Global Enterprise Networking market size is expected to reach $120.1 billion by 2029 at 8.4%, segmented as by product, routers, switches, network interface cards (nics), wireless access points, firewalls, load balancers, network security appliances

Enterprise Networking Market size was valued at USD 62.75 Billion in 2024 and is projected to reach USD 95.21 Billion by 2031, growing at a CAGR of 5.9% from 2024 to 2031.

Global Enterprise Networking Market Drivers

Digital Transformation: The increasing adoption of digital technologies across industries is driving the need for robust and scalable network infrastructures. Cloud Adoption: The shift towards cloud-based applications and services requires efficient network connectivity and management. IoT and Edge Computing: The proliferation of IoT devices and the rise of edge computing generate massive amounts of data, necessitating advanced networking solutions.

Global Enterprise Networking Market Restraints

High Implementation Costs: Implementing and maintaining complex enterprise networks can be expensive, especially for small and medium-sized businesses. Skill Shortage: A lack of skilled IT professionals with expertise in network design and management can hinder network deployment and optimization. Network Complexity: The increasing complexity of network architectures due to the convergence of IT and operational technologies (IT/OT) poses challenges for management and troubleshooting.

The Enterprise Networking Market Share size and share are expected to exceed USD 313.72 billion by 2032, with a compound annual growth rate (CAGR) of 5.4% .

Global Enterprise Networking Market is poised for a significant growth, with market size projected to surge from USD 65.98 Billion in 2024 to USD 103.15 Billion by 2033, showcasing a robust Compound Annual Growth Rate (CAGR) of 5.09% during the forecast period.

The Global Enterprise Networking market size to cross USD 103.15 Billion by 2033. [https://edison.valuemarketresearch.com//uploads/repor

In 2022, Cisco Systems made up ** percent of the enterprise network infrastructure market. Huawei followed, account for ten percent of the market.

According to Cognitive Market Research, the global Enterprise Networking market size will be USD 117541.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 9.00% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 43490.47 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 34087.12 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 28210.03 million in 2025 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue, with a market size of USD 4466.59 million in 2025 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2025 to 2033.
Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 4701.67 million in 2025 and will grow at a compound annual growth rate (CAGR) of 8.3% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 2585.92 million in 2025 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2025 to 2033.
Healthcare and Life Sciences are expected to have the highest CAGR of the Enterprise Networking industry

Market Dynamics of Enterprise Networking Market

Key Drivers for Enterprise Networking Market

Rising cybersecurity threats drive growth in the enterprise networking market

Increased cybersecurity threats are expected to drive the enterprise networking market forward. Cybersecurity threats are malicious actions taken with the intent to steal data, damage, or disrupt computing systems. Cybersecurity threats are growing as a result of expanding attack surfaces, evolving tactics by malicious actors, the proliferation of connected devices, and the growing reliance on digital infrastructure across multiple sectors. Enterprise networks protect against cyber threats by implementing firewalls, secure access controls, network segmentation, regular updates, encryption, security monitoring, employee training, and endpoint security. For instance, the Identity Theft Resource Centre (ITRC), a non-profit organisation based in the United States, reported a 78% increase in data breaches between 2022 and 2023, from 1,801 to 3,205 incidents. As a result, growing cybersecurity threats are propelling the enterprise networking market forward.

https://www.infosecurity-magazine.com/news/us-data-breaches-surge-2023/#:~:text=The%20number%20of%20reported%20data,these%20data%20breaches%20reached%20353%2C027%2C892.

Growing adoption of wireless devices boosts market Growth

The increased use of wireless devices is the most significant driver of market growth in the Enterprise Networking Market. Laptops, tablets, and smartphones are becoming increasingly popular among organisations, creating a high demand for dependable wireless networking. Wireless devices have increased flexibility and mobility, allowing employees to work from multiple locations while collaborating seamlessly. This shift to a mobile workforce necessitates cutting-edge wireless infrastructure, including Wi-Fi 6 and 5G, to ensure high-speed connectivity and consistent performance. Furthermore, the proliferation of Internet of Things (Iot) devices boosts demand for large-scale wireless networks. Companies are realising the benefits of wireless technology in terms of productivity and operational effectiveness, and the implementation of these devices is keeping the market growing rapidly.

