North America Network Equipment Market Size & Outlook
North America network equipment market