European Enterprise Network Equipment Forecast, 2024-2028
This IDC Market Forecast discusses the European enterprise networking equipment market, which is forecast to decline in 2024, after the strong growth of 2022 and early 2023."After an initial post-pandemic boom, supply chains have normalized, and backlogs have largely been delivered. This has led to a significant drop in most segments during the latter half of 2023, and IDC predicts there will be a significant drop for most market segments in 2024 followed by a resumption of normal growth rates throughout the forecast period. The standout segment is European enterprise WLAN equipment, which bottomed in 2023 and is forecast to rebound as early as 2024," said Len Padilla, senior research director, European Networking and Life-Cycle Services.
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Market Context
- Drivers and Inhibitors
- Drivers
- Additional WLAN Spectrum Helps Congested Campus Networks
- AI-Enabled Cloud-Based Management Services
- Inhibitors
- Enterprises Will Continue to Implement Equipment Ordered During the Supply-Constrained Period
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- Technology Segmentations
- Routers
- Product Class
- Deployment
- Connectivity
- Ethernet Switch
- Speed
- Product
- Layer
- WLAN
- Product
- Product Detail
- Market Metrics
- Revenue
- Shipments
- Methodology
- Related Research
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