How big is the Enterprise Network Equipment Market?

The Enterprise Network Equipment Market size is expected to reach USD 72.44 billion in 2024 and grow at a CAGR of 11.35% to reach USD 124.00 billion by 2029. Read More

What is the current Enterprise Network Equipment Market size?

In 2024, the Enterprise Network Equipment Market size is expected to reach USD 72.44 billion. Read More

Who are the key players in Enterprise Network Equipment Market?

Cisco Systems Inc., Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., Juniper Networks Inc. and Arista Networks Inc. are the major companies operating in the Enterprise Network Equipment Market. Read More

Which is the fastest growing region in Enterprise Network Equipment Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Enterprise Network Equipment Market?

In 2024, the North America accounts for the largest market share in Enterprise Network Equipment Market. Read More

What years does this Enterprise Network Equipment Market cover, and what was the market size in 2023?

In 2023, the Enterprise Network Equipment Market size was estimated at USD 65.06 billion. The report covers the Enterprise Network Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Enterprise Network Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What challenges does the Enterprise Networking Equipment Market face?

The key challenges faced by the Enterprise Networking Equipment Market: a) Cybersecurity threats b) High costs of advanced network equipment c) Complexity of network management and integration Read More

Enterprise Network Equipment Market Share

Statistics for the 2023 & 2024 Enterprise Network Equipment market share, created by Mordor Intelligence™ Industry Reports. Enterprise Network Equipment share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Enterprise Network Equipment Industry

The enterprise network equipment market is moderately competitive and consists of a few market players enjoying a significant market share. A few major players currently dominate the market in terms of market share. These market leaders with significant market shares are focusing on expanding their consumer base overseas. Network equipment should also meet the Restriction of Hazardous Substances (RoHS) directive from the European Union (EU), which makes limited numbers of suppliers meet such standards for enterprise use. These companies leverage strategic collaborative initiatives to increase their market share and profitability. The companies operating in the market are also acquiring start-ups working on enterprise network equipment technologies to strengthen their product capabilities

In March 2022, OneCloud CCaaS composable solutions from Avaya, a provider of solutions to improve and streamline communications and collaboration, and Alcatel-Lucent Enterprise (ALE), a global provider of communications, networking, and cloud solutions, announced a strategic partnership that expands the availability of ALE's digital networking solutions to Avaya customers globally.