The traditional method of data delivery and network services takes place through hardware devices. However, virtual customer premise equipment, on the other hand, does not use any specific hardware. It rather uses software and virtualization tools to replicate services such as routing, security in the firewall, and also virtual private network. The enterprises are heavily benefitted from virtualization as it improves the delivery of network service, allows for remote connectivity, and tends to be low on maintenance. Many enterprises are also benefitted from the network traffic load distribution.
One of the major driving factors for the virtual customer premise equipment is the adoption of virtual CPE network infrastructure, increasing adoption of internet technologies and growing need of enterprise mobility market among others.
Among the regions mentioned above and countries, the market was highly dominated by North America in 2017. This dominance was due to an established technological market establishment, especially in the United States. Also due to the higher adoption of virtual CPEs in enterprises contribute heavily towards the growth of this market in the United States and neighboring countries.
The virtual CPE market has also seen its application in residential areas. There are many developments being done in the technology and technologies related to it. Many enterprises including various start-ups have begun deploying CPE either classic way or adoption through the cloud and have also started making a partnership with service providers and prominent players.
In 2018, the global Virtual Customer Premise Equipment (CPE) market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Virtual Customer Premise Equipment (CPE) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Virtual Customer Premise Equipment (CPE) development in United States, Europe and China.
The key players covered in this study
Orange Business Services
Brocade Communications System
ADVA Optical Networking
RAD Data Communications
ALTEN Calsoft Labs
Market segment by Type, the product can be split into
Cloud Hosted CPE
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Virtual Customer Premise Equipment (CPE) status, future forecast, growth opportunity, key market and key players.
To present the Virtual Customer Premise Equipment (CPE) development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Virtual Customer Premise Equipment (CPE) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.