Network Functions Virtualization (NFV) Market Will Reach USD 1.3 Billion By 2019
Albany, NY (PRWEB) November 19, 2013
Network Functions Virtualization (NFV) is a telecom led initiative that aims to utilize standard IT virtualization technology to consolidate many telco network equipment types onto industry standard high volume servers, switches and storage. NFV involves implementing network functions in software that can run on a range of industry standard server hardware, and that can be moved to, or instantiated in, various locations in the network as required, without the need to install new proprietary equipment.
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With a promise to drive significant CapEx and OpEx reductions, NFV is poised to transform the entire telco infrastructure ecosystem. Mind Commerce estimates that global spending on NFV solutions will grow at a CAGR of 46% between 2014 and 2019. NFV revenues will reach $1.3 Billion by the end of 2019.
This report provides an in-depth assessment of the global NFV market, including a study of the business case, technology, use cases, vendor landscape, and a quantitative assessment of the industry from 2014 to 2019.
The addresses the following key topics:
Key Issues in NFV: An assessment of key issues related to NFV
NFV Use Cases: A review of specific use cases for the Big Data market
NFV Technology: A review of the underlying technologies that enable NFV
The Business Case for NFV: An assessment of the business case, growth drivers and barriers for NFV
Vendor Assessment: An assessment of the vendor landscape of leading players within the NFV market
Market Analysis and Forecasts: A global and regional assessment of the market size and forecasts for the NFV market from 2014 to 2019
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Early NFV deployments will target virtualization of the mobile core (EPC) and IMS services.
NFV IaaS will open a major opportunity for data center and cloud service providers to play a greater role in the telco services market.
Mind Commerce estimates the NFV market to be worth $203 Million in 2014. Growing at a CAGR of 46 % between 2014 and 2019, NFV revenues will reach $1.3 Billion by the end of 2019.
Companies with expertise in network virtualization technology as well as commodity hardware manufacturers such as Intel will significantly benefit from the commercialization of NFV.
Mobile network operators
Telecom infrastructure providers
Cloud and virtualized datacenters
NFV technology/solution vendors
Telecom service providers of all types
Digital content and application providers
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