Quick Overview of the Global Enterprise Networking Market Analysis
The objective of the Global Enterprise Networking Market Research Report is to provide a detailed and useful data, and a geographical perspective for predictions of future. The recommendations included in the report are supposed to be insightful and actionable, offering a thorough understanding of the industry. Moreover, it includes a comprehensive table of contents, relevant data, and an analysis of numerous important aspects that have impacted the market.
According to the latest report analysis by MarkNtel Advisors, 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. This detailed study provides a detailed overview of the current market state, including market trends, opportunities, along with the recent developments made globally. In-depth analysis of market share, size, forescast, and competitive landscape is also covered in this report that presents a clear picture of the industry with relevant statistical data.
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Latest Driver Contributing in the Expansion or Reduction in the Enterprise Networking Industry
Global Enterprise Networking Market 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.
A Detailed Outlook of Enterprise Networking Market Segmentation
The Market Segmentation analysis provides and accurate data of the industry to help the analysts make smart strategic investment decisions. Also, the prediction of the market is included for national, regional, and global level in the research. The study analyses latest trends of the industry from 2024-30 for each of the category. Different segments like Segment A, Segment B, Segment C were used to classify the market for this study.
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-By Type
- WAN & WLAN based
- LAN Based
- Cloud Based
-By Component
- By Product
- By Services
-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.)
Geographical analysis:
-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.
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Global Enterprise Networking Industry Recent Development:
- August 2023: Dell introduced its new PowerEdge R760 servers with integrated networking capabilities aimed at optimizing data center operations and supporting high-demand applications.
- July 2023: Arista Networks announced the release of its new 7800R3 series of routers. These routers offer increased bandwidth and advanced telemetry features designed for high-performance enterprise and service provider networks.
Lead the Enterprise Networking Market with a Deep Evaluation of the Competition
This report also includes accurate facts, figures, and market data into income assessments, and projections in the industry by using a wide range of statistical tools and knowledge about the market by the experts. Each notable market participant has a SWOT evaluation, a profile and a complementary Porter’s Five Forces analysis.
Moreover, to take the benefits of new opportunities, dominating players have been constantly realigning their systems, and methods of operation. We also evaluate major businesses that are influences on a geographical scale along with the small and medium-sized businesses that plays crucial role and have substantial opportunity for expansion in order to accurately reflect the levels of market competition.
The details on the following key players is presented in this section as:
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd.
- Dell Inc.
- Hewlett Packard Enterprise Development LP (Aruba Networks)
- Arista Networks
- Juniper Networks, Inc.
- VMware, Inc.
- Extreme Networks
- NVIDIA Corporation
- Nutanix
- Riverbed Technology
- Netscout
Some Key Questions Covered in Our Detailed Report
- What are the trends or opportunities of the Enterprise Networking Market? Will the market increase or decrease in the forecast period?
- Who are the top players in the Enterprise Networking industry? And which player dominates the market?
- What is the expected demand for different product categories?
- In the upcoming period, which region will dominate the market with prominent share?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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