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Networking Products Market, Global Outlook and Forecast 2024-2030

Networking Products Market, Global Outlook and Forecast 2024-2030

  • Published on : 27 March 2024
  • Pages :107
  • Report Code:SMR-7930497

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Report overview

The global Networking Products market was valued at US$ 150.6 billion in 2023 and is projected to reach US$ 184.47 billion by 2030, at a CAGR of 4.2% during the forecast period.

This research report provides a comprehensive analysis of the Networking Products market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Networking Products market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Networking Products, challenges faced by the industry, and potential opportunities for market players.

The global Networking Products market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Networking Products market presents opportunities for various stakeholders, including Governments, Financial Agencies. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Networking Products market. Additionally, the growing consumer demand present avenues for market expansion.

As technology continues to advance, the demand for robust and efficient networking products has surged.

End-User Preferences

  • Wi-Fi 6 Adoption: With the rollout of Wi-Fi 6, nearly 60% of consumers have either upgraded to or are planning to upgrade to devices supporting this technology within the next year.

  • Mesh Networks: Approximately 45% of home users have adopted mesh networking systems to enhance coverage and connectivity, especially in larger homes.

Performance and Satisfaction

  • Speed and Reliability: Over 70% of users have reported significant improvements in internet speed and reliability after upgrading their networking equipment, with average speeds increasing by 40%.

  • User Satisfaction: Customer satisfaction scores for leading networking brands have averaged around 85%, indicating a high level of end-user contentment with the performance and features of modern networking products.

Security and Management

  • Security Features: About 65% of end-users prioritize security features when purchasing networking products, with built-in firewalls and VPN support being the most sought-after.

  • Ease of Management: 55% of consumers favor networking products with user-friendly management interfaces, such as mobile apps and web-based dashboards, which simplify setup and ongoing management.

Future Trends

  • IoT Integration: The integration of Internet of Things (IoT) devices is driving the demand for more advanced networking solutions. By 2025, it's estimated that over 50 billion IoT devices will be connected worldwide, significantly impacting the networking landscape.

  • 5G Networks: The deployment of 5G networks is expected to revolutionize the industry, with end-users experiencing up to 10 times faster speeds and lower latency compared to current 4G networks. By 2026, 5G is projected to cover 60% of the global population.

The networking products market is experiencing rapid growth and transformation, driven by advancements in technology and increasing consumer demand for faster, more reliable, and secure connectivity. 

Key Features:
The research report on the Networking Products market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Networking Products market.
Market Overview: The report provides a comprehensive overview of the Networking Products market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Routers, Hubs), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Networking Products market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Networking Products market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Networking Products market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Networking Products market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Networking Products market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Networking Products market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Networking Products, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Networking Products market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Networking Products market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type

  • Routers
  • Hubs
  • LAN Modems
  • LAN Switches
  • Network Interface Cards
Market segment by Application
  • Governments
  • Financial Agencies
  • Communications
  • Education
  • Health Care
  • Manufacturing
Global Networking Products Market Segment Percentages, By Region and Country, 2023 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Major players covered
  • Cisco
  • HP
  • Juniper
  • Huawei
  • Arista
  • VMware
  • Riverbed
  • NetScout
  • Extreme Networks
  • Dell

Outline of Major Chapters:
Chapter 1: Introduces the definition of Networking Products, market overview.
Chapter 2: Global Networking Products market size in revenue.
Chapter 3: Detailed analysis of Networking Products company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Networking Products in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.