Dublin, May 07, 2025 (GLOBE NEWSWIRE) -- The "Enterprise Networking Market by Networking Devices (Routers, Switches, Firewalls, Access Points), Technology (SDN, SD-WAN, SASE, Intent-Based Networking), Network (Branch, Remote, Campus, Datacenter), Connection (Wired, Wireless) - Global Forecast to 2029" has been added to ResearchAndMarkets.com's offering.
The Enterprise Networking Market is projected to grow from USD 115.8 billion in 2024 to USD 175.2 billion by 2029, at a CAGR of 8.6%
This expansion is driven by an increased demand for cloud services, efficient data management, AI/ML adoption for automated network tasks, and the rising trend of network virtualization. These aspects have accelerated the adoption of enterprise networking solutions, fostering more efficient resource use and simplified infrastructure management.
Additional growth drivers include the adoption of IoT devices, ongoing digital transformation, and heightened cybersecurity concerns. Networking software such as network automation and virtualization, along with security solutions like SASE, address critical needs for automation, efficiency, security, and flexibility in IT infrastructures. The integration of SD-WAN and SASE further propels market growth as enterprises favor a more unified approach to network security solutions.
The service providers segment is anticipated to dominate the market size during the forecast period.
Service-based end users, including cloud and telecom service providers, are projected to lead market growth as enterprises increasingly outsource IT and networking solutions. Cloud service providers are vital as enterprises move to cloud environments for scalability and cost efficiency. The proliferation of SaaS, PaaS, and IaaS enhances this segment's growth. Meanwhile, the advent of 5G networks enables high-performance solutions necessary for managing data traffic for technologies like IoT and edge computing, solidifying service-based growth as a pivotal driver in the enterprise networking market.
The data center network segment is expected to witness the highest growth.
This surge is attributable to demand for solutions in cloud computing, big data analytics, and storage. The migration of workloads to cloud infrastructures increases demand for robust data center networks. The rise in digital services, e-commerce, and streaming platforms bolsters the need for hyperscale data centers. Virtualization, SDN, and NFV enhance data center networks' efficiency, fostering necessary scalability amidst growing data volumes.
Asia Pacific is forecasted to experience the highest growth rate.
The region's growth is propelled by digital technology adoption across developing economies engaged in digital transformation initiatives, urbanization, and increasing internet penetration. Investments in telecom and cloud computing sectors further drive growth. Government initiatives and infrastructure development contribute to this upswing, alongside the SME sector's expansion, indicating heightened adoption of sophisticated networking solutions.
Competitive landscape
Key market players include Cisco Systems, Broadcom, Hewlett Packard Enterprise, Juniper Networks, Extreme Networks, Huawei, Fortinet, Cloudflare, Alcatel-Lucent Enterprise, Arista Networks, and many more. These companies have adopted strategies such as partnerships, product launches, and acquisitions to expand their market presence.
Research Coverage
The market study examines the Enterprise Networking market size across various segments. It estimates market size and growth potential across segments like offerings, end user, network, deployment mode, connection type, technology, and region. Offerings include networking devices, software, and services.
End users include service providers and enterprises, subdivided into sectors like BFSI, IT & ITeS, manufacturing, healthcare, and others. Networks are categorized into branch, remote, campus, and data center networks. Connection types encompass wired and wireless options. Technology categories include SDN, NFV, SD-WAN, SASE, and more.
The report provides insights on the following pointers:
- Analysis of key drivers, restraints, opportunities, and challenges influencing market growth.
- Product Development/Innovation: Upcoming technologies and new product launches.
- Market Development: Insights into lucrative regional markets.
- Market Diversification: Opportunities in new products, untapped geographies, and recent investments.
- Competitive Assessment: Market shares and strategies of leading players like Cisco Systems, Broadcom, Hewlett Packard Enterprise, Juniper Networks, and others.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 374 |
| Forecast Period | 2024 - 2029 |
| Estimated Market Value (USD) in 2024 | $115.8 Billion |
| Forecasted Market Value (USD) by 2029 | $175.2 Billion |
| Compound Annual Growth Rate | 8.6% |
| Regions Covered | Global |
Market Dynamics
Drivers
- Increasing Focus on Advanced Cybersecurity Measures
- Growing Shift Toward Cloud-based Services
- Adoption of AI/ML Solutions to Automate Network Management Tasks
Restraints
- High Initial Investments
- Managing High Costs of Wan Links
Opportunities
- Implementation of Zero Trust Security Architecture
- Growth in Edge Computing
- Introduction of Quantum-Safe Networks
Challenges
- Complex Network Environments
- Regulatory and Compliance Issues
Case Study Analysis
- Private Healthcare Firm Recoletas Salud Used Juniper AI-Native Networking Platform to Enhance Patient Experience
- Cb&S Bank, with Penchant for M&A, Used Fortinet Security Fabric to Simplify Networking and Security
- Mexico's Cenace Built Agile, High-Capacity Network Using Huawei's High-Quality 10 Gbps Smart Power Campus Solution
- Extreme Networks Powered Santa Casa's Advanced Healthcare Services
- Dhl Collaborated with Cisco to Meet Demands of Digital Transformation
- Broadcom's Dx Netops Helped Altice Portugal Gain Visibility into Traditional and Software-Defined Networks
Company Profiles
- Cisco Systems, Inc.
- Hewlett Packard Enterprise (Hpe)
- Huawei Technologies Co. Ltd.
- Juniper Networks
- Broadcom
- Fortinet
- Arista Networks, Inc.
- Extreme Networks, Inc.
- Cloudflare
- Check Point Software Technologies
- Riverbed Technology
- Solarwinds
- Palo Alto Networks
- F5 Networks
- Alcatel-Lucent Enterprises
- Pica8
- Versa Networks
- Aryaka Networks
- A10 Networks
- Cato Networks
- Flexiwan
- Lavelle Networks
- Bigleaf Networks
- Cambium Networks
- Megaport
- Peplink
For more information about this report visit https://www.researchandmarkets.com/r/wny1hg
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