Amid the COVID-19 crisis, the global market for Virtual Customer Premises Equipment (V-CPE), estimated at $1.3 billion in 2020, is expected to reach a modified size of $11.6 billion by 2027, growing at a CAGR of 36%. For 2021-2027 years. Professional Services, one of the segments analyzed in the report, has a 32% CAGR and is expected to reach US$5.7 billion by the end of the analysis period. After an early analysis of the business impact of the epidemic and the resulting economic crisis, the growth of the managed services sector is readjusted to a CAGR of 40% over the next seven years.
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Virtual Customer Premises Equipment Market Segments:
By Solution/Tool
• Virtual Switches
• Virtual Routers
• Application and Controller Platform
• Security and Compliance
• Infrastructure Management and Orchestration
By Service:
• Professional Services
• Managed Services
By Service Model:
• IaaS
• PaaS
• Others
By Organization Size:
• SMEs
• Large Enterprises
By Application Area:
• Enterprises
• Data Centers and Telecom Service Providers
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
