Network Function Virtualization Market Growth Drivers and Opportunities

The global Network Function Virtualization (NFV) Market size is expected to grow from USD 12.9 billion in 2019 to USD 36.3 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 22.9% during the forecast period. The demand for network virtualization and automation and emergence of cloud services, data centers consolidation, and server virtualization are some of the major drivers of this market.
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