Network Infrastructure - Ireland

Ireland

Revenue in the Network Infrastructure market is projected to reach US$1.05bn in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$0.69bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.71%, resulting in a market volume of US$1.20bn by 2029.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$361.70 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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Analyst Opinion

The Network Infrastructure Market in Ireland is experiencing subdued growth, influenced by factors such as the increasing demand for digital technologies in both Service Provider and Enterprise sub-markets, and the growing awareness of the benefits of online health services. This has resulted in a significant rise in the overall market, driven by convenience and improved health outcomes for consumers.

Customer preferences: As data centers continue to expand in Ireland, there is a growing focus on sustainable and energy-efficient network infrastructure solutions. This is driven by consumer demand for environmentally responsible practices and government regulations promoting green initiatives. Additionally, the rise of remote work and online learning has led to an increased need for reliable and high-speed internet connectivity, further emphasizing the importance of efficient network infrastructure within data centers.

Trends in the market: In Ireland, the Network Infrastructure Market within the Data Center Market is experiencing a rise in demand for cloud-based services, with businesses increasingly adopting hybrid cloud strategies. This trend is expected to continue, driven by the need for scalable and cost-effective solutions. Additionally, there is a growing demand for edge computing and 5G network infrastructure to support the increasing amount of data being generated. These trends have significant implications for industry stakeholders, as they will need to adapt and invest in new technologies to remain competitive in the market.

Local special circumstances: In Ireland, the Network Infrastructure Market within the Data Center Market is heavily influenced by the country's favorable tax policies and skilled workforce. With its strategic location and reliable power infrastructure, Ireland has become a hub for data center operations, attracting major tech companies to establish their presence. Additionally, the government's supportive stance on renewable energy has led to the adoption of sustainable data center practices, further driving market growth.

Underlying macroeconomic factors: The Network Infrastructure Market within the Data Center Market in Ireland is significantly impacted by macroeconomic factors such as the country's strong economic growth, favorable business environment, and government initiatives to promote digital transformation. The increasing demand for cloud-based services, big data analytics, and Internet of Things (IoT) solutions is driving the growth of the data center market, which, in turn, is boosting the demand for network infrastructure. Ireland's robust telecommunications infrastructure and its strategic location as a gateway to Europe make it an ideal location for data center investments. Moreover, the government's focus on expanding broadband connectivity and investing in cutting-edge technologies, such as 5G, is further propelling the growth of the network infrastructure market in the country.

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.