Market Insights Technology Data Center Network Infrastructure

Service Provider Network Infrastructure - Taiwan

Taiwan

Revenue in the Service Provider Network Infrastructure market is projected to reach US$0.90bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 5.14%, resulting in a market volume of US$1.10bn by 2028.
The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach US$69.56 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 Taiwan is experiencing significant growth and development due to various factors.

Customer preferences: Customers in Taiwan have a strong preference for high-speed and reliable network infrastructure. With the increasing demand for data-intensive applications such as video streaming, online gaming, and cloud computing, there is a need for robust network infrastructure that can handle the growing data traffic. Customers also value network security and privacy, as well as seamless connectivity across different devices and platforms.

Trends in the market: One of the key trends in the Service Provider Network Infrastructure market in Taiwan is the deployment of 5G technology. Taiwan has been actively investing in the development of 5G infrastructure, with several major telecommunications companies rolling out 5G networks across the country. This trend is driven by the increasing demand for faster and more reliable mobile connectivity, as well as the emergence of new applications and services that require low latency and high bandwidth. Another trend in the market is the adoption of software-defined networking (SDN) and network function virtualization (NFV) technologies. SDN and NFV enable service providers to virtualize their network infrastructure and automate network management, leading to greater flexibility, scalability, and cost-efficiency. This trend is driven by the need to adapt to changing customer demands and rapidly deploy new services.

Local special circumstances: Taiwan is known for its strong technology industry, with many leading hardware manufacturers and semiconductor companies based in the country. This local expertise and infrastructure provide a competitive advantage for the development and deployment of Service Provider Network Infrastructure in Taiwan. The presence of local players also fosters innovation and collaboration, driving the growth of the market.

Underlying macroeconomic factors: Taiwan has a strong and stable economy, with a high level of technological advancement and digitalization. The government has been actively promoting the development of digital infrastructure, including network infrastructure, to support the growth of the digital economy. This includes initiatives to improve broadband connectivity and encourage investment in 5G technology. The favorable economic conditions and government support create a conducive environment for the growth of the Service Provider Network Infrastructure market in Taiwan. In conclusion, the Service Provider Network Infrastructure market in Taiwan is experiencing significant growth and development driven by customer preferences for high-speed and reliable connectivity, the deployment of 5G technology, the adoption of SDN and NFV technologies, the presence of a strong technology industry, and favorable macroeconomic factors.

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.