[306 Pages Report] The global network equipment market is forecasted to be valued at US$ 65,788 Million by 2032, up from US$ 29,544 Million in 2022, and advancing at a CAGR of 8.3%during the forecast period.
Traditional telecom operators are adopting more than ISP to operate as per the consumer needs. In order to help end users survive challenges, there has been an acute rise in the demand for network equipment.
Talking about the market game, the public and private players are collaborating strategically in developing economies, which is likely to pan out as a key network equipment market trend during the forecast period.
| Report Attributes | Details |
|---|---|
| Network Equipment Market Value (2022) | US$ 29,544 Million |
| Network Equipment Market Anticipated Value (2032) | US$ 65,788 Million |
| Network Equipment Market Projected Growth Rate (2032) | 8.3% |
Usage of NGN amongst both small and medium-scale enterprises surges the sales of network equipment. Widespread industrialisation aids in the growth of the global network equipment market growth.
NGN enables coherent control of multiple transport technologies like asynchronous transfer mode (ATM), time division multiplexing (TDM), wavelength division multiplexing (WDM), frame relay (FR), etc., via the adoption of network equipment.
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The telecommunication industry is witnessing new innovations and surging demand for network equipment. Supporting high-speed services, voice communication, and data services drives the sales of network equipment.
The adoption of network equipment offers sufficient bandwidth to support increasing data traffic. An increase in public-private partnership (PPP) for NGN development further propels the network equipment market growth.
The reasonably lower operational cost of NGN development expands the network equipment market share. Exponential growth in mobile data traffic and IP increases the adoption of network equipment.
An increasing number of consumers using smartphones and tablets rises the demand for network equipment. NGN advertising partners reach their customers in new and innovative strategies by leveraging the power of the network and escalating the sales of network equipment.
Telecommunication companies providing significant quality and quantity of data via the trend of voice over internet protocol broadens the network equipment market size. Growing demand for faster connectivity, high-speed data transfer with low latency, and high responsive network is addressed with the adoption of network equipment.
Increasing use of services and applications by consumer electronic devices, as well as business usage, escalates the demand for network equipment. Customer terminal equipment providing services by integrated PBX and company webs separately increases demand for network equipment amongst enterprises.
The rising adoption of convergent billing systems and demand for customer care services extends the network equipment market size. Flexible architecture and the transformation, which includes shifting from traditional copper wire to optical fiber cables offering high-speed services, grow the adoption of network equipment.
Growing upgradation of existing infrastructure with advanced systems expands the network equipment market share. Interesting infrastructural development activities in developing countries are contributing to the next generation of network equipment market growth.
High costs associated with R&D activities are likely to curb the sales of network equipment. A rigid regulatory framework in developing economies further obstructs the network equipment market growth.
The reluctance of small service providers to deploy new next-generation technologies hinders the demand for network equipment. Limitations in large-scale technology and infrastructure are likely to further hamper the otherwise steady adoption of network equipment.
Developing the infrastructure and the high costs associated with it impedes the network equipment market share. The slow adoption rate and availability of high-speed technologies in undeveloped countries further obstruct the global network equipment market size. New entrants or players provoking competition in the market thwarts the sales of network equipment. Low awareness about services offered by NGN challenges the network equipment market growth.
Availability of high-speed wireless networks, digital subscriber lines and power line communication, among other technologies, curbs the adoption of network equipment. Regulatory issues and difficulties in the integration of legacy systems using advanced systems hamper the demand for network equipment.
North America dominates the network equipment market share with an approximate revenue share of 34.1% through 2032. Owing to rising technological transformations in the manufacturing sector and growing government initiatives to authorise the implementation of artificial intelligence in various applications.
As the primary hub for all major organisations across the world - the expansion of the retail industry and the growth of IoT are driving demand for network equipment across the globe.
The APEJ (Asia-Pacific excluding Japan) is anticipated to have maximum potential for revenue growth in the global network equipment market. This is attributed to the increasing infrastructural development activities and enormous potential for network connectivity.
On the other hand, Europe is a growing network equipment market, projecting a CAGR of 25.4%. Lucrative growth opportunities for the regions in Western Europe owes to the revolution of IT and telecommunication sectors.
