Emerging Trends to Drive Enterprise Networking Market Growth at 9.1% CAGR Through 2029

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Enterprise Networking Market Size Growth Forecast: What to Expect by 2025?
The enterprise networking sector has been witnessing robust growth in its market size over the past few years. The market is projected to grow from its 2024 size of $79.64 billion to $87.1 billion by 2025, signalling a compound annual growth rate (CAGR) of 9.4%. Several factors have contributed to this expanding growth over the historical period, including the rise in network automation, increased integration of artificial intelligence (AI), a heightened focus on optimizing network costs, integration of internet of things (IoT), and a surge in multi-cloud adoption.

How Will the Enterprise Networking Market Size Evolve and Grow by 2029?
The size of the enterprise networking market is projected to experience impressive growth in the coming years, expanding to $123.33 billion in 2029 at a compound annual growth rate of 9.1%. This anticipated growth within the forecast period can be ascribed to factors such as rising cloud uptake, escalating cybersecurity threats, increased use of network analytics, and the growth of software-defined networking (SDN) and network virtualization. Notable trends expected during this period encompass the rise of 5G and WIFI 6 technology, integration of security functions with SD-wan technology, ongoing dependency on network automation, adoption of wi-fi 6 (80211ax), and technology advancements.

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What Drivers Are Propelling the Growth of Enterprise Networking Market Forward?
The escalation of cybersecurity hazards is anticipated to fuel the expansion of the enterprise networking market in future. These threats, involving malicious actions intended to confiscate data, destruct, or upset computing systems, are on the rise due to the extension of attack surfaces, the advancement of tactics by harmful actors, increasing circulation of connected gadgets, and heightened reliance on digital infrastructure across varied industries. Enterprise networks mitigate these cybersecurity hazards by implementing firewalls, secure access controls, network segmentation, consistent updates, encryption, security monitoring, personnel education, and endpoint security. For example, the Identity Theft Resource Center (ITRC), a non-profit organization based in the US, reported a 78% spike in data breaches from 1,801 to 3,205 incidents between 2022 and 2023. Hence, the augmenting cybersecurity threats are propelling the expansion of the enterprise networking market.

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Which Emerging Trends Are Transforming the Enterprise Networking Market in 2025?
Leading enterprises in the enterprise networking market are advancing with the creation of groundbreaking technologies like the Net5.5G intelligent cloud-network solutions. This solution is designed to create a business network that links an organization's employees, resources, and applications. Net5.5G integrates cloud computing with networking infrastructure to provide scalable, flexible, and efficient services. For example, in February 2024, Huawei Technologies Co. Ltd., a China-based manufacturer specializing in innovative cloud networking solutions, introduced four Net5.5G intelligent cloud-network solutions that are geared towards speeding up smart transformation and enhancing digital productivity. These solutions are the Net5.5G High-Quality 10 Gbps CloudCampus, Net5.5G Converged WAN, Net5.5G Ultra-Resilient Multi-DC Network, and Net5.5G HiSec SASE. These solutions are designed to boost network quality, improve digital services, provide secure encryption, deliver fault-tolerant services, and offer comprehensive security protection for business branches. Huawei's HiSec SASE Solution utilizes a safe and efficient network architecture, it is unique and stands out with three features, such as rapid threat management in seconds, industry-leading detection capabilities, and pinpoint ransomware prevention.

What Are the Key Segments in the Enterprise Networking Market?
The enterprise networking market covered in this report is segmented -

1) By Component: Product, Services
2) By Deployment Mode: Cloud-Based, On-Premises
3) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
4) By End User: Aerospace And Defense, Education, Media And Communication, Healare, Banking, Financial Services, And Insurance (BFSI), Transportation And Logistics, Other End Users

Subsegments:
1) By Product: Routers, Switches, Network Interface Cards (Nics), Wireless Access Points, Firewalls, Load Balancers, Network Security Appliances, Modems, Gateway Devices, Network Monitoring And Management Tools, Network Cables And Connectors, Virtual Private Network (Vpn) Appliances
2) By Services: Network Consulting Services, Network Design And Architecture Services, Network Integration Services, Managed Network Services, Network Security Services, Network Maintenance And Support Services, Cloud Networking Services, Network Optimization And Performance Management, Installation And Configuration Services, Network Monitoring And Monitoring As A Service (Naas), Disaster Recovery And Business Continuity Services, Training And Technical Support Services

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Who Are the Key Players Shaping the Enterprise Networking Market's Competitive Landscape?
Major companies operating in the enterprise networking market are Dell Technologies Inc., Huawei Technologies Co. Ltd., Lenovo Group Limited, Cisco Systems Inc., Broadcom Inc., Hewlett Packard Enterprise Company (HPE), Nokia Corporation, CommScope Inc., Palo Alto Networks Inc., Juniper Networks Inc., Arista Networks Inc., Fortinet Inc., Citrix Systems Inc., F5 Networks Inc., Check Point Software Technologies Ltd., Ubiquiti Inc., Riverbed HOLDINGS INC., Extreme Networks Inc., Zyxel Communications Corporation, ADTRAN Inc., NETGEAR Inc., D-Link Corporation, SonicWall Inc., Barracuda Networks Inc., Allied Telesis Inc.

What Geographic Markets Are Powering Growth in the Enterprise Networking Market?
Asia-Pacific was the largest region in the enterprise networking market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise networking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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