Industry: Service & Software
Published Date: 2025-06-22
Pages: 128 Pages
Report ld: 4772762
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Network Function Virtualization Service Market Size(US$)

CAGR 2025-2031
4.7%
Market Size,2031
USD 332
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Network Function Virtualization Service was estimated to be worth US$ 235 million in 2024 and is forecast to a readjusted size of US$ 332 million by 2031 with a CAGR of 4.7% during the forecast period 2025-2031.
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.
North American market for Network Function Virtualization Service was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Network Function Virtualization Service was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Network Function Virtualization Service was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global key companies of Network Function Virtualization Service include Aziro, Cisco Systems, Ribbon Communications, Hillstone Networks, Ericsson, Huawei, Juniper Networks, Amdocs, Netcracker Technology, Nefeli Networks, etc. In 2024, the global five largest players hold a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Network Function Virtualization Service, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Network Function Virtualization Service by region & country, by Type, and by Application.
The Network Function Virtualization Service market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Network Function Virtualization Service.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Network Function Virtualization Service company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Network Function Virtualization Service in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Network Function Virtualization Service in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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TABLE OF CONTENTS
1 Market Overview
1.1 Network Function Virtualization Service Product Introduction
1.2 Global Network Function Virtualization Service Market Size Forecast (2020-2031)
1.3 Network Function Virtualization Service Market Trends & Drivers
1.3.1 Network Function Virtualization Service Industry Trends
1.3.2 Network Function Virtualization Service Market Drivers & Opportunity
1.3.3 Network Function Virtualization Service Market Challenges
1.3.4 Network Function Virtualization Service Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Network Function Virtualization Service Players Revenue Ranking (2024)
2.2 Global Network Function Virtualization Service Revenue by Company (2020-2025)
2.3 Key Companies Network Function Virtualization Service Manufacturing Base Distribution and Headquarters
2.4 Key Companies Network Function Virtualization Service Product Offered
2.5 Key Companies Time to Begin Mass Production of Network Function Virtualization Service
2.6 Network Function Virtualization Service Market Competitive Analysis
2.6.1 Network Function Virtualization Service Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Network Function Virtualization Service Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Network Function Virtualization Service as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Core Network Virtualization
3.1.2 Edge Computing Virtualization
3.1.3 Data Center Network Virtualization
3.1.4 Others
3.2 Global Network Function Virtualization Service Sales Value by Type
3.2.1 Global Network Function Virtualization Service Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Network Function Virtualization Service Sales Value, by Type (2020-2031)
3.2.3 Global Network Function Virtualization Service Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Telecom Operator Network
4.1.2 Cloud Service Provider
4.1.3 Enterprise Network
4.1.4 5G Network
4.1.5 Others
4.2 Global Network Function Virtualization Service Sales Value by Application
4.2.1 Global Network Function Virtualization Service Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Network Function Virtualization Service Sales Value, by Application (2020-2031)
4.2.3 Global Network Function Virtualization Service Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Network Function Virtualization Service Sales Value by Region
5.1.1 Global Network Function Virtualization Service Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Network Function Virtualization Service Sales Value by Region (2020-2025)
5.1.3 Global Network Function Virtualization Service Sales Value by Region (2026-2031)
5.1.4 Global Network Function Virtualization Service Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Network Function Virtualization Service Sales Value, 2020-2031
5.2.2 North America Network Function Virtualization Service Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Network Function Virtualization Service Sales Value, 2020-2031
5.3.2 Europe Network Function Virtualization Service Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Network Function Virtualization Service Sales Value, 2020-2031
5.4.2 Asia Pacific Network Function Virtualization Service Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Network Function Virtualization Service Sales Value, 2020-2031
5.5.2 South America Network Function Virtualization Service Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Network Function Virtualization Service Sales Value, 2020-2031
5.6.2 Middle East & Africa Network Function Virtualization Service Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Network Function Virtualization Service Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Network Function Virtualization Service Sales Value, 2020-2031
6.3 United States
6.3.1 United States Network Function Virtualization Service Sales Value, 2020-2031
6.3.2 United States Network Function Virtualization Service Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Network Function Virtualization Service Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Network Function Virtualization Service Sales Value, 2020-2031
6.4.2 Europe Network Function Virtualization Service Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Network Function Virtualization Service Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Network Function Virtualization Service Sales Value, 2020-2031
6.5.2 China Network Function Virtualization Service Sales Value by Type (%), 2024 VS 2031
6.5.3 China Network Function Virtualization Service Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Network Function Virtualization Service Sales Value, 2020-2031
6.6.2 Japan Network Function Virtualization Service Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Network Function Virtualization Service Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Network Function Virtualization Service Sales Value, 2020-2031
6.7.2 South Korea Network Function Virtualization Service Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Network Function Virtualization Service Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Network Function Virtualization Service Sales Value, 2020-2031
6.8.2 Southeast Asia Network Function Virtualization Service Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Network Function Virtualization Service Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Network Function Virtualization Service Sales Value, 2020-2031
6.9.2 India Network Function Virtualization Service Sales Value by Type (%), 2024 VS 2031
6.9.3 India Network Function Virtualization Service Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Aziro
7.1.1 Aziro Profile
7.1.2 Aziro Main Business
7.1.3 Aziro Network Function Virtualization Service Products, Services and Solutions
7.1.4 Aziro Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.1.5 Aziro Recent Developments
7.2 Cisco Systems
7.2.1 Cisco Systems Profile
7.2.2 Cisco Systems Main Business
7.2.3 Cisco Systems Network Function Virtualization Service Products, Services and Solutions
7.2.4 Cisco Systems Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.2.5 Cisco Systems Recent Developments
7.3 Ribbon Communications
7.3.1 Ribbon Communications Profile
7.3.2 Ribbon Communications Main Business
7.3.3 Ribbon Communications Network Function Virtualization Service Products, Services and Solutions
7.3.4 Ribbon Communications Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.3.5 Ribbon Communications Recent Developments
7.4 Hillstone Networks
7.4.1 Hillstone Networks Profile
7.4.2 Hillstone Networks Main Business
7.4.3 Hillstone Networks Network Function Virtualization Service Products, Services and Solutions
7.4.4 Hillstone Networks Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.4.5 Hillstone Networks Recent Developments
7.5 Ericsson
7.5.1 Ericsson Profile
7.5.2 Ericsson Main Business
7.5.3 Ericsson Network Function Virtualization Service Products, Services and Solutions
7.5.4 Ericsson Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.5.5 Ericsson Recent Developments
7.6 Huawei
7.6.1 Huawei Profile
7.6.2 Huawei Main Business
7.6.3 Huawei Network Function Virtualization Service Products, Services and Solutions
7.6.4 Huawei Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.6.5 Huawei Recent Developments
7.7 Juniper Networks
7.7.1 Juniper Networks Profile
7.7.2 Juniper Networks Main Business
7.7.3 Juniper Networks Network Function Virtualization Service Products, Services and Solutions
7.7.4 Juniper Networks Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.7.5 Juniper Networks Recent Developments
7.8 Amdocs
7.8.1 Amdocs Profile
7.8.2 Amdocs Main Business
7.8.3 Amdocs Network Function Virtualization Service Products, Services and Solutions
7.8.4 Amdocs Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.8.5 Amdocs Recent Developments
7.9 Netcracker Technology
7.9.1 Netcracker Technology Profile
7.9.2 Netcracker Technology Main Business
7.9.3 Netcracker Technology Network Function Virtualization Service Products, Services and Solutions
7.9.4 Netcracker Technology Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.9.5 Netcracker Technology Recent Developments
7.10 Nefeli Networks
7.10.1 Nefeli Networks Profile
7.10.2 Nefeli Networks Main Business
7.10.3 Nefeli Networks Network Function Virtualization Service Products, Services and Solutions
7.10.4 Nefeli Networks Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.10.5 Nefeli Networks Recent Developments
7.11 Zeetta
7.11.1 Zeetta Profile
7.11.2 Zeetta Main Business
7.11.3 Zeetta Network Function Virtualization Service Products, Services and Solutions
7.11.4 Zeetta Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.11.5 Zeetta Recent Developments
7.12 InManta
7.12.1 InManta Profile
7.12.2 InManta Main Business
7.12.3 InManta Network Function Virtualization Service Products, Services and Solutions
7.12.4 InManta Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.12.5 InManta Recent Developments
7.13 netElastic Systems
7.13.1 netElastic Systems Profile
7.13.2 netElastic Systems Main Business
7.13.3 netElastic Systems Network Function Virtualization Service Products, Services and Solutions
7.13.4 netElastic Systems Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.13.5 netElastic Systems Recent Developments
7.14 AT&T Business
7.14.1 AT&T Business Profile
7.14.2 AT&T Business Main Business
7.14.3 AT&T Business Network Function Virtualization Service Products, Services and Solutions
7.14.4 AT&T Business Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.14.5 AT&T Business Recent Developments
7.15 AudioCodes
7.15.1 AudioCodes Profile
7.15.2 AudioCodes Main Business
7.15.3 AudioCodes Network Function Virtualization Service Products, Services and Solutions
7.15.4 AudioCodes Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.15.5 AudioCodes Recent Developments
7.16 Virtusa
7.16.1 Virtusa Profile
7.16.2 Virtusa Main Business
7.16.3 Virtusa Network Function Virtualization Service Products, Services and Solutions
7.16.4 Virtusa Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.16.5 Virtusa Recent Developments
7.17 Matellio
7.17.1 Matellio Profile
7.17.2 Matellio Main Business
7.17.3 Matellio Network Function Virtualization Service Products, Services and Solutions
7.17.4 Matellio Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.17.5 Matellio Recent Developments
7.18 Calsoft Inc
7.18.1 Calsoft Inc Profile
7.18.2 Calsoft Inc Main Business
7.18.3 Calsoft Inc Network Function Virtualization Service Products, Services and Solutions
7.18.4 Calsoft Inc Network Function Virtualization Service Revenue (US$ Million) & (2020-2025)
7.18.5 Calsoft Inc Recent Developments
8 Industry Chain Analysis
8.1 Network Function Virtualization Service Industrial Chain
8.2 Network Function Virtualization Service Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Network Function Virtualization Service Sales Model
8.5.2 Sales Channel
8.5.3 Network Function Virtualization Service Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Published: 2026-03-12
Pages: 160
The global Network Function Virtualization Service market size was US$ 252 million in 2025 and is forecast to reach a readjusted size of US$ 346 million by 2032 with a CAGR of 4.7% during the forecast period 2026-2032.
Published: 2026-03-12
Pages: 102
The global Network Function Virtualization Service market was valued at US$ 252 million in 2025 and is anticipated to reach US$ 346 million by 2032, at a CAGR of 4.7% from 2026 to 2032.
Published: 2026-03-12
Pages: 124
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The global Network Function Virtualization Service market size was US$ 235 million in 2024 and is forecast to a readjusted size of US$ 332 million by 2031 with a CAGR of 4.7% during the forecast period 2025-2031.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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