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General

Network functions virtualisation infrastructure market to hit EUR 5.6 bln in 2022

Friday 24 August 2018 | 11:02 CET | News
The nascent network functions virtualisation infrastructure (NFVI) market is set to grow from revenues of just USD 564 million in 2017 to reach USD 5.6 billion in 2022, according to IDC's first report on the sector. Sales are expected to grow at a compound annual growth rate of 58.1 percent over the 2017-2022 forecast period as operators ramp up their network transformation. Communications service providers are increasingly embracing software-defined networking (SDN) and deploying network functions in virtualised (NFV) form factors, said the report.

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Categories: General
Countries: World
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