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The Global Network Functions Virtualization Market size is expected to reach $94.1 billion by 2028, rising at a market growth of 24.8% CAGR during the forecast period: Network functions virtualization, or NFV, can be defined as a network architecture concept that leverages IT virtualization technologies in order to virtualize entire sections of network node functions into building blocks that can be connected to each other or chained together to produce and deliver communication services.

NASDAQ OMX's News Release Distribution Channel. 18 Aug 2022.  

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