Service Provider Network Infrastructure - India

  • India
  • Revenue in the Service Provider Network Infrastructure market is projected to reach US$4.03bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 3.92%, resulting in a market volume of US$4.70bn by 2028.
  • The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach US$7.67 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 India has been experiencing significant growth in recent years.

Customer preferences:
Customers in India have shown a growing demand for high-speed and reliable network infrastructure. With the increasing penetration of smartphones and the rapid adoption of digital services, there is a need for robust network infrastructure to support the growing data traffic. Customers also value cost-effective solutions that can provide seamless connectivity across different regions of the country.

Trends in the market:
One of the key trends in the Service Provider Network Infrastructure market in India is the deployment of 4G and 5G networks. As the demand for high-speed data services continues to rise, service providers are investing in upgrading their network infrastructure to support faster and more reliable connections. This trend is driven by the increasing number of smartphone users and the growing popularity of data-intensive applications such as video streaming and online gaming. Another trend in the market is the adoption of cloud-based network infrastructure solutions. Service providers are increasingly moving towards cloud-based solutions to improve scalability, flexibility, and cost-efficiency. Cloud-based solutions enable service providers to quickly deploy and manage network infrastructure resources, resulting in faster time-to-market and reduced operational costs.

Local special circumstances:
India is a geographically diverse country with a large population, and this presents unique challenges for service providers. The vast size of the country and the uneven distribution of population make it necessary for service providers to invest in network infrastructure that can provide coverage in remote and rural areas. Additionally, the high population density in urban areas requires service providers to deploy network infrastructure that can handle the high data traffic.

Underlying macroeconomic factors:
The growth of the Service Provider Network Infrastructure market in India is also influenced by several macroeconomic factors. The increasing disposable income of the middle class has led to a higher demand for digital services, driving the need for improved network infrastructure. The government's initiatives such as Digital India and Make in India have also played a significant role in promoting the adoption of digital services and driving the growth of the network infrastructure market. In conclusion, the Service Provider Network Infrastructure market in India is experiencing significant growth due to the increasing demand for high-speed and reliable connectivity. The deployment of 4G and 5G networks, adoption of cloud-based solutions, unique local circumstances, and favorable macroeconomic factors are all contributing to the development of the market. Service providers in India are investing in upgrading their network infrastructure to meet the growing demands of customers and capitalize on the opportunities presented by the digital revolution in the country.

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)