Service Provider Network Infrastructure - Israel

  • Israel
  • Revenue in the Service Provider Network Infrastructure market is projected to reach US$0.76bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.50%, resulting in a market volume of US$0.86bn by 2029.
  • The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach US$167.90 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 Israel is experiencing subdued growth, impacted by factors such as increasing use of digital technologies, growing health awareness, and convenient online health services. This has contributed to the overall growth of the Network Infrastructure Market within the Data Center Market in Israel.

Customer preferences:
There has been a growing demand for high-speed internet and reliable connectivity, driving the demand for advanced networking solutions in Israel's Service Provider Network Infrastructure Market. This trend is fueled by the increasing adoption of cloud-based services and the rise of remote work, highlighting the importance of robust and scalable network infrastructure. Additionally, the emergence of 5G technology is expected to further accelerate the demand for advanced network infrastructure to support the growing data volumes and bandwidth requirements.

Trends in the market:
In Israel, the Service Provider Network Infrastructure Market within the Data Center Market is seeing a rise in Software-Defined Networking (SDN) solutions, with a focus on virtualization and automation. This trend is driven by the need for greater network agility and efficiency, as well as the increasing adoption of cloud-based services. Additionally, there is a growing demand for network security solutions to protect against cyber threats. These trends are significant as they enable service providers to deliver more advanced and secure services to their customers. However, they also present challenges in terms of network complexity and management. Industry stakeholders must stay updated on these trends to remain competitive and meet the evolving needs of their customers.

Local special circumstances:
In Israel, the Service Provider Network Infrastructure Market within the Data Center Market is heavily influenced by the country's technological advancements and thriving startup culture. The government's support for innovation and entrepreneurship has led to a highly competitive market with a focus on cutting-edge solutions. Additionally, Israel's strategic location and strong partnerships with global tech companies make it a hub for data center infrastructure, attracting foreign investments and driving market growth.

Underlying macroeconomic factors:
The Service Provider Network Infrastructure Market of the Network Infrastructure Market within the Data Center Market in Israel is heavily influenced by macroeconomic factors such as technological advancements, government support, and investment in network infrastructure. The country's strong economy and advanced technological landscape have created a favorable environment for the growth of this market. Additionally, Israel's government has implemented policies to promote the development of its digital economy, further propelling the demand for advanced network infrastructure solutions. These factors, combined with the increasing demand for data center services, are driving the growth of the Service Provider Network Infrastructure Market in Israel.

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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