According to IMARC Group’s latest report, titled “Network Function Virtualization (NFV) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global network function virtualization market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 28% during 2021-2026. Network function virtualization (NFV) refers to the utilization of virtual network components to support an infrastructure without hardware. This software-based network combines various physical networks into a single virtual block. NFV creates a firewall, controls traffic and virtually route the given resources from hardware to a software.
Network Function Virtualization Market 2021-26: Size, Growth, Share, Top Companies, Industry Trends and Opportunity
