Market Overview: Enterprise Networking Market FY2024-2030
This reports provides an essential and dependable overview of the Enterprise Networking Market, serving as a guide for stakeholders navigating the industry's future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.
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Enterprise Networking Market Report Coverage Details:
- Base Year: 2023
- Historical Data: 2019-22
- Forecast Period: 2024-2030
- CAGR: 9.18% (2024-2030)
The Global Enterprise Networking Market size is valued at around USD 124.29 billion in 2024 and is projected to grow at a CAGR of around 9.18% during 2024-30.
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Enterprise Networking Market Opportunity:
Surging Cloud Services & IoT Offering Lucrative Growth Opportunities – In the Global Enterprise Networking Market the rapid growth of cloud services and IoT (Internet of Things) technologies creates major opportunities. The demand for advanced network infrastructure will increase significantly to support innovations like cloud-based solutions and deploy a myriad of IoT devices. Large enterprises in industries like BFSI, retail, transportation & logistics, healthcare, energy, & manufacturing, among other sectors are focusing on creating and implementing high-bandwidth networks that can enhance wireless capabilities. This will create a great opportunity for network solution providers to provide high-performance, scalable, and secure networking solutions by launching new applications & services by leveraging AI, IoT, analytics, mobility, & blockchain. For instance,
- In January 2024, Cisco Systems, Inc. unveiled its new networking solution, Cisco Nexus 9000 Series switches, designed to enhance high-bandwidth connectivity and support the growing demand for cloud services and IoT deployments.
Enterprise Networking Market Segmentation Analysis – FY2024-2030
Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the Enterprise Networking Market (2024-2030). We prioritize uncovering the pivotal factors that presently drive and will shape the industry's growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.
The Enterprise Networking Market segmentation is enlisted below:
By Type
- WAN & WLAN based
- LAN Based
- Cloud Based
By Component
- By Product
- Ethernet Switches
- Router
- Wireless Access Point
- WLAN
- By Services
- Cloud Networking
- Network Virtualization
- Container Networking
- Security
- Cloud
- Network
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Deployment
- On Premise
- Cloud
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By End User
- Retail
- BFSI
- IT & Telecom
- Media & Entertainment
- Education
- Government
- Energy & Utilities
- Automotive
- Others (Healthcare, Aerospace, etc.)
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
Enterprise Networking Market Competitive Landscape
Cisco Systems, Inc., Huawei Technologies Co., Ltd., Dell Inc., Hewlett Packard Enterprise Development LP (Aruba Networks), Arista Networks, Juniper Networks, Inc., VMware, Inc., Extreme Networks, NVIDIA Corporation, Nutanix, Riverbed Technology, Netscout, and others.
Enterprise Networking Industry News:
- August 2023: Dell introduced its new PowerEdge R760 servers with integrated networking capabilities aimed at optimizing data center operations and supporting high-demand applications.
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Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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