Market Analysis
The virtual CPE market is predicted to touch USD 2600 million at a whopping 27% CAGR between 2016- 2022, states the recent Market Research Future (MRFR) analysis. Virtual CPE, simply put, is an alternative means to deliver subscribers with broadband services where a major part of the CPE function is pulled in to the network of the operator and located adjacent the service edge.
Key Players
Leading contenders profiled in the global virtual CPE market report comprise AT&T, Inc (U.S.), Ericsson AB (Sweden), Dell, Inc (U.S.), Intel Corporation (U.S.), Orange Business Services (The Netherlands), International Business Machines, Corporation (U.S.), Verizon Wireless (U.S.), Cisco Systems, Inc (U.S.), Qosmos (France), and NEC Corporation (Japan). Other players include RAD Data Communications (Israel), Juniper Networks, Inc (U.S.), Lanner Electronics Incorporated. (Taiwan), Cloudify Platform Ltd (U.S.), Versa Networks, Inc. (U.S.), Hewlett Packard Enterprises (HPE) (U.S.), Criterion Networks, Inc (U.S.), Huawei Technologies Co., Ltd (China), Anuta Networks (U.S.), Brocade Communications System, Inc (U.S.), Accedian Networks Inc. (Canada), F5 Networks, Inc (U.S.), Arista Networks, Inc (U.S.), Ciena Corporation (U.S.), ALTEN Calsoft Labs (U.S.), ADVA Optical Networking SE (Germany), Fortinet Inc. (U.S.), and others.
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Regional Analysis
Based on the region, the global virtual CPE market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, and the Rest of the World (RoW). Of these, North America will dominate the market over the forecast period. The presence of well-established economies, and increased use of SDN and NFV in telecom companies and data centers, use of advanced technology are adding to the global virtual CPE market growth in the region. Besides, higher adoption in enterprises and the established technological market is also adding market growth. The US holds the utmost share in the market.
In Europe, the virtual CPE market will hold the second-largest market share during the forecast period. Increasing use of latest virtual CPE features is adding to the global virtual CPE market growth in the region.
In the Asia Pacific region, the virtual CPE market is likely to develop at the highest CAGR over the forecast period. The growing need for cloud-based solutions and enterprise mobility, coupled with the rapid expansion of enterprises, is adding to the global virtual CPE market growth in the region.
In the RoW, the virtual CPE market is projected to have sound growth over the forecast period.
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