Enterprise Network Equipment Market by Technology Advancements, Growth and Industry Outlook 2021 to 2025

The report presents an in-depth assessment of the Enterprise Network Equipment Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Enterprise Network Equipment from 2021 till 2025. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The enterprise network equipment market was valued at USD 9.83 billion in 2019 and is expected to reach USD 15.48 billion by 2025, at a CAGR of 7.85% over the forecast period 2020 - 2025. 

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Enterprise Network Equipment Market: Cisco Systems Inc., Hewlett Packard Enterprise, Huawei Technologies Co. Ltd, Dell Inc., Juniper Networks, Arista Networks, Extreme Networks, Palo Alto Networks, Fortinet, Check Point Software Technologies, New H3C, F5 and others.

Company News:

January 2016, Jupiter systems acquired BTI Systems, a provider of cloud and metro networking systems. This acquisition will enable Jupiter to fast-track the delivery of open & automated packet optical transport solutions that equip NorthStar Controller with network management attributes to enable end-to-end provisioning features.

Market Overview:

 While the wave of incoming technology advances propagating by AI and IoT seems to dominate the headlines, there is one area of enterprise that is expected to fuel a mighty change in dynamics which is the emerging trends in network technologies. Because of all the extra value put on stable and secure networks, there is expected to be a surge in the spending on IT services. Across the globe, the economic force of IT services is growing in revenue, because even small businesses recognize the pervasive need for top-of-the-line network technology to climb to and remain at the forefront of their respective industries.
The adoption of bring-your-own-device (BYOD) to expand the mobile workforce is expected to offer growth opportunities to the market studied.
The rapidly increasing demand for network equipment is enabling vendors to provide new business and technological models that meet the demand. Most vendors are focusing on offering products and solutions that can improve the operational efficiencies of enterprises.

Regional Analysis For Enterprise Network Equipment Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Market Key Trends:

The Network Security Segment is Expected to Register a Significant Growth

Network security serves as a strong motivator to invest in IT services. With rapid technological developments, cybercriminals are becoming craftier and more sophisticated. Also, with IT infrastructure having extended into virtual, cloud-based platforms, a lot of valuable company and client data is left vulnerable to security threats. Apart from implementing traditional firewalls and controlling user access, many organizations are reaching for more robust cybersecurity strategies. This creates an excellent opportunity for developers to bring new defense approaches to the table. Incorporating AI to create intuitive, efficient systems will allow businesses to use smart machine capabilities to detect threats early and use proactive strategies in defending their information.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Enterprise Network Equipment Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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