HOME Top Market Reports Virtual Customer Premises Equipment (V-CPE) Market by Component (Solutions/Tools & Services), Service Model (IAAS, PAAS & SAAS), Application Area (Enterprises and Data Center & Telecom Services), Organization Size, and Region - Global Forecast to 2021

Virtual Customer Premises Equipment (V-CPE) Market by Component (Solutions/Tools & Services), Service Model (IAAS, PAAS & SAAS), Application Area (Enterprises and Data Center & Telecom Services), Organization Size, and Region - Global Forecast to 2021

By: marketsandmarkets.com
Publishing Date: September 2016
Report Code: TC 4599

 

  Speak to Analyst Enquiry Before Buying  
purchase report
download pdf  request for customisation


The Virtual CPE market size is estimated to grow from USD 486.5 Million in 2016 to USD 2818.8 Million by 2021, at a CAGR of 42.1% from 2016 to 2021.

Objectives of the study:

The main objective of this report is to define, describe, and forecast the global market on the basis of components which includes solutions/tools, services, and service models, along with application areas and regions. The report provides detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). The report attempts to forecast the market size with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America, and Middle East & Africa (MEA). The report strategically profiles key players and comprehensively analyzes their core competencies. This report also tracks and analyzes competitive developments such as joint ventures, Mergers and Acquisitions (M&A), new product developments, and Research & Development (R&D) activities in the Virtual CPE market.

The research methodology used to estimate and forecast the Virtual CPE market begins with collection and analysis of data on key vendor revenues through secondary research such as annual reports and press releases, investor presentations of companies, white papers, technology journals including SDx Central, Virtual CPE evolution, certified publications, and articles from recognized authors, directories, and databases. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the total market size of the global market from the revenue of the key solution and service providers in the market. After arriving at the overall market size, the total market was split into several segments and sub-segments, which were then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and sub-segments. The breakdown of profiles of primary is depicted in the below figure:

Virtual Customer Premises Equipment (V-CPE) Market

To know about the assumptions considered for the study, download the pdf brochure

The Virtual CPE ecosystem comprises vendors providing hardware enablement, security and compliance technology application and controller platform, and service enablement devices. The hardware enablement providers include Cisco, HPE, Arista Networks, Dell, Juniper, Brocade, and Ericsson, while the security and compliance technology providers are Cisco, Juniper, Ericsson, and IBM; platform/controller providers are Cisco, HPE, Juniper, Brocade, and Versa Networks and the last chain includes companies such as Cisco, Arista networks, NEC, Juniper, HPE, and IBM as service providers.

Key Target Audience

  • IT service providers
  • Hardware manufacturers
  • System integrators
  • Enterprise data center professionals
  • Networking and telecommunication companies
  • Telecommunication providers
  • Mobile network operators
  • Cloud service providers
  • Data center software vendors
  • Infrastructure architects
  • Government councils
  • Standardization bodies

 “Study answers several questions for the stakeholders, primarily which market segments to focus in next two to five years for prioritizing the efforts and investments”.

Scope of the Report

The research report segments the Virtual customer Premises Equipment market into the following submarkets:

By Solution/Tool

  • Virtual Switches
  • Virtual Routers
  • Application and Controller Platform
  • Security and Compliance
  • Infrastructure Management and Orchestration

By Service:

  • Professional Services
  • Managed Services

By Service Model:

  • IaaS
  • PaaS
  • Others

By Organization Size:

  • SMEs
  • Large Enterprises

By Application Area:

  • Enterprises
    • Banking, Financial Services, and Insurance (BFSI)
    • ITES
    • Healthcare
    • Government and Public Sector Utilities
    • Manufacturing
    • Others
  • Data Centers and Telecom Service Providers

By Region:

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Latin America
  • Middle East and Africa (MEA)

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakdown of the Europe Virtual CPE market
  • Further breakdown of the APAC market

