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Network Function Virtualization Global Market Report 2025
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Global Network Function Virtualization Market Report 2025

Report Price : $4490.00

Pages : 200

Format : PDF

Published : January 2025

Delivery Time : 2-3 Business Days

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Network Function Virtualization Global Market Report 2025

By Component (Solutions, Orchestration And Automation, Services), By Infrastructure (Hardware Resources, Virtualized Resources), By Application (Virtual Appliance, Core Network), By End User (Service Providers, Data Centers, Enterprises) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Network Function Virtualization Market Overview

• Network Function Virtualization market size has reached to $26.31 billion in 2024

• Expected to grow to $68.98 billion in 2029 at a compound annual growth rate (CAGR) of 21.9%

• Growth Driver: Cloud-Based Services Fueling Network Function Virtualization Market Growth

• Market Trend: Embracing Technological Advancements In The Network Function Virtualization Market

• North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Network Function Virtualization Market?

Network Function Virtualization (NFV) is a transformative approach that decouples network services from proprietary hardware, enabling them to run as software on standard servers. This shift allows for greater flexibility and efficiency in managing network functions, as service providers can deploy and scale applications more rapidly to meet changing demands.

The main types of components in network function virtualization are solutions, orchestration and automation, and services. Solutions refer to a unique system that combines people, processes, information, and technologies to support a set of business or technical capabilities that solve one or more business problems. Solution providers are hired by various industries to solve business problems. The infrastructure utilized consists of hardware resources and virtualized resources. The different applications include virtual appliances and Core Networks and are employed by several end users such as service providers, data centers, and enterprises.

Network Function Virtualization Market Size and growth rate 2025 to 2029: Graph

What Is The Network Function Virtualization Market Size 2025 And Growth Rate?

The network function virtualization market size has grown rapidly in recent years. It will grow from $26.31 billion in 2024 to $31.23 billion in 2025 at a compound annual growth rate (CAGR) of 18.7%. The growth in the historic period can be attributed to need for cost reduction in network infrastructure, demand for scalability and flexibility, advances in virtualization technologies, growth in data traffic and network complexity, transition to software-defined networking (SDN).

What Is The Network Function Virtualization Market Growth Forecast?

The network function virtualization market size is expected to see exponential growth in the next few years. It will grow to $68.98 billion in 2029 at a compound annual growth rate (CAGR) of 21.9%. The growth in the forecast period can be attributed to focus on edge computing, increased demand for network automation, emphasis on network security in virtualized environments, reduction in capital and operating costs, optimization of networks and related processes. Major trends in the forecast period include containerization in NFY deployments, network slicing for customized services, multi-vendor NFY solutions and interoperability, integration of NFY with cloud-native technologies, dynamic orchestration for service agility.

The forecast of 21.9% growth over the next five years reflects a modest reduction of 0.4% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. Rising tariffs on foreign-built server infrastructure and storage systems could affect the US deployment of network function virtualization platforms, resulting in reduced scalability and increased operational costs. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Information Technology Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the information technology sector, particularly in hardware manufacturing, data infrastructure, and software deployment. Higher duties on imported semiconductors, circuit boards, and networking equipment have raised production and operational costs for tech firms, cloud service providers, and data centers. Companies relying on globally sourced components for laptops, servers, and consumer electronics are facing longer lead times and increased pricing pressures. In parallel, tariffs on specialized software tools and retaliatory measures from key international markets have disrupted global IT supply chains and reduced overseas demand for U.S.-developed technologies. To navigate these challenges, the sector is accelerating investments in domestic chip fabrication, diversifying supplier bases, and adopting AI-driven automation to enhance operational resilience and cost efficiency.

How Is The Network Function Virtualization Market Segmented?

