Network Virtualization Market: By Type (Network, Desktop, Datacenter, Others), By Application (IT and telecommunication, BFSI, Defense, Government, Healthcare, Energy & utility, Others) and Geography  

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Network Virtualization Market size was estimated at USD 32.6 billion in 2022 and is poised to grow at a CAGR of 21.6% from 2023-2029. This report gives comprehensive outlook on network virtualization across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This gives historical, current, and future market sizes (US$ Mn) on the basis of type, application and region. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, this report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global network virtualization products. Increasing adoption of network virtualization by organizations worldwide, rising awareness about NV, high acceptance of cloud computing, rapid growth in the number of connected components and rapid investments for the commercialization of 5G networks are some key factors influencing the market growth. However, factors such as few service providers for network virtualization and its nascent adoption stage are hindering the market growth.

Global Network Virtualization Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

21.6%

Largest Market

Asia Pacific

Fastest Growing Market

North America
Network Virtualization Market Dynamics

Virtualization technology offers a unique opportunity for organizations to improve efficiency and scalability and reduce overall operational costs and complexity. It provides an efficient way to centrally manage network resources, simplifying provisioning and maintenance tasks. Virtual Networks attempt to better utilize networking infrastructure by reusing individual routers or links (i.e., either physical or logical networking resource) for multiple concurrent network instances, or to aggregate multiple such resources to obtain increased capabilities. The technology is adopted by organizations worldwide because it is easier to manage and helps in reducing the time required for an administrator to perform a task. It therefore helps in improving efficiency, productivity, and job satisfaction by the virtue of automation. Furthermore, network virtualization also helps in reducing complexity of any network.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market  and forecast.
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

Global Network Virtualization Market Segmentation

By Type
  • Network
  • Desktop
  • Datacenter
  • Others
By Application
  • IT and telecommunication
  • BFSI
  • Defense
  • Government
  • Healthcare
  • Energy & utility
  • Others
By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

Frequently Asked Questions

The key segments covered in the network virtualization market are: by type, application, and geography

The network virtualization market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

The network virtualization market size was valued at USD 32.6 billion in 2022

Table of Content

  1. Executive Summary
  2. Global Network Virtualization Market Introduction
    • Global Network Virtualization Market Taxonomy
    • Global Network Virtualization Market Definitions
      • Type
      • Application
  1. Global Network Virtualization Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Network Virtualization Market Dynamic Factors - Impact Analysis
    • Global Network Virtualization Market Competition Landscape
  2. Global Network Virtualization Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Network Virtualization Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Network
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Desktop
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Datacenter
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Network Virtualization Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029
    • IT and telecommunication
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • BFSI
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Defense
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Government
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Healthcare
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Energy & utility
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Network Virtualization Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Network Virtualization Market - Opportunity Analysis Index, By Type, Application and Region, 2023 - 2029
  2. North America Network Virtualization Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Network
      • Desktop
      • Datacenter
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • IT and telecommunication
      • BFSI
      • Defense
      • Government
      • Healthcare
      • Energy & utility
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Network Virtualization Market - Opportunity Analysis Index, By Type, Application and Country, 2023 - 2029
    • North America Network Virtualization Market Dynamics Trends
  3. Europe Network Virtualization Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Network
      • Desktop
      • Datacenter
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • IT and telecommunication
      • BFSI
      • Defense
      • Government
      • Healthcare
      • Energy & utility
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Network Virtualization Market - Opportunity Analysis Index, By Type, Application and Country, 2023 - 2029
    • Europe Network Virtualization Market Dynamics Trends
  4. Asia-Pacific Network Virtualization Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Network
      • Desktop
      • Datacenter
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • IT and telecommunication
      • BFSI
      • Defense
      • Government
      • Healthcare
      • Energy & utility
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Network Virtualization Market - Opportunity Analysis Index, By Type, Application and Country, 2023 - 2029
    • Asia-Pacific Network Virtualization Market Dynamics Trends
  5. Latin America Network Virtualization Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Network
      • Desktop
      • Datacenter
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • IT and telecommunication
      • BFSI
      • Defense
      • Government
      • Healthcare
      • Energy & utility
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Network Virtualization Market - Opportunity Analysis Index, By Type, Application and Country, 2023 - 2029
    • Latin America Network Virtualization Market Dynamics Trends
  6. Middle East and Africa Network Virtualization Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Network
      • Desktop
      • Datacenter
      • Others
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • IT and telecommunication
      • BFSI
      • Defense
      • Government
      • Healthcare
      • Energy & utility
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Network Virtualization Market - Opportunity Analysis Index, By Type, Application and Country, 2023 - 2029
    • MEA Network Virtualization Market Dynamics Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key
      • BMC
      • Cisco Systems
      • HP
      • IBM
      • Microsoft
      • Oracle
      • Red Hat
      • Sun Microsystems
      • Symantec
      • Vmware
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • BMC
  • Cisco Systems
  • HP
  • IBM
  • Microsoft
  • Oracle
  • Red Hat
  • Sun Microsystems
  • Symantec
  • Vmware

Adjacent Markets