Virtual CPE Market Report, Size, Growth, Share, Merger, Competitive Analysis, Regional Outlook with Industry Forecast To 2027
Market Analysis The virtual CPE market is predicted to touch USD 2600 million at a whopping 27% CAGR between 2016- 2022, states the recent Market Research Future (MRFR) analysis. Virtual CPE, simply put, is an alternative means to deliver subscribers with broadband services where a major part of the CPE function is pulled in to the network of the operator and located adjacent the service edge. Various factors are adding to the virtual customer premises equipment (vCPE) market share. As per the current MRFR report, such factors include growing need for mobility, cost optimization benefit to maintain hardware, burgeoning need for cloud-based or virtual solutions, increasing use of virtual CPE network infrastructure, increasing use of internet technologies, and increasing complexity of networks. On the flip side, the lack of technical expertise, limited knowledge, and the threat to data security and reliability are factors that may impede the growth of ...