1) By Component: Solutions, Orchestration And Automation, Services

2) By Infrastructure: Hardware Resources, Virtualized Resources

3) By Application: Virtual Appliance, Core Network

4) By End User: Service Providers, Data Centers, Enterprises

Subsegments:

1) By Solutions: Virtualized Network Functions (VNFs), Virtual Routers, Virtual Firewalls, Load Balancers, Network Analytics Solutions

2) By Orchestration And Automation: Network Orchestration Tools, Service Orchestration Platforms, Policy Management Solutions, Automation Frameworks

3) By Services: Consulting Services, Integration And Implementation Services, Support And Maintenance Services, Training And Education Services

What Is Driving The Network Function Virtualization Market? Cloud-Based Services Fueling Network Function Virtualization Market Growth

Increasing demand for cloud-based services is significantly contributing to the growth of the network function virtualization market going forward. Cloud refers to servers that are provided over the Internet and the software and databases that run on those servers. Network operators can get new network services dynamically using cloud solutions rather than installing new hardware. For instance, according to the 2022 State of the Cloud Report by Flexera, a US-based software company which surveyed 753 technical professionals, revealed that overall small to midsized businesses (SMBs) cloud spend had grown substantially to 53% reaching $1.2 million spend annually in 2022, which was up from 38% in 2021.Therefore, the increase in demand for cloud-based services is driving the network function virtualization industry growth.

What Is Driving The Network Function Virtualization Market? IoT Device Adoption Fuels Network Function Virtualization Market Growth

The rising popularity of Internet of Things (IoT) Devices is expected to propel the growth of the network function virtualization market going forward. IoT devices refer to physical objects or devices that are embedded with sensors, software, and connectivity capabilities to collect and exchange data over the internet. Internet of Things (IoT) devices use network function virtualization in remote management, configuration, and creation of service chains in a specific order to process Internet of Things (IoT data effectively. For instance, in April 2022, according to CRO Forum,2022, highlights, a Netherlands based high level discussion group of risk manager published IoT risks from an insurance perspective report, it is anticipated that it would reach to 24.1 billion IoT devices by 2030. Additionally, in March 2023, according to Exploding Topics, a US-based online platform that provides insights into emerging and trending topics, by 2030, it is anticipated that there will be 25.4 billion IoT devices. Therefore, the rising popularity of adoption of Internet of Things (IoT) Devices is driving the growth of the network function virtualization industry.

Who Are The Major Players In The Global Network Function Virtualization Market?

Major companies operating in the network function virtualization market include Cisco Systems Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., Nokia Corporation, Hewlett Packard Enterprise Company, Dell Technologies Inc., Juniper Networks Inc., Affirmed Networks Inc., NEC Corporation, Ribbon Communications Operating Company Inc., ZTE Corporation, Fujitsu Limited, Ciena Corporation, Amdocs Limited, Mavenir Systems Inc., Radisys Corporation, Accenture plc, ECI Telecom Ltd., Wind River Systems Inc., Comba Telecom Systems Holdings Ltd., Intel Corporation, Redline Communications Group Inc., Arista Networks Inc., Broadcom Inc., F5 Networks Inc., Fortinet Inc.

What Are The Key Trends Of The Global Network Function Virtualization Market? Embracing Technological Advancements In The Network Function Virtualization Market

Technological advancements have emerged as a key trend gaining popularity in the network function virtualization market. Major companies operating in the NFV sector are focused on developing the latest technologies to sustain their position in the market. For instance, in February 2022, Mobileum, a US-based telecom analytics company, and VoerEir, a Sweden-based cloud technology company, partnered to create a powerful test platform for network function virtualization infrastructure. The combination of Mobileum's SITE active test solution and VoerEir's Touchstone test suite provides a vertically integrated solution that allows communication service providers to fully automate testing of services from the lab to the live network, as well as virtual and cloud-native network functions.

