uCPE Market Size To Grow By USD 1.31 Billion | Cost Benefits Of uCPE To Boost Market Growth | 17,000+ Technavio Research Reports

NEW YORK, March 25, 2022 /PRNewswire/ -- The "uCPE Market by Deployment (On-premises and Cloud-based) and Geography (North America, APAC, Europe, MEA, and South America) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the uCPE market between 2021 and 2026 is USD 1.31 billion, as per the latest market analysis report by Technavio. The report also identifies the market to witness an accelerating growth momentum at a CAGR of 15.39% during this period. 

To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

• Market Driver: The cost benefits of uCPE is one of the key factors influencing the market's growth during the forecast period. The adoption of uCPE is increasing by network service providers and enterprises as it optimizes the total cost of users and helps in troubleshooting for complex applications and minimizes the process of management of stock-keeping unit cycles from multiple hardware vendors. By adopting uCPE, service providers can simplify logistics as well as focus on a few different unit sizes from a single vendor in order to fit different use case needs. These benefits of uCPE are expected to drive the growth of the market during the forecast period.
• Market Challenge: Security concerns and vulnerabilities is one of the key challenges expected to hinder the market growth. uCPE is deployed in either a non-secure or controlled environment utilizing remote automated installation processes like zero-touch provisioning, which brings an additional set of vulnerabilities that need to be assessed as well as addressed. For instance, remote zero-touch provisioning (ZTP), along with automated remote updates as well as upgrades, has now become a standard requirement for uCPE deployment. These capabilities are critical for delivering OPEX reduction and operation simplification.

To learn about additional key drivers, trends, and challenges available with Technavio. Read our FREE Sample Report!

Key Market Segment Highlights:

The uCPE market report is segmented by Deployment (On-premises and Cloud-based) and Geography (North America, APAC, Europe, MEA, and South America).

• The on-premises deployment segment held the largest uCPE market share in 2020. The on-premises uCPE is priced as per the one-time perpetual license fee, including a recurring fee for support, training, and updates. Moreover, in the on-premises model, hardware and software are handled on the premises of organizations, which provides them control over systems and data. Such factors are expected to increase the on-premises uCPE adoption that will support the market growth of this segment during the forecast period.
• 34% of the market's growth will originate from North America during the forecast period. The US is the key market for uCPE in North America. However, the market growth rate in this region will be slower than the growth of the market in APAC and Europe. The increasing adoption of cloud computing, 5G, SD-WAN, and infrastructure-as-a-service will facilitate the market growth in North America over the forecast period.

View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.

Some Companies Mentioned

•     
• ADVA Optical Networking SE
• Advantech Co. Ltd.
• AudioCodes Ltd.
• Cisco Systems Inc.
• Dell Technologies Inc.
• GTT Communications Inc.
• Hawkeye Technologies
• Intel Corp.
• Juniper Networks Inc.
• Tata Communications Ltd.
• To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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Key Topics Covered:

• Executive Summary
• Market Landscape
• Market Sizing
• Five Forces Analysis
• Market Segmentation by End-user
• Customer landscape
• Geographic Landscape
• Vendor Landscape
• Vendor Analysis
• Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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