NEWARK, Del, Aug. 01, 2022 (GLOBE NEWSWIRE) — The global network equipment market is expected to be estimated at US$65,788 million by 2032, from US$29,544 million in 2022, and growing at a CAGR 8.3% over the forecast period.

Network equipment is a packet-based network that offers services, including telecommunications services, to its customers and is capable of using transport technologies compatible with Quality of Service (QoS), multiple broadband and in which the service-related functions are independent. underlying transportation technologies.

Network equipment describes the evolution and migration of fixed and mobile network infrastructures, including converged networks, proprietary networks, and other IP-based networks. Network equipment solutions require deployment equipment that includes mobile backhaul equipment, metro access/aggregation, data center switches, enterprise switches, and routers.

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Networking equipment manufacturers focus on designing affordable equipment, offering flexible and scalable solutions, and providing the necessary functionality for the equipment.

To meet the growing demand for IP services among consumers who consume huge amounts of bandwidth every day, system manufacturers continue to invest in next-generation packet-based network elements. This factor is one of the major opportunities for equipment design vendors in the coming years.

Global Networking Equipment Market: Drivers and Challenges

Rapid technological innovation is a primary factor driving the growth of the telecommunications industry. A key innovation is the transformation of a circuit-based public switched telecommunications network into a packet-based network using Internet protocols, known as network equipment.

This transformation includes the shift from traditional copper wire to fiber optic cables that provide high-speed services. NGNs offer several features to support data and voice communication services that encourage the adoption of advanced services by consumers. This factor is expected to have a positive impact on the network equipment market over the forecast period.

Challenges faced by network equipment manufacturers include ensuring full compliance and network interconnection with a wide range of IPv4, MPLS, IPv6, metro Ethernet and network standards. Leverage software investments across various hardware platforms in the face of rapidly changing market demands. Provide packet-based software in time to meet NGN equipment requirements. These factors are expected to pose a challenge for the revenue growth of the global networking equipment market.

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Global Network Equipment Market: Segmentation

The global network equipment market can be segmented into equipment type, company type, and regions.

On the basis of equipment type, the global network equipment market can be segmented into high fiber copper cables, broadband wireless access devices, broadband over power line devices, mobile network devices and other satellite connection devices.

On the basis of business type, the global network equipment market can be segmented into small business, medium business and large business.

Global Networking Equipment Market: Regional Outlook

On the basis of regions, the global network equipment market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa.

North America accounts for the largest market share in the global network equipment market owing to advanced technology and easy adoption in countries such as the United States and majority of equipment manufacturers located in the region. The revolution in the IT and telecommunications sectors offers lucrative growth opportunities for regions such as the Western Europe network equipment market.

The Asia-Pacific ex-Japan region is expected to have the maximum revenue growth potential of the global network equipment market over the forecast period. Latin America, Middle East & Africa, Eastern Europe are among the regions expected to witness positive growth during the forecast period.

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Contents

1. Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply-side trends

1.4. Analysis of the technology roadmap

1.5. Analysis and recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limits

3. Market Context

3.1. Market dynamics

3.1.1. Drivers

3.1.2. Constraints

3.1.3. Opportunity

3.1.4. Tendencies

3.2. Scenario forecast

3.2.1. Demand in the optimistic scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in the conservative scenario

3.3. Opportunity Map Analysis

3.4. Product life cycle analysis

3.5. Supply chain analysis

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