Enterprise Network Infrastructure Market Size, Share & Trends Analysis Report By Technology (Routers & Switches, Wireless LAN, Enterprise Telephony, Storage Area Network, Infrastructure Firewalls), By Industry, By Enterprise Size, By Region, and Segment Forecast, 2022 - 2028

Report 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.

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.

Technology Insights

The routers & switches segment dominated the market with a revenue share of more than 40.0% in 2021 and is expected to expand at a CAGR of 4.3% from 2022 to 2028. Routers transfer data packets along the network and are placed at the conjunction of 2 or more networks. Thus routers and switches are important part enterprise network whereas switches connect devices on the network and employs packet switching to exchange data. The continuous increase in the number of enterprise users and advanced broadband infrastructure ise expected to drive this segment. Thus, demand for router and switch segment is contributing to the market revenue.

The enterprise telephony segment is likely to grow with the highest CAGR of 6.3% during forecast period. Enterprise telephony refers to the transmission of voice, fax, and other information by using electronic medium. With geographic business expansions across the globe by SMEs as well as large enterprises. Enterprise telephony ensures the smooth flow of communication and socialized environment among colleagues in the enterprise from all industry. Adoption of the enterprise telephony solutions is increasing to support the communication requirement of enterprise. Thus this segment contributing to the growth rate of the segment.

Industry Insights

The healthcare industry segment is likely to expand with the highest growth rate of CAGR of 6.6% from 2022 to 2028. With increasing awareness about health, citizens are very careful about their well-being. Thus healthcare institutes and enterprises are closely monitoring and track the health history of patients for better offering better health treatments and services. Thus healthcare institutes and enterprises are adopting the digital platforms and are using the enterprise networks for communication and sharing the information. This will increase brand loyalty of theirs. Thus health institutes and enterprises are investing the enterprise network infrastructure devices.

The banking, financial services, & insurance industry is dominating the enterprise network infrastructure market revenue with contribution of more than 15% in 2021. This sector started the adoption of digital platform for the ease of the banking and related operations. To offer the better experience to the clients’ financial institutes started using online platforms. There need of the set a network for communication purpose. Thus this segment is likely to contribute more to the market revenue.

Enterprise Size Insights

Large enterprises segment dominated the market with a revenue share of more than 70.0% in 2021 and is expected to grow with a CAGR of 4.7% from 2022 to 2028. Large enterprises include the enterprises with revenues in billions and more than 1000 employees. These enterprises with huge amount of budgets can invent in the new technology and adopt the same. Additionally, enterprises run their business operations smoothly. Thus, the contribution of the large enterprise is more to the market revenue.

The SMEs segment is likely to expand at the higher CAGR of 6.7% from 2022 to 2028. SMEs stands for the Small and Medium sized enterprises. These enterprises are with revenue less than a billion and less than 1000 employees. These enterprises are with short of funds and limited resources. But governments are supporting SMEs offering tax exemptions and other services. Thus during the forecast period SMEs segments is expected to attain a higher growth rate.

Regional Insights

Asia Pacific is likely to expand at the highest CAGR of 7.0% from 2022 to 2028. Countries such as China and India are hub for the industry since last decade. Enterprises are investing huge amounts in this region to grab the opportunities. Simultaneously, these countries have huge customer base. Governments and enterprises are adopting the digital technologies. Thus during the forecast period, the region is expected to witness a significant growth rate for this market.

Europe held the 2^nd largest revenue shares of more than 25.0% in 2021 and is expected to continue with a growth of 5.2% during the forecast period. Europe is expected to continue its growth with increasing penetration of smart devices. Countries such as U.K., Germany, and France are contributing to the market revenue. Industries such as banking, financial services, & insurance, information technology & telecommunications, and manufacturing are contributing to enterprise network infrastructure market.

Key Companies & Market Share Insights

The market is characterized by the presence of various well-established multinational and several small and medium vendors. Equipment vendors are focusing research & development activities to launch the latest technology to improve the access speed and to enhance enterprise network infrastructure space. Moreover, these vendors are expanding their reach across the world to increase the market presence and revenues. This type of initiatives is expected to boost the adoption rate of Enterprise Network Infrastructure equipment. The Enterprise Network Infrastructure vendors are aggressively following organic as well as inorganic strategies to expand their footprints across the globe. 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

Enterprise Network Infrastructure Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2028. For the purpose of this study, Grand View Research has segmented the global enterprise network infrastructure market report based on Technology, Industry, Enterprise Size, and Region:

• Technology Outlook (Revenue, USD Million, 2017 - 2028)

  • Routers & Switches

  • Wireless LAN

  • Enterprise Telephony

  • Storage Area Network

  • Infrastructure Firewalls

• Industry Outlook (Revenue, USD Million, 2017 - 2028)

  • Healthcare

  • Retail and e-Commerce

  • Banking, Financial Services, & Insurance

  • Government & Defense

  • Information Technology & Telecommunications

  • Manufacturing

  • Others

• Enterprise Size Outlook (Revenue, USD Million, 2017 - 2028)

  • SMEs

  • Large Enterprises  

• Regional Outlook (Revenue, USD Million, 2017 - 2028)

  • North America

    • U.S.

  • Europe

    • Germany

    • France

    • U.K.

  • Asia Pacific

    • China

    • India

  • Central & South America

    • Brazil

  • Middle East & Africa

    • South Africa