NFV MANO Market Size estimated at $3.15 billion in 2023
Arcluster, the market research and consulting firm, forecasts the NFV MANO market to reach $3.15 billion in 2023, in its latest and most comprehensive study on the Worldwide NFV MANO Market [by Components (NFV Orchestrators (NFVO), Virtual Network Functions (VNF) Managers (VNFMs), Virtualized Infrastructure Managers (VIMs); by Segments (Software, Services); by Regions]: Market Sizes and Forecasts (2018 – 2023). Arcluster forecasts substantial market growth for NFVOs and VNFMs across multiple service providers and regions.
The report states that there is a lot of industry buzz on 5G and future generations of communications and commercial services. MANO is key to achieving the benefits of such large-scale rollouts. “NFV MANO is not a loosely coupled negligible entity. Rather, it’s the most important transformation dynamic that the operator and service provider industry has undertaken in the recent past.” said Arun Nirmal, Research Director at Arcluster. “NFV loses its efficiencies in cost, operations, scale, and speed, and even most of its glory without NFV MANO, making NFV exercises for service provider less valuable and exposing themselves to more vendor lock-in”
Arcluster’s report on the NFV MANO market spans 75 pages and includes 49 market data tables, figures, and charts. NFV MANO Market Size and Forecasts within the report are provided by
- Segments: Software, Services (Design and Consulting, Implementation and Integration, Maintenance and Support)
- Components: NFV Orchestrators (NVFOs), VNNF Managers (VNFMs), Virtualized Infrastructure Managers (VIMs)
- Regions: North America; Europe; Asia-Pacific; Central/ Latin America; Middle-East and Africa.
NFV MANO Market Size and Forecast data in the report is highly useful for market players, vendors, service providers, integrators, consultants, and venture capital firms. Buy the report here
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Arcluster is an innovation design and market consulting company. Its primary purpose is to address business challenges of sustainable growth with intelligent and value-driven solutions. It accomplishes this by actively discovering, dissecting, and analyzing micro-emerging trends and technologies across multiple industries. Its solution portfolio is based on a four-pillared structure comprising Advisory,Research, Consulting, and Services. Arcluster is headquartered in Singapore and caters to clients across the globe.