Service Provider Network Infrastructure - Zambia

  • Zambia
  • Revenue in the Service Provider Network Infrastructure market is projected to reach US$9.38m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.12%, resulting in a market volume of US$10.94m by 2029.
  • The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach US$1.29 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 Zambia has seen modest growth due to factors such as slow adoption of digital technologies and limited health awareness. Despite this, the convenience of online health services continues to drive market growth within the Data Center Market.

Customer preferences:
As Zambia's connectivity improves and more service providers enter the market, there is a growing demand for reliable and high-speed internet access. This has led to a rise in investments in network infrastructure, particularly in rural areas. Additionally, with the increasing popularity of cloud-based services and remote working, there is a need for robust and resilient network infrastructure to support these digital solutions. As a result, service providers are focusing on expanding their network capacity and coverage, as well as investing in advanced technologies such as 5G to meet the evolving needs of consumers.

Trends in the market:
In Zambia, the Service Provider Network Infrastructure Market within the Data Center Market is experiencing a surge in demand for cloud services, as businesses shift towards digital transformation. This trend is expected to continue, with the increasing adoption of IoT and edge computing solutions. As a result, there is a growing need for reliable and high-speed network infrastructure to support these services. This presents opportunities for network infrastructure providers, while also creating challenges such as the need for constant upgrades to keep up with technological advancements. Additionally, the rise of 5G networks is expected to further drive the demand for network infrastructure in Zambia, as it enables faster and more efficient data transmission. Stakeholders in the industry must stay abreast of these trends and invest in innovative solutions to stay competitive.

Local special circumstances:
In Zambia, the Service Provider Network Infrastructure Market is heavily influenced by the country's poor internet connectivity and lack of reliable power supply. This has resulted in limited adoption of advanced network infrastructure solutions and a focus on cost-effective options. Additionally, the country's regulatory environment, including high taxes on telecom equipment, presents challenges for network infrastructure development. These factors contribute to a slower growth rate for the market compared to other regions, but also create opportunities for innovative solutions tailored to the local market.

Underlying macroeconomic factors:
The Service Provider Network Infrastructure Market of the Network Infrastructure Market within the Data Center Market in Zambia is heavily influenced by macroeconomic factors such as government investments in digital infrastructure, regulatory policies, and global economic trends. Countries with favorable regulatory environments and strong investments in digital infrastructure are experiencing higher market growth compared to regions with regulatory challenges and limited funding. Furthermore, the rising demand for data center services in emerging economies, along with the increasing adoption of cloud-based solutions, is expected to drive the growth of the Service Provider Network Infrastructure Market in Zambia.

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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