Service Provider Network Infrastructure - New Zealand

  • New Zealand
  • Revenue in the Service Provider Network Infrastructure market is projected to reach US$0.44bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 6.21%, resulting in a market volume of US$0.56bn by 2028.
  • The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach US$157.50 in 2024.
  • In global comparison, most revenue will be generated in China (US$33,000m in 2024).

Key regions: United Kingdom, Indonesia, China, Brazil, Germany

 
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Analyst Opinion

The Service Provider Network Infrastructure market in New Zealand has been experiencing significant growth in recent years. Customer preferences in the market have been shifting towards more advanced and efficient network infrastructure solutions. With the increasing demand for high-speed internet and data services, service providers in New Zealand are investing in upgrading their network infrastructure to meet the growing needs of their customers. This includes the deployment of fiber-optic networks, which offer faster and more reliable internet connections compared to traditional copper-based networks. Additionally, there is a growing demand for cloud-based services and applications, which require robust and scalable network infrastructure to ensure seamless connectivity and data transmission. One of the key trends in the market is the adoption of software-defined networking (SDN) and network function virtualization (NFV) technologies. SDN allows service providers to centrally manage and control their network infrastructure, making it more flexible and efficient. NFV, on the other hand, enables the virtualization of network functions, reducing the need for dedicated hardware and improving scalability. These technologies not only improve the performance and agility of service provider networks but also reduce operational costs. Another trend in the market is the increasing focus on network security. With the rise in cyber threats and data breaches, service providers in New Zealand are prioritizing the implementation of robust security measures to protect their networks and customer data. This includes the deployment of advanced firewalls, intrusion detection systems, and encryption technologies. Additionally, there is a growing demand for network security services, such as managed security services and threat intelligence, to help service providers proactively detect and mitigate potential security risks. Local special circumstances in New Zealand also play a role in the development of the Service Provider Network Infrastructure market. The country's geography, with its mountainous terrain and remote rural areas, presents unique challenges for network infrastructure deployment. Service providers have to overcome these challenges by investing in technologies such as satellite and wireless connectivity to extend their network coverage and reach underserved areas. Additionally, the New Zealand government has been actively promoting the development of broadband infrastructure in rural areas through initiatives such as the Rural Broadband Initiative (RBI) and the Ultra-Fast Broadband (UFB) program. Underlying macroeconomic factors, such as population growth, urbanization, and the digital transformation of industries, are driving the demand for service provider network infrastructure in New Zealand. The country's population is growing, and more people are moving to urban areas, leading to increased demand for internet and data services. Furthermore, industries across various sectors, including healthcare, education, finance, and manufacturing, are increasingly relying on digital technologies, which require robust and high-performance network infrastructure. In conclusion, the Service Provider Network Infrastructure market in New Zealand is witnessing growth due to customer preferences for advanced and efficient network infrastructure solutions, the adoption of technologies such as SDN and NFV, the focus on network security, local special circumstances, and underlying macroeconomic factors. These factors are shaping the development of the market and driving the investment in network infrastructure by service providers in New Zealand.

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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