Service Provider Network Infrastructure - China

  • China
  • Revenue in the Service Provider Network Infrastructure market is projected to reach US$33.00bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 6.16%, resulting in a market volume of US$41.91bn by 2028.
  • The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach US$41.69 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

 
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Analyst Opinion

The Service Provider Network Infrastructure market in China is experiencing significant growth and development due to several key factors. Customer preferences in the market are shifting towards faster and more reliable network infrastructure solutions. With the increasing demand for high-speed internet access and the rise of digital services such as streaming and online gaming, customers are seeking network infrastructure that can support these bandwidth-intensive applications. Additionally, as more businesses in China are adopting cloud computing and other digital technologies, there is a growing need for robust network infrastructure to ensure seamless connectivity and data transfer. One of the trends in the market is the deployment of 5G networks across the country. China has been at the forefront of 5G technology and has made significant investments in its development and deployment. The rollout of 5G networks is driving the demand for new network infrastructure equipment, including base stations, antennas, and routers. This trend is expected to continue as China aims to establish itself as a global leader in 5G technology. Another trend in the market is the increasing adoption of software-defined networking (SDN) and network function virtualization (NFV) technologies. SDN and NFV offer greater flexibility and scalability in network management, allowing service providers to optimize their network infrastructure and reduce costs. These technologies are gaining traction in China as service providers look for ways to improve network efficiency and meet the growing demands of their customers. Local special circumstances in China also contribute to the development of the Service Provider Network Infrastructure market. The Chinese government has implemented policies and initiatives to promote the digital economy and improve internet connectivity in rural areas. These efforts have led to increased investments in network infrastructure and the expansion of broadband services to underserved regions. Additionally, China's large population and growing middle class present a significant market opportunity for service providers to offer innovative network solutions and capture a larger customer base. Underlying macroeconomic factors, such as China's strong economic growth and increasing urbanization, are also driving the development of the Service Provider Network Infrastructure market. As more people move to urban areas and the digital economy continues to expand, there is a growing need for reliable and high-speed network infrastructure to support these developments. Furthermore, China's ongoing efforts to upgrade its manufacturing and industrial sectors through initiatives like "Made in China 2025" are fueling the demand for advanced network technologies. In conclusion, the Service Provider Network Infrastructure market in China is experiencing rapid growth and development due to customer preferences for faster and more reliable network solutions, the deployment of 5G networks, the adoption of SDN and NFV technologies, local special circumstances, and underlying macroeconomic factors. As China continues to invest in digital infrastructure and promote the digital economy, the 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
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