세계의 네트워크 기능 가상화 시장 : 컴포넌트별, 최종 사용자별, 지역별 분석 및 예측(-2030년)

According to Stratistics MRC, the Global Network Function Virtualization Market is accounted for $39.53 billion in 2024 and is expected to reach $151.53 billion by 2030 growing at a CAGR of 25.1% during the forecast period. Network Function Virtualization (NFV) is a paradigm shift in the realm of networking, aiming to revolutionize traditional hardware-centric network infrastructures. It involves decoupling network functions, such as routing, firewalling, and load balancing, from proprietary hardware appliances and implementing them as software-based services. By virtualizing these functions, NFV enables them to run on standard hardware platforms, leveraging techniques like virtualization and cloud computing.

According to UNESCO, 850 million students are currently studying and attending at home. At the same time, hundreds of millions of workers suddenly switch to remote work, making a big difference in how they use their communications networks.

Market Dynamics:

Driver:

Increased emergence of cloud services

The increased emergence of cloud services is substantially enhancing the Network Function Virtualization (NFV) market by revolutionizing the way networks are designed, deployed, and managed. Cloud platforms provide a flexible and scalable infrastructure that enables NFV implementations to efficiently virtualize network functions, such as routing, firewalling, and load balancing. This shift to cloud-based NFV solutions allows businesses to dynamically allocate resources based on demand, reducing costs associated with hardware maintenance and upgrades. Moreover, cloud environments facilitate the rapid deployment of new services and applications, accelerating innovation cycles and improving time-to-market for businesses.

Restraint:

Security concerns

Security concerns pose a significant obstacle to the growth of the Network Function Virtualization (NFV) market. NFV involves consolidating network functions onto virtualized platforms, offering flexibility and cost-efficiency. This convergence also creates vulnerabilities, as multiple functions share the same underlying infrastructure. The dynamic nature of virtualized environments complicates security measures, making it challenging to monitor and protect against evolving threats. However, the potential for unauthorized access or manipulation increases in a virtualized environment, raising concerns about data breaches and service disruptions.

Opportunity:

Adoption for IoT technology

IoT devices generate massive volumes of data, necessitating efficient processing and analysis, which NFV facilitates through virtualized network functions. By deploying NFV, organizations can dynamically allocate resources, optimize network performance, and scale operations to accommodate the burgeoning IoT ecosystem. Additionally, NFV enables the creation of virtualized network services, enhancing flexibility and agility in deploying IoT solutions across diverse environments.

Threat:

Complexity of implementation

NFV aims to transform traditional networking by virtualizing network functions, thereby increasing flexibility and scalability while reducing costs. The intricate nature of implementing NFV solutions, involving integration with existing infrastructure, orchestrating multiple virtual network functions (VNFs), ensuring interoperability, and managing virtualized resources, often leads to delays and increased costs for deployment. However, the lack of standardized interfaces and interoperability among NFV components further exacerbates these challenges, making it difficult for organizations to adopt NFV at scale.

Covid-19 Impact:

The COVID-19 pandemic dramatically altered the landscape of the Network Function Virtualization (NFV) market. The pandemic accelerated the adoption of NFV technologies across various sectors, including telecommunications, healthcare, finance, and education. However, the pandemic also posed challenges such as supply chain disruptions, delayed deployments, and financial constraints, impacting the pace of NFV implementation for some organizations.

The Solutions segment is expected to be the largest during the forecast period

Solutions segment is expected to be the largest during the forecast period by offering comprehensive platforms and services tailored to the evolving needs of businesses. These solutions encompass a spectrum of offerings, including virtualized network infrastructure, software-defined networking (SDN), virtualized network functions (VNFs), and management and orchestration (MANO) systems. Furthermore, by integrating these components, Solutions providers enable enterprises to achieve greater flexibility, scalability, and efficiency in managing their network infrastructure.

The Data Centers segment is expected to have the highest CAGR during the forecast period

Data Centers segment is expected to have the highest CAGR during the forecast period. Data centers, with their high-performance computing capabilities and flexible infrastructure, serve as the backbone for NFV deployment. By leveraging virtualization technologies within data centers, NFV enables the decoupling of network functions from dedicated hardware, allowing them to run as software-based instances on standard servers. This decoupling facilitates agility, scalability, and cost-effectiveness in network operations. Moreover, data centers provide the necessary environment for centralized management and orchestration of virtualized network functions, optimizing resource utilization and enhancing overall efficiency.

