Service Provider Network Infrastructure - Israel

  • Israel
  • Revenue in the Service Provider Network Infrastructure market is projected to reach US$0.75bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 5.53%, resulting in a market volume of US$0.93bn by 2028.
  • The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach US$175.20 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 Israel has experienced significant growth in recent years, driven by customer preferences for advanced network technologies and the increasing demand for high-speed connectivity. Customer preferences in the Israeli market have shifted towards more advanced and reliable network infrastructure solutions. With the rise of cloud computing, big data analytics, and the Internet of Things (IoT), businesses in Israel are increasingly relying on robust and scalable networks to support their operations. This has led to a growing demand for service provider network infrastructure that can deliver high-speed connectivity, low latency, and high bandwidth. In addition, Israeli customers are also placing a strong emphasis on network security. With the increasing number of cyber threats and the need to protect sensitive data, businesses in Israel are investing in network infrastructure solutions that can provide advanced security features and protect against cyber attacks. This has led to a growing demand for solutions such as firewalls, intrusion detection systems, and secure access gateways. Trends in the Service Provider Network Infrastructure market in Israel also reflect global trends in the industry. One of the key trends is the adoption of software-defined networking (SDN) and network function virtualization (NFV) technologies. SDN and NFV allow service providers to virtualize their network infrastructure, making it more flexible, scalable, and cost-effective. This trend is driven by the need for service providers to reduce their operational costs, improve network agility, and offer new services more quickly. Another trend in the market is the increasing adoption of 5G technology. As the demand for high-speed mobile connectivity continues to grow, service providers in Israel are investing in 5G infrastructure to meet the needs of their customers. 5G technology offers significantly faster download and upload speeds, lower latency, and the ability to support a massive number of connected devices. This trend is driven by the increasing demand for mobile video streaming, IoT applications, and other bandwidth-intensive services. In addition to customer preferences and global trends, there are also local special circumstances that are driving the development of the Service Provider Network Infrastructure market in Israel. One of these circumstances is the country's strong focus on innovation and technology. Israel is known for its thriving startup ecosystem and has a high concentration of technology companies. This has created a strong demand for advanced network infrastructure solutions to support the growth of these companies and their innovative products and services. Furthermore, the Israeli government has also played a significant role in promoting the development of the network infrastructure market. The government has implemented various initiatives to encourage investment in the country's broadband infrastructure and has provided support for the deployment of high-speed internet networks in underserved areas. These initiatives have helped to drive the growth of the Service Provider Network Infrastructure market in Israel. Underlying macroeconomic factors, such as the country's stable economy and favorable business environment, have also contributed to the development of the market. Israel has a strong and diverse economy, with a focus on technology and innovation. This has attracted foreign investment and encouraged the growth of businesses in various sectors, including telecommunications. The stable economy and favorable business environment have created a conducive environment for the development of the Service Provider Network Infrastructure market in Israel.

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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