NFV Infrastructure Market Scope
NFV Infrastructure (NFVI) is a key component of the network functions virtualization (NFV) architecture that describes the hardware and software components on which virtual networks are built. NFV defines standards for compute, storage, and networking resources that can be used to build virtualized network functions. NVFI is based on widely available and low-cost, standardized computing components. NFVI include virtualized load balancers, firewalls, intrusion detection devices and WAN accelerators as hardware parts.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Brocade Communication Systems (United States), Cisco Systems, Inc. (United States), Ericsson (Sweden), Juniper Networks (United States), Pluribus Networks Inc., Hewlett Packard Enterprise (HPE), Huawei Technologies (United States), Nokia (Finland), VMware (United States) and Big Switch Networks, Inc. (United States) |
CAGR | % |
The global market for FV infrastructure is fragmented. Companies operating in the NFV market are adopting product development strategies to cater the needs of various customers and to target untapped markets. Employment of virtualization technologies integrating hardware & software network resources minimizing operational costs is the trend and area should be focused upon for market growth. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global NFV Infrastructure market throughout the predicted period.
Brocade Communication Systems (United States), Cisco Systems, Inc. (United States), Ericsson (Sweden), Juniper Networks (United States), Pluribus Networks Inc., Hewlett Packard Enterprise (HPE), Huawei Technologies (United States), Nokia (Finland), VMware (United States) and Big Switch Networks, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Ciena Corporation (United States), Intel Corporation (United States), NEC Corporation (United States) and Pica8, Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global NFV Infrastructure market by Type , by Application (IT & Telecommunication, Security & Surveillance, Industrial, Military & Defense and Others) and Region with country level break-up.
On the basis of geography, the market of NFV Infrastructure has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2022.
In 2020, the Linux Foundation’s Open Platform for Network Functions Virtualization (OPNFV) and the user group Cloud Infrastructure Telco Taskforce (CNTT) are merged to form a project called Anuket. This project will rapidly monitor and develop the telco industry’s deployment of NFVIs which can offer an optimized platform for any network function.
Influencing Trend:
Advancement in Technologies and Integration of Artificial Intelligence with Infrastructure
Market Growth Drivers:
The NFV Infrastructure (NFVI) Market Increasing Complexity and Varied Traffic Pattern and Surge In Demand for Cloud Services, Data Center Consolidation, and Server Virtualization
Challenges:
Implementation of Conventional Methods
Restraints:
Governance and Security Concerns Among Telecom Organizations
Opportunities:
Implementation of Virtualization Technology to Enhance 5G Network’s Functionality
Key Target Audience
NFV Infrastructure Provider, Software Developer, Research Institutes, End-User Industry and Others