Network Functions Virtualization (NFV) Market: Business Case, Market Analysis and Forecasts 2015 - 2020

Network Functions Virtualization (NFV) is a telecom led initiative that aims to utilize standard IT virtualization technology to consolidate many telecom network equipment types onto industry standard high volume servers, switches and storage. Publisher estimates that the overall global market for NFV will grow at a CAGR of 83.1% between 2015 and 2020. NFV revenues will reach $ 8.7 Billion by the end of 2020.