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Enterprise Networking Market 2019 Worldwide Analysis, Opportunities and Forecast To 2024

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APAC enterprise networking market is primarily driven by the large-scale adoption of cloud-based infrastructure in the region as the organizations are actively transferring their workloads onto the public cloud.

— The North America enterprise networking market is projected to witness significant growth in the years to come, a feat that can be credited to the increasing prominence of myriad cyber-threats and attacks in the region. According to a study by the Center for Strategic & International Studies (CSIS), since 2006, North America recorded a massive amount of significant cyber security incidents – mainly from the United States, which by far witnesses the greatest number of cyber security incidents as compared to other nations by a wide margin.

According to The Heritage Foundation, no other form of threat in North America has grown as rapidly or in a more difficult to comprehend manner as the threat posed by cyberattacks. The 2016 Cyber Security Intelligence Index report by IBM claims financial services, health care and manufacturing are the three most targeted sectors due to the vast quantities of personal as well as potential monetary data that defines these domains. This would consequently be responsible for the accelerated adoption of new as well as upgraded enterprise networks in the region, facilitating the expansion of North America enterprise networking industry.

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APAC enterprise networking market is primarily driven by the large-scale adoption of cloud-based infrastructure in the region as the organizations are actively transferring their workloads onto the public cloud. According to a report by the not-for-profit organization, Cloud Security Alliance (CSA), in APAC, Japan, South Korea, Singapore & China are some of the primary nations that have witnessed the highest cloud adoption rate in 2017. The rising prominence of the cloud computing environment has further enabled network architectures that are disparate in nature to contribute to the increasing operational burden.

The global enterprise networking market, in the years to come, is anticipated to be majorly driven by the surging demands for real-time & secure communication between devices due to booming connected device sales. Global enterprises, in an effort to overcome the escalating bandwidth bottleneck and network traffic issues, are adopting network management solutions for managing rising network traffic while also ensuring an enhanced network security. Moreover, with an exponential rise in the use of a plethora of different Internet of Things (IoT) devices fueling the rise of a diverse array of security risks that are usually associated with IoT devices that are unsecured, companies are rolling out enterprise network security solutions to secure their respective organization’s network and obtain visibility of endpoints as well as unsecured applications & devices.

According to a 2018 Enterprise Networking Trends report by Cisco, the company in 2017 had redefined networking with the launch of the first intent-based networking system in the world. The company anticipates that going further, intent-based networking would be the future of networking and would also be responsible for fundamentally changing the way companies think about networks & empowering IT and help the firms with disruptions caused by IoT & cloud.

Browse key industry insights spread across 270 pages with 456 market data tables & 26 figures & charts from the report, Enterprise Networking Market in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/enterprise-network-equipment-market

Enterprise networking market trends are also expected to witness a transformation on account of changing customer preferences toward converged network architecture as well as the network virtualization technology to strengthen the network functions. Shifting user inclination has further enabled organizations to enhance network efficiency at reduced operational costs, which would provide renewed growth prospects for enterprise networking market.

Attributing to the increasing network capacity needs across several global enterprises, the growth graph of enterprise networking market is projected to witness an exponential incline in the years ahead. According to Global Market Insights Inc., enterprise networking market size is expected to be pegged at a mammoth $90 billion by 2024.

Glimpse of Table of Content (ToC)

Chapter 7.Enterprise Networking Market, By Application
7.1.Key trends, by application
7.2.BFSI
7.2.1. BFSI market estimates and forecast, 2013-2024
7.3.Healthcare
7.3.1. Healthcare market estimates and forecast, 2013-2024
7.4.IT & telecom
7.4.1. IT & telecom market estimates and forecast, 2013-2024
7.5.Manufacturing
7.5.1. Manufacturing market estimates and forecast, 2013-2024
7.6.Retail
7.6.1. Retail market estimates and forecast, 2013-2024
7.7.Government & public sector
7.7.1. Government & public sector market estimates and forecast, 2013-2024
7.8.Energy & utility
7.8.1. Energy & utility market estimates and forecast, 2013-2024
7.9.Others
7.9.1. Others market estimates and forecast, 2013-2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/enterprise-network-equipment-market

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Organization: Global Market Insights, Inc.
Address: 4 North Main Street
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Website: https://www.gminsights.com/pressrelease/enterprise-networking-market

Source URL: https://marketersmedia.com/enterprise-networking-market-2019-worldwide-analysis-opportunities-and-forecast-to-2024/88928432

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Release ID: 88928432

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