

According to this study, the global Network Function Virtualization Service market size will reach US$ 328 million by 2031.
Network Function Virtualization (NFV) is a technology that decouples network functions (such as firewalls, routers, load balancers, etc.) in traditional network devices from dedicated hardware and deploys them on general-purpose servers in the form of software. Its core is to use virtualization technology to transform network functions into software modules, and realize dynamic deployment, flexible adjustment and elastic expansion on standard hardware, thereby improving network resource utilization, reducing operating costs, and enhancing network flexibility and manageability.
United States market for Network Function Virtualization Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Network Function Virtualization Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Network Function Virtualization Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Network Function Virtualization Service players cover Aziro, Cisco Systems, Ribbon Communications, Hillstone Networks, Ericsson, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The “Network Function Virtualization Service Industry Forecast” looks at past sales and reviews total world Network Function Virtualization Service sales in 2024, providing a comprehensive analysis by region and market sector of projected Network Function Virtualization Service sales for 2025 through 2031. With Network Function Virtualization Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Network Function Virtualization Service industry.
This Insight Report provides a comprehensive analysis of the global Network Function Virtualization Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Network Function Virtualization Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Network Function Virtualization Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Network Function Virtualization Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Network Function Virtualization Service.
This report presents a comprehensive overview, market shares, and growth opportunities of Network Function Virtualization Service market by product type, application, key players and key regions and countries.
Segmentation by Type:
Core Network Virtualization
Edge Computing Virtualization
Data Center Network Virtualization
Others
Segmentation by Application:
Telecom Operator Network
Cloud Service Provider
Enterprise Network
5G Network
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aziro
Cisco Systems
Ribbon Communications
Hillstone Networks
Ericsson
Huawei
Juniper Networks
Amdocs
Netcracker Technology
Nefeli Networks
Zeetta
InManta
netElastic Systems
AT&T Business
AudioCodes
Virtusa
Matellio
Calsoft Inc
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Network Function Virtualization Service Market Size (2020-2031)
2.1.2 Network Function Virtualization Service Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Network Function Virtualization Service by Country/Region (2020, 2024 & 2031)
2.2 Network Function Virtualization Service Segment by Type
2.2.1 Core Network Virtualization
2.2.2 Edge Computing Virtualization
2.2.3 Data Center Network Virtualization
2.2.4 Others
2.3 Network Function Virtualization Service Market Size by Type
2.3.1 Network Function Virtualization Service Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Network Function Virtualization Service Market Size Market Share by Type (2020-2025)
2.4 Network Function Virtualization Service Segment by Application
2.4.1 Telecom Operator Network
2.4.2 Cloud Service Provider
2.4.3 Enterprise Network
2.4.4 5G Network
2.4.5 Others
2.5 Network Function Virtualization Service Market Size by Application
2.5.1 Network Function Virtualization Service Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Network Function Virtualization Service Market Size Market Share by Application (2020-2025)
3 Network Function Virtualization Service Market Size by Player
3.1 Network Function Virtualization Service Market Size Market Share by Player
3.1.1 Global Network Function Virtualization Service Revenue by Player (2020-2025)
3.1.2 Global Network Function Virtualization Service Revenue Market Share by Player (2020-2025)
3.2 Global Network Function Virtualization Service Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Network Function Virtualization Service by Region
4.1 Network Function Virtualization Service Market Size by Region (2020-2025)
4.2 Global Network Function Virtualization Service Annual Revenue by Country/Region (2020-2025)
