Network Function Virtualization Market, By Application (Switching Elements, Traffic Analysis, Next Generation Signaling), Deployment (Cloud, On-premise), By Infrastructure (Hardware Resources, Virtualized Resources), By End-User (CSP, BFSI, Cloud Service Provider) - Forecast 2022Industry InsightA report by Marker Research Future (MRFR) estimates the global Network Function Virtualization Market analysis 2020 to surge at a 31% CAGR during the forecast period 2016-2022.

The businesses are rapidly embracing network virtualization solutions as they encourage faster server provisioning and quick deployment of network services.

The SMEs are anticipated to observe a heavy usage of virtualization solutions as they enable consolidation of server & applications and advance disaster recovery.

All these factors are liable for the growth of the market in the forecast period.The network function virtualization market is observed to be highly competitive with the incidence of large-scale as well as small-scale global and other vendors.

Such a cut-throat environment is estimated to further intensify new entrants in the market, which is chiefly motivated by technological upgrades of existing services.Segmentation of Market: Network Function VirtualizationThe study of global Network Function Virtualization has been conducted over the segments of application, deployment, infrastructure, and end-user.Network function virtualization market by Application segment has included next-generation signaling, switching elements, traffic analysis, and service assurance.The network function virtualization market by the Deployment segment has included on-premise and cloud.The network function virtualization market by infrastructure segment has included the virtualization layer and hardware resources.The network function virtualization market by the end-user segment has included cloud service providers, virtualized resources, information technology, the communication service provider (CSP), and BFSI.Regional OutlookThe geological analysis of Network function virtualization is being considered for the key regions such as Asia Pacific, North America, Europe, and the Rest of the World.

The study observed that North America is leading the Network function virtualization market in support of an unusual move from concepts to commercial deployment of NFV by the telecom operators, which will compel the network function virtualization market growth in the future.

Global Network Infrastructure Market was valued US$ 32 Bn in 2017 and is expected to reach 90 Bn by 2026, at a CAGR of 13.8 % during forecast period.

Global Network Infrastructure Market is a new type of structure used in most organization which is viewed as more dispersed, less hierarchical, and more flexible than other structures.

Global Network infrastructure market is driven by increase in IP traffic, which drives the need for network technology containing routers and other high-performing network infrastructure.

Additionally, growth in demand from industries like BFSI, retail, healthcare, research, and manufacturing, is driving the demand for network infrastructure, as access to data is very complicated in these industries

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Network infrastructure is at the stage of transition due to increase in demand of mobile users and leading to increase in mobile traffic.

In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the market in the coming years.Growing need to manage IT infrastructure cost effectively and need for better returns on investment after deploying the solution is driving the overall IT infrastructure services market.

IT infrastructure services are offered by various technology service providers who manage the IT infrastructure, including network, server, and storage effectively.

These services include both professional as well as managed ones.

Professional services include consulting, planning integration & implementation as well as maintenance services.

With the growing complexity in managing IT infrastructure, and lack of skilled personnel to manage various network and cloud infrastructures, enterprises all of sizes are looking for IT infrastructure services.

Major players compete on the basis of types of services offered and pricing of the services, among others.The adoption of IT Infrastructure Services is specifically increasing across healthcare, manufacturing, consumer goods and BFSI industry vertical.

The major factors driving the growth of the NFV market include the demand for network virtualization and automation, increased emergence of cloud services and server virtualization, and need for advanced network management systems.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=93929190Among end user , the enterprises segment to grow at the highest CAGR during the forecast periodEnterprise customers are rapidly adopting NFV architecture, as it offers significant benefits such as improved network efficiency through centralized management, enhanced IT agility, and network customization through fast and reliable application services.

These customers have been categorized into various verticals, including Banking, Financial Services, and Insurance (BFSI), manufacturing, retail, healthcare, education, IT-enabled services, and government and defense.

In the present scenario, the deployment of NFV is prevalent across IT-enabled services, BFSI, and retail verticals.Under services, the implementation segment to grow at the highest CAGR during the forecast periodImplementation services add value to the network infrastructure of businesses.

