Virtual Networking Market

Virtual Networking Market

Global Market Study on Virtual Networking: Rising Need for Easing Network Management to Aid Market Growth

  • XPLREP5711

  • July, 2020

  • 300 Pages

  • ICT

Virtual Networking Market to Escalate Amidst Covid-19

As per a report available on XploreMR, the global virtual networking market is expected to upscale real-time between 2020 and 2030.

The ever-increasing demand for virtual networking solutions as well as services for monitoring and managing their whole lot of local and global networks centrally is bound to drive the virtual networking market in the upcoming period.

Business expansion, in today’s parlance, can’t be imagined without safe communication, i.e. the one that could be implemented over a secured network. This is where the concept of virtual networking comes to the being. As such, enterprises could have an international network, that too, within the private framework for communicating and accessing data across every branch office and subsidiary.

What does the Virtual Networking Market Structure Say?

Virtual Networking does enable end-users to keep a tab on the company’s network, in terms of managing, monitoring, and accessing. Organizations/companies are also entitled to access the portal wherein every network activity like SLA management, service management, performance reporting, and network health monitoring get reported, which, in turn, simplifies the task of network management. Threats could be notified to the users by solution providers. Plus, optimum utilization on the part of resources is ascertained. This enhances the overall efficiency. So, it could be inferred that “easy network management” is one of the factors propelling the virtual networking market.

On these lines, VMware, Inc., in Feb 2019, did integrate SD-WAN with Telco Systems and ADVA Optical Networking for delivering uCPE (universal Customer Premise Equipment). This integration helped VMware in bringing multiple services on one platform, thereby making management and delivery of virtual applications and services easy.

The cloud-based market has witnessed a substantial growth with respect to mobility, flexibility, scalability, and higher bandwidth. Virtual networking solution providers have a whale of opportunities in the form of cloud service providers. Collaborations between them does help in resolution of problems related to cyber threats and security.

Covid-19 Impact

Though the manufacturing industry has taken a backseat across the globe, the IT solution providers are riding high, especially after the “new” normal of “work from home” has been implemented. The usage of multimedia services, social media, and mobile applications has witnessed geometric progression post lockdown. Cloud-based virtual networking solutions do enable an all the time more rewarding experience on the part of consumers, and is expected to grow at the rate of close to 10% between 2020 and 2030.

Region-wise Analysis

The global virtual networking market constitutes North America (Canada, US), Eastern Europe (Russia and Poland), Western Europe (Luxembourg, The Netherlands, Belgium, Nordic countries, Italy, Spain, France, UK, Germany), Asia-Pacific (New Zealand, Australia, ASEAN, Japan, India, China), MEA (North Africa, Southern Africa, GCC), and Latin America (Chile, Peru, Brazil, Mexico, and others).

North America held the largest share of virtual networking market in the year 2019. This could be credited to network infrastructure. Europe comes in second. However, in future, the baton would be in the hands of the Asia-Pacific. The start-ups coming up over here at a rapid pace are opening doors for frugal solutions and services to manage enterprise networks. Virtual private networks serve the purpose herein as network management cost gets eliminated.

Competitive Landscape

The key players in the Virtual Networking Market include Citrix Systems, Microsoft, Oracle, Hewlett Packard, VMware, IBM, Verizon, Virtual Network Solutions, and Huawei Technologies.

Virtual Networking Market – Report Scope

XploreMR recently published a new research analysis on the virtual networking market for the assessment period of 2020-2030. The research study offers a close look at the evolving aspects of the virtual networking market as well as the dynamics impacting market growth. The research study focuses on key developments that have made their mark in the virtual networking market, and other developments that are on the cards. The report talks about various macro- and micro-economic factors responsible for having an in-depth impact on the growth of the virtual networking market.

A direct market overview provides the growth scenario and market potential with maximum precision, which is adjudged with suitable assumptions. The report features unique and relevant factors that are likely to have a significant impact on the virtual networking market during the forecast period. This report includes a detailed and considerable amount of information, which will help new manufacturers in the most comprehensive manner for better understanding.

Several stakeholders in the virtual networking market can rely on the data offered in this research study and delve into pragmatic decision-making. Moreover, information offered in the virtual networking market report also helps new market entrants expand their bases in the market space.

The report elaborates the historical and current trends molding the growth of the virtual networking market. The performance journey of the virtual networking market has been drawn and analyzed in way that the lucrative side of the market is evident to readers. The competitive landscape presented in the virtual networking market report gives a detailed outlook of the profiles of key companies operating in the market, along with their differential strategies and key focus areas.

Virtual Networking Market: Segmentation

XploreMR’s research study on the global virtual networking market offers a detailed market taxonomy, wherein, key segments have been discussed in detail. The segmentation of the virtual networking market has been offered on the basis of component, enterprise size, end user, and region. Every segment has been analyzed in detail, and data pertaining to the growth of each segment has been included in the study.

Component

Enterprise Size

End User

Region

Solutions

  • Virtual Machines
  • Virtual Network Switches
  • Cloud NAS (Network Attached Storage)
  • Virtual WAN Optimization Controllers
  • Others

Small & Medium Enterprises

Network Service Providers

North America

Services

  • Professional Services
    • Business Consulting Services
    • Network Integration & Optimization Services
    • Network Virtualization Services
    • Support & Maintenance
  • Managed Network Services

Large Enterprises

Telecom Service Providers

Latin America

 

 

Managed Service Providers

Europe

 

 

Cloud Service Providers

East Asia

 

 

Data Centers Providers

South Asia & Pacific

 

 

Enterprises

  • BFSI
  • Manufacturing
  • Retail
  • Healthcare
  • Others

Middle East and Africa

Virtual Networking Market: Key Questions Answered in the Report

The research study on the virtual networking market offers inclusive insights about the growth of the market in the most comprehensible manner for the better understanding of users. Insights offered in the virtual networking market report answer some of the most salient questions that assist stakeholders in gauging all the emerging possibilities.

  • How are small and medium enterprises creating new opportunities for the virtual networking market?
  • What are the key trends that are constantly shaping the growth of the virtual networking market?
  • Which are the prominent regions offering plentiful opportunities for the virtual networking market?
  • What are the key differential strategies being adopted by key players to command a significant chunk of the global market share?

Virtual Networking Market: Research Methodology

A unique and promising research methodology forms the base of the virtual networking market report for the forecast period. The report has been prepared after comprehensive analysis of market happenings, and then, riveting insights have been compiled meticulously. The research methodology of the virtual networking market report has been a two-step process that comprises primary and secondary research. Key stakeholders such as virtual networking manufacturers, suppliers, and distributors have been interviewed, along with experts of several designations, including executive vice presidents, directors, service engineers, technical advisors, GM marketing professionals, and sales professionals.

Secondary sources referred to garner report findings include investor presentations of manufacturers, World Bank, and many other credible sources.

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Global Market Study on Virtual Networking: Rising Need for Easing Network Management to Aid Market Growth
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