TMCnet News
Virtual Customer Premises Equipment Market by Component, Service Model, Application Area, Organization Size, and Region - Global Forecast to 2021LONDON, Sept. 28, 2016 /PRNewswire/ -- "The need to avoid downtime and the growing demand for virtual and cloud-based solutions is driving the Virtual Customer Premises Equipment (V-CPE) market" The V-CPE market size is expected to grow from USD 486.5 million in 2016 to USD 2,818.8 million by 2021, at a CAGR of 42.1% from 2016 to 2021. Rising need for mobility, surging demand for virtual networking infrastructure solutions and services, along with varying traffic patterns and increasing complexity of networks are increasing the adoption of V-CPE across end users. V-CPE provides enhanced physical networking infrastructure which can be transformed into sharable virtual resources, and can be accessed from anywhere without using much of the networking hardware. The virtual infrastructure concept has reduced the hardware dependency for enterprises and minimized the cost related to networking infrastructure. However, security and reliability concerns related to virtual architecture and lack of skilled workforce & limited knowledge among end users are limiting the growth of V-CPE solutions in the market. In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. Break-up of profile of primary participants is as follows: - By Company: Tier 1 – 56 %, Tier 2 – 20% and Tier 3 – 24% - By Designation: C level – 72%, Director level – 28% - By Region: North America – 58%, Europe – 22%, APAC – 20% The Virtual Customer Premises Equipment ecosystem comprises the following major vendors: 1. Cisco Systems, Inc. (California, U.S.) 2. Hewlett Packard Enterprises (California, U.S) 3. Juniper Networks, Inc. (California, U.S.) 4. Brocade Communications Systems, Inc. (California, U.S) 5. IBM Corporation (New York, USA) 6. Arista Networks (California, U.S.) 7. Dell Corporation (Texas, U.S) 8. Ericsson (Stockholm, Sweden) 9. NEC Corporation (Tokyo, Japan) 10. Versa Networks (California, U.S.) Research Coverage: The main objective of this report is to define, describe, and forecast the global V-CPE market which is segmented on the basis of solutions/tools, services, service models, application areas, and regions. The solutions/tools segment includes virtual switches, virtual router, application and controller platform, security and compliance, and infrastructure management and orchestration; the services segment comprises professional services and managed services; the service models consist of IaaS, PaaS, and others; SMEs and large enterprises have been categorized under organization size; and application areas are segmented into enterprises and datacenters and telecom service providers. The enterprises segment is further segmented into industries such as BFSI, ITES, healthcare, government & public sector utilities, manufacturing, and others. The report attempts to forecast the market size with respect to five main regions, namely, North America, Europe, APAC, Latin America, and Middle East and Africa (MEA). REASONS TO BUY THE REPORT: The report will help the market leaders/new entrants in this market in the following ways: 1. This report segments the V-CPE market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different verticals and regions. 2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities. 3. This report will help stakeholders to better understand the competitor and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, newproduct develpoments, partnerships, and mergers and acquisitions. Download the full report: https://www.reportbuyer.com/product/4182974/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/virtual-customer-premises-equipment-market-by-component-service-model-application-area-organization-size-and-region---global-forecast-to-2021-300336142.html SOURCE ReportBuyer 
|