Networking Equipment Market
Networking Equipment Market - Global Industry Assessment & Forecast
Segments Covered
- By Component Hardware, Software, Services
- By Connectivity 2G/3G , 4G LTE , 5G
- By Network Type Public Network , Private Network
- By End-user Telecom Operators, Enterprises, Public Safety, Healthcare, Retail and e-Commerce, Banking, Financial Services, & Insurance, Government & Defense, Manufacturing, Others
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 140.1 Billion |
Revenue 2030: | USD 184.47 Billion |
Revenue CAGR (2023 - 2030): | 3.5% |
Fastest Growing Region (2023 - 2030) | North America |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Networking Equipment Market by Component by Connectivity by Network Type by End-user by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Networking Equipment in terms of revenue?
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The global Networking Equipment valued at USD 140.1 Billion in 2022 and is expected to reach USD 184.47 Billion in 2030 growing at a CAGR of 3.5%.
Which are the prominent players in the market?
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The prominent players in the market are Telefonaktiebolaget LM Ericsson, Nokia Corporation, Samsung Electronics Co., Ltd., ZTE Corporation, Juniper Networks, Inc., Huawei Technologies Co., Ltd., Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, Broadcom, ALE International (Alcatel-Lucent).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 3.5% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Networking Equipment include
- Increasing demand for connectivity
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Networking Equipment in 2022.