The North America Virtual Customer Premises Equipment (vCPE) Market would witness market growth of 37.3% CAGR during the forecast period (2022-2028).
The intelligence of these devices is abstracted into a software-based capability that is housed in a distant data center by vCPE, also known as cloud CPE. Simple, affordable, on-site hardware supports the software. For convenience and financial efficiency, this approach also enables the consolidation of specialized, individual devices into a single general-purpose box. According to some studies, vCPE is one of the main forces behind the deployment of network services virtualization due to its potential to streamline operations, lower Capex and Opex, and hasten service delivery.
To network, devices are often deployed in stacks at each location. Specialized personnel are needed to configure, equip, and maintain these appliances, and they are typically expected to be present on-site to carry out these duties. Not only the cost of buying the gadgets but also the cost of support and upkeep can add up. Large equipment stacks can be intrusive and take up a lot of room at branch offices, which typically have limited physical space. These enormous stacks are destroyed by vCPE, which instead integrates the many network services into a cloud-based paradigm.
This act may also serve as a model for states, municipalities, and other local governments as they work with the federal government to safeguard their critical infrastructure. The security and safety of Canadian Canadians will always come first, and the government will take whatever steps are necessary to secure the communications network. The changes implemented by the government would ensure that Canadians could continue to benefit from top-notch and secure telecom services while also improving the networks' long-term security.
The US market dominated the North America Virtual Customer Premises Equipment (vCPE) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,149.8 million by 2028. The Canada market is poised to grow a CAGR of 40.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 39.1% during (2022 - 2028).
Based on Vertical, the market is segmented into Data Centers & Telecom Service Providers, BFSI, Government & Defense, IT, Manufacturing, Healthcare & Life Sciences, and Others. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Component, the market is segmented into Solutions/Tools (Security & Compliance, Application & Controller Platform, Virtual Routers, Virtual Switches, and Infrastructure Management & Orchestration) and Service. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Virtual Customer Premises Equipment (vCPE) Market is Estimated to reach $19 Billion by 2028, at a CAGR of 37.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Hewlett Packard Enterprise Company, Juniper Networks, Inc., IBM Corporation, Dell Corporation, Ericsson AB, NEC Corporation, Intel Corporation, Huawei Technologies Co. Ltd., and Verizon Communications, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- Data Centers & Telecom Service Providers
- BFSI
- Government & Defense
- IT
- Manufacturing
- Healthcare & Life Sciences
- Others
By Organization Size
By Deployment Type
By Component
- Solutions/Tools
- Security & Compliance
- Application & Controller Platform
- Virtual Routers
- Virtual Switches
- Infrastructure Management & Orchestration
- Service
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- Hewlett Packard Enterprise Company
- Juniper Networks, Inc.
- IBM Corporation
- Dell Corporation
- Ericsson AB
- NEC Corporation
- Intel Corporation
- Huawei Technologies Co. Ltd.
- Verizon Communications, Inc.
TABLE 1 North America Virtual Customer Premises Equipment (vCPE) Market, 2018 - 2021, USD Million
TABLE 2 North America Virtual Customer Premises Equipment (vCPE) Market, 2022 - 2028, USD Million
TABLE 3 North America Virtual Customer Premises Equipment (vCPE) Market by Vertical, 2018 - 2021, USD Million
TABLE 4 North America Virtual Customer Premises Equipment (vCPE) Market by Vertical, 2022 - 2028, USD Million
TABLE 5 North America Data Centers & Telecom Service Providers Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Data Centers & Telecom Service Providers Market by Country, 2022 - 2028, USD Million
TABLE 7 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 8 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Government & Defense Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Government & Defense Market by Country, 2022 - 2028, USD Million
TABLE 11 North America IT Market by Country, 2018 - 2021, USD Million
TABLE 12 North America IT Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Other Vertical Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Other Vertical Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Virtual Customer Premises Equipment (vCPE) Market by Organization Size, 2018 - 2021, USD Million
TABLE 20 North America Virtual Customer Premises Equipment (vCPE) Market by Organization Size, 2022 - 2028, USD Million
TABLE 21 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 23 North America SMEs Market by Country, 2018 - 2021, USD Million
TABLE 24 North America SMEs Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Virtual Customer Premises Equipment (vCPE) Market by Deployment Type, 2018 - 2021, USD Million
TABLE 26 North America Virtual Customer Premises Equipment (vCPE) Market by Deployment Type, 2022 - 2028, USD Million
TABLE 27 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 28 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Virtual Customer Premises Equipment (vCPE) Market by Component, 2018 - 2021, USD Million
TABLE 32 North America Virtual Customer Premises Equipment (vCPE) Market by Component, 2022 - 2028, USD Million
TABLE 33 North America Solutions/Tools Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Solutions/Tools Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Virtual Customer Premises Equipment (vCPE) Market by Solutions/Tools Type, 2018 - 2021, USD Million
TABLE 36 North America Virtual Customer Premises Equipment (vCPE) Market by Solutions/Tools Type, 2022 - 2028, USD Million
TABLE 37 North America Security & Compliance Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Security & Compliance Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Application & Controller Platform Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Application & Controller Platform Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Virtual Routers Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Virtual Routers Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Virtual Switches Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Virtual Switches Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Infrastructure Managament & Orchestration Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Infrastructure Managament & Orchestration Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Service Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Service Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Virtual Customer Premises Equipment (vCPE) Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Virtual Customer Premises Equipment (vCPE) Market by Country, 2022 - 2028, USD Million
TABLE 51 US Virtual Customer Premises Equipment (vCPE) Market, 2018 - 2021, USD Million
TABLE 52 US Virtual Customer Premises Equipment (vCPE) Market, 2022 - 2028, USD Million
TABLE 53 US Virtual Customer Premises Equipment (vCPE) Market by Vertical, 2018 - 2021, USD Million
TABLE 54 US Virtual Customer Premises Equipment (vCPE) Market by Vertical, 2022 - 2028, USD Million
TABLE 55 US Virtual Customer Premises Equipment (vCPE) Market by Organization Size, 2018 - 2021, USD Million
TABLE 56 US Virtual Customer Premises Equipment (vCPE) Market by Organization Size, 2022 - 2028, USD Million
TABLE 57 US Virtual Customer Premises Equipment (vCPE) Market by Deployment Type, 2018 - 2021, USD Million
TABLE 58 US Virtual Customer Premises Equipment (vCPE) Market by Deployment Type, 2022 - 2028, USD Million
TABLE 59 US Virtual Customer Premises Equipment (vCPE) Market by Component, 2018 - 2021, USD Million
TABLE 60 US Virtual Customer Premises Equipment (vCPE) Market by Component, 2022 - 2028, USD Million
TABLE 61 US Virtual Customer Premises Equipment (vCPE) Market by Solutions/Tools Type, 2018 - 2021, USD Million
TABLE 62 US Virtual Customer Premises Equipment (vCPE) Market by Solutions/Tools Type, 2022 - 2028, USD Million
TABLE 63 Canada Virtual Customer Premises Equipment (vCPE) Market, 2018 - 2021, USD Million
TABLE 64 Canada Virtual Customer Premises Equipment (vCPE) Market, 2022 - 2028, USD Million
TABLE 65 Canada Virtual Customer Premises Equipment (vCPE) Market by Vertical, 2018 - 2021, USD Million
TABLE 66 Canada Virtual Customer Premises Equipment (vCPE) Market by Vertical, 2022 - 2028, USD Million
