Network Infrastructure - Myanmar

Myanmar

Revenue in the Network Infrastructure market is projected to reach US$71.95m in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$54.11m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 3.85%, resulting in a market volume of US$83.68m by 2028.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$2.77 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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Analyst Opinion

The Network Infrastructure market in Myanmar has been experiencing significant growth and development in recent years. Customer preferences for advanced technology and connectivity, along with local special circumstances and underlying macroeconomic factors, have contributed to this trend. Customer preferences in Myanmar have shifted towards increased connectivity and access to advanced technology. With the rapid expansion of digital services and the increasing demand for high-speed internet, there is a growing need for robust network infrastructure. Customers are seeking reliable and fast connectivity to support their daily activities, such as online shopping, social media, and video streaming. Additionally, the rise of remote work and e-learning has further fueled the demand for reliable network infrastructure in Myanmar. The market trends in the Network Infrastructure sector in Myanmar have been driven by both global and regional factors. Worldwide, there has been a surge in data consumption and the adoption of cloud-based services, which require strong network infrastructure to support the growing demand. In the Asia-Pacific region, the increasing penetration of smartphones and the push for digitalization have also contributed to the development of the Network Infrastructure market in Myanmar. Local special circumstances in Myanmar have played a role in shaping the growth of the Network Infrastructure market. The country has undergone significant political and economic reforms in recent years, leading to increased foreign investment and economic development. This has created opportunities for infrastructure development, including the expansion of network connectivity. Additionally, the government has been actively promoting digitalization and has implemented policies to encourage investment in the telecommunications sector, further driving the growth of the Network Infrastructure market. Underlying macroeconomic factors have also influenced the development of the Network Infrastructure market in Myanmar. The country has experienced steady economic growth, which has led to an increase in disposable income and a growing middle class. This has resulted in higher demand for digital services and connectivity, driving the need for improved network infrastructure. Furthermore, the government's focus on infrastructure development, including the expansion of telecommunications networks, has created opportunities for both local and foreign companies to invest in the Network Infrastructure market. In conclusion, the Network Infrastructure market in Myanmar is experiencing significant growth and development due to customer preferences for advanced technology and connectivity, global and regional market trends, local special circumstances, and underlying macroeconomic factors. As the demand for digital services and connectivity continues to rise, the Network Infrastructure market in Myanmar is expected to further expand 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.