Global Network Equipment Market Size & Outlook, 2023-2030
Global network equipment market, 2018-2030 (US$M)
Related Markets
Global network equipment market highlights
- The global network equipment market generated a revenue of USD 147,312.7 million in 2023 and is expected to reach USD 190,534.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.7% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 84,760.4 million in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 147,312.7 million |
| Market revenue in 2030 | USD 190,534.9 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 27.1% of the global network equipment market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 2,966.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Network Equipment Market Scope
Network Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global network equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to network equipment market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 57.54% in 2023. Horizon Databook has segmented the Global network equipment market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Network Equipment Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- RAN
- CRAN
- ORAN
- VRAN
- Core Network
- Fixed Access
- Others
- RAN
- Software
- Infrastructure Software
- OSS/BSS
- Others
- Services
- Professional Services
- Advisory/Consulting
- Design / Optimization
- Tools & automation
- Security
- Deployment Services
- Testing
- Installation
- Integration
- Managed Services
- Network Performance and Management
- App / Data Management
- RAN Operation Support
- Core Operation Support
- Security
- Training
- Professional Services
- Hardware
- Global Network Equipment Connectivity Outlook (Revenue, USD Million, 2018-2030)
- 2G/3G
- 4G LTE
- 5G
- Global Network Equipment Network Type Outlook (Revenue, USD Million, 2018-2030)
- Public Network
- Private Network
- Global Network Equipment End Users Outlook (Revenue, USD Million, 2018-2030)
- Telecom Operators
- Enterprises
- Public Safety
- Healthcare
- Retail and e-Commerce
- Banking, Financial Services, & Insurance
- Government & Defense
- Manufacturing
- Others
Reasons to subscribe to Global network equipment market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global network equipment market databook
-
Our clientele includes a mix of network equipment market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global network equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global network equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global network equipment market size, by regions, 2018-2030 (US$M)
Top 10 countries: Network equipment market size, 2023 (US$M)
Global network equipment market share, by component, 2023 & 2030 (%, US$M)
Network equipment market: Opportunity assessment by country
Global network equipment market, by region, 2023 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 39,579.0 | 39,592.4 | 39,416.6 | 39,397.7 | 39,546.5 | 39,877.3 | 40,442.5 | 41,224.1 | 42,213.0 | 43,436.2 | 44,877.7 | 46,456.0 | 48,141.6 | 2.7% |
| Europe | 34,301.6 | 34,777.6 | 35,091.7 | 35,549.5 | 36,166.7 | 36,962.7 | 37,993.9 | 39,252.2 | 40,737.8 | 42,485.5 | 44,489.5 | 46,677.3 | 49,025.6 | 4.1% |
| Asia Pacific | 46,909.4 | 47,863.7 | 48,604.0 | 49,552.1 | 50,733.9 | 52,181.2 | 53,979.0 | 56,122.3 | 58,617.8 | 61,522.5 | 64,835.2 | 68,457.3 | 72,359.9 | 4.8% |
| Latin America | 8,725.8 | 8,656.4 | 8,546.6 | 8,471.8 | 8,433.4 | 8,433.5 | 8,482.2 | 8,574.5 | 8,707.5 | 8,885.6 | 9,104.5 | 9,346.6 | 9,605.5 | 1.9% |
| MEA | 9,669.6 | 9,720.5 | 9,712.8 | 9,731.3 | 9,778.6 | 9,858.0 | 9,981.7 | 10,144.0 | 10,341.0 | 10,577.2 | 10,845.9 | 11,124.3 | 11,402.3 | 2.1% |
| Overall | 139,185.3 | 140,610.7 | 141,371.7 | 142,702.3 | 144,659.0 | 147,312.7 | 150,879.4 | 155,317.1 | 160,617.2 | 166,907.1 | 174,152.9 | 182,061.5 | 190,534.9 | 3.7% |
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
