Network Infrastructure - Ghana | Statista Market Forecast

Revenue in the Network Infrastructure market is projected to reach US$115.90m in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$85.82m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.15%, resulting in a market volume of US$135.40m by 2029.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$7.67 in 2024.
In global comparison, most revenue will be generated China (US$64bn in 2024).

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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Routers, Broadband Access & Switches, such as Cisco Industrial Services Router, and Cisco Catalyst Switch
Enterprise Telephony, such as Cisco IP Telephone, and Cisco Unified IP Conference Phone
Infrastructure Firewalls, such as SonicWall Firewall, and Cisco Firepower

Private Network Infrastructure, such as TP-Link Basic Router, and TP-Link Mini Switch
Network Infrastructure Software, such as Microsoft Core Infrastructure SVR STE, and McAfee Internet Security

The Network Infrastructure Market within the Data Center Market in Ghana is experiencing subdued growth, driven by factors such as limited investment in service provider and enterprise network infrastructure, as well as the high cost of implementing digital technologies. However, the market is expected to see a gradual increase in growth as the country's health awareness among consumers rises and there is a push for more convenient online health services. This, coupled with the government's focus on improving digital infrastructure, may drive the network infrastructure market forward in the coming years.

Customer preferences: As more businesses and individuals in Ghana adopt cloud-based solutions and remote work, there is a growing demand for robust and reliable network infrastructure within the data center market. This trend is driven by the need for seamless connectivity and data transfer, as well as the increasing reliance on digital solutions for various aspects of daily life. With the rise of e-commerce and online services, consumers are also prioritizing faster internet speeds and low latency, leading to a focus on high-performance network infrastructure within data centers.

Trends in the market: In Ghana, the Network Infrastructure Market within the Data Center Market is experiencing a surge in demand for cloud services, driven by the increasing adoption of digital transformation strategies by businesses. This trend is expected to continue as more organizations seek to modernize their IT infrastructure and leverage the benefits of cloud computing. Furthermore, the government's initiatives to improve internet connectivity and invest in fiber-optic infrastructure are also contributing to the growth of the market. These trends signify a shift towards a more efficient and scalable data center ecosystem in Ghana, with potential implications for industry stakeholders such as cloud service providers, network equipment vendors, and data center operators. As the market continues to evolve, it is essential for these stakeholders to stay updated with the latest trends and adapt their strategies to meet the changing needs of the market.

Local special circumstances: In Ghana, the Data Center Market is fueled by the growing demand for reliable network infrastructure. The country's geographical location makes it a strategic hub for international connectivity, attracting major investments from global players. Additionally, the government's efforts to modernize and digitize various sectors, such as banking and healthcare, are driving the need for advanced data center solutions. Ghana's unique cultural diversity and regulatory framework also play a significant role in shaping the network infrastructure market, with a focus on local partnerships and compliance with data privacy laws.

Underlying macroeconomic factors: The Network Infrastructure Market within the Data Center Market in Ghana is significantly impacted by macroeconomic factors such as the country's economic growth, government policies, and infrastructure development. With a stable and growing economy, Ghana offers a favorable market for data center and network infrastructure investments. Additionally, the country's growing digitalization and adoption of new technologies have led to an increased demand for data centers and network infrastructure. Furthermore, Ghana's government initiatives to improve digital infrastructure and attract investments in the ICT sector have further fueled the growth of the market. As a result, the Network Infrastructure Market within the Data Center Market in Ghana is expected to continue to experience steady growth in the coming years.

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.