Network Function Virtualization Market in Asia Pacific to Top $9 Billion in 2022
August 23, 2017 | ABI ResearchEstimated reading time: 1 minute
Telcos in Asia Pacific are actively virtualizing their network architecture. A flurry of development can be observed from open source communities, such as OPNFV and ONAP, as well as from individual efforts by telcos. ABI Research forecasts the network function virtualization (NFV) market in Asia Pacific will grow to $US9.24 billion in 2022. Japan is the largest single market within the Asia Pacific region, constituting 25.7% of the total revenue. This is followed by South Korea and China, at 22.7% and 14.6% respectively.
“Japan leads in the region, not only because of the desire to design resilient and reliable networks in preparation for future disaster threats, but also to prepare for the 2020 Summer Olympics,” said Lian Jye Su, Senior Analyst at ABI Research. “South Korea and China are actively preparing for 5G, which requires both cloud radio access networks (C-RAN) and Cloud Core Networks. At the same time, the rest of the regions are actively catching up. Tier Two telcos, like Banglalink and Ncell, are currently deploying virtual subscriber data management platforms.”
The industry has long agreed that there is no single approach to NFV and the latest market developments demonstrate just that. In July 2017, SK Telecom launched T-MANO, its own network function virtualization management and orchestration (MANO) platform. This move is contrary to major Chinese telcos, who opt to collaborate with large number of vendors and other telcos in ONAP to develop a common MANO platform. Telcos in China aim to become the catalyst for the government “Made in China 2025” strategy. Through their NFV initiatives, Chinese telcos can empower local industrial players with new capabilities, such as multi-access edge computing, massive machine type communications, dynamic cloud services and vehicle-to-everything communications.
“That is why the recent NFV interoperability test between Cisco, Ericsson, Huawei, and Nokia are important. Such collaboration allows telcos to truly embrace the multi-vendor NFV deployment and benefit from the open source nature of NFV,” concludes Su. “We believe that virtualized network function onboarding, interoperability testing, and lifecycle management are becoming the new focus of the industry, as telcos seek to leverage the strengths of different hardware and software vendors.”
Suggested Items
SMT007 Magazine July—What’s Your Competitive Sweet Spot?
07/01/2025 | I-Connect007 Editorial TeamAre you in a niche that’s growing or shrinking? Is it time to reassess and refocus? We spotlight companies thriving by redefining or reinforcing their niche—what are their insights?
Global Dry Film Photoresist Market Set for Robust Growth with Expanding Semiconductor Ecosystem
06/24/2025 | PRNewswireIn 2024, the global market size of Dry Film Photoresist was estimated to be worth US$939 million and is forecast to reach approximately US$1191 million by 2031 with a CAGR of 3.5% during the forecast period 2025-2031.
The Big Picture: Our Big ‘Why’ in the Age of AI
06/25/2025 | Mehul Davé -- Column: The Big PictureWith advanced technology, Tesla, Google, Microsoft, and OpenAI can quickly transform life as we know it. Several notable artificial intelligence (AI) studies, including the 2024 McKinsey Global Survey on AI, have offered insights into AI’s adoption, impact, and trajectory. The McKinsey study revealed that AI adoption continues to grow, with 50% of respondents reporting using AI in at least one business area.
Roll-to-Roll Technologies for Flexible Devices Set to Grow at 11.5% CAGR
06/11/2025 | GlobeNewswireAccording to the latest study from BCC Research, the “Global Markets for Roll-to-Roll Technologies for Flexible Devices” is expected to reach $69.8 billion by the end of 2029 at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2029.
PC AIB Shipments Follow Seasonality, Show Nominal Increase for Q4’24
06/06/2025 | JPRAccording to a new research report from the analyst firm Jon Peddie Research, the growth of the global PC-based graphics add-in board market reached 9.2 million units in Q1'25 and desktop PC CPUs shipments decreased to 17.8 million units.