Technological Advancements to Accelerate Growth in Global Network Function Virtualization Market

TMR | April 05, 2019

Increasing demand for networking services is likely to expand the global network function virtualization market. Growing internet penetration, higher use of smart devices including smartphones, tablets, and other devices fueled the need for advanced networking services such as network function virtualization. Moreover, the mobile sector requires more data-intensive applications along with better network capacity to meet customer requirements. This factor will also fuel growth in the global network function virtualization market. Adding further, technological advancements and usage of switches, routers, optical transport, and mobile edges, due to enhanced performance and lowering costs will further boost the global network function virtualization market in the coming years. There are also high chances that network function virtualization might replace traditional network functions such as DHCP, DNS, and IPAM on the account of improved performance of telecom service providers. Moreover, deployment of network function virtualization will bring a structural change in the way a telecommunication infrastructure. It will further bring a considerable change in the manner applications are delivered to the service providers.

Spotlight

Network automation is becoming increasingly important for organizations of any size that are striving to make their IT infrastructure more agile, reliable and cost-efficient. While companies of all sizes have embraced server and storage virtualization, the network typically has not kept pace. In many cases, network provisioning and management are still handled by manual processes that slow down deployments, increase overhead costs and add risk in the form of human error.

Spotlight

Network automation is becoming increasingly important for organizations of any size that are striving to make their IT infrastructure more agile, reliable and cost-efficient. While companies of all sizes have embraced server and storage virtualization, the network typically has not kept pace. In many cases, network provisioning and management are still handled by manual processes that slow down deployments, increase overhead costs and add risk in the form of human error.

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Red Hat | November 23, 2022

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Denodo | September 09, 2022

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Verizon | October 19, 2022

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