According to a new research report “Virtual Customer Premises Equipment (V-CPE) Market by Component (Solutions/Tools & Services), Service Model (IAAS, PAAS & SAAS), Application Area (Enterprises and Data Center & Telecom Services), Organization Size, and Region — Global Forecast to 2021”, published by MarketsandMarkets, the V-CPE Market size is estimated to grow from USD 486.5 Million in 2016 to USD 2,818.8 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 42.1%.
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The major forces driving this market are the growing demand for virtual or cloud-based solutions, benefits of cost optimization in maintaining the hardware, and rising need for mobility. The high demand for private clouds among enterprises is promoting cloud-based applications that help boost the adoption of V-CPE solutions in the networking market.
Data centers and telecom service providers segment is expected to grow at the highest CAGR in the V-CPE market during the forecast period
V-CPE solutions and services with regards to application areas allow the data centers and enterprises to deploy business applications quickly on the customer premises. Data centers and telecom service providers are the most significant areas in the V-CPE market. The data generated by telecom companies, which is stored and retrieved from data centers, is huge. With the use of V-CPE solutions, telecom companies can easily transfer their business functions from one geographic location to another.
Professional services segment is expected to hold the largest market share in the V-CPE market and the current trend is expected to continue during the forecast period
Professional services include marketing, training & consulting, advertising, and policy & governance services. Professional services also comply with network-based regulatory standards of V-CPE technologies. The adoption of network virtualization among enterprises has increased the demand for Network Function Virtualization (NFV) technology, which ultimately increases the demand for V-CPE infrastructure.
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North America is expected to contribute the largest market share; Asia-Pacific (APAC) to grow at the highest rate
North America is expected to hold the largest market share and would dominate the V-CPE solutions and services market from 2016 to 2021, owing to the presence of a large number of V-CPE service providers offering tailored solutions to multiple application areas. North America has been witnessing a high adoption of V-CPE on a large scale as it has been an early adopter of network virtualization technologies. APAC offers potential growth opportunities for the V-CPE market to grow, as countries in the region are investing heavily in the development of NFV and V-CPE technologies owing to growing adoption of software-defined technologies.
The major vendors in the V-CPE market include Cisco Systems, Inc., Hewlett Packard Enterprises (HPE), Juniper Networks, Inc., Brocade Communications Systems Inc., and IBM Corporation.
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The latest trending report Global Virtual Customer Premises Equipment (V-CPE) Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Virtual Customer Premises Equipment (V-CPE) market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 23.3% in the forecast period of 2020 to 2025 and will expected to reach USD 1212.1 million by 2025, from USD 523.9 million in 2019.The Virtual Customer Premises Equipment (V-CPE) market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/46628-virtual-customer-premises-equipment-v-cpe-industry-analysis-reportThe major players covered in Virtual Customer Premises Equipment (V-CPE) are:Cisco SystemsEricssonBrocade Communications SystemsHewlett Packard Enterprises (HPE)DellJuniper NetworksVersa NetworksArista NetworksIBMNECBy Type, Virtual Customer Premises Equipment (V-CPE) market has been segmented into: IaaS PaaS OthersBy Application, Virtual Customer Premises Equipment (V-CPE) has been segmented into: Virtual Switches Virtual Routers Application and Controller Platform Security and Compliance Infrastructure Management OrchestrationThe report offers in-depth assessment of the growth and other aspects of the Virtual Customer Premises Equipment (V-CPE) market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia) South America (Brazil, Argentina, Colombia) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Virtual Customer Premises Equipment (V-CPE) Market @ https://www.decisiondatabases.com/contact/download-sample-46628There are 14 Chapters to deeply display the global Virtual Customer Premises Equipment (V-CPE) market.1 Virtual Customer Premises Equipment (V-CPE) Market Overview2 Company Profiles3 Global Virtual Customer Premises Equipment (V-CPE) Market Competition, by Players4 Global Virtual Customer Premises Equipment (V-CPE) Market Size by Regions5 North America Virtual Customer Premises Equipment (V-CPE) Revenue by Countries6 Europe Virtual Customer Premises Equipment (V-CPE) Revenue by Countries7 Asia-Pacific Virtual Customer Premises Equipment (V-CPE) Revenue by Countries8 South America Virtual Customer Premises Equipment (V-CPE) Revenue by Countries9 Middle East and Africa Revenue Virtual Customer Premises Equipment (V-CPE) by Countries10 Global Virtual Customer Premises Equipment (V-CPE) Market Segment by Type11 Global Virtual Customer Premises Equipment (V-CPE) Market Segment by Application12 Global Virtual Customer Premises Equipment (V-CPE) Market Size Forecast (2021-2025)13 Research Findings and Conclusion14 AppendixPurchase the complete Global Virtual Customer Premises Equipment (V-CPE) Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-46628Other Reports by DecisionDatabases.com:Global Virtual Power Plant Market 2020 by Company, Regions, Type and Application, Forecast to 2025Global Virtual Security Market 2019 by Company, Regions, Type and Application, Forecast to 2024Global Virtual Reality Gaming Accessories Market 2019 by Company, Regions, Type and Application, Forecast to 2024About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
The report "Virtual Customer Premises Equipment (V-CPE) Market by Component (Solutions/Tools & Services), Service Model (IAAS, PAAS & SAAS), Application Area (Enterprises and Data Center & Telecom Services), Organization Size, and Region - Global Forecast to 2021", The V-CPE market size is estimated to grow from USD 486.5 Million in 2016 to USD 2,818.8 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 42.1%.
The high demand for private clouds among enterprises is promoting cloud-based applications that help boost the adoption of V-CPE solutions in the networking market.Data centers and telecom service providers segment is expected to grow at the highest CAGR in the V-CPE market during the forecast periodV-CPE solutions and services with regards to application areas allow the data centers and enterprises to deploy business applications quickly on the customer premises.
The data generated by telecom companies, which is stored and retrieved from data centers, is huge.
With the use of V-CPE solutions, telecom companies can easily transfer their business functions from one geographic location to another.Professional services segment is expected to hold the largest market share in the V-CPE market and the current trend is expected to continue during the forecast periodProfessional services include marketing, training & consulting, advertising, and policy & governance services.
APAC offers potential growth opportunities for the V-CPE market to grow, as countries in the region are investing heavily in the development of NFV and V-CPE technologies owing to growing adoption of software-defined technologies.The major vendors in the V-CPE market include Cisco Systems, Inc., Hewlett Packard Enterprises (HPE), Juniper Networks, Inc., Brocade Communications Systems Inc., and IBM Corporation.About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
