Market Insights Technology Data Center Network Infrastructure

Enterprise Network Infrastructure - North America

North America

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Enterprise Network Infrastructure market in North America is witnessing significant growth and evolution driven by various factors.

Customer preferences: Enterprises in North America are increasingly prioritizing network security, reliability, and scalability in their infrastructure investments. They are looking for solutions that can support the growing demand for cloud services, IoT devices, and remote work capabilities. Additionally, there is a rising interest in software-defined networking (SDN) and network function virtualization (NFV) to enhance network agility and efficiency.

Trends in the market: In the United States, the adoption of 5G technology is driving the need for upgraded network infrastructure to support higher data speeds and low latency. This has led to increased investments in advanced networking equipment and solutions. Moreover, the shift towards edge computing is influencing the deployment of edge networking solutions to improve performance for applications that require real-time data processing.

Local special circumstances: Canada, on the other hand, is focusing on enhancing connectivity in rural and remote areas. The government initiatives to bridge the digital divide are driving investments in expanding network infrastructure to underserved regions. This presents opportunities for network infrastructure providers to participate in projects aimed at improving broadband access across the country.

Underlying macroeconomic factors: The strong economy in North America is fueling business expansion and digital transformation initiatives, leading to higher demand for robust network infrastructure. Additionally, the increasing cybersecurity threats are prompting organizations to invest in secure networking solutions to protect their data and operations. The competitive landscape in the region is also spurring innovation and driving vendors to offer differentiated products and services to meet the diverse needs of customers.

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.