Network Functions Virtualization Market

Network Functions Virtualization Market - Global Size & Outlook 2024-2030

Global Network Functions Virtualization is segmented by Application (Telecommunications, Cloud networking, Data centers, Enterprise networking, 5G network deployment), Type (SDN-based network functions, NFV for data centers, Virtualized network infrastructure, Security function virtualization, Virtualized WAN) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

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INDUSTRY OVERVIEW

The Network Functions Virtualization market is experiencing robust growth, projected to achieve a compound annual growth rate CAGR of 19.50% during the forecast period. Valued at 13Billion, the market is expected to reach 40Billion by 2030, with a year-on-year growth rate of 20.10%. This upward trajectory is driven by factors such as evolving consumer preferences, technological advancements, and increased investment in innovation, positioning the market for significant expansion in the coming years. Companies should strategically focus on enhancing their offerings and exploring new market opportunities to capitalize on this growth potential.

Network Functions Virtualization Market Size in (USD Billion) CAGR Growth Rate 19.50%

Study Period 2024-2030
Market Size (2019): 13Billion
Market Size (2030): 40Billion
CAGR (2019 - 2030): 19.50%
Fastest Growing Region Asia-Pacific
Dominating Region North America
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Network Functions Virtualization (NFV) involves the decoupling of network functions from hardware and their implementation in software. It helps increase network agility, scalability, and cost efficiency.



Regulatory Framework

The Information and Communications Technology (ICT) industry is primarily regulated by the Federal Communications Commission (FCC) in the United States, along with other national and international regulatory bodies. The FCC oversees the allocation of spectrum, ensures compliance with telecommunications laws, and fosters fair competition within the sector. It also establishes guidelines for data privacy, cybersecurity, and service accessibility, which are crucial for maintaining industry standards and protecting consumer interests.
Globally, various regulatory agencies, such as the European Telecommunications Standards Institute (ETSI) and the International Telecommunication Union (ITU), play significant roles in standardizing practices and facilitating international cooperation. These bodies work together to create a cohesive regulatory framework that addresses emerging technologies, cross-border data flow, and infrastructure development. Their regulations aim to ensure the ICT industry's growth is both innovative and compliant with global standards, promoting a secure and competitive market environment.
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Key Highlights

•    The Network Functions Virtualization is growing at a CAGR of 19.50% during the forecasted period of 2024 to 2030
•    Year on Year growth for the market is 20.10%
•    Based on type, the market is bifurcated into SDN-based network functions, NFV for data centers, Virtualized network infrastructure, Security function virtualization
•    Based on application, the market is segmented into Telecommunications, Cloud networking, Data centers, Enterprise networking, 5G network deployment
•    Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice

Market Segmentation Analysis

Segmentation by Type


  • SDN-based network functions
  • NFV for data centers
  • Virtualized network infrastructure
  • Security function virtualization

Network Functions Virtualization Market Segmentation by Type

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Segmentation by Application
 
  • Telecommunications
  • Cloud networking
  • Data centers
  • Enterprise networking
  • 5G network deployment

Network Functions Virtualization Market Segmentation by Application

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Key Players

Several key players in the Network Functions Virtualization market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 20.10%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.
  • Nokia
  • Cisco
  • Huawei
  • VMware
  • Ericsson
  • Juniper Networks
  • Intel
  • NEC
  • Alcatel-Lucent
  • ZTE
  • Wind River
  • Red Hat
  • Fujitsu
  • Dell Technologies

Network Functions Virtualization Market Segmentation by Players

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Research Methodology

At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.

Market Dynamics


Market dynamics refer to the forces that influence the supply and demand of products and services within a market. These forces include factors such as consumer preferences, technological advancements, regulatory changes, economic conditions, and competitive actions. Understanding market dynamics is crucial for businesses as it helps them anticipate changes, identify opportunities, and mitigate risks.
By analyzing market dynamics, companies can better understand market trends, predict potential shifts, and develop strategic responses. This analysis enables businesses to align their product offerings, pricing strategies, and marketing efforts with evolving market conditions, ultimately leading to more informed decision-making and a stronger competitive position in the marketplace.

