Virtual CPE Market- Overview:

global virtual customer premises equity (CPE) market is expected to reach an estimated evaluation of USD 3 Bn by the end of 2022. Market Research Future projected an exceptional CAGR of 43% during the forecast period of 2016 to 2022.

The major growth driver of Virtual CPE Market includes growing adoption of virtual CPE network infrastructure, growing adoption of internet technologies and growing need of enterprise mobility market among others.

The virtual customer premises equity (CPE) market is gaining traction with the industry becoming more reliant on digitalized processes. Conventional data delivery and network services need hardware devices, whereas, virtual service does not require any hardware device. Its premise is set with software devices and virtualization tools that can assist in the replication of routing, provide firewall security, and create a virtual private network. The global virtual CPE market is all set to hurdle past a valuation of USD 2.6 billion with a stellar 27% CAGR during the forecast period (2017-2023). Reports of the Market Research Future (MRFR) further elaborates that the companies can gain much from this virtualization as it eases the connectivity procedure and allows remote connectivity. But what lures most of the companies is its cost-effective pricing. In addition, it can reduce the traffic network load as well. Increasing internet adoption to mobilize operating system can also propel the virtual CPE market growth. At the same time, companies are now opting for personal clouds which can provide them with much opportunities and functional ease.

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Despite such large-scale adoption of the personal cloud technology, the growth of the virtual CPE market can dwindle any moment. Cloud-based information always has the chance of getting hacked by online hackers which can reveal personal identity and information of many.

Virtual CPE Market- Competitive Landscape:

Leadingcompanies in the virtual CPE market are virtual NEC Corporation (Japan), Orange Business Services (The Netherlands), Qosmos (France), Verizon Wireless (U.S.), Cisco Systems, Inc (U.S.), Ericsson AB (Sweden), AT&T, Inc (U.S.), CPE include Intel Corporation (U.S.), International Business Machines, Corporation (U.S.), Dell, Inc (U.S.), and others.

Among the other enterprises Juniper Brocade Communications System, Inc (U.S.), Hewlett Packard Enterprises (HPE) (U.S.), Arista Networks, Inc (U.S.),Inc. (U.S.), ADVA Optical Networking SE (GermanyVersa Networks), Huawei Technologies Co., Ltd (China), RAD Data Communications (Israel), Ciena Corporation (U.S.), Networks, Inc (U.S.), Lanner Electronics Incorporated. (Taiwan), Accedian Networks Inc. (Canada), Fortinet Inc. (U.S.), Anuta Networks (U.S.), F5 Networks, Inc (U.S.), Criterion Networks, Inc (U.S.), ALTEN Calsoft Labs (U.S.), Cloudify Platform Ltd (U.S.), are doing a remarkable job.

Virtual CPE Market- Segmentation:

The virtual CPE Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by deployment models: Comprises Classic CPE model and cloud hosted CPE model among others.

Segmentation by services: Comprises Routing, Security, VPN, NAT, WAN optimization and access control among others.

Segmentation by application: Comprises Enterprises (Small/Medium) and Residential among others.

Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Latest Industry News

Microsoft is offering a public preview of both Azure Virtual WAN and Asure Firewall in an effort to demonstrate the vCPEs for scure connectivity of offices and infrastructure.

Colt is working German company Adva to build and deploy a global vCPE platform (uCPE). Adva is providing Colt with its Ensemble Connector for its network operating systen and hosint platform for third-party applications which include virtual netowork functions, SD-WAN and firewalls.

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Regional Analysis

Globally, North America accounts for the largest share of the total market with the U.S leding growth for the region. North America is primarily made up of develop economies which has an affinity toward the adoption of the latest technological advancements, as such, the region has a high number of vCPE service providers which offer custom services in an effort to meet the massive demand.

Meanwhile, the Asia-Pacific is growing rapidly with countries such as China and Japan leading growth for the region. The large investments in the region toward the development of NFV and cCPE technologies and the rapidly increasing adoption of software defined virtual technology combined with significant IT hubs present in countries such as India are expected to accelerate market growth during the assessment period.

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