Service Provider Network Infrastructure - Jordan

  • Jordan
  • Revenue in the Service Provider Network Infrastructure market is projected to reach US$55.09m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.96%, resulting in a market volume of US$66.91m by 2029.
  • The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach US$17.43 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 Network Infrastructure Market within the Data Center Market in Jordan is experiencing subdued growth due to various factors. These include the slow adoption of digital technologies, limited health awareness, and challenges in providing online services. Despite this, the market is expected to grow steadily in the coming years.

Customer preferences:
As the demand for high-speed internet and reliable connectivity continues to rise, service providers in the Network Infrastructure Market within the Data Center Market are investing in advanced network infrastructure solutions. This trend is driven by the increasing reliance on online services, especially in light of the COVID-19 pandemic, as well as the growing popularity of remote work and virtual education. Additionally, the rise of e-commerce and digital entertainment has also contributed to the demand for robust network infrastructure to support seamless online experiences.

Trends in the market:
In Jordan, the Service Provider Network Infrastructure Market within the Data Center Market is experiencing a surge in demand for cloud services, as businesses shift towards remote work and digital transformation. This trend is expected to continue, with a focus on hybrid cloud solutions and edge computing to support the growing need for data processing and storage. Additionally, there is a rise in demand for software-defined networking (SDN) and network function virtualization (NFV) to improve network agility and flexibility. These developments have significant implications for industry stakeholders, as they must adapt to the changing landscape and invest in robust network infrastructure to support the growing demand for digital services.

Local special circumstances:
In Jordan, the Service Provider Network Infrastructure Market of the Network Infrastructure Market within the Data Center Market is heavily influenced by the country's geographic location, situated at the crossroads of Europe, Asia, and Africa. This has led to a strong demand for reliable and efficient network infrastructure to support international business operations. Additionally, the country's strict regulatory environment for data centers has created a unique market dynamic, with companies having to comply with stringent data privacy and security laws. This has led to the emergence of specialized service providers catering to these specific needs, driving the growth of the market.

Underlying macroeconomic factors:
The Service Provider Network Infrastructure Market within the Data Center Market in Jordan is impacted by macroeconomic factors such as government initiatives to boost digital transformation, increasing investments in ICT infrastructure, and the growing demand for cloud-based solutions. Favorable government policies and investments in digital infrastructure are driving the growth of the market, while economic challenges and limited funding may hinder market growth. Additionally, the rising adoption of digital services and the proliferation of mobile devices are creating opportunities for service providers to expand their network infrastructure and cater to the growing demand for data center services.

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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