Network Infrastructure - Oman

  • Oman
  • Revenue in the Network Infrastructure market is projected to reach US$38.61m in 2024.
  • Service Provider Network Infrastructure dominates the market with a projected market volume of US$26.87m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 4.10%, resulting in a market volume of US$47.19m by 2029.
  • The average Spend per Employee in the Network Infrastructure market is projected to reach US$15.49 in 2024.
  • In global comparison, most revenue will be generated in China (US$63,560m in 2024).

Key regions: India, China, Brazil, Indonesia, Japan

 
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Analyst Opinion

The Network Infrastructure Market in Oman is experiencing minimal growth due to factors such as slow adoption of digital technologies, low health awareness among consumers, and limited convenience offered by online services. This trend is seen in both the Service Provider and Enterprise sub-markets.

Customer preferences:
With the rise of remote work and virtual learning, there has been a growing demand for reliable and high-speed internet connectivity, driving the need for robust network infrastructure in the data center market. Additionally, with the growing adoption of cloud computing and IoT devices, there is a shift towards more advanced and secure network solutions, such as software-defined networking (SDN) and network function virtualization (NFV). This trend is expected to continue as businesses and individuals increasingly rely on digital services and data transfer, highlighting the importance of a strong and scalable network infrastructure in Oman's data center market.

Trends in the market:
In Oman, the Network Infrastructure Market within the Data Center Market is experiencing a shift towards cloud-based solutions, with more companies adopting virtualization and software-defined networking. This trend is driven by the need for greater scalability, flexibility, and cost efficiency in managing data centers. Additionally, there is a growing demand for edge computing and 5G infrastructure to support emerging technologies like IoT and AI. These trends have significant implications for industry stakeholders, as they require a shift in infrastructure planning and investment to keep up with the evolving market landscape.

Local special circumstances:
In Oman, the Network Infrastructure Market within the Data Center Market is heavily influenced by the country's geographical location and political stability. As a major hub for international business, the demand for reliable and secure network infrastructure is high. Additionally, the government's initiatives to diversify the economy and promote digital transformation have led to increased investments in data centers and network infrastructure. The country's cultural emphasis on privacy and security also plays a role in shaping the market, with a focus on advanced security measures and data protection.

Underlying macroeconomic factors:
The Network Infrastructure Market within the Data Center Market in Oman is heavily influenced by macroeconomic factors such as government investments in infrastructure, economic stability, and technological advancements. With the country's strong push towards digital transformation and its strategic location as a regional hub for data centers, the market is expected to experience significant growth. Additionally, the country's favorable regulatory environment and investments in advanced networking technologies are also contributing to the market's expansion. Furthermore, the rising demand for data storage and processing capabilities, driven by the growth of e-commerce, cloud computing, and IoT, is also propelling the growth of the Network Infrastructure Market in Oman.

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.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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