Persistence Market Research delivers pertinent insights on the growth of the SDN and NFV Technology in Telecom Network Transformation Market and identifies key market dynamics impacting this growth.
New York, NY -- (SBWIRE) -- 01/13/2017 -- SDN and NFV technology in telecom network transformation and network function virtualization (NFV) are two separate networking technologies that are becoming backbone of any communication network now-a-days. These technologies provide ease in operating a communication network. While SDN facilitates a telecom operator to reduce the network complexity and bring down the overall management cost, NFV makes a particular network completely software agnostic. Enterprises, cloud service providers, and telecommunication service providers are biggest beneficiaries of this.
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In telecommunication sector, there is a lot of margins pressure on service providers, due to the changing needs of consumers such as data consumption and usages of OTT services. Conventional networks of service providers are not capable to handle this particular demand from consumers. That's why they are reconfiguring their network with the help of SDN and NFV technologies, in order to manage the challenges of traffic explosion and increase the average revenue per user (ARPU).
Global SDN and NFV technology in telecom network transformation in Telecom Network Transformation Market: Drivers and Challenges
The major reason behind the adoption of SDN and NFV by service providers in their network transformation is because SDN and NFV technologies are synergetic and they offer improved programmability, faster service enablement, and most importantly lower down the overall CAPAEX and OPEX for the service providers. SDN and NFV provide a complete digital network that is essential to increase customer satisfaction level. SDN and NFV technology in telecom network transformation emerged as paradigm that has potential to transform service providers' networks by delivering cloud style nimbleness and innovation.
The communication network telecom service providers are generally more complex, multilayer, and have variety of users that require high network availability and performance. As compared to data centers, a more stringent set of requirements will need to be met, in order to deploy SDN and NFV in these network.
Global SDN and NFV technology in telecom network transformation in Telecom Network Transformation Market: Segmentation
SDN and NFV technology in telecom network transformation in telecom network transformation market can be segmented on the basis of component, technology, and region. Component category include software and different types of services such as professional services and managed services. On the basis of technology, the market can be segmented into SDN and NFV. Region wise, the Market can be segmented into North America, Latin America, Asia Pacific, Japan, Eastern Europe, Western Europe, and Middle East & Africa.
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Cisco System Inc. Hewlett Packard Enterprise, IBM Corporation, Juniper Networks, Pica8, Inc., Intel Corporation, and Big Switch Networks, Inc. are some of the big players of global SDN and NFV technology in telecom network transformation market.
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