What Are The Key Trends Of The Global Network Function Virtualization Market? Innovative Advancements In Network Function Virtualization

Major companies operating in the network function virtualization market are innovating new technological products, such as ATBeX NFV Service, to increase their profitability in the market. ATBeX NFV Service is a network virtual appliance service designed to build a virtualized infrastructure for network functions. For instance, in November 2022, AT TOKYO Corporation, a Japan-based data center company, and Uniadex Ltd., a Japan-based IT company, launched ATBeX NFV Service. ATBeX NFV Service is a collaborative network function virtualization service that provides SD-WAN, router, and firewall functions on a virtual appliance. It enables access to multiple providers and services through a single physical port or line and provides connections to a wide range of services, such as cloud computing and the Internet.

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Network Function Virtualization Market Merger And Acquisition: BMC Acquired Netreo

In April 2024, BMC, a US-based company specializes in IT management solutions, offering a range of products for automation, performance management, and service management across various industries acquired Netro for an undisclosed amount. BMC aims to acquire Netreo to enhance its network function virtualization capabilities and improve its IT management solutions, allowing for better performance monitoring and optimization of network services for clients. Netreo is a US-based company specializes in network performance monitoring and management solutions, focusing on helping businesses optimize their IT infrastructure and operations.

Regional Outlook For The Global Network Function Virtualization Market

North America was the largest region in the network function virtualization market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

What Defines the Network Function Virtualization Market?

The network function virtualization (NFV) market consists of revenues earned by entities by providing virtual network functions such as tunneling gateway elements, signaling and switching. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Network Function Virtualization Industry?

The network function virtualization market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the network function virtualization industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Network Function Virtualization Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $31.23 billion
Revenue Forecast In 2034 $68.98 billion
Growth Rate CAGR of 21.9% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Component: Solutions, Orchestration And Automation, Services
2) By Infrastructure: Hardware Resources, Virtualized Resources
3) By Application: Virtual Appliance, Core Network
4) By End User: Service Providers, Data Centers, Enterprises Subsegments: 1) By Solutions: Virtualized Network Functions (VNFs), Virtual Routers, Virtual Firewalls, Load Balancers, Network Analytics Solutions
2) By Orchestration And Automation: Network Orchestration Tools, Service Orchestration Platforms, Policy Management Solutions, Automation Frameworks
3) By Services: Consulting Services, Integration And Implementation Services, Support And Maintenance Services, Training And Education Services
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Cisco Systems Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., Nokia Corporation, Hewlett Packard Enterprise Company, Dell Technologies Inc., Juniper Networks Inc., Affirmed Networks Inc., NEC Corporation, Ribbon Communications Operating Company Inc., ZTE Corporation, Fujitsu Limited, Ciena Corporation, Amdocs Limited, Mavenir Systems Inc., Radisys Corporation, Accenture plc, ECI Telecom Ltd., Wind River Systems Inc., Comba Telecom Systems Holdings Ltd., Intel Corporation, Redline Communications Group Inc., Arista Networks Inc., Broadcom Inc., F5 Networks Inc., Fortinet Inc.
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Table Of Contents

1. Executive Summary

2. Network Function Virtualization Market Characteristics

3. Network Function Virtualization Market Trends And Strategies

4. Network Function Virtualization Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Network Function Virtualization Growth Analysis And Strategic Analysis Framework

5.1. Global Network Function Virtualization PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Network Function Virtualization Market Growth Rate Analysis

5.4. Global Network Function Virtualization Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Network Function Virtualization Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Network Function Virtualization Total Addressable Market (TAM)

6. Network Function Virtualization Market Segmentation

6.1. Global Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Solutions

Orchestration And Automation

Services

6.2. Global Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Hardware Resources

Virtualized Resources

6.3. Global Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Virtual Appliance

Core Network

6.4. Global Network Function Virtualization Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Service Providers

Data Centres

Enterprises

6.5. Global Network Function Virtualization Market, Sub-Segmentation Of Solutions, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Virtualized Network Functions (VNFs)

Virtual Routers

Virtual Firewalls

Load Balancers

Network Analytics Solutions

6.6. Global Network Function Virtualization Market, Sub-Segmentation Of Orchestration And Automation, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Network Orchestration Tools

