TechNavio recognizes the following companies as the key players in Global Network Function Virtualization Market: Alcatel-Lucent SA, Ericsson AB, Huawei Technologies Co. Ltd., Nokia Solutions and Networks Oy., 6WIND SA, Amdocs Inc., CIMI Corp., Connectem Inc., ConteXtream Inc., F5 Networks Inc., Intel Corp., Juniper Networks Inc., NEC Corp., Openwave Mobility Inc., Opera Software Asa, and Oracle Corp.
Commenting on the report, an analyst from TechNavio’s team said: “Currently, access ports on the server and switching intelligence are the software that is primarily implemented around the globe. In 2012, the number of virtual ports deployed exceeded the number of physical access ports globally. It is expected that by 2018 the number of virtual access ports will be more than double the number of their physical counterparts. This trend is expected to continue during the forecast period.”
According to the report, there are several factors driving the growth of the Global NFV market, one of which is the increasing demand for data services. Over the past couple of years, the global Mobile Communication industry has witnessed unprecedented demand for data-intensive applications, demanding for appropriate network capacity to maintain satisfactory user experience. Industries, operators, equipment manufacturers, user device vendors, and application programmers across the globe are actively working toward preventing capacity exhaustion and delivering the best user experience.
Further, the report states that one of the main challenges is the delay in the adoption of the technology. Solutions such as SDN and NFV are considered the promising solutions, and several companies around the globe have these applications in their roadmap. However, due to the nascent stage of such optimization solutions, the vendors need more opportunities and to reach more customers. Hence, the delay in customers adopting the technology will hinder the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-network-function-virtualization-m…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/telecom-and-networking
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TechNavio Announces the Publication of its Research Report – Global Network Function Virtualization Market 2014-2018
