Global Enterprise Network Equipment Market Growth 2023-2029

Global Enterprise Network Equipment Market Growth 2023-2029

Storage, network function, and server virtualization, along with the rising need for cloud-based provisioning of enterprise IT solutions are drastically shifting enterprise IT, networking, and communications toward technologically advanced equipment solutions. Networking equipment is used to combine, split, switch, or direct packets of information along a computer or telecommunications network. Networking equipment connects devices in order to share data between them. They transport, route, switch, or process network traffic. The topology of networking devices defines the network's design or structure. Common topologies for computer networks include star, bus, ring, tree, and mesh or hybrid. Flexibility of networking devices allows enterprises to cater to a few users in small offices to several hundred users in larger offices.

LPI (LP Information)' newest research report, the “Enterprise Network Equipment Industry Forecast” looks at past sales and reviews total world Enterprise Network Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Enterprise Network Equipment sales for 2023 through 2029. With Enterprise Network Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Enterprise Network Equipment industry.

This Insight Report provides a comprehensive analysis of the global Enterprise Network Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Enterprise Network Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Enterprise Network Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Enterprise Network Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Enterprise Network Equipment.

The global Enterprise Network Equipment market size is projected to grow from US$ 54640 million in 2022 to US$ 71050 million in 2029; it is expected to grow at a CAGR of 71050 from 2023 to 2029.

Propagation of Wi-Fi is contributing significantly to the growth of enterprise WLAN equipment. Moreover, the launch of bring your own device (BYOD) to expand the mobile workforce is expected to enhance the industry growth. The BYOD tendency representing the concept of any device used anywhere is stimulating the requirement for invasive wireless networks and mission-critical mobility applications. Furthermore, small and medium-size enterprises are investing in network equipment to make technological changes and to support their expansion goals. Rapid adoption of cloud computing technologies in enterprises is responsible for the growth of the enterprise networking equipment market. Government initiatives in developing countries are aiming at creating smart cities and enhancing technological contribution which is expected to increase the demand for enterprise networking equipment. Thus, all such factors are expected to drive the market during the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Enterprise Network Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
WLAN Equipment
Ethernet Switch
Enterprise Routers
Network Security Equipment

Segmentation by application
Small Enterprise
Medium-sized Enterprise
Large Enterprise

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Symantec Corporation
Brocade Communications Systems, Inc.
EnGenius Technologies
A10 Enterprise Networks, Inc.
Cisco Systems, Inc.
Alcatel-Lucent Enterprise
Dell Technologies Inc.
Huawei Technologies Co. Ltd.
Extreme Enterprise Networks, Inc.
Citrix Systems, Inc.
F5 Enterprise Networks, Inc.
D-Link Corporation
ADTRAN, Inc.
Hewlett Packard Enterprise
Development
Juniper Enterprise Networks, Inc.
Riverbed Technology, Inc.
Aruba Enterprise Networks, Inc.
Ubiquiti Enterprise Networks, Inc.
ZTE Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Enterprise Network Equipment market?

What factors are driving Enterprise Network Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Enterprise Network Equipment market opportunities vary by end market size?

How does Enterprise Network Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.