Virtual CPE Market- Overview:
The major growth driver of Virtual CPE Market includes growing adoption of virtual CPE network infrastructure, growing adoption of internet technologies and growing need of enterprise mobility market among others. , Market Research Future projected an exceptional CAGR of 43% during the forecast period of 2016 to 2022. Additionally, MRFR has found in its market study that the global amrket is expected to reach an estimated evaluation of USD 3 Bn by the end of 2022.
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The virtual customer premises equity (CPE) market is gaining traction with the industry becoming more reliant on digitalized processes. Conventional data delivery and network services need hardware devices, whereas, virtual service does not require any hardware device. Its premise is set with software devices and virtualization tools that can assist in the replication of routing, provide firewall security, and create a virtual private network. The global virtual CPE market is all set to hurdle past a valuation of USD 2.6 billion with a stellar 27% CAGR during the forecast period (2017-2023). Reports of the Market Research Future (MRFR) further elaborates that the companies can gain much from this virtualization as it eases the connectivity procedure and allows remote connectivity. But what lures most of the companies is its cost-effective pricing. In addition, it can reduce the traffic network load as well. Increasing internet adoption to mobilize operating system can also propel the virtual CPE market growth. At the same time, companies are now opting for personal clouds which can provide them with much opportunities and functional ease.
Despite such large-scale adoption of the personal cloud technology, the growth of the virtual CPE market can dwindle any moment. Cloud-based information always has the chance of getting hacked by online hackers which can reveal personal identity and information of many.
Virtual CPE Market- Competitive Landscape:
Leadingcompanies in the virtual CPE market are virtual NEC Corporation (Japan), Orange Business Services (The Netherlands), Qosmos (France), Verizon Wireless (U.S.), Cisco Systems, Inc (U.S.), Ericsson AB (Sweden), AT&T, Inc (U.S.), CPE include Intel Corporation (U.S.), International Business Machines, Corporation (U.S.), Dell, Inc (U.S.), and others.
Among the other enterprises Juniper Brocade Communications System, Inc (U.S.), Hewlett Packard Enterprises (HPE) (U.S.), Arista Networks, Inc (U.S.),Inc. (U.S.), ADVA Optical Networking SE (GermanyVersa Networks), Huawei Technologies Co., Ltd (China), RAD Data Communications (Israel), Ciena Corporation (U.S.), Networks, Inc (U.S.), Lanner Electronics Incorporated. (Taiwan), Accedian Networks Inc. (Canada), Fortinet Inc. (U.S.), Anuta Networks (U.S.), F5 Networks, Inc (U.S.), Criterion Networks, Inc (U.S.), ALTEN Calsoft Labs (U.S.), Cloudify Platform Ltd (U.S.), are doing a remarkable job.
Virtual CPE Market- Segmentation:
The virtual CPE Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by deployment models: Comprises Classic CPE model and cloud hosted CPE model among others.
Segmentation by services: Comprises Routing, Security, VPN, NAT, WAN optimization and access control among others.
Segmentation by application: Comprises Enterprises (Small/Medium) and Residential among others.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
Virtual CPE Market- Regional Analysis:
Region-specific segmentation of the virtual CPE market includes North America, Europe, Asia Pacific (APAC) and Rest-of-the-World (RoW).
North America is dominating the global market,and its endeavors in building a robust infrastructure to support services can be considered the chief driving factor. At the same time, the region has the backup of superior technology and the tendency to adopt cloud technology. Europe has similar features. Governments in both the region are investing hard to make the sector flourish. Private sectors are also promoting the market well by investing abundantly. In addition, most of the market behemoths are of this region which gives traction to the market. Geographically, North-America accounted for the largest market share in the global virtual customer premises equipment market whereas Asia-Pacific region is expected to grow at a fast pace over the forecast period 2016-2022.
The APAC market is expected to show substantial growth during the forecast period. Emerging economies are showing their eagerness to adopt the technology to ensure a smoother workflow. Countries such as Japan and China are technologically superior and are substantially contributing to the regional market prosperity.
Updated News about Virtual CPE Market
In November 2018, Citrix acquired Sapho to better their workspace app by providing a better experience for mobile devices and desktops. The acquisition would improve Citrix’s cloud solution as well which can impact virtual CPE positioning.
In August 2018, Nutanix bought Mainframe2 of France, a cloud-based desktop virtualization company. The acquisition would facilitate the operations of Amazon Web Services and Microsoft Allure. It aims to integrate the Google cloud platform and other hybrid clouds as well.
Feb. 2017 - Mellanox Technologies, Ltd., a leading supplier of high-performance, end-to-end smart interconnect solutions for data center servers and storage systems, and ECI, a global provider of ELASTIC Network solutions, introduced an advanced virtual Customer Premises Equipment (vCPE) platform. The advanced platform delivers industry-leading performance and efficiency, readying global communication service providers for cost-effective Network Function Virtualization (NFV) deployment. The joint solution is based on ECI’s Mercury NFVi platform and uCPE solution accelerated by Mellanox’s powerful Indigo™ network processor which is capable of over 400Gb/s of L2-L7 advanced packet processing.
May. 2017 - Cloudify announced the launch of a new open virtual customer premises equipment (vCPE) to provide organizations and vendors with a framework to build custom vCPE to configure and on-board new virtual network functions (VNFs) quickly and at a low cost. The configuration framework, simplified VNF on-boarding, open, and multi-tenant service portal allows organizations to configure and deploy custom built network service chains.
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TABLE OF CONTENTS
1 Market Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
- Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
LIST OF TABLES
Table 1 Global Virtual Customer Premises Equipment Market, By Solutions
Table 2 Global Virtual Customer Premises Equipment Market, By Services
Table 3 Global Virtual Customer Premises Equipment Market, By End-Users
Table 4 Global Virtual Customer Premises Equipment Market, By Geography
Table 5 North America Virtual Customer Premises Equipment Market, By Solutions
LIST OF FIGURES
Figure 1 Research Services
Figure 2 Global Virtual Customer Service Premises Equipment Market, By Solutions (%)
Figure 3 Global Virtual Customer Service Premises Equipment Market, By Services (%)
Figure 4 Global Virtual Customer Service Premises Equipment Market, By End-Users (%)
Figure 5 Global Virtual Customer Service Premises Equipment Market, By Regions (%)
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