Global Enterprise Network Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Hardware, Software, and Services.

By Connectivity;

2G/3G, 4G LTE, and 5G.

By Equipment;

Routers, Ethernet Switches, and WLAN Controllers.

By Vertical;

BFSI, Healthcare & Lifesciences, Communication, Media & Services, Retail, Manufacturing, Energy & Utility, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn850390445 Published Date: May, 2025 Updated Date: June, 2025

Enterprise Network Equipment Market Overview

Enterprise Network Equipment Market (USD Million)

Enterprise Network Equipment Market was valued at USD 13,161.43 million in the year 2024. The size of this market is expected to increase to USD 21,978.05 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.


Global Enterprise Network Equipment Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 7.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.6 %
Market Size (2024)USD 13,161.43 Million
Market Size (2031)USD 21,978.05 Million
Market ConcentrationMedium
Report Pages313
13,161.43
2024
21,978.05
2031

Major Players

  • Telefonaktiebolaget LM Ericsson
  • Nokia Corporation
  • Samsung Electronics Co., Ltd.
  • ZTE Corporation
  • Juniper Networks, Inc.
  • Huawei Technologies Co., Ltd.
  • Cisco Systems, Inc.
  • Hewlett Packard Enterprise Development LP
  • Broadcom

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Enterprise Network Equipment Market

Fragmented - Highly competitive market without dominant players


The Enterprise Network Equipment Market is steadily growing as companies seek faster, more reliable connectivity to handle expanding digital operations. With around 65% of organizations prioritizing network upgrades, the push for modern, high-performance systems is reshaping enterprise IT strategies. This trend highlights the essential role of network equipment in enabling business continuity.

Cloud and Virtual Network Integration Accelerating Demand
An increasing number of enterprises are adopting cloud platforms and virtualized environments, reshaping traditional IT infrastructure. About 58% of businesses now rely on software-defined networking components, accelerating the demand for adaptive and programmable network gear. This evolution is crucial for supporting dynamic, service-driven IT ecosystems.

Security-Centric Hardware Gains Traction
Security remains a top consideration in network planning, with over 50% of new deployments emphasizing hardware-embedded protection. Enterprises are turning to integrated systems that include encrypted traffic handling, advanced threat detection, and seamless access controls. This movement is shaping a more resilient and secure digital environment.

Automation and 5G Driving Future Readiness
The shift toward automated operations and 5G adoption is setting the stage for the next growth phase. With nearly 40% of enterprises deploying automation for network configuration and performance tuning, modern equipment is becoming essential. Integrating 5G support is also a strategic focus to ensure long-term competitiveness.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Connectivity
    3. Market Snapshot, By Equipment
    4. Market Snapshot, By Vertical
    5. Market Snapshot, By Region
  4. Enterprise Network Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Data Traffic

        2. IoT Device Proliferation

        3. Remote Work Surge

      2. Restraints
        1. High Initial Costs

        2. Complex Integration Processes

        3. Security Concerns

      3. Opportunities
        1. AI Integration Potential

        2. Edge Computing Expansion

        3. 5G Network Rollout

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Enterprise Network Equipment Market, By Component, 2021 - 2031 (USD Million)
      1. Hardware

      2. Software

      3. Services

    2. Enterprise Network Equipment Market, By Connectivity, 2021 - 2031 (USD Million)
      1. 2G/3G

      2. 4G LTE

      3. 5G

    3. Enterprise Network Equipment Market, By Equipment, 2021 - 2031 (USD Million)\
      1. Routers
      2. Ethernet Switches
      3. WLAN Controllers
    4. Enterprise Network Equipment Market, By Vertical, 2021 - 2031 (USD Million)
      1. BFSI
      2. Healthcare & Lifesciences
      3. Communication
      4. Media & Services
      5. Retail
      6. Manufacturing
      7. Energy & Utility
      8. Others
    5. Enterprise Network Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Telefonaktiebolaget LM Ericsson
      2. Nokia Corporation
      3. Samsung Electronics Co., Ltd.
      4. ZTE Corporation
      5. Juniper Networks, Inc.
      6. Huawei Technologies Co., Ltd.
      7. Cisco Systems, Inc.
      8. Hewlett Packard Enterprise Development LP
      9. Broadcom
  7. Analyst Views
  8. Future Outlook of the Market