[Market Report] Network Function Virtualization Market
Report ID: AA03241213
NFV Market: From $27.1 billion in 2022 to $185.1 billion in 2031, with a CAGR of 23.8% for remarkable growth.
The global Network Function Virtualization (NFV) market is expected to experience remarkable growth, with a projected compound annual growth rate (CAGR) of 23.8% from 2023 to 2031. The market size is forecasted to increase from $27.1 billion in 2022 to $185.1 billion by 2031. This rapid growth in the market is driven by advancements in technology, such as the progress of digitalization, the proliferation of 5G, and the expansion of cloud computing. Additionally, the increase in demand for remote work and digital services due to the COVID-19 pandemic is also supporting the expansion of the NFV market. : For application methods, please check the [PDF download] button or apply directly through the related links.
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Major Companies: Ericsson Mavenir Affirmed Networks ZTE Corporation VMware Inc. Fujitsu Limited Comba Telecom Systems Wind River Systems Inc. Juniper Networks Inc. NETSCOUT SYSTEMS INC. Hewlett Packard Enterprise Company Cisco Systems Inc. Ciena Corporation Huawei Technologies Co. Ltd Nokia Corporation DELL EMC ECI Telecom
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