Press release
Network Infrastructure Market (2023-2029) : Unveiling Trends and Opportunities
The Global Network Infrastructure Market is undergoing a significant transformation, marked by a shift towards a more decentralized, adaptable structure in response to the burgeoning demand for mobile connectivity. Valued at US$ 97.34 Bn. in 2022, the market is projected to witness a steady 4% growth from 2023 to 2029, culminating in a staggering US$ 128.09 Bn. by 2029.Know More About The Report:
https://www.maximizemarketresearch.com/market-report/global-network-infrastructure-market/23874/
Unveiling the Network Infrastructure Landscape: A Paradigm Shift
In contemporary business settings, network infrastructure is emerging as a dynamic and less hierarchical structure, catering to both internal and external coordination and monitoring. The surge in mobile users has fueled a transition, creating a scenario of increased mobile traffic. The market, currently in flux due to economic imbalances and uncertain infrastructure conditions, is presenting both challenges and opportunities for vendors.
Dynamic Market Forces: Catalysts for Global Expansion
Network infrastructure is expanding globally, with network management playing a pivotal role in business growth. Organizations are investing in cutting-edge technologies, such as cloud services, SDN, NFV, and IP networks, to optimize their processes. Cloud infrastructure gained prominence in 2022, particularly in North America and Europe, fostering global expansion with implications for network management. The growing infrastructure underscores the importance of evaluating and regulating network traffic, driving the Network Management System (NMS) market.
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Empowering Businesses: The Rise of Free Network Administration Software
The market is witnessing the availability of free network administration software, enabling businesses to gain insights into network performance, reduce operational costs, and optimize interconnect routes. Leading providers like Nagios XI, Colasoft Capsa Free, and PRTG Network Monitor offer both commercial and open-source solutions, contributing to the market's growth. However, the proliferation of free tools raises concerns among NMS solution providers, potentially limiting overall market growth.
Segmentation Insights: Unveiling Growth Trajectories
The market is segmented into networking hardware, networking software, and network services, with the services segment expected to exhibit the fastest CAGR. Businesses and service providers' widespread adoption of NMS systems is driving demand for consultancy, integration, implementation, training, support, and maintenance services globally.
by Type
Networking Hardware
Networking Software
Network Services
by Service
Network Optimization
Wireless Infrastructure
Unified Communications & Collaboration (UCC)
Contact Centre Transformation
Managed Network services
Service Management Operations
by Vertical
BFSI
Retail
Healthcare
Research
Manufacturing
Government
IT & Telecom
Utilities
Others
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Regional Prowess: Asia Pacific Takes the Lead
In 2022, the Asia Pacific region dominated the network infrastructure market with a remarkable CAGR of 36.3%. The growth is attributed to 5G network development across industries, government initiatives to provide a 6 GHz frequency band, and the overall surge in mobile users. The region's commitment to technological advancements positions it as a key player in the global market.
Key Players
1. Cisco
2. HPE/Aruba
3. Juniper
4. Huawei
5. Arista
6. VMware
7. Rivebed
8. Netscout
9. Extreme Networks
10. Dell/ EMC
11. A10 Networks
12. Arista Networks
13. Big Switch Networks
14. Extreme Networks SDN
15. HighPoint
16. NetCraftsmen
17. Netsyncnetwork
18. PCPlus Networks
19. Presidio
20. Virtual Armour
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Table of content for the Network Infrastructure Market includes:
Part 01: Executive Summary
Part 02: Scope of the Network Infrastructure Market Report
Part 03: Global Network Infrastructure Market Landscape
Part 04: Global Network Infrastructure Market Sizing
Part 05: Global Network Infrastructure Market Segmentation
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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