Communication service provider (CSP) is the broad title for a variety of service providers in broadcast and two-way communications services.
By definition, Network functions virtualization (NFV) is an initiative to virtualize network services traditionally run on proprietary, dedicated hardware. NFV functions like routing, load balancing and firewalls are packaged as virtual machines (VMs) on commodity hardware.
Orchestration is most akin to managing a large-scale virtual environment or network. Orchestrating the scheduling and integration of automated tasks between complex distributed systems and services—whether on premise or in the cloud—streamlines and simplifies interconnected workloads, repeatable processes, and operations.
The major components of an NFV architecture include the virtualized network functions (VNFs), NFV Infrastructure (NFVI) and NFV management and orchestration (MANO).
According to the new market research report “Global CSP NFV Management And Orchestration Solutions Market Report 2023-2029”, published by QYResearch, the global CSP NFV Management And Orchestration Solutions market size is projected to reach USD 14.17 billion by 2029, at a CAGR of 15.5% during the forecast period.
Figure. Global CSP NFV Management And Orchestration Solutions Market Size (US$ Million), 2018-2029
Based on or includes research from QYResearch: Global CSP NFV Management And Orchestration Solutions Market Report 2023-2029.
Figure. Global CSP NFV Management And Orchestration Solutions Top 5 Players Ranking and Market Share（Based on data of 2021, Continually updated）
Based on or includes research from QYResearch: 2021 data information of Global CSP NFV Management And Orchestration Solutions Market Report 2023-2029.
The global key manufacturers of CSP NFV Management And Orchestration Solutions include Cisco, Ericsson, Huawei, Nokia, HPE, Juniper Networks, Amdocs, ZTE, Oracle, NEC (Netcracker), etc. In 2021, the global top five players had a share approximately 28.0% in terms of revenue.
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