Definition:
The Network Infrastructure market focuses on hardware resources essential for service provider and enterprise networks. This market specifically focuses on solutions designed for the complex networking requirements of businesses and organizations, setting aside options like consumer-grade networking hardware products such as basic WIFI routers and network switches. These network infrastructure components are crucial in environments where reliable and secure connectivity, as well as efficient network operations, are paramount, establishing them as a fundamental part of the IT infrastructure in various industries.
Structure:
The Network Infrastructure market is structured in two markets based on the services model provided by the companies.
Additional Information:
The Network Infrastructure market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.
Key players in the Network Infrastructure market include companies such as Huawei, HPE, Cisco, and Ericsson.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Jul 2024
Most recent update: Mar 2024
Source: Statista Market Insights
The Network Infrastructure market in the Data Center Market in ASEAN has seen moderate growth due to factors such as increasing demand for digital transformation, growing awareness of the importance of data centers, and the need for reliable and efficient network connectivity. However, the growth rate has been subdued due to challenges in infrastructure development, limited investment, and regulatory barriers.
Customer preferences: As digitalization continues to accelerate in the ASEAN region, there is a growing demand for reliable and high-speed network infrastructure within the data center market. This is driven by the increasing adoption of cloud-based services and the rise of data-intensive applications such as IoT, AI, and Big Data analytics. Additionally, with the growing popularity of remote work and virtual events, businesses and individuals are increasingly relying on robust network infrastructure to ensure seamless connectivity and communication.
Trends in the market: In the ASEAN region, the Network Infrastructure Market within the Data Center Market is experiencing a surge in demand for cloud-based solutions, as businesses look to reduce costs and improve scalability. There is also a growing trend of adopting software-defined networking (SDN) and network function virtualization (NFV) technologies, which offer greater flexibility and agility. These trends are significant as they enable businesses to stay competitive in the digital economy and drive the growth of the data center market. Industry stakeholders should prepare for the continued growth of these trends and invest in technologies that can support them.
Local special circumstances: In Singapore, the Network Infrastructure Market within the Data Center Market is heavily influenced by the government's push for digital transformation and the country's advanced technological infrastructure. This has led to the rise of data center hubs and the adoption of cloud services by local businesses. In contrast, in Indonesia, the market is driven by the country's large population and increasing demand for data storage and processing capabilities, resulting in the growth of colocation and managed services providers. Additionally, regulatory restrictions on foreign ownership in the data center industry have also shaped the market dynamics in Indonesia.
Underlying macroeconomic factors: The Network Infrastructure Market within the Data Center Market in ASEAN is heavily influenced by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with supportive government policies and robust investment in digital infrastructure are witnessing significant growth in the market. The increasing adoption of cloud computing, big data analytics, and the Internet of Things (IoT) is also contributing to the growth of the market. Additionally, the rising demand for data storage and management solutions due to the growing volume of data generated by businesses and individuals is driving the growth of the Network Infrastructure Market within the Data Center Market in the region.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
Data coverage:
The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.Modeling approach / Market size:
Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights