Networking Products Market - Trends Forecast Till 2028

Market Overview

The Networking Products Market size is projected to reach a CAGR of 8.9% from 2022 to 2028.

Networking Products Market is traditionally centered on LAN standards with hardware switches, router devices, ethernet cabling, WIFI connections, and integrated firewall software all commonly used to create a Local Area Network. The market study comprises all the regions with respective countries with the potential market study on type such as network security, WLAN, etc.

The growing necessity for businesses to go digital in order to remain competitive is expected to increase the need for agile networks, as well as the value and importance of virtual and software-defined networking are some of the factors that have supported long-term expansion for Networking Products Market.

Regional Analysis

North America is expected to hold a prominent share in the enterprise network equipment market. Moreover, the region has a strong foothold of network equipment vendors.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Cisco Systems Inc.
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co. Ltd.
• Juniper Networks Inc.
• Arista Networks Inc.
• Riverbed
• NetScout
• VMware
• Extreme Networks
• Dell
• Arista

Recent Developments

• February 2020- NEC and Cisco announced to provide network equipment with enhanced supply chain management. This is an important advancement in NEC's efforts to strengthen the verification, monitoring, and management of authenticity throughout the network system supply chain by expanding the scope of targeted network equipment through partnerships. Both NEC and Cisco aim to begin rolling out network equipment based on this initiative from fiscal 2020.
• April 2019 - Juniper Networks announced a cloud-delivered version of its SD-WAN solution. Juniper’s Contrail Service Orchestration gives enterprises a simple way to manage and secure the WAN infrastructure and also branch LAN and Wi-Fi networks typically deployed alongside it.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Networking Products Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope