Growth in IoT Will Drive Network Function Virtualization (NFV) Market in Near Future

NFV refers to the combination of hardware and software network features in a single virtual network. The concept was initiated by service operators in order to accelerate the deployment of new services, operation, and maintenance of a network. NFV can catalyze significant changes in networks, their implementation, and their operations. NFV solutions are embraced by several service providers worldwide. These solutions project a promising future by optimizing network operations and benefiting the service providers in terms of ROI.

Technavios analysts forecast the global NFV market to grow at a CAGR of 32.88% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global NFV market for 2016-2020. To calculate the market size, the report considers the revenue obtained from components such as NFV virtualization software and NFV IT infrastructure and services.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global NFV Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Brocade Communication Systems
Cisco
Ericsson
Juniper Networks
Hewlett Packard Enterprise (HPE)
Huawei Technologies
Nokia
VMware

Other prominent vendors
6WIND
A10 Networks
Affirmed Networks
Allot Communications
Amdocs
ASTRI
Broadcom
Canonical's Ubuntu
Ciena (Blue Planet)
Citrix
Dell
F5 Networks
Fortinet
Fujitsu
GENBAND
Intel
IP Infusion
Ixia
Metaswitch Networks
Mirantis
NEC and Netcracker
NFWare
OneAccess Networks
Oracle
PacketLogic
Palo Alto Networks
PLUMgrid
Quali Systems
Radware
Red Hat
Sonus Networks
Telco Systems
Trend Micro
VeloCloud
Wind River
ZTE

Market driver
Growth in IoT
For a full, detailed list, view our report

Market challenge
Need to identify use-cases
For a full, detailed list, view our report

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Market trend
Increased involvement in open platforms
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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