Global Virtual Customer Premises Equipment Market was valued at US$ 401.23 Mn in 2019 and is expected to reach US$ 640.46 Mn by 2026, at a CAGR of 6.02% during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Virtual customer premise equipment is a way to deliver network services such as routing, firewall security and virtual private network connectivity to enterprises by using software rather than dedicated hardware devices. It offers updated physical networking infrastructure that can be changed into sharable virtual resources and accessible from anywhere.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding virtual customer premises equipment market dynamics, structure by identifying and analyzing the market segments by component, application area, service model, organization size, and region and, project the global market size. Further, report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to a particular market segment.
The increasing demand for cloud-based or mobility solutions which influence positively in driving the growth for virtual customer premises equipment market. The improvement of time to market and the avoidance of downtime for network infrastructure are key factors estimated to encourage the growth of the global virtual customer premises equipment market in the upcoming years. Moreover, the growing implementation of private clouds across diverse organizations is another factor projected to accelerate the growth of the overall market in the near future. However, the reliability issues and the lack of a skilled workforce are likely to hinder the growth of the overall market. Other factors restraining the growth of virtual customer premises equipment market include security and limited knowledge.
Professional services observe with network-based regulatory standards of virtual customer premise equipment technologies and hence the professional services segment is estimated to grow gradually in the virtual customer premise equipment market during the forecast period.
Data centers and telecom service providers segment is projected to grow at the highest CAGR in the virtual customer premise equipment market during the forecast period. The data generated by telecom companies, which is stored and retrieved from data centers, is enormous. With the use of virtual customer premise equipment solutions, telecom companies can easily transfer their business functions from one geographic location to another.
North America is estimated to lead the global virtual customer premises equipment market over the forecast period owing to the presence of a large number of virtual customer premises equipment service providers offering tailored solutions to multiple application areas. North America has been witnessing high adoption of virtual customer premises equipment on a large scale as it has been an early adopter of network virtualization technologies.
Some of the key players in the global virtual customer premises equipment market are Hewlett Packard Enterprise, Versa Networks, ALTEN Calsoft Labs, IBM Corporation, VMWare Inc., NEC Corporation, Juniper Networks Inc., Cisco Systems Inc., Telco Systems, and Ericsson Inc.
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The scope of the Global Virtual Customer Premises Equipment Market
Global Virtual Customer Premises Equipment Market by Solutions/Tools
• Virtual Switches
• Virtual Routers
• Application and Controller Platform
• Security and Compliance
• Infrastructure Management and Orchestration
Global Virtual Customer Premises Equipment Market by Services
• Professional Services
• Managed Services
Global Virtual Customer Premises Equipment Market by Service Model
• IAAS
• PAAS & SAAS
Global Virtual Customer Premises Equipment Market by Application Area
• Enterprises
• Data Center & Telecom Services
• Others
Global Virtual Customer Premises Equipment Market by Organization Size
• SMEs
• Large Scale Enterprises
Global Virtual Customer Premises Equipment Market by Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Key Players operating in the Global Virtual Customer Premises Equipment Market
• Hewlett Packard Enterprise
• Versa Networks
• ALTEN Calsoft Labs
• IBM Corporation
• VMWare Inc.
• NEC Corporation
• Juniper Networks Inc.
• Cisco Systems Inc.
• Telco Systems
• Ericsson Inc.
• Arista Networks
• Brocade Communications Systems Inc.
• Dell Inc.
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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.
The Global Virtual Customer Premises Equipment Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on function and application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Virtual Customer Premises Equipment Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/10958-virtual-customer-premises-equipment-v-cpe-market-reportThe report also covers the complete competitive landscape of the global Virtual Customer Premises Equipment market with company profiles of key players such as:ADTRAN, Inc.Allot CommunicationAnuta Networks International, LLCCisco Systems Inc.Ericsson Inc.Intel CorporationTelco SystemsThe Hewlett-Packard CompanyA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Function:RoutingSecurityVPN (Virtual Private Network)NAT (Network Address Translation)Wan OptimizationAccess ControlBy Applications:EnterprisesSmallMediumResidentialBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Rest of the World (RoW)Download Free Sample Report of Global Virtual Customer Premises Equipment Market @ https://www.decisiondatabases.com/contact/download-sample-10958The Global Virtual Customer Premises Equipment Market has been exhibited in detail in the following chapters –Chapter 1 Virtual Customer Premises Equipment Market PrefaceChapter 2 Executive SummaryChapter 3 Virtual Customer Premises Equipment Industry AnalysisChapter 4 Virtual Customer Premises Equipment Market Value Chain AnalysisChapter 5 Virtual Customer Premises Equipment Market Analysis By FunctionChapter 6 Virtual Customer Premises Equipment Market Analysis By ApplicationsChapter 7 Virtual Customer Premises Equipment Market Analysis By GeographyChapter 8 Competitive Landscape Of Virtual Customer Premises Equipment CompaniesChapter 9 Company Profiles Of Virtual Customer Premises Equipment IndustryPurchase the complete Global Virtual Customer Premises Equipment Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-10958Other Reports by DecisionDatabases.com:Global Virtual Reality in Gaming Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Intelligent Virtual Assistant Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Augmented Reality and Virtual Reality Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
The Global and Chinese Virtual Customer Premises Equipment report is an in-depth study of the Virtual Customer Premises Equipment from across the globe with a special focus towards the Chinese market owing to its vast nature and record breaking growth rate over the past decade.
The Global and Chinese Virtual Customer Premises Equipment report covers the intricate details about the Virtual Customer Premises Equipment across various parameters such as the value and volume of the Virtual Customer Premises Equipment , along with its different segmentations such as end users, applications, regional segmentation, etc.
Understanding of the new products and developments in the Virtual Customer Premises Equipment helps the customer understand which direction is the best to move towards that can help them tackle the competition better.
This holds key importance for customers and hence this information is well supported with due statistics that are represented in easy to consume graphs, charts, and tables.
Additionally, the report provides information on the entry and growth planning tips for the customer to be more effective in its growth efforts in the Virtual Customer Premises Equipment .
The Global and Chinese Virtual Customer Premises Equipment report presented by Orbis Research has been prepared by a list of top subject matter experts and market research professionals to ensure that the information provided is accurate to the highest level.
