Markntel Advisors’ report, Enterprise Networking Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Enterprise Networking presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Enterprise Networking Market Research Report & Market Summary:
The Global Enterprise Networking Market size is valued at around USD 124.29 billion in 2024 and is projected to grow at a CAGR of around 9.18% during 2024-30. The growth of the market is projected to be driven by the mounting adoption of cloud services, wireless devices, the IoT (Internet of Things), and other digital solutions, coupled with the surging demand for robust network connectivity owing to the increasing adoption of remote working models among several enterprises worldwide.
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Enterprise Networking Market Dynamics:
Key Driver-
Increasing Digital Transformation Driving Market Growth – Currently, digital transformation is all about radical changes in how businesses run and interact with technology. Hence the primary driver for the growth of the Global Enterprise Networking Market is the ongoing demand for digital transformation in the companies. For high performance and seamless integration, businesses need reliable and scalable network systems, which can be possible with digital technologies such as cloud computing and artificial intelligence. To use, these technologies, businesses are required to update the IT infrastructure and enterprise networking which further increases the demand for enterprise networking in the market.
Additionally, digital technologies also support remote work streamline processes, and adjust according to the changes quickly which enhances the agility and efficiency of the business. Hence businesses making investments in networking technologies to integrate with digital technologies will further propel the demand in the enterprise networking industry.
Enterprise Networking Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Type
- WAN & WLAN based
- LAN Based
- Cloud Based
By Component
- By Product
- Ethernet Switches
- Router
- Wireless Access Point
- WLAN
- By Services
- Cloud Networking
- Network Virtualization
- Container Networking
- Security
- Cloud
- Network
The product segment is currently leading the Global Enterprise Networking Market. It includes Ethernet Switches, Routers, Wireless Access Points, and WLAN. Among all, WLAN is anticipated to demonstrate the fastest revenue growth during the forecast period, showing lucrative opportunities for the leading market players.
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Deployment
- On Premise
- Cloud
By End User
- Retail
- BFSI
- IT & Telecom
- Media & Entertainment
- Education
- Government
- Energy & Utilities
- Automotive
- Others (Healthcare, Aerospace, etc.)
Among all end-user verticals, the BFSI sector is projected to acquire the majority share of the Global Enterprise Networking Market during 2024-30.
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific.
Based on all regions globally, North America is projected to attain a notable market share of the Enterprise Networking Industry during 2024-30, backed by the easy availability of advanced ICT infrastructure across different countries in the region, with substantial enterprise budgets. Since countries like the US have companies dedicated to strengthening their product capabilities with various emerging technologies like cloud networking, DevOps, network analytics, and virtualization, among others, the demand and utilization of enterprise networking are accelerating and positively influencing the market trajectory.
As indicated in the latest market research report published by Markntel Advisors, “Enterprise Networking Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Enterprise Networking industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/enterprise-networking-market.html
Top Companies Operating in the Enterprise Networking Market:
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd.
- Dell
- Hewlett Packard Enterprise Development LP (Aruba Networks)
- Arista Networks
- Juniper Networks, Inc.
- VMware, Inc.
- Extreme Networks
- NVIDIA Corporation
- Nutanix
- Riverbed Technology
- Netscout.
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Enterprise Networking Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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