Network Infrastructure Market to 2025: Investment Analysis, Market Overview and Industry Insights
According to a new report published by Reports Monitor titled, Global Network Infrastructure Market, Growth Opportunities, Innovations and Forecast, 2018-2025,” the global Network Infrastructure market was valued at XX million in 2018, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
Network infrastructure is a modern type of structure used in an organization which is viewed as less hierarchical, more dispersed, and more flexible than other structures. Internal and external coordination as well as controlling is done using network infrastructure. Network infrastructure is in the phase of transition owing to increase in demand of mobile users and leading to increase in mobile traffic. The transition in the market is also referred to as the unbalanced economy and uncertain condition related to networks infrastructure. This shift is bringing new challenges and opportunities to infrastructure vendors.
NI (network infrastructure) market is driven by the increase in IP traffic, which drives the need for network technology including routers and other high-performing network infrastructure, In addition, growing demand from industries such as BFSI, retail, healthcare, research, and manufacturing, is driving the demand for network infrastructure as access to data is very critical in these industries. In contrast to this privacy concerns and information security are some factors which are anticipated to hamper the market.
Network infrastructure market is going to be the opportunity for cost saving in the global network infrastructure market. Deployment of network infrastructure, up gradation and maintenance services will further enhance the opportunity in this market.
The market of network infrastructure is segmented on the basis of cost saving opportunities which includes adoption of technology, supplier competition, adoption of negotiation strategies, optimization of procurement practices, bundling of services.
The global network infrastructure market is studied across: North America, Europe, Asia Pacific and LMAEA (Latin America, Middle East and Africa). Europe and North America regions are matured network infrastructure market as these regions are the early adopters of these technologies and continue to show a steady growth. However, major upgrade in the network infrastructure sector is taking place in these regions to improve the communication and create a more integrated infrastructure. Asia-Pacific nations like Japan, China and India are an budding sector for data center infrastructure industry and are anticipated to see high growth rate in the coming years.
The prominent players in this market are Cisco, HPE/Aruba, Juniper, Huawei, Arista, VMware, Rivebed, Netscout, Extreme Networks, Dell/ EMC.
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