Restraint Factor for the Enterprise Networking Market

High Initial Investment Costs Limit Market Growth

The high initial capital requirements are a significant barrier to growth in the Enterprise Networking Market. Companies may have to pay a high price to implement sophisticated network solutions, hardware, software, and infrastructure expansions. These high costs can be a constraint, especially for small and medium-sized businesses (SMES), which are not always cash-rich. Second, the requirement to integrate cutting-edge technologies with mature systems can cause additional financial strain. Firms may be hesitant to invest in newer technologies due to concerns about return on investment (ROI) and the risk of becomi...

The Enterprise Networking Market size was valued at USD 201.65 billion in 2023 and is projected to reach USD 299.23 billion by 2032, exhibiting a CAGR of 5.8 % during the forecasts period. Enterprise networking refers to the infrastructure and technologies that connect various devices and systems within a large organization. It encompasses hardware such as routers, switches, and firewalls, along with software-defined networking (SDN) solutions for efficient management. Secure and scalable, enterprise networks support critical functions like data storage, communication, and access to applications across diverse locations. This growth is attributed to factors such as:

The statistic shows the size of the enterprise network market in the United States, from 2013 to 2024, by equipment type. In 2018, the U.S. market for Ethernet switches was forecast to reach *** billion U.S. dollars in size.

The Global Enterprise Networking Market size is valued at around USD 124.29 billion in 2024 and is projected to grow at a CAGR of around 9.18% during 2024-30.

Enterprise Networking Market Outlook

The enterprise networking market size is poised to experience significant growth over the coming years, with a projected compound annual growth rate (CAGR) of 7.2% from 2024 to 2032. In 2023, the global enterprise networking market was valued at approximately $45 billion and is anticipated to reach around $83 billion by 2032. This growth is driven by a multitude of factors, including the increasing demand for high-speed and reliable network connectivity, the proliferation of connected devices, and the surge in digital transformation initiatives across various industries. As businesses continue to adopt advanced technologies such as cloud computing, IoT, and AI, the need for robust and scalable networking solutions becomes paramount.

One of the primary growth factors for the enterprise networking market is the rapid adoption of cloud-based services and solutions. Cloud computing has revolutionized how businesses operate, providing scalable, cost-effective, and flexible solutions that can be tailored to the unique needs of organizations. As more businesses migrate their operations to the cloud, the demand for networking solutions that can seamlessly integrate with cloud infrastructures has risen. This shift not only requires advanced networking hardware but also necessitates sophisticated software solutions that can manage the complexities of cloud environments, paving the way for significant growth in the overall market.

Additionally, the rise in remote work and the need for secured and reliable network access for employees working from various locations have further bolstered the demand for enterprise networking solutions. Companies are increasingly investing in virtual private networks (VPNs), secure communication tools, and enhanced network security measures to support their remote workforce. This trend is likely to persist as hybrid work models become more prevalent, necessitating robust networking infrastructure that ensures seamless connectivity and data security irrespective of the user's location. Consequently, businesses are adopting more sophisticated networking technologies to maintain operational continuity and protect sensitive data.

The increasing implementation of IoT devices across industries is another significant growth driver. With the proliferation of IoT, businesses are generating vast amounts of data that need to be transmitted, processed, and analyzed in real time. This scenario demands high-performance networking solutions capable of handling large data volumes, low latency requirements, and near-instantaneous data transfer. As industries such as manufacturing, healthcare, and retail increasingly rely on IoT for automation, monitoring, and operational efficiency, the need for advanced networking infrastructure to support these applications is expected to drive significant market growth.

Regionally, North America currently holds a dominant position in the enterprise networking market due to its early adoption of advanced technologies and the presence of major market players. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period. This growth can be attributed to the rapid digitalization initiatives across countries such as China, India, and Japan, combined with substantial investments in infrastructure development. Additionally, government initiatives aimed at improving connectivity and promoting digital economies in emerging markets are expected to further fuel the growth of the enterprise networking market in this region.