Company Information

  • Detailed analysis and profiling of additional market players

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered
           1.3.3 Currency
           1.3.4 Limitations
    1.4 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
           2.3.1 Research Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Market Opportunities in the Virtual CPE Market
    4.2 Top Three Solutions/Tools Segments
    4.3 Market Analysis Across Top Three Regions and Verticals in 2016
    4.4 Asia-Pacific is Expected to Showcase the Highest Growth Rate During the Forecast Period
    4.5 Life Cycle Analysis, By Region

5 Virtual CPE Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Key Componets of Virtual Customer Premises Equipment Architecture
    5.3 Market Segmentation
           5.3.1 By Component
                    5.3.1.1 By Solution/Tool
                    5.3.1.2 By Service
           5.3.2 By Service Model
           5.3.3 By Organization Size
           5.3.4 By Application Area
           5.3.5 By Region
    5.4 Market Dynamic
           5.4.1 Drivers
                    5.4.1.1 Growing Demand for Virtual Or Cloud-Based Solutions
                    5.4.1.2 Benefit of Cost Optimization in Maintaining Hardware
                    5.4.1.3 Rising Need for Mobility
           5.4.2 Restraints
                    5.4.2.1 Security and Reliability Concern Related to Virtual Architecture
                    5.4.2.2 Lack of Skilled Workforce and Limited Knowledge Among End Users
           5.4.3 Opportunities
                    5.4.3.1 Improved Time to Market and Downtime Avoidance for Network Infrastructure
                    5.4.3.2 Demand for Private Clouds
           5.4.4 Challenges
                    5.4.4.1 High Initial Investment

6 Virtual CPE Market: Industry Trends (Page No. - 45)
    6.1 Introduction
    6.2 Virtual Customer Premises Equipment Evolution
    6.3 Comparison Between Virtual Customer Premises Equipment and Traditional Customer Premises Equipment
    6.4 Virtual Customer Premises Equipment Potential Solution Approaches
    6.5 Virtual Customer Premises Equipment: Value Chain Analysis
    6.6 Porter’s Five Forces Analysis
           6.6.1 Threat of New Entrants
                    6.6.1.1 Low–To-Moderate Entry Barriers in Developed and Developing Regions
                    6.6.1.2 Difficulties in Offering Solutions to New Customers
           6.6.2 Threat of Substitutes
                    6.6.2.1 Emerging New Technologies
           6.6.3 Bargaining Power of Suppliers
                    6.6.3.1 Limited Number of Market Players
                    6.6.3.2 Geographical Contingency
           6.6.4 Bargaining Power of Buyers
                    6.6.4.1 Cost Involved in Virtual Customer Premises Equipment
           6.6.5 Intensity of Competitive Rivalary
                    6.6.5.1 Increasing Demand
    6.7 Standards

7 Virtual CPE Market Analysis, By Component (Page No. - 56)
    7.1 Introduction
    7.2 Solutions/Tools
           7.2.1 Virtual Switches
           7.2.2 Virtual Routers
           7.2.3 Application and Controller Platforms
           7.2.4 Security and Compliance
           7.2.5 Infrastructure Management and Orchestration
    7.3 Services
           7.3.1 Professional Services
           7.3.2 Managed Services

8 Virtual CPE Market Analysis, By Service Model (Page No. - 70)
    8.1 Introduction
    8.2 Infrastructure as A Service
    8.3 Platform as A Service
    8.4 Others

9 Virtual CPE Market Analysis, By Organization Size (Page No. - 75)
    9.1 Introduction
    9.2 Small and Medium Enterprises
    9.3 Large Enterprises

10 Virtual CPE Market Analysis, By Application Area (Page No. - 79)
     10.1 Introduction
     10.2 Enterprises
             10.2.1 Education
             10.2.2 Banking, Financial Services, and Insurance
             10.2.3 It Enabled Services
             10.2.4 Healthcare
             10.2.5 Government and Public Sector Utilities
             10.2.6 Manufacturing
             10.2.7 Others
     10.3 Data Centers and Telecom Service Providers

11 Geographic Analysis (Page No. - 88)
     11.1 Introduction
     11.2 Geographical Segment
             11.2.1 North America
             11.2.2 Europe
             11.2.3 Asia-Pacific
             11.2.4 Latin America
             11.2.5 Middle East and Africa

