Enterprise Network Equipment Market is Projected to Reach USD 179.7 Billion by 2035 | Fact.MR Report

The global enterprise network equipment market is projected to expand significantly, escalating from an estimated USD 72.3 billion in 2024 to a commanding USD 179.7 billion by 2035, driven by a robust CAGR of 8.5% over the forecast period.

This growth reflects the critical role of routers, switches, WLAN equipment, network security systems, and network management tools in supporting digital transformation across industries. With enterprises increasingly adopting cloud computing, hybrid workforces, and widespread IoT integration, the demand for high-performance, secure network infrastructure continues to rise.

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Key Takeaways from Market Study:

The enterprise network equipment market is projected to grow from approximately $72.3 billion in 2024 to around $79.7 billion by 2035, representing a CAGR of 8.5%.
The proliferation of connected devices like smartphones, laptops, tablets, and IoT devices, along with migration to cloud infrastructure, is driving demand for enterprise networking equipment.
Increasing reliance on software-defined networking (SDN) is transforming network management with centralized control, automation, and dynamic resource allocation.
Enterprise adoption of monitoring and performance surveillance tools is accelerating to reduce downtime, optimize traffic, and maintain mission-critical operations.
Network infrastructure is becoming a strategic differentiator, empowering digital transformation through enhanced security, real-time insights, and monetization of network capabilities.
Asia-Pacific is expected to register the fastest growth due to cloud migration and IoT rollout, with North America and Europe also showing strong uptake.

Leading Players Driving Innovation in the Enterprise Network Equipment Market:

Prominent players in the market are Cisco Systems, Hewlett Packard Enterprise (HPE), Huawei Technologies, Juniper Networks, Arista Networks, Broadcom, Dell Technologies, VMware, Extreme Networks, Ciena, Ubiquiti Inc., Accton Technology, NETGEAR, Tejas Networks, and Sterlite Technologies.

Regional highlights show diverse growth dynamics:

North America leads in investments and early adoption of cutting-edge network infrastructure.
East Asia, especially China, Japan, and South Korea, benefits from government-led smart city initiatives, industrial automation, and 5G deployments.
Western Europe is modernizing legacy systems, driven by energy-efficiency mandates and stringent data privacy regulations.

Across industries, adoption is led by:

Network security equipment, the fastest-growing segment, fueled by rising cyberattacks and strict compliance requirements, particularly in banking, healthcare, and critical infrastructure sectors.
Small and medium enterprises (SMEs), which are accelerating modernization by shifting to cloud-based, scalable networking solutions that support remote operations and cost efficiency.

Deployment models continue evolving:

Cloud-based networking has emerged as the dominant model, offering centralized management, rapid updates, and flexible subscription pricing, making it especially attractive for SMEs.
The IT & Telecom sector remains a major driver, supported by growing demand from 5G networks, edge computing infrastructure, and expanding data center operations.

Leading industry players continue to innovate and expand their offerings. Key vendors include Cisco Systems, Hewlett Packard Enterprise, Huawei Technologies, Juniper Networks, Arista Networks, Broadcom, Dell Technologies, VMware, Extreme Networks, Ciena, Ubiquiti Inc., Accton Technology, NETGEAR, Tejas Networks, and Sterlite Technologies. Recent product launches include private 5G platforms, advanced WAN solutions, and integrated network security systems tailored to meet evolving enterprise needs.

The report findings are based on extensive research, incorporating insights from IT leaders, network architects, data center operators, supply chain experts, and procurement professionals across multiple global markets. The data was collected during June 2024 to May 2025 and analyzed using advanced statistical methods to ensure accuracy and comprehensive market representation.

Enterprise Network Equipment Market News:

In June 2024, Hewlett-Packard Enterprise (HPE) broadened its networking offerings with the introduction of the HPE Aruba Networking Enterprise Private 5 G. The addition further leverages HPE's holistic private 5G and Wi-Fi solutions, providing high-speed, secure connectivity specifically designed for enterprise networks. The solution can be integrated with HPE's GreenLake cloud platform to enable easy deployment and management.

In February 2024, Huawei released the Net5.5G Converged WAN solution at MWC Barcelona. The breakthrough is focused on driving intelligent transformation across industries by enabling secure WANs with simplified architecture, experience differentiation guarantee, and intelligent maintenance and operations. It provides a solid foundation for intelligent and converged IP metro networks.

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More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the global enterprise network equipment market, presenting historical data for 2020 to 2024 and forecast statistics for 2025 to 2035.

The enterprise network equipment market is segmented based on several key categories. By product type, it includes routers, switches, WLAN equipment, network security equipment, network management tools, and others. In terms of enterprise size, the market serves both small & medium enterprises (SMEs) and large enterprises. Based on deployment model, it is categorized into on-premise, cloud-based, and hybrid solutions.

The end-use industry segmentation covers IT & telecom, BFSI (banking, financial services, and insurance), retail & e-commerce, healthcare, manufacturing, government & public sector, education, energy & utilities, and transportation & logistics. Geographically, the market spans across North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and the Middle East & Africa.

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