How big is the Network Equipment Market | Size, Share & Forecast 2025

What is the size of Network Equipment Market?

The key factors driving this growth are the proliferation of data-heavy applications, the increasing need for high-speed connectivity, and an increase in cloud computing, which is continuing to shape enterprise networking infrastructure in all sectors.

Growth Factors for Network Equipment Industry

• Expanding demand for bandwidth-heavy applications throughout data centers and enterprises. 
• Prioritization of deployment of 5G infrastructure and need for higher-quality, next-gen routers, switches, and base station equipment.
• Increased adoption of SD-WAN and other virtualization technologies provides enterprises with network performance scalability.
• Deployment of Wi-Fi 6 and Wi-Fi 7 standards for dense connections.
• Increase in network automation and remote management for ongoing efficiency of IT functions.

Network Equipment Market Trends

The Network Equipment Market is evolving with multiple technological shifts and enterprise needs. Among the major trends influencing this sector is the transition toward software-defined networking and edge connectivity, driven by performance and agility requirements. There is an increasing acceptance of high-performance switches, routers, and access points across numerous sectors including IT, manufacturing, and telecom.

Key trends to watch in the Network Equipment Market include the increasing adoption of AI-based network management, the growth of open networking hardware, and the growing significance of cybersecurity-integrated networking equipment. Changing perspectives on energy-efficient hardware designs particularly modular hardware designs is also growing among enterprises and service providers.

Emerging Developments in the Network Equipment Market

The Network Equipment Market is experiencing ongoing developments as manufacturers prioritize product innovation, integration, and performance optimization. New designs feature multi-gigabit switches with built-in threat protection and routers using AI-enabled analytics for monitoring traffic patterns and planned incident response.

As remote work/hybrid business carveouts are increasing, vendors are embracing cloud-managed platforms, zero-touch provisioning, and firmware security. Moreover, more network hardware providers are establishing formal relationships with cloud service platforms, cementing the potential of planned managed connectivity services across commercial spaces.

List of Leading Companies in the Network Equipment Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Cisco Systems

Cisco provides a comprehensive portfolio of enterprise network equipment, including switches, routers, and cloud-managed solutions.

2. Juniper Networks

Juniper offers scalable and secure networking hardware for data centers and service providers.

3. Arista Networks

Arista delivers high-performance switches and cloud-networking equipment for next-generation enterprise infrastructure.

4. Hewlett Packard Enterprise (HPE)

HPE provides network infrastructure via Aruba, focusing on campus and edge connectivity.

5. Huawei Technologies

Huawei manufactures a wide range of networking equipment, including routers, switches, and wireless access points.

6. ZTE Corporation

ZTE supplies networking solutions for telecom infrastructure and enterprise networking.

7. Extreme Networks

Extreme Networks offers cloud-managed switches and Wi-Fi solutions for enterprise, healthcare, and education sectors.

8. NETGEAR

NETGEAR specializes in cost-effective networking equipment for small businesses and residential users.

9. Ubiquiti Inc.

Ubiquiti designs scalable network devices including wireless access points, switches, and gateways.

10. Fortinet

Fortinet provides secure network infrastructure, integrating firewalls and networking hardware.

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