4.3 Americas Network Function Virtualization Service Market Size Growth (2020-2025)
4.4 APAC Network Function Virtualization Service Market Size Growth (2020-2025)
4.5 Europe Network Function Virtualization Service Market Size Growth (2020-2025)
4.6 Middle East & Africa Network Function Virtualization Service Market Size Growth (2020-2025)
5 Americas
5.1 Americas Network Function Virtualization Service Market Size by Country (2020-2025)
5.2 Americas Network Function Virtualization Service Market Size by Type (2020-2025)
5.3 Americas Network Function Virtualization Service Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Network Function Virtualization Service Market Size by Region (2020-2025)
6.2 APAC Network Function Virtualization Service Market Size by Type (2020-2025)
6.3 APAC Network Function Virtualization Service Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Network Function Virtualization Service Market Size by Country (2020-2025)
7.2 Europe Network Function Virtualization Service Market Size by Type (2020-2025)
7.3 Europe Network Function Virtualization Service Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Network Function Virtualization Service by Region (2020-2025)
8.2 Middle East & Africa Network Function Virtualization Service Market Size by Type (2020-2025)
8.3 Middle East & Africa Network Function Virtualization Service Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Network Function Virtualization Service Market Forecast
10.1 Global Network Function Virtualization Service Forecast by Region (2026-2031)
10.1.1 Global Network Function Virtualization Service Forecast by Region (2026-2031)
10.1.2 Americas Network Function Virtualization Service Forecast
10.1.3 APAC Network Function Virtualization Service Forecast
10.1.4 Europe Network Function Virtualization Service Forecast
10.1.5 Middle East & Africa Network Function Virtualization Service Forecast
10.2 Americas Network Function Virtualization Service Forecast by Country (2026-2031)
10.2.1 United States Market Network Function Virtualization Service Forecast
10.2.2 Canada Market Network Function Virtualization Service Forecast
10.2.3 Mexico Market Network Function Virtualization Service Forecast
10.2.4 Brazil Market Network Function Virtualization Service Forecast
10.3 APAC Network Function Virtualization Service Forecast by Region (2026-2031)
10.3.1 China Network Function Virtualization Service Market Forecast
10.3.2 Japan Market Network Function Virtualization Service Forecast
10.3.3 Korea Market Network Function Virtualization Service Forecast
10.3.4 Southeast Asia Market Network Function Virtualization Service Forecast
10.3.5 India Market Network Function Virtualization Service Forecast
10.3.6 Australia Market Network Function Virtualization Service Forecast
10.4 Europe Network Function Virtualization Service Forecast by Country (2026-2031)
10.4.1 Germany Market Network Function Virtualization Service Forecast
10.4.2 France Market Network Function Virtualization Service Forecast
10.4.3 UK Market Network Function Virtualization Service Forecast
10.4.4 Italy Market Network Function Virtualization Service Forecast
10.4.5 Russia Market Network Function Virtualization Service Forecast
10.5 Middle East & Africa Network Function Virtualization Service Forecast by Region (2026-2031)
10.5.1 Egypt Market Network Function Virtualization Service Forecast
10.5.2 South Africa Market Network Function Virtualization Service Forecast
10.5.3 Israel Market Network Function Virtualization Service Forecast
10.5.4 Turkey Market Network Function Virtualization Service Forecast
10.6 Global Network Function Virtualization Service Forecast by Type (2026-2031)
10.7 Global Network Function Virtualization Service Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Network Function Virtualization Service Forecast
11 Key Players Analysis
11.1 Aziro
11.1.1 Aziro Company Information
11.1.2 Aziro Network Function Virtualization Service Product Offered
11.1.3 Aziro Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Aziro Main Business Overview
11.1.5 Aziro Latest Developments
11.2 Cisco Systems
11.2.1 Cisco Systems Company Information
11.2.2 Cisco Systems Network Function Virtualization Service Product Offered
11.2.3 Cisco Systems Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Cisco Systems Main Business Overview
11.2.5 Cisco Systems Latest Developments
11.3 Ribbon Communications
11.3.1 Ribbon Communications Company Information
