Press release
APAC Networking Equipment Market to Reach $42,753.4 Million by 2024 | Major Players: D-Link USA, NETGEAR, TP-Link Technologies Co., Ltd, CommScope & IBM
The major factors stimulating the market growth include increasing deployment of cloud-based services, shift toward digital transformation, and surge in the adoption of IoT-enabled devices, according to P&S Intelligence.
Read summary of report here: http://bit.ly/2KVTcSJ
Based on type, the APAC networking equipment market is categorized into router, switch, security device, modem, cable, storage device, access point, repeater, bridge, NIC, and others including antennas, amplifiers, and hubs.
Among these categories, router held the largest market share in 2018. This is attributed to rising bandwidth requirement in the region, increasing deployment of 5G network in countries including China, Japan, and South Korea.
Based on end user, the APAC networking equipment market is classified into telecom/ISP, residential, data center, government and transportation, and commercial. Of these, government and transportation segments are expected to hold the largest market share during the forecast period.
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Growing OTT industry in APAC is aiding to the growth of the networking equipment market in the region. Countries like India and China are posting a strong growth in the OTT industry.
Some of the other key players operating in the APAC networking equipment market include D-Link Corporation, NETGEAR INC., TP-Link Technologies Co. Ltd., CommScope Holding Company Inc., Juniper Networks Inc., IBM Corporation, and Nokia Corporation.
APAC Networking Equipment Market Segmentation
Market Segmentation by End User
• Government and Transportation
• Commercial
o By type
BFSI
Healthcare
Hospitality
Commercial offices
o By enterprise size
Large enterprises
Small and medium enterprises (SMEs)
• Telecom/Internet Service Provider (ISP)
• Data Center
• Residential
Read More Related Reports :
APAC Physical Security Market : https://www.psmarketresearch.com/market-analysis/apac-physical-security-market
Physical Security Market : https://www.psmarketresearch.com/market-analysis/physical-security-market
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About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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