Market Insights Technology Data Center Network Infrastructure

Service Provider Network Infrastructure - Austria

Austria

Revenue in the Service Provider Network Infrastructure market is projected to reach US$0.91bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.90%, resulting in a market volume of US$1.05bn by 2029.
The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach US$188.80 in 2024.
In global comparison, most revenue will be generated in China (US$45,360m in 2024).

Key regions: United Kingdom, Japan, India, United States, Germany

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Analyst Opinion

The Service Provider Network Infrastructure Market in Austria is experiencing mild growth, driven by factors such as increasing demand for digital services, growing awareness of health and wellness, and the convenience of online health solutions.

Customer preferences: With the rise of cloud computing and the increasing need for data storage and management, there has been a growing demand for secure and scalable network infrastructure solutions. Service providers are now offering more advanced and versatile solutions that cater to the unique needs of data centers. This shift towards specialized and customized services is driven by the increasing complexity of data center operations and the need for efficient and cost-effective solutions.

Trends in the market: In Austria, the Service Provider Network Infrastructure Market of the Network Infrastructure Market within the Data Center Market is experiencing a shift towards software-defined networking (SDN) and network function virtualization (NFV). These trends offer increased flexibility, scalability, and cost savings for service providers. Additionally, there is a growing demand for network automation and self-service capabilities to improve network management and reduce operational costs. These trends are significant as they drive innovation and efficiency in the market, and have implications for industry stakeholders such as network equipment manufacturers, service providers, and data center operators. They must adapt to this changing landscape to remain competitive and meet the evolving needs of their customers.

Local special circumstances: In Austria, the Service Provider Network Infrastructure Market within the Data Center Market is heavily influenced by the country's strict data protection laws and regulations. This has led to the adoption of advanced security measures and data management solutions by service providers, to comply with these regulations. Additionally, the country's central location in Europe makes it a prime location for establishing data centers, attracting foreign investments and driving the growth of the network infrastructure market. The market is also driven by the increasing demand for cloud services and the growing digitalization of businesses in the country.

Underlying macroeconomic factors: The growth of the Service Provider Network Infrastructure Market within the Data Center Market is heavily influenced by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with favorable 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 cloud services and the rise of connected devices are driving the need for robust network infrastructure to support data transfer and storage.

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.