Network Function Virtualization Market

The Network Function Virtualization (NFV) market consists of using software to replace dedicated hardware for network functions like routers, firewalls, and load balancers, running them as virtual machines on standard servers. Key customers include service providers, data centers, and large enterprises across various sectors such as BFSI, manufacturing, and government. The market's growth is primarily driven by the rising demand for flexible digital infrastructure, the need to reduce costs and power consumption, and the expanding adoption of 5G and edge computing technologies.