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Start-up companies are rising to the occasion of helping define the landscape of high performance networking, especially in the business sectors. New companies with new ideas, innovations and strategies are emerging overnight with promises of changing the face of communication for the better.
In the metropolitan segment of the U.S. particularly - Corvis Corp., Redback Networks Inc., Tenor Networks, Alidian Networks Inc., Astral Point Communications Inc., etc. are anticipated to launch new-product introductions.
Some of the key players of the network equipment market are Wipro Limited, NEC Corporation, Cisco Systems Inc., Cupola Technology, Fujitsu., Verizon Communications, Inc., ZTE Corporation, Ericsson, Huawei Investments and Holding Co. Ltd., Qualcomm Incorporated, Alcatel-Lucent S.A., Hewlett-Packard Company, Formula Telecom Solutions, AT&T Inc., Amdocs, Carillion, Elitecore Technologies, Computer, WebNMS, Tech Mahindra Limited, IBM Corporation, Oracle Corporation, OpenCloud, Mycom, Tata Consultancy Services Limited, LohNet Systems, Corvis Corp., Redback Networks Inc., Tenor Networks, Alidian Networks Inc., Astral Point Communications Inc., VMware Inc., Juniper Network Inc., F5 Networks Inc., M2 Telecommunication Group, etc.
These companies tirelessly work to bring in new innovations for data transfer as usage of smart devices increase amongst the population. Government investment and R&D activities, contribute to the overall market growth.
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| Report Attributes | Details |
|---|---|
| Growth Rate | CAGR of 8.3% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2016 to 2021 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in USD million and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
| Segments covered | Type, Application, End User and Region |
| Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
| Country scope | USA; Canada; Mexico; Germany; UK; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
| Key companies profiled | Wipro Limited, NEC Corporation, Cisco Systems Inc., , Cupola Technology, Fujitsu., Verizon Communications, Inc., ZTE Corporation, Ericsson, Huawei Investments and Holding Co. Ltd., Qualcomm Incorporated, Alcatel-Lucent S.A., Hewlett-Packard Company, Formula Telecom Solutions, AT&T Inc., Amdocs, Carillion, Elitecore Technologies, Computer, WebNMS, Tech Mahindra Limited, IBM Corporation, Oracle Corporation, OpenCloud, Mycom, Tata Consultancy Services Limited, LohNet Systems, Corvis Corp., Redback Networks Inc., Tenor Networks, Alidian Networks Inc., Astral Point Communications Inc., VMware Inc., Juniper Network Inc., F5 Networks Inc., M2 Telecommunication Group, etc. |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The network equipment market is predicted to grow at a CAGR of 8.3% through 2032.
The network equipment market is expected to surpass US$ 65,788 Mn by 2032.
North America is the leading region in the network equipment market
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Type, 2017-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Type, 2022-2032 5.3.1. High-Fibre Copper Cables 5.3.2. Broadband Wireless 5.3.3. Broadband Devices Over Power Lines 5.4. Y-o-Y Growth Trend Analysis By Type, 2017-2021 5.5. Absolute $ Opportunity Analysis By Type, 2022-2032 6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Application, 2017-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Application, 2022-2032 6.3.1. Business 6.3.2. Industrial 6.3.3. Hospitals 6.3.4. Retail Industry 6.3.5. Corporations 6.3.6. Lifestyle 6.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021 6.5. Absolute $ Opportunity Analysis By Application, 2022-2032 7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By End User 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By End User, 2017-2021 7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By End User, 2022-2032 7.3.1. Small 7.3.2. Medium 7.3.3. Large Enterprises 7.4. Y-o-Y Growth Trend Analysis By End User, 2017-2021 7.5. Absolute $ Opportunity Analysis By End User, 2022-2032 8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021 8.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Type 9.2.3. By Application 9.2.4. By End User 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Type 9.3.3. By Application 9.3.4. By End User 9.4. Key Takeaways 10. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Type 10.2.3. By Application 10.2.4. By End User 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Type 10.3.3. By Application 10.3.4. By End User 10.4. Key Takeaways 11. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. U.K. 