Global Network Virtualization Market: Overview
Despite being an emerging technology, the demand for network virtualization (NV) is rising at a positve rate. It is used for creating virtual networks on top of Ethernet physical networks. The implementation of network virtualization has gained pace because of its ability to scale beyond the limits of vLAN thereby providing support to hyper-scale datacenter networks. Furthermore, deploying network virtualization does not require any change in underlying physical network, which is a chief factor aiding its proliferation.
Network virtualization is in its initial stage of adoption but covers various competition standards, multiple open source options, and several technology suppliers. Based on type, the global network virtualization market can be segmented into datacenter, desktop, network, and application. The report provides a comprehensive overview of the global network virtualization market. It covers growth drivers and restraints impacting the market’s trajectory between 2016 and 2024.
The effect of Porter’s five forces is studied in detail to gauge the bargaining power of suppliers and buyers, degree of competition prevailing in the market, and threat from new entrants and substitute. The report is therefore compiled with exhaustive information aimed at providing a better perspective of the global network virtualization market to its readers.
Global Network Virtualization Market: Trends and Opportunities
The global network virtualization market is exhibiting a robust growth. The technology is adopted by organizations worldwide because it is easier to manage and helps in reducing the time required for an administrator to perform a task. It therefore helps in improving efficiency, productivity, and job satisfaction by the virtue of automation. Furthermore, network virtualization also helps in reducing complexity of any network.
IT businesses that have implemented the technology already have found it easier to manage files, programs, and images through a single physical site. It has also made easier for them to add to disconnect any storage media such as tape drives or hard drives and relocate or share storage space among servers. Network virtualization offers better network speed, scalability, security, and reliability. The increasing knowledge about the same is aiding the market’s growth around the world.
However, adoption of the NV technology is still at a nascent stage with only a handful of leading-edge enterprises in production and a few service providers deploying it in pilot phases. Nevertheless, with technological advancements the market is projected to witness accelerated pace of gains in the coming years.
Global Network Virtualization Market: Regional Outlook
Asia Pacific, Europe, North America, and Rest of the World are among the geographies discussed under this report. Factors influencing the market across these regional segments are studied in detail. Besides this, the report also presents insights into the most lucrative pockets for the network virtualization market across the aforementioned regions. The impact of respective government policies on the overall market operations is discussed at length.
Global Network Virtualization Market: Vendor Landscape
Some of the companies offering network virtualization solutions are BMC, HP, IBM, Sun Microsystems, Microsoft, VMware, Cisco Systems, Oracle, Red Hat, and Symantec. Because the market is still at a nascent stage, policies adopted by these companies and steps taken towards funding research and development for further innovation will have a considerable influence on the market’s trajectory.
Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.