Region with largest share:

North America region dominated the largest share over the forecast period. Through NFV, traditional network functions are virtualized, allowing for dynamic allocation and scaling of resources based on demand across the region. This flexibility enables service providers in North America to better utilize their existing infrastructure, reducing the need for over-provisioning and minimizing wastage of resources. Moreover, NFV in the region facilitates the consolidation of hardware, leading to a more streamlined and cost-effective network architecture.

Region with highest CAGR:

Asia Pacific region is poised to hold lucrative growth during the projection period. By instituting policies that promote interoperability, data privacy, and cybersecurity standards, governments are fostering an environment conducive to innovation and investment in NFV technologies across the region. These regulations provide a framework for businesses to operate within, ensuring consumer trust and market stability. Moreover, governments in the region are incentivizing the adoption of NFV by offering subsidies, tax breaks, and funding for research and development in this sector.

Key players in the market

Some of the key players in Network Function Virtualization market include 6Wind SA, Alcatel-Lucent, Amdocs Inc, CIMI Corporation, Connectem Inc, ConteXtream Inc, Ericsson AB, F5 Network Inc, Huawei Technologies Co. Ltd, Intel Corporation, Juniper Network Inc, Nokia Solutions and Network, Open Wave Mobility Inc and Oracle.

Key Developments:

In December 2022, The largest telecom company in the UK, Virgin Media O2, has selected Charmed OSM, as its production-ready orchestrator for the implementation of hybrid workloads.

In August 2022, Red Hat OpenShift Container Platform and Intel Smart Edge Open work together with Intel to enable RAN intelligence. Fujitsu will provide new software vRAN technology in February 2022 that supports 5g and might result in over 50% CO2 emission savings. Nokia stated in May 2021 that it would provide its airframe servers, cloud infrastructure software, and digital operation software to improve PLDT's network.

Components Covered:

• Services
• Solutions
• Other Components

End Users Covered:

• Data Centers
• Service Providers
• Enterprise
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Network Function Virtualization Market, By Component

• 5.1 Introduction
• 5.2 Services
• 5.3 Solutions
• 5.4 Other Components

6 Global Network Function Virtualization Market, By End User

• 6.1 Introduction
• 6.2 Data Centers
• 6.3 Service Providers
• 6.4 Enterprise
  • 6.4.1 Healthcare
  • 6.4.2 Banking, Financial Services and Insurance
  • 6.4.3 Manufacturing
  • 6.4.4 Retail
  • 6.4.5 Government and Defense
  • 6.4.6 Other Enterprises
• 6.5 Other End Users

7 Global Network Function Virtualization Market, By Geography

• 7.1 Introduction
• 7.2 North America
  • 7.2.1 US
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 UK
  • 7.3.3 Italy
  • 7.3.4 France
  • 7.3.5 Spain
  • 7.3.6 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 Japan
  • 7.4.2 China
  • 7.4.3 India
  • 7.4.4 Australia
  • 7.4.5 New Zealand
  • 7.4.6 South Korea
  • 7.4.7 Rest of Asia Pacific
• 7.5 South America
  • 7.5.1 Argentina
  • 7.5.2 Brazil
  • 7.5.3 Chile
  • 7.5.4 Rest of South America
• 7.6 Middle East & Africa
  • 7.6.1 Saudi Arabia
  • 7.6.2 UAE
  • 7.6.3 Qatar
  • 7.6.4 South Africa
  • 7.6.5 Rest of Middle East & Africa

8 Key Developments

• 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 8.2 Acquisitions & Mergers
• 8.3 New Product Launch
• 8.4 Expansions
• 8.5 Other Key Strategies

9 Company Profiling

• 9.1 6Wind SA
• 9.2 Alcatel-Lucent
• 9.3 Amdocs Inc
• 9.4 CIMI Corporation
• 9.5 Connectem Inc
• 9.6 ConteXtream Inc
• 9.7 Ericsson AB
• 9.8 F5 Network Inc
• 9.9 Huawei Technologies Co. Ltd
• 9.10 Intel Corporation
• 9.11 Juniper Network Inc
• 9.12 Nokia Solutions and Network
• 9.13 Open Wave Mobility Inc
• 9.14 Oracle