The global network virtualization market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Increasing adoption of network virtualization by organizations worldwide, increasing awareness about NV, high acceptance of cloud computing, rapid growth in the number of connected components and rapid investments for the commercialization of 5G networks are some key factors influencing the market growth. However, factors such as few service providers for network virtualization and its nascent adoption stage are hindering the market growth.

Global network virtualization market segmented on the basis of type, application and region.

 

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Datacenter Dominate the Global Network Virtualization Market

Based on type, global network virtualization market segmented into network, desktop, datacenter and others. Datacenter accounted for significant market share over the predicted period. Data centers have recently received significant attention as a cost-effective infrastructure for storing large volumes of data and hosting large-scale service applications. Today, large companies like Amazon, Google, Facebook, and Yahoo! routinely use data centers for storage, Web search, and large-scale computations. With the rise of cloud computing, service hosting in data centers has become a multibillion dollar business that plays a crucial role in the future Information Technology (IT) industry. NV solves a lot of the networking challenges in today’s data centers, helping organizations centrally program and provision the network, on-demand, without having to physically touch the underlying infrastructure. With NV, organizations can simplify how they roll out, scale and adjust workloads and resources to meet evolving computing needs.

 

Asia Pacific Leads the Global Network Virtualization market

PBI’s global network virtualization market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. Asia Pacific accounted for larger revenue share in global network virtualization market with considerable CAGR. Asia Pacific accounted for larger revenue share in global network virtualization market with considerable CAGR due to expansion of data center ecosystem in the region by leading global cloud service providers, increasing adoption of cloud-based computing and storage technology by SMEs in the region, and large-scale investment in 5G testing. Also, china is the major contributor for the growth of the market in the region.

 

Launch of newer products, frequent product approvals, patent filings, and strategic alliances are the key strategies adopted by market players

Global network virtualization market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.

 

Key player’s profiles in the report are BMC, Cisco Systems, HP, IBM, Microsoft, Oracle, Red Hat, Sun Microsystems, Symantec and Vmware.

 

Precision Business Insights (PBI) in its report titled “Global Network Virtualization Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.

 

Detailed Segmentation

 

By Type         

• Network
• Desktop
• Datacenter
• Others

By Application           

• IT and telecommunication
• BFSI
• Defense
• Government
• Healthcare
• Energy & utility
• Others

By Geography

• North America

• U.S
• Canada

• Europe

• Germany
• France
• U.K
• Italy
• Spain
• Russia
• Poland
• Rest of Europe

• Asia-Pacific

• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific

• Latin America

• Brazil
• Mexico
• Argentina
• Rest of Latin America

• Middle East and Africa (MEA)

• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA

 

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