Service Orchestration Platforms

Policy Management Solutions

Automation Frameworks

6.7. Global Network Function Virtualization Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Consulting Services

Integration And Implementation Services

Support And Maintenance Services

Training And Education Services

7. Network Function Virtualization Market Regional And Country Analysis

7.1. Global Network Function Virtualization Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Network Function Virtualization Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Network Function Virtualization Market

8.1. Asia-Pacific Network Function Virtualization Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Network Function Virtualization Market

9.1. China Network Function Virtualization Market Overview

9.2. China Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Network Function Virtualization Market

10.1. India Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Network Function Virtualization Market

11.1. Japan Network Function Virtualization Market Overview

11.2. Japan Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Network Function Virtualization Market

12.1. Australia Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Network Function Virtualization Market

13.1. Indonesia Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Network Function Virtualization Market

14.1. South Korea Network Function Virtualization Market Overview

14.2. South Korea Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Network Function Virtualization Market

15.1. Western Europe Network Function Virtualization Market Overview

15.2. Western Europe Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Network Function Virtualization Market

16.1. UK Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Network Function Virtualization Market

17.1. Germany Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Network Function Virtualization Market

18.1. France Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Network Function Virtualization Market

19.1. Italy Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Network Function Virtualization Market

20.1. Spain Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Network Function Virtualization Market

21.1. Eastern Europe Network Function Virtualization Market Overview

21.2. Eastern Europe Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Network Function Virtualization Market

22.1. Russia Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Network Function Virtualization Market

23.1. North America Network Function Virtualization Market Overview

23.2. North America Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Network Function Virtualization Market

24.1. USA Network Function Virtualization Market Overview

24.2. USA Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Network Function Virtualization Market

25.1. Canada Network Function Virtualization Market Overview

25.2. Canada Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Network Function Virtualization Market

26.1. South America Network Function Virtualization Market Overview

26.2. South America Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Network Function Virtualization Market

27.1. Brazil Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Network Function Virtualization Market

28.1. Middle East Network Function Virtualization Market Overview

28.2. Middle East Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Network Function Virtualization Market

29.1. Africa Network Function Virtualization Market Overview

29.2. Africa Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Network Function Virtualization Market Competitive Landscape And Company Profiles

30.1. Network Function Virtualization Market Competitive Landscape

30.2. Network Function Virtualization Market Company Profiles

30.2.1. Cisco Systems Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Telefonaktiebolaget LM Ericsson Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Huawei Technologies Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Nokia Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Hewlett Packard Enterprise Company Overview, Products and Services, Strategy and Financial Analysis

31. Network Function Virtualization Market Other Major And Innovative Companies

31.1. Dell Technologies Inc.

31.2. Juniper Networks Inc.

31.3. Affirmed Networks Inc.

31.4. NEC Corporation

31.5. Ribbon Communications Operating Company Inc.

31.6. ZTE Corporation

31.7. Fujitsu Limited

31.8. Ciena Corporation

31.9. Amdocs Limited

31.10. Mavenir Systems Inc.

31.11. Radisys Corporation

31.12. Accenture plc

31.13. ECI Telecom Ltd.

31.14. Wind River Systems Inc.

31.15. Comba Telecom Systems Holdings Ltd.

32. Global Network Function Virtualization Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Network Function Virtualization Market

