Network Infrastructure - Canada

Canada

Revenue in the Network Infrastructure market is projected to reach US$3.86bn in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$2.73bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 7.99%, resulting in a market volume of US$5.25bn by 2028.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$182.90 in 2024.
In global comparison, most revenue will be generated in China (US$45,690m in 2024).

Key regions: Europe, India, China, Japan, Germany

Definition:

The Network Infrastructure market focuses on hardware resources essential for service provider and enterprise networks. This market specifically focuses on solutions designed for the complex networking requirements of businesses and organizations, setting aside options like consumer-grade networking hardware products such as basic WIFI routers and network switches. These network infrastructure components are crucial in environments where reliable and secure connectivity, as well as efficient network operations, are paramount, establishing them as a fundamental part of the IT infrastructure in various industries.

Structure:

The Network Infrastructure market is structured in two markets based on the services model provided by the companies.

Service Provider Network Infrastructure covers the hardware resources of telecommunication service companies that enable wired and wireless network connectivity and communication to transfer voice and data.
Enterprise Network Infrastructure covers the hardware resources that enable wired and wireless network connectivity, communication, operations, and management of enterprises.

Additional Information:

The Network Infrastructure market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Network Infrastructure market include companies such as Huawei, HPE, Cisco, and Ericsson.

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Market

Region

Region comparison

Currency

Analyst Opinion

The Network Infrastructure market in Canada is experiencing significant growth and development due to various factors. Customer preferences in Canada are driving the demand for advanced network infrastructure solutions. With the increasing reliance on digital technologies and the need for seamless connectivity, businesses and consumers are looking for robust and reliable network infrastructure. They prefer solutions that can support high-speed internet connectivity, cloud services, and emerging technologies such as Internet of Things (IoT) and artificial intelligence (AI). Additionally, there is a growing demand for secure network infrastructure to protect sensitive data and ensure privacy. Trends in the market indicate a shift towards the adoption of fiber optic technology. Fiber optic networks offer faster and more reliable internet connectivity compared to traditional copper-based networks. The Canadian government has been investing in the expansion of fiber optic infrastructure across the country to improve broadband access in rural and remote areas. This trend is driven by the increasing demand for high-speed internet and the need to bridge the digital divide. Another trend in the market is the deployment of 5G networks. Canada is witnessing the rollout of 5G networks by major telecom operators, which is expected to revolutionize the network infrastructure landscape. 5G networks offer ultra-fast speeds, low latency, and the ability to connect a massive number of devices simultaneously. This technology is expected to enable advanced applications such as autonomous vehicles, smart cities, and industrial automation. In addition to customer preferences and global trends, there are also local special circumstances that are shaping the Network Infrastructure market in Canada. The vast geography of Canada presents challenges in terms of network coverage and connectivity. The country has many remote and sparsely populated areas, making it difficult to extend network infrastructure to these regions. However, the Canadian government is actively working on initiatives to improve broadband access in rural and remote areas, which will drive the demand for network infrastructure solutions. Underlying macroeconomic factors are also contributing to the development of the Network Infrastructure market in Canada. The country has a stable and growing economy, which creates a favorable environment for investments in network infrastructure. Additionally, Canada has a highly skilled workforce and a strong technology sector, which supports the development and deployment of advanced network infrastructure solutions. Overall, the Network Infrastructure market in Canada is experiencing growth and development driven by customer preferences, global trends, local special circumstances, and underlying macroeconomic factors. The adoption of advanced network infrastructure solutions, such as fiber optic technology and 5G networks, is expected to continue to grow in the coming years, further driving the market.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.