Dec 2017 - Market Forecast - Doc # US41429616
Worldwide vCPE/uCPE Forecast, 2017–2021: NFV at the Network Edge
This IDC study covers the worldwide market for NFV infrastructure at the network edge, aka vCPE software and uCPE hardware, for the 2017–2021 period.
IDC forecasts the virtual CPE software market to grow from $145.7 million in 2016 to $2 billion in 2021 at a CAGR of 68.3%. The virtual CPE hardware market is expected to grow from a base of $67.8 million in 2016 to $1.16 billion in 2021 at a CAGR of 76.4%.
"A strong business case exists for network functions virtualization at the network edge — the deployment of virtual CPE/VNF software on commodity hardware," said Rajesh Ghai, research director, Carrier Network Infrastructure. "While the short-term business benefit may be in the form of lower acquisition costs, the long-term business case rests on the advantages that accrue from simplicity, flexibility, and agility that it bestows on the enterprise or the service provider delivering the network service. This thought process underpins IDC's market forecast for vCPE infrastructure in this document."