Global Network Equipment Market Report By Component (Hardware (RAN, Core Network, Fixed Access, Others), Software (Infrastructure Software, OSS/BSS, Others), Services, Professional Services (Advisory/Consulting (Design / Optimization, Tools & Automation, Security), Deployment Services (Testing, Installation, Integration)), Managed Services (Network Performance & Management, App / Data Management, RAN Operation Support, Core Operation Support, Security, Training)), By Connectivity (2G/3G, 4G LTE, 5G), By Network Type (Public Network, Private Network), By End-user (Telecom Operators, Enterprises (Public Safety, Healthcare, Retail and E-Commerce, Banking, Financial Services, & Insurance, Government & Defense, Manufacturing, Others)) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Network Equipment Market is presumed to reach the market size of nearly USD 204.17 BN by 2030 from USD 145.9 BN in 2022 with a CAGR of 4.29% under the study period 2023 - 2030.

Network equipment refers to the hardware devices and components used in computer networks to facilitate communication, data transmission, and connectivity between various devices and systems. These devices form the infrastructure of a network, enabling data exchange and communication across local area networks (LANs), wide area networks (WANs), or the Internet.

Market Dynamics

The escalating demand for connectivity, fueled by the proliferation of devices, IoT applications, and digital transformation, propels the need for advanced network equipment. The emergence of 5G technology and next-generation networks requires upgraded equipment capable of handling high-speed data and increased connectivity demands. The widespread shift to remote work and digitalization necessitates robust and secure network infrastructure, boosting investments in network equipment to support remote access and digital workflows. The expansion of data centers to accommodate the surge in data volume and cloud services further drives the demand for high-performance network gear. Heightened cybersecurity concerns prompt investments in network equipment with advanced security features to combat evolving threats. Additionally, the rise of edge computing, IoT growth across industries, and the need for network modernization contribute to the escalating demand for efficient, secure, and future-ready network equipment.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of network equipment. The growth and trends of network equipment industry provide a holistic approach to this study. 

Market Segmentation

This section of the network equipment market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Component

• Hardware (RAN, Core Network, Fixed Access, Others)
• Software (Infrastructure Software, OSS/BSS, Others)
• Services
• Professional Services (Advisory/Consulting (Design / Optimization, Tools & Automation, Security), Deployment Services (Testing, Installation, Integration))
• Managed Services (Network Performance & Management, App / Data Management, Ran Operation Support, Core Operation Support, Security, Training)

By Connectivity

• 2G/3G
• 4G LTE
• 5G

By Network Type

• Public Network
• Private Network

By End-User

• Telecom Operators
• Enterprises (Public Safety, Healthcare, Retail And E-Commerce, Banking, Financial Services, & Insurance, Government & Defense, Manufacturing, Others)

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Network Equipment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Network Equipment Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Network Equipment market include Telefonaktiebolaget LM Ericsson, Nokia Corporation, Samsung Electronics Co., Ltd., ZTE Corporation, Juniper Networks Inc., Huawei Technologies Co., Ltd., Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, Broadcom, ALE International (Alcatel-Lucent). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.