Building the Backbone of Connectivity: Exploring the Enterprise Network Infrastructure Market 2023
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This report describes the global market size of enterprise network infrastructure market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and it is expected to grow with a CAGR of 5% from 2023 to 2030.
All users and systems on a local area network (LAN) are connected to applications in the data centre and cloud through an enterprise network, which is made up of physical and virtual networks and protocols that also make it possible to access network data and analytics. Digital technology is helping businesses run better. Digitalization is increasing network infrastructure's relevance. Thus, network infrastructure demand increases. Enterprises are modernising their networks to support wireless networks and capacity growth. Market drivers include mobile device adoption, bandwidth demand, and wireless technology. Enterprises are also investing in network upgrades to boost speed, reliability, performance, and energy efficiency. HPE GreenLake, a cloud service, released in March 2022. HPE GreenLake solutions would merge on-premises storage, networking, and computing cloud services for the new offering.
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Due to the COVID-19 pandemic and Russia-Ukraine war influence, the global market for enterprise network infrastructure market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 5% during the forecast period 2023-2030. North American market for enterprise network infrastructure market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of XX% during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report covers following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each region are also included such as United States, China, Japan, India, Korea, Germany, France, UK, Italy, Spain, and Brazil etc.
For competitor segment, the report includes global key players of enterprise network infrastructure Market as well as some small players. The information for each competitor includes:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Technology
Routers & Switches
Wireless LAN
Enterprise Telephony
Storage Area Network
Infrastructure Firewalls
In 2022, routers and switches generated over 40.4% of global revenue. Routers transport data packets between networks. Thus, enterprise networks require routers and switches, which connect devices and exchange data via packet switching. This market is driven by rising enterprise users and enhanced broadband infrastructure. Thus, router and switch demand boosts market income. Edgecore Networks Corporation, which provides wireless and wired networking solutions, introduced an aggregation router solution for the next generation of service provider infrastructures in July 2021. The AS7926-40XKFB 100G aggregation router helps users prepare for 5G deployment and traffic growth from the network edge to the centre.
Enterprise telephony is projected to increase profitably. Enterprise telephony is the electronic transfer of voice, fax, and other information by SMEs and large organisations with global business growth. Enterprise telephony facilitates communication and teamwork across industries. Enterprise telephone solutions are growing to facilitate business communication. This section boosts segment growth.
By Industry
Healthcare
Retail & eCommerce
Banking, Financial Services, & Insurance
Government & Defence
Information Technology & Telecommunications
Manufacturing
Others
In 2022, information technology and telecoms dominated the market with over 19.3% of worldwide sales. IT and telecom infrastructure are expected to grow rapidly due to data traffic growth. Due to increased smartphone prevalence in rural areas and digital literacy, especially in developing countries like China and India, IT and telecom businesses have had to establish resilient infrastructure. Mobile workers want to use the latest PC tablets, cell phones, and laptop PCs to access all networked and internet-based services anywhere.
Healthcare is projected to have the greatest CAGR. As health knowledge rises, citizens worry more about their health. Healthcare providers track patients' health histories to improve care. Thus, healthcare organisations and enterprises are using enterprise networks and digital platforms to share and collaborate. This boosts brand loyalty. Businesses and hospitals are investing in enterprise network infrastructure. Cybercriminals increasingly target healthcare organizations due to the sensitive nature of the data they handle.
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By Enterprise Size
SMEs
Large Enterprises
In 2022, major firms generated 71.4% of worldwide revenue. Large firms have billion-dollar revenues and over 1000 staff. Cybersecurity is a priority for large companies. IDS, network segmentation, and multi-factor authentication are needed. 5G networking, which offers faster speeds and lower latency, is being considered by major organisations. In November 2022, Equinix, Inc. expanded its international business exchange sites. The corporation has invested over $1 billion in UK digital infrastructure.
SMEs are expected to increase rapidly. These companies have less than $1 billion in revenue and 1000 workers. This market is growing because more small and medium-sized firms are expanding and employing innovative and novel solutions. These companies require more money and resources. SMEs receive tax breaks and other government assistance.
By Region
North America
APAC
Europe
South America
Middle East & Africa
Due to early and quick adoption of new technologies by regional multinational firms, North America dominated the market in 2022, accounting for over 35% of worldwide revenue. Work-from-home is increasing router and switch growth, which will boost enterprise network infrastructure in North America. Wireless access points also highlight business infrastructure transformation. In February 2022, the DOE awarded USD 6 million to five research and development initiatives to promote 5G wireless networking for science applications. Enterprise network infrastructure has advanced in many ways. Routers, switches, firewalls, and other network devices are integrated throughout development. Cloud computing also boosts market growth.
Due to expanding economies like China, Japan, and India, enterprise network infrastructure is expected to grow in Asia Pacific. High-bandwidth applications are driving enterprises to embrace advanced enterprise networking solutions to alleviate bandwidth shortages. BYOD (Bring Your Own Device) is predicted to increase the use of laptops, cell phones, and tablets in the region post-pandemic. Asia-Pacific megacities have grown from rural-urban migration. It also necessitates digitalizing and expanding government and public sector solutions to urban issues and citizen well-being.
By Company
Aruba Networks, Inc.
Avaya Inc.
Cisco .
Hewlett Packard Enterprise Development LP
Other Key Players
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