Service Provider Network Infrastructure - Africa

  • Africa
  • Revenue in the Service Provider Network Infrastructure market is projected to reach US$2.05bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 4.45%, resulting in a market volume of US$2.44bn by 2028.
  • The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach US$4.13 in 2024.
  • In global comparison, most revenue will be generated in China (US$33,000m in 2024).

Key regions: United Kingdom, Indonesia, China, Brazil, Germany

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Service Provider Network Infrastructure market in Africa is experiencing significant growth and development due to several key factors. Customer preferences for reliable and high-speed internet connectivity, the increasing demand for digital services, and the expansion of mobile networks are driving the growth of this market. Additionally, local special circumstances, such as the need for improved connectivity in rural areas and the development of smart cities, are also contributing to the expansion of the market. Furthermore, underlying macroeconomic factors, including population growth, urbanization, and government initiatives to promote digital inclusion, are creating a favorable environment for the growth of the Service Provider Network Infrastructure market in Africa. Customer preferences in Africa are shifting towards reliable and high-speed internet connectivity. With the increasing adoption of digital services such as e-commerce, online banking, and video streaming, customers are demanding faster and more stable internet connections. This has led to a growing need for service provider network infrastructure that can support high-speed data transmission and provide a seamless online experience. Another trend in the market is the expansion of mobile networks. Africa has experienced a rapid increase in mobile phone penetration, with millions of people gaining access to mobile devices and internet services. This has created a demand for mobile network infrastructure to support the growing number of mobile subscribers. Service providers are investing in the expansion of their mobile networks to meet this demand and provide better coverage and connectivity to their customers. In addition to customer preferences, local special circumstances in Africa are also driving the growth of the Service Provider Network Infrastructure market. Many rural areas in Africa still lack access to reliable internet connectivity, and there is a need to bridge this digital divide. Service providers are investing in network infrastructure projects to extend their coverage to these underserved areas and provide internet access to remote communities. Furthermore, the development of smart cities in Africa is also creating opportunities for the Service Provider Network Infrastructure market. As cities in Africa become more technologically advanced, there is a need for robust network infrastructure to support smart city initiatives such as smart transportation, smart energy, and smart governance. Service providers are working closely with local governments and other stakeholders to develop the necessary network infrastructure for these smart city projects. Underlying macroeconomic factors are also contributing to the growth of the Service Provider Network Infrastructure market in Africa. The continent's population is growing rapidly, resulting in an increased demand for internet connectivity and digital services. Urbanization is also driving the need for better network infrastructure in cities, as more people migrate from rural areas to urban centers. Additionally, governments in Africa are recognizing the importance of digital inclusion and are implementing initiatives to promote the expansion of network infrastructure and improve internet access for their citizens. In conclusion, the Service Provider Network Infrastructure market in Africa is experiencing significant growth and development due to customer preferences for reliable and high-speed internet connectivity, the expansion of mobile networks, local special circumstances such as the need for improved connectivity in rural areas and the development of smart cities, and underlying macroeconomic factors including population growth, urbanization, and government initiatives to promote digital inclusion. As the demand for internet connectivity and digital services continues to grow in Africa, the Service Provider Network Infrastructure market 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.

Overview

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

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)