North America Service Provider Network Infrastructure Market Size, 2028

North America Service Provider Network Infrastructure Market Size, Share & Industry Trends Analysis Report By Enterprise Size (Large Enterprises and Small & Medium Enterprises), By Industry, By Technology, By Country and Growth Forecast, 2022 - 2028

Published Date: June-2022 | Number of Pages: 101 | Format: PDF | Report ID: KBV-10032

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Market Report Description

The North America Service Provider Network Infrastructure Market would witness market growth of 4.0% CAGR during the forecast period (2022-2028).

The U.S. National Science Foundation utilized a number of fresh choices for its national-level digital backbone service, known as NSFNET, following AT&T Corporation's restructuring in 1984. An experiment connecting a for-profit e-mail service (MCI Mail) to the Internet was given the go-ahead by the U.S. Corporation for National Research Initiatives in 1988. The first Internet access to a business that wasn't also a member of the research community was made through this application. The approval to grant access to additional e-mail providers came immediately after, and the Internet experienced its first traffic surge.

A communications service provider (CSP) uses the network architecture as a rich, functioning platform to offer telecommunications services, media information services, content, entertainment, and application services. Telecommunications carriers, content and application service providers (CASP), cable service providers, satellite broadcasting operators, and cloud communications service providers are examples of CSPs.

MSPs that have contributed to the success of the local market include IBM Corporation, Accenture, and Cognizant, among others. The majority of the North American market is controlled by the United States due to the rise in the use of these services among small and medium-sized organizations and the availability of sizable IT budgets. Therefore, important market players are concentrating on merger & acquisition strategies to prevent cyber security risks.

Numerous opportunities arise as a result. As a result of this acquisition, Cisco users would be able to quickly and securely connect any software on networked devices. Early users of cloud computing were the US Army, Air Force, US Department of Justice (DOJ), and other government agencies operating in the area. These organizations set new standards for other companies and institutions to follow.

The government-wide approach to cloud service authorization, ongoing monitoring, and risk assessment is provided by the Federal Risk and Authorization Management Program (FedRAMP), which was announced in January 2018. This has generated a vibrant market for service providers to offer reliable, secure, cost-effective, and essential cloud services.

The US market dominated the North America Service Provider Network Infrastructure Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $45,370 million by 2028. The Canada market is experiencing a CAGR of 6.3% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 5.4% 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, and Healthcare & Life Sciences. Based on Technology, the market is segmented into Broadband Access & Optical Transport, Routers & Switches, Carrier IP Telephony, Microwave transmission & Mobile Backhaul, and Wireless Packet Core. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Service Provider Network Infrastructure Market is Estimated to reach $174.1 Billion by 2028, at a CAGR of 4.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Huawei Technologies Co., Ltd., Juniper Networks, Inc., Broadcom, Inc., Alcatel-Lucent Enterprise, Avaya Inc., ZTE Corporation, Ericsson AB, Aruba Networks (Hewlett Packard Enterprise Company), and Nokia Corporation.

Scope of the Study

Market Segments Covered in the Report:

By Enterprise Size

  • Large Enterprises
  • Small & Medium Enterprises

By Industry

  • BFSI
  • Government & Defense
  • Manufacturing
  • Telecom & IT
  • Retail & Ecommerce
  • Healthcare & Life Sciences
  • Others

By Technology

  • Broadband Access & Optical Transport
  • Routers & Switches
  • Carrier IP Telephony
  • Microwave transmission & Mobile Backhaul
  • Wireless Packet Core

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Huawei Technologies Co., Ltd.
  • Juniper Networks, Inc.
  • Broadcom, Inc.
  • Alcatel-Lucent Enterprise
  • Avaya Inc.
  • ZTE Corporation
  • Ericsson AB
  • Aruba Networks (Hewlett Packard Enterprise Company)
  • Nokia Corporation

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Related Reports:

Global Service Provider Network Infrastructure Market Report 2022-2028

Europe Service Provider Network Infrastructure Market Report 2022-2028

Asia Pacific Service Provider Network Infrastructure Market Report 2022-2028

LAMEA Service Provider Network Infrastructure Market Report 2022-2028

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