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Data

Network Functions Virtualization Tracker and Forecasts

2Q 2017 | | Updated Semianually

This market data report provides critical data on global revenues and forecasts of key NFV market segments until 2022. The NFV market segmentation categories include solution type, framework, and geography. The categorical market tracking and forecast is presented for the following sub-segments:

  • Solution Type: Hardware, Software, and Services
  • Framework: NFVI, VNFs, MANO
  • Geography: North America (U.S., Canada, Mexico), Europe (Western and Eastern), APAC (Japan, China, Korea, and others), and Rest of World (the Middle East, Africa, and Latin America)

The presented trends are based on information gathered in published data, contract reference documents, and in-depth secondary data analysis in conjunction ...

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Reports

Insights

U.S. Leads NFV Market but Not for Long

2Q 2017 | IN-4580

ABI Research expects that the U.S. will lead the global network function virtualization (NFV) market for the next five years in terms of deployments and vendor opportunities, making the North American region the most prominent for NFV forecasts. Additionally, ABI Research expects the U.S. NFV market to reach 10.3 billion in 2022, with a CAGR of 48% between 2017 and 2022. AT&T has been vocal about its network virtualization plans in Mexico and Canada, and is planning to upgrade 75% of its network with NFV technology by 2020. Verizon and CenturyLink are also active in deploying NFV. Thanks to these three players, ABI Research believes that 80% of the overall communication network in the North American region will be virtualized by the end of 2022.

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