Component Analysis

The enterprise networking market is segmented into three main components: hardware, software, and services. Each plays a critical role in forming the backbone of modern network infrastructures. Hardware components, including routers, switches, access points, and network gateways, are essential for establishing and maintaining physical network connectivity. The hardware segment is a major contributor to the market share, driven by the continuous evolution of technology, which demands more sophisticated and capable devices. The need for faster data transfer rates, enhanced network reliability, and increased bandwidth has led to a surge in demand for next-generation networking hardware, such as high-speed routers and advanced switches.

Software constitutes another vital component of the enterprise networking market, encompassing network management, security, virtualization, and analytics solutions. As networks grow more complex, the demand for intelligent software that can manage, control, and optimize network reso

The Report Covers Enterprise Network Equipment Manufacturers and is segmented by Type (Switches, Routers, WLAN, and Network Security), and Geography (North America (United States, and Canada), Europe (Germany, United Kingdom, France, and Rest of Europe), Asia-Pacific (India, China, Japan, and Rest of Asia-Pacific), and Rest of the World). The market size and forecasts are Provided in USD million for all the above segments.

The size of the Enterprise Networking Market was valued at USD 115.8 USD billion in 2023 and is projected to reach USD 197.18 USD billion by 2032, with an expected CAGR of 7.9% during the forecast period. The enterprise networking market encompasses the technologies, systems, and solutions that enable businesses to connect, communicate, and exchange data within and across organizations. This market includes a wide range of networking components, such as routers, switches, firewalls, and wireless networks, which collectively facilitate efficient, secure data flow and connectivity. With the growing adoption of cloud computing, remote work, and digital transformation initiatives, demand for robust networking infrastructure is rising as enterprises seek to handle increased data loads and enhance connectivity between distributed locations. Key trends in the enterprise networking market include software-defined networking (SDN), network functions virtualization (NFV), and network automation. These technologies enable organizations to manage and scale their networks dynamically and efficiently, supporting complex and evolving digital environments. The shift toward SDN and NFV offers businesses flexibility, allowing them to move away from rigid hardware-based networking to more adaptive, software-driven solutions that can be adjusted in real time to meet operational needs. Key drivers for this market are: Increasing Adoption of Cloud-based Managed Services to Drive Market Growth. Potential restraints include: Adverse Health Effect May Hamper Market Growth. Notable trends are: Growing Implementation of Touch-based and Voice-based Infotainment Systems to Increase Adoption of Intelligent Cars.

The Global Enterprise Networking Market size is expected to reach $289.96 billion by 2032, rising at a market growth of 5.9% CAGR during the forecast period. It is often chosen by organizations seeking professional expertise, operational efficiency, and reduced internal resource requirements. Provid

In 2019, Cisco had a **** percent share of the global enterprise network market, whilst Huawei occupied *** percent of the market. Hewlett Packard Enterprise (HPE) ranked third among vendors, accounting for *** percent of the global enterprise network market.

Enterprise Network Market Outlook

The global enterprise network market size was valued at approximately USD 43.7 billion in 2023 and is anticipated to reach around USD 85.6 billion by 2032, growing at a robust CAGR of 7.6% over the forecast period. The market growth is primarily driven by the increasing demand for seamless connectivity and the rapid adoption of cloud-based solutions across various industries. Factors such as the rise in remote working, the proliferation of IoT devices, and the need for robust cybersecurity measures are all contributing to the expansion of this market.

One of the primary growth factors of the enterprise network market is the surge in digital transformation initiatives across industries. Companies are increasingly investing in advanced networking solutions to enhance their operational efficiency and agility. The need to support a wide range of applications and services, from cloud computing to data analytics, is driving enterprises to upgrade their network infrastructure. Additionally, the integration of artificial intelligence and machine learning into networking solutions is enabling more efficient network management and optimization, further boosting market growth.

