The global Virtual Customer Premises Equipment Market size is expected to grow from USD 2.8 billion in 2022 to USD 15.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 40.2% during the forecast period.
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Solutions/tools segment to grow at the highest market share during the forecast period
Virtual CPE providers offer vCPE solutions to manage, upgrade, and optimize the entire network infrastructure. The major network management solutions include network performance and monitoring; network configuration; cloud, virtual, and SDN monitoring; log and event management; and others (IP address management and VoIP monitoring). Network administrators can view the network statistics through graphs over web browsers or dashboards. vCPE solutions help network administrators monitor small as well as large network infrastructures. These tools ensure the running of the network without any outage. Hence, businesses invest huge CAPEX on network infrastructures to optimize and upgrade enterprise networks. SMEs benefit more from vCPE solutions in terms of adoption, owing to their features, functionalities, and low cost. vCPE play an important role in every line of business, such as SMEs and large enterprises. The solutions/tools segment is further divided into virtual switches, virtual routers, application & controller platform, security & compliance, and infrastructure management & orchestration.
Security and Compliance is expected to grow at a highest market share during the forecast period
Security and compliance are the main concern for enterprises deploying vCPE solutions. Data flow during processing needs to be secured and comply with the related regulations. vCPE solution provides virtualized control over the entire network. This virtualized control reduces the threat to security by deploying various security technologies within the control plane. Major security technologies, such as Secure Sockets Layer Virtual Private Network (SSL VPN), firewall, transport layer security, Internet Protocol Security (IPsec) encryption, Intrusion Detection System (IDS) and Intrusion Prevention System (IPS), and Remote Access Dial in User Service (RADIUS), are deployed on vCPE architecture to make the infrastructure more secure and effective. Companies are integrating vCPE solutions with the added benefit of securing data and are ensuring that it complies with the mandates related to the networking market.
North America region to record the highest market share in the virtual customer premises equipment market
The North American region consists of developed countries which have structured networking, thus favoring the huge demand in the vCPE market. The top contributing countries to the vCPE market in North America include the US and Canada; the reason for the dominance of these countries is their established economies, which allows the investment in new technologies. Increasing usage of NFV and SDN among data centers and telecom companies and technological awareness among business verticals has led the vCPE market to transform across business verticals. The concept of network virtualization technology is popular in the networking field due to enterprising interest in reducing the maintenance cost of hardware systems and increasing the processing function. This region offers the most innovative and fastest services available through its network infrastructure.
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Key and innovative vendors in the virtual customer premises equipment market are Cisco (US), HPE (US), Juniper Networks (US), Broadcom (US), IBM (US), Arista Networks (US), Dell Corporation (US), Ericsson (Sweden), NEC Corporation (Japan), Intel (US), Wind River (US), RAD Data Communication (Israel), Huawei Technologies (China), Verizon (US), ADVA Optical Networking (Germany), Advantech (Taipei), Spirent Technologies (UK), Versa Networks (US), Anuta Networks (US), Parallel Wireless (US), Altiostar (US), NoviFlow (Canada), Cumucore (Finland), NFWare (US), netElastic Systems (US), VoerEirAB (Sweden), and Brian4net (Russia).
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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.
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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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