NFV market to pass $12 billion by 2020
By the end of 2020, research estimates that NFV investments will account for over $12 Billion. And the research estimates that NFV and SDN investments on service provider networks will account for over $18 Billion. These investments will initially focus on EPC/mobile core, IMS, policy control, CPE (Customer Premises Equipment), CDN (Content Delivery Network) and transport networks.
The NFV concept seeks to virtualize and effectively consolidate many service provider network elements onto multi-tenant industry-standard servers, switches and storage. Not only can it help address the explosive capacity demand of mobile traffic, but it can also reduce the CapEx and OpEx burden faced by service providers to handle this demand by diminishing reliance on expensive proprietary hardware platforms.
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