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uCPE market to grow by USD 2,412.02 million from 2022 to 2027: The surge in digital transformation in business enterprises drives market growth - Technavio
[August 16, 2023]

uCPE market to grow by USD 2,412.02 million from 2022 to 2027: The surge in digital transformation in business enterprises drives market growth - Technavio


NEW YORK, Aug. 16, 2023 /PRNewswire/ -- The uCPE Market is estimated to grow by USD 2,412.02 million during 2022-2027, growing at a CAGR of 21.29%. North America will account for 34% of the market's growth during the forecast period. The US is a key country for the uCPE market 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 drive market growth in North America during the forecast period. In addition, uCPE benefits telecom service providers by minimizing operational costs and simplifying operations through remote management capabilities. Moreover, it allows customers to modify existing services or order new ones on demand. In addition, the demand for uCPE is expected to increase by enterprises, as it reduces overall capital expenditure by reducing the need to buy purpose-built, vendor-specific hardware. For Comprehensive details on the market size of the historic period(2017 to 2021) and forecast period (2023-2027) - View Sample report

Vendor Landscape
The uCPE market is fragmented; the vendors are competing with competitors and are trying to get a greater market share. The market is growing, and the chances of new entrants cannot be overlooked. The major vendors have well-established economies of scale and market presence and generally rely on positioning technological advances, and the price of the products -The report provides a full list of key vendors, their strategies, and the latest developments. Buy Now

Market Dynamics

Major Drivers & Challenges- 

The surge in digital transformation in business enterprises drives market growth. By using digital technology to streamline their business processes, enhance customer reach, reduce risks, and improve business efficiency, businesses transform their businesses. Also, to meet this kind of critical machine workload, enterprises are modernizing their data centers by offering Software Defined Solutions. Hence, such factors drive the growth of the market during the forecast period.

The high cost of deployment of uCPE challenges the growth of the market. In spite of the cost-saving benefits of uCPE solutions, there are still significant upfront costs associated with deploying these solutions. There may be ongoing costs associated with maintaining and upgrading the uCPE solutions over time, which may include the costs for licenses of the software, ongoing maintenance fees, and hardware upgrades or replacements as necessary. Hence, such factors challenge the growth of the market during the forecast period.

Key Trends-

The increasing acceptance of cloud computing is an emerging uCPE market trend. The upsurge in the penetration and diffusion of the cloud phenomenon is a significant trend that affects the adoption and proliferation of uCPE solutions across verticals. This is because of its inherent cost-effectiveness and ease of management of cloud-based network virtualization solutions. Hence, such trends fuel the growth of the uCPE market during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors. - View Sample Report

Company Profiles

The uCPE market report includes information on the product launches, sustainability, and prospects of leading vendors including Access Co. Ltd., Adtran Holdings Inc., Advantech Co. Ltd., AT and T Inc., AudioCodes Ltd., Axiomtek Co. Ltd., Cisco Systems Inc., Dell Technologies Inc., Ekinops SA, GTT Communications Inc., Huawei Technologies Co. Ltd., Intel Corp., Iricent Ltd., Juniper Networks Inc., Lanner Electronics Inc., Netfosys Information Technologies India Pvt. Ltd., RAD Data Communications Ltd., Sony Group Corp., Tata Sons Pvt. Ltd., and Versa Networks Inc.

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

 Market Segmentation

This uCPE market report extensively covers market segmentation by end-user (enterprise and individual), deployment (on-premises and cloud-based), and geography (North America, Europe, APAC, Middle East and Africa, and South America). 

  • The enterprise segment will be significant during the forecast period. Owing to several factors, including the need for network agility, enhanced security, cost savings, and flexibility, the demand for uCPE is increasing in enterprises. Furthermore, the need to improve the network's adaptability is one of the primary reasons why businesses are increasingly demanding UCPE. Hence, such factors drive segment growth during the forecast period.

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uCPE Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 21.29%

Market growth 2023-2027

USD 2,412.02 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

20.99

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 34%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Access Co. Ltd., Adtran Holdings Inc., Advantech Co. Ltd., AT and T Inc., AudioCodes Ltd., Axiomtek Co. Ltd., Cisco Systems Inc., Dell Technologies Inc., Ekinops SA, GTT Communications Inc., Huawei Technologies Co. Ltd., Intel Corp., Iricent Ltd., Juniper Networks Inc., Lanner Electronics Inc., Netfosys Information Technologies India Pvt. Ltd., RAD Data Communications Ltd., Sony Group Corp., Tata Sons Pvt. Ltd., and Versa Networks Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (USD million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (USD million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global uCPE market 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table on global ucpe market 2017 - 2021 (USD million)
  • 4.2 End-user Segment Analysis 2017 - 2021 
    • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 (USD million)
  • 4.3 Deployment Segment Analysis 2017 - 2021 
    • Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 (USD million)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (USD million)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (USD million)

