Enterprise Network Infrastructure - NAFTA

  • NAFTA
  • Revenue in the Enterprise Network Infrastructure market is projected to reach US$18.16bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 7.51%, resulting in a market volume of US$26.08bn by 2029.
  • The average Spend per Employee in the Enterprise Network Infrastructure market is projected to reach US$71.19 in 2024.
  • In global comparison, most revenue will be generated in China (US$18,200m in 2024).

Key regions: China, Indonesia, United Kingdom, United States, India

 
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Analyst Opinion

The Enterprise Network Infrastructure Market in the Data Center Market is experiencing mild growth in NAFTA nan, influenced by factors such as increasing demand for digital technologies, growing awareness of network infrastructure, and the convenience of online services.

Customer preferences:
The Enterprise Network Infrastructure Market of the Network Infrastructure Market within the Data Center Market is seeing a growing preference for cloud-based solutions, as companies aim to reduce their hardware costs and improve scalability. Additionally, the rise of remote work and virtual collaboration has led to a greater demand for secure and reliable networking solutions, with a focus on data privacy and protection. This trend is expected to continue as organizations prioritize flexibility and agility in their operations.

Trends in the market:
In the Enterprise Network Infrastructure Market of the Network Infrastructure Market within the Data Center Market, there is a notable trend towards the adoption of software-defined networking (SDN). This technology allows for greater flexibility and agility in managing networks, as well as reducing costs. Additionally, there is a growing emphasis on network virtualization, which enables the creation of multiple virtual networks on a single physical infrastructure. These trends are significant as they offer more efficient and scalable solutions for managing network infrastructure. Industry stakeholders should take note of these developments and consider implementing them to stay competitive in the market.

Local special circumstances:
In Canada, the Enterprise Network Infrastructure Market is heavily influenced by the country's strict data privacy laws and regulations. This has led to the adoption of advanced security measures and encryption technologies within the market. Additionally, the country's vast geography and harsh weather conditions have driven the demand for reliable and resilient network infrastructure solutions. In Mexico, the market is driven by the increasing adoption of cloud computing and virtualization technologies, as well as the government's efforts to promote digitalization and modernization of its infrastructure. These unique local factors have a significant impact on the growth and development of the Enterprise Network Infrastructure Market in North America.

Underlying macroeconomic factors:
The Enterprise Network Infrastructure Market of the Network Infrastructure Market within the Data Center Market is heavily influenced by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with advanced technological capabilities and favorable regulatory environments are experiencing a higher demand for network infrastructure solutions. Additionally, the increasing adoption of cloud computing and the rise of data-driven businesses are also driving the growth of the market. Furthermore, the increasing focus on digital transformation and the need for efficient and secure network infrastructure are expected to further boost market growth.

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.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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