Virtual Customer Premises Equipment (vCPE) Market
Virtual Customer Premises Equipment (vCPE) Market Size, Share & Trends Analysis Report by Solutions/Tools (Virtual Switches, Virtual Routers, and Security and Compliance), by Service (Professional Services, and Managed Services), by Deployment Type (On-Premises, and Cloud), by Organization Size (Large enterprises and SMEs), and by End-Use (BFSI, Healthcare, Manufacturing, Government, and Telecommunications and IT) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Virtual customer premises equipment (vCPE) market is anticipated to grow at a significant CAGR of 40.9% during the forecast period. Virtual customer premises equipment is a means of delivering enhanced networking infrastructure, which can be accessed anywhere. It includes equipment such as routing, firewall security, and virtual private network connectivity through the use of software rather than dedicated hardware devices. The increasing number of devices and growing complexity of manual configuration of CPE, has increased the demand for virtual infrastructure to reduce the hardware dependence and minimize the cost of networking infrastructure. Thus growing adoption of network virtualization across end-users for reducing operational expenditure, capital expenditure, and improving working efficiency are some of the primary factors driving the growth of the global virtual customer premises equipment (vCPE) market. Also increasing investment and startups for providing virtual networking facilities are anticipated to drive the demand for virtual customer premises equipment for the forecast period. For instance, in January 2021, DriveNets, the networking software company, announced that it has raised $208 million in a funding round that brings DriveNets’ valuation to more than $1 billion. The company will use the investment to build its networks with higher capacity and scale at a much lower cost. The funding will also allow DriveNets to expand to new geographies, responding to the surge in demand for more connectivity and infrastructure that can be easily scaled in a cloud-native fashion.
Segmental Outlook
The global virtual customer premises equipment (vCPE) market is segmented based on the solutions/tools, service, deployment type, organization size, and end-use. Based on the solutions/tools, the market is segmented into virtual switches, virtual routers, and security and compliance. Based on the service, the market is sub-segmented into professional services, and managed services. Based on the deployment type, the market is sub-segmented into the on-premises, and cloud. Based on the organization size, the market is sub-segmented into large enterprises and SMEs. Based on the end-use, the market is sub-segmented into BFSI, healthcare, manufacturing, government, telecommunications, and IT.
Among deployment modes, the cloud segment is anticipated to dominate the market during the forecast period. The cloud segment enables a business to run efficiently with minimal effort and outlay by leveraging flexible, comprehensive equipment and software solutions or CPE as a Service (PaaS). It helps simplify business, speed service delivery, and offers improved security. Further, it is cost-effective as compared to on-premise vCPE. Thus all these factors combined are primary factors driving the growth of the cloud Segment in the global virtual customer premises equipment (vCPE) market
Regional Outlooks
The global Virtual Customer Premises Equipment (vCPE) market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). Among regions, North America holds the largest market share in the global virtual customer premises equipment (vCPE) market.
Global Virtual Customer Premises Equipment (vCPE) Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold the Considerable Share in the Global Virtual Customer Premises Equipment (vCPE) Market
The Asia Pacific region is anticipated to account for the fastest growth in market share during the forecast period. infrastructure and smart city projects. The region holds a large population which has led to an extensive pool of subscriber base for companies. Also, the growing digital infrastructure, Implementation of emerging technologies, and demonstration of a combination of a high-growth population, developing economies, and growing adoption of network virtualization among enterprises in the region are key factors driving the growth of virtual customer premises equipment (vCPE) market in the region.
Market Players Outlook
The major companies serving the global virtual customer premises equipment (vCPE) market include ADVA Optical Networking SE, Arista Networks, Inc., Brocade Communications Systems, Inc., Cisco Systems, Inc., IBM Corporation, Juniper Networks, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2022, Ericsson acquired Vonage Holdings Corp. with a strategy to leverage technology to grow its mobile network business and expand its customer base. The acquisition provides Ericsson with access to powerful building blocks to offer a full suite of communications solutions including, communications platform as a service (CPaaS), UCaaS, and CCaaS.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global virtual customer premises equipment (vCPE) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Arista Networks, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Brocade Communications Systems, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Cisco Systems, Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. IBM Corp.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Juniper Networks, Inc.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Virtual Customer Premises Equipment (vCPE) Market by Solutions/Tools