5 Five Forces Analysis

  • 5.1 Five forces summary
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

  • 6.1 Market segments
    • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
  • 6.2 Comparison by End-user 
    • Exhibit 32: Chart on Comparison by End-user
    • Exhibit 33: Data Table on Comparison by End-user
  • 6.3 Enterprise - Market size and forecast 2022-2027 
    • Exhibit 34: Chart on Enterprise - Market size and forecast 2022-2027 (USD million)
    • Exhibit 35: Data Table on Enterprise - Market size and forecast 2022-2027 (USD million)
    • Exhibit 36: Chart on Enterprise - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Enterprise - Year-over-year growth 2022-2027 (%)
  • 6.4 Individual - Market size and forecast 2022-2027 
    • Exhibit 38: Chart on Individual - Market size and forecast 2022-2027 (USD million)
    • Exhibit 39: Data Table on Individual - Market size and forecast 2022-2027 (USD million)
    • Exhibit 40: Chart on Individual - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Individual - Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by End-user 
    • Exhibit 42: Market opportunity by End-user (USD million)
    • Exhibit 43: Data Table on Market opportunity by End-user (USD million)

7 Market Segmentation by Deployment

  • 7.1 Market segments
    • Exhibit 44: Chart on Deployment - Market share 2022-2027 (%)
    • Exhibit 45: Data Table on Deployment - Market share 2022-2027 (%)
  • 7.2 Comparison by Deployment 
    • Exhibit 46: Chart on Comparison by Deployment
    • Exhibit 47: Data Table on Comparison by Deployment
  • 7.3 On-premises - Market size and forecast 2022-2027 
    • Exhibit 48: Chart on On-premises - Market size and forecast 2022-2027 (USD million)
    • Exhibit 49: Data Table on On-premises - Market size and forecast 2022-2027 (USD million)
    • Exhibit 50: Chart on On-premises - Year-over-year growth 2022-2027 (%)
    • Exhibit 51: Data Table on On-premises - Year-over-year growth 2022-2027 (%)
  • 7.4 Cloud-based - Market size and forecast 2022-2027 
    • Exhibit 52: Chart on Cloud-based - Market size and forecast 2022-2027 (USD million)
    • Exhibit 53: Data Table on Cloud-based - Market size and forecast 2022-2027 (USD million)
    • Exhibit 54: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
    • Exhibit 55: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by Deployment 
    • Exhibit 56: Market opportunity by Deployment (USD million)
    • Exhibit 57: Data Table on Market opportunity by Deployment (USD million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 59: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 61: Chart on Geographic comparison
    • Exhibit 62: Data Table on Geographic comparison
  • 9.3 North America - Market size and forecast 2022-2027 
    • Exhibit 63: Chart on North America - Market size and forecast 2022-2027 (USD million)
    • Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 (USD million)
    • Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.4 Europe - Market size and forecast 2022-2027 
    • Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 (USD million)
    • Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 (USD million)
    • Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.5 APAC - Market size and forecast 2022-2027 
    • Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 (USD million)
    • Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 (USD million)
    • Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.6 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 (USD million)
    • Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (USD million)
    • Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.7 South America - Market size and forecast 2022-2027 
    • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 (USD million)
    • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 (USD million)
    • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.8 US - Market size and forecast 2022-2027 
    • Exhibit 83: Chart on US - Market size and forecast 2022-2027 (USD million)
    • Exhibit 84: Data Table on US - Market size and forecast 2022-2027 (USD million)
    • Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.9 China - Market size and forecast 2022-2027 
    • Exhibit 87: Chart on China - Market size and forecast 2022-2027 (USD million)
    • Exhibit 88: Data Table on China - Market size and forecast 2022-2027 (USD million)
    • Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.10 UK - Market size and forecast 2022-2027 
    • Exhibit 91: Chart on UK - Market size and forecast 2022-2027 (USD million)
    • Exhibit 92: Data Table on UK - Market size and forecast 2022-2027 (USD million)
    • Exhibit 93: Chart on UK - Year-over-year growth 2022-2027 (%)
    • Exhibit 94: Data Table on UK - Year-over-year growth 2022-2027 (%)
  • 9.11 Germany - Market size and forecast 2022-2027 
    • Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 (USD million)
    • Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 (USD million)
    • Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.12 Japan - Market size and forecast 2022-2027 
    • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 (USD million)
    • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 (USD million)
    • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
    • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 103: Market opportunity by geography (USD million)
    • Exhibit 104: Data Tables on Market opportunity by geography (USD million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
    • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption
    • Exhibit 107: Overview on factors of disruption
  • 11.4 Industry risks
    • Exhibit 108: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered
    • Exhibit 109: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 110: Matrix on vendor position and classification
  • 12.3 Access Co. Ltd.
    • Exhibit 111: Access Co. Ltd. - Overview
    • Exhibit 112: Access Co. Ltd. - Business segments
    • Exhibit 113: Access Co. Ltd. - Key offerings
    • Exhibit 114: Access Co. Ltd. - Segment focus
  • 12.4 Adtran Holdings Inc.
    • Exhibit 115: Adtran Holdings Inc. - Overview
    • Exhibit 116: Adtran Holdings Inc. - Business segments
    • Exhibit 117: Adtran Holdings Inc. - Key offerings
    • Exhibit 118: Adtran Holdings Inc. - Segment focus
  • 12.5 Advantech Co. Ltd.
    • Exhibit 119: Advantech Co. Ltd. - Overview
    • Exhibit 120: Advantech Co. Ltd. - Business segments
    • Exhibit 121: Advantech Co. Ltd. - Key offerings
    • Exhibit 122: Advantech Co. Ltd. - Segment focus
  • 12.6 AT and T Inc.
    • Exhibit 123: AT and T Inc. - Overview
    • Exhibit 124: AT and T Inc. - Business segments
    • Exhibit 125: AT and T Inc. - Key news
    • Exhibit 126: AT and T Inc. - Key offerings
    • Exhibit 127: AT and T Inc. - Segment focus
  • 12.7 AudioCodes Ltd.
    • Exhibit 128: AudioCodes Ltd. - Overview
    • Exhibit 129: AudioCodes Ltd. - Product / Service
    • Exhibit 130: AudioCodes Ltd. - Key news
    • Exhibit 131: AudioCodes Ltd. - Key offerings
  • 12.8 Cisco Systems Inc.
    • Exhibit 132: Cisco Systems Inc. - Overview
    • Exhibit 133: Cisco Systems Inc. - Business segments
    • Exhibit 134: Cisco Systems Inc. - Key news
    • Exhibit 135: Cisco Systems Inc. - Key offerings
    • Exhibit 136: Cisco Systems Inc. - Segment focus
  • 12.9 Dell Technologies Inc. 
    • Exhibit 137: Dell Technologies Inc. - Overview
    • Exhibit 138: Dell Technologies Inc. - Business segments
    • Exhibit 139: Dell Technologies Inc. - Key offerings
    • Exhibit 140: Dell Technologies Inc. - Segment focus
  • 12.10 Ekinops SA
    • Exhibit 141: Ekinops SA - Overview
    • Exhibit 142: Ekinops SA - Product / Service
    • Exhibit 143: Ekinops SA - Key offerings
  • 12.11 GTT Communications Inc. 
    • Exhibit 144: GTT Communications Inc. - Overview
    • Exhibit 145: GTT Communications Inc. - Product / Service
    • Exhibit 146: GTT Communications Inc. - Key offerings
  • 12.12 Intel Corp.
    • Exhibit 147: Intel Corp. - Overview
    • Exhibit 148: Intel Corp. - Business segments
    • Exhibit 149: Intel Corp. - Key news
    • Exhibit 150: Intel Corp. - Key offerings
    • Exhibit 151: Intel Corp. - Segment focus
  • 12.13 Juniper Networks Inc. 
    • Exhibit 152: Juniper Networks Inc. - Overview
    • Exhibit 153: Juniper Networks Inc. - Product / Service
    • Exhibit 154: Juniper Networks Inc. - Key offerings
  • 12.14 Netfosys Information Technologies India Pvt. Ltd. 
    • Exhibit 155: Netfosys Information Technologies India Pvt. Ltd. - Overview
    • Exhibit 156: Netfosys Information Technologies India Pvt. Ltd. - Product / Service
    • Exhibit 157: Netfosys Information Technologies India Pvt. Ltd. - Key offerings
  • 12.15 RAD Data Communications Ltd. 
    • Exhibit 158: RAD Data Communications Ltd. - Overview
    • Exhibit 159: RAD Data Communications Ltd. - Product / Service
    • Exhibit 160: RAD Data Communications Ltd. - Key offerings
  • 12.16 Sony Group Corp.
    • Exhibit 161: Sony Group Corp. - Overview
    • Exhibit 162: Sony Group Corp. - Business segments
    • Exhibit 163: Sony Group Corp. - Key news
    • Exhibit 164: Sony Group Corp. - Key offerings
    • Exhibit 165: Sony Group Corp. - Segment focus
  • 12.17 Tata Sons Pvt. Ltd.
    • Exhibit 166: Tata Sons Pvt. Ltd. - Overview
    • Exhibit 167: Tata Sons Pvt. Ltd. - Business segments
    • Exhibit 168: Tata Sons Pvt. Ltd. - Key offerings
    • Exhibit 169: Tata Sons Pvt. Ltd. - Segment focus

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 170: Inclusions checklist
    • Exhibit 171: Exclusions checklist
  • 13.3 Currency conversion rates for USUSD 
    • Exhibit 172: Currency conversion rates for USUSD
  • 13.4 Research methodology
    • Exhibit 173: Research methodology
    • Exhibit 174: Validation techniques employed for market sizing
    • Exhibit 175: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 176: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus 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 consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. 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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Email: [email protected]
Website: www.technavio.com

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