Global Enterprise Network Equipment Market Growth 2024-2030
According to our LPI (LP Information) latest study, the global Enterprise Network Equipment market size was valued at US$ 54640 million in 2023. With growing demand in downstream market, the Enterprise Network Equipment is forecast to a readjusted size of US$ 71050 million by 2030 with a CAGR of 3.8% during review period.
The research report highlights the growth potential of the global Enterprise Network Equipment market. Enterprise Network Equipment are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Enterprise Network Equipment. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Enterprise Network Equipment market.
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.
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.
Key Features:
The report on Enterprise Network Equipment market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Enterprise Network Equipment market. It may include historical data, market segmentation by Type (e.g., WLAN Equipment, Ethernet Switch), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Enterprise Network Equipment market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Enterprise Network Equipment market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Enterprise Network Equipment industry. This include advancements in Enterprise Network Equipment technology, Enterprise Network Equipment new entrants, Enterprise Network Equipment new investment, and other innovations that are shaping the future of Enterprise Network Equipment.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Enterprise Network Equipment market. It includes factors influencing customer ' purchasing decisions, preferences for Enterprise Network Equipment product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Enterprise Network Equipment market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Enterprise Network Equipment market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Enterprise Network Equipment market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Enterprise Network Equipment industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Enterprise Network Equipment market.
Market Segmentation:
Enterprise Network Equipment market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
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?
Please note: The report will take approximately 2 business days to prepare and deliver.