According to the most recent report by Emergen Research, the size of the worldwide virtual Customer Premises Equipment (vCPE) market is anticipated to reach USD 41.96 billion at a consistent revenue CAGR of 40.2% in 2030. The consistent market revenue growth of vCPE can be ascribed to the simplification of data transfer. CPE, or customer-provided equipment, is the terminal, modem, adapter, or any other device that connects to the telecom provider's connection point outside. A few of the gadgets include Customer Service Unit/Data Service Unit (CSU/DSU), cable and Digital Subscriber Line (DSL) modems, or Integrated Services Digital Network (ISDN) adapters.
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
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Competitive Outlook: The leading companies operating in the Virtual Customer Premises Equipment market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Virtual Customer Premises Equipment Market and Profiled in the Report are:
Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, Juniper Networks, Inc., Broadcom, IBM, Arista Networks, Inc., Dell Inc., Telefonaktiebolaget LM Ericsson, NEC Corporation, Intel Corporation
Objectives of the Report:
Study of the global Virtual Customer Premises Equipment market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Virtual Customer Premises Equipment market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Virtual Customer Premises Equipment market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Virtual Customer Premises Equipment market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Component Outlook (Revenue, USD Million; 2019–2030)
- Solutions/Tools
- Services
-
Deployment Mode Outlook (Revenue, USD Million; 2019–2030)
- Cloud
- On-Premises
-
Application Outlook (Revenue, USD Million; 2019–2030)
- Data Centers & Telecom Service Providers
- Enterprises
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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