Virtual Networking Market Is Projected To Reach A Value Of US$ 3,50,251.2 Million At A CARG 24.80% By 2034

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The Virtual Networking Industry sales study offers a comprehensive analysis on diverse features including production capacities, Virtual Networking demand, product developments, sales revenue generation and Virtual Networking market outlook across the globe.

market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Virtual Networking market (仮想ネットワーキング市場) sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments

The virtual networking market is estimated to be valued at US$ 38,151.6 million in 2024. Projections indicate a remarkable expansion, with a CAGR of 24.80% through 2034, and it is forecast to reach a value of US$ 3,50,251.2 million from 2024 to 2034. Increased reliance on cloud computing in commercial settings for greater flexibility and improved performance over conventional networking has been fueling the market in the past few years.

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The readability score of the Virtual Networking market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.

The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers. 

This Virtual Networking market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Virtual Networking along with key stakeholders as well as emerging players associated with the manufacturing of product.

The Key trends Analysis of Extended Virtual Networking market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.

Key Companies Profiled

·         Huawei Technologies Co., Ltd.

·         Hewlett Packard Enterprise Development LP

·         VMware, Inc.

·         Cisco Systems, Inc

·         Microsoft Corporation

·         IBM Corporation

·         Citrix Systems, Inc.

·         Juniper Networks, Inc.

·         Oracle

·         Verizon Communications Inc.

 Competitive Analysis :

The global virtual networking industry consists of many companies, such as Huawei Technologies Co., Ltd., Hewlett Packard Enterprise Development LP, VMware, Inc., Cisco Systems, Inc., Microsoft Corporation, etc. These companies have a strong foothold in the international marketplace with a loyal consumer base, ranging from network service providers, telecom service providers, cloud service providers, etc. There is a presence of small companies, too, in the market. These companies cater to the demands of regional businesses and SMEs.

·         On April 20, 2023, Melon Mobile, an MTN-backed MVNO, disrupted SA's prepaid industry with fully digital services. MTN aggressively pursued dominance in the MVNO market, aiming to strengthen its position by leveraging network infrastructure for data and voice services. Top of Form

·         In 2023, Samsung Networks and Intel announced the availability of running Samsung's VRAN 3.0 software stack on Intel's 4th Generation Xeon Scalable CPUs with VRAN Boost. Top of Form

·         In 2023, Jellyfish Mobile launched as a 5G web3-enabled MVNO (Mobile Virtual Networking Operator). Users can now have ownership of their wallet address, ensuring secure identification and contact capabilities while mitigating risks of sim swap attacks.

Virtual Networking Industry Survey by Category

·         By Component:

o    Solutions

§  Virtual Machines

§  Virtual Network Switches

§  Cloud NAS (Network Attached Storage)

§  Virtual WAN Optimization Controllers

o    Services

§  Professional Services

§  Business Consulting Services

§  Network Integration & Optimization Services

§  Network Virtualization Services

§  Support & Maintenance

§  Managed Network Services

·         By Enterprise Size:

o    Small & Medium Enterprises

o    Large Enterprises

·         By End User:

o    Network Service Providers

o    Telecom Service Providers

o    Managed Service Providers

o    Cloud Service Providers

o    Data Centers Providers

o    Enterprises

§  BFSI

§  Manufacturing

§  Retail

§  Healthcare

§  Others

·         By Region:

o    North America

o    Latin America

o    Europe

o    Asia Pacific

o    The Middle East & Africa (MEA)

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