Network Infrastructure - Myanmar

Myanmar

Revenue in the Network Infrastructure market is projected to reach US$90.62m in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$67.27m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 4.66%, resulting in a market volume of US$113.80m by 2029.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$3.64 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 Myanmar is experiencing mild growth, driven by factors such as increasing demand for digital technologies, growing awareness of health issues, and the convenience of online health services. The market is impacted by the sub-markets of Service Provider and Enterprise Network Infrastructure, with the overall growth rate being influenced by factors such as government regulations and investments in technology infrastructure.

Customer preferences: With the rapid growth of the Network Infrastructure Market within the Data Center Market in Myanmar, there has been a notable increase in demand for cloud-based services and solutions. This trend is driven by the country's growing digital economy and the need for businesses to have reliable and flexible networking infrastructure to support their operations. Additionally, with the rise of remote work and virtual collaboration, there is a growing preference for secure and high-speed internet connectivity, leading to a surge in demand for advanced networking technologies.

Trends in the market: In Myanmar, the Network Infrastructure Market within the Data Center Market is experiencing a surge in demand for cloud services, as businesses look to modernize their IT infrastructure and improve efficiency. This trend is expected to continue as more companies shift towards digitalization and remote work. Additionally, there is a growing focus on data security and privacy, leading to investments in advanced network infrastructure solutions. These developments are significant for industry stakeholders as they highlight the need for robust and reliable network infrastructure to support the growing demand for data-intensive applications and services. Furthermore, this trend presents an opportunity for network infrastructure providers to expand their offerings and cater to the evolving needs of businesses in Myanmar.

Local special circumstances: In Myanmar, the Network Infrastructure Market within the Data Center Market is influenced by the country's geographical location and limited internet connectivity. The government's recent efforts to improve telecommunications infrastructure have attracted international investments, leading to a surge in demand for data centers. Additionally, the country's unique culture and regulatory landscape, including restrictions on foreign ownership, play a significant role in shaping the market. These factors create a challenging yet dynamic environment for data center operators in Myanmar.

Underlying macroeconomic factors: The Network Infrastructure Market within the Data Center Market in Myanmar is heavily influenced by macroeconomic factors such as government policies, investment in ICT infrastructure, and global economic trends. The government's efforts to improve the country's digital infrastructure and attract foreign investment have created a conducive environment for the growth of the data center market. Additionally, the increasing demand for data storage and processing capabilities from various industries, such as banking, e-commerce, and telecommunications, has further fueled the growth of the network infrastructure market. Furthermore, the country's strong economic growth and stable fiscal policies have also contributed to the overall positive market performance.

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.