The Enterprise Networking Market is anticipated to increase at a CAGR of 5.9% from 2024 to 2031, from a value of USD 200.5 Billion in 2023 to USD 317.2 Billion in 2031.
The enterprise networking market is undergoing a transformative phase, driven by the rapid adoption of advanced technologies such as 5G, edge computing, and artificial intelligence. This evolution is marked by a growing emphasis on robust, scalable, and secure network infrastructures that can support the increasing demands of a digital-first business environment. Enterprises are increasingly investing in software-defined networking (SDN) and network function virtualization (NFV) to enhance agility and reduce operational costs.
Additionally, the integration of Internet of Things (IoT) devices into corporate networks is propelling the need for more sophisticated network management and security solutions. As businesses continue to expand their global footprints, the demand for seamless connectivity and real-time data access is further fueling innovations in this market. Consequently, the enterprise networking landscape is becoming more dynamic and complex, offering a fertile ground for new entrants and established players to introduce cutting-edge solutions that cater to the evolving needs of modern enterprises.
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Covid 19 impact analysis:
The latest report is the most recent study that offers 360° coverage of the Enterprise Networking industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Enterprise Networking market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
Dell Technologies, ALE International, Cisco Systems, Broadcom Inc., Huawei Technologies, Hewlett Packard Enterprises Developments, Nokia, Arista, Juniper, VMware, Extreme, NVIDIA, Aruba, Riverbed Technology, Inc., Nutanix, A10 Networks Alation Inc., ZTE Corporation, and others
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Enterprise Networking market.
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It has segmented the global Enterprise Networking market
By Equipment
- Ethernet Switch
- Enterprise Routers
- WLAN
- Network security
By Infrastructure Type
- In-House
- Outsourced
By Deployment Mode
- Cloud-based
- On-premises
By Organization Size
- Large enterprises
- Small and medium-sized
By End User
- Aerospace and Defense
- Education
- Media and Communication
- Healthcare
- BFSI
- Transportation and Logistics
- Others
Key Objectives of the Global Enterprise Networking Market Report:
- The report conducts a comparative assessment of the leading market players participating in the globalEnterprise Networking
- The report marks the notable developments that have recently taken place in the Enterprise Networking industry
- It details on the strategic initiatives undertaken by the market competitors for business expansion.
- It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of theEnterprise Networking market value chain.
- The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market
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