2020 annual operator NFV/SDN investment will reach 22 billion US dollars
According to a recent report from SNS Research, service provider (operator) network function virtualization (NFV) and software-defined networking (SDN) markets are expected to expand rapidly at a compound annual growth rate of 45% over the next three years; At the end of the year, it is estimated that the annual investment will reach 22 billion US dollars. As two emerging technologies, NFV and SDN are changing the way telecom service providers manage their networks. NFV involves the decoupling of software and hardware, while SDN involves centralized control of network behavior using open programming interfaces such as application programming interfaces (APIs) or OpenFlow. Key benefits of NFV and SDN include the ability to quickly and automatically provision tailored services, thereby reducing operating expenses (OPEX) and capital expenditures (CAPEX). According to the report, service providers have begun major investments in NFV and SDN, including uCPE/vCPE, SD-WAN, vEPC, vIMS, Cloud RAN and vCDN. Software-centric networks are also being accepted for businesses and data centers. The research firm estimates that SDN and NFV investments in these areas reached $12 billion last year alone. “As service providers accelerate their transition to software-centric networks, new market players are beginning to emerge. For example, with early success in NFV-compliant mobile core and IMS platforms, companies such as Mavenir Systems and Affirmed Networks have already Become a direct competitor to the wireless network infrastructure giant," the report concluded. Easy Electronic Technology Co.,Ltd , https://www.yxpcelectronicgroups.com