Virtual Extensible LAN Market Size, Share, and Analysis, By Offering (Software, Hardware, and Services), By Application (Software-Defined Networking Overlays, Network Function Virtualizations, and Others), By End-User (Manufacturing, BFSI, Healthcare, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
Virtual Extensible LAN Market Size, Share, and Analysis, By Offering (Software, Hardware, and Services), By Application (Software-Defined Networking Overlays, Network Function Virtualizations, and Others), By End-User (Manufacturing, BFSI, Healthcare, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Virtual Extensible LAN Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 15.3% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 1.3 billion and is projected to reach USD 6.3 billion by the completion of 2034.
Virtual Extensible LAN, or VXLAN, refers to a process to create virtual networks on top of an existing physical network infrastructure. It works by encapsulating ethernet frames, which are the basic units of data in a traditional local area network, inside UDP packets, that can then be sent over an IP-based network. This allows users to extend a single Layer 2 network (like a LAN) across multiple physical locations, even if they are geographically distant. In addition, virtual extensible LAN uses a 24-bit VNI (VXLAN Network Identifier) to create up to 16 million separate virtual networks, thus overcoming the limitations of traditional VLANs. They are extremely useful in data centers and cloud computing ecosystems, as they enable efficient use of network resources by supporting multiple users on the same physical infrastructure and allowing workloads to be easily shifted between different physical locations without changing their network configurations.
MARKET HIGHLIGHTS
Global Actuators and Valves Market are projected to reach USD 21.5 billion over the forecast period, as a result of rising environmental concerns and the need for eco-friendly transportation options. In addition, the increasing urban population and government support for electric transportation, and improvements in battery technology are the primary factors responsible for this trend. Moreover, low-speed electric vehicles are becoming highly popular across different industries like tourism and personal transportation due to their affordability and eco-friendly nature. Furthermore, companies are investing in research and development to improve the performance and safety features of these vehicles. Therefore, as consumers become more aware of climate change and air pollution, the market for low-speed electric vehicles is projected to rise, as it provides a practical option for short-distance transportation over traditional vehicles.
Global Virtual Extensible LAN Market Segments:
Growth Drivers
Increasing Adoption of Cloud Computing and Data Center Virtualization
Rise of Multi-Tenant Environments and Network Segmentation Requirements
Restraint
Performance and Scalability Challenges in the Virtual Extensible LAN Market Will Impact the Growth
Key Players
PRODUCT OVERVIEW
Virtual Extensible LAN Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 15.3% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 1.3 billion and is projected to reach USD 6.3 billion by the completion of 2034.
Virtual Extensible LAN, or VXLAN, refers to a process to create virtual networks on top of an existing physical network infrastructure. It works by encapsulating ethernet frames, which are the basic units of data in a traditional local area network, inside UDP packets, that can then be sent over an IP-based network. This allows users to extend a single Layer 2 network (like a LAN) across multiple physical locations, even if they are geographically distant. In addition, virtual extensible LAN uses a 24-bit VNI (VXLAN Network Identifier) to create up to 16 million separate virtual networks, thus overcoming the limitations of traditional VLANs. They are extremely useful in data centers and cloud computing ecosystems, as they enable efficient use of network resources by supporting multiple users on the same physical infrastructure and allowing workloads to be easily shifted between different physical locations without changing their network configurations.
MARKET HIGHLIGHTS
Global Actuators and Valves Market are projected to reach USD 21.5 billion over the forecast period, as a result of rising environmental concerns and the need for eco-friendly transportation options. In addition, the increasing urban population and government support for electric transportation, and improvements in battery technology are the primary factors responsible for this trend. Moreover, low-speed electric vehicles are becoming highly popular across different industries like tourism and personal transportation due to their affordability and eco-friendly nature. Furthermore, companies are investing in research and development to improve the performance and safety features of these vehicles. Therefore, as consumers become more aware of climate change and air pollution, the market for low-speed electric vehicles is projected to rise, as it provides a practical option for short-distance transportation over traditional vehicles.
