Press release
Enterprise Networking Global Market 2018: Key Players – ADTRAN, INC., ALCATEL -LUCENT S.A., ARISTA NETWORKS INC., CISCO SYSTEMS INC., F5 NETWORKS INC.
Enterprise Networking IndustryDescription
Wiseguyreports.Com Adds “Enterprise Networking -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database
Organizations across the globe are adapting to changes in their ecosystem by leveraging digital technology to create digitally-enhanced, customer-centric business models. The adoption of thesedigital technologies enable companies to create new customer experiences, improve operationalefficiency, generate new revenue streams and rapidly respond to changing conditions. The globalenterprise networking market was valued at $REDACTED billion in 2017 and is expected to grow at a CAGR of REDACTED% and is forecast to reach $REDACTED billion by 2023. Enterprises across the globe are increasing investment in network infrastructure in adherence to ongoing budgetary shifts from wired to wireless. Some of the key factors driving the growth for enterprise networking market include the increasing number of mobile workforces, rise of Industrial internet of Things (IIoT), proliferation of cloud applications and expansion of wireless network capabilities. However, factors such as difficulties in managing complex networks and rising network security concerns are restricting the market growth for enterprise networking.
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The global market for enterprise networking has been segmented based on equipment type, end-user verticals and geography. In respect to equipment type, the enterprise networking market has been classified into ethernet switches, enterprise routers, WANs and network security. Ethernet switches constituted the major portion of the market and has accounted for REDACTED% of the total enterprise networking market in 2017. The global ethernet switches market is expected to grow at a CAGR of REDACTED% and is forecast to reach $REDACTED billion by 2023. Among the various equipment types, the WLAN segmentis estimated to be the fastest growing segment, and was valued at $REDACTED billion in 2017. The market forwireless LANs is expected to grow at a CAGR of REDACTED% and is forecast to reach $REDACTED billion by 2023. Thedemand for wireless LANs is being largely driven by enterprises moving more of their campus andbranch office networking budgets from fixed to wireless. Also, the increasing demand of mobility andcloud applications and the emergence of internet of Things (IoT) are also the other factors which aredriving the market for enterprise WLAN.
The enterprise networking market based on end-user verticals has been categorized into Banking, Financial services and Insurance (BFSI), healthcare, IT & Telecommunications, education, manufacturing, government, retail and others. The BFSI segment currently accounts for the dominant share of enterprise networking market and was valued at $REDACTED million in 2017. The enterprise networking market for BFSI segment is expected to grow at a CAGR of REDACTED% and is forecast to reach $REDACTED billion by2023. The fastest growing end-user vertical for enterprise networking market is the healthcare segmentwhich is expected to grow at a CAGR of REDACTED% and is forecast to reach $REDACTED billion by 2023 from $REDACTED billion in 2017. Globally, healthcare facilities and healthcare organizations are using the Internet of Things to enable remote patient monitoring and care, track the location and status of critical assets andto analyze patient health and staff performance data.
To meet consumer demand for personalizedhealthcare, enterprise networks have become one of the major foundations that help healthcareorganizations to achieve this goal. Networking solutions in healthcare facilities enable mobility as well asincrease service velocity and operational efficiencies.
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Table of Contents
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Enterprise Networking: Market Overview
Chapter 4 Market Breakdown by Equipment
Chapter 5 Market Breakdown by End-user Vertical
Chapter 6 Market Breakdown by Region
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
ADTRAN, INC.
Company Overview
Business Performance
Product Overview
ALCATEL -LUCENT S.A.
Company Overview
Product Overview
Recent Development
ARISTA NETWORKS INC.
Company Overview
Business Performance
Product Overview
Recent Development
BROCADE COMMUNICATION SYSTEMS INC.
Company Overview
Product Overview
Recent Development
CISCO SYSTEMS INC.
Company Overview
Business Performance
Product Portfolio
Strategic Overview
Recent Development
ENGENIUS TECHNOLOGIES INC.
Company Overview
Product Overview
Recent Development
F5 NETWORKS INC.
Company Overview
Business Performance
Product Overview
HEWLETT PACKARD ENTERPRISE COMPANY
Company Overview
Business Performance
Product Portfolio
Strategic Overview
Recent Development
HUAWEI TECHNOLOGIES CO., LTD.
Company Overview
Business Performance
Product Overview
Recent Development
JUNIPER NETWORKS INC.
Company Overview
Business Performance
Product Overview
Recent Development
RIVERBED TECHNOLOGY
Company Overview
Product Overview
Recent Development
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