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.
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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.
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