4.1.1. Virtual Switches
4.1.2. Virtual Routers
4.1.3. Security and Compliance
4.2. Global Virtual Customer Premises Equipment (vCPE) Market by Service
4.2.1. Professional Services
4.2.2. Managed Services
4.3. Global Virtual Customer Premises Equipment (vCPE) Market by Deployment Type
4.3.1. On-Premises
4.3.2. Cloud
4.4. Global Virtual Customer Premises Equipment (vCPE) Market by Organization Size
4.4.1. Large Enterprises
4.4.2. SMEs
4.5. Global Virtual Customer Premises Equipment (vCPE) Market by End-Use
4.5.1. BFSI
4.5.2. Healthcare
4.5.3. Manufacturing
4.5.4. Government
4.5.5. Telecommunications and IT
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Advantech IT systems
6.2. Broadcom Limited
6.3. Dell Technologies Inc.
6.4. Dell Technologies Inc.
6.5. Ericsson AB
6.6. Hewlett Packard Enterprise Development LP (HPE)
6.7. Intel Corporation
6.8. NEC Corporation
6.9. NetWorks, Inc.
6.10. Parallel Wireless, Inc.
6.11. Spirent Communications plc
6.12. Verizon
6.13. Versa Networks, Inc.
1. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY SOLUTIONS/TOOLS, 2021-2028 ($ MILLION)
2. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR VIRTUAL SWITCHES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR VIRTUAL ROUTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR SECURITY AND COMPLIANCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY SERVICE, 2021-2028 ($ MILLION)
6. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR PROFESSIONAL SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR MANAGED SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)
9. GLOBAL ON-PREMISES VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL CLOUD-BASED VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2021-2028 ($ MILLION)
12. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR LARGE ENTERPRISES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR SMES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
15. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR TELECOMMUNICATIONS AND IT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
20. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
21. NORTH AMERICAN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. NORTH AMERICAN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY SOLUTIONS/TOOLS, 2021-2028 ($ MILLION)
23. NORTH AMERICAN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY SERVICE, 2021-2028 ($ MILLION)
24. NORTH AMERICAN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)
25. NORTH AMERICAN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2021-2028 ($ MILLION)
26. NORTH AMERICAN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
27. EUROPEAN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. EUROPEAN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY SOLUTIONS/TOOLS, 2021-2028 ($ MILLION)
29. EUROPEAN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY SERVICE, 2021-2028 ($ MILLION)
30. EUROPEAN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)
31. EUROPEAN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2021-2028 ($ MILLION)
32. EUROPEAN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
34. ASIA-PACIFIC VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY SOLUTIONS/TOOLS, 2021-2028 ($ MILLION)
35. ASIA-PACIFIC VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY SERVICE, 2021-2028 ($ MILLION)
36. ASIA-PACIFIC VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)
37. ASIA-PACIFIC VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2021-2028 ($ MILLION)
38. ASIA-PACIFIC VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
39. REST OF THE WORLD VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
40. REST OF THE WORLD VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY SOLUTIONS/TOOLS, 2021-2028 ($ MILLION)
41. REST OF THE WORLD VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY SERVICE, 2021-2028 ($ MILLION)
42. REST OF THE WORLD VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2021-2028 ($ MILLION)
43. REST OF THE WORLD VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2021-2028 ($ MILLION)
44. REST OF THE WORLD VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET RESEARCH AND ANALYSIS BY END-USE, 2021-2028 ($ MILLION)
1. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SHARE BY SOLUTIONS/TOOLS, 2021 VS 2028 (%)
2. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR VIRTUAL SWITCHES MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR VIRTUAL ROUTERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR SECURITY AND COMPLIANCE BY MARKET SHARE REGION, 2021 VS 2028 (%)
5. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SHARE BY SERVICE, 2021 VS 2028 (%)
6. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR PROFESSIONAL SERVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR MANAGED SERVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SHARE BY DEPLOYMENT TYPE, 2021 VS 2028 (%)
9. GLOBAL ON-PREMISES VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL CLOUD-BASED VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SHARE BY ORGANIZATION SIZE, 2021 VS 2028 (%)
12. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR LARGE ENTERPRISES MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR SMES MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SHARE BY END-USE, 2021 VS 2028 (%)
15. GLOBAL FOR BFSI VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR HEALTHCARE MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR MANUFACTURING MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR GOVERNMENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
19. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) FOR TELECOMMUNICATIONS AND IT MARKET SHARE BY REGION, 2021 VS 2028 (%)
20. GLOBAL VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SHARE BY REGION, 2021 VS 2028 (%)
21. US VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
22. CANADA VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
23. UK VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
24. FRANCE VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
25. GERMANY VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
26. ITALY VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
27. SPAIN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF EUROPE VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
29. INDIA VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
30. CHINA VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
31. JAPAN VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
32. SOUTH KOREA VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF ASIA-PACIFIC VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
34. REST OF THE WORLD VIRTUAL CUSTOMER PREMISES EQUIPMENT (VCPE) MARKET SIZE, 2021-2028 ($ MILLION)
