Virtual CPE Market Scenario:
global Virtual CPE market is expected to reach an estimated evaluation of USD 3 Bn by the end of 2022.
The major growth driver of Virtual CPE Market includes growing adoption of virtual CPE network infrastructure, growing adoption of internet technologies and growing need of enterprise mobility market among others. Market Research Future projected an exceptional CAGR of 43% during the forecast period of 2016 to 2022.
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These factors work as strong drivers for the global vCPE market. In its recent report on the subjectThe virtualization of technology helps in information exchange, group discussions, and online programs are expected to drive the market over the forecast periodGeographically, North-America accounted for the largest market share in the global virtual customer premises equipment market whereas Asia-Pacific region is expected to grow at a fast pace over the forecast period 2016-2022.
Intel Corporation (U.S.), Qosmos Inc. (France), AT&T Inc. (U.S.), NEC Corporation (Japan), Orange business services (Netherlands), Verizon wireless (U.S.), Cisco systems Inc. (U.S.), Ericsson Inc. (Sweden), IBM corporation (U.S.), Dell Inc. (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Mobile Security Market.
Global Virtual CPE Market – Segmentation
The virtual CPE Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by deployment models: Comprises Classic CPE model and cloud hosted CPE model among others.
Segmentation by services: Comprises Routing, Security, VPN, NAT, WAN optimization and access control among others.
Segmentation by application: Comprises Enterprises (Small/Medium) and Residential among others.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific and Rest of the World.
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Regionally, North-America accounted for the largest Virtual CPE market share especially in the countries such as U.S majorly due to the presence of a large number of v-CPE service providers offering custom-made solutions to multiple end-users areas.
Asia-Pacific region is expected to grow over the forecast period, 2016-2022 especially in countries such as China and Japan majorly due to heavy investment in the development of NFV and v-CPE technologies with the growing adoption of software-defined technologies.
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