TECH SUPPLIER Sep 2021 - Market Forecast - Doc # US48177321
Worldwide vCPE/uCPE Forecast, 2020–2025: Emergence of SD-Branch and NaaS Provides Opportunity for Communications Service Providers
This IDC study covers the worldwide market for NFV infrastructure at the enterprise network edge, aka vCPE software and uCPE hardware, for the 2021–2025 period. IDC forecasts the virtual CPE software market to grow from $901.3 million in 2020 to $3.02 billion in 2025 at a CAGR of 27.4%. The virtual CPE (uCPE) hardware market is expected to grow from a base of $424.2 million in 2020 to $841.7 million in 2025 at a CAGR of 14.7%.
"The vCPE market will continue to grow as enterprises and communications service providers (SPs) gradually embrace network virtualization technologies to deliver on the promise of SD-Branch and network as a service (NaaS) to bring new deployment and consumption models and services to market," said Ajeet Das, research director, Carrier Network Infrastructure. "As the industry slowly but surely addresses impediments such as the cost of hardware and the maturity of VNF software and its integration, the combined software and hardware market is evolving toward $4 billion by 2025."
Application delivery, Firewall and VPN security appliance products, Networking virtualization, Routers, System and network management software, Unified threat management, Virtual private network products, Wireless LAN infrastructure
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