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Virtual Networking Market Share

ID: MRFR//5913-CR | 132 Pages | Author: Ankit Gupta| February 2019

The Virtual Networking market is a rapidly evolving industry that offers various market share positioning strategies for companies to gain a competitive edge. These strategies enable companies to differentiate themselves and capture a significant market share in the virtual networking market.

One key strategy is technology leadership, where companies position themselves as pioneers in virtual networking solutions. They invest heavily in research and development to develop cutting-edge technologies and innovative features. By offering advanced functionalities such as software-defined networking (SDN) and network virtualization, companies can attract customers who value technological superiority. This strategy allows companies to gain a larger market share by positioning themselves as industry leaders in virtual networking solutions.

Another positioning strategy is cost leadership. Some companies choose to position themselves as low-cost providers in the market. They focus on offering virtual networking products and services at a lower price compared to their competitors. This strategy targets price-sensitive customers who prioritize affordability. By offering cost-effective solutions without compromising on quality, companies can capture a larger market share, particularly in price-sensitive markets or during economic downturns.

In contrast, companies may opt for a premium positioning strategy. They position themselves as providers of high-quality, feature-rich virtual networking solutions. These companies target customers who value superior performance, scalability, and reliability. By offering advanced features such as network security, load balancing, and traffic optimization, they attract customers who are willing to pay a premium for enhanced functionality. This strategy enables companies to capture a significant market share by positioning themselves as premium providers in the virtual networking market.

Market segmentation is another effective strategy in gaining market share in the virtual networking market. Companies identify specific customer segments and tailor their products and marketing efforts accordingly. For instance, companies may target small and medium-sized enterprises (SMEs) that require cost-effective and scalable virtual networking solutions. Similarly, they may focus on large enterprises with complex networking needs, offering advanced features and customized solutions. By understanding the unique requirements of each segment, companies can effectively position their products and capture a larger market share.

Branding is also crucial in market share positioning. Companies invest in building a strong brand image and reputation in the virtual networking market. A well-established brand can evoke trust, reliability, and credibility in the eyes of customers. By positioning themselves as trusted providers of virtual networking solutions, companies can attract customers who value brand recognition and associate it with superior quality. This strategy enables companies to gain a significant market share by leveraging their brand image and reputation.

Lastly, companies may focus on geographic positioning. They target specific regions or countries where there is a high demand for virtual networking solutions. By understanding the local market dynamics, regulations, and customer preferences, companies can tailor their products and marketing strategies to effectively penetrate and gain market share in these regions. This strategy allows companies to capitalize on regional opportunities and establish a strong presence in target markets.

Covered Aspects:

Report Attribute/Metric	Details
Base Year For Estimation	2019 Forecast Period 2020-2030 Historical Data 2018 Forecast Units Value (USD Million) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Type, By Application Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW) Key Vendors Huawei Technologies Co. Ltd, Hewlett Packard enterprise Co., IBM Corporation, Oracle Corporation, Microsoft Corporation, VMware, Inc., Citrix Systems, Inc., Virtual Networking Solutions, and Verizon Communications Inc Key Market Opportunities The primary types of components assessed in this report, that are required for successful operation of virtual networking system, include hardware, software, and devices. For opportunity analysis, the application areas of virtual networking are also covered in the report on the global virtual networking market. Key Market Drivers The rise in adoption of cloud-based solutions is the factor that is propelling the growth of the global virtual networking market.
Historical Data	2018 Forecast Units Value (USD Million) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Type, By Application Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW) Key Vendors Huawei Technologies Co. Ltd, Hewlett Packard enterprise Co., IBM Corporation, Oracle Corporation, Microsoft Corporation, VMware, Inc., Citrix Systems, Inc., Virtual Networking Solutions, and Verizon Communications Inc Key Market Opportunities The primary types of components assessed in this report, that are required for successful operation of virtual networking system, include hardware, software, and devices. For opportunity analysis, the application areas of virtual networking are also covered in the report on the global virtual networking market. Key Market Drivers The rise in adoption of cloud-based solutions is the factor that is propelling the growth of the global virtual networking market.
Forecast Period	2020-2030 Historical Data 2018 Forecast Units Value (USD Million) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Type, By Application Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW) Key Vendors Huawei Technologies Co. Ltd, Hewlett Packard enterprise Co., IBM Corporation, Oracle Corporation, Microsoft Corporation, VMware, Inc., Citrix Systems, Inc., Virtual Networking Solutions, and Verizon Communications Inc Key Market Opportunities The primary types of components assessed in this report, that are required for successful operation of virtual networking system, include hardware, software, and devices. For opportunity analysis, the application areas of virtual networking are also covered in the report on the global virtual networking market. Key Market Drivers The rise in adoption of cloud-based solutions is the factor that is propelling the growth of the global virtual networking market.
Growth Rate	19.5% (2022-2032 Base Year 2019 Forecast Period 2020-2030 Historical Data 2018 Forecast Units Value (USD Million) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Type, By Application Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW) Key Vendors Huawei Technologies Co. Ltd, Hewlett Packard enterprise Co., IBM Corporation, Oracle Corporation, Microsoft Corporation, VMware, Inc., Citrix Systems, Inc., Virtual Networking Solutions, and Verizon Communications Inc Key Market Opportunities The primary types of components assessed in this report, that are required for successful operation of virtual networking system, include hardware, software, and devices. For opportunity analysis, the application areas of virtual networking are also covered in the report on the global virtual networking market. Key Market Drivers The rise in adoption of cloud-based solutions is the factor that is propelling the growth of the global virtual networking market.