Another significant growth driver is the exponential increase in data traffic. With the advent of big data, IoT, and mobile technologies, the volume of data generated and transmitted has skyrocketed. Enterprises need advanced network solutions to manage and process this data efficiently. High-speed and low-latency network solutions are becoming essential to support real-time data processing and analytics. This is particularly evident in sectors such as healthcare and finance, where timely and accurate data transmission is critical.

The growing prevalence of cyber threats and the need for enhanced security measures also play a crucial role in market growth. As enterprises move towards digitalization, they become more vulnerable to cyber-attacks. Network security solutions are essential in safeguarding sensitive data and ensuring business continuity. The rise in regulatory compliance requirements further necessitates the adoption of robust network security measures. Consequently, companies are investing heavily in secure and resilient network infrastructures to protect against potential threats.

In this evolving landscape, Enterprise Network Managed Service providers are playing a pivotal role in helping organizations navigate the complexities of modern networking. These services offer a comprehensive approach to network management, allowing enterprises to focus on their core business activities while ensuring their networks are optimized for performance and security. By outsourcing network management to specialized providers, companies can benefit from the latest technologies and expertise without the need for significant internal resources. This trend is particularly beneficial for businesses looking to enhance their operational efficiency and agility in a cost-effective manner.

From a regional perspective, the North American market is expected to maintain its dominance due to the early adoption of advanced technologies and the presence of major market players. However, the Asia Pacific region is projected to witness the highest growth rate, driven by the rapid industrialization, digitalization initiatives by governments, and the increasing number of small and medium enterprises (SMEs). Europe and Latin America are also poised for substantial growth, albeit at a slower pace compared to North America and Asia Pacific.

Component Analysis

The enterprise network market can be segmented by component into hardware, software, and services. Hardware remains a foundational element of enterprise networking, encompassing routers, switches, access points, and other physical devices. As businesses grow and expand, there is a continuous demand for more sophisticated and efficient hardware that can handle increased data loads and provide higher speeds. Innovations in networking hardware, such as advanced switches and routers with enhanced capabilities, are driving market growth. Moreover, the rise of 5G technology is expected to further accelerate demand for advanced networking hardware.

Software components are equally critical, encompassing network management software, security software, and other applications. The evolution of software-defined networking (SDN) and network function virtualization (NFV) has rev

According to Cognitive Market Research, the global Enterprise Network Equipment Market size is USD 56815.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.30% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 22726.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 17044.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 13067.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 2840.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 1136.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
The IT and Telecom sector is frequently considered the dominating segment inside the enterprise network equipment market.

Market Dynamics of Enterprise Network Equipment Market

Key Drivers for Enterprise Network Equipment Market

Increasing use of wireless devices

The expansion of smartphones, tablets, laptops, and other wireless devices in the workplace has increased the demand for enterprise networking solutions that can handle a huge number of devices while maintaining consistent connectivity. Furthermore, the increasing demand for wireless devices, which allow employees to work from wherever within the network service region, is a significant development driver. Aside from that, the increasing trend of BYOD, in which employees utilize personal devices for work, is providing a positive outlook for the market. Furthermore, the convergence of wireless devices, cloud computing, and edge computing has resulted in new networking requirements that can support seamless integration with cloud services and edge devices, allowing for more efficient data processing and storage.

Growth of Internet of Things (IoT) and virtualization technologies

Enterprise networking solutions provide seamless communication between IoT devices, connect them to cloud platforms, and provide the infrastructure required for secure and efficient IoT deployments. Aside from that, the extensive use of virtualization technologies in companies, such as server virtualization and network virtualization, to optimize resources, improve scalability, and reduce costs is helping to drive market expansion. In addition, the growing requirement to process and analyze vast amounts of data drives the use of scalable and high-performance networking infrastructure, such as business networking. Furthermore, the increasing usage of Software-Defined Networking (SDN) in enterprises is helping to expand the market by allowing them to centrally manage and control network infrastructure, enhancing flexibility, scalability, and cost effectiveness.

