-19 Pandemic
- 3.5 Industry Analysis Tools
- 3.5.1 Porter's Analysis
- 3.5.2 PESTEL Analysis
Chapter 4 Virtual Networking Market: Component Estimates & Trend Analysis
- 4.1 Component Movement Analysis & Market Share, 2022 & 2030
- 4.2 Virtual Networking Market Estimates & Forecast, By Component
- 4.2.1 Hardware
- 4.2.2 Software
- 4.2.3 Services
Chapter 5 Virtual Networking Market: Deployment Estimates & Trend Analysis
- 5.1 Deployment Movement Analysis & Market Share, 2022 & 2030
- 5.2 Virtual Networking Market Estimates & Forecast, By Deployment
- 5.2.1 On-Premise
- 5.2.2 Cloud
Chapter 6 Virtual Networking Market: Enterprise Size Estimates & Trend Analysis
- 6.1 Enterprise Size Movement Analysis & Market Share, 2022 & 2030
- 6.2 Virtual Networking Market Estimates & Forecast, By Enterprise Size
- 6.2.1 Large Enterprises
- 6.2.2 Small & Medium Enterprises
Chapter 7 Virtual Networking Market: Application Estimates & Trend Analysis
- 7.1 Application Movement Analysis & Market Share, 2022 & 2030
- 7.2 Virtual Networking Market Estimates & Forecast, By Application
- 7.2.1 BFSI
- 7.2.2 Public Sector
- 7.2.3 Manufacturing
- 7.2.4 Hospitality
- 7.2.5 IT And Telecommunication
- 7.2.6 Healthcare
- 7.2.7 Others
Chapter 8 Virtual Networking Market: Regional Estimates & Trend Analysis
- 8.1 Virtual Networking Market: Regional Outlook
- 8.2 North America
- 8.2.1 North America Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.2.2 U.S.
- 8.2.2.1 U.S. Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.2.3 Canada
- 8.2.3.1 Canada Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.3 Europe
- 8.3.1 Europe Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.3.2 U.K.
- 8.3.2.1 U.K. Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.3.3 Germany
- 8.3.3.1 Germany Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.3.4 France
- 8.3.4.1 France Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.4.2 China
- 8.4.2.1 China Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.4.3 India
- 8.4.3.1 India Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.4.4 Japan
- 8.4.4.1 Japan Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.4.5 South Korea
- 8.4.5.1 South Korea Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.4.6 Australia
- 8.4.6.1 Australia Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.5 Latin America
- 8.5.1 Latin America Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.5.2 Brazil
- 8.5.2.1 Brazil Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.5.3 Mexico
- 8.5.3.1 Mexico Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.6 MEA
- 8.6.1 MEA Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.6.2 Kingdom Of Saudi Arabia (KSA)
- 8.6.2.1 Kingdom Of Saudi Arabia (KSA) Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.6.3 UAE
- 8.6.3.1 UAE Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
- 8.6.4 South Africa
- 8.6.4.1 South Africa Virtual Networking Market Estimates & Forecasts, 2017 - 2030 (USD Million)
Chapter 9 Virtual Networking Market - Competitive Landscape
- 9.1 Company Categorization
- 9.2 Participant's Overview
- Huawei Technologies Co., Ltd.
- Hewlett Packard Enterprise Development LP
- Vmware, Inc.
- Cisco Systems, Inc
- Microsoft Corporation
- IBM Corporation
- Citrix Systems, Inc.
- Juniper Networks, Inc.
