The Europe Enterprise Network Infrastructure Market would witness market growth of 4.9% CAGR during the forecast period (2022-2028).
In order to enhance the performance of their integrated enterprise network, modern enterprises require a network infrastructure solution that seamlessly blends voice and data networks beyond standard VoIP options. And modern businesses need this optimized network in order to extend to their employees in a way that boosts productivity throughout a managed VoIP network. Further, a significant number of enterprises are already using managed IT services to better their IT operations.
End devices or users expect agile service delivery and data transactions from the server in the modern environment. To address this, organizational networks must simplify data routing to specific users with the appropriate policies in place, ensuring that different groups of end-users receive the network data services they require in a timely manner. It is now possible to govern network infrastructure by replacing most network components and obtaining a high level of zero-touch automation as well as provisioning using technologies such as Network Functions Virtualization and SDN. Enterprises can also lower their CapEx and network power usage by implementing such technology. It is also substituting legacy networks that can direct traffic based on congestion patterns at particular points of the network with new software-based as well as software-driven technologies. A user can also gain end-to-end network visibility, which can assist them in managing network traffic and identifying network flaws that can be rectified remotely.
The enterprise network market in the Netherlands is estimated to generate significant revenue in the coming years due to the increasing government initiatives along with the constantly increasing digitalization across the region. Government measures have aided in boosting cybersecurity across businesses. Enterprises must address issues, such as the rise of phishing activities via text messaging, the usage of weaknesses in the Dutch government's systems, the misuse of ICT infrastructure, and large-scale distributed denial of service (DDoS) assaults immediately to avoid losses that go beyond the financial. The introduction of LPWAN technology has aided networking expansion by allowing a large number of IoT devices to be added to the region's technological infrastructure.
The increasing internet penetration in the country is also a major reason for the increasing adoption of enterprise network infrastructure. In addition, a considerable proportion of Europeans utilized the internet in 2018. Because of the growing cyber threats as a result of increased internet penetration, businesses are deploying advanced networking solutions to defend their network infrastructure.
The Germany market dominated the Europe Enterprise Network Infrastructure Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,073.5 million by 2028. The UK market is anticipated to grow at a CAGR of 4% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 5.6% during (2022 - 2028).
Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Industry, the market is segmented into BFSI, Government & Defense, Manufacturing, Telecom & IT, Retail & Ecommerce, Healthcare & Life Sciences, and Others. Based on Technology, the market is segmented into Routers & Switches, Enterprise Telephony, Wireless LAN, Storage Area Network, and Infrastructure Firewalls. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Enterprise Network Infrastructure Market Size will Hit $78.5 Billion by 2028, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Hewlett-Packard Enterprise Company, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Juniper Networks, Inc., Broadcom, Inc. (Brocade Communications Systems, Inc.), Alcatel-Lucent Enterprise (China Huaxin Post and Telecom Technologies Co., Limited), Nokia Corporation, Avaya, Inc. (Avaya Holdings Corp.), and ZTE Corporation.
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