The ‘Global NFV Management and Orchestration (MANO) Market’ was valued at $3.3 billion in 2020. It is expected to reach $45.6 billion by 2031. It is expected to grow at a commendable compound annual growth rate (CAGR) of 25.8% between 2021 and 2031. In today's rapidly evolving digital landscape, the demand for agile and flexible network infrastructure is greater than ever. Network Function Virtualization (NFV) has emerged as a transformative technology, enabling operators to virtualize network functions, decoupling them from proprietary hardware and running them as software instances on commodity hardware. However, to fully harness the potential of NFV, efficient management and orchestration are essential. This is where NFV Management and Orchestration (MANO) comes into play.

 

Browse the full report at @https://www.sheeranalyticsandinsights.com/market-report-research/nfv-management-and-ochestration-mano-market-21

What is NFV MANO?

NFV MANO encompasses a set of functions responsible for the management and orchestration of virtualized network functions (VNFs) within an NFV architecture. It comprises three main components: NFV Orchestrator (NFVO), Virtualized Infrastructure Manager (VIM), and Virtual Network Function Manager (VNFM).

- NFV Orchestrator (NFVO): This component is responsible for overall orchestration and management of the NFV infrastructure. It handles tasks such as resource allocation, scaling, and lifecycle management of VNFs.

- Virtualized Infrastructure Manager (VIM): VIM manages the underlying hardware resources, such as servers, storage, and networking, that support the virtualized network functions. It abstracts the physical infrastructure and provides resources to the NFVO for allocation to VNFs.

- Virtual Network Function Manager (VNFM): VNFM is responsible for the lifecycle management of individual VNF instances. It handles tasks such as instantiation, monitoring, scaling, and termination of VNFs.

Market Dynamics

The NFV MANO market is experiencing robust growth, driven by several factors:

1. Demand for Network Agility: With the proliferation of data-intensive applications and services, network operators are under pressure to deploy and manage networks more dynamically. NFV MANO enables them to achieve this agility by virtualizing and orchestrating network functions.

2. Cost Reduction: By decoupling network functions from proprietary hardware and leveraging commodity servers, NFV helps reduce capital and operational expenses. MANO further enhances cost efficiency by automating management tasks and optimizing resource utilization.

3. Service Innovation: NFV MANO empowers operators to rapidly introduce new services and scale existing ones to meet changing demands. This agility is crucial in today's competitive market landscape, where the ability to innovate and differentiate services is paramount.

4. Migration to Cloud-Native Architectures: As organizations transition towards cloud-native architectures, NFV MANO plays a vital role in orchestrating virtualized network functions across distributed cloud environments. This enables seamless integration with cloud-native applications and services.

5. Emergence of 5G Networks: The rollout of 5G networks necessitates a more dynamic and flexible infrastructure to support diverse use cases, such as enhanced mobile broadband, massive IoT, and ultra-reliable low-latency communication (URLLC). NFV MANO provides the agility and scalability required to meet the stringent requirements of 5G networks.

Challenges and Opportunities

Despite its promising growth trajectory, the NFV MANO market faces several challenges, including interoperability issues, complexity in multi-vendor environments, and security concerns. Addressing these challenges requires collaboration among industry stakeholders and the development of standardized interfaces and protocols.

However, amidst these challenges lie significant opportunities for innovation and growth. Technologies such as artificial intelligence (AI) and machine learning (ML) hold the potential to enhance NFV MANO capabilities further, enabling predictive analytics, self-optimization, and autonomous network management.

Get sample of this report @https://www.sheeranalyticsandinsights.com/request-sample/nfv-management-and-ochestration-mano-market-21

Key players operating in this market are Amdocs, Anuta Networks, Capgemini Engineering, Ciena (BLueplanet), Cloudify, DZS INC, Ericsson, Fortinet, Hewlett Packard Enterprise Company (HPE), HUAWEI, Iricent, Juniper Network, Mirantis Inc., Oracle, NEC (Netcracker), NFWare, NetElastic Systems, Inc, VMWare (A part of DELL Technologies), Wipro Technologies, and ZTE among others.

The Global NFV Management and Orchestration (MANO) Market Has Been Segmented into:

Global NFV Management and Orchestration (MANO) Market: By Components

  • NFV Orchestrators (NFVOs)
  • Virtual Network Function Managers (VNFMs)
  • Virtualized Infrastructure Managers (VIMs)

Global NFV Management and Orchestration (MANO) Market: By Framework

  • Open-Source MANO
  • Open Network Automation Platform (ONAP)

Global NFV Management and Orchestration (MANO) Market: by Application Providers

  • Direct Service Providers
  • Third Party System Integrators
  • Software Providers

Global NFV Management and Orchestration (MANO) Market: by Network System

  • Private
  • Public
  • Hybrid

Global NFV Management and Orchestration (MANO) Market: by region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • U.K.
    • Others
  • Asia Pacific
    • Australia
    • China
    • India
    • Japan
    • Others
  • LAMEA
    • Latin America
      • Brazil
      • Others
    • Middle East
      • UAE
      • Saudi Arabia
      • Others
    • Africa
      • South Africa
    • Others

About Us:

Sheer Analytics and Insights Private Limited is market research, consulting, and IT services company. We as a company believe in providing point to point data and its analysis with the combination of our human and automation integration. Sheer Analytics and Insights cover majorly eight industry verticals, including chemicals, life science, communications, and electronics, materials, consumer goods, defense, and BFSI sector.

Sheer Analytics believes in quality work and ensures that the product delivered to the client is meaningful for them. We publish reports based on our advanced analytics reports, which are generated with the help of our in-house databases, external databases, and artificial intelligence integration processes. We stand out from other market research companies in terms of integrating facts with meaningful insights for forecasting. 

Contact:

Sheer Analytics and Insights

Call Us:- +1-414-240-5010

Email: sales@sheeranalyticsandinsights.com

Email: query@sheeranalyticsandinsights.com