Global Enterprise Network Equipment Market Report 2021: Wider Availability of IPv6 Ready Products to Drive Adoption among Enterprises
Dublin, Aug. 20, 2021 (GLOBE NEWSWIRE) -- The "Enterprise Network Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Enterprise Network Equipment Market to Reach $97.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Enterprise Network Equipment estimated at US$67.4 Billion in the year 2020, is projected to reach a revised size of US$97.2 Billion by 2027, growing at a CAGR of 5.4% over the analysis period 2020-2027.
WLAN, one of the segments analyzed in the report, is projected to record a 6.4% CAGR and reach US$37.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Network Security segment is readjusted to a revised 5.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $18.3 Billion, While China is Forecast to Grow at 8.4% CAGR
The Enterprise Network Equipment market in the U.S. is estimated at US$18.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$20.5 Billion by the year 2027 trailing a CAGR of 8.4% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.
Access Points & Controllers Segment to Record 4.3% CAGR
In the global Access Points & Controllers segment, USA, Canada, Japan, China and Europe will drive the 3.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$7.5 Billion in the year 2020 will reach a projected size of US$9.8 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$13 Billion by the year 2027, while Latin America will expand at a 5.3% CAGR through the analysis period.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Enterprise Ethernet Switching: A Changing Market
Shifts in Switch Ports Imperative
Modular Vs Fixed Configuration Switches
Recent Market Activity
Routers Market
Routing Market Set to Decline
Shift in Speeds Continue in Routers
Edge Routers to Lose Relevance
Gradual Shift From Wired to Wireless Networking - A Challenge for Routers
Adoption of 100 GBE (Gigabit Ethernet) - Business Case for Ethernet Switches and Routers
Wi-Fi 802.11ac Spurs Opportunities for Router Sales
Preference for Virtualization - A Threat to Routers Market?
WLAN Market - An Overview
Increasing WLAN Deployments Spurs Growth in Enterprise Network Market
Proliferation of Wi-Fi Technology Drives Growth for Enterprise WLAN Equipment
Growth in Mobile Computing and BYOD Culture Bodes Well for the Market
Mobile Technology Replacing Wired Networking, Drives WLAN Equipment Market
Shift from LTE to Wi-Fi Supports Growth of WLAN Equipment
Transition to 802.11ac Standard - A Significant Technological Breakthrough
Expansion of Cloud Networking Drives the WLAN Market
WAN Optimization - Maximizing WAN Performance
Rationale for Adoption of WOCs
Growth in Branch Office Operations Drive Demand for WOC
Consolidation of Existing IT Infrastructure Fuels WOC Adoption
Increasing Workforce Mobility to Drive Business Case for WOCs
Wider Availability of IPv6 Ready Products to Drive Adoption among Enterprises
Other Trends
Factors Determining Sustainability of Enterprise Network Equipment
Operating Life Affects Useful Life of Enterprise Network Equipment
Enhancing Products' Useful Life
Considering Operating Cost
EOL Policies and Announcements by Vendors
Application Delivery Controls (ADCs) Market
'Webification' of Enterprise Applications Opens Up Huge Opportunities for ADC
ADCs Infuse Efficiency in Web Applications Delivery
Enterprise Data Centers: The Core End-Users of ADC
Features Influencing Uptake of ADCs in Enterprises: Ranked in Order of Influence
Rising Data Center Activity Bodes Well for Market Growth
ADC Gaining Priority in Consolidated Data Center
ADC Deployments Remain High Among Large Enterprises & MNCs
SMBs Aim to Leverage ADC's Proficiency in Load Balancing & Traffic Optimization
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS (Total 55 Featured)
A10 Networks, Inc. (USA)
ADTRAN, Inc. (USA)
Aerohive Networks, Inc. (USA)
Alcatel-Lucent Enterprise (France)
Brocade Communications Systems, Inc. (USA)
Cisco Systems, Inc. (USA)
Citrix Systems, Inc. (USA)
Dell Technologies Inc. (USA)
D-Link Corporation (Taiwan)
EnGenius Technologies (USA)
Extreme Networks, Inc. (USA)
F5 Networks, Inc. (USA)
Hewlett Packard Enterprise Development LP (USA)
Aruba Networks, Inc. (USA)
Huawei Technologies Co. Ltd. (China)
Juniper Networks, Inc. (USA)
Radware Ltd. (Israel)
Riverbed Technology, Inc. (USA)
Symantec Corporation (USA)
Ubiquiti Networks, Inc. (USA)
ZTE Corporation (China)
3. MARKET TRENDS & DRIVERS
Gradual Transition to IPv6 Entails Need for Compatible Network Equipment
Rising Adoption of Web-Enabled Devices to Boost Market Prospects
Expanding Broadband Connectivity and WiFi 5Ghz Technology Spurs Adoption
Opportunity Indicators:
Increasing Proliferation of Smartphones & Tablets: Opportunity for Growth
Expanding Mobile Internet and Advancing 3G/4G Networking Technologies
Globalization & Workforce Decentralization - Business Cases for Enterprise Network Equipment
Key Statistical Findings
Improving Economy to Bode Well for Market Growth
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
United States
Canada
Japan
China
Europe
France
Germany
Italy
United Kingdom
Spain
Russia
Rest Of Europe
Asia-Pacific
Australia
India
South Korea
Rest Of Asia-Pacific
Latin America
Argentina
Brazil
Mexico
Rest Of Latin America
Middle East
Iran
Israel
Saudi Arabia
United Arab Emirates
Rest Of Middle East
Africa
IV. COMPETITION
Total Companies Profiled: 55
For more information about this report visit https://www.researchandmarkets.com/r/kpv3o3
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