Universal CPE (uCPE) Market and Business Report 2024 –

Dublin, September 30, 2024 (GLOBE NEWSWIRE) — The report “Universal CPE (uCPE) – Global Strategic Business Report” has been supplemented ResearchAndMarkets.com Offer.

The global universal CPE (uCPE) market was valued at $1.7 billion in 2023 and is expected to reach $5.3 billion by 2030, growing at a CAGR of 17.1% from 2023 to 2030 . This comprehensive report provides in-depth analysis of market trends, drivers and forecasts to help you make informed business decisions.

The growth of the universal CPE market is driven by several factors. The increasing demand for network flexibility and scalability is a key driver as companies look to replace traditional hardware-centric models with more agile and cost-effective solutions. Technological advances in SDN, NFV and edge computing are also driving market growth as these innovations improve the capabilities and desirability of uCPE devices. The increasing adoption of cloud-based services and the need for efficient connectivity for branch offices further drive demand for uCPE as enterprises require versatile solutions that can support a wide range of network functions.

Additionally, the growing importance of cybersecurity and the need for secure, manageable network environments are contributing to market growth as uCPE devices offer advanced security features and centralized management capabilities. The increasing shift towards digital transformation and the use of 5G networks are also supporting the growth of the uCPE market. These factors, combined with continuous innovation in network virtualization technologies, are driving the sustained growth of the general purpose CPE market.

Key Takeaways:

• Market Growth: Understand the significant growth trajectory of the on-premise deployment segment, which is expected to reach $2.7 billion by 2030 at a compound annual growth rate of 16.3%. The cloud deployment segment is also expected to grow at a CAGR of 18% during the analysis period.
• Regional Analysis: Get insights into the US market, valued at $474.6 million in 2023, and China, which is expected to grow at an impressive 24.0% annually to $1.3 billion by 2030. Dollar is forecast. Discover growth trends in other key regions including Japan and Canada, Germany and Asia Pacific.

Why you should buy this report:

• Detailed Market Analysis: Access a comprehensive analysis of the global Universal CPE (uCPE) market, covering all key geographical regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of key players in different regions.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the global Universal CPE (uCPE) market.
• Actionable insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key questions answered:

• How is the global Universal CPE (uCPE) market expected to develop by 2030?
• What are the key drivers and restraints affecting the market?
• Which market segments will grow the most during the forecast period?
• How will the market shares of different regions and segments change by 2030?
• Who are the leading players in the market and what are their prospects?

Reporting features:

• Comprehensive market data: Independent analysis of annual sales and market forecasts in millions of US dollars from 2023 to 2030.
• Detailed Regional Analysis: Detailed insights into key markets including the US, China, Japan, Canada, Europe, Asia Pacific, Latin America, the Middle East and Africa.
• Company Profiles: Coverage of key players such as Adtran, Inc, Advantech Co. Ltd., AT&T Business and more.
• Free Updates: Receive one year of free report updates to keep you up to date on the latest market developments.

Selected competitors (38 total featured):

• Adtran, Inc
• Advantech Co. Ltd.
• AT&T business
• Audio Codes Ltd.
• Axiomtek Co. Ltd.
• Cisco Systems Inc.
• Ekinops SA
• GTT Communications Inc.
• Huawei Technologies Co. Ltd.
• Intel Corp.
• Iricent Ltd.
• Juniper Networks Inc.
• Lanner Electronics Inc.
• RAD Data Communications Ltd.
• Versa Networks Inc.

Key attributes

Key topics covered

I. METHODOLOGY

II. SUMMARY

1. MARKET OVERVIEW

• Insights into the influencer market
• World market trends
• Global economic update
• Universal CPE (uCPE) – Percentage market share of key global competitors in 2024 (E)
• Competitive market presence – strong/active/niche/trivial for players worldwide in 2024 (E)

2. Focus on select players

3. Market trends and drivers

• Increasing demand for Network Function Virtualization (NFV) is driving market growth
• Increasing deployment in Software-Defined Wide Area Networks (SD-WAN) is expanding addressable market opportunities
• Technological advances in multifunctional and programmable hardware strengthen market positions
• Increasing demand for flexible and scalable corporate networks creates new opportunities
• The development of cloud-native and edge computing uCPE solutions is supporting market growth
• The expansion of applications in the telecommunications, banking and retail sectors highlights the market potential
• Growth in 5G and IoT deployments is fueling demand for uCPE devices
• Increasing demand for unified and integrated network services is expanding the market horizon
• Growing awareness of the benefits of uCPE in improving network agility and efficiency is driving market adoption
• Innovations in AI-powered network management and orchestration are creating new market opportunities

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report, see

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• Universal CPE market (uCPE).