The researchers have considered all the factors influencing the growth of the virtual Customer Premises Equipment (vCPE) market The global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Virtual Customer Premises Equipment (vCPE) market. However, The lack of standardization in production processes is expected to impede market growth during the forecast timeline.
CPE is also known as customer-provided equipment. Customer Service Unit/Data Service Unit (CSU/DSU), cable and Digital Subscriber Line (DSL) modems, or Integrated Services Digital Network (ISDN) adapters are a few of the devices one can notice.
On 6 October 2022, ADVA and NEC Corporation announced that Etisalat UAE, the telecoms division of e (previously Etisalat Group), will provide on-demand virtual services to its corporate customers using ADVA's suite of Ensemble NFV technologies. NEC will implement the solution in close cooperation with Etisalat UAE, which is onboarding various network functions on top of the platform.
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Key Players operating in the industry are:
- The solutions/tools segment is expected to lead in terms of revenue share in the global market over the forecast period. The use of vCPE systems and technologies has several advantages. Faster deployment, cost savings, using only what is required, and limitless flexibility are a few advantages. One will not need to transfer as many devices to each location due to fewer hardware components. Once their virtualized operations are set up at their service delivery site or data center, one box can be used to activate branch sites. If they also employ automation through zero-touch provisioning, they only need to install and boot each device once, after which they can watch as their network expands on its own. They can deploy in a matter of minutes and save money on devices, shipping, and support.
- The on-premises segment is expected to account for a large revenue share over the forecast period. On-premises, when vCPE solutions are offered on-premises, is the more traditional choice. The on-premises solutions for the vCPE are frequently owned by the business owner. For instance, government organizations favor an on-premises vCPE over a third-party provider. This is particularly true for bigger businesses or organizations that have a lot of equipment.
- The data centers and telecom service providers segment is expected to account for a large revenue share over the forecast period owing to the increasing need for vCPE for this purpose. Customer Premises Equipment (CPE), also referred to as telecommunications and IT equipment, is retained by the customer rather than being located on the service provider's premises. Phone handsets, cable TV set-top boxes, and Digital Subscriber Line (DSL) routers are examples of CPEs. A carrier's communications circuit establishes connectivity at a demarcation point, also known as demarc. The demarcation point is typically the supplier of the service's main office. Examples of service providers are telecommunications companies or networking and communications suppliers such as Cisco. Providers of cybersecurity services such as hardware-based firewalls and intrusion prevention or detection systems can be included in this list.
- Market in North America is expected to account for the largest revenue share during the forecast period, which is attributed to increasing activities by key market players in countries in the region. For example, HPE announced significant enhancements to its edge-to-cloud platform-as-a-service strategy, including faster HPE GreenLake delivery times and next-generation cloud services. The brand-new HPE GreenLake cloud services help clients transform and modernize their applications and data, the majority of which are housed on-site, in colocation facilities, and increasingly at the edge. These services include container management, machine learning operations, virtual machines, storage, computing, data protection, and networking.
Key Players operating in the industry are:
Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, Juniper Networks, Inc., Broadcom, IBM, Arista Networks, Inc., Dell Inc., Telefonaktiebolaget LM Ericsson, NEC Corporation, Intel Corporation
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Virtual Customer Premises Equipment (vCPE) Market segmentation:
For the purpose of this report, Emergen Research has segmented the global virtual Customer Premises Equipment (vCPE) market on the basis of component, deployment mode, application, and region:
Component Outlook (Revenue, USD Million; 2019–2030)
- Solutions/Tools
- Services
Deployment Mode Outlook (Revenue, USD Million; 2019–2030)
- Cloud
- On-Premises
Application Outlook (Revenue, USD Million; 2019–2030)
- Data Centers Telecom Service Providers
- Enterprises
Regional Analysis Covers:
The Global Virtual Customer Premises Equipment (vCPE) Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Virtual Customer Premises Equipment (vCPE) market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The all-inclusive report on the Global Virtual Customer Premises Equipment (vCPE) Market added by Emergen Research demonstrates that the global Virtual Customer Premises Equipment (vCPE) market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Virtual Customer Premises Equipment (vCPE) market.
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