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NEEDHAM, Mass., May 26, 2021 – International Data Corporation (IDC) forecasts worldwide revenue for telecommunications network functions virtualization (NFV) software, including virtual network functions (VNFs), network functions virtualization infrastructure (NFVI), and cloud-native network functions (CNFs), will grow from a combined $7.5 bi

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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 ...

Converge Technology Solutions Reports Fourth Quarter and Fiscal Year 2020 Financial Results USA - English Share this article Converge" or "the Company") (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a national platform of regionally focused Hybrid IT solution providers in the U.S. and Canada, is pleased to provide its financial results for the three and twelve month periods ended December 31, 2020.  All figures are in CAD dollars unless otherwise stated. Q420 & FY20 Highlights Fourth quarter revenue increased 35% over the last year to $289.6 million and annual revenue increased 38% to $948.8 million F...

Share this article Share this article ResearchAndMarkets.com's offering. This research evaluates the network virtualization and softwarization market involving the implementation and operation of software-defined networking and network function virtualization. The report evaluates both SDN and NFV for communication service providers and enterprises. The report provides SDN and NFV forecasts by solution, application, deployment mode, service providers and enterprise for 2021 to 2026. Software-Defined Networking Arising from the demands of pervasive cloud computing and changes in the way ICT gr...