Global Virtual Extensible LAN Market Segments:
- By Offering
- Software
- Hardware
- Services
- By Application
- Software-Defined Networking Overlays
- Network Function Virtualizations
- Others
- By End-User
- Manufacturing
- BFSI
- Healthcare
- Others
Growth Drivers
Increasing Adoption of Cloud Computing and Data Center Virtualization
Rise of Multi-Tenant Environments and Network Segmentation Requirements
Restraint
Performance and Scalability Challenges in the Virtual Extensible LAN Market Will Impact the Growth
Key Players
- VMware
- Cisco Systems
- Huawei Technologies
- Arista Networks
- Juniper Networks
- Big Switch Networks
- Dell Technologies
- Hewlett Packard Enterprise (HPE)
- Pluribus Networks
- Nuage Networks (Nokia)
- Pica8
- Cumulus Networks
- Extreme Networks
- Brocade Communications
- Citrix Systems
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
1.EXECUTIVE SUMMARY
1.1. Regional Market Share
1.2.Business Trends
1.3. Virtual Extensible LAN Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1.Market Definition
3.2.Virtual Extensible LAN Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.VIRTUAL EXTENSIBLE LAN MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2.COVID-19 overview of world economy
4.3.Industry Ecosystem Channel Analysis
4.4.Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.RISK ANALYSIS
9. MARKET ANALYSIS
9.1.Porter's Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.VIRTUAL EXTENSIBLE LAN MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. VIRTUAL EXTENSIBLE LAN MARKET SIZE & FORECAST 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1. By Product
11.3.1.1. Software
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Hardware
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.3.Services
11.3.1.3.1. By Value (USD Million) 2024-2034F
11.3.1.3.2.Market Share (%) 2024-2034F
11.3.1.3.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By Application
11.3.2.1.Software-Defined Networking Overlays
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Network Function Virtualizations
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Others
11.3.2.3.1.By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.By End-User
11.3.3.1.Manufacturing
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. BFSI
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.3. Healthcare
11.3.3.3.1.By Value (USD Million) 2024-2034F
11.3.3.3.2. Market Share (%) 2024-2034F
11.3.3.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.4. Others
11.3.3.4.1.By Value (USD Million) 2024-2034F
11.3.3.4.2. Market Share (%) 2024-2034F
11.3.3.4.3. Y-o-Y Growth (%) 2024-2034F
12.NORTH AMERICA VIRTUAL EXTENSIBLE LAN MARKET SIZE & FORECAST 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Offering
12.3.2. By Application
12.3.3. By End-User
12.4. Country
12.4.1. United States
12.4.2.Canada
13.EUROPE VIRTUAL EXTENSIBLE LAN MARKET SIZE & FORECAST 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Offering
13.3.2. By Application
13.3.3. By End-User
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.ASIA-PACIFIC VIRTUAL EXTENSIBLE LAN MARKET SIZE & FORECAST 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Offering
14.3.2. By Application
14.3.3. By End-User
14.4.Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.MIDDLE EAST AND AFRICA VIRTUAL EXTENSIBLE LAN MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Offering
15.3.2. By Application
15.3.3. By End-User
15.4.Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4.South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA VIRTUAL EXTENSIBLE LAN MARKET SIZE & FORECAST 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Offering
16.3.2. By Application
16.3.3. By End-User
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1. VMware
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Cisco Systems
18.3.Huawei Technologies
18.4.Arista Networks
18.5.Juniper Networks
18.6.Big Switch Networks
18.7.Dell Technologies
18.8.Hewlett Packard Enterprise (HPE)
18.9.Pluribus Networks
18.10.Nuage Networks (Nokia)
18.11. Pica8
18.12.Cumulus Networks
18.13.Extreme Networks
18.14.Brocade Communications
18.15.Citrix Systems
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
1.1. Regional Market Share
1.2.Business Trends
1.3. Virtual Extensible LAN Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1.Market Definition
3.2.Virtual Extensible LAN Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.VIRTUAL EXTENSIBLE LAN MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2.COVID-19 overview of world economy
4.3.Industry Ecosystem Channel Analysis
4.4.Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.RISK ANALYSIS
9. MARKET ANALYSIS
9.1.Porter's Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.VIRTUAL EXTENSIBLE LAN MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. VIRTUAL EXTENSIBLE LAN MARKET SIZE & FORECAST 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1. By Product
11.3.1.1. Software
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Hardware
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.3.Services
11.3.1.3.1. By Value (USD Million) 2024-2034F
11.3.1.3.2.Market Share (%) 2024-2034F
11.3.1.3.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By Application
11.3.2.1.Software-Defined Networking Overlays
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Network Function Virtualizations
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Others
11.3.2.3.1.By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.By End-User
11.3.3.1.Manufacturing
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. BFSI
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.3. Healthcare
11.3.3.3.1.By Value (USD Million) 2024-2034F
11.3.3.3.2. Market Share (%) 2024-2034F
11.3.3.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.4. Others
11.3.3.4.1.By Value (USD Million) 2024-2034F
11.3.3.4.2. Market Share (%) 2024-2034F
11.3.3.4.3. Y-o-Y Growth (%) 2024-2034F
12.NORTH AMERICA VIRTUAL EXTENSIBLE LAN MARKET SIZE & FORECAST 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Offering
12.3.2. By Application
12.3.3. By End-User
12.4. Country
12.4.1. United States
12.4.2.Canada
13.EUROPE VIRTUAL EXTENSIBLE LAN MARKET SIZE & FORECAST 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Offering
13.3.2. By Application
13.3.3. By End-User
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.ASIA-PACIFIC VIRTUAL EXTENSIBLE LAN MARKET SIZE & FORECAST 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Offering
14.3.2. By Application
14.3.3. By End-User
14.4.Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.MIDDLE EAST AND AFRICA VIRTUAL EXTENSIBLE LAN MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Offering
15.3.2. By Application
15.3.3. By End-User
15.4.Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4.South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA VIRTUAL EXTENSIBLE LAN MARKET SIZE & FORECAST 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Offering
16.3.2. By Application
16.3.3. By End-User
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1. VMware
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Cisco Systems
18.3.Huawei Technologies
18.4.Arista Networks
18.5.Juniper Networks
18.6.Big Switch Networks
18.7.Dell Technologies
18.8.Hewlett Packard Enterprise (HPE)
18.9.Pluribus Networks
18.10.Nuage Networks (Nokia)
18.11. Pica8
18.12.Cumulus Networks
18.13.Extreme Networks
18.14.Brocade Communications
18.15.Citrix Systems
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
