DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/cwdp8n/the_sdn_nfv_and) has announced the addition of Signals and Systems Telecom's new report "The SDN, NFV & Network Virtualization Bible: 2014 - 2020" to their offering.
Network Functions Virtualization (NFV) is service provider led initiative aimed at virtualizing network components in a service provider network. While NFV is still a developing technology with its first set of specifications published in October 2013, many vendors have already developed commercial-grade solutions that align well with the NFV initiative.
Driven by the thriving ecosystem, this research estimates that the SDN, NFV and network virtualization market will account for nearly $4 Billion in 2014 alone. Despite barriers relating to standardization and co-existence with legacy networks, further growth at a CAGR of nearly 60% over the next 6 years is expected.
This report presents an in-depth assessment of the global SDN, NFV and network virtualization market. In addition to covering underlying technology, key market drivers, challenges, future roadmap, value chain analysis, use cases, deployment case studies, expert interviews, company profiles, product strategies and strategic recommendations, the report also presents comprehensive forecasts for the market from 2013 till 2020. Historical revenue figures for 2010 - 2012 are also presented. The forecasts and historical revenue figures are individually segmented for 3 individual submarkets, 2 user base categories, 7 use case categories, 6 geographical regions and 34 countries.
The report comes with an associated Excel datasheet covering quantitative data from all figures presented within the report.
Summary of Key Findings
- Driven by the thriving ecosystem, it is estimated that the SDN, NFV and network virtualization market will account for nearly $4 Billion in 2014 alone. Further growth at a CAGR of nearly 60% over the next 6 years is expected.
- By 2017 the author expects to see significant price and gross margin erosion for traditional hardware-based network switching equipment driven by alternative software based solutions.
- By 2020 it is forecast that SDN and NFV can enable service providers (both wireline and wireless) to save up to $32 Billion in annual CapEx investments.
For more information visit http://www.researchandmarkets.com/research/cwdp8n/the_sdn_nfv_and
Source: Signals and Systems Telecom
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