The global network function virtualization market is segmented on the basis of component, application, and region. On the basis of component, it is divided into software and infrastructure & services. The application segment is categorized into switching elements (routers), service assurance, next-generation signaling, security function, and others.
Increase in deployment of virtualized software among enterprise data centers, including internet service providers (ISP) and cloud service providers (CSP), drives the network function virtualization market growth. However, delay in adoption of this technology hampers this market. Furthermore, Rise in demand for data-intensive applications and the need for cloud-based services are expected to present major opportunities for market expansion.
Key players operating in this market include Ericsson AB, Hewlett Packard Enterprise, VMware Inc., Nokia Corporation, Huawei Technologies, 6WIND, A10 Networks, Affirmed Networks, Allot Communications, and Amdocs.
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Segmental analysis of the market is provided in both qualitative and quantitative aspects. This aids the clients in identifying the most lucrative segment to go on with investments, on the basis of a complete backend analysis concerning the segmental presentation, coupled with brief salutation of the operating organizations and their important developmental activities.
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