Industry: Service & Software
Published Date: 2025-06-22
Pages: 98 Pages
Report ld: 4772763
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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 valued at US$ 235 million in the year 2024 and is projected to reach a revised size of US$ 332 million by 2031, growing at a CAGR of 4.7% during the forecast period.
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 is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Network Function Virtualization Service is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for Network Function Virtualization Service in Telecom Operator Network is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global 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 world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Network Function Virtualization Service, 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.
The Network Function Virtualization Service market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Network Function Virtualization Service market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Network Function Virtualization Service companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Network Function Virtualization Service company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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.
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TABLE OF CONTENTS
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Network Function Virtualization Service Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Core Network Virtualization
1.2.3 Edge Computing Virtualization
1.2.4 Data Center Network Virtualization
1.2.5 Others
1.3 Market by Application
1.3.1 Global Network Function Virtualization Service Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Telecom Operator Network
1.3.3 Cloud Service Provider
1.3.4 Enterprise Network
1.3.5 5G Network
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Network Function Virtualization Service Market Perspective (2020-2031)
2.2 Global Network Function Virtualization Service Growth Trends by Region
2.2.1 Global Network Function Virtualization Service Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Network Function Virtualization Service Historic Market Size by Region (2020-2025)
2.2.3 Network Function Virtualization Service Forecasted Market Size by Region (2026-2031)
2.3 Network Function Virtualization Service Market Dynamics
2.3.1 Network Function Virtualization Service Industry Trends
2.3.2 Network Function Virtualization Service Market Drivers
2.3.3 Network Function Virtualization Service Market Challenges
2.3.4 Network Function Virtualization Service Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Network Function Virtualization Service Players by Revenue
3.1.1 Global Top Network Function Virtualization Service Players by Revenue (2020-2025)
3.1.2 Global Network Function Virtualization Service Revenue Market Share by Players (2020-2025)
3.2 Global Top Network Function Virtualization Service Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Network Function Virtualization Service Revenue
3.4 Global Network Function Virtualization Service Market Concentration Ratio
3.4.1 Global Network Function Virtualization Service Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Network Function Virtualization Service Revenue in 2024
3.5 Global Key Players of Network Function Virtualization Service Head office and Area Served
3.6 Global Key Players of Network Function Virtualization Service, Product and Application
3.7 Global Key Players of Network Function Virtualization Service, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Network Function Virtualization Service Breakdown Data by Type
4.1 Global Network Function Virtualization Service Historic Market Size by Type (2020-2025)
4.2 Global Network Function Virtualization Service Forecasted Market Size by Type (2026-2031)
5 Network Function Virtualization Service Breakdown Data by Application
5.1 Global Network Function Virtualization Service Historic Market Size by Application (2020-2025)
5.2 Global Network Function Virtualization Service Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Network Function Virtualization Service Market Size (2020-2031)
6.2 North America Network Function Virtualization Service Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Network Function Virtualization Service Market Size by Country (2020-2025)
6.4 North America Network Function Virtualization Service Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Network Function Virtualization Service Market Size (2020-2031)
7.2 Europe Network Function Virtualization Service Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Network Function Virtualization Service Market Size by Country (2020-2025)
7.4 Europe Network Function Virtualization Service Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Ireland
8 Asia-Pacific
8.1 Asia-Pacific Network Function Virtualization Service Market Size (2020-2031)
8.2 Asia-Pacific Network Function Virtualization Service Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Network Function Virtualization Service Market Size by Region (2020-2025)
8.4 Asia-Pacific Network Function Virtualization Service Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia & New Zealand
9 Latin America
9.1 Latin America Network Function Virtualization Service Market Size (2020-2031)
9.2 Latin America Network Function Virtualization Service Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Network Function Virtualization Service Market Size by Country (2020-2025)
9.4 Latin America Network Function Virtualization Service Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Network Function Virtualization Service Market Size (2020-2031)
10.2 Middle East & Africa Network Function Virtualization Service Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Network Function Virtualization Service Market Size by Country (2020-2025)
10.4 Middle East & Africa Network Function Virtualization Service Market Size by Country (2026-2031)
10.5 Israel
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Aziro
11.1.1 Aziro Company Details
11.1.2 Aziro Business Overview
11.1.3 Aziro Network Function Virtualization Service Introduction
11.1.4 Aziro Revenue in Network Function Virtualization Service Business (2020-2025)
11.1.5 Aziro Recent Development
11.2 Cisco Systems
11.2.1 Cisco Systems Company Details
11.2.2 Cisco Systems Business Overview
11.2.3 Cisco Systems Network Function Virtualization Service Introduction
11.2.4 Cisco Systems Revenue in Network Function Virtualization Service Business (2020-2025)
11.2.5 Cisco Systems Recent Development
11.3 Ribbon Communications
11.3.1 Ribbon Communications Company Details
11.3.2 Ribbon Communications Business Overview
11.3.3 Ribbon Communications Network Function Virtualization Service Introduction
11.3.4 Ribbon Communications Revenue in Network Function Virtualization Service Business (2020-2025)
11.3.5 Ribbon Communications Recent Development
11.4 Hillstone Networks
11.4.1 Hillstone Networks Company Details
11.4.2 Hillstone Networks Business Overview
11.4.3 Hillstone Networks Network Function Virtualization Service Introduction
11.4.4 Hillstone Networks Revenue in Network Function Virtualization Service Business (2020-2025)
11.4.5 Hillstone Networks Recent Development
11.5 Ericsson
11.5.1 Ericsson Company Details
11.5.2 Ericsson Business Overview
11.5.3 Ericsson Network Function Virtualization Service Introduction
11.5.4 Ericsson Revenue in Network Function Virtualization Service Business (2020-2025)
11.5.5 Ericsson Recent Development
11.6 Huawei
11.6.1 Huawei Company Details
11.6.2 Huawei Business Overview
11.6.3 Huawei Network Function Virtualization Service Introduction
11.6.4 Huawei Revenue in Network Function Virtualization Service Business (2020-2025)
11.6.5 Huawei Recent Development
11.7 Juniper Networks
11.7.1 Juniper Networks Company Details
11.7.2 Juniper Networks Business Overview
11.7.3 Juniper Networks Network Function Virtualization Service Introduction
11.7.4 Juniper Networks Revenue in Network Function Virtualization Service Business (2020-2025)
11.7.5 Juniper Networks Recent Development
11.8 Amdocs
11.8.1 Amdocs Company Details
11.8.2 Amdocs Business Overview
11.8.3 Amdocs Network Function Virtualization Service Introduction
11.8.4 Amdocs Revenue in Network Function Virtualization Service Business (2020-2025)
11.8.5 Amdocs Recent Development
11.9 Netcracker Technology
11.9.1 Netcracker Technology Company Details
11.9.2 Netcracker Technology Business Overview
11.9.3 Netcracker Technology Network Function Virtualization Service Introduction
11.9.4 Netcracker Technology Revenue in Network Function Virtualization Service Business (2020-2025)
11.9.5 Netcracker Technology Recent Development
11.10 Nefeli Networks
11.10.1 Nefeli Networks Company Details
11.10.2 Nefeli Networks Business Overview
11.10.3 Nefeli Networks Network Function Virtualization Service Introduction
11.10.4 Nefeli Networks Revenue in Network Function Virtualization Service Business (2020-2025)
11.10.5 Nefeli Networks Recent Development
11.11 Zeetta
11.11.1 Zeetta Company Details
11.11.2 Zeetta Business Overview
11.11.3 Zeetta Network Function Virtualization Service Introduction
11.11.4 Zeetta Revenue in Network Function Virtualization Service Business (2020-2025)
11.11.5 Zeetta Recent Development
11.12 InManta
11.12.1 InManta Company Details
11.12.2 InManta Business Overview
11.12.3 InManta Network Function Virtualization Service Introduction
11.12.4 InManta Revenue in Network Function Virtualization Service Business (2020-2025)
11.12.5 InManta Recent Development
11.13 netElastic Systems
11.13.1 netElastic Systems Company Details
11.13.2 netElastic Systems Business Overview
11.13.3 netElastic Systems Network Function Virtualization Service Introduction
11.13.4 netElastic Systems Revenue in Network Function Virtualization Service Business (2020-2025)
11.13.5 netElastic Systems Recent Development
11.14 AT&T Business
11.14.1 AT&T Business Company Details
11.14.2 AT&T Business Business Overview
11.14.3 AT&T Business Network Function Virtualization Service Introduction
11.14.4 AT&T Business Revenue in Network Function Virtualization Service Business (2020-2025)
11.14.5 AT&T Business Recent Development
11.15 AudioCodes
11.15.1 AudioCodes Company Details
11.15.2 AudioCodes Business Overview
11.15.3 AudioCodes Network Function Virtualization Service Introduction
11.15.4 AudioCodes Revenue in Network Function Virtualization Service Business (2020-2025)
11.15.5 AudioCodes Recent Development
11.16 Virtusa
11.16.1 Virtusa Company Details
11.16.2 Virtusa Business Overview
11.16.3 Virtusa Network Function Virtualization Service Introduction
11.16.4 Virtusa Revenue in Network Function Virtualization Service Business (2020-2025)
11.16.5 Virtusa Recent Development
11.17 Matellio
11.17.1 Matellio Company Details
11.17.2 Matellio Business Overview
11.17.3 Matellio Network Function Virtualization Service Introduction
11.17.4 Matellio Revenue in Network Function Virtualization Service Business (2020-2025)
11.17.5 Matellio Recent Development
11.18 Calsoft Inc
11.18.1 Calsoft Inc Company Details
11.18.2 Calsoft Inc Business Overview
11.18.3 Calsoft Inc Network Function Virtualization Service Introduction
11.18.4 Calsoft Inc Revenue in Network Function Virtualization Service Business (2020-2025)
11.18.5 Calsoft Inc Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 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
The global market for Network Function Virtualization Service was estimated to be worth US$ 252 million in 2025 and is projected to reach US$ 346 million, growing at a CAGR of 4.7% from 2026 to 2032.
Published: 2026-03-09
Pages: 125
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.
Published: 2025-06-22
Pages: 109
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Pages: 160
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.
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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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