Market Overview:
The global virtual network interface market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for cloud-based services and the growing need for data center consolidation and migration. In terms of type, the cloud-based segment is expected to grow at a higher CAGR than the on-premise segment during the forecast period. This can be attributed to the growing acceptance of cloud services by enterprises and service providers worldwide. In terms of application, enterprises are expected to account for a larger share of this market than service providers during the forecast period.
Product Definition:
A virtual network interface (VNI) is a logical representation of a physical or virtual network interface. VNIs are used in software-defined networking (SDN) to provide isolation and/or flexibility in networking. For example, one VNI can be used to represent the management network for an SDN controller, while another VNI can be used to represent the data plane for tenant networks.
Cloud:
Cloud is a shared pool of data that can be easily accessible and provides an opportunity for companies to share information. It helps in storing large amounts of data remotely so that the user can access it using internet connection. Cloud computing is the practice of utilizing cloud for computing and storing information. The technology has evolved over time, from simple storage to more complex functions such as sharing files, making online payments, etc.
On-Premise:
On-premise is a term used for referring to the practice of hosting computer applications and data on the user's own equipment. It is also known as client-based deployment, wherein the software and data are installed and maintained directly by the users on their computers.
Application Insights:
The enterprises segment dominated the global virtual network interface market in 2017 and is expected to continue its dominance over the forecast period. The growing demand for VNIC from large enterprise customers to support their cloud infrastructure is one of the key factors driving this segment. Enterprise providers are adopting a hybrid approach, wherein they use public clouds for some services but deploy their own data centers as a backup solution. This has led to an increased demand for VNICs from these providers.
The service providers¢â‚¬â„¢ application segment accounted for more than 25% share of the overall revenue in 2017 and is expected to grow at a significant rate over the forecast period due to increasing adoption of Virtual Private Network (VPN) solutions by service providers globally. VPNs offer secure tunneling technology that enables users remote accesses into corporate networks with maximum security and privacy, which in turn, drives its adoption among service providers worldwide.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in cloud, IoT, and mobility solutions across various industries. Moreover, rising demand for high-speed wireless data networks has led to increased adoption of VNI from service providers operating in telecommunication, media & entertainment (TME), banking & financial services (BFS), logistics & warehousing as well as other sectors.
North America region is projected to witness significant growth over the forecast period owing to increasing deployment of virtual network interface at enterprises along with rapid adoption by TMEs for secure communication over public networks and cloud computing infrastructure. In addition, presence of major technology players such as Cisco Systems Inc., Hewlett Packard Enterprise Development LP; VMware Inc.; Citrix Systems; Microsoft Corporation; Arista Networks Inc.
Growth Factors:
- Increasing demand for bandwidth-intensive applications such as big data, cloud computing, and video streaming is driving the need for faster and more efficient networking solutions.
- Virtual Network Interface cards can improve network performance by offloading processing tasks from the host CPU to the VNIC, allowing the host CPU to focus on other tasks.
- Growing popularity of server virtualization is also fueling demand for VNICs as they are essential for creating virtual networks within a physical server infrastructure.
- Rapid expansion of data centers worldwide is creating a large market opportunity for Virtual Network Interface card vendors.
- Emerging technologies such as 5G and Internet of Things are expected to drive significant growth in the Virtual Network Interface market in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Virtual Network Interface Market Research Report
By Type
Cloud, On-Premise
By Application
Enterprises, Services Providers
By Companies
Cisco Systems, Adobe Systems, Asymetrix, Apple, Garnet Toolkit
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Virtual Network Interface Market Report Segments:
The global Virtual Network Interface market is segmented on the basis of:
Types
Cloud, On-Premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Enterprises, Services Providers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco Systems
- Adobe Systems
- Asymetrix
- Apple
- Garnet Toolkit
Highlights of The Virtual Network Interface Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud
- On-Premise
- By Application:
- Enterprises
- Services Providers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Virtual Network Interface Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A virtual network interface (VNI) is a software abstraction that allows multiple network devices to appear as a single logical interface to the operating system. This can be useful when managing large networks, or when you want to use different devices in your network for different tasks.
Some of the key players operating in the virtual network interface market are Cisco Systems, Adobe Systems, Asymetrix, Apple, Garnet Toolkit.
The virtual network interface market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Virtual Network Interface Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Virtual Network Interface Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Virtual Network Interface Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Virtual Network Interface Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Virtual Network Interface Market Size & Forecast, 2020-2028 4.5.1 Virtual Network Interface Market Size and Y-o-Y Growth 4.5.2 Virtual Network Interface Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cloud
5.2.2 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Enterprises
6.2.2 Services Providers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Virtual Network Interface Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Virtual Network Interface Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cloud
9.6.2 On-Premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Enterprises
9.10.2 Services Providers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cloud
10.6.2 On-Premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Enterprises
10.10.2 Services Providers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cloud
11.6.2 On-Premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Enterprises
11.10.2 Services Providers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cloud
12.6.2 On-Premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Enterprises
12.10.2 Services Providers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cloud
13.6.2 On-Premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Enterprises
13.10.2 Services Providers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Virtual Network Interface Market: Competitive Dashboard
14.2 Global Virtual Network Interface Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems
14.3.2 Adobe Systems
14.3.3 Asymetrix
14.3.4 Apple
14.3.5 Garnet Toolkit