Page 2 - Function Virtualization Market News Today : Breaking News, Live Updates & Top Stories | Vimarsana

 by Component (Orchestration, Professional Services), Virtualized Network Function, Application (Virtual Appliances, Core Network), End User (Enterprises, Service Providers, Data Centers) - Global Forecast to 2027", published by Meticulous Research ®, the Network Function Virtualization (NFV) market is expected to reach $122 billion by 2027, at a CAGR of 34.9% during the forecast period of 2020 to 2027. Network functions virtualization (NFV) involves strategies for virtualization of network services that traditionally run on proprietary, dedicated hardware. It incorporates cloud and virtual...

Share this article Share this article ResearchAndMarkets.com's offering. The Network Function Virtualization (NFV) Market is expected to reach $122 billion by 2027, growing at a CAGR of 34.9% during the forecast period of 2019 to 2027. The growth of this market is mainly attributed to the growing number of network complexities and ever-increasing demand for cloud-based services, deployment of IoT, security agility, cloud migration, increasing demand for network virtualization and automation, and need for advanced network management system are the key factors driving the growth of the network ...