Communications service provider investment in network functions virtualisation use cases will grow to USD16.6 billion worldwide in 2023, at a CAGR of 41%, led by vPacket Core-, vIMS- and vCPE-based services.
There was a significant increase in the number and scale of network functions virtualisation (NFV) deployments in 2019, particularly in the mobile core domain. 5G preparations and roll-outs will be the major driver of new NFV investments in vPacket Core and vIMS/VoLTE. vCPE spending will have the highest growth rate (CAGR 54%) as communications service providers (CSPs) gain operational expertise, simplify and automate service ordering and increase education in the enterprise market.
This report takes the impact of the COVID-19 pandemic into account.
This report provides:
- A detailed, 5-year worldwide forecast for CSP spending by NFV use case, split into:
- four use case categories: vEPC, vIMS, vCPE and other use cases
- four service types: consumer mobile, consumer fixed, business mobile and business fixed
- three market sub-segments: software, hardware and professional services
- eight geographical regions: Central and Eastern Europe (CEE), developed Asia–Pacific (DVAP), emerging Asia–Pacific (EMAP), Latin America (LATAM), the Middle East and North Africa (MENA), North America (NA), Sub-Saharan Africa (SSA) and Western Europe (WE)
- An examination of the key market drivers and inhibitors, and how they will change during the forecast period.
- Recommendations for CSPs and vendors.
Gorkem is the lead analyst for the Video and Identity Platforms programme and a contributor to the Digital Infrastructure Strategies and Network Automation and Orchestration programmes, focusing on producing market share, forecast and research collateral. He started his career in the telecoms industry with a graduate role at a leading telecoms operator, before joining Analysys Mason in late 2013. He has published research on NFV/SDN services business cases, identity management in the digital economy, and has been a key part of major consulting projects including Telco Cloud Index and IPTV/OTT procurement. He holds a cum laude MSc degree in Economics and Management of Innovation and Technology from Bocconi University (Milan, Italy).