Market Driver

  • Opportunities In 5G Rollout
  • Expansion Of Data Center Services


Market Trend

  • Integration with SDN
  • increasing adoption of cloud computing

Opportunity

  • Opportunities In 5G Rollout
  • Expansion Of Data Center Services


Challenge

  • Integration Challenges With Legacy Networks
  • Complexity In Software Management



Regional Outlook

The North America Region holds the largest market share in 2019 and is expected to grow at a good CAGR. The Asia-Pacific Region is the fastest-growing region due to increasing development and disposable income.


North America remains a leader, driven by innovation hubs like Silicon Valley and a strong demand for advanced technologies such as AI and cloud computing. Europe is characterized by robust regulatory frameworks and significant investments in digital transformation across sectors. Asia-Pacific is experiencing rapid growth, led by major markets like China and India, where increasing digital adoption and governmental initiatives are propelling ICT advancements.


The Middle East and Africa are witnessing steady expansion, driven by infrastructure development and growing internet penetration. Latin America and South America present emerging opportunities, with rising investments in digital infrastructure, though challenges like economic instability can impact growth. These regional differences highlight the need for tailored strategies in the global ICT market.
 

Regions
  • North America
  • LATAM
  • West Europe
  • Central & Eastern Europe
  • Northern Europe
  • Southern Europe
  • East Asia
  • Southeast Asia
  • South Asia
  • Central Asia
  • Oceania
  • MEA
Fastest Growing Region
Asia-Pacific
Asia-Pacific captures largest market share in Network Functions Virtualization Market
Dominating Region
North America
North America captures largest market share in Network Functions Virtualization Market

 

Report Features

Details

Base Year

2019

Based Year Market Size (2019)

13Billion

Historical Period Market Size (2024)

10Billion

CAGR (2019 to 2030)

19.50%

Forecast Period

2025 to 2030

Forecasted Period Market Size (2030)

40Billion 

Scope of the Report

SDN-based network functions, NFV for data centers, Virtualized network infrastructure, Security function virtualization, Telecommunications, Cloud networking, Data centers, Enterprise networking, 5G network deployment

Regions Covered

North America, Europe, Asia Pacific, South America, and MEA

Year on Year Growth

20.10%

Companies Covered

Nokia, Cisco, Huawei, VMware, Ericsson, Juniper Networks, Intel, NEC, Alcatel-Lucent, ZTE, Wind River, Red Hat, Fujitsu, Dell Technologies

Customization Scope

15% Free Customization (For EG)

Delivery Format

PDF and Excel through Email

 

 

Network Functions Virtualization - Table of Contents

Chapter 1: Market Preface
  • 1.1 Global Network Functions Virtualization Market Landscape
  • 1.2 Scope of the Study
  • 1.3 Relevant Findings & Stakeholder Advantages

Chapter 2: Strategic Overview
  • 2.1 Global Network Functions Virtualization Market Outlook
  • 2.2 Total Addressable Market versus Serviceable Market
  • 2.3 Market Rivalry Projection

Chapter 3 : Global Network Functions Virtualization Market Business Environment & Changing Dynamics
  • 3.1 Growth Drivers
    • 3.1.1 Opportunities in 5G rollout
    • 3.1.2 expansion of data center services
  • 3.2 Available Opportunities
    • 3.2.1 Opportunities in 5G rollout
  • 3.3 Influencing Trends
    • 3.3.1 Integration with SDN
    • 3.3.2 incre
  • 3.4 Challenges
    • 3.4.1 Integration challenges with
  • 3.5 Regional Dynamics

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Chapter 4 : Global Network Functions Virtualization Industry Factors Assessment
  • 4.1 Current Scenario
  • 4.2 PEST Analysis
  • 4.3 Business Environment - PORTER 5-Forces Analysis
    • 4.3.1 Supplier Leverage
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Threat of Substitutes
    • 4.3.4 Threat from New Entrant
    • 4.3.5 Market Competition Level
  • 4.4 Roadmap of Network Functions Virtualization Market
  • 4.5 Impact of Macro-Economic Factors
  • 4.6 Market Entry Strategies
  • 4.7 Political and Regulatory Landscape
  • 4.8 Supply Chain Analysis
  • 4.9 Impact of Tariff War


