Network Infrastructure - Croatia

Croatia

Revenue in the Network Infrastructure market is projected to reach US$116.40m in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$85.79m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 6.78%, resulting in a market volume of US$151.30m by 2028.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$67.55 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.

For more information on the data displayed, use the info button right next to the boxes.

Market

Region

Region comparison

Currency

Analyst Opinion

The Network Infrastructure market in Croatia is experiencing significant growth and development. Customer preferences in the Network Infrastructure market in Croatia are driven by the increasing demand for high-speed and reliable internet connectivity. Customers are looking for network infrastructure solutions that can support their growing data needs, whether it be for personal or business use. Additionally, there is a growing preference for network infrastructure that is scalable and flexible, allowing for easy expansion and adaptation to changing technology and business requirements. Trends in the Network Infrastructure market in Croatia include the adoption of fiber optic technology. Fiber optic networks offer faster and more reliable internet connectivity compared to traditional copper-based networks. This trend is driven by the increasing demand for high-speed internet services and the need for network infrastructure that can support the growing data needs of businesses and individuals. Another trend in the market is the deployment of 5G networks. 5G technology offers significantly faster speeds and lower latency compared to previous generations of mobile networks, enabling new applications and services such as autonomous vehicles and smart cities. The deployment of 5G networks in Croatia is driven by the need to support the growing demand for mobile data and to enable new technologies and services. Local special circumstances in the Network Infrastructure market in Croatia include the country's geographic location and population distribution. Croatia is located at the crossroads of Central Europe, Southeast Europe, and the Mediterranean, making it an important hub for international connectivity. The country's population is spread across both urban and rural areas, with varying levels of internet connectivity. This presents challenges in terms of deploying network infrastructure to reach all areas of the country and ensuring equal access to high-speed internet services. Underlying macroeconomic factors driving the development of the Network Infrastructure market in Croatia include the country's economic growth and digitalization efforts. Croatia has experienced steady economic growth in recent years, which has led to increased investment in infrastructure, including network infrastructure. The government has also been actively promoting digitalization initiatives to drive economic development and improve the quality of life for its citizens. These efforts include the development of broadband networks and the promotion of digital skills and innovation. Overall, the Network Infrastructure market in Croatia is developing to meet the increasing demand for high-speed and reliable internet connectivity. Customer preferences, such as the adoption of fiber optic technology and the deployment of 5G networks, are driving the market trends. Local special circumstances, such as the country's geographic location and population distribution, present challenges in terms of deploying network infrastructure to reach all areas of the country. The underlying macroeconomic factors of economic growth and digitalization efforts are also contributing to the development of 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.