Enterprise Network Infrastructure Industry Overview
The global enterprise network infrastructure market size was valued at USD 56.3 billion in 2021 and is expected to expand at a compound annual growth (CAGR) of 5.3% from 2022 to 2028.
Enterprises are adopting digital technology to improve their business operations. With increasing digitalization, the importance of network infrastructure is increasing. Thus demand for network infrastructure is also growing. Additionally, enterprises are upgrading their network to support wireless networks growing need for bandwidth. Factors such as the growing adoption of the mobile devices, increasing need of the bandwidth, and technology shift to wireless are driving factors of the enterprise network infrastructure market. Additionally, enterprises are increasing investments for upgrading network to improve speed which would provide cost-efficient solution with reliability, increase performance, and save energy.
Gather more insights about the market drivers, restrains and growth of the Global Enterprise Network Infrastructure Market
Enterprise network provides connectivity to IT infrastructure such as users, devices, and applications. It also consists of physical and virtual network, systems, and protocols which serves the users. Various applications from data center and cloud facilitate the access to the network data and analytics. Enterprise network achieve increased efficiency via collaboration, access to the company resources, and higher productivity with lower costs.
During the lockdown situation driven by the COVID-19 pandemic, governments of various countries restricted the physical movement and citizens preferred to stay at home as a precautionary measure. With shortfall in revenue due to the disturbed supply chains, enterprises allowed employees to work-from-home due to the pandemic and government restrictions. So there was a sudden increase in demand for the enterprise infrastructure hardware. However, due to the pandemic situation, there were limitations on supply chains and economic disruptions. Thus, vendors were unable to satisfy the demand during a quarter resulting in a short-term negative impact on the market revenue in 2020.
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- IoT Market – The global Internet of Things (IoT) market size was valued at USD 605.69 billion in 2014. Technological proliferation and increasing investments are expected to drive the global market over the next seven years. Significant advances in telecommunication and growing penetration of internet and broadband services have further propelled the growth of the Internet of Things (IoT) industry.
- Enterprise Networking Market – The global enterprise networking market size was USD 40.06 billion in 2015. The increasing need for enterprises to become digital to remain competitive is expected to increase the impetus for agile networking and increase the value and importance of virtual and software-defined networking. Companies are focusing on upgrading their networks to increase wireless capacity.
Enterprise Network Infrastructure Market Segmentation
Grand View Research has segmented the global enterprise network infrastructure market based on Technology, Industry, Enterprise Size, and Region:
Enterprise Network Infrastructure Technology Outlook (Revenue, USD Million, 2017 – 2028)
- Routers & Switches
- Wireless LAN
- Enterprise Telephony
- Storage Area Network
- Infrastructure Firewalls
Enterprise Network Infrastructure Industry Outlook (Revenue, USD Million, 2017 – 2028)
- Retail and eCommerce
- Banking, Financial Services, & Insurance
- Government & Defense
- Information Technology & Telecommunications
Enterprise Network Infrastructure Enterprise Size Outlook (Revenue, USD Million, 2017 – 2028)
- Large Enterprises
Enterprise Network Infrastructure Regional Outlook (Revenue, USD Million, 2017 – 2028)
- North America
- Asia Pacific
- Central & South America
- Middle East & Africa
Key Companies profiled:
Some prominent players in the global enterprise network infrastructure market include
- Cisco Systems, Inc.
- Hewlett Packard Enterprise Company
- Huawei Technologies Co. Ltd.
- Juniper Networks Inc
- ZTE Corporation
- Alcatel-Lucent S.A.
- Brocade Communications Systems Inc.
- Avaya Inc.
- Aruba Networks Inc.
- Bluecoat Systems Inc
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