Virtual Customer Premises Equipment Market – Forecast 2020-2025
Virtual Customer Premises Equipment Market is forecast to reach $10.2 billion by 2025, growing at a CAGR 9.6% from 2020 to 2025. Virtual customer premise equipment is a way of delivering network services such as routing, firewall security and virtual private network connectivity to companies through the use of software rather than dedicated hardware devices. By virtualizing CPE, providers can dramatically simplify and accelerate service delivery, remotely configure and manage devices and enable customers to order new services or adjust existing ones on demand.