Global Network Infrastructure Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Network Infrastructure Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Network infrastructure is the hardware and software resources of an entire network that enable network connectivity, communication, operations and management of an enterprise network. It provides the communication path and services between users, processes, applications, services and external networks/the internet.

Market Overview:

The latest research study on the global Network Infrastructure market finds that the global Network Infrastructure market reached a value of USD 216602.66 million in 2022. It’s expected that the market will achieve USD 328146.2 million by 2028, exhibiting a CAGR of 7.17% during the forecast period.

Network infrastructure refers to the network resources that make network or Internet connection, management, business operation, and communication possible. Network infrastructure usually includes hardware and software and can perform calculations and communications among users, services, applications, and processes. In organizations, unmanaged or mismanaged networks create traffic issues. Network infrastructure management is used to avoid and manage these problems with the proper flow of operations. Network infrastructure management manages and optimizes network infrastructure to avoid traffic congestions. It manages the software and hardware resources of the entire organization that enables network connectivity, communications, and management of the enterprise network. Furthermore, it provides the path of communication and services between applications, users, processes, services, and external networks.

Network infrastructure is a new type of structure used in most organizations that are viewed as more dispersed, less hierarchical, and more flexible than other structures. Internal and external coordination, as well as monitoring, is done using network infrastructure. The network infrastructure market is driven by an increase in IP traffic, which drives the need for network technology containing routers and other high-performing network infrastructure. Additionally, growth in demand from industries like BFSI, retail, healthcare, research, and manufacturing, is driving the demand for network infrastructure, as access to data is very complicated in these industries.

The growing demand for safe and reliable networks

The growing demand for safe and reliable networks is a driving factor in the network infrastructure management market. It is expected that in the near future, concerns related to cybercrime and cybersecurity vulnerabilities will also support the growth of the network infrastructure management market. The deployment of these solutions and services will make the network infrastructure management market more opportunistic. Network infrastructure management supports the organization and management of servers and data storage, data integrity management, endpoint management, and server operating system management. In addition, the company is adopting advanced network security and IP address management solutions to monitor the network and solve problems. Some industries have high requirements for safety and efficiency, which will promote the development of network infrastructure.

Fierce competition

As major suppliers in the network infrastructure industry compete on a global scale, the intensity of competition in the industry has increased. Suppliers use strategies such as price premiums to maintain market competitiveness. At the same time, local suppliers in developing countries are offering fierce competition to global players based on product pricing. Excessive fierce competition is not conducive to the sustainable development of the industry, and may lead to the proliferation of substandard or duplicate services, which will hinder market competition. Because mature network infrastructure manufacturers are forced to reduce prices, and ultimately affect their profit margins and sales volume. Thereby affecting the market activity.

Region Overview:

Asia-Pacific dominated the Network Infrastructure market in 2021, with a market share of 47.09%.

Company Overview

Huawei, Cisco, Ericsson, Nokia and CommScope are the five key players in the global Network Infrastructure market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Network Infrastructure market in the past 5 years.

Segmentation Overview:

Among different product types, Networking Hardware segment is anticipated to contribute the largest market share in 2027.

Application Overview:

The market's largest segment by application is the segment IT & Telecom, with a market share of 71.51% in 2021.

Key Companies in the global Network Infrastructure market covered in Chapter 3:

Ericsson
Extreme Networks
Huawei
Rivebed
Cisco
ZTE
NEC
CommScope
Nokia
Arista Networks
Dell/ EMC
HPE/Aruba

In Chapter 4 and Chapter 14.2, on the basis of types, the Network Infrastructure market from 2018 to 2029 is primarily split into:

Networking Hardware
Networking Software
Network Services

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Network Infrastructure market from 2018 to 2029 covers:

BFSI
Manufacturing
Government
IT & Telecom
Utilities
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)