Global Network Function Virtualization Market 2023-2027

Description

List of Tables

The network function virtualization market is forecasted to grow by USD 49.79 bn during 2022-2027, accelerating at a CAGR of 24.39% during the forecast period. The report on the network function virtualization market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advances in network infrastructure, increase in number of smart-connected devices, and high penetration of wireless network infrastructure.

Technavio's network function virtualization market is segmented as below:

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	22.96%
CAGR	24.39%
Incremental Value	$49.79bn

By Component

Solutions
Services

By End-user

IT and telecom
BFSI
Government
Others

By Geography

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the increasing acceptance of cloud computing as one of the prime reasons driving the network function virtualization market growth during the next few years. Also, rising adoption of BYOD and introduction of next-generation networks will lead to sizable demand in the market.

The report on the network function virtualization market covers the following areas:

Network function virtualization market sizing
Network function virtualization market forecast
Network function virtualization market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading network function virtualization market vendors that include 6WIND, A10 Networks Inc., Access Co. Ltd., Ciena Corp., Cisco Systems Inc., Cloud Software Group Inc., Dell Technologies Inc., Fortinet Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Intel Corp., International Business Machines Corp., Juniper Networks Inc., Nokia Corp., Oracle Corp., Radware Ltd., Sandvine Corp., Telefonaktiebolaget LM Ericsson, and Ekinops SA. Also, the network function virtualization market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR72019

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Component
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global network function virtualization market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global network function virtualization market 2017 - 2021 ($ billion)
4.2 Component Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Component Segment 2017 - 2021 ($ billion)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - End-user Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Component

