Programmable Virtual Network Platform: Introduction
- A programmable network manages the nature and flow control of network devices by software that runs independently of the network hardware. A truly programmable network enables network engineers to reprogram the network infrastructure without having to rebuild it manually.
- Programmable networks offer several advantages over traditional networks, such as reduced long-term costs, the ability of applications to store information about device functions, improved operational flexibility and visibility, support for new data protection and security technologies
- Virtual networks enable communication among several computers, virtual servers, virtual machines (VMs), or other devices in different offices and data centers. Virtual networks enables devices in numerous sites to function with the same functions as a traditional physical network.
- The thorny and daunting path in implementing new solutions at the core of present-day computer networks culminates in a low rate of innovation. The programmable virtual network platform helps to reverse this rate.
- Programmable virtual network platform combines SDN and NV concepts to enable rapid and secure implementation of innovations in the existing network infrastructure.
- The programmable virtual network platform encourages end-users to develop and share novel network solutions, fostering innovation and enabling demonstrating virtual network infrastructure provisioning and programming
Global Programmable Virtual Network Platform Market: Dynamics
Global Programmable Virtual Network Platform Market: Key Drivers
- The market for programmable virtual network platform is expected to expand during the forecast period due to an increased demand for cloud services, data center consolidation, and server virtualization
- Rise in demand for enterprise mobility to improve the productivity of field-based services is likely to drive the market for programmable virtual network platform in the next few years
- Widespread usage of IoT technology increases the need for connected IoT devices. Network infrastructure is required to meet all the requirements of these devices in order to provide adequate connectivity and ensure application-based service delivery, which in turn is estimated to provide significant opportunities for the programmable virtual network platform market in the next few years.
- Expansion and new product launches would offer players in the market of programmable virtual network platforms lucrative opportunities over the next five years
- Demand from small and medium-sized businesses is expected to drive the programmable virtual network platform market due to the development of cloud technology and digitalization
- However, high implementation cost and limited spending on research & development are some factors that restrain the programmable virtual network platform market
Impact of COVID-19 on Global Programmable Virtual Network Platform Market
- In a short period of time, the COVID19 outbreak has influenced customer and market behavior and is having a significant impact on societies and economies
- With indefinitely closed offices, manufacturing facilities, and educational facilities, the postponement of events and sports, social distancing, and the impact of WFH guidelines, organizations are increasingly looking for technology to help them overcome these troubled times
- Hence, significant demand for programmable virtual network platform in various sectors during COVID-19 boosts the market
North America to Hold Major Share of Global Programmable Virtual Network Platform Market
- The global programmable virtual network platform market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- North America is expected to have a prominent role in the global programmable virtual network platform due to the early adoption of cloud-based networks and the presence of companies with the adoption of latest digital technologies. It is also estimated that the partial move to the cloud to improve information services would strengthen the programmable virtual network platform in North America.
- The market of programmable virtual network platform in Asia Pacific is projected to expand during the forecast period, as the region is home to several leading players in the networking industry. APAC is a market for investment that offers significant opportunities for the adoption of virtual network infrastructures.
Global Programmable Virtual Network Platform Market: Competition Landscape
- Various key players are active in the programmable virtual network platform market such as Telstra and ProViNet
- Digital technologies, such as the cloud and the Internet of Things, are driving transformation worldwide. A suitable agile network is required to exploit the full potential of these services. With the Telstra programmable network, users can enjoy flexible, secure, and on-demand connectivity to virtual network services worldwide with an automatic provision in minutes, all through a self-service software-defined networking platform (SDN).
- ProViNet improves the current state of affairs by introducing the concept of Network Programming as a Service, in which applications are created simply by putting together control plane services
Key players operating in the global programmable virtual network platform market include:
- Telstra Corporation Limited
- ProViNet
- Cisco Systems, Inc.
- Telefonaktiebolaget LM Ericsson
- Juniper Networks, Inc.
- Affirmed Networks, Inc.
- Ribbon Communications US LLC
- Ciena
- Huawei Technologies Co., Ltd.
- Arista Networks
- CLOUDGENIX INC.
- Cumulus Networks
Global Programmable Virtual Network Platform Market: Research Scope
Global Programmable Virtual Network Platform Market, by Component
- Solutions
- Services
Global Programmable Virtual Network Platform Market, by Enterprise size
- Small and Mid-Sized Enterprises (SMEs)
- Large Enterprises
Global Programmable Virtual Network Platform Market, by End-user
- Service Providers
- Data Centers
- Enterprises
- Banking, Financial Services, and Insurance (BFSI)
- Healthcare
- Retail
- Manufacturing
- Government and Defense
- Education
- IT-enabled Services
- Others
Global Programmable Virtual Network Platform Market, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
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
- Europe
- 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.