12 Competitive Landscape (Page No. - 111)
     12.1 Overview
     12.2 Virtual CPE Market Evaluation Framework
     12.3 Competitive Situation and Trends
             12.3.1 New Product Launches/Upgradations
             12.3.2 Agreements, Partnerships, and Collaborations
             12.3.3 Mergers and Acquisitions

13 Company Profiles (Page No. - 120)
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     13.1 Introduction
     13.2 Cisco Systems, Inc.
     13.3 Hewlett Packard Enterprises (HPE)
     13.4 Juniper Networks, Inc.
     13.5 Brocade Communications Systems Inc.
     13.6 International Business Machines (IBM) Corporation
     13.7 Arista Networks
     13.8 Dell Inc.
     13.9 Ericsson
     13.10 NEC Corporation
     13.11 Versa Networks

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Key Innovators (Page No. - 149)
     14.1 Intel Corporation
             14.1.1 Wind River (An Intel Company)
     14.2 Nokia (Alcatel-Lucent)
     14.3 Rad Data Communication
     14.4 Huawei Investement & Holding Co., Ltd.
     14.5 Adva Optical Networking

15 Appendix (Page No. - 153)
     15.1 Industry Excerpts
     15.2 Discussion Guide
     15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.4 Introducing RT: Real-Time Market Intelligence
     15.5 Available Customizations
     15.6 Related Reports


List of Tables (86 Tables)

