Virtual Customer Premises Equipment (vCPE) Market Report: Trends, Forecast and Competitive Analysis to 2030

Virtual Customer Premises Equipment (vCPE) Trends and Forecast

The future of the global virtual customer premises equipment (vCPE) market looks promising with opportunities in the data centers and telecom service provider and enterprise markets. The global virtual customer premises equipment (vCPE) market is expected to reach an estimated $29.7 billion by 2030 with a CAGR of 38.1% from 2024 to 2030. The major drivers for this market are growing adoption of network virtualization among enterprises, efficient deployment of managed services, and increasing need for simplified data transfer across the globe.

A more than 150-page report is developed to help in your business decisions.

Virtual Customer Premises Equipment (vCPE) by Segment

The study includes a forecast for the global virtual customer premises equipment (vCPE) by components, solutions/tools, deployment type, application, and region.

Virtual Customer Premises Equipment (vCPE) Market by Components [Shipment Analysis by Value from 2018 to 2030]:

• Solutions/Tools
• Service

Virtual Customer Premises Equipment (vCPE) Market by Solutions/tools [Shipment Analysis by Value from 2018 to 2030]:

• Virtual Switches
• Virtual Routers
• Application and Controller Platform
• Security and Compliance
• Infrastructure Mnagament and Orchestration

Virtual Customer Premises Equipment (vCPE) Market by Deployment Type [Shipment Analysis by Value from 2018 to 2030]:

• On-Premises
• Cloud

Virtual Customer Premises Equipment (vCPE) Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Data Centers and Telecom Service Providers
• Enterprises

Virtual Customer Premises Equipment (vCPE) Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Virtual Customer Premises Equipment (vCPE) Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies virtual customer premises equipment (vCPE) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the virtual customer premises equipment (vCPE) companies profiled in this report include-

• Cisco
• HPE
• Juniper Networks
• Broadcom
• IBM
• Arista Networks
• Dell
• Ericsson
• NEC
• Intel

Virtual Customer Premises Equipment (vCPE) Market Insights

Lucintel forecast that cloud is expected to witness highest growth over the forecast period.

Within this market, data centers and telecom service provider will remain the largest segment.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Virtual Customer Premises Equipment (vCPE) Market

Market Size Estimates: Virtual Customer Premises Equipment (vCPE) Market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Virtual Customer Premises Equipment (vCPE) Market size by various segments, such as by components, solutions/tools, deployment type, application, and region. in terms of value ($B).

Regional Analysis: Virtual Customer Premises Equipment (vCPE) Market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different components, solutions/tools, deployment types, applications, and region.s for the virtual customer premises equipment (vCPE) market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the virtual customer premises equipment (vCPE) market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the virtual customer premises equipment (vCPE) market size?

Answer: The global virtual customer premises equipment (vCPE) market is expected to reach an estimated $29.7 billion by 2030.

Q.2. What is the growth forecast for virtual customer premises equipment (vCPE) market?

Answer: The global virtual customer premises equipment (vCPE) market is expected to grow with a CAGR of 38.1% from 2024 to 2030.

Q.3. What are the major drivers influencing the growth of the virtual customer premises equipment (vCPE) market?

Answer: The major drivers for this market are growing adoption of network virtualization among enterprises, efficient deployment of managed services, and increasing need for simplified data transfer across the globe.

Q.4. What are the major segments for virtual customer premises equipment (vCPE) market?

Answer: The future of the global virtual customer premises equipment (vCPE) market looks promising with opportunities in the data centers and telecom service provider and enterprise markets.

Q.5. Who are the key virtual customer premises equipment (vCPE) market companies?

Answer: Some of the key virtual customer premises equipment (vCPE) companies are as follows:

• Cisco
• HPE
• Juniper Networks
• Broadcom
• IBM
• Arista Networks
• Dell
• Ericsson
• NEC
• Intel

Q.6. Which virtual customer premises equipment (vCPE) market segment will be the largest in future?

Answer: Lucintel forecast that cloud is expected to witness highest growth over the forecast period.

Q.7. In virtual customer premises equipment (vCPE) market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the virtual customer premises equipment (vCPE) market by components (solutions/tools and service), solutions/tools (virtual switches, virtual routers, application and controller platform, security and compliance, infrastructure mnagament, and orchestration), deployment type (on-premises and cloud), application (data centers and telecom service providers, and enterprises), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?