Network Infrastructure - Sweden

Sweden

Revenue in the Network Infrastructure market is projected to reach US$1.23bn in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$0.84bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 7.62%, resulting in a market volume of US$1.65bn by 2028.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$224.00 in 2024.
In global comparison, most revenue will be generated in China (US$45,690m in 2024).

Key regions: Europe, India, China, Japan, Germany

Definition:

The Network Infrastructure market focuses on hardware resources essential for service provider and enterprise networks. This market specifically focuses on solutions designed for the complex networking requirements of businesses and organizations, setting aside options like consumer-grade networking hardware products such as basic WIFI routers and network switches. These network infrastructure components are crucial in environments where reliable and secure connectivity, as well as efficient network operations, are paramount, establishing them as a fundamental part of the IT infrastructure in various industries.

Structure:

The Network Infrastructure market is structured in two markets based on the services model provided by the companies.

Service Provider Network Infrastructure covers the hardware resources of telecommunication service companies that enable wired and wireless network connectivity and communication to transfer voice and data.
Enterprise Network Infrastructure covers the hardware resources that enable wired and wireless network connectivity, communication, operations, and management of enterprises.

Additional Information:

The Network Infrastructure market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Network Infrastructure market include companies such as Huawei, HPE, Cisco, and Ericsson.

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Analyst Opinion

The Network Infrastructure market in Sweden is experiencing significant growth and development due to several key factors. Customer preferences in the Network Infrastructure market in Sweden are driving the demand for faster and more reliable network connections. With the increasing reliance on digital technologies and the need for seamless connectivity, customers in Sweden are seeking network infrastructure solutions that can support their growing data needs. This includes both individual consumers and businesses, who require robust network infrastructure to support their operations and ensure high-speed internet access. One of the key trends in the Network Infrastructure market in Sweden is the deployment of 5G technology. Sweden is at the forefront of 5G development and has been actively investing in the deployment of 5G networks across the country. The demand for faster and more reliable network connections, coupled with the growing adoption of Internet of Things (IoT) devices, has driven the need for 5G infrastructure in Sweden. This trend is expected to continue as more devices and applications require high-speed connectivity. Another trend in the Network Infrastructure market in Sweden is the increasing focus on sustainability and energy efficiency. Sweden has a strong commitment to environmental sustainability and has been actively promoting green initiatives in various sectors, including the telecommunications industry. As a result, there is a growing demand for network infrastructure solutions that are energy-efficient and have a minimal environmental impact. This includes the use of renewable energy sources and the implementation of energy-saving technologies in network infrastructure. In addition to customer preferences and global trends, there are also local special circumstances that are driving the development of the Network Infrastructure market in Sweden. One such circumstance is the country's geographical landscape. Sweden has a large land area with a relatively small population, which presents unique challenges for network infrastructure deployment. The need to cover vast areas with a limited population density requires innovative solutions and infrastructure design. Furthermore, the Swedish government has been actively promoting digitalization and investing in the development of digital infrastructure. This includes initiatives to expand broadband access in rural areas and support the growth of digital services. These efforts have created a favorable environment for the Network Infrastructure market in Sweden, attracting both domestic and international players to invest in the country's network infrastructure. Underlying macroeconomic factors, such as the overall economic growth and investment climate in Sweden, also play a role in the development of the Network Infrastructure market. A strong economy and favorable business environment encourage investment in network infrastructure projects, which further drives market growth. In conclusion, the Network Infrastructure market in Sweden is experiencing significant growth and development driven by customer preferences, global trends, local special circumstances, and underlying macroeconomic factors. The demand for faster and more reliable network connections, the deployment of 5G technology, the focus on sustainability and energy efficiency, the geographical landscape, government initiatives, and the overall economic climate are all contributing to the growth of the market.

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.