Global Enterprise Networking Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
"Global Enterprise Networking Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global enterprise networking market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global enterprise networking market report has been segmented on the basis of equipment, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the enterprise networking market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the global enterprise networking market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
An enterprise network is a large corporate network that enables computers and other network devices to connect and communicate across organization and workgroup networks, facilitating insight and data accessibility across the entire network. An enterprise network reduces communication protocols, facilitating system, and device interoperability, as well as improves internal and external enterprise data management.
In addition, the enterprise network allows to connect multiple sites of any organization with each other via local area network (LAN), metropolitan area network (MAN), and wide area network (WAN) depending on the specific requirement of an enterprise.
Increasing need for network systems to communicate, provide, and retrieve information among various organizations is a key factor expected to drive growth of the global enterprise networking market over the forecast period.
Growing demands for strong enterprise network connectivity with mobile workforces, internet of things, and cloud applications from enterprise organizations is expected to boost growth of the global market. In addition, various organizations are expected to ramp up networking infrastructure owing to increasing focus on higher bandwidth networks, network modernization with software, and to expand wireless networking capabilities. This in turn is expected to result in growth of the target market in the near future.
Increasing adoption of various advanced technologies such as, IoT among various organizations is expected to proliferate growth of the global enterprise networking market, owing to its various features such as high optimization offered by security operations (SecOps) and network operations (NetOps) for strong connectivity within organization.
Rising requirements for efficient network systems that provides high performance, reliability, and security is expected to be another factor to support growth of the target market. In addition, increasing hyper connectivity resulting into high demand for vigilance and efficient management of security breaches across organizations around the globe is another factor expected to support growth of the global enterprise networking market.
However, high complexity during change in network system requested by large scale enterprise having large number of connected devices is a major factor expected to restraint growth of the global market. In addition, requirement of complex code integrity during high resource sharing is another factor expected to hamper growth of target market to a certain extent.
The market in North America is expected to dominate the global market in terms of revenue, owing to high acceptance rate for novel technologies and well developed infrastructure in countries in the region. Asia Pacific is expected to witness fastest growth in terms of revenue owing to increasing business expansion of various local industries at global level.
The Latin America and Middle East and Africa are expected to witness significant growth over the coming years owing to increasing adoption of cloud technology. In addition, Europe is expected to create more lucrative opportunities for market players owing to rising trend towards the adoption of 802.11ac (Wi-Fi 5) wireless standard among various enterprise organization.
Global Market Segmentation:
Global market segmentation, by equipment:
- Ethernet Switch
- Enterprise Routers
- Wireless LAN (WLAN)
- Network Security Devices
Global market segmentation, by application:
- Banking, Financial Services and Insurance (BFSI)
- Media and Communication
- Aerospace and Defence
- Transportation and Logistics
- Government and Utilities
- Others (Food & Beverages, Oil & Gas, Real Estate)
Global market segmentation, by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Cisco Systems, Inc.
- Hewlett-Packard (HP), Inc.
- Alcatel-Lucent S.A.
- Brocade Communications Systems, Inc.
- Juniper Networks, Inc.
- Arista Networks, Inc.
- EnGenius Technologies, Inc.
- F5 Networks, Inc.
- Huawei Technologies Co., Ltd.
- Riverbed Technology, Inc.
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