Network Infrastructure - Norway

Norway

Revenue in the Network Infrastructure market is projected to reach US$0.84bn in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$0.56bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 5.99%, resulting in a market volume of US$1.06bn by 2028.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$286.80 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

Norway, known for its breathtaking fjords and stunning natural landscapes, is also a country that is experiencing significant developments in its network infrastructure market. As technology continues to advance and connectivity becomes increasingly important, Norway is keeping pace with the global trend towards a more connected society. Customer preferences in the network infrastructure market in Norway are aligned with those seen worldwide. Customers are demanding faster and more reliable internet connections, as well as increased bandwidth to support the growing number of connected devices in their homes and businesses. This is driving the need for upgraded network infrastructure that can handle the increased data traffic. One of the key trends in the market is the deployment of 5G technology. Norway, like many other countries, is working towards the rollout of 5G networks to meet the increasing demand for high-speed and low-latency connections. With its potential to revolutionize industries such as autonomous vehicles, smart cities, and Internet of Things (IoT) applications, 5G is seen as a game-changer in the network infrastructure market. Another trend in the market is the expansion of fiber optic networks. Fiber optic cables offer faster and more reliable internet connections compared to traditional copper cables. In Norway, there is a push to expand the coverage of fiber optic networks to reach more households and businesses, especially in rural areas. This is driven by the government's commitment to bridging the digital divide and ensuring equal access to high-speed internet across the country. In addition to these global trends, there are also some local special circumstances that are shaping the network infrastructure market in Norway. The country's geography, with its rugged terrain and scattered population, presents unique challenges for network infrastructure deployment. Building and maintaining network infrastructure in remote and hard-to-reach areas can be costly and time-consuming. However, the Norwegian government has recognized the importance of connectivity and has implemented initiatives to overcome these challenges, such as providing subsidies for network infrastructure projects in rural areas. Underlying macroeconomic factors also play a role in the development of the network infrastructure market in Norway. The country's strong economy and high standard of living contribute to the demand for advanced network infrastructure. Norwegian businesses and consumers are willing to invest in the latest technology to stay competitive and enhance their quality of life. Additionally, the government's focus on digitalization and innovation further drives the need for robust network infrastructure. In conclusion, the network infrastructure market in Norway is experiencing significant developments driven by customer preferences for faster and more reliable internet connections, the deployment of 5G technology, and the expansion of fiber optic networks. Local special circumstances, such as the country's geography, and macroeconomic factors, including a strong economy and government initiatives, are also shaping the market. As Norway continues to invest in network infrastructure, it is well-positioned to meet the growing demand for connectivity and support the digital transformation of its society.

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.