Enterprise Network Infrastructure - Ukraine

  • Ukraine
  • Revenue in the Enterprise Network Infrastructure market is projected to reach US$57.14m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 6.06%, resulting in a market volume of US$76.69m by 2029.
  • The average Spend per Employee in the Enterprise Network Infrastructure market is projected to reach US$2.94 in 2024.
  • In global comparison, most revenue will be generated in China (US$18,200m in 2024).

Key regions: China, Indonesia, United Kingdom, United States, India

 
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Analyst Opinion

The Enterprise Network Infrastructure market in Ukraine has been experiencing significant growth and development in recent years.

Customer preferences:
Ukrainian businesses are increasingly prioritizing network security, scalability, and reliability when investing in enterprise network infrastructure. They are looking for solutions that can support their digital transformation efforts and enable seamless communication and collaboration across different locations. Additionally, there is a growing demand for cloud-based networking solutions among businesses in Ukraine, as they seek more flexible and cost-effective options.

Trends in the market:
One of the key trends in the Enterprise Network Infrastructure market in Ukraine is the adoption of software-defined networking (SDN) technologies. Ukrainian businesses are recognizing the benefits of SDN, such as improved network management, automation, and agility. Another trend is the rising popularity of virtual private network (VPN) solutions, driven by the need for secure remote access to corporate networks. Moreover, there is a noticeable shift towards more advanced networking hardware, including routers, switches, and wireless access points, to support the increasing data traffic and connectivity requirements of businesses in Ukraine.

Local special circumstances:
In Ukraine, the political and economic situation has influenced the Enterprise Network Infrastructure market. The ongoing digitalization efforts in the country, coupled with the increasing cybersecurity threats, have led businesses to invest more in upgrading their network infrastructure. Additionally, the presence of a skilled IT workforce in Ukraine has been a driving factor in the adoption of advanced networking technologies and solutions.

Underlying macroeconomic factors:
The macroeconomic factors shaping the Enterprise Network Infrastructure market in Ukraine include the overall economic stability of the country, foreign investment inflows, and government initiatives to promote digitalization. Despite certain challenges, such as regulatory uncertainties and infrastructure limitations, the market is expected to continue its growth trajectory as businesses prioritize technology investments to stay competitive in the digital age.

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.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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