Network Infrastructure - Montenegro

Montenegro

Revenue in the Network Infrastructure market is projected to reach US$34.86m in 2025.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$24.42m in 2025.
Revenue is expected to show an annual growth rate (CAGR 2025-2029) of 6.63%, resulting in a market volume of US$45.06m by 2029.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$118.30 in 2025.
In global comparison, most revenue will be generated in China (US$69,330m in 2025).

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.

For more information on the data displayed, use the info button right next to the boxes.

Market

Region

Region comparison

Currency

Analyst Opinion

The Network Infrastructure Market in Montenegro is experiencing steady growth due to factors such as increasing adoption of digital technologies, rising awareness of the importance of robust network infrastructure, and the convenience offered by online services. The average growth rate of the market is influenced by the demand for both Service Provider and Enterprise Network Infrastructure, as businesses and individuals seek reliable and efficient connectivity solutions.

Customer preferences: The growing demand for cloud-based services in Montenegro has led to a rise in the adoption of network infrastructure solutions within the data center market. With the increasing trend of remote work and online education, reliable and secure connectivity has become a top priority for businesses and individuals. This has resulted in a surge in demand for high-speed internet services and advanced networking technologies, such as software-defined networking (SDN) and network function virtualization (NFV). Additionally, the rise of smart cities and the Internet of Things (IoT) has also driven the need for robust network infrastructure to support the growing volume of data traffic.

Trends in the market: In Montenegro, there is a growing trend towards the adoption of cloud-based network infrastructure solutions within the Data Center Market. This trend is driven by the increasing demand for scalability, flexibility, and cost-efficiency in managing data centers. Additionally, there is a rise in the use of Software-Defined Networking (SDN) and Network Function Virtualization (NFV) technologies, allowing for more efficient network management and automation. These trends are significant as they enable businesses to better adapt to changing data center requirements and improve overall network performance. However, they also pose potential challenges for industry stakeholders, such as the need for skilled IT professionals to manage these complex networks and the potential security risks associated with virtualized networks.

Local special circumstances: In Montenegro, the Network Infrastructure Market within the Data Center Market is heavily influenced by the country's small size and limited resources. This has led to a strong focus on efficiency and cost-effectiveness in the development of data centers. Additionally, the country's location on the Adriatic coast has made it a popular destination for international businesses, driving the demand for reliable network infrastructure. The government has also implemented regulations to promote the growth of the digital economy, creating a favorable environment for the data center market.

Underlying macroeconomic factors: The Network Infrastructure Market within the Data Center Market in Montenegro is influenced by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with strong government support and investments in digital infrastructure are experiencing faster market growth compared to regions with limited resources. Additionally, the rising demand for cloud-based services and the increasing adoption of Internet of Things (IoT) technologies are driving the growth of the Network Infrastructure Market in Montenegro.

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.