Chapter 5: Network Functions Virtualization : Competition Benchmarking & Performance Evaluation
  • 5.1 Global Network Functions Virtualization Market Concentration Ratio
    • 5.1.1 CR4, CR8 and HH Index
    • 5.1.2 % Market Share - Top 3
    • 5.1.3 Market Holding by Top 5
  • 5.2 Market Position of Manufacturers by Network Functions Virtualization Revenue 2019
  • 5.3 BCG Matrix
  • 5.3 Market Entropy
  • 5.4 Strategic Group Analysis
  • 5.5 5C’s Analysis
Chapter 6: Global Network Functions Virtualization Market: Company Profiles
  • 6.1 Nokia
    • 6.1.1 Nokia Company Overview
    • 6.1.2 Nokia Product/Service Portfolio & Specifications
    • 6.1.3 Nokia Key Financial Metrics
    • 6.1.4 Nokia SWOT Analysis
    • 6.1.5 Nokia Development Activities
  • 6.2 Cisco
  • 6.3 Huawei
  • 6.4 VMware
  • 6.5 Ericsson
  • 6.6 Juniper Networks
  • 6.7 Intel
  • 6.8 NEC
  • 6.9 Alcatel-Lucent
  • 6.10 ZTE
  • 6.11 Wind River
  • 6.12 Red Hat
  • 6.13 Fujitsu
  • 6.14 Dell Technologies
  • 6.15 HPE

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Chapter 7 : Global Network Functions Virtualization by Type & Application (2024-2030)
  • 7.1 Global Network Functions Virtualization Market Revenue Analysis (USD Million) by Type (2024-2019)
    • 7.1.1 SDN-based Network Functions
    • 7.1.2 NFV For Data Centers
    • 7.1.3 Virtualized Network Infrastructure
    • 7.1.4 Security Function Virtualization
    • 7.1.5 Virtualized WAN
  • 7.2 Global Network Functions Virtualization Market Revenue Analysis (USD Million) by Application (2024-2019)
    • 7.2.1 Telecommunications
    • 7.2.2 Cloud Networking
    • 7.2.3 Data Centers
    • 7.2.4 Enterprise Networking
    • 7.2.5 5G Network Deployment
  • 7.3 Global Network Functions Virtualization Market Revenue Analysis (USD Million) by Type (2019-2030)
  • 7.4 Global Network Functions Virtualization Market Revenue Analysis (USD Million) by Application (2019-2030)

