Managed Services and Advanced Networking Drive Growth of Virtual Customer Premises Equipment Market, Though Lack of Standardization Poses Challenge

Efficient deployment of managed services is driving market growth, allowing centralized IT infrastructure through cloud-based virtual appliances.
Large enterprises have high demand for advanced networking to support global operations, driving adoption of virtual customer premises equipment.
North America is estimated to contribute 41% to market growth during forecast period due to early adoption.
Lack of standardized protocols and interoperability among vendors affects market growth.
Key players include Adtran, Amdocs, Arista Networks, Aryaka Networks, Broadcom, Ciena, Cisco Systems, Citrix, Dell Technologies, and others.

benzinga.com

Relevant topic timeline:

8/27/2023

Virtual Desktop Infrastructure Market to Hit USD 63,196.45 Million By 2030

The global virtual desktop infrastructure (VDI) market, valued at USD 15,728.37 million in 2022, is projected to reach over USD 63,196.45 million by 2030, growing at a CAGR of 19.3% due to factors such as the increasing adoption of VDI in organizations for scalable and customizable desktop solutions and the rising demand for cost-effective IT infrastructure.

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