Network Virtualization market is expected to grow at a CAGR of 22.9% during the forecast period and the market size is expected to reach nearly US$ 98.81 billion by 2029.Network Virtualization Market Definition:
The use of Network Virtualization is for creating virtual networks on top of Ethernet Physical Networks. Although being an evolving technology, the market for network virtualization is growing at high rate. It has ability to expand beyond the limits of vLAN, the introduction of network virtualization has gained speed, offering support for hyper-scale datacenter networks. Deploying Network Virtualization does not require any change in actual physical network which is a significant factor leading to its prevalence.To know about the Research Methodology :- Request Free Sample Report The report study has analyzed revenue impact of the COVID-19 pandemic on the sales revenue of the market leader, market followers and market disrupters in the report and same is reflected in our analysis.
Network Virtualization Market – Dynamics
The technology is used by industries around the world because it is simpler to manage and aims to minimize the time taken for a job to be completed by an administrator. It also helps to reduce the complexity of the network. It also allows, by means of automation, to increase performance, competitiveness and work satisfaction. The global demand for network virtualization is seeing a robust growth. IT organizations have adopted the technology have also found it simpler to use websites to handle data, services and images. However, with just a couple of leading businesses in manufacturing and a few service providers implementing it in pilot phases, implementation of the NV platform is still at a nascent level. This is going to hamper the growth of the market. However, the industry is expected to see an increased speed of gains in the coming years with technical developments. Market growth is fueled by the implementation of virtualized applications over corporate data centers, including Cloud Service Providers (CSP) and Internet Service Providers (ISP). Conversely, this sector is hindered by delays in introducing this technology. In addition, the demand for data-intensive software and demand for cloud-based services are expected to deliver lucrative market growth opportunities over the estimated duration.Network Virtualization Market Segment Analysis
Based on Product Type, Network Segment has led the Network Virtualization Market in 2022 and is estimated to generate more than US$ 98.81 Bn market revenue by 2029 at a CAGR of 22.9%. Virtualization of the network provides increased network speed, scalability, stability, and reliability. The growing understanding of this is helping the development of the industry around the world.Network Virtualization Market Regional Analysis
Global Network Virtualization Market has been segmented into North America, South America, Asia Pacific, and the Middle East and Africa. North America leads with the market share of 22.9% in 2022 and is expected to reach US$ 98.81Bn by the end of 2029 with a CAGR of 22.9%. North America is the dominating region in the global network virtualization market. Whereas Europe is the second most significant region with market share of US$ xx Bn. Factors accelerating to the growth of this market is the high usage of cloud based services in this region with advance wavelength capacity. The objective of the report is to present a comprehensive analysis of the Global Network Virtualization Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Network Virtualization Market dynamics, structure by analyzing the market segments and project of the Global Network Virtualization Market size. Clear representation of competitive analysis of key players By Product Type, Price, Financial position, Product portfolio, Growth strategies, and Regional Presence in the Global Network Virtualization Market make the report investor’s guide.Scope of Network Virtualization Market: Inquire before buying
Network Virtualization Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 23.33 Bn. Forecast Period 2023 to 2029 CAGR: 22.9% Market Size in 2029: US $ 98.81 Bn. Segments Covered: by Product Datacenter Desktop Network Application by Component Software Infrastructure and Services Network Virtualization Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Network Virtualization Market Key Players are:
1. BMC 2. HP 3. IBM 4. Sun Microsystems 5. Microsoft 6. VMware 7. Cisco Systems 8. Oracle 9. Red Hat 10.SymantecFrequently Asked questions
1. What is the market size of the Global Network Virtualization Market in 2022? Ans. The market size Global Network Virtualization Market in 2022 was US$ 23.33 Billion. 2. What are the different segments of the Global Network Virtualization Market? Ans. The Global Network Virtualization Market is divided into Product and Component. 3. What is the study period of this market? Ans. The Global Network Virtualization Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Network Virtualization Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Network Virtualization Market? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Network Virtualization Market: Research Methodology 2. Network Virtualization Market Introduction 2.1. Study Assumption and Market Definition 2.2. Scope of the Study 2.3. Executive Summary 3. Network Virtualization Market: Dynamics 3.1. Network Virtualization Market Trends by Region 3.1.1. North America Network Virtualization Market Trends 3.1.2. Europe Network Virtualization Market Trends 3.1.3. Asia Pacific Network Virtualization Market Trends 3.1.4. Middle East and Africa Network Virtualization Market Trends 3.1.5. South America Network Virtualization Market Trends 3.2. Network Virtualization Market Dynamics by Region 3.2.1. North America 3.2.1.1. North America Network Virtualization Market Drivers 3.2.1.2. North America Network Virtualization Market Restraints 3.2.1.3. North America Network Virtualization Market Opportunities 3.2.1.4. North America Network Virtualization Market Challenges 3.2.2. Europe 3.2.2.1. Europe Network Virtualization Market Drivers 3.2.2.2. Europe Network Virtualization Market Restraints 3.2.2.3. Europe Network Virtualization Market Opportunities 3.2.2.4. Europe Network Virtualization Market Challenges 3.2.3. Asia Pacific 3.2.3.1. Asia Pacific Network Virtualization Market Drivers 3.2.3.2. Asia Pacific Network Virtualization Market Restraints 3.2.3.3. Asia Pacific Network Virtualization Market Opportunities 3.2.3.4. Asia Pacific Network Virtualization Market Challenges 3.2.4. Middle East and Africa 3.2.4.1. Middle East and Africa Network Virtualization Market Drivers 3.2.4.2. Middle East and Africa Network Virtualization Market Restraints 3.2.4.3. Middle East and Africa Network Virtualization Market Opportunities 3.2.4.4. Middle East and Africa Network Virtualization Market Challenges 3.2.5. South America 3.2.5.1. South America Network Virtualization Market Drivers 3.2.5.2. South America Network Virtualization Market Restraints 3.2.5.3. South America Network Virtualization Market Opportunities 3.2.5.4. South America Network Virtualization Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Technology Roadmap 3.6. Regulatory Landscape by Region 3.6.1. North America 3.6.2. Europe 3.6.3. Asia Pacific 3.6.4. Middle East and Africa 3.6.5. South America 3.7. Key Opinion Leader Analysis For Network Virtualization Market 3.8. Analysis of Government Schemes and Initiatives For the Network Virtualization Market 3.9. The Global Pandemic Impact on the Network Virtualization Market 3.10. Technologies Powering Network Virtualization 3.10.1. Software-Defined Networking (SDN) 3.10.2. Network Function Virtualization (NFV) 3.10.3. Cloud-native Networking 4. Network Virtualization Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 4.1. Network Virtualization Market Size and Forecast, By Product (2023-2030) 4.1.1. Datacenter 4.1.2. Desktop 4.1.3. Network 4.1.4. Application 4.2. Network Virtualization Market Size and Forecast, By Component (2023-2030) 4.2.1. Software 4.2.2. Infrastructure and Services 4.3. Network Virtualization Market Size and Forecast, by Region (2023-2030) 4.3.1. North America 4.3.2. Europe 4.3.3. Asia Pacific 4.3.4. Middle East and Africa 4.3.5. South America 5. North America Network Virtualization Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 5.1. North America Network Virtualization Market Size and Forecast, By Product (2023-2030) 5.1.1. Datacenter 5.1.2. Desktop 5.1.3. Network 5.1.4. Application 