Network Infrastructure - Iraq

Iraq

Revenue in the Network Infrastructure market is projected to reach US$188.60m in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$135.50m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 4.58%, resulting in a market volume of US$235.90m by 2029.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$15.68 in 2024.
In global comparison, most revenue will be generated in China (US$63,560m in 2024).

Key regions: India, China, Brazil, Indonesia, Japan

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 Iraq is experiencing subdued growth, influenced by factors such as slow adoption of digital technologies, limited health awareness among consumers, and challenges in providing online services in a volatile environment. This trend is evident in both the Service Provider and Enterprise sub-markets, hindering overall market growth.

Customer preferences: As technology continues to advance, consumers are demanding faster and more reliable network infrastructure within data centers. This is driven by the increasing reliance on cloud-based services and the need for seamless connectivity. Additionally, with the rise of remote work and virtual events, there is a growing demand for robust network infrastructure that can support large amounts of data and high-speed communication. This trend is likely to continue as businesses and individuals increasingly rely on digital solutions for day-to-day activities.

Trends in the market: In Iraq, the Network Infrastructure Market within the Data Center Market is experiencing a surge in demand for cloud computing services as more businesses shift towards digital transformation. This trend is expected to continue as the country invests in modernizing its IT infrastructure. Additionally, there is a growing need for data centers to support the increasing use of internet-connected devices and the rise of big data analytics. These developments present significant opportunities for industry stakeholders, such as data center providers and network infrastructure companies, to expand their offerings and capitalize on the growing market. However, the rapid growth of the market also brings challenges, such as the need for robust security measures and efficient energy management. It is crucial for industry players to stay updated on these trends and adapt their strategies accordingly to stay competitive in the evolving landscape.

Local special circumstances: In Iraq, the Network Infrastructure Market within the Data Center Market is heavily influenced by the country's ongoing efforts to rebuild its infrastructure after years of conflict. This has created a demand for modern and efficient data centers to support the country's growing digital economy. Additionally, the government's push for digitization and investment in technology is driving the growth of this market. Despite challenges such as limited internet connectivity and security concerns, the market is expected to see significant growth in the coming years.

Underlying macroeconomic factors: The Network Infrastructure Market within the Data Center Market in Iraq is heavily influenced by macroeconomic factors such as government initiatives, infrastructure development, and investment in technology. As the country continues to rebuild and modernize its infrastructure, there is a growing demand for data center solutions to support the increasing use of technology in various sectors. Additionally, the country's rapidly growing population and increasing internet penetration rate are also driving the need for a robust network infrastructure, leading to a favorable market outlook. Furthermore, with the government's focus on diversifying the economy and reducing its dependence on oil, there is a significant push towards digital transformation, which is expected to further drive the growth of the Network Infrastructure Market within the Data Center Market in Iraq.

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.