- Oracle
- Verizon Communications Inc
- 9.3 Financial Performance
- 9.4 Product Benchmarking
- 9.5 Company Market Positioning
- 9.6 Company Market Share Analysis, 2022
- 9.7 Company Heat Map Analysis
- 9.8 Strategy Mapping
- 9.8.1 Expansion
- 9.8.2 Collaborations
- 9.8.3 New Product Launches
Product Code: GVR-4-68040-053-8
List of Tables
- Table 1. Global Virtual Networking Market, by Component, 2017 - 2030 (USD Million)
- Table 2. Global Virtual Networking Market, by Deployment, 2017 - 2030 (USD Million)
- Table 3. Global Virtual Networking Market, by Enteprise Size, 2017 - 2030 (USD Million)
- Table 4. Global Virtual Networking Market, by Application, 2017 - 2030 (USD Million)
- Table 5. Company Market Share, 2022
- Table 6. Company Heat Map Analysis
- Table 7. Key companies undergoing expansions
- Table 8. Key companies undergoing collaborations
- Table 9. Key companies undergoing new product launches
List of Figures
- Fig. 1 Virtual Networking Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Valudation
- Fig. 5 Data Validating & Publishing
- Fig. 6.Market Snapshot
- Fig. 7 Segment Snapshot
- Fig. 8 Competitive Landscape Snapshot
- Fig. 9 Parent Market Value, 2022 (USD Billion)
- Fig. 10 Virtual Networking Market -Industry Value Chain Analysis
- Fig. 11 Virtual Networking Market Dynamics
- Fig. 12 Virtual Networking Market : PORTER's Analysis
- Fig. 13 Virtual Networking Market : PESTEL Analysis
- Fig. 14 Virtual Networking Market , by Component: Key Takeaways
- Fig. 15 Virtual Networking Market , by Component: Market Share, 2022 & 2030
- Fig. 16 Virtual Networking Market estimates & forecasts, by Hardware, 2017 - 2030 (USD Million)
- Fig. 17 Virtual Networking Market estimates & forecasts, by Software, 2017 - 2030 (USD Million)
- Fig. 18 Virtual Networking Market estimates & forecasts, by Services, 2017 - 2030 (USD Million)
- Fig. 19 Virtual Networking Market , by Deployment: Key Takeaways
- Fig. 20 Virtual Networking Market , by Deployment: Market Share, 2022 & 2030
- Fig. 21 Virtual Networking Market estimates & forecasts, by on-premise, 2017 - 2030 (USD Million)
- Fig. 22 Virtual Networking Market estimates & forecasts, by cloud, 2017 - 2030 (USD Million)
- Fig. 23 Virtual Networking Market , by Enterprise Size, Key Takeaways
- Fig. 24 Virtual Networking Market , by Enterprise Size, Market Share, 2022 & 2030
- Fig. 25 Virtual Networking Market estimates & forecasts, by large enterprises, 2017 - 2030 (USD Million)
- Fig. 26 Virtual Networking Market estimates & forecasts, by small & medium enterprises, 2017 - 2030 (USD Million)
- Fig. 27 Virtual Networking Market , by Application, Key Takeaways
- Fig. 28 Virtual Networking Market , by Application, Market Share, 2022 & 2030
- Fig. 29 Virtual Networking Market estimates & forecasts, by BFSI, 2017 - 2030 (USD Million)
- Fig. 30 Virtual Networking Market estimates & forecasts, by public sector, 2017 - 2030 (USD Million)
- Fig. 31 Virtual Networking Market estimates & forecasts, by manufacturing, 2017 - 2030 (USD Million)
- Fig. 33 Virtual Networking Market estimates & forecasts, by hospitality, 2017 - 2030 (USD Million)
- Fig. 34 Virtual Networking Market estimates & forecasts, by IT & telecom, 2017 - 2030 (USD Million)
- Fig. 35 Virtual Networking Market estimates & forecasts, by healthcare, 2017 - 2030 (USD Million)
- Fig. 36 Virtual Networking Market estimates & forecasts, by others, 2017 - 2030 (USD Million)
- Fig. 37 Virtual Networking Market revenue, by region, 2022 & 2030, (USD Million)
- Fig. 38 Regional marketplace: Key Takeways
- Fig. 39. North America Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 40 U.S. Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 41 Canada Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 42 Europe Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 43 U.K. Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 44 Germany Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 45 France Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 46 Asia Pacific Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 47 China Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 48 India Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 49 Japan Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 50 South Korea Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 51 Australia Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 52 Latin America Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 53 Brazil Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 54 Mexico Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 55 MEA Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 56 Kingdom of Saudi Arabia Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 57 UAE Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 58 South Africa Virtual Networking Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 59 Key Company Categorization
- Fig. 60 Company Market Positioning
- Fig. 61 Company Market Share Analysis, 2022
- Fig. 62 Strategic framework
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.