Virtual Networking Market Size, Share, and Trends 2024 to 2034

The global virtual networking market size is calculated at USD 56.42 billion in 2025 and is forecasted to reach around USD 255.18 billion by 2034, accelerating at a CAGR of 18.42% from 2025 to 2034. The North America virtual networking market size surpassed USD 14.58 billion in 2024 and is expanding at a CAGR of 18.61% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : August 2023
  • Report Code : 3216
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Virtual Networking Market 

5.1. COVID-19 Landscape: Virtual Networking Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Virtual Networking Market, By Component

8.1. Virtual Networking Market, by January,

8.1.1. Hardware

8.1.1.1. Market Revenue and Forecast

8.1.2. Software

8.1.2.1. Market Revenue and Forecast

8.1.3. Services

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Virtual Networking Market, By Deployment

9.1. Virtual Networking Market, by Deployment,

9.1.1. On-Premise

9.1.1.1. Market Revenue and Forecast

9.1.2. Cloud

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Virtual Networking Market, By Enterprise Size 

10.1. Virtual Networking Market, by Enterprise Size,

10.1.1. Large Enterprises

10.1.1.1. Market Revenue and Forecast

10.1.2. Small & Medium Enterprises

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Virtual Networking Market, By Application 

11.1. Virtual Networking Market, by Application,

11.1.1. BFSI

11.1.1.1. Market Revenue and Forecast

11.1.2. Public sector

11.1.2.1. Market Revenue and Forecast

11.1.3. Others

11.1.3.1. Market Revenue and Forecast

Chapter 12. Global Virtual Networking Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by January

12.1.2. Market Revenue and Forecast, by Deployment

12.1.3. Market Revenue and Forecast, by Enterprise Size

12.1.4. Market Revenue and Forecast, by Application

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by January

12.1.5.2. Market Revenue and Forecast, by Deployment

12.1.5.3. Market Revenue and Forecast, by Enterprise Size

12.1.5.4. Market Revenue and Forecast, by Application

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by January

12.1.6.2. Market Revenue and Forecast, by Deployment

12.1.6.3. Market Revenue and Forecast, by Enterprise Size

12.1.6.4. Market Revenue and Forecast, by Application

12.2. Europe

12.2.1. Market Revenue and Forecast, by January

12.2.2. Market Revenue and Forecast, by Deployment

12.2.3. Market Revenue and Forecast, by Enterprise Size

12.2.4. Market Revenue and Forecast, by Application

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by January

12.2.5.2. Market Revenue and Forecast, by Deployment

12.2.5.3. Market Revenue and Forecast, by Enterprise Size

12.2.5.4. Market Revenue and Forecast, by Application

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by January

12.2.6.2. Market Revenue and Forecast, by Deployment

12.2.6.3. Market Revenue and Forecast, by Enterprise Size

12.2.6.4. Market Revenue and Forecast, by Application

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by January

12.2.7.2. Market Revenue and Forecast, by Deployment

12.2.7.3. Market Revenue and Forecast, by Enterprise Size

12.2.7.4. Market Revenue and Forecast, by Application

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by January

12.2.8.2. Market Revenue and Forecast, by Deployment

12.2.8.3. Market Revenue and Forecast, by Enterprise Size

12.2.8.4. Market Revenue and Forecast, by Application

12.3. APAC

12.3.1. Market Revenue and Forecast, by January

12.3.2. Market Revenue and Forecast, by Deployment

12.3.3. Market Revenue and Forecast, by Enterprise Size

12.3.4. Market Revenue and Forecast, by Application

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by January

12.3.5.2. Market Revenue and Forecast, by Deployment

12.3.5.3. Market Revenue and Forecast, by Enterprise Size

12.3.5.4. Market Revenue and Forecast, by Application

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by January

12.3.6.2. Market Revenue and Forecast, by Deployment

12.3.6.3. Market Revenue and Forecast, by Enterprise Size

12.3.6.4. Market Revenue and Forecast, by Application

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by January

12.3.7.2. Market Revenue and Forecast, by Deployment

12.3.7.3. Market Revenue and Forecast, by Enterprise Size

12.3.7.4. Market Revenue and Forecast, by Application

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by January

12.3.8.2. Market Revenue and Forecast, by Deployment

12.3.8.3. Market Revenue and Forecast, by Enterprise Size

12.3.8.4. Market Revenue and Forecast, by Application

12.4. MEA

12.4.1. Market Revenue and Forecast, by January

12.4.2. Market Revenue and Forecast, by Deployment

12.4.3. Market Revenue and Forecast, by Enterprise Size

12.4.4. Market Revenue and Forecast, by Application

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by January

12.4.5.2. Market Revenue and Forecast, by Deployment

12.4.5.3. Market Revenue and Forecast, by Enterprise Size

12.4.5.4. Market Revenue and Forecast, by Application

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by January

12.4.6.2. Market Revenue and Forecast, by Deployment

12.4.6.3. Market Revenue and Forecast, by Enterprise Size

12.4.6.4. Market Revenue and Forecast, by Application

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by January

12.4.7.2. Market Revenue and Forecast, by Deployment

12.4.7.3. Market Revenue and Forecast, by Enterprise Size

12.4.7.4. Market Revenue and Forecast, by Application

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by January

12.4.8.2. Market Revenue and Forecast, by Deployment

12.4.8.3. Market Revenue and Forecast, by Enterprise Size

12.4.8.4. Market Revenue and Forecast, by Application

12.5. Latin America

12.5.1. Market Revenue and Forecast, by January

12.5.2. Market Revenue and Forecast, by Deployment

12.5.3. Market Revenue and Forecast, by Enterprise Size

12.5.4. Market Revenue and Forecast, by Application

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by January

12.5.5.2. Market Revenue and Forecast, by Deployment

12.5.5.3. Market Revenue and Forecast, by Enterprise Size

12.5.5.4. Market Revenue and Forecast, by Application

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by January

12.5.6.2. Market Revenue and Forecast, by Deployment

12.5.6.3. Market Revenue and Forecast, by Enterprise Size

12.5.6.4. Market Revenue and Forecast, by Application

Chapter 13. Company Profiles

13.1. Huawei Technologies Co., Ltd.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Hewlett Packard Enterprise Development LP

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. VMware, Inc.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Cisco Systems, Inc

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Microsoft Corporation

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. IBM Corporation

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Citrix Systems, Inc.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Juniper Networks, Inc.

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Oracle

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Verizon Communications Inc.

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

The global virtual networking market size is expected to increase USD 255.18 billion by 2032 from USD 47.04 billion in 2024.

The global virtual networking market will register growth rate of 18.42% from 2024 to 2034.

The major players operating in the virtual networking market are Huawei Technologies Co., Ltd., Hewlett Packard Enterprise Development LP, VMware, Inc., Cisco Systems, Inc, Microsoft Corporation, IBM Corporation, Citrix Systems, Inc., Juniper Networks, Inc., Oracle, Verizon Communications Inc., and Others.

The driving factors of the virtual networking market are the rising cloud computing adoption, high levels of advanced communication method adoption by people, and rising software-defined networking adoption in enterprises.

North America region will lead the global virtual networking market during the forecast period 2024 to 2034.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client