Persistence Market Research has announced the addition of the “Virtual Networking Market: Global Industry Analysis and Forecast 2017 - 2025" report to their offering.
New York, NY -- (SBWIRE) -- 01/11/2018 -- Virtual networking is a technology which eases the control of remotely located computer devices or server or any other connected devices through the internet. Using a web-browser, data which is stored can be recovered, software can be run and peripheral devices can also be operated in a virtual network. Virtual networking facilitates alliance of diverse services on a single hardware platform called virtual services switch. The centralized control minimizes the cost and complexity of operation and maintenance of hardware and software compared with managing numerous separate devices in widely spread geographical locations. In order to use virtual networking, it is necessary to install virtual networking software on remote computers or servers in order to get benefits of virtual networking technology.
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Virtual networking enables service provider network or data center to provision the most suitable and efficient networking structure for application of its hosts and to alter the structure as required rather than making changes physically in the connections in hardware.
Global Virtual Networking Market: Market Drivers and Challenges
Advancement in networking technology, high adoption of advanced communication method by the population and continuous innovation in the solution offered by virtual network solution provider are a few factors that are positively impacting the growth in the adoption of virtual networking worldwide. These factors are encouraging the growth in revenue of global virtual networking market.
However, software is burdened in order to make the hardware fully operation in case of virtual networking. Sometime this acts as a challenge as virtualization requires software installation. Security and primacy are among the other challenges that vendors offering virtual networking solutions face.
Global Virtual Networking Market: Segmentation
Global virtual networking market is segmented into component type, deployment type, infrastructure type, application and region
On the basis of component type, the global virtual networking market can be segmented into hardware, software, and services. Software segment can further be sub-segmented into on-premise and cloud-based.
On the basis of deployment type, the global virtual networking market can be segmented into on-premise and cloud-based.
On the basis of license type, the global virtual networking market can be segmented into licensed and unlicensed.
On the basis of end-user industry, the global virtual networking market can be segmented into banking, financial services and insurance (BFSI), public sector, manufacturing, hospitality, healthcare, IT and telecommunication and others.
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Global Virtual Networking Market: Regional Outlook
On the basis of regions, the global virtual networking market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and Middle East and Africa.
Asia Pacific excluding Japan, Japan and Western Europe virtual networking markets have the major share in the global virtual networking market in 2016, owing to the increasing disposable income of the population in these regions. North America and Eastern European market possess opportunity and are relatively new as compared to the other regional markets. Virtual networking market in Latin America and Middle East and Africa is expected to witness positive growth in the forecast period.
Global Virtual Networking Market: Competition Landscape
Key players in the global virtual networking market include Oracle Corporation, VMware Inc., Huawei Technologies Co. Ltd., Microsoft Corporation, Verizon Enterprise, IBM Corporation, Hewlett Packard Enterprise, Citrix Systems, Inc., and Virtual Network Solutions, Inc.
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