Enterprise Networking Market Size Trends, Drivers and Challenges, Vendor Landscape, Opportunities and Forecast to 2029
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The global enterprise networking market research report provides an executive-level overview of the current enterprise networking market worldwide, with detailed forecasts of key indicators up to 2029. Published annually, the global enterprise networking market report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by product/service type and verticals across the large enterprise and micro, small & medium enterprise (MSME) markets, as well as a review of key enterprise networking market trends as well as the technological developments that are shaping the enterprise networking landscape.
The global outlook report provides information and insights into global enterprise networking market
– The primary finding from GlobalData's view of revenue opportunities in the enterprise networking market through to 2029, highlighting the market size and growth by product/service, by region, by vertical and by size band.
– The latest trends impacting the enterprise networking market.
– The market drivers that will facilitate the growth of enterprise networking market.
– The market challenges/inhibitors that may hinder the pervasive adoption of enterprise networking.
– The recent developments in the enterprise networking market.
Scope
This outlook report analyses the current trends, drivers, and challenges impacting the enterprise networking market. The report outlines the evolution of enterprise networking, and highlights the recent developments in the enterprise networking market across multiple vedors. This report also presents GlobalData’s view of the revenue opportunities in the enterprise networking market through to 2029, highlighting the market size and growth by technology, geography, and size band.
Key Highlights
The global enterprise networking market size was valued at $443.9 billion in 2024. The market is expected to grow at a CAGR of 6.1% during the forecast period (2024-2029). The enterprise networking market is driven by the rising adoption of wireless devices, cloud services, IoT, and other digital solutions, as well as the growing demand for strong enterprise network connectivity amid increased adoption of work-from-home and remote working models, which is driving enterprises to ramp up and strengthen their networking infrastructure and invest in network solutions.
According to GlobalData, enterprise networking would see majority share of its revenue come from fiber-optic (FTTH/B) segment over the forecast period. Revenue from fiber-optic segment reached $109.4 billion in 2024 and is set to grow up to $144.4 billion in 2029 at a CAGR of 5.7%.
BFSI and manufacturing are the leading end-use vertical segment for enterprise networking, in terms of revenue contribution, and will remain so over the forecast period.
Asia-Pacific is the leading regional market with revenue estimated at $205.2 billion for 2024 and set to grow up to $271.4 billion by 2029 at a CAGR of 5.8%.
Reasons to Buy
This Global Outlook Report provides a comprehensive assessment of the enterprise networking market. It helps the reader to understand the enterprise networking market landscape, the recent trends, drivers, and challenges/inhibitors shaping the enterprise networking market.
The report is exhaustive and up-to-date providing market opportunity forecasts in the enterprise networking market from 2024 to 2029, spanning technology segments (services), six regions, 27 verticals, and two size bands.
Arista
HPE
Extreme Networks
Nokia
Lumen
Broadcom
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