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Type 11.2.3. By Application 11.2.4. By End User 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Type 11.3.3. By Application 11.3.4. By End User 11.4. Key Takeaways 12. Asia Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Malaysia 12.2.1.5. Singapore 12.2.1.6. Australia 12.2.1.7. New Zealand 12.2.1.8. Rest of APAC 12.2.2. By Type 12.2.3. By Application 12.2.4. By End User 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Type 12.3.3. By Application 12.3.4. By End User 12.4. Key Takeaways 13. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country 13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Israel 13.2.1.4. Rest of MEA 13.2.2. By Type 13.2.3. By Application 13.2.4. By End User 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Type 13.3.3. By Application 13.3.4. By End User 13.4. Key Takeaways 14. Key Countries Market Analysis 14.1. U.S. 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2021 14.1.2.1. By Type 14.1.2.2. By Application 14.1.2.3. By End User 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2021 14.2.2.1. By Type 14.2.2.2. By Application 14.2.2.3. By End User 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2021 14.3.2.1. By Type 14.3.2.2. By Application 14.3.2.3. By End User 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2021 14.4.2.1. By Type 14.4.2.2. By Application 14.4.2.3. By End User 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2021 14.5.2.1. By Type 14.5.2.2. By Application 14.5.2.3. By End User 14.6. U.K. 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2021 14.6.2.1. By Type 14.6.2.2. By Application 14.6.2.3. By End User 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2021 14.7.2.1. By Type 14.7.2.2. By Application 14.7.2.3. By End User 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2021 14.8.2.1. By Type 14.8.2.2. By Application 14.8.2.3. By End User 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2021 14.9.2.1. By Type 14.9.2.2. By Application 14.9.2.3. By End User 14.10. China 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2021 14.10.2.1. By Type 14.10.2.2. By Application 14.10.2.3. By End User 14.11. Japan 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2021 14.11.2.1. By Type 14.11.2.2. By Application 14.11.2.3. By End User 14.12. South Korea 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2021 14.12.2.1. By Type 14.12.2.2. By Application 14.12.2.3. By End User 14.13. Malaysia 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2021 14.13.2.1. By Type 14.13.2.2. By Application 14.13.2.3. By End User 14.14. Singapore 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2021 14.14.2.1. By Type 14.14.2.2. By Application 14.14.2.3. By End User 14.15. Australia 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2021 14.15.2.1. By Type 14.15.2.2. By Application 14.15.2.3. By End User 14.16. New Zealand 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2021 14.16.2.1. By Type 14.16.2.2. By Application 14.16.2.3. By End User 14.17. GCC Countries 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2021 14.17.2.1. By Type 14.17.2.2. By Application 14.17.2.3. By End User 14.18. South Africa 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2021 14.18.2.1. By Type 14.18.2.2. By Application 14.18.2.3. By End User 14.19. Israel 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2021 14.19.2.1. By Type 14.19.2.2. By Application 14.19.2.3. By End User 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Type 15.3.3. By Application 15.3.4. By End User 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Wipro Limited 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.1.5.2. Product Strategy 16.1.1.5.3. Channel Strategy 16.1.2. NEC Corporation 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.2.5.2. Product Strategy 16.1.2.5.3. Channel Strategy 16.1.3. Cisco Systems Inc. 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.3.5.2. Product Strategy 16.1.3.5.3. Channel Strategy 16.1.4. Cupola Technology 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.4.5.2. Product Strategy 16.1.4.5.3. Channel Strategy 16.1.5. Fujitsu. 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.5.5.2. Product Strategy 16.1.5.5.3. Channel Strategy 16.1.6. Verizon Communications, Inc. 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.6.5.2. Product Strategy 16.1.6.5.3. Channel Strategy 16.1.7. ZTE Corporation 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.7.5.2. Product Strategy 16.1.7.5.3. Channel Strategy 16.1.8. Ericsson 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.8.5.2. Product Strategy 16.1.8.5.3. Channel Strategy 16.1.9. Huawei Investments and Holding Co. Ltd. 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.9.5.2. Product Strategy 16.1.9.5.3. Channel Strategy 16.1.10. Qualcomm Incorporated 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.10.5.2. Product Strategy 16.1.10.5.3. Channel Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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REP-GB-5984
October 2022
342 pages
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