Mobile network operators in Asia Pacific are actively embarking on the journey of network virtualization. This is driven by the requirement to reduce expenditure, generate new revenue stream and improve operational efficiency. ABI Research’s view is that the CAGR for NFV market in Asia-Pacific will reach 51.4% from 2017 to 2022. This report investigates the issues that operators and equipment vendors face, market timing and forecast for the NFV market in Asia Pacific. The five major telcos are presented in this report, with their virtualization efforts and strategies discussed and presented.