|By Business Wire||
|May 6, 2014 06:14 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/2nhbxf/global_network) has announced the addition of the "Global Network Function Virtualization Market 2014-2018 with Alcatel-Lucent SA, Ericsson AB, Huawei Technologies & Nokia Solutions and Networks Oy Dominating" report to their offering.
The Global Network Function Virtualization market to grow at a CAGR of 51% to 2018
There are several factors driving the growth of the Global NFV market, one of which is the increasing demand for data services. Over the past couple of years, the global Mobile Communication industry has witnessed unprecedented demand for data-intensive applications, demanding for appropriate network capacity to maintain satisfactory user experience. Industries, operators, equipment manufacturers, user device vendors, and application programmers across the globe are actively working toward preventing capacity exhaustion and delivering the best user experience.
Currently, access ports on the server and switching intelligence are the software that is primarily implemented around the globe. In 2012, the number of virtual ports deployed exceeded the number of physical access ports globally. It is expected that by 2018 the number of virtual access ports will be more than double the number of their physical counterparts. This trend is expected to continue during the forecast period.
Further, the report states that one of the main challenges is the delay in the adoption of the technology. Solutions such as SDN and NFV are considered the promising solutions, and several companies around the globe have these applications in their roadmap. However, due to the nascent stage of such optimization solutions, the vendors need more opportunities and to reach more customers. Hence, the delay in customers adopting the technology will hinder the growth of the market.
Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Key vendors dominating this space are:
- Alcatel-Lucent SA
- Ericsson AB
- Huawei Technologies Co. Ltd
- Nokia Solutions
- Networks Oy.
Other companies mentioned in the report are:
- 6WIND SA
- Amdocs Inc
- CIMI Corp
- Connectem Inc.
- ConteXtream Inc.
- F5 Networks Inc
- Intel Corp.
- Juniper Networks Inc
- NEC Corp
- Openwave Mobility Inc.
- Opera Software Asa
- Oracle Corp.
For more information visit http://www.researchandmarkets.com/research/2nhbxf/global_network.