These services assist end users in optimizing their network operations effectively.

In addition to this, they help enhance service delivery and manage network performance monitoring and management costs.

They support companies in efficiently deploying and managing the implementation of new solutions.

Industry InsightA report by Marker Research Future (MRFR) estimates the global Network Function Virtualization Market analysis 2020 to surge at a 31% CAGR during the forecast period 2016-2022.

The businesses are rapidly embracing network virtualization solutions as they encourage faster server provisioning and quick deployment of network services.

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/2455 The network function virtualization market is observed to be highly competitive with the incidence of large-scale as well as small-scale global and other vendors.

Such a cut-throat environment is estimated to further intensify new entrants in the market, which is chiefly motivated by technological upgrades of existing services.Top Market ContendersThe well-known players in the Network function virtualization market are listed as Juniper Networks (U.S.), Accenture PLC (Ireland), Cisco Systems, Inc. (U.S.), Alcatel-Lucent S.A. (France), Nokia Corporation (Finland), Huawei Technologies Co. Ltd. (China), NEC Inc. (Japan), Intel Corporation (U.S.), Connectem Inc. (U.S.), Amdocs Inc. (U.S.), 6WIND (France), Ericsson (Sweden), Open Wave Mobility Inc. (U.S.), Oracle Corporation(U.S.), an Oracle Corporation(U.S.),d Allot communications (U.S.).Segmentation of Market: Network Function VirtualizationThe study of global Network Function Virtualization has been conducted over the segments of application, deployment, infrastructure, and end-user.Network function virtualization market by Application segment has included next-generation signaling, switching elements, traffic analysis, and service assurance.The network function virtualization market by the Deployment segment has included on-premise and cloud.The network function virtualization market by infrastructure segment has included the virtualization layer and hardware resources.The network function virtualization market by the end-user segment has included cloud service providers, virtualized resources, information technology, the communication service provider (CSP), and BFSI.Regional OutlookThe geological analysis of Network function virtualization is being considered for the key regions such as Asia Pacific, North America, Europe, and the Rest of the World.

The study observed that North America is leading the Network function virtualization market in support of an unusual move from concepts to commercial deployment of NFV by the telecom operators, which will compel the network function virtualization market growth in the future.

Also, the North America region is expected to retain its position over the forecast period, thus creating extensive opportunities for market players.

The Network Function Virtualization Market is anticipated to reach over USD 125 billion by 2026 according to a new research published by Polaris Market Research.

In 2017, the hardware segment dominated the global market, in terms of revenue.

North America was the leading contributor to the global market revenue in 2017.

The growing demand for mobile broadband services, and increased demand for mobility has boosted the adoption of network function virtualization.

The rising adoption of virtualization, cloud, and big data analytics has fueled the market growth over the years.

Increasing investments by vendors in technological advancements coupled with advancements in the 5G network technology would accelerate the network function virtualization market growth of the network function virtualization market during the forecast period.

IT Infrastructure Services Market ShareThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on IT Infrastructure Services Market Share.

The growth sectors of the IT Infrastructure Services Market Share are identified with precision for a better growth perspective.For transforming businesses, cloud computing and automation solutions have become core components as well as a critical necessity in the current time.In order to remain consistent in the air competition, every business needs innovation in technology with a flexible work approach.

In this, an efficient IT Infrastructure Management firmly assists them to reinvent and transform their complete business processes to make it more efficient.A top-of-the-line IT infrastructure, thus facilities management system that adds to the revenue by reducing costs.

Therefore, how does an organization’s IT infrastructure services impact its revenue?Here are five ways: Save Energy And Reduce Utility BillsAs per the study covered on IT infrastructure services, the power required to cool a server is roughly double the power necessary to run it.

When the need for growth and increase revenues comes up, the exponential costs incurred by an organization’s IT infrastructure and operations can hold aback.

Cloud computing has appreciably lowered IT infra expenditure so much that by the year 2020, the significant U.S. companies that use cloud computing might achieve annual energy savings of $12.3 billion.Reduced DowntimeWhen IT infrastructure systems are breaking down too frequently, it results in a loss of output.