Chapter 8 : North America Network Functions Virtualization Market Breakdown by Country, Type & Application
  • 8.1 North America Network Functions Virtualization Market by Country (USD Million) [2024-2019]
    • 8.1.1 United States
    • 8.1.2 Canada
  • 8.2 North America Network Functions Virtualization Market by Type (USD Million) [2024-2019]
    • 8.2.1 SDN-based Network Functions
    • 8.2.2 NFV For Data Centers
    • 8.2.3 Virtualized Network Infrastructure
    • 8.2.4 Security Function Virtualization
    • 8.2.5 Virtualized WAN
  • 8.3 North America Network Functions Virtualization Market by Application (USD Million) [2024-2019]
    • 8.3.1 Telecommunications
    • 8.3.2 Cloud Networking
    • 8.3.3 Data Centers
    • 8.3.4 Enterprise Networking
    • 8.3.5 5G Network Deployment
  • 8.4 North America Network Functions Virtualization Market by Country (USD Million) [2020-2030]
  • 8.5 North America Network Functions Virtualization Market by Type (USD Million) [2020-2030]
  • 8.6 North America Network Functions Virtualization Market by Application (USD Million) [2020-2030]
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Chapter 9 : LATAM Network Functions Virtualization Market Breakdown by Country, Type & Application
  • 9.1 LATAM Network Functions Virtualization Market by Country (USD Million) [2024-2019]
    • 9.1.1 Brazil
    • 9.1.2 Argentina
    • 9.1.3 Chile
    • 9.1.4 Mexico
    • 9.1.5 Rest of LATAM
  • 9.2 LATAM Network Functions Virtualization Market by Type (USD Million) [2024-2019]
    • 9.2.1 SDN-based Network Functions
    • 9.2.2 NFV For Data Centers
    • 9.2.3 Virtualized Network Infrastructure
    • 9.2.4 Security Function Virtualization
    • 9.2.5 Virtualized WAN
  • 9.3 LATAM Network Functions Virtualization Market by Application (USD Million) [2024-2019]
    • 9.3.1 Telecommunications
    • 9.3.2 Cloud Networking
    • 9.3.3 Data Centers
    • 9.3.4 Enterprise Networking
    • 9.3.5 5G Network Deployment
  • 9.4 LATAM Network Functions Virtualization Market by Country (USD Million) [2020-2030]
  • 9.5 LATAM Network Functions Virtualization Market by Type (USD Million) [2020-2030]
  • 9.6 LATAM Network Functions Virtualization Market by Application (USD Million) [2020-2030]
Chapter 10 : West Europe Network Functions Virtualization Market Breakdown by Country, Type & Application
  • 10.1 West Europe Network Functions Virtualization Market by Country (USD Million) [2024-2019]
    • 10.1.1 Germany
    • 10.1.2 France
    • 10.1.3 Benelux
    • 10.1.4 Switzerland
    • 10.1.5 Rest of West Europe
  • 10.2 West Europe Network Functions Virtualization Market by Type (USD Million) [2024-2019]
    • 10.2.1 SDN-based Network Functions
    • 10.2.2 NFV For Data Centers
    • 10.2.3 Virtualized Network Infrastructure
    • 10.2.4 Security Function Virtualization
    • 10.2.5 Virtualized WAN
  • 10.3 West Europe Network Functions Virtualization Market by Application (USD Million) [2024-2019]
    • 10.3.1 Telecommunications
    • 10.3.2 Cloud Networking
    • 10.3.3 Data Centers
    • 10.3.4 Enterprise Networking
    • 10.3.5 5G Network Deployment
  • 10.4 West Europe Network Functions Virtualization Market by Country (USD Million) [2020-2030]
  • 10.5 West Europe Network Functions Virtualization Market by Type (USD Million) [2020-2030]
  • 10.6 West Europe Network Functions Virtualization Market by Application (USD Million) [2020-2030]
Chapter 11 : Central & Eastern Europe Network Functions Virtualization Market Breakdown by Country, Type & Application
  • 11.1 Central & Eastern Europe Network Functions Virtualization Market by Country (USD Million) [2024-2019]
    • 11.1.1 Bulgaria
    • 11.1.2 Poland
    • 11.1.3 Hungary
    • 11.1.4 Romania
    • 11.1.5 Rest of CEE
  • 11.2 Central & Eastern Europe Network Functions Virtualization Market by Type (USD Million) [2024-2019]
    • 11.2.1 SDN-based Network Functions
    • 11.2.2 NFV For Data Centers
    • 11.2.3 Virtualized Network Infrastructure
    • 11.2.4 Security Function Virtualization
    • 11.2.5 Virtualized WAN
  • 11.3 Central & Eastern Europe Network Functions Virtualization Market by Application (USD Million) [2024-2019]
    • 11.3.1 Telecommunications
    • 11.3.2 Cloud Networking
    • 11.3.3 Data Centers
    • 11.3.4 Enterprise Networking
    • 11.3.5 5G Network Deployment
  • 11.4 Central & Eastern Europe Network Functions Virtualization Market by Country (USD Million) [2020-2030]
  • 11.5 Central & Eastern Europe Network Functions Virtualization Market by Type (USD Million) [2020-2030]
  • 11.6 Central & Eastern Europe Network Functions Virtualization Market by Application (USD Million) [2020-2030]
