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Virtual Networking Companies

Virtual networking companies offer software-defined networking (SDN) and network virtualization solutions that enable the flexible and programmable management of network resources. Virtual networking supports the creation of virtual networks, reducing hardware dependencies and improving network agility. Virtual networking companies are vital for modernizing network infrastructure.

Virtual networking companies data


Competitive Landscape of Virtual Networking Market


The virtual networking market is a dynamic and rapidly evolving space, witnessing significant growth due to the increasing demand for cloud computing, data center virtualization, and software-defined networking (SDN). This market landscape is characterized by the presence of established giants, nimble startups, and niche players, each with distinct strengths and focuses.


Key Players:



  • 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


Strategies Adopted:



  • Cloud-first approach:¬†Many players are prioritizing cloud-based solutions and services to cater to the increasing demand for agility and scalability.¬†This includes developing cloud-native virtual networking solutions and integrating with major public cloud platforms.

  • Software-defined networking (SDN) adoption:¬†Leading players are heavily investing in SDN technologies to enable greater control,¬†automation,¬†and flexibility in virtual networks.¬†This includes developing SDN controllers,¬†orchestration tools,¬†and open-source SDN platforms.

  • Security focus:¬†With growing cyber threats,¬†security is a paramount concern in the virtual networking market.¬†Companies are integrating advanced security features into their solutions and prioritizing compliance with industry standards.

  • Partnerships and acquisitions:¬†Strategic partnerships and acquisitions are a common strategy for established players to expand their product portfolios,¬†gain access to new markets,¬†and acquire specific technologies.


Factors for Market Share Analysis:



  • Market share:¬†This measures the percentage of the total market revenue held by a company.

  • Product portfolio:¬†The breadth and depth of virtual networking solutions offered by a company.

  • Customer base:¬†The size and diversity of a company's customer base,¬†including major enterprises and service providers.

  • Brand recognition:¬†The reputation and trust associated with a company's brand.

  • Financial performance:¬†The revenue,¬†profitability,¬†and overall financial health of a company.

  • Technological innovation:¬†A company's commitment to R&D and its ability to develop innovative virtual networking solutions.

  • Geographical reach:¬†The extent of a company's presence in different geographic markets.


New and Emerging Companies:


New and emerging companies are playing a crucial role in driving innovation and disrupting the virtual networking market. They are often more agile and willing to take risks compared to established players. Some key areas of focus for these companies include:



  • Network automation:¬†Automating network provisioning,¬†configuration,¬†and management tasks to improve efficiency and reduce costs.

  • Artificial intelligence (AI) and machine learning (ML):¬†Leveraging AI and ML for network monitoring,¬†anomaly detection,¬†and automated troubleshooting.

  • Intent-based networking:¬†Enabling networks to automatically adapt and respond to changes in business intent.

  • Cloud-native networking:¬†Developing virtual networking solutions designed specifically for cloud environments.


Current Investment Trends:


There is a significant investment surge in the virtual networking market, driven by factors such as:



  • Growing demand for cloud computing and data center virtualization.

  • Emergence of new technologies like SDN and AI-powered networking.

  • Increasing security threats and the need for advanced security solutions.

  • Focus on automation and operational efficiency.


Latest Company Updates:


Versuni, formerly known as Philips household appliances, has branched out into home safety goods in 2023. Three smart security cameras and a brand-new Home Safety app are part of the most recent lineup.


2023 saw the addition of a new outdoor security camera to the diverse lineup of products offered by international smart home security provider EZVIZ. With the fundamental technology carried over from EZVIZ's highly acclaimed outdoor pan and tilt camera series, the H8c packs a tonne of smart capabilities into a small package for straightforward smart home security. This dependable, easily accessible camera runs stably on residential internet systems and is dependable in all weather conditions.


Alcatel-Lucent Enterprise, a top supplier of networking, cloud, and communications solutions customised for its clients' sectors, will launch the Alcatel-Lucent OmniSwitch 9912, the newest high-capacity modular chassis in the OmniSwitch family, in 2023.


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



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.


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


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


Intended Audience:



  • Research/Consultancy Firms

  • Government organizations

  • OEM technology solution providers

  • Cloud Service Providers

  • Software Developers

  • System Integrators

  • Technology Investors

  • Manufacturing Industry

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