About Enterprise Network
Enterprise Network Refers to the IT infrastructure that midsize and large organization used to provide connectivity among user, devices and applications. Enterprise network refers to the physical, virtual, or logical connectivity of the organization’s users, devices, systems, and applications. The goal is to support the organizations' objectives by consistently delivering connected digital services reliably and securely to workers, partners, customers, and, increasingly, also things. The adoption of cloud computing services is the primary driver for Enterprise Networking Market growth. Enterprise networking provides fast and reliable connectivity for end users as well as applications. The driving forces and potential obstacles, along with implementing the mentioned strategies, the Enterprise Networking market can continue its upward trajectory and provide solutions for secure, efficient, and scalable networks to meet the ever-growing demands of modern businesses.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 5.4% |
The competitive landscape is shaped by factors such as technological innovation, product differentiation, strategic partnerships, and customer-centric approaches. They are focusing on expanding their market presence by adopting numerous growth strategies such as mergers and acquisitions, partnerships, collaborations, and product launches. To gain a competitive edge, companies engage in strategic partnerships and acquisitions to expand their product portfolios and enhance their market presence. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Enterprise Network market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Adtran (United States), Alcatel-Lucent SA (France), Arista Networks (United States), Brocade Communication Systems (United States), Robert Bosch GmbH (Germany), Johnson Controls International (Ireland), ZTE Corporation (China), Engenius Technologies (United States), Huawei Technologies (China) and Juniper Networks (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Siemens (Germany), Toyota Motor Corporation (Japan), ABB (Switzerland), Honeywell International (United States) and Schneider Electric (France).
Segmentation Overview
AMA Research has segmented the market of Global Enterprise Network market by Type (Local Area Networks, Wide Area Networks and Cloud Networks) and Region.
On the basis of geography, the market of Enterprise Network has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Large Enterprises will boost the Enterprise Network market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticles, the sub-segment i.e. BFSI will boost the Enterprise Network market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. On-Premises will boost the Enterprise Network market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware will boost the Enterprise Network market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Artificial intelligence and machine learning
Market Growth Drivers:
Growing Adoption of wireless devices and Rising Demand of Cloud Computing Services
Challenges:
Network monitoring and management
Restraints:
Economic downturns can lead to reduced IT budgets, impacting investments in enterprise network solutions.
Opportunities:
Adoption of Next-Generation Networking Technologies and Cost-Effectiveness and Sustainability
Market Leaders and their expansionary development strategies
In November 2023, Palo Alto Networks and VMware deepen entered into the partnership. These leading security and network virtualization companies further enhance their existing collaboration. The integrated solutions combine Palo Alto Networks' advanced security features with VMware's NSX technology, providing comprehensive security and agility for hybrid and multi-cloud environments.
In November 2023, Juniper Networks introduces AI-powered security platform where the new "Apstra Intent Analytics" leverages AI and machine learning to automate security incident detection and response, streamlining threat mitigation for network administrators.
Key Target Audience
IT Decision Maker, Manufacturers, Potential Investors, Large Enterprises and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.