Chapter 12 : Northern Europe Network Functions Virtualization Market Breakdown by Country, Type & Application
  • 12.1 Northern Europe Network Functions Virtualization Market by Country (USD Million) [2024-2019]
    • 12.1.1 The United Kingdom
    • 12.1.2 Sweden
    • 12.1.3 Norway
    • 12.1.4 Baltics
    • 12.1.5 Ireland
    • 12.1.6 Rest of Northern Europe
  • 12.2 Northern Europe Network Functions Virtualization Market by Type (USD Million) [2024-2019]
    • 12.2.1 SDN-based Network Functions
    • 12.2.2 NFV For Data Centers
    • 12.2.3 Virtualized Network Infrastructure
    • 12.2.4 Security Function Virtualization
    • 12.2.5 Virtualized WAN
  • 12.3 Northern Europe Network Functions Virtualization Market by Application (USD Million) [2024-2019]
    • 12.3.1 Telecommunications
    • 12.3.2 Cloud Networking
    • 12.3.3 Data Centers
    • 12.3.4 Enterprise Networking
    • 12.3.5 5G Network Deployment
  • 12.4 Northern Europe Network Functions Virtualization Market by Country (USD Million) [2020-2030]
  • 12.5 Northern Europe Network Functions Virtualization Market by Type (USD Million) [2020-2030]
  • 12.6 Northern Europe Network Functions Virtualization Market by Application (USD Million) [2020-2030]
Chapter 13 : Southern Europe Network Functions Virtualization Market Breakdown by Country, Type & Application
  • 13.1 Southern Europe Network Functions Virtualization Market by Country (USD Million) [2024-2019]
    • 13.1.1 Spain
    • 13.1.2 Italy
    • 13.1.3 Portugal
    • 13.1.4 Greece
    • 13.1.5 Rest of Southern Europe
  • 13.2 Southern Europe Network Functions Virtualization Market by Type (USD Million) [2024-2019]
    • 13.2.1 SDN-based Network Functions
    • 13.2.2 NFV For Data Centers
    • 13.2.3 Virtualized Network Infrastructure
    • 13.2.4 Security Function Virtualization
    • 13.2.5 Virtualized WAN
  • 13.3 Southern Europe Network Functions Virtualization Market by Application (USD Million) [2024-2019]
    • 13.3.1 Telecommunications
    • 13.3.2 Cloud Networking
    • 13.3.3 Data Centers
    • 13.3.4 Enterprise Networking
    • 13.3.5 5G Network Deployment
  • 13.4 Southern Europe Network Functions Virtualization Market by Country (USD Million) [2020-2030]
  • 13.5 Southern Europe Network Functions Virtualization Market by Type (USD Million) [2020-2030]
  • 13.6 Southern Europe Network Functions Virtualization Market by Application (USD Million) [2020-2030]
Chapter 14 : East Asia Network Functions Virtualization Market Breakdown by Country, Type & Application
  • 14.1 East Asia Network Functions Virtualization Market by Country (USD Million) [2024-2019]
    • 14.1.1 China
    • 14.1.2 Japan
    • 14.1.3 South Korea
    • 14.1.4 Taiwan
    • 14.1.5 Others
  • 14.2 East Asia Network Functions Virtualization Market by Type (USD Million) [2024-2019]
    • 14.2.1 SDN-based Network Functions
    • 14.2.2 NFV For Data Centers
    • 14.2.3 Virtualized Network Infrastructure
    • 14.2.4 Security Function Virtualization
    • 14.2.5 Virtualized WAN
  • 14.3 East Asia Network Functions Virtualization Market by Application (USD Million) [2024-2019]
    • 14.3.1 Telecommunications
    • 14.3.2 Cloud Networking
    • 14.3.3 Data Centers
    • 14.3.4 Enterprise Networking
    • 14.3.5 5G Network Deployment
  • 14.4 East Asia Network Functions Virtualization Market by Country (USD Million) [2020-2030]
  • 14.5 East Asia Network Functions Virtualization Market by Type (USD Million) [2020-2030]
  • 14.6 East Asia Network Functions Virtualization Market by Application (USD Million) [2020-2030]
Chapter 15 : Southeast Asia Network Functions Virtualization Market Breakdown by Country, Type & Application
  • 15.1 Southeast Asia Network Functions Virtualization Market by Country (USD Million) [2024-2019]
    • 15.1.1 Vietnam
    • 15.1.2 Singapore
    • 15.1.3 Thailand
    • 15.1.4 Malaysia
    • 15.1.5 Indonesia
    • 15.1.6 Philippines
    • 15.1.7 Rest of SEA Countries
  • 15.2 Southeast Asia Network Functions Virtualization Market by Type (USD Million) [2024-2019]
    • 15.2.1 SDN-based Network Functions
    • 15.2.2 NFV For Data Centers
    • 15.2.3 Virtualized Network Infrastructure
    • 15.2.4 Security Function Virtualization
    • 15.2.5 Virtualized WAN
  • 15.3 Southeast Asia Network Functions Virtualization Market by Application (USD Million) [2024-2019]
    • 15.3.1 Telecommunications
    • 15.3.2 Cloud Networking
    • 15.3.3 Data Centers
    • 15.3.4 Enterprise Networking
    • 15.3.5 5G Network Deployment
  • 15.4 Southeast Asia Network Functions Virtualization Market by Country (USD Million) [2020-2030]
