Global Network Function Virtualization Market

Global Network
Share, Global Trends,
Analysis, Research, Report,
Segmentation and Forecast,
2014 – 2020
Future Market Insights
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Report Description
Network function virtualization (NFV) is the combination of software and hardware network
featured in a virtual network. The service was initiated by service operators in order to increase
the deployment of new operations, maintenance and service of networks. Network function
virtualization catalyzes the major changes in implementation of network and their operations.
The solution offered by network function virtualization projects a prominent future by
optimizing the network operations and benefitting the service providers across the globe.
Network function virtualization involves implementation of network functions in software
suitable for different hardware and that can be moved to various locations without any need of
installation of new equipments.
The primary goals of network function virtualization are to reduce power consumption and
reduce equipment cost, facilitate the accessibility of several applications on one single network
appliances with multi tenancy and multi version capabilities. Network function virtualization
reduces capital expenditure (CAPEX) and operational expenditure (OPEX). These networks
support a dynamic ecosystem through the development and utilization of software solutions. All
the benefits of FV are derived from use commercial off the shelf (COTS) hardware that can be
purposed and repurposed for multiple telecom related services that currently use proprietary
hardware. Network function virtualization adopts the concept of virtualization and providing the
benefit to telecommunication application infrastructure. Network function visualization supports
software defining network (SDN) by providing the infrastructure upon which SDN software can
be run.
Report Description
The market for network function virtualization is driven by several factors including increase in
demand for data intensive applications and need of cloud based services. Over the past few
years the mobile industry has witnessed exceptional demand for data intensive applications
which further demands for enhanced network capacity to match the user requirement. The
growth of market is hindered by factors such as delay in adoption of technology. Due to nascent
stage of optimization solution, vendors need more opportunities to accomplish more target
customers. One of the major trends in network function virtualization market is the increasing
demand for virtual server access ports. The network function virtualization market across the
globe is expected to show a substantial growth with a double digit increase in CAGR by the year
2019. The global market shows immense potential because of the presence of certain trends
and due to the cost benefits and high flexibility provided by b the network solutions.
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The market for network function virtualization is segmented on the basis of applications and
geography. On the basis of application the market for network function virtualization can be
segmented into switching elements (Routers), traffic analysis, service assurance, next generation
signaling, security function and others. The geographical analysis of the market is done on the
basis of North America, Europe, Asia Pacific and Rest of World.
Report Description
Some of the major players in the market include Ericsson AB, Alcatel-Lucent SA, Huawei
technologies Co. Ltd., 6Wind SA, Nokia Solutions and Network, Amdocs Inc., Connectem Inc.,
CIMI Corporation, ContexXtream Inc., Intel Corporation, F5 Network Inc., Juniper Network Inc.,
Open Wave Mobility Inc., NEC Inc., Oracle Corporation and Opera Software Asa among others.
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