Virtual Networking Market Highlights:

Virtual Networking Market Trends

Virtual Networking Market Analysis

Virtual Networking Market Share

Virtual Networking Companies

Virtual Networking Market Overview

Rapid advancement in technology and improvement in internet connectivity are optimizing the control of servers or remotely located devices through virtual networking. With the combination of hardware and software, along with internet connectivity, virtual networking enables the users to communicate locally or remotely across dissimilar or similar networks by using simplified interface. Increasing utilization of virtual networking across the globe is leading to the expansion of the global virtual networking market at a remarkable CAGR of 19.5% during the forecast period of 2024-2032. It is anticipated to reach the market valuation of USD 129.754 Billion by the end of the review period, from USD 26.181 Billion in the year 2022. High demand for advanced technology that can consolidate diverse devices and services on a single hardware platform, increasing utilization of services, machinery, and devices that require virtual networking for optimum functioning and rise in adoption of cloud-based solutions are the primary factors that are propelling the growth of the global virtual networking market.

Figure 1: Virtual Networking Market Size, 2023-2032 (USD Billion)

Virtual Networking Market

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

The report on the global virtual networking market offers a comprehensive analysis of the key market trends along with a five-year revenue forecast (2018-2023). This report also includes discussion on the macroeconomic indicators and the governing factors of the global virtual networking market and the sub-markets. Revenue analysis on the basis of different types of components required for virtual networking and also its application is available in this report. The primary types of components assessed in this report, that are required for successful operation of virtual networking system, include hardware, software, and devices. For opportunity analysis, the application areas of virtual networking are also covered in the report on the global virtual networking market.

Companies Covered

The prominent players profiled in the report on the global virtual networking market are

Huawei Technologies Co. Ltd

Hewlett Packard enterprise Co.

IBM Corporation

Oracle Corporation

Microsoft Corporation

VMware, Inc.

Citrix Systems, Inc.

Virtual Networking Solutions

Verizon Communications Inc.

This report provides an in-depth insight into the key market players and presents a comprehensive analysis of their position in the global market. This report also provides company information with regards to segmental share, revenue, growth strategies, new product launch, SWOT, geographical income, new product launch, SWOT, latest R&D initiatives and M&A activities.

Recent Developments

On the thousand twenty-fourth of February, Indian firm Tech Mahindra proclaimed that it had taken the greenfield digital Mobile Virtual Network Enabler (MVNE) platform for a telecommunication enterprise in Zurich-based Sunrise.

On a national scale in Vietnam, FPT Retail’s Mobile Virtual Network Operator (MVNO) made its official debut in January 2024. The launching of MVNO has made FPT Retail the fifth mobile virtual network provider in Vietnam, following Dong Duong Telecom, Mobicast, ASIM and VNSky.

Jellyfish Mobile is a mobile virtual network operator (MVNO) that includes web3 technologies and aims at revolutionizing the telecom sector as of August 2023.

Internet Exchange (IX) business operator BBIX Inc. and BBSakura Networks Inc., which is a network solution provider, have launched a new feature OCX-Router(v1) into Open Connectivity eXchange(OCX), which is a cloud-based network service organization during November 2022. “OCX-Router(v1)” is a software-based router appliance that allows IP routing on the OCX network. Customers can use “OCX-Router(v1)” to exchange the traffic between regions or cloud services inside tenant networks without going through their own premises.

In January 2020, Citrix Systems Inc. unveiled Citrix Analytics for Performance, an advanced service designed to assess server-side infrastructure and enable IT administrators to identify performance issues.

VMware Inc. released upgraded versions of VMware Workstation and VMware Fusion solutions on September 2019 that integrate contemporary development tools for automated development/design/testing tasks.

In October 2019, Ericsson partnered with NVIDIA to offer 5G radio access networks (RAN). Both companies will be focused on developing technologies that will enable communication service providers to create virtualized 5G RAN under this partnership. It will speed up the introduction of new AI- and IoT-based services.

In October 2019, Nokia introduced new packet-optical switches for 5G cloud RAN. These newly launched packet-optical transport switches can support such services as Time-Sensitive Networking (TSN), ultra-low latency and cloud-native radio architectures that are necessary for time-critical services in 5G.

Cisco has released Cisco Enterprise NFVIS latest version 3.12.x in September 2019. The additional improved features include service bridge extension to platforms and migration path for Virtual Machines (VMs) with Physical Network Adapter (PNIC) () associated to DPDK bridge.

Research Methodology

Market Research Future (MRFR) employs its optimum statistical solution for comprehensive and iterative assessment of critical market indicators for the deliverance of highly accurate market insights. Collaborative approach of data triangulation technique and multi-layered research module aids in conducting a highly qualitative and quantitative analysis of the macroeconomic indicators and governing factors of the global market such as key market dynamics, historical trends, consumer landscape, challenges, and growth opportunities. Primary and secondary research processes are utilized for garnering data through surveys and personal interviews with key opinion holders across the value chain, which is then verified by referring to white papers, paid databases, SEC filings, annual company reports, and other sources available in public domain. The top-down and bottom-up approaches aid in delivering research findings with high accuracy and objectivity.

Other Description

Base Year- 2017

Forecast Period- 2022 to 2032

Market Denomination- USD Bn

Market Segmentation

For scope of the report, Market Research Future offers a detailed segmental analysis of the global virtual networking market

By Type

Hardware

Software

Service

By Application

BFSI

Public Sector

Manufacturing

Hospitality

Healthcare

IT & Telecommunication

Others

By Region

North America

Europe

Asia Pacific

Latin America

Middle East and Africa

Virtual Networking Companies

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