The Global Market for Enterprise Network Equipment is Projected to Reach US$30.6 Billion by 2020
Shift Towards Wireless Application Driven
Network Drives Demand for Enterprise Network Equipment, According to a New
Report by Global Industry Analysts, Inc.
GIA
announces the release of a comprehensive global report on Enterprise Network
Equipment. The
global market for Enterprise Network Equipment is projected to reach US$30.6 billion
by 2020, driven by rising bandwidth requirements, expanding mobile
workforce, growing base of mobile Internet devices, and accelerating shift
towards wireless systems.
An
enterprise network is the communication backbone of an enterprise, which
enables connectivity between computers and other electronic devices across
various departments and workgroups to enable easy data accessibility.
Enterprise network makes devices and systems interoperable, thereby enhancing
external and internal data management. Enterprise network equipment, as key
components in an enterprise network, comprises Routers, Ethernet Switches, WLAN
Equipment and Application Acceleration Equipment, among others. Growing
enterprise networking requirement is therefore presenting lucrative demand opportunities
for enterprise network equipment. Additionally, expanding mobile workforce and
proliferation of Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD)
trends are driving demand for WLAN equipment. The BYOD and CYOD trends, epitomizing
the concept of any device and/or preapproved device used anywhere, is fuelling
the need for mission-critical mobility apps and pervasive wireless networks. The
scenario is spurring demand for resilient, scalable, intelligent, and secure
mobile network infrastructure.
Demand
for Ethernet switches and routers, is declining owing to emergence and growth
in the popularity of wireless equipment. Strong demand for Internet-enabled
devices and increasing adoption of virtualization technology are also driving
growth in the market. Growing bandwidth requirements is leading to a shift
towards high-speed infrastructure. The emergence of 100GE switch ports and
software is expected to result in the decline of 1GE, 10GE and 40GE switch
ports in the Ethernet Switches market, with enterprises favoring advanced
technology and features in their network. Pricing pressures are expected to subdue
growth in the enterprise routers market.
Within
the WLAN segment, adoption of 802.11ac standard continues to register
overwhelming growth. High-speed wireless data transmission capabilities,
competitive pricing and end-to-end product choices are driving adoption of
802.11ac standard over 802.11n standard. Also, webification of enterprise
applications and consolidation of IT infrastructure are driving demand for
application delivery controllers, especially WAN optimization controllers. As
stated by the new market research report on Enterprise Network Equipment, the United
States represents the largest market Worldwide. Asia-Pacific ranks as the fastest
growing market with a CAGR of 3% over the analysis period.
Major
players covered in the report include ADTRAN Inc., Alcatel-Lucent Enterprise,
Aruba Networks Inc., Avaya Inc., Blue Coat Systems Inc., Brocade Communications
Systems Inc., Cisco Systems Inc., Citrix Systems Inc., Dell Inc., F5 Networks
Inc., Hewlett-Packard Development Company, L.P., Huawei Technologies Co. Ltd.,
Juniper Networks Inc., Radware Ltd., Riverbed Technology Inc., and Ubiquiti
Networks Inc. among others.
The research report titled “Enterprise
Network Equipment: A Global Strategic Business Report” announced by Global
Industry Analysts Inc., provides a comprehensive
review of market trends, issues, drivers, company profiles, mergers,
acquisitions and other strategic industry activities. The report provides market
estimates and projections in US$ for all major geographic markets such as the US,
Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of
Europe), Asia-Pacific (Australia, China, India, South Korea and Rest of
Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of
World.
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