Market Insights Technology Data Center Network Infrastructure

Service Provider Network Infrastructure - Egypt

Egypt

Revenue in the Service Provider Network Infrastructure market is projected to reach US$125.20m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.08%, resulting in a market volume of US$193.30m by 2029.
The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach US$3.78 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 Egypt is experiencing significant growth and development in recent years.

Customer preferences: Customers in Egypt are increasingly demanding faster and more reliable network services to support their digital activities. The rise in mobile and internet usage among the population has driven the need for service providers to enhance their network infrastructure to meet these demands.

Trends in the market: One prominent trend in the Egyptian market is the shift towards 5G technology. Service providers are investing in upgrading their networks to 5G to offer higher data speeds and improved connectivity. This trend is driven by the growing number of smartphone users and the increasing popularity of data-intensive applications.

Local special circumstances: Egypt's strategic geographic location as a gateway between Africa, the Middle East, and Europe plays a crucial role in the development of its Service Provider Network Infrastructure market. The country's position as a regional hub for telecommunications and technology services has attracted investments from both local and international players, further fueling market growth.

Underlying macroeconomic factors: The Egyptian government's initiatives to promote digital transformation and improve the country's overall infrastructure have created a favorable environment for the Service Provider Network Infrastructure market. Economic reforms and policies aimed at enhancing the business climate have also contributed to the market's expansion. Additionally, the increasing disposable income and changing consumer behavior towards digital services have boosted the demand for advanced network infrastructure in Egypt.

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.