The Coming of Age of NFV-based Virtual Network Services

The Coming of Age of NFV-based Virtual Network Services

COVID-19 Forces Businesses to Re-evaluate Their WAN Virtualization Strategies

RELEASE DATE
24-May-2021
REGION
North America
Deliverable Type
Market Research
Research Code: K5E4-01-00-00-00
SKU: TE04013-NA-MT_25455
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Description

As businesses embrace SD-WAN, they are quickly realizing that a holistic approach to enterprise WAN virtualization is critical, and several aspects of traditional WAN edge or branch infrastructure will need to change to make the WAN truly agileNFV-based virtual network services have been available in the market since 2016, with slow market adoption due to several factors: high cost of the uCPE, complexities involved in service chaining and orchestrating multiple virtual network functions (VNFs) across multiple domains, lack of clear understanding among network decision makers on the true value of uCPE approach, to list a few. However, virtual network services have evolved greatly in the last couple of years to address the past challenges, and now offer several benefits over previous offerings. In this report, we look at the market trends driving the need for virtual network services and the revenue growth potential it holds, and summarize key service provider offerings.

Author: Roopashree Honnachari

As businesses embrace SD-WAN, they are quickly realizing that a holistic approach to enterprise WAN virtualization is critical, and several aspects of traditional WAN edge or branch infrastructure will need to change to make the WAN truly agileNFV-based virtual network services have been available in the market since 2016, with slow market adoption due to several factors: high cost of the uCPE, complexities involved in service chaining and orchestrating multiple virtual network functions (VNFs) across multiple domains, lack of clear understanding among network decision makers on the true value of uCPE approach, to list a few. However, virtual network services have evolved greatly in the last couple of years to address the past challenges, and now offer several benefits over previous offerings. In this report, we look at the market trends driving the need for virtual network services and the revenue growth potential it holds, and summarize key service provider offerings. Author: Roopashree Honnachari
More Information
Deliverable Type Market Research
No Index No
Podcast No
Industries Telecom
WIP Number K5E4-01-00-00-00
Is Prebook No
GPS Codes 9705-C1,9655