Enterprise Network Infrastructure - Armenia

Revenue in the Enterprise Network Infrastructure market is projected to reach US$5.56m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.62%, resulting in a market volume of US$6.65m by 2029.
The average Spend per Employee in the Enterprise Network Infrastructure market is projected to reach US$4.02 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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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

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)

The Enterprise Network Infrastructure Market of the Network Infrastructure Market in Armenia is experiencing slow growth due to several factors, including limited investment in digital infrastructure and low adoption of emerging technologies. However, increasing demand for efficient data center solutions and rising awareness about the benefits of digitalization are expected to drive growth in the coming years.

Customer preferences: As the use of cloud computing and virtualization continues to grow in Armenia, there is a growing demand for advanced network infrastructure within data centers. This is driven by the need for efficient and reliable connectivity to support the increasing volume of data being generated and processed. Additionally, with the rise of remote work and online learning, there is a growing trend towards software-defined networking (SDN) solutions that offer greater flexibility and scalability. This shift towards SDN is also driven by the need for enhanced security and network management capabilities.

Trends in the market: In Armenia, the Enterprise Network Infrastructure Market within the Network Infrastructure Market of the Data Center Market is experiencing a shift towards cloud-based solutions. This trend is driven by the increasing demand for scalable and cost-effective networking solutions. Additionally, there is a growing adoption of software-defined networking (SDN) and network function virtualization (NFV) technologies, which offer greater flexibility and agility in managing network infrastructure. These developments are significant for industry stakeholders as they enable them to optimize their network operations and reduce costs. However, it also presents challenges in terms of security and data privacy, which must be addressed to maintain trust and credibility among customers.

Local special circumstances: In Armenia, the Enterprise Network Infrastructure Market within the Data Center Market is influenced by the country's limited internet connectivity and infrastructure. This has led to a greater demand for secure and reliable network solutions, as well as a growing interest in cloud-based services. Additionally, the country's political instability and economic challenges have resulted in a slower adoption of advanced technologies, creating a unique market landscape compared to other regions. The government's efforts to improve the country's digital infrastructure are expected to drive growth in the Enterprise Network Infrastructure Market in the coming years.

Underlying macroeconomic factors: The Enterprise Network Infrastructure Market within the Data Center Market in Armenia is influenced by macroeconomic factors such as technological advancements, government policies, and investment in information and communication technology (ICT) infrastructure. The country has been investing heavily in ICT infrastructure, which has led to the development of a strong and reliable network infrastructure. Additionally, the government has implemented favorable policies to promote the adoption of advanced technologies, further driving market growth. Moreover, the country's stable economic growth and increasing investment in the IT sector have also created a conducive environment for the development of the Enterprise Network Infrastructure Market within the Data Center Market. These factors are expected to continue driving market growth in Armenia.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Nothing runs right in companies or corporations today without the proper IT network infrastructure and equipment. IT networking is the construction, design, and use of network equipment to allow groups of computing devices to exchange data with one another, over both wired and wireless networks. The market covers networking hardware, software, and services, including virtual networks, servers, network management, and security.