Network Infrastructure - Laos | Statista Market Forecast

Revenue in the Network Infrastructure market is projected to reach US$19.98m in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$14.27m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 0.84%, resulting in a market volume of US$20.83m by 2029.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$6.29 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 in Laos is seeing minimal growth due to factors such as slow adoption of digital technologies, low health awareness among consumers, and limited convenience of online services. This is particularly evident in the sub-markets of Service Provider and Enterprise Network Infrastructure. However, with government initiatives and increased investment in infrastructure, there is potential for growth in the future.

Customer preferences: As Laos continues to develop its digital infrastructure, the demand for high-speed and reliable network connectivity within data centers is increasing. This is driven by the growing adoption of cloud computing and the need for efficient data storage and management. Additionally, the rise of e-commerce and online banking is leading to a greater demand for secure and stable network infrastructure. As a result, there is a growing trend towards investing in advanced network technologies and solutions to meet the evolving needs of consumers and businesses in Laos.

Trends in the market: In Laos, the Network Infrastructure Market within the Data Center Market is experiencing an increase in demand for cloud services, with more businesses adopting hybrid and multi-cloud environments. This trend is driven by the need for scalability, cost-effectiveness, and flexibility in data management. Additionally, there is a growing focus on green data centers, with the government implementing initiatives to reduce carbon emissions from data centers. These trends present opportunities for industry stakeholders to offer innovative solutions and expand their market presence in Laos.

Local special circumstances: In Laos, the Network Infrastructure Market within the Data Center Market is influenced by the country's limited technology adoption and underdeveloped telecom infrastructure. This creates challenges for data center operators to provide reliable and high-speed connectivity. Additionally, the government's strict regulations on foreign investment and data privacy also impact the market dynamics. These factors result in slower growth compared to other markets in the region, and require tailored solutions to cater to the local market needs.

Underlying macroeconomic factors: The growth of the Network Infrastructure Market within the Data Center Market is also influenced by macroeconomic factors such as technological advancements, government support, and investment in digital infrastructure. Countries with favorable regulatory environments and strong investment in digital infrastructure are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Additionally, the increasing demand for data storage and management due to the rise of internet usage and digitalization in various industries is driving the growth of the market.

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.