Global Network Infrastructure Market covered major segments by Type (Networking Hardware,Networking Software,Network Services) by Service (Network Optimization, Wireless Infrastructure, Unified Communications & Collaboration (UCC), Contact Centre Transformation, Managed Network services, Service Management Operations) by Vertical (BFSI,Retail,Healthcare,Research,Manufacturing,Government, IT & Telecom,Utilities, Others)
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Network Infrastructure Market size was valued at US$ 97.34 Bn. in 2022 and the total revenue is expected to grow at 4% through 2023 to 2029, Global Network Infrastructure Market is reaching nearly US$ 128.09 Bn. by 2029.
Network Infrastructure Market Segmentation:
The market is divided into three types based on type: networking gear, networking software, and network service. Among the components, the services category is anticipated to increase at the highest CAGR during the forecast period. Worldwide demand for consulting, integration, and implementation services, as well as training, support, and maintenance services, has increased as a result of the wide use of NMS systems by enterprises and service providers.
Throughout the forecast period, service providers are expected to see the quickest growth in the Network Management System Market by End-User. The management, analysis, and improvement of the entire network infrastructure using NMS technologies is becoming more widespread among telecom and cloud service providers. Planning for network capacity, network management, and DDoS and virus prevention are all things that advanced NMS solutions may assist with.
Regional Analysis:
With a CAGR of 36.3% in 2022, the Asia Pacific region will rule the market for network infrastructure. This is a result of the development of 5G networks in a number of industries, including radio and telecommunications. Additionally, some regional governments are taking steps to provide the 6 GHz frequency spectrum. It promotes faster market expansion for network infrastructure.
The increased demand for mobile users, which has increased mobile traffic, has put network infrastructure in a transitional stage. As a result of the unbalanced economy and the uncertain state of network infrastructure, the market is also undergoing change, presenting new opportunities and difficulties for infrastructure sellers.
Network Infrastructure Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)
Key Players
1. Cisco
2. HPE/Aruba
3. Juniper
4. Huawei
5. Arista
6. VMware
7. Rivebed
8. Netscout
9. Extreme Networks
10. Dell/ EMC
11. A10 Networks
12. Arista Networks
13. Big Switch Networks
14. Extreme Networks SDN
15. HighPoint
16. NetCraftsmen
17. Netsyncnetwork
18. PCPlus Networks
19. Presidio
20. Virtual Armour