High Initial Investment and Operating Costs

Implementing and maintaining a sophisticated networking infrastructure incurs significant costs, including the purchase of hardware components, software licensing, and expert installation and setup services. Small and medium-sized organizations (SMEs) sometimes suffer budget constraints, limiting their capacity to invest in modern networking solutions. Furthermore, continuing operating expenses such as maintenance, upgrades, and network administration can increase the financial strain.

Impact of Covid-19 on the Enterprise Network Equipment Market

The COVID-19 pandemic had a tremendous impact on the worldwide economy, as well as 5G infrastructure rollout and deployment plans. To combat the virus's spread, governments in various nations ordered complete/strict lockdowns throughout the first two quarters of 2020. To prevent the virus from spreading, several major equipment manufacturers around the world have temporarily shut down their operations. The epidemic also prompted enterprises to quickly transition to a work-from-home model, resulting in the adoption of online platforms to assure company continuity and remote learning. This demanded the development of effective network services and solutions. The introduction of 5G technology, increased usa...

Report Overview

According to the research conducted by Market.us, the Global Refurbished Enterprise Networking Equipment Market is projected to reach USD 35.2 billion by 2034, up from USD 14.6 billion in 2024, growing at a CAGR of 9.2%. North America led the market in 2024, accounting for 36.7% of the share and generating approximately USD 5.3 billion, with the U.S. alone valued at USD 4.2 billion and expected to grow at 7.4% CAGR.

The growth in the market for refurbished enterprise networking equipment is primarily driven by the increasing need for cost-effective network solutions among small and medium-sized enterprises (SMEs). As businesses aim to enhance their tech capabilities, the high cost of new networking equipment is a barrier. Refurbished equipment provides a cost-effective alternative and supports sustainability efforts by reducing electronic waste, aligning with green IT policies.

One notable trend in the refurbished networking equipment market is the increasing integration of advanced technologies such as artificial intelligence (AI) and the Internet of Things (IoT). These technologies boost networking hardware capabilities, offering better management and security, especially in refurbished models. Additionally, the rise of vendor certification programs ensures refurbished equipment meets quality and performance standards, increasing trust and reliability for buyers.

The market presents several key opportunities, particularly in developing regions where the demand for affordable networking solutions is growing rapidly. Businesses in these regions can leverage refurbished equipment to build robust IT infrastructures at a lower initial investment. Another opportunity lies in partnerships between original equipment manufacturers (OEMs) and refurbishing companies to officially endorse and support refurbished products, thus enhancing customer confidence and expanding the market reach.

While there are significant benefits, there are also risks involved in purchasing refurbished networking equipment. The primary concern is the potential for shorter lifespans and higher maintenance costs compared to new equipment. There may also be issues with compatibility and lack of support for older hardware. Buyers need to be cautious and select reputable suppliers who offer warranties and support to mitigate these risks.

The market for refurbished enterprise networking equipment is set to expand as awareness of its benefits grows. Efforts to educate businesses about the economic and environmental advantages of refurbished equipment can drive market expansion. Additionally, the development of global standards for the refurbishing process could further boost consumer confidence and help the market grow.

The Enterprise Network Switch Market report segments the industry into By Type (Unmanaged Switch, Managed Switch, POE Switch, LAN Switch, Other Types), By Switching Port (10 GbE, 100 MbE & 1GbE, 40 GbE, 100 GbE), By Devices (PCs and Laptops, Printers, Other Devices), and By Geography (North America, Europe, Asia, Australia and New Zealand, Latin America, Middle East and Africa).

The Latin America, Middle East and Africa Enterprise Networking Market would witness market growth of 7.3% CAGR during the forecast period (2025-2032). The Brazil market dominated the LAMEA Enterprise Networking Market by Country in 2024, and would continue to be a dominant market till 2032; thereb

Europe Enterprise Networking Market is poised to witness substantial growth, reaching a value of USD 73.01 Billion by the year 2033, up from USD 44.06 Billion attained in 2024. The market is anticipated to display a Compound Annual Growth Rate (CAGR) of 5.77% between 2025 and 2033.

The Europe Enterprise Networking Market size to cross USD 73.01 Billion in 2033. [https://edison.valuemarketresearch