Global Enterprise Network Equipment Market
The GMI Research suggests that the Enterprise Network Equipment Market is witnessing an increase in demand over the forecast period. This is mainly due to the rising need to enhance production efficiency across organizations, aggravating complications and assortment of cyber auctions, and the intensifying usage of cloud computing by large businesses and SMEs.
Introduction of the Enterprise Network Equipment Market
Enterprise Networking is the virtual, physical, and logical design of a network to assist the operation of the hardware, software, and protocols together to transmit information. The network is made up of switches, routers, and wireless access points.
Leading Players of Market:
- 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 Dynamics
The prominent drivers contributing to the growth of the global enterprise network equipment market include the rising cases of cyber-attacks, mainly across the banking and defense sectors, the augmenting integration of IoT – enabled devices, accompanied by the stimulating seepage of cloud computing by small, medium, and large enterprises. As per the Identity Theft Resource Center, the accumulated cases of data violation in the United States have extended to nearly 1473 million in 2019, which was 419 million in 2011. In addition, the strong demand for connected devices across the nations is strengthening the Enterprise Network Equipment market size led by the beneficial features to encourage real-time communication. Moreover, the transpiring inclination towards the Internet of Things and BYOD has raised the cyber-crimes which promoted corporations to sanction these solutions. The report published by Cisco stated that approximately 46% of the network devices are projected to be machine-to-machine or IoT by 2020, which are assaulted to attacks. Moreover, the complete implementation of these connected devices has lodged the sectors with WANs, which are versatile to cater to the stimulating demand for individuals.
Enterprise Network Equipment Market Segmentation:
Segmentation by Product Type
- LAN Switches
- Datacentre Networking Equipment
- Firewall Equipment
Segmentation by Organization Size
- Small and Medium Enterprises
- Large Enterprises
Segmentation by Region:
- Asia Pacific
- Rest of APAC
- North America
- United States of America
- United Kingdom
- Rest of Europe
- Saudi Arabia
- South Africa
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI is a market research and consulting company providing business insights and market research reports for small & medium enterprises and large organizations. The team helps clients to apprehend the impact of dynamics such as size, share, drivers, growth opportunities, and other aspects. Our team of analysts and industry experts carry out market intelligence studies to certify relevant and fact-based research across various sectors like FMCG, Technology, Energy and Healthcare. Spotlighted as one of the ‘20 Most Promising Market Research Consultants’ in Silicon India Magazine in 2018, we look forward to help business stay out of the curve.