Network Infrastructure - North Macedonia

North Macedonia

Revenue in the Network Infrastructure market is projected to reach US$18.24m in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$12.82m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.05%, resulting in a market volume of US$20.19m by 2029.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$19.32 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.

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 North Macedonia is experiencing subdued growth due to factors such as slow adoption of digital technologies, limited awareness about online health services, and challenges in implementing advanced network solutions in both service provider and enterprise sectors. Despite these challenges, the market is expected to grow steadily in the coming years as the country continues to invest in improving its data center infrastructure.

Customer preferences: There has been a noticeable increase in the adoption of cloud-based solutions in the Network Infrastructure Market within the Data Center Market in North Macedonia. This is driven by the growing demand for remote work and virtual collaboration tools, as well as the need for flexible and scalable infrastructure. Additionally, the rise of e-commerce and online businesses has also led to a greater reliance on reliable and secure network infrastructure to support digital transactions and services.

Trends in the market: In North Macedonia, the Network Infrastructure Market within the Data Center Market is experiencing a shift towards cloud-based solutions, with companies increasingly adopting hybrid and multi-cloud strategies. This trend is driven by the need for scalability, flexibility, and cost-effectiveness in data management. Additionally, there is a growing demand for edge computing and Internet of Things (IoT) solutions, as businesses look to leverage real-time data for improved decision-making. These trends are significant as they enable organizations to optimize their operations and improve their overall efficiency. However, they also pose challenges for stakeholders, such as increased security concerns and the need for skilled professionals to manage complex networks and data flows.

Local special circumstances: In North Macedonia, the Network Infrastructure Market within the Data Center Market is heavily influenced by the country's geographic location, with its proximity to major European markets making it an ideal location for data center facilities. Additionally, the government's efforts to attract foreign investment through tax incentives and streamlined regulations have contributed to the growth of the market. However, the country's limited internet infrastructure and low digital literacy rate present challenges for market players. This has led to a focus on developing localized solutions and partnerships with local internet service providers to improve connectivity and drive market growth.

Underlying macroeconomic factors: The Network Infrastructure Market within the Data Center Market in North Macedonia is influenced by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with supportive regulatory environments and strong investment in network infrastructure are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Additionally, the increasing demand for digital data storage and management due to the rapid growth of data-heavy industries is driving the growth of the Network Infrastructure Market in North Macedonia.

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.