11.3.2 Ribbon Communications Network Function Virtualization Service Product Offered
11.3.3 Ribbon Communications Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Ribbon Communications Main Business Overview
11.3.5 Ribbon Communications Latest Developments
11.4 Hillstone Networks
11.4.1 Hillstone Networks Company Information
11.4.2 Hillstone Networks Network Function Virtualization Service Product Offered
11.4.3 Hillstone Networks Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Hillstone Networks Main Business Overview
11.4.5 Hillstone Networks Latest Developments
11.5 Ericsson
11.5.1 Ericsson Company Information
11.5.2 Ericsson Network Function Virtualization Service Product Offered
11.5.3 Ericsson Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Ericsson Main Business Overview
11.5.5 Ericsson Latest Developments
11.6 Huawei
11.6.1 Huawei Company Information
11.6.2 Huawei Network Function Virtualization Service Product Offered
11.6.3 Huawei Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Huawei Main Business Overview
11.6.5 Huawei Latest Developments
11.7 Juniper Networks
11.7.1 Juniper Networks Company Information
11.7.2 Juniper Networks Network Function Virtualization Service Product Offered
11.7.3 Juniper Networks Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Juniper Networks Main Business Overview
11.7.5 Juniper Networks Latest Developments
11.8 Amdocs
11.8.1 Amdocs Company Information
11.8.2 Amdocs Network Function Virtualization Service Product Offered
11.8.3 Amdocs Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Amdocs Main Business Overview
11.8.5 Amdocs Latest Developments
11.9 Netcracker Technology
11.9.1 Netcracker Technology Company Information
11.9.2 Netcracker Technology Network Function Virtualization Service Product Offered
11.9.3 Netcracker Technology Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Netcracker Technology Main Business Overview
11.9.5 Netcracker Technology Latest Developments
11.10 Nefeli Networks
11.10.1 Nefeli Networks Company Information
11.10.2 Nefeli Networks Network Function Virtualization Service Product Offered
11.10.3 Nefeli Networks Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Nefeli Networks Main Business Overview
11.10.5 Nefeli Networks Latest Developments
11.11 Zeetta
11.11.1 Zeetta Company Information
11.11.2 Zeetta Network Function Virtualization Service Product Offered
11.11.3 Zeetta Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Zeetta Main Business Overview
11.11.5 Zeetta Latest Developments
11.12 InManta
11.12.1 InManta Company Information
11.12.2 InManta Network Function Virtualization Service Product Offered
11.12.3 InManta Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 InManta Main Business Overview
11.12.5 InManta Latest Developments
11.13 netElastic Systems
11.13.1 netElastic Systems Company Information
11.13.2 netElastic Systems Network Function Virtualization Service Product Offered
11.13.3 netElastic Systems Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 netElastic Systems Main Business Overview
11.13.5 netElastic Systems Latest Developments
11.14 AT&T Business
11.14.1 AT&T Business Company Information
11.14.2 AT&T Business Network Function Virtualization Service Product Offered
11.14.3 AT&T Business Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 AT&T Business Main Business Overview
11.14.5 AT&T Business Latest Developments
11.15 AudioCodes
11.15.1 AudioCodes Company Information
11.15.2 AudioCodes Network Function Virtualization Service Product Offered
11.15.3 AudioCodes Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 AudioCodes Main Business Overview
11.15.5 AudioCodes Latest Developments
11.16 Virtusa
11.16.1 Virtusa Company Information
11.16.2 Virtusa Network Function Virtualization Service Product Offered
11.16.3 Virtusa Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 Virtusa Main Business Overview
11.16.5 Virtusa Latest Developments
11.17 Matellio
11.17.1 Matellio Company Information
11.17.2 Matellio Network Function Virtualization Service Product Offered
11.17.3 Matellio Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.17.4 Matellio Main Business Overview
11.17.5 Matellio Latest Developments
11.18 Calsoft Inc
11.18.1 Calsoft Inc Company Information
11.18.2 Calsoft Inc Network Function Virtualization Service Product Offered
11.18.3 Calsoft Inc Network Function Virtualization Service Revenue, Gross Margin and Market Share (2020-2025)
11.18.4 Calsoft Inc Main Business Overview
11.18.5 Calsoft Inc Latest Developments
12 Research Findings and Conclusion
*If Applicable.