Enterprise Networking Market Size, Drivers and Challenges, Vendor Landscape, Opportunities and Forecast to 2027

Abstract

The global enterprise networking market research report provides an executive-level overview of the current enterprise networking market worldwide, with detailed forecasts of key indicators up to 2027. Published annually, the global enterprise networking market report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by product/service type and verticals across the large enterprise and micro, small & medium enterprise (MSME) markets, as well as a review of key networking market trends as well as the technological developments that are shaping the networking landscape.

The global outlook report provides information and insights into global enterprise networking market

• The primary finding from GlobalData's view of revenue opportunities in the enterprise networking market through to 2027, highlighting the market size and growth by product/service, by region, by vertical and by size band.
• The latest trends impacting the enterprise networking market.
• The market drivers that will facilitate the growth of enterprise networking market.
• The market challenges/inhibitors that may hinder the pervasive adoption of enterprise networking.
• The overview of top ICT vendors in the enterprise networking market.

Scope

• The global enterprise networking market size was pegged at $409.3 billion in 2022. The market is expected to grow at a CAGR of more than 6% during the forecast period (2022-2027). Rising adoption of wireless devices, cloud services, IoT, and other digital solutions, and growing demand for strong enterprise network connectivity amid increase in adoption of work from home and remote working model are driving enterprises to ramp up and strengthen their networking infrastructure and invest in network solutions. .
• According to GlobalData, enterprise networking market would see majority share of its revenue come from networking services segment over the forecast period. Revenue from networking services segment reached $318.7 billion in 2022 and is set to grow up to $437.3 billion in 2027 at a CAGR of more than 6%.
• BFSI and manufacturing are the leading end-use vertical segment for enterprise networking, in terms of revenue contribution, and will remain so over the forecast period.
• Asia Pacific is the leading regional market with revenue pegged at $169.6 billion for 2022 and set to grow up to $245.1 billion by 2027 at a CAGR of more than 7% during the forecast period 2022-2027.

Reasons to Buy

This Global Outlook Report provides a comprehensive assessment of the enterprise networking market. It helps the reader to understand the enterprise networking market landscape, the recent trends, drivers, and challenges/inhibitors shaping the enterprise networking market.

• The report is exhaustive and up-to-date providing market opportunity forecasts in the enterprise networking market from 2022 to 2027, spanning technology segments (services), six regions, 22 verticals, and two size bands.
• The report provides an assessment of enterprise networking vendors.
• The report also discusses the opportunities and recommendations for vendors.