Network Infrastructure - Turkey

Turkey

Revenue in the Network Infrastructure market is projected to reach US$1.28bn in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$0.94bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 4.04%, resulting in a market volume of US$1.50bn by 2028.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$36.72 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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Market

Region

Region comparison

Currency

Analyst Opinion

The Network Infrastructure market in Turkey is experiencing significant growth and development due to various factors.

Customer preferences: Customers in Turkey are increasingly demanding faster and more reliable network infrastructure to support their growing digital needs. With the rise of e-commerce, online streaming, and remote working, there is a greater need for high-speed internet connections and robust network infrastructure. Customers also prefer scalable and flexible solutions that can easily adapt to their changing requirements.

Trends in the market: One of the key trends in the Network Infrastructure market in Turkey is the increasing adoption of 5G technology. As Turkey aims to become a regional technology hub, there is a growing focus on upgrading the existing network infrastructure to support the deployment of 5G networks. This trend is driven by the need for faster data speeds, lower latency, and increased capacity to support emerging technologies such as Internet of Things (IoT) and smart cities. Another trend in the market is the growing demand for cloud services. As businesses in Turkey increasingly rely on cloud-based applications and services, there is a need for robust network infrastructure to ensure seamless connectivity and data transfer. This trend is further fueled by the COVID-19 pandemic, which has accelerated the adoption of remote working and digital transformation initiatives.

Local special circumstances: Turkey's strategic location between Europe and Asia makes it a key transit hub for international data traffic. This has led to the development of submarine cable systems and data centers in the country. The government has also implemented initiatives to attract foreign investments in the network infrastructure sector, further driving the growth of the market.

Underlying macroeconomic factors: Turkey has a young and tech-savvy population, which is driving the demand for digital services and infrastructure. The government's focus on digital transformation and its investments in infrastructure development are also contributing to the growth of the Network Infrastructure market. Additionally, Turkey's favorable regulatory environment and competitive landscape are attracting both local and international players to invest in the market. In conclusion, the Network Infrastructure market in Turkey is witnessing significant growth and development driven by customer preferences for faster and more reliable connectivity, the adoption of 5G technology, the increasing demand for cloud services, and the country's strategic location as a transit hub. The government's focus on digital transformation and favorable regulatory environment are also contributing to the market's growth.

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.