Europe Virtual Customer Premises Equipment (vCPE) Market Size, 2028

Europe Virtual Customer Premises Equipment (vCPE) Market Size, Share & Industry Trends Analysis Report By Vertical, By Organization Size (Large Enterprises and SMEs), By Deployment Type (On-premise and Cloud), By Component, By Country and Growth Forecast, 2022 - 2028

Published Date: September-2022 | Number of Pages: 133 | Format: PDF | Report ID: KBV-20102

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Market Report Description

The Europe Virtual Customer Premises Equipment (vCPE) Market would witness market growth of 37.3% CAGR during the forecast period (2022-2028).

These operations are carried out at a different location or data center. Branch locations simply require one or two devices to run software that can supply various functionalities to the site, as opposed to several dedicated appliances. Any terminal and related equipment that is housed at a subscriber's location and connected to a carrier's telecommunications network at the demarcation point is referred to in the telecommunications industry as customer-premises equipment.

The demark is a line drawn in a facility or complex to distinguish consumer equipment from that found in the central office or distribution infrastructure of the communications service provider. Devices like telephones, routers, network switches, set-top boxes, residential gateways (RG), fixed mobile convergence products, home networking adapters, and Internet access gateways are considered to be CPE in general. These devices allow users to access communication services from providers and distribute them throughout a home or business using a local area network (LAN).

Russian intelligence claims that the government of Russia may be planning countermeasures against upcoming hacks. The Russian government not only disseminated malicious software but also engaged in distributed denial-of-service (DDoS) attacks against Ukrainian government officials and infrastructures. A few cybercriminal organizations have also recently proclaimed their support for the Russian government. These Russian-affiliated cyber terrorist organizations have pledged to carry out operations as payback for alleged assaults against the Russian government and people.

The Germany market dominated the Europe Virtual Customer Premises Equipment (vCPE) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,235.7 million by 2028. The UK market is anticipated to grow at a CAGR of 36.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 38.4% during (2022 - 2028).

Based on Vertical, the market is segmented into Data Centers & Telecom Service Providers, BFSI, Government & Defense, IT, Manufacturing, Healthcare & Life Sciences, and Others. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Component, the market is segmented into Solutions/Tools (Security & Compliance, Application & Controller Platform, Virtual Routers, Virtual Switches, and Infrastructure Management & Orchestration)and Service. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Virtual Customer Premises Equipment (vCPE) Market will Hit $19 Billion by 2028, at a CAGR of 37.9%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Hewlett Packard Enterprise Company, Juniper Networks, Inc., IBM Corporation, Dell Corporation, Ericsson AB, NEC Corporation, Intel Corporation, Huawei Technologies Co. Ltd., and Verizon Communications, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Vertical

  • Data Centers & Telecom Service Providers
  • BFSI
  • Government & Defense
  • IT
  • Manufacturing
  • Healthcare & Life Sciences
  • Others

By Organization Size

  • Large Enterprises
  • SMEs

By Deployment Type

  • On-premise
  • Cloud

By Component

  • Solutions/Tools
    • Security & Compliance
    • Application & Controller Platform
    • Virtual Routers
    • Virtual Switches
    • Infrastructure Management & Orchestration
  • Service

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

  • Cisco Systems, Inc.
  • Hewlett Packard Enterprise Company
  • Juniper Networks, Inc.
  • IBM Corporation
  • Dell Corporation
  • Ericsson AB
  • NEC Corporation
  • Intel Corporation
  • Huawei Technologies Co. Ltd.
  • Verizon Communications, Inc.

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Related Reports:

Global Virtual Customer Premises Equipment (vCPE) Market Report 2022-2028

North America Virtual Customer Premises Equipment (vCPE) Market Report 2022-2028

Asia Pacific Virtual Customer Premises Equipment (vCPE) Market Report 2022-2028

LAMEA Virtual Customer Premises Equipment (vCPE) Market Report 2022-2028

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