Virtual CPE Market Trends Analysis, Regional Analysis 2020: 2027

  

The Virtual CPE Market Trends 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. 

 

Various factors are adding to the virtual customer premises equipment (vCPE) market share. As per the current MRFR report, such factors include growing need for mobility, cost optimization benefit to maintain hardware, burgeoning need for cloud-based or virtual solutions, increasing use of virtual CPE network infrastructure, increasing use of internet technologies, and increasing complexity of networks. 

 

On the flip side, the lack of technical expertise, limited knowledge, and the threat to data security and reliability are factors that may impede the growth of the market during the forecast period. Besides, the ongoing COVID-19 impact has also affected the market growth to a certain extent and is likely to get back to normalcy soon. 

 

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Market Segmentation

 

The Virtual CPE Market Trends is segmented on the basis of solution, service, deployment, and application. 

 

By service, the market is split into managed service & professional service. The professional service is again segmented into maintenance, consulting, support services, and integration services. Among these, professional services will spearhead the market over the forecast period. 

 

By solution, the market is split into virtual equipment solution, security, and compliance, infrastructure management, & others. 

 

By deployment, the market is split into a cloud-hosted CPE model & CPE model. 

 

By application, the market is split into enterprise applications & residential applications. Among these, the enterprise segment will have lions share in the market over the forecast period. 

 

Regional Analysis 

 

Based on the region, the global Virtual CPE Market Trends 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 Trends 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 Trends 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 Trends growth in the region. 

 

In the Asia Pacific region, the Virtual CPE Market Trends 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 Trends growth in the region. 

 

In the RoW, the Virtual CPE Market Trends is projected to have sound growth over the forecast period. 

 

Key Players 

 

Leading contenders profiled in the global Virtual CPE Market Trends 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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The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. 

 

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