Analysts gawp at network function virtualization through rose-tinted specs

RICHARD CHIRGWIN | August 29, 2018

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Professional prognosticator IDC has woken up to the network function virtualization (NFV) market and decided that service orchestration is the place to be. Giants like AT&T and Verizon have long shown interest in virtualizing their infrastructure, but wider market activity has remained relatively sober with global sales worth a mere $564m in 2017, IDC said. However, the abacus fondler has the market piling on bulk at a swift rate: IDC predicted a compound annual growth rate (CAGR) of more than 58 per cent between 2017 and 2022 to hit $5.6bn.The analyst used the European Telecommunications Standards Institute (ETSI) definitions to segment the NFV market: software-defined compute; networking; storage; management; and orchestration. Of these, orchestration will ramp the fastest but you'll just have to take IDC's word for it – it hasn't put a figure on how big NFV orchestration is currently or applied growth percentages. For that you'll have to pay $4,500 for the full report.

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