Network Infrastructure - North America

  • North America
  • Revenue in the Network Infrastructure market is projected to reach US$49.19bn in 2024.
  • Service Provider Network Infrastructure dominates the market with a projected market volume of US$34.39bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 6.64%, resulting in a market volume of US$63.61bn by 2028.
  • The average Spend per Employee in the Network Infrastructure market is projected to reach US$195.70 in 2024.
  • In global comparison, most revenue will be generated in China (US$45,690m in 2024).

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

 
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Analyst Opinion

The Network Infrastructure market in North America is experiencing significant growth and development. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors all contribute to this positive trajectory. Customer preferences in North America are driving the growth of the Network Infrastructure market. With the increasing reliance on digital technologies and the rise of remote work, there is a growing demand for robust and reliable network infrastructure. Customers are seeking high-speed connectivity, low latency, and secure networks to support their digital activities. Additionally, the proliferation of connected devices and the Internet of Things (IoT) is further driving the need for advanced network infrastructure to handle the increasing data traffic. Several trends are shaping the Network Infrastructure market in North America. One key trend is the deployment of 5G networks. The rollout of 5G technology promises faster speeds, lower latency, and greater capacity, which will revolutionize the way people connect and communicate. This trend is driving investments in network infrastructure to support the widespread adoption of 5G across the region. Another trend is the increasing adoption of cloud computing. As businesses migrate their operations to the cloud, there is a growing need for reliable and scalable network infrastructure to ensure seamless connectivity and data transfer. This trend is fueling the demand for data centers and network equipment in North America. The North American market also faces some unique circumstances that contribute to its growth. The region is home to several technology giants and innovative startups, which drive the demand for advanced network infrastructure to support their operations. Additionally, the region has a highly developed digital infrastructure and a large population of tech-savvy individuals, creating a favorable environment for the Network Infrastructure market to thrive. Underlying macroeconomic factors are also playing a role in the development of the Network Infrastructure market in North America. The region has a strong economy and a stable political environment, which encourages investments in infrastructure projects. Furthermore, government initiatives and policies aimed at promoting digital transformation and connectivity are providing a supportive framework for the growth of the Network Infrastructure market. In conclusion, the Network Infrastructure market in North America is experiencing significant growth and development due to customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. The increasing demand for high-speed connectivity, the deployment of 5G networks, the adoption of cloud computing, and the presence of technology giants all contribute to the positive trajectory of the market. With a strong economy and supportive government initiatives, the Network Infrastructure market in North America is poised for continued growth 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.

Overview

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