6.1 Market segments
Exhibit 30: Chart on Component - Market share 2022-2027 (%)
Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
6.2 Comparison by Component
Exhibit 32: Chart on Comparison by Component
Exhibit 33: Data Table on Comparison by Component
6.3 Solutions - Market size and forecast 2022-2027
Exhibit 34: Chart on Solutions - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Solutions - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Solutions - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Solutions - Year-over-year growth 2022-2027 (%)
6.4 Services - Market size and forecast 2022-2027
Exhibit 38: Chart on Services - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Services - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Services - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Services - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Component
Exhibit 42: Market opportunity by Component ($ billion)
Exhibit 43: Data Table on Market opportunity by Component ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 46: Chart on Comparison by End-user
Exhibit 47: Data Table on Comparison by End-user
7.3 IT and telecom - Market size and forecast 2022-2027
Exhibit 48: Chart on IT and telecom - Market size and forecast 2022-2027 ($ billion)
Exhibit 49: Data Table on IT and telecom - Market size and forecast 2022-2027 ($ billion)
Exhibit 50: Chart on IT and telecom - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on IT and telecom - Year-over-year growth 2022-2027 (%)
7.4 BFSI - Market size and forecast 2022-2027
Exhibit 52: Chart on BFSI - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Data Table on BFSI - Market size and forecast 2022-2027 ($ billion)
Exhibit 54: Chart on BFSI - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on BFSI - Year-over-year growth 2022-2027 (%)
7.5 Government - Market size and forecast 2022-2027
Exhibit 56: Chart on Government - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Data Table on Government - Market size and forecast 2022-2027 ($ billion)
Exhibit 58: Chart on Government - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Government - Year-over-year growth 2022-2027 (%)
7.6 Others - Market size and forecast 2022-2027
Exhibit 60: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 62: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by End-user
Exhibit 64: Market opportunity by End-user ($ billion)
Exhibit 65: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share by geography 2022-2027 (%)
Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 Canada - Market size and forecast 2022-2027
Exhibit 103: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
Exhibit 104: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
Exhibit 105: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 111: Market opportunity by geography ($ billion)
Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 6WIND
Exhibit 119: 6WIND - Overview
Exhibit 120: 6WIND - Product / Service
Exhibit 121: 6WIND - Key offerings
12.4 A10 Networks Inc.
Exhibit 122: A10 Networks Inc. - Overview
Exhibit 123: A10 Networks Inc. - Product / Service
Exhibit 124: A10 Networks Inc. - Key offerings
12.5 Ciena Corp.
Exhibit 125: Ciena Corp. - Overview
Exhibit 126: Ciena Corp. - Business segments
Exhibit 127: Ciena Corp. - Key offerings
Exhibit 128: Ciena Corp. - Segment focus
12.6 Cisco Systems Inc.
Exhibit 129: Cisco Systems Inc. - Overview
Exhibit 130: Cisco Systems Inc. - Business segments
Exhibit 131: Cisco Systems Inc. - Key news
Exhibit 132: Cisco Systems Inc. - Key offerings
Exhibit 133: Cisco Systems Inc. - Segment focus
12.7 Cloud Software Group Inc.
Exhibit 134: Cloud Software Group Inc. - Overview
Exhibit 135: Cloud Software Group Inc. - Product / Service
Exhibit 136: Cloud Software Group Inc. - Key offerings
12.8 Dell Technologies Inc.
Exhibit 137: Dell Technologies Inc. - Overview
Exhibit 138: Dell Technologies Inc. - Business segments
Exhibit 139: Dell Technologies Inc. - Key news
Exhibit 140: Dell Technologies Inc. - Key offerings
Exhibit 141: Dell Technologies Inc. - Segment focus
12.9 Fortinet Inc.
Exhibit 142: Fortinet Inc. - Overview
Exhibit 143: Fortinet Inc. - Product / Service
Exhibit 144: Fortinet Inc. - Key offerings
12.10 Fujitsu Ltd.
Exhibit 145: Fujitsu Ltd. - Overview
Exhibit 146: Fujitsu Ltd. - Business segments
Exhibit 147: Fujitsu Ltd. - Key news
Exhibit 148: Fujitsu Ltd. - Key offerings
Exhibit 149: Fujitsu Ltd. - Segment focus
12.11 Hewlett Packard Enterprise Co.
Exhibit 150: Hewlett Packard Enterprise Co. - Overview
Exhibit 151: Hewlett Packard Enterprise Co. - Business segments
Exhibit 152: Hewlett Packard Enterprise Co. - Key news
Exhibit 153: Hewlett Packard Enterprise Co. - Key offerings
Exhibit 154: Hewlett Packard Enterprise Co. - Segment focus
12.12 Huawei Technologies Co. Ltd.
Exhibit 155: Huawei Technologies Co. Ltd. - Overview
Exhibit 156: Huawei Technologies Co. Ltd. - Business segments
Exhibit 157: Huawei Technologies Co. Ltd. - Key news
Exhibit 158: Huawei Technologies Co. Ltd. - Key offerings
Exhibit 159: Huawei Technologies Co. Ltd. - Segment focus
12.13 Intel Corp.
Exhibit 160: Intel Corp. - Overview
Exhibit 161: Intel Corp. - Business segments
Exhibit 162: Intel Corp. - Key news
Exhibit 163: Intel Corp. - Key offerings
Exhibit 164: Intel Corp. - Segment focus
12.14 International Business Machines Corp.
Exhibit 165: International Business Machines Corp. - Overview
Exhibit 166: International Business Machines Corp. - Business segments
Exhibit 167: International Business Machines Corp. - Key news
Exhibit 168: International Business Machines Corp. - Key offerings
Exhibit 169: International Business Machines Corp. - Segment focus
12.15 Nokia Corp.
Exhibit 170: Nokia Corp. - Overview
Exhibit 171: Nokia Corp. - Business segments
Exhibit 172: Nokia Corp. - Key offerings
Exhibit 173: Nokia Corp. - Segment focus
12.16 Oracle Corp.
Exhibit 174: Oracle Corp. - Overview
Exhibit 175: Oracle Corp. - Business segments
Exhibit 176: Oracle Corp. - Key news
Exhibit 177: Oracle Corp. - Key offerings
Exhibit 178: Oracle Corp. - Segment focus
12.17 Telefonaktiebolaget LM Ericsson
Exhibit 179: Telefonaktiebolaget LM Ericsson - Overview
Exhibit 180: Telefonaktiebolaget LM Ericsson - Business segments
Exhibit 181: Telefonaktiebolaget LM Ericsson - Key news
Exhibit 182: Telefonaktiebolaget LM Ericsson - Key offerings
Exhibit 183: Telefonaktiebolaget LM Ericsson - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 184: Inclusions checklist
Exhibit 185: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 186: Currency conversion rates for US$
13.4 Research methodology
Exhibit 187: Research methodology
Exhibit 188: Validation techniques employed for market sizing
Exhibit 189: Information sources
13.5 List of abbreviations
Exhibit 190: List of abbreviations