Monday, December 14, 2020

Network Function Virtualization (NFV) Market Worth $122 billion by 2027- Exclusive Report Covering Pre and Post COVID-19 Market Estimates by Meticulous Research®



Network function virtualization is a combination of hardware and software networks that creates a virtual network parallel to existing network. The NFV improves scalability and agility by allowing service providers to deliver new network services and applications on-demand, without the requirement of additional hardware resources. Over the years, network function virtualization has gained much importance and is becoming a common part of organizations dealing with huge amounts of data and complex networking systems. Network function virtualization technology is packed with several benefits such as high performance, scalability, reliability, and low latency delivery of real-time applications. Several industries and organizations including military, government, and network service providers are deploying this technology across the globe on a considerable scale. Rising demand for data-intensive applications, IoT deployment, cloud migration, growing number of network complexities, and secur

https://www.globenewswire.com/news-release/2020/07/02/2056932/0/en/Network-Function-Virtualization-NFV-Market-Worth-122-billion-by-2027-Exclusive-Report-Covering-Pre-and-Post-COVID-19-Market-Estimates-by-Meticulous-Research.html

Optoelectronics Market- Global Opportunity Analysis and Industry Forecast (2020-2027)

The optoelectronics market is expected to grow at a CAGR of 9.6% from 2020 to 2027 to reach $ 77.9 billion by 2027 from $ 41.2 billion in 2020. The market is growing rapidly due to the increasing demand for optical solutions in the healthcare and automotive industry verticals, growing demand for smart consumer electronics devices, and increasing need for durable and low power consuming components. However, high initial costs associated with manufacturing and fabrication are expected to hamper the market growth. The market is expected to witness immense growth opportunities from the proliferation of IIoT applications, advancements in Li-Fi technology, and innovations in optoelectronic devices.

https://www.meticulousresearch.com/product/optoelectronics-market-5153/

Testing, Inspection, and Certification Market - Global Opportunity Analysis and Industry Forecast (2020-2027)

The Testing, Inspection, and Certification Market Is Expected to Reach $105.99 Billion, at a CAGR of 2.4% during the Forecast Period 2020-2027. The rise in the illicit trade of forged and pirated goods, strict regulatory standards imposed by governments and local observatory bodies, and consistent incorporation of advanced technologies to develop various testing and inspection techniques are the key factors driving the growth of the testing, inspection, and certification market. Besides, the organizations’ growing inclination toward outsourcing TIC services, rising awareness among consumers regarding product quality and safety, and the surge in demand for TIC services globally also contribute to the growth of the testing, inspection, and certification market. However, reliability concerns regarding new service providers and an uncertain regulatory environment are expected to hinder the growth of the TIC market.

https://www.meticulousresearch.com/product/testing-inspection-and-certification-market-5151/