Service Provider Network Infrastructure - Estonia

  • Estonia
  • Revenue in the Service Provider Network Infrastructure market is projected to reach US$33.88m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 5.52%, resulting in a market volume of US$42.00m by 2028.
  • The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach US$49.61 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 Estonia is experiencing significant growth and development.

Customer preferences:
Estonian customers in the Service Provider Network Infrastructure market are increasingly demanding faster and more reliable internet connections. With the rise of digitalization and the increasing number of connected devices, customers require high-speed internet access to support their online activities, such as streaming, gaming, and remote working. Additionally, customers are seeking network infrastructure solutions that can handle the growing demand for data transmission and provide seamless connectivity.

Trends in the market:
One of the key trends in the Service Provider Network Infrastructure market in Estonia is the deployment of fiber-optic networks. Fiber-optic technology offers high-speed and reliable internet connections, making it the preferred choice for service providers. The Estonian government has also been actively promoting the expansion of fiber-optic networks across the country, further driving the adoption of this technology. As a result, there has been a significant increase in the number of fiber-optic connections in Estonia, leading to improved internet speeds and overall network performance. Another trend in the market is the transition towards software-defined networking (SDN) and network function virtualization (NFV). SDN and NFV technologies enable service providers to enhance network flexibility, scalability, and efficiency by separating the control plane from the data plane and virtualizing network functions. This allows for more agile and cost-effective network management, as well as the ability to quickly deploy new services and applications. Service providers in Estonia are embracing these technologies to meet the evolving demands of their customers and stay competitive in the market.

Local special circumstances:
Estonia has a highly developed digital infrastructure, which has been a key driver for the growth of the Service Provider Network Infrastructure market. The country has one of the highest internet penetration rates in Europe, with a well-established broadband network. This digital readiness and advanced infrastructure create a favorable environment for service providers to innovate and expand their network offerings.

Underlying macroeconomic factors:
The growth of the Service Provider Network Infrastructure market in Estonia is also influenced by macroeconomic factors. The country has a strong and stable economy, with a high level of digitalization across various sectors. This creates a demand for robust network infrastructure to support the digital transformation initiatives of businesses and government organizations. Additionally, Estonia has a favorable business environment, with supportive government policies and investments in technology and innovation. These factors contribute to the overall development and expansion of the Service Provider Network Infrastructure market in Estonia.

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)