Ahmed Sherif
Research expert covering IT services and gaming hardware
IT network infrastructure & equipment - Statistics & Facts
Nothing runs right in companies or corporations today without the proper IT network infrastructure and equipment. IT networking is the construction, design, and use of network equipment to allow groups of computing devices to exchange data with one another, over both wired and wireless networks. The market covers networking hardware, software, and services, including virtual networks, servers, network management, and security.
Although it has fluctuated lately, network infrastructure revenue is forecast to keep yielding positive growth rates in the coming years, with the market size of enterprise network infrastructure especially set to increase by nearly 20 percentage points by 2027. Huawei held a significant share of the network infrastructure market globally with 34 percent of the market in 2023, while Nokia and Ericsson came in second and third places respectively. The physical hardware required for communication between devices on a computer network is the backbone of modern IT networking. In 2022, the ethernet switches market globally increased dramatically, and was valued at 10 billion U.S. dollars by the first quarter of 2023. Moreover, the wireless router market globally was estimated at 15.2 billion U.S. dollars in 2024.
The IT network infrastructure and equipment sector shows a healthy growth outlook in the coming years as it remains a fundamental component in our daily lives, inside and outside work.
Although it has fluctuated lately, network infrastructure revenue is forecast to keep yielding positive growth rates in the coming years, with the market size of enterprise network infrastructure especially set to increase by nearly 20 percentage points by 2027. Huawei held a significant share of the network infrastructure market globally with 34 percent of the market in 2023, while Nokia and Ericsson came in second and third places respectively. The physical hardware required for communication between devices on a computer network is the backbone of modern IT networking. In 2022, the ethernet switches market globally increased dramatically, and was valued at 10 billion U.S. dollars by the first quarter of 2023. Moreover, the wireless router market globally was estimated at 15.2 billion U.S. dollars in 2024.
Network Security Infrastructure
Network security infrastructure is the process of protecting a network infrastructure by installing security measures to deny unauthorized access, and to prevent the access, modification, and theft of resources and data. It is essential in usually applied to enterprise IT environments, with its main segments being access control, application security, firewalls, VPNs, behavioral analytics, and wireless security. In 2023, spending on network security equipment exceeded 21.4 billion U.S. dollars, while security spending in the infrastructure protection segment totaled 28.4 billion U.S. dollars. The global corporate web security market revenue is expected to exceed 6.8 billion U.S. dollars in 2024.Companies and IT networking services
In terms of services, Juniper was the most important network management technology, accounting for a market share of 12.6 percent in 2023. The centralization of critical network services is an essential component of the management and functionality of global networks. Network infrastructure technologies such as DNS, DHCP, and IPAM (together known as DDI) play an essential role in this process, with vendors including Microsoft, Cisco Systems, and Infoblox providing solutions in this space. Moreover, HPE Aruba Networks dominated the network hardware market globally by accounting for over 56 percent of the market in 2023.The IT network infrastructure and equipment sector shows a healthy growth outlook in the coming years as it remains a fundamental component in our daily lives, inside and outside work.
Ahmed Sherif
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Jan 29, 2024
Ahmed Sherif
Research expert covering IT services and gaming hardware
