Network Infrastructure - Burkina Faso

Burkina Faso

Revenue in the Network Infrastructure market is projected to reach US$19.11m in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$13.99m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.23%, resulting in a market volume of US$21.34m by 2029.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$2.12 in 2024.
In global comparison, most revenue will be generated in China (US$63,560m in 2024).

Key regions: India, China, Brazil, Indonesia, Japan

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.

Service Provider Network Infrastructure covers the hardware resources of telecommunication service companies that enable wired and wireless network connectivity and communication to transfer voice and data.
Enterprise Network Infrastructure covers the hardware resources that enable wired and wireless network connectivity, communication, operations, and management of enterprises.

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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Analyst Opinion

The Network Infrastructure Market in Burkina Faso is experiencing subdued growth, influenced by factors such as limited investment in digital technologies, low levels of health awareness among consumers, and the challenges faced in providing reliable and fast internet connectivity. Despite the potential for growth in both the Service Provider and Enterprise sub-markets, the lack of necessary infrastructure and resources is impacting the overall market's growth rate.

Customer preferences: The demand for reliable and secure network infrastructure in Burkina Faso's data center market is on the rise, driven by the country's growing tech-savvy population and increasing adoption of cloud-based solutions. With the government's focus on digital transformation and the emergence of start-ups, there is a growing need for robust network connectivity to support data-intensive applications. This is also fueled by the increasing use of mobile devices and the need for uninterrupted connectivity.

Trends in the market: In Burkina Faso, the Network Infrastructure Market within the Data Center Market is experiencing a surge in cloud computing adoption, driven by the growing demand for data storage and processing capabilities. This trend is expected to continue as the country's digital transformation efforts gain momentum. Additionally, there is a rising focus on green data centers, with companies investing in renewable energy sources to power their facilities. These trends have significant implications for industry stakeholders, as they create opportunities for growth and innovation, while also emphasizing the need for sustainable and efficient data center infrastructure.

Local special circumstances: In Burkina Faso, the Network Infrastructure Market within the Data Center Market is heavily influenced by the country's limited access to reliable electricity and internet connectivity. This has led to the rise of innovative solutions, such as solar-powered data centers, to address these challenges. Additionally, the government's efforts to improve the country's digital infrastructure have resulted in the development of new regulations and policies that impact the market. These unique local factors play a significant role in shaping the dynamics of the Network Infrastructure Market in Burkina Faso.

Underlying macroeconomic factors: The Network Infrastructure Market within the Data Center Market in Burkina Faso is impacted by macroeconomic factors such as government investments in ICT infrastructure, economic stability, and technological advancements. With a rapidly growing economy and increasing investments in ICT infrastructure, Burkina Faso provides a favorable environment for the growth of the data center market. Additionally, the country's focus on digital transformation and its strategic location in West Africa make it an attractive destination for data center investments. However, challenges such as limited internet penetration and high operational costs may hinder market growth in the country.

Methodology

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.