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Enterprise Network Infrastructure - Albania

Albania
  • Revenue in the Enterprise Network Infrastructure market is projected to reach US$3.64m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.37%, resulting in a market volume of US$4.30m by 2029.
  • The average Spend per Employee in the Enterprise Network Infrastructure market is projected to reach US$2.63 in 2024.
  • In global comparison, most revenue will be generated China (US$18bn in 2024).

Definition:

The Enterprise Network Infrastructure market focuses on hardware resources necessary for wired and wireless network connectivity within enterprises. This market specifically focuses on technologies essential for the operations and management of enterprises, enabling the connection of computers and other business devices across organizational structures. Key components include advanced routers, switches, servers, and wireless systems that enable seamless connectivity of computers and other business devices. This infrastructure is vital for integrating internal networks with broader telecommunication networks and the internet, ensuring efficient and secure data exchange. It is designed to meet the specific needs of enterprise-level operations, distinguishing it from general consumer networking solutions.

Additional Information:

The Enterprise 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 Enterprise Network Infrastructure market include companies such as Huawei, Cisco, HPE, Nokia, Juniper, and Netgear.

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In-Scope

  • Advanced Routing and Switching Solutions, such as Cisco Industrial Services Router, and Cisco Catalyst Switch
  • Enterprise Wireless Solutions, such as Wi-Fi 6 Access Points, and Aruba Networks
  • Network Monitoring and Management Tools, such as SolarWinds, and Nagios
  • Network Security Solutions, such as next-generation firewalls, and NAC systems

Out-Of-Scope

  • Private Network Infrastructure, such as TP-Link Basic Router, TP-Link Easy Smart Switches and Google Nest WI-FI
  • Network Infrastructure Software, such as Microsoft Core Infrastructure SVR STE, Microsoft Network Monitor, and McAfee Internet Security
  • Network Infrastructure Services, such as IT Support Services, and Home Internet Services Providers (ISPs)
Network Infrastructure: market data & analysis - Cover

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Network Infrastructure: market data & analysis

Study Details

    Revenue

    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

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Enterprise Network Infrastructure Market in Albania is experiencing minimal growth due to factors such as slow adoption of digital technologies and limited health awareness among consumers. Online health services are not widely available, impacting the market's growth rate.

    Customer preferences:
    With the rise of remote work and the increasing reliance on technology, businesses in Albania are prioritizing the adoption of advanced networking solutions to support their operations. This has led to a growing demand for scalable and secure enterprise network infrastructure, as companies look to enhance their connectivity and data transfer capabilities. Furthermore, the trend towards cloud-based services and the need for real-time collaboration have also influenced the preference for robust and flexible network infrastructure within the data center market.

    Trends in the market:
    In Albania, the Enterprise Network Infrastructure Market is experiencing a shift towards cloud-based solutions, with businesses increasingly adopting Software-as-a-Service (SaaS) and Infrastructure-as-a-Service (IaaS) models. This trend is driven by the need for cost-effective and scalable solutions, as well as the growing demand for remote work capabilities. Additionally, there is a focus on network security, with a rise in the adoption of advanced security measures such as virtual private networks (VPNs) and network access control (NAC). These trends are expected to continue in the coming years, with implications for industry stakeholders such as network equipment providers, cloud service providers, and managed service providers.

    Local special circumstances:
    In Albania, the Enterprise Network Infrastructure Market of the Network Infrastructure Market within the Data Center Market is heavily influenced by the country's small size and limited technological infrastructure. This has led to a slower adoption of advanced network technologies, such as cloud computing and virtualization. Additionally, the country's recent accession to the European Union has brought about changes in regulatory policies and standards, impacting the market's growth and development. Furthermore, the cultural preference for traditional business practices and the lack of skilled IT professionals also play a significant role in shaping the market's dynamics.

    Underlying macroeconomic factors:
    The growth of the Enterprise Network Infrastructure Market within the Data Center Market is also influenced by macroeconomic factors such as technological advancements, government policies, and investment in ICT infrastructure. Countries with strong government support for digital transformation and robust investment in ICT infrastructure are experiencing faster market growth compared to regions with limited government support and underdeveloped ICT infrastructure. Additionally, the increasing demand for cloud-based solutions and the rise of remote working due to the ongoing COVID-19 pandemic are driving the adoption of enterprise network infrastructure in data centers.

    Global Comparison

    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

    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.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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