  • 15.5 Southeast Asia Network Functions Virtualization Market by Type (USD Million) [2020-2030]
  • 15.6 Southeast Asia Network Functions Virtualization Market by Application (USD Million) [2020-2030]
Chapter 16 : South Asia Network Functions Virtualization Market Breakdown by Country, Type & Application
  • 16.1 South Asia Network Functions Virtualization Market by Country (USD Million) [2024-2019]
    • 16.1.1 India
    • 16.1.2 Bangladesh
    • 16.1.3 Others
  • 16.2 South Asia Network Functions Virtualization Market by Type (USD Million) [2024-2019]
    • 16.2.1 SDN-based Network Functions
    • 16.2.2 NFV For Data Centers
    • 16.2.3 Virtualized Network Infrastructure
    • 16.2.4 Security Function Virtualization
    • 16.2.5 Virtualized WAN
  • 16.3 South Asia Network Functions Virtualization Market by Application (USD Million) [2024-2019]
    • 16.3.1 Telecommunications
    • 16.3.2 Cloud Networking
    • 16.3.3 Data Centers
    • 16.3.4 Enterprise Networking
    • 16.3.5 5G Network Deployment
  • 16.4 South Asia Network Functions Virtualization Market by Country (USD Million) [2020-2030]
  • 16.5 South Asia Network Functions Virtualization Market by Type (USD Million) [2020-2030]
  • 16.6 South Asia Network Functions Virtualization Market by Application (USD Million) [2020-2030]
Chapter 17 : Central Asia Network Functions Virtualization Market Breakdown by Country, Type & Application
  • 17.1 Central Asia Network Functions Virtualization Market by Country (USD Million) [2024-2019]
    • 17.1.1 Kazakhstan
    • 17.1.2 Tajikistan
    • 17.1.3 Others
  • 17.2 Central Asia Network Functions Virtualization Market by Type (USD Million) [2024-2019]
    • 17.2.1 SDN-based Network Functions
    • 17.2.2 NFV For Data Centers
    • 17.2.3 Virtualized Network Infrastructure
    • 17.2.4 Security Function Virtualization
    • 17.2.5 Virtualized WAN
  • 17.3 Central Asia Network Functions Virtualization Market by Application (USD Million) [2024-2019]
    • 17.3.1 Telecommunications
    • 17.3.2 Cloud Networking
    • 17.3.3 Data Centers
    • 17.3.4 Enterprise Networking
    • 17.3.5 5G Network Deployment
  • 17.4 Central Asia Network Functions Virtualization Market by Country (USD Million) [2020-2030]
  • 17.5 Central Asia Network Functions Virtualization Market by Type (USD Million) [2020-2030]
  • 17.6 Central Asia Network Functions Virtualization Market by Application (USD Million) [2020-2030]
Chapter 18 : Oceania Network Functions Virtualization Market Breakdown by Country, Type & Application
  • 18.1 Oceania Network Functions Virtualization Market by Country (USD Million) [2024-2019]
    • 18.1.1 Australia
    • 18.1.2 New Zealand
    • 18.1.3 Others
  • 18.2 Oceania Network Functions Virtualization Market by Type (USD Million) [2024-2019]
    • 18.2.1 SDN-based Network Functions
    • 18.2.2 NFV For Data Centers
    • 18.2.3 Virtualized Network Infrastructure
    • 18.2.4 Security Function Virtualization
    • 18.2.5 Virtualized WAN
  • 18.3 Oceania Network Functions Virtualization Market by Application (USD Million) [2024-2019]
    • 18.3.1 Telecommunications
    • 18.3.2 Cloud Networking
    • 18.3.3 Data Centers
    • 18.3.4 Enterprise Networking
    • 18.3.5 5G Network Deployment
  • 18.4 Oceania Network Functions Virtualization Market by Country (USD Million) [2020-2030]
  • 18.5 Oceania Network Functions Virtualization Market by Type (USD Million) [2020-2030]
  • 18.6 Oceania Network Functions Virtualization Market by Application (USD Million) [2020-2030]
Chapter 19 : MEA Network Functions Virtualization Market Breakdown by Country, Type & Application
  • 19.1 MEA Network Functions Virtualization Market by Country (USD Million) [2024-2019]
    • 19.1.1 Turkey
    • 19.1.2 South Africa
    • 19.1.3 Egypt
    • 19.1.4 UAE
    • 19.1.5 Saudi Arabia
    • 19.1.6 Israel
    • 19.1.7 Rest of MEA
  • 19.2 MEA Network Functions Virtualization Market by Type (USD Million) [2024-2019]
    • 19.2.1 SDN-based Network Functions
    • 19.2.2 NFV For Data Centers
    • 19.2.3 Virtualized Network Infrastructure
    • 19.2.4 Security Function Virtualization
    • 19.2.5 Virtualized WAN
  • 19.3 MEA Network Functions Virtualization Market by Application (USD Million) [2024-2019]
    • 19.3.1 Telecommunications
    • 19.3.2 Cloud Networking
    • 19.3.3 Data Centers
    • 19.3.4 Enterprise Networking
    • 19.3.5 5G Network Deployment
  • 19.4 MEA Network Functions Virtualization Market by Country (USD Million) [2020-2030]
  • 19.5 MEA Network Functions Virtualization Market by Type (USD Million) [2020-2030]
  • 19.6 MEA Network Functions Virtualization Market by Application (USD Million) [2020-2030]

Chapter 20: Research Findings & Conclusion
  • 20.1 Key Findings
  • 20.2 Conclusion

Chapter 21: Methodology and Data Source
  • 21.1 Research Methodology & Approach
    • 21.1.1 Research Program/Design
    • 21.1.2 Market Size Estimation
    • 21.1.3 Market Breakdown and Data Triangulation
  • 21.2 Data Source
    • 21.2.1 Secondary Sources
    • 21.2.2 Primary Sources

Chapter 22: Appendix & Disclaimer
  • 22.1 Acronyms & bibliography
  • 22.2 Disclaimer

Frequently Asked Questions (FAQ):

The Global Network Functions Virtualization market is estimated to see a CAGR of 19.50% and may reach an estimated market size of 19.50% 40 Billion by 2030.

The Network Functions Virtualization Market is predicted to grow at a CAGR of 19.50%.

Integration With SDN, Increasing Adoption Of Cloud Computing, Focus On Network Automation are seen to make big Impact on Network Functions Virtualization Market Growth.

The leaders in the Global Network Functions Virtualization Market such as Nokia, Cisco, Huawei, VMware, Ericsson, Juniper Networks, Intel, NEC, Alcatel-Lucent, ZTE, Wind River, Red Hat, Fujitsu, Dell Technologies, HPE are targeting innovative and differentiated growth drivers some of them are Opportunities In 5G Rollout, Expansion Of Data Center Services, Increased Adoption Of Virtualized Network Solutions

Some of the major roadblocks that industry players have identified are Integration Challenges With Legacy Networks, Complexity In Software Management, Security Concerns.

The market opportunity is clear from the flow of investment into Global Network Functions Virtualization Market, some of them are Opportunities In 5G Rollout, Expansion Of Data Center Services, Increased Adoption Of Virtualized Network Solutions.

Nokia, Cisco, Huawei, VMware, Ericsson, Juniper Networks, Intel, NEC, Alcatel-Lucent, ZTE, Wind River, Red Hat, Fujitsu, Dell Technologies, HPE are the major operating companies profiled in Network Functions Virtualization market study.

Research paper of Global Network Functions Virtualization Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Telecommunications, Cloud networking, Data centers, Enterprise networking, 5G network deployment.

The Global Network Functions Virtualization Market Study is segmented by SDN-based network functions, NFV for data centers, Virtualized network infrastructure, Security function virtualization, Virtualized WAN.

The Global Network Functions Virtualization Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA

The Network Functions Virtualization Market is studied from 2024 - 2030.

Network Functions Virtualization (NFV) involves the decoupling of network functions from hardware and their implementation in software. It helps increase network agility, scalability, and cost efficiency.