Network Infrastructure - Estonia

Estonia

Revenue in the Network Infrastructure market is projected to reach US$46.03m in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$33.88m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 6.69%, resulting in a market volume of US$59.63m by 2028.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$67.41 in 2024.
In global comparison, most revenue will be generated in China (US$45,690m in 2024).

Key regions: Europe, India, China, Japan, Germany

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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Market

Region

Region comparison

Currency

Analyst Opinion

The Network Infrastructure market in Estonia is experiencing significant growth and development due to various factors.

Customer preferences: Customers in Estonia have a strong preference for reliable and high-speed internet connectivity. With the increasing reliance on digital technologies and the growing demand for online services, businesses and individuals in Estonia are seeking network infrastructure solutions that can support their needs. Additionally, there is a growing demand for advanced networking technologies such as 5G and fiber optic networks, which offer faster and more reliable connections.

Trends in the market: One of the key trends in the Network Infrastructure market in Estonia is the deployment of 5G networks. The government and telecom operators in Estonia are actively investing in the development of 5G infrastructure to meet the increasing demand for high-speed mobile connectivity. This trend is driven by the need to support emerging technologies such as Internet of Things (IoT) devices and autonomous vehicles, which require low-latency and high-bandwidth connections. Another trend in the market is the expansion of fiber optic networks. Fiber optic technology offers faster and more reliable internet connections compared to traditional copper-based networks. Telecom operators in Estonia are investing in the deployment of fiber optic networks to provide high-speed internet access to both residential and business customers. This trend is also driven by the increasing demand for bandwidth-intensive applications such as video streaming and cloud computing.

Local special circumstances: Estonia has a highly developed digital infrastructure, which makes it an attractive market for network infrastructure providers. The country has a high internet penetration rate and a tech-savvy population, which creates a strong demand for advanced network connectivity solutions. Additionally, Estonia has a favorable regulatory environment that encourages investment in network infrastructure development. The government has implemented policies to promote competition and innovation in the telecom sector, which has led to the entry of new players and increased investment in network infrastructure.

Underlying macroeconomic factors: The growth of the Network Infrastructure market in Estonia is also influenced by underlying macroeconomic factors. The country has a strong economy and a high level of digitalization, which drives the demand for network infrastructure solutions. Additionally, Estonia has a highly skilled workforce and a favorable business environment, which attracts foreign investment in the telecom sector. These factors contribute to the overall growth and development of the Network Infrastructure market in Estonia.

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.