Enterprise Network Equipment Market Size Research Report
Growth opportunities in the Enterprise Network Equipment
Market look promising over the next six years. This is mainly due to the rising
complexity and diversity of cyber auctions and the intensifying utilization of
cloud computing by large businesses and SMEs.
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Enterprise Network Equipment Market Dynamics
(including market size, share, trends, forecast, growth, forecast, and industry
analysis)
Key
Drivers
The global enterprise
network equipment market is forecasted to witness faster growth in the near
future. This is mainly because of the increasing incidences of cyber-attacks,
primarily in the banking and defense sectors. Also, the augmenting
complications and assortments have raised the need to execute network security
tools to reduce the possibility of extensive data thievery. In accordance with
the Identity Theft Resource Center, the comprehensive number of data violation
cases in the United States has extended to approximately 1473 million in 2019,
which was nearly 419 million in 2011. In addition, the robust demand for
connected devices throughout the world is bolstering the enterprise network
equipment market size owing to its beneficial feature to support real-time
communication. The consequential increase in the implementation of IoT –
enabled devices has directed enterprises to effectuate these solutions.
Furthermore, the surge in the deployment of cloud computing by small, medium,
and large enterprises across industries will bring enormous growth
opportunities for the market.
In addition, the emerging drift towards the Internet of
Things and BYOD has raised the number of cyber-crimes which has persuaded
corporations to enact these solutions. According to the report published by
Cisco, about 46% of the network devices will be machine-to-machine or IoT by
2020, which are assailable to attacks. In order to completely implement these
connected devices, the sectors have to be equipped with WANs, which are
flexible to serve the escalating demand for individuals.
Regional
Drivers
Based on the regional coverage, North America is expected to
lead the market during the forecast period. This is primarily attributed to the
prevalence of prominent players such as Dell Inc., Extreme Networks, Inc.,
Juniper Networks, Inc., and Arista Networks, Inc. Various leading companies are
emphasizing on enhancing the network equipment technologies. Aruba, in 2020,
launched enterprise-class telework hardware and plug-play installation,
identity-based security, and other management solutions.
Enterprise
Network Equipment Market’s leading Manufacturers:
·
NETSCOUT
·
Fortinet, Inc.
·
Extreme Networks
·
Huawei Technologies Co., Ltd.
·
Aruba (Hewlett Packard Enterprise Development
LP)
·
VMware, Inc.
·
Arista Networks, Inc.
·
Dell Inc.
·
Juniper Networks, Inc.
·
Cisco Systems
Enterprise Network Equipment Market Segmentation:
Segmentation by Product Type
·
Router
·
LAN Switches
·
WLAN
·
Datacentre Networking Equipment
·
Firewall Equipment
Segmentation by Organization Size
·
Small and Medium Enterprises
·
Large Enterprises
Segmentation by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
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