5.2. North America Network Virtualization Market Size and Forecast, By Component (2023-2030) 5.2.1. Software 5.2.2. Infrastructure and Services 5.3. North America Network Virtualization Market Size and Forecast, by Country (2023-2030) 5.3.1. United States 5.3.1.1. United States Network Virtualization Market Size and Forecast, By Product (2023-2030) 5.3.1.1.1. Datacenter 5.3.1.1.2. Desktop 5.3.1.1.3. Network 5.3.1.1.4. Application 5.3.1.2. United States Network Virtualization Market Size and Forecast, By Component (2023-2030) 5.3.1.2.1. Software 5.3.1.2.2. Infrastructure and Services 5.3.2. Canada 5.3.2.1. Canada Network Virtualization Market Size and Forecast, By Product (2023-2030) 5.3.2.1.1. Datacenter 5.3.2.1.2. Desktop 5.3.2.1.3. Network 5.3.2.1.4. Application 5.3.2.2. Canada Network Virtualization Market Size and Forecast, By Component (2023-2030) 5.3.2.2.1. Software 5.3.2.2.2. Infrastructure and Services 5.3.3. Mexico 5.3.3.1. Mexico Network Virtualization Market Size and Forecast, By Product (2023-2030) 5.3.3.1.1. Datacenter 5.3.3.1.2. Desktop 5.3.3.1.3. Network 5.3.3.1.4. Application 5.3.3.2. Mexico Network Virtualization Market Size and Forecast, By Component (2023-2030) 5.3.3.2.1. Software 5.3.3.2.2. Infrastructure and Services 6. Europe Network Virtualization Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. Europe Network Virtualization Market Size and Forecast, By Product (2023-2030) 6.2. Europe Network Virtualization Market Size and Forecast, By Component (2023-2030) 6.3. Europe Network Virtualization Market Size and Forecast, by Country (2023-2030) 6.3.1. United Kingdom 6.3.1.1. United Kingdom Network Virtualization Market Size and Forecast, By Product (2023-2030) 6.3.1.2. United Kingdom Network Virtualization Market Size and Forecast, By Component (2023-2030) 6.3.2. France 6.3.2.1. France Network Virtualization Market Size and Forecast, By Product (2023-2030) 6.3.2.2. France Network Virtualization Market Size and Forecast, By Component (2023-2030) 6.3.3. Germany 6.3.3.1. Germany Network Virtualization Market Size and Forecast, By Product (2023-2030) 6.3.3.2. Germany Network Virtualization Market Size and Forecast, By Component (2023-2030) 6.3.4. Italy 6.3.4.1. Italy Network Virtualization Market Size and Forecast, By Product (2023-2030) 6.3.4.2. Italy Network Virtualization Market Size and Forecast, By Component (2023-2030) 6.3.5. Spain 6.3.5.1. Spain Network Virtualization Market Size and Forecast, By Product (2023-2030) 6.3.5.2. Spain Network Virtualization Market Size and Forecast, By Component (2023-2030) 6.3.6. Sweden 6.3.6.1. Sweden Network Virtualization Market Size and Forecast, By Product (2023-2030) 6.3.6.2. Sweden Network Virtualization Market Size and Forecast, By Component (2023-2030) 6.3.7. Austria 6.3.7.1. Austria Network Virtualization Market Size and Forecast, By Product (2023-2030) 6.3.7.2. Austria Network Virtualization Market Size and Forecast, By Component (2023-2030) 6.3.8. Rest of Europe 6.3.8.1. Rest of Europe Network Virtualization Market Size and Forecast, By Product (2023-2030) 6.3.8.2. Rest of Europe Network Virtualization Market Size and Forecast, By Component (2023-2030) 7. Asia Pacific Network Virtualization Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Asia Pacific Network Virtualization Market Size and Forecast, By Product (2023-2030) 7.2. Asia Pacific Network Virtualization Market Size and Forecast, By Component (2023-2030) 7.3. Asia Pacific Network Virtualization Market Size and Forecast, by Country (2023-2030) 7.3.1. China 7.3.1.1. China Network Virtualization Market Size and Forecast, By Product (2023-2030) 7.3.1.2. China Network Virtualization Market Size and Forecast, By Component (2023-2030) 7.3.2. S Korea 7.3.2.1. S Korea Network Virtualization Market Size and Forecast, By Product (2023-2030) 7.3.2.2. S Korea Network Virtualization Market Size and Forecast, By Component (2023-2030) 7.3.3. Japan 7.3.3.1. Japan Network Virtualization Market Size and Forecast, By Product (2023-2030) 7.3.3.2. Japan Network Virtualization Market Size and Forecast, By Component (2023-2030) 7.3.4. India 7.3.4.1. India Network Virtualization Market Size and Forecast, By Product (2023-2030) 7.3.4.2. India Network Virtualization Market Size and Forecast, By Component (2023-2030) 7.3.5. Australia 7.3.5.1. Australia Network Virtualization Market Size and Forecast, By Product (2023-2030) 7.3.5.2. Australia Network Virtualization Market Size and Forecast, By Component (2023-2030) 7.3.6. Indonesia 7.3.6.1. Indonesia Network Virtualization Market Size and Forecast, By Product (2023-2030) 7.3.6.2. Indonesia Network Virtualization Market Size and Forecast, By Component (2023-2030) 7.3.7. Malaysia 7.3.7.1. Malaysia Network Virtualization Market Size and Forecast, By Product (2023-2030) 7.3.7.2. Malaysia Network Virtualization Market Size and Forecast, By Component (2023-2030) 7.3.8. Vietnam 7.3.8.1. Vietnam Network Virtualization Market Size and Forecast, By Product (2023-2030) 7.3.8.2. Vietnam Network Virtualization Market Size and Forecast, By Component (2023-2030) 7.3.9. Taiwan 7.3.9.1. Taiwan Network Virtualization Market Size and Forecast, By Product (2023-2030) 7.3.9.2. Taiwan Network Virtualization Market Size and Forecast, By Component (2023-2030) 7.3.10. Rest of Asia Pacific 7.3.10.1. Rest of Asia Pacific Network Virtualization Market Size and Forecast, By Product (2023-2030) 7.3.10.2. Rest of Asia Pacific Network Virtualization Market Size and Forecast, By Component (2023-2030) 8. Middle East and Africa Network Virtualization Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 8.1. Middle East and Africa Network Virtualization Market Size and Forecast, By Product (2023-2030) 8.2. Middle East and Africa Network Virtualization Market Size and Forecast, By Component (2023-2030) 8.3. Middle East and Africa Network Virtualization Market Size and Forecast, by Country (2023-2030) 8.3.1. South Africa 8.3.1.1. South Africa Network Virtualization Market Size and Forecast, By Product (2023-2030) 8.3.1.2. South Africa Network Virtualization Market Size and Forecast, By Component (2023-2030) 8.3.2. GCC 8.3.2.1. GCC Network Virtualization Market Size and Forecast, By Product (2023-2030) 8.3.2.2. GCC Network Virtualization Market Size and Forecast, By Component (2023-2030) 8.3.3. Nigeria 8.3.3.1. Nigeria Network Virtualization Market Size and Forecast, By Product (2023-2030) 8.3.3.2. Nigeria Network Virtualization Market Size and Forecast, By Component (2023-2030) 8.3.4. Rest of ME&A 8.3.4.1. Rest of ME&A Network Virtualization Market Size and Forecast, By Product (2023-2030) 8.3.4.2. Rest of ME&A Network Virtualization Market Size and Forecast, By Component (2023-2030) 9. South America Network Virtualization Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 9.1. South America Network Virtualization Market Size and Forecast, By Product (2023-2030) 9.2. South America Network Virtualization Market Size and Forecast, By Component (2023-2030) 9.3. South America Network Virtualization Market Size and Forecast, by Country (2023-2030) 9.3.1. Brazil 9.3.1.1. Brazil Network Virtualization Market Size and Forecast, By Product (2023-2030) 9.3.1.2. Brazil Network Virtualization Market Size and Forecast, By Component (2023-2030) 9.3.2. Argentina 9.3.2.1. Argentina Network Virtualization Market Size and Forecast, By Product (2023-2030) 9.3.2.2. Argentina Network Virtualization Market Size and Forecast, By Component (2023-2030) 9.3.3. Rest Of South America 9.3.3.1. Rest Of South America Network Virtualization Market Size and Forecast, By Product (2023-2030) 9.3.3.2. Rest Of South America Network Virtualization Market Size and Forecast, By Component (2023-2030) 10. Global Network Virtualization Market: Competitive Landscape 10.1. MMR Competition Matrix 10.2. Competitive Landscape 10.3. Key Players Benchmarking 10.3.1. Company Name 10.3.2. Service Segment 10.3.3. End-user Segment 10.3.4. Revenue (2023) 10.3.5. Company Locations 10.4. Leading Network Virtualization Market Companies, by Market Capitalization 10.5. Market Structure 10.5.1. Market Leaders 10.5.2. Market Followers 10.5.3. Emerging Players 10.6. Mergers and Acquisitions Details 11. Company Profile: Key Players 11.1. BMC 11.1.1. Company Overview 11.1.2. Business Portfolio 11.1.3. Financial Overview 11.1.4. SWOT Analysis 11.1.5. Strategic Analysis 11.1.6. Recent Developments 11.2. HP 11.3. IBM 11.4. Sun Microsystems 11.5. Microsoft 11.6. VMware 11.7. Cisco Systems 11.8. Oracle 11.9. Red Hat 11.10. Symantec 12. Key Findings 13. Industry Recommendations