Network Infrastructure - Finland

Finland

Revenue in the Network Infrastructure market is projected to reach US$0.75bn in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$0.49bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 6.64%, resulting in a market volume of US$0.97bn by 2028.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$273.70 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 Finland is experiencing significant growth and development. Customer preferences in the market are shifting towards faster and more reliable network connections. With the increasing reliance on digital technologies and the growing demand for data-intensive applications, customers are seeking network infrastructure solutions that can support their needs. This includes high-speed internet connections, robust wireless networks, and advanced networking technologies. Trends in the market are driven by technological advancements and the increasing need for connectivity. Finland has a highly developed telecommunications infrastructure, which provides a solid foundation for the growth of the Network Infrastructure market. The country has a high internet penetration rate, with a large percentage of the population having access to broadband connections. This has created a strong demand for network infrastructure solutions that can deliver high-speed and reliable internet connections. Local special circumstances in Finland also contribute to the development of the Network Infrastructure market. The country has a strong focus on innovation and technology, with a thriving startup ecosystem and a supportive business environment. This has attracted investments from both domestic and international players, leading to the development of cutting-edge network infrastructure solutions. Additionally, Finland has a high level of digital literacy among its population, which further drives the demand for advanced network infrastructure. Underlying macroeconomic factors also play a role in the growth of the Network Infrastructure market in Finland. The country has a stable economy and a high standard of living, which allows businesses and individuals to invest in network infrastructure solutions. Furthermore, Finland has a strong focus on sustainability and environmental responsibility, which has led to the adoption of energy-efficient and eco-friendly network infrastructure technologies. In conclusion, the Network Infrastructure market in Finland is experiencing growth and development due to customer preferences for faster and more reliable network connections, technological advancements, local special circumstances, and underlying macroeconomic factors. As the demand for connectivity continues to increase, the market is expected to further expand and evolve in the coming years.

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.