The virtual extensible local-area network (vxlan) from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Virtual Extensible Local-Area Network (VXLAN) Market, 2024 report by The
Business Research Company offers comprehensive insights into the current state
of the market and highlights future growth opportunities.
Market Size -
The virtual extensible local-area network (VXLAN) market size has grown rapidly
in recent years. It will grow from $1.54 billion in 2023 to $1.81 billion in
2024 at a compound annual growth rate (CAGR) of 17.7%. The growth in the
historic period can be attributed to surge in need for scalable network
infrastructure, increased demand for multi-tenant environments, expansion of
software-defined networking (SDN), increased need for improved network security
and segmentation, increased ritualized data centers, and enhanced network
security requirements.
The virtual extensible local-area network (VXLAN) market size is expected to
see rapid growth in the next few years. It will grow to $3.51 billion in 2028
at a compound annual growth rate (CAGR) of 18.0%. The growth in the forecast
period can be attributed to increasing data center virtualization, growing
demand for enhanced network scalability and flexibility, increasing focus on
network security and segmentation, increasing adoption of cloud services, and
increasing network performance and flexibility. Major trends in the forecast
period include advancements in cloud services, advancements in data center
technologies, adoption of IoT and edge computing, advancements in network
virtualization technologies, and advancements in network automation.
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Scope Of Virtual Extensible Local-Area Network (VXLAN) Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Virtual Extensible Local-Area Network (VXLAN) Market Overview
Market Drivers -
The rise in cloud computing services is expected to propel the growth of the
virtual extensible local area network (VXLAN) market going forward. Cloud
computing services refer to delivering computing resources, such as servers,
storage, databases, networking, software, and analytics, over the internet. The
rise in cloud computing services is due to their scalability, flexibility, and
cost-efficiency, enabling businesses to access and utilize advanced technology
solutions without needing on-premises infrastructure management. Cloud
computing services leverage VXLAN to enhance network scalability, flexibility,
and efficiency by creating isolated virtual networks over existing IP
infrastructure, supporting dynamic and secure multi-tenant environments, and
integrating seamlessly with advanced network technologies. For instance, in
April 2024, according to Eurostat Statistics, a European-based statistics and
data organization provider, in 2023, 45.2% of EU businesses embraced cloud
computing, mainly for email hosting, file storage, and office software.
Additionally, 75.3% of these enterprises utilized advanced cloud services,
including security software and database hosting, marking a 4.2% rise compared
to 2021 in cloud adoption rates. Therefore, the rise in cloud computing
services will drive the virtual extensible LAN (VXLAN) market.
Market Trends -
Major companies operating in the virtual extensible local area network (VXLAN)
market are focusing on developing innovative solutions, such as next-generation
firewalls, to provide robust security, performance, and flexibility for modern
network environments. Next-generation firewalls enable granular network
segmentation and micro-segmentation within VXLAN environments. This
segmentation isolates different network segments, limiting the spread of
attacks and ensuring that security policies are consistently applied across
virtual networks. For instance, in June 2022, Cisco Systems Inc., a US-based
digital communications technology company, launched the Cisco Secure Firewall
3100 Series, a line of next-generation firewalls. The Cisco Secure Firewall
3100 Series offers VXLAN features, enhancing network scalability and
flexibility. It supports VXLAN configuration through a web interface for easy
setup of interfaces and virtual network interfaces (VNIs) and interface
management via FlexConfig for flexible, persistent settings. High-performance
VXLAN processing ensures efficient encrypted traffic handling. The Cisco secure
firewall management center further simplifies network oversight, making the
3100 Series a powerful solution for managing VXLAN traffic and enhancing
network security and performance.
The virtual extensible local-area network (VXLAN) market covered in this report
is segmented –
1) By Component: Hardware, Software, Services
2) By Application: Multi-Tenancy, Workload Mobility, Software-Defined
Networking (SDN) Overlays, Network Function Virtualization (NFV), Other
Applications
3) By Enterprise Size: Large Enterprises, Small And Medium-Sized Enterprises
(SMEs)
4) By End-User: Manufacturing, Healthcare, Banking, Financial Services, And
Insurance (BFSI), Retail, Media And Entertainment, Government, Information
Technology (IT) And Information Technology enabled Services (ITeS), Telecommunications,
Other End-Users
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Regional Insights -
North America was the largest region in the virtual extensible local-area
network (VXLAN) market in 2023. Asia-Pacific is expected to be the
fastest-growing region in the forecast period. The regions covered in the
virtual extensible local-area network (VXLAN) market report are Asia-Pacific,
Western Europe, Eastern Europe, North America, South America, Middle East,
Africa.
Key Companies -
Major companies operating in the virtual extensible local-area network (VXLAN)
market are Microsoft Corporation, Alibaba Cloud, Dell Technologies Inc., Huawei
Technologies Co. Ltd., Intel Corporation, Cisco Systems Inc., Oracle
Corporation, Broadcom Inc., NVIDIA Corporation, Hewlett Packard Enterprise
Company, Nokia Corporation, VMware LLC, Keysight Technologies, Juniper Networks
Inc., Fortinet Inc. , Red Hat Inc., Arista Networks Inc., Extreme Networks, Ribbon Communications Inc.,
Spirent Communications, FS.com Inc., Arrcus Inc., Pica8 Software Inc., IP Infusion,
Asterfusion Data Technologies Inc.
Table of Contents
1. Executive Summary
2. Virtual Extensible Local-Area Network (VXLAN) Market Report Structure
3. Virtual Extensible Local-Area Network (VXLAN) Market Trends And Strategies
4. Virtual Extensible Local-Area Network (VXLAN) Market – Macro Economic
Scenario
5. Virtual Extensible Local-Area Network (VXLAN) Market Size And Growth
…..
27. Virtual Extensible Local-Area Network (VXLAN) Market Competitor Landscape
And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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