Network Function Virtualization (NFV) Market Growing at a CAGR 22.9% | Key Player Cisco, Ericsson, H
February 22, 2023 ⚊ 1 Min read ⚊ Views 64 ⚊ NEWS
The Network Function Virtualization (NFV) Market size is projected to grow from USD 12.9 billion in 2019 to USD 36.3 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 22.9% during the forecast period. The major factors driving the growth of the NFV market include the demand for network virtualization and automation, increased emergence of cloud services and server virtualization, and need for advanced network management systems.
Tags: Network Function Virtualization