34. Recent Developments In The Network Function Virtualization Market

35. Network Function Virtualization Market High Potential Countries, Segments and Strategies

35.1 Network Function Virtualization Market In 2029 - Countries Offering Most New Opportunities

35.2 Network Function Virtualization Market In 2029 - Segments Offering Most New Opportunities

35.3 Network Function Virtualization Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Network Function Virtualization Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Network Function Virtualization Market, Sub-Segmentation Of Solutions, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Network Function Virtualization Market, Sub-Segmentation Of Orchestration And Automation, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Network Function Virtualization Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Network Function Virtualization Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Network Function Virtualization Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Cisco Systems Inc. Financial Performance
  • Table 79: Telefonaktiebolaget LM Ericsson Financial Performance
  • Table 80: Huawei Technologies Co. Ltd. Financial Performance
  • Table 81: Nokia Corporation Financial Performance
  • Table 82: Hewlett Packard Enterprise Company Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Network Function Virtualization Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Network Function Virtualization Market, Sub-Segmentation Of Solutions, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Network Function Virtualization Market, Sub-Segmentation Of Orchestration And Automation, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Network Function Virtualization Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Network Function Virtualization Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Network Function Virtualization Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Network Function Virtualization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Network Function Virtualization Market, Segmentation By Infrastructure, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Network Function Virtualization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Cisco Systems Inc. Financial Performance
  • Figure 79: Telefonaktiebolaget LM Ericsson Financial Performance
  • Figure 80: Huawei Technologies Co. Ltd. Financial Performance
  • Figure 81: Nokia Corporation Financial Performance
  • Figure 82: Hewlett Packard Enterprise Company Financial Performance

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Frequently Asked Questions

Network Function Virtualization (NFV) is a transformative approach that decouples network services from proprietary hardware, enabling them to run as software on standard servers. This shift allows for greater flexibility and efficiency in managing network functions, as service providers can deploy and scale applications more rapidly to meet changing demands. For further insights on this market, request a sample here

The market major growth driver - Cloud-Based Services Fueling Network Function Virtualization Market Growth. For further insights on this market, request a sample here

The network function virtualization market size has grown rapidly in recent years. It will grow from $26.31 billion in 2024 to $31.23 billion in 2025 at a compound annual growth rate (CAGR) of 18.7%. The growth in the historic period can be attributed to need for cost reduction in network infrastructure, demand for scalability and flexibility, advances in virtualization technologies, growth in data traffic and network complexity, transition to software-defined networking (SDN). The network function virtualization market size is expected to see exponential growth in the next few years. It will grow to $68.98 billion in 2029 at a compound annual growth rate (CAGR) of 21.9%. The growth in the forecast period can be attributed to focus on edge computing, increased demand for network automation, emphasis on network security in virtualized environments, reduction in capital and operating costs, optimization of networks and related processes. Major trends in the forecast period include containerization in NFY deployments, network slicing for customized services, multi-vendor NFY solutions and interoperability, integration of NFY with cloud-native technologies, dynamic orchestration for service agility. For further insights on this market, request a sample here

The network function virtualizationmarket covered in this report is segmented –
1) By Component: Solutions, Orchestration And Automation, Services
2) By Infrastructure: Hardware Resources, Virtualized Resources
3) By Application: Virtual Appliance, Core Network
4) By End User: Service Providers, Data Centers, Enterprises Subsegments:
1) By Solutions: Virtualized Network Functions (VNFs), Virtual Routers, Virtual Firewalls, Load Balancers, Network Analytics Solutions
2) By Orchestration And Automation: Network Orchestration Tools, Service Orchestration Platforms, Policy Management Solutions, Automation Frameworks
3) By Services: Consulting Services, Integration And Implementation Services, Support And Maintenance Services, Training And Education Services For further insights on this market, request a sample here

North America was the largest region in the network function virtualization market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the network function virtualization market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on this market, request a sample here.

Major companies operating in the network function virtualization market include Cisco Systems Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., Nokia Corporation, Hewlett Packard Enterprise Company, Dell Technologies Inc., Juniper Networks Inc., Affirmed Networks Inc., NEC Corporation, Ribbon Communications Operating Company Inc., ZTE Corporation, Fujitsu Limited, Ciena Corporation, Amdocs Limited, Mavenir Systems Inc., Radisys Corporation, Accenture plc, ECI Telecom Ltd., Wind River Systems Inc., Comba Telecom Systems Holdings Ltd., Intel Corporation, Redline Communications Group Inc., Arista Networks Inc., Broadcom Inc., F5 Networks Inc., Fortinet Inc. . For further insights on this market, request a sample here.

Major trends in this market include Embracing Technological Advancements In The Network Function Virtualization Market. For further insights on this market, request a sample here.

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Global Network Function Virtualization Market Report 2025

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