FMI Market Forecast Report on Virtual Customer Premise | Page 6

Virtual Customer Premises Equipment Market
On the basis of service model, virtual customer premises equipment market can be segmented into
platform as a service (PaaS), infrastructure as a service (IaaS) and others.
On the basis of end-user, virtual customer premises equipment marketcan be segmented into small and
medium enterprises (SMEs) and large enterprises
On the basis of industry application, virtual customer premises equipment market can be segmented
into banking, financial services and insurance (BFSI), IT and telecommunication, energy and utility,
government offices and education, healthcare, and others
Virtual Customer Premises Equipment Market: Regional Overview
Regionally, virtual customer premises equipment market can be segmented into North America, Latin
America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa
North America is expected to hold the major market share during the forecast period owing to the
increased adoption and usage of SDN and NFV among data centers and telecom companies which is
transforming the virtual customer premises equipment market across industry verticals in the region.
Western Europe closely follows the North America market in terms of market share as the regions has
well established economy which enables enterprises in this region to invest in new technologies. Asia
Pacific excluding Japan market is expected to experience exponential growth in the forecast period.
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