Table 1 Global Market Size, 2014–2021 (USD Million)
Table 2 Difference Between Virtual Customer Premises Equipment and Traditional Customer Premises Equipment
Table 3 Market Size, By Component, 2014–2021 (USD Million)
Table 4 Market Size, By Solution/Tool, 2014–2021 (USD Million)
Table 5 Virtual Switches: Market Size, By Application Area, 2014–2021 (USD Million)
Table 6 Virtual Switches: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 7 Virtual Switches: Market Size, By Region, 2014–2021 (USD Million)
Table 8 Virtual Routers: Market Size, By Application Area, 2014–2021 (USD Million)
Table 9 Virtual Routers: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 10 Virtual Routers: Market Size, By Region, 2014–2021 (USD Million)
Table 11 Application and Controller Platforms: Market Size, By Application Area, 2014–2021 (USD Million)
Table 12 Application and Controller Platforms: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 13 Application and Controller Platforms: Market Size, By Region, 2014–2021 (USD Million)
Table 14 Security and Compliance: Market Size, By Application Area, 2014–2021 (USD Million)
Table 15 Security and Compliance: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 16 Security and Compliance: Market Size, By Region, 2014–2021 (USD Million)
Table 17 Infrastructure Management and Orchestration: Market Size, By Application Area, 2014–2021 (USD Million)
Table 18 Infrastructure Management and Orchestration: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 19 Infrastructure Management and Orchestration: Market Size, By Region, 2014–2021 (USD Million)
Table 20 Virtual CPE  market Size, By Service, 2014–2021 (USD Million)
Table 21 Professional Services: Market Size, By Application Area, 2014–2021 (USD Million)
Table 22 Professional Services: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 23 Professional Services: Market Size, By Region, 2014–2021 (USD Million)
Table 24 Managed Services: Market Size, By Application Area, 2014–2021 (USD Million)
Table 25 Managed Services: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 26 Managed Services: Market Size, By Region, 2014–2021 (USD Million)
Table 27 Virtual CPE Market Size, By Service Model, 2014–2021 (USD Million)
Table 28 Infrastructure as A Service: Market Size, By Application Area, 2014–2021 (USD Million)
Table 29 Infrastructure as A Service: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 30 Platform as A Service: Market Size:, By Application Area, 2014–2021 (USD Million)
Table 31 Platform as A Service: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 32 Others: Market Size, By Application Area, 2014–2021 (USD Million)
Table 33 Others: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 34 Virtual CPE Market Size, By Organization Size, 2014–2021 (USD Million)
Table 35 Small and Medium Enterprises: Market Size, By Region, 2014–2021 (USD Million)
Table 36 Large Enterprises: Market Size, By Region, 2014–2021 (USD Million)
Table 37 Market Size, By Application Area, 2014–2021 (USD Million)
Table 38 Enterprises: Market Size, By Region, 2014–2021 (USD Million)
Table 39 Enterprises: Market Size, By Industry, 2014–2021 (USD Million)
Table 40 Education: Market Size, By Region, 2014–2021 (USD Million)
Table 41 Banking, Financial Services, and Insurance: Market Size, By Region, 2014–2021 (USD Million)
Table 42 It Enabled Services: Market Size, By Region, 2014–2021 (USD Million)
Table 43 Healthcare: Market Size, By Region, 2014–2021 (USD Million)
Table 44 Government and Public Sector Utilities: Market Size, By Region, 2014–2021 (USD Million)
Table 45 Manufacturing: Market Size, By Region, 2014–2021 (USD Million)
Table 46 Others: Market Size, By Region, 2014–2021 (USD Million)
Table 47 Data Centers Amd Telecom Service Providers: Market Size, By Region, 2014–2021 (USD Million)
Table 48 Virtual CPE Market Size, By Region, 2014–2021 (USD Million)
Table 49 North America: Virtual CPE Market Size, By Component, 2014–2021 (USD Million)
Table 50 North America: Market Size, By Solution/Tool, 2014–2021 (USD Million)
Table 51 North America: Market Size, By Service, 2014–2021 (USD Million)
Table 52 North America: Market Size, By Service Model, 2014–2021 (USD Million)
Table 53 North America: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 54 North America: Market Size, By Application Area, 2014–2021 (USD Million)
Table 55 North America: Market Size, By Industry, 2014–2021 (USD Million)
Table 56 Europe: Market Size, By Component, 2014–2021 (USD Million)
Table 57 Europe: Market Size, By Solutions/Tools, 2014–2021 (USD Million)
Table 58 Europe: Market Size, By Service, 2014–2021 (USD Million)
Table 59 Europe: Market Size, By Service Model, 2014–2021 (USD Million)
Table 60 Europe: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 61 Europe: Market Size, By Application Area, 2014–2021 (USD Million)
Table 62 Europe: Virtual CPE Market Size, By Industry, 2014–2021 (USD Million)
Table 63 Asia-Pacific: Market Size, By Component, 2014–2021 (USD Million)
Table 64 Asia-Pacific: Market Size, By Solution/Tool, 2014–2021 (USD Million)
Table 65 Asia-Pacific: Market Size, By Service, 2014–2021 (USD Million)
Table 66 Asia-Pacific: Market Size, By Service Model, 2014–2021 (USD Million)
Table 67 Asia-Pacific: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 68 Asia-Pacific: Market Size, By Application Area, 2014–2021 (USD Million)
Table 69 Asia-Pacific: Market Size, By Industry, 2014–2021 (USD Million)
Table 70 Latin America: Market Size, By Component, 2014–2021 (USD Million)
Table 71 Latin America: Market Size, By Solutions/Tools, 2014–2021 (USD Million)
Table 72 Latin America: Market Size, By Service, 2014–2021 (USD Million)
Table 73 Latin America: Market Size, By Service Model, 2014–2021 (USD Million)
Table 74 Latin America: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 75 Latin America: Market Size, By Application Area, 2014–2021 (USD Million)
Table 76 Latin America: Market Size, By Industry, 2014–2021 (USD Million)
Table 77 Middle East and Africa: Virtual CPE Market Size, By Component, 2014–2021 (USD Million)
Table 78 Middle East and Africa: Market Size, By Solutions/Tools, 2014–2021 (USD Million)
Table 79 Middle East and Africa: Market Size, By Service, 2014–2021 (USD Million)
Table 80 Middle East and Africa: Market Size, By Service Model, 2014–2021 (USD Million)
Table 81 Middle East and Africa: Market Size, By Organization Size, 2014–2021 (USD Million)
Table 82 Middle East and Africa: Market Size, By Application Area, 2014–2021 (USD Million)
Table 83 Middle East and Africa: Market Size, By Industry, 2014–2021 (USD Million)
Table 84 New Product Launches/Upgradations, 2013–2016
Table 85 Agreements, Partnerships, and Collaborations, 2013–2016
Table 86 Mergers and Acquisitions, 2014–2016


List of Figures (56 Figures)

Figure 1 Markets Covered
Figure 2 Global Virtual CPE Market: Research Design
Figure 3 Virtual Customer Premises Equipment: Key Insights
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Market Breakdown and Data Triangulation
Figure 7 Virtual CPE Market Size, 2016–2021 (USD Million)
Figure 8 Virtual Customer Premises Equipment Solutions/Tools Market Snapshot (2016 vs 2021)
Figure 9 Virtual Customer Premises Equipment Service Market Snapshot (2016 vs 2021)
Figure 10 Global Market Analysis, By Enterprises, 2016
Figure 11 North America is Expected to Witness the Highest Growth Rate During the Forecast Period (2016-2021) in the Market
Figure 12 Enterprises in North America are Investing A Substantial Share of Their Revenue in the Virtual Customer Premises Equipment Solutions/Tools and Services
Figure 13 Global Market is Expected to Grow Significantly During the Forecast Period
Figure 14 Application & Controller Platform, Security & Compliance, and Virtual Router are the Most Crucial Segments
Figure 15 BFSI, ITES, and Healthcare Sectors are Expected to Be the Major Areas of Investment Across North America, Europe, and Asia-Pacific
Figure 16 Asia-Pacific to Register the Highest CAGR Between 2016 to 2021
Figure 17 Adoption and Development of Virtual CPE Market are Most Significant in North America and Europe
Figure 18 Market Segmentation: By Component
Figure 19 Market Segmentation: By Solutions/Tools
Figure 20 Market Segmentation: By Service
Figure 21 Market Segmentation: By Service Model
Figure 22 Market Segmentation: By Organization Size
Figure 23 Market Segmentation: By Application Area
Figure 24 Market Segmentation: By Region
Figure 25 Virtual CPE Market: Drivers, Restraints, Opportunities, and Challenges
Figure 26 Virtual Customer Premises Equipment Evolution From 1950 to 2015
Figure 27 Value Chain Analysis
Figure 28 Porter’s Five Forces Analysis
Figure 29 Virtual Customer Premises Equipment Solutions/Tools and Services
Figure 30 Global Virtual Customer Premises Equipment Solutions/Tools and Services Adoption Trend
Figure 31 Virtual Router is Expected to Be the Fastest-Growing Solution in the Virtual CPE Market
Figure 32 Managed Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 33 Infrastructure as A Service is Expected to Showcase the Highest Adoption During the Forecast Period 2016 to 2021
Figure 34 Small and Medium Enterprises Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 35 Application Areas in Education are Expected to Grow at the Highest CAGR During the Forecast Period
Figure 36 Asia-Pacific is Projected to Exhibit the Highest Growth Rate in the Virtual CPE Market During the Forecast Period 2016 to 2021
Figure 37 North America and Europe are the Most Attractive Markets for Investments, 2016-2021
Figure 38 Asia-Pacific Expected to Grow at the Highest CAGR, 2016-2021
Figure 39 North America Market Snapshot
Figure 40 Europe Market Snapshot
Figure 41 Asia-Pacific Market Snapshot
Figure 42 New Product Launches and Upgradations is the Key Strategy Adopted From 2014 to 2016
Figure 43 Battle for Market Share: New Product Launch is the Key Strategy
Figure 44 Battle for Market Share: New Product Launches is the Key Strategy
Figure 45 Geographic Revenue Mix of Top Four Market Players
Figure 46 Cisco Systems, Inc.: Company Snapshot
Figure 47 Cisco Systems, Inc.: SWOT Analysis
Figure 48 Hewlett Packard Enterprises (HPE): Company Snapshot
Figure 49 Hewlett Packard Enterprises (HPE): SWOT Analysis
Figure 50 Juniper Networks, Inc.: Company Snapshot
Figure 51 Juniper Networks, Inc.: SWOT Analysis
Figure 52 Brocade Communications Systems Inc.: Company Snapshot
Figure 53 Brocade Communications Systems, Inc.: SWOT Analysis
Figure 54 International Business Machines (IBM) Corporation: Company Snapshot
Figure 55 Arista Networks: Company Snapshot
Figure 56 NEC Corporation: Company Snapshot

The global Virtual CPE market 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%.  The main driving factors for the growth of the market include the growing demand for virtual or cloud-based solutions, benefit of cost optimization in maintaining hardware, and rising need for mobility.

Among Virtual CPE solutions/tools, the application and controller platform provides a medium where the Virtual CPE services can also be deployed. This solution/tool is expected to hold the second-largest market share during the forecast period. A Virtual CPE solution performs various functions which is controlled based on the priority of operations to be performed on Virtual CPE infrastructure. The demand for application controller platform is increasing due to its importance in performing functions such as Virtual Private Networks (VPN), Network Address Translation (NAT), and security at the service edge.

Among Virtual CPE services, the professional services segment is the largest contributor during the forecast period, whereas managed services segment is expected to grow at the highest CAGR. Professional services include consulting & integration, support & maintenance, and network security services & analytics, which are increasing the growth and awareness of Virtual CPE as the biggest use case of NFV technology.

Among the enterprises segment, the ITES industry is expected to be the second largest contributor during the forecast period. This industry is adopting Virtual CPE solution to leverage on the agile and scalable platform for storing and accessing data in a virtualized environment. The digitalization and revolution of connecting the world virtually has led to the generation of huge amounts of data in the IT industry, thereby boosting the adoption of Virtual CPE solutions in the market.

APAC is expected to be the fastest-growing region during the forecast period; the   adoption of Virtual CPE solutions in this region is expected to be fueled by the increasing need for enterprises mobility and cloud-based solutions. Another reason for the growing demand for Virtual CPE solutions is the rapid expansion of enterprises in the APAC region. North America is expected to lead the Virtual CPE market as the region consists of countries with well-established economies, which allow maximum investment in new technologies.

Virtual Customer Premises Equipment (V-CPE) Market

Concerns regarding security and reliability of virtual architecture, lack of skilled workforce, and limited knowledge among end users are the factors hindering the growth of the Virtual CPE market. As the maintenance of Virtual CPE solutions needs skilled programmers with prior experience in managing customer premises equipment solutions virtually, there is need to educate the customers and define the actual importance of Virtual CPE. Virtualization solution vendors need to offer improved solutions that reduce the risk of storing data on cloud. The dominant market players in this market have adopted partnerships and new product innovations & advancements to maintain their positions in the Virtual CPE market.

Similar to many emerging technologies, virtualization too faces security issues due to its resource sharing methodology. Thus, there is a demand for a solution that not only provides remote access by reducing hardware involvement at the customer’s end, but also secures the critical information.

Cisco Systems, Inc. (California, U.S.), Hewlett Packard Enterprises (California, U.S), Juniper Networks, Inc. (California, U.S.), Brocade Communications Systems, Inc. (California, U.S), IBM Corporation (New York, USA), Arista Networks (California, U.S.), Dell Corporation (Texas, U.S), Ericsson (Stockholm, Sweden), NEC Corporation (Tokyo, Japan), and Versa Networks (California, U.S.) are identified as leaders in the Virtual CPE market, whereas Intel (California, U.S.), Wind River (California, U.S.), Nokia (Alcatel-lucent) (Espoo, Finland), RAD Data Communication (Tel Aviv, Israel), Huawei (Guangdong, China), and ADVA Optical Networking (Munich, Germany) are identified as key innovators in the market. The companies have majorly adopted the strategy of partnership, alliance, and collaboration to achieve growth in the market. The strategy of new product launches/upgradation and partnerships, agreements, and collaborations accounted for the share of 41.46% and 31.71%, respectively, of the total strategic developments, in the global market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Data Center and Networking Markets on KnowledgeStore
Request Demo