TABLE 67 Canada Virtual Customer Premises Equipment (vCPE) Market by Organization Size, 2018 - 2021, USD Million
TABLE 68 Canada Virtual Customer Premises Equipment (vCPE) Market by Organization Size, 2022 - 2028, USD Million
TABLE 69 Canada Virtual Customer Premises Equipment (vCPE) Market by Deployment Type, 2018 - 2021, USD Million
TABLE 70 Canada Virtual Customer Premises Equipment (vCPE) Market by Deployment Type, 2022 - 2028, USD Million
TABLE 71 Canada Virtual Customer Premises Equipment (vCPE) Market by Component, 2018 - 2021, USD Million
TABLE 72 Canada Virtual Customer Premises Equipment (vCPE) Market by Component, 2022 - 2028, USD Million
TABLE 73 Canada Virtual Customer Premises Equipment (vCPE) Market by Solutions/Tools Type, 2018 - 2021, USD Million
TABLE 74 Canada Virtual Customer Premises Equipment (vCPE) Market by Solutions/Tools Type, 2022 - 2028, USD Million
TABLE 75 Mexico Virtual Customer Premises Equipment (vCPE) Market, 2018 - 2021, USD Million
TABLE 76 Mexico Virtual Customer Premises Equipment (vCPE) Market, 2022 - 2028, USD Million
TABLE 77 Mexico Virtual Customer Premises Equipment (vCPE) Market by Vertical, 2018 - 2021, USD Million
TABLE 78 Mexico Virtual Customer Premises Equipment (vCPE) Market by Vertical, 2022 - 2028, USD Million
TABLE 79 Mexico Virtual Customer Premises Equipment (vCPE) Market by Organization Size, 2018 - 2021, USD Million
TABLE 80 Mexico Virtual Customer Premises Equipment (vCPE) Market by Organization Size, 2022 - 2028, USD Million
TABLE 81 Mexico Virtual Customer Premises Equipment (vCPE) Market by Deployment Type, 2018 - 2021, USD Million
TABLE 82 Mexico Virtual Customer Premises Equipment (vCPE) Market by Deployment Type, 2022 - 2028, USD Million
TABLE 83 Mexico Virtual Customer Premises Equipment (vCPE) Market by Component, 2018 - 2021, USD Million
TABLE 84 Mexico Virtual Customer Premises Equipment (vCPE) Market by Component, 2022 - 2028, USD Million
TABLE 85 Mexico Virtual Customer Premises Equipment (vCPE) Market by Solutions/Tools Type, 2018 - 2021, USD Million
TABLE 86 Mexico Virtual Customer Premises Equipment (vCPE) Market by Solutions/Tools Type, 2022 - 2028, USD Million
TABLE 87 Rest of North America Virtual Customer Premises Equipment (vCPE) Market, 2018 - 2021, USD Million
TABLE 88 Rest of North America Virtual Customer Premises Equipment (vCPE) Market, 2022 - 2028, USD Million
TABLE 89 Rest of North America Virtual Customer Premises Equipment (vCPE) Market by Vertical, 2018 - 2021, USD Million
TABLE 90 Rest of North America Virtual Customer Premises Equipment (vCPE) Market by Vertical, 2022 - 2028, USD Million
TABLE 91 Rest of North America Virtual Customer Premises Equipment (vCPE) Market by Organization Size, 2018 - 2021, USD Million
TABLE 92 Rest of North America Virtual Customer Premises Equipment (vCPE) Market by Organization Size, 2022 - 2028, USD Million
TABLE 93 Rest of North America Virtual Customer Premises Equipment (vCPE) Market by Deployment Type, 2018 - 2021, USD Million
TABLE 94 Rest of North America Virtual Customer Premises Equipment (vCPE) Market by Deployment Type, 2022 - 2028, USD Million
TABLE 95 Rest of North America Virtual Customer Premises Equipment (vCPE) Market by Component, 2018 - 2021, USD Million
TABLE 96 Rest of North America Virtual Customer Premises Equipment (vCPE) Market by Component, 2022 - 2028, USD Million
TABLE 97 Rest of North America Virtual Customer Premises Equipment (vCPE) Market by Solutions/Tools Type, 2018 - 2021, USD Million
TABLE 98 Rest of North America Virtual Customer Premises Equipment (vCPE) Market by Solutions/Tools Type, 2022 - 2028, USD Million
TABLE 99 Key Information – Cisco Systems, Inc.
TABLE 100 key information – Hewlett Packard Enterprise Company
TABLE 101 Key Information – Juniper Networks, Inc.
TABLE 102 Key information – IBM Corporation
TABLE 103 Key Information – Dell Technologies, Inc.
TABLE 104 key information – Ericsson AB
TABLE 105 KEY INFORMATION – NEC Corporation
TABLE 106 Key Information – Intel Corporation
TABLE 107 key information – Huawei Technologies Co., Ltd.
TABLE 108 key information – Verizon Communications, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Cisco Systems, Inc.
FIG 3 SWOT Analysis: Cisco Systems, Inc.
FIG 4 SWOT analysis: Hewlett-Packard enterprise Company
FIG 5 Swot analysis: IBM Corporation
FIG 6 SWOT Analysis: Dell Technologies, Inc.
FIG 7 Recent strategies and developments: Ericsson AB
FIG 8 SWOT analysis: Intel corporation