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Global Network Equipment Market to reach USD 187.91 billion by the end of 2029.

Global Network Equipment Market Size study & Forecast, by Component (Hardware, Software, Services) by Connectivity (2G/3G, 4G LTE, 5G), by Network Type (Public Network, Private Network), by End-user (Telecom Operators, Enterprises) and Regional Analysis, 2022-2029

Product Code: ICTNS-95511534
Publish Date: 10-04-2023
Page: 200

Global Network Equipment Market is valued approximately USD 142.70 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.50% over the forecast period 2022-2029. Information packets are combined, divided, switched, amplified, or directed along a computer or telecommunications network using network equipment. The group of parts utilised to build the network infrastructure makes up the network equipment. The market comprises of hardware, software, and associated services for network equipment. One of the main reasons influencing demand for network equipment is the growing deployment of Internet of Things (IoT) enabled devices across commercial, consumer, and industrial infrastructure. The usage of connected devices within enterprises to extract pertinent information from business data is predicted to increase further with the introduction of 5G technology. Moreover, rising technological advancement in the market is creating lucrative growth for the market over the forecast period.

The growing deployment of 5G technology is driving the growth for the market over the forecast period. In January 2021, U.S. ignite began a technology pilot programme at the San Diego-based Marine Corps Air Station (MCAS) Miramar’s 5G Living Lab. Along with this, In August 2022, the Indian army has also developed the 5G network which is majorly used to improve the communication and get the high-speed data for the better network for the operational requirements. However, the high cost of Network Equipment stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Network Equipment Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In terms of revenue share, Asia Pacific is dominating as well as fastest growing region in 2021. Due to the region’s propensity for embracing new technologies, there is a significant penetration of next-generation network infrastructure and equipment. For instance, Huawei Technologies Co., Ltd. announced that it would look into uplink spectrum reconstruction, green air interfaces, ultra-high bandwidth, ELAA-MM, and native intelligence to help operators build “1+1+N” 5.5G networks and upgrade network capabilities in April 2022 at the Huawei Global Analyst Summit (HAS) 2022. The dominance of the Asia Pacific area is anticipated to be maintained by such advancements across the region.

Major market player included in this report are:
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
ALE International (Alcatel-Lucent)

Recent Developments in the Market:
 A partnership between Ericsson and Turkcell for the digitization of sectors utilising Ericsson’s Private Network technology was announced in April 2022. Turkcell received help from Ericsson in locating and evaluating potential use cases for sector engagement opportunities through a dedicated, on-premise Ericsson Private Networks solution.
 In November 2022, businesses, consumers, and internet service providers (ISPs), TP-Link has announced the first Wi-Fi 7 products in the globe, further establishing its dominance in the WLAN market. These gadgets have the potential to alter how we interact with technology and utilise the internet, and TP-Link plans to take advantage of its first-mover advantage in this market.
Global Network Equipment Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Component, Connectivity, Network Type, End-user, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Component offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
By Connectivity:
By Network Type:
Public Network
Private Network
By End-user:
Telecom Operators

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Network Equipment Market, by Region, 2019-2029 (USD Billion)
1.2.2. Network Equipment Market, by Component, 2019-2029 (USD Billion)
1.2.3. Network Equipment Market, by Connectivity, 2019-2029 (USD Billion)
1.2.4. Network Equipment Market, by Network Type, 2019-2029 (USD Billion)
1.2.5. Network Equipment Market, by End-user, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Network Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Network Equipment Market Dynamics
3.1. Network Equipment Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Growing deployment of Internet of Things (IoT) Growing deployment of 5G
3.1.2. Market Challenges High Cost of Network Equipment
3.1.3. Market Opportunities Growing technological advancement
Chapter 4. Global Network Equipment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Network Equipment Market, by Component
6.1. Market Snapshot
6.2. Global Network Equipment Market by Component, Performance – Potential Analysis
6.3. Global Network Equipment Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
6.4. Network Equipment Market, Sub Segment Analysis
6.4.1. Hardware
6.4.2. Software
6.4.3. Services
Chapter 7. Global Network Equipment Market, by Connectivity
7.1. Market Snapshot
7.2. Global Network Equipment Market by Connectivity, Performance – Potential Analysis
7.3. Global Network Equipment Market Estimates & Forecasts by Connectivity 2019-2029 (USD Billion)
7.4. Network Equipment Market, Sub Segment Analysis
7.4.1. 2G/3G
7.4.2. 4G LTE
7.4.3. 5G
Chapter 8. Global Network Equipment Market, by Network Type
8.1. Market Snapshot
8.2. Global Network Equipment Market by Network Type, Performance – Potential Analysis
8.3. Global Network Equipment Market Estimates & Forecasts by Network Type 2019-2029 (USD Billion)
8.4. Network Equipment Market, Sub Segment Analysis
8.4.1. Public Network
8.4.2. Private Network
Chapter 9. Global Network Equipment Market, by End-user
9.1. Market Snapshot
9.2. Global Network Equipment Market by End-user, Performance – Potential Analysis
9.3. Global Network Equipment Market Estimates & Forecasts by End-user 2019-2029 (USD Billion)
9.4. Network Equipment Market, Sub Segment Analysis
9.4.1. Telecom Operators
9.4.2. Enterprises
Chapter 10. Global Network Equipment Market, Regional Analysis
10.1. Network Equipment Market, Regional Market Snapshot
10.2. North America Network Equipment Market
10.2.1. U.S. Network Equipment Market Component breakdown estimates & forecasts, 2019-2029 Connectivity breakdown estimates & forecasts, 2019-2029 Network Type breakdown estimates & forecasts, 2019-2029 End-user breakdown estimates & forecasts, 2019-2029
10.2.2. Canada Network Equipment Market
10.3. Europe Network Equipment Market Snapshot
10.3.1. U.K. Network Equipment Market
10.3.2. Germany Network Equipment Market
10.3.3. France Network Equipment Market
10.3.4. Spain Network Equipment Market
10.3.5. Italy Network Equipment Market
10.3.6. Rest of Europe Network Equipment Market
10.4. Asia-Pacific Network Equipment Market Snapshot
10.4.1. China Network Equipment Market
10.4.2. India Network Equipment Market
10.4.3. Japan Network Equipment Market
10.4.4. Australia Network Equipment Market
10.4.5. South Korea Network Equipment Market
10.4.6. Rest of Asia Pacific Network Equipment Market
10.5. Latin America Network Equipment Market Snapshot
10.5.1. Brazil Network Equipment Market
10.5.2. Mexico Network Equipment Market
10.6. Rest of The World Network Equipment Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles Telefonaktiebolaget LM Ericsson Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. Nokia Corporation
11.2.3. Samsung Electronics Co., Ltd.
11.2.4. ZTE Corporation
11.2.5. Juniper Networks, Inc.
11.2.6. Huawei Technologies Co., Ltd.
11.2.7. Cisco Systems, Inc.
11.2.8. Hewlett Packard Enterprise Development LP
11.2.9. Broadcom
11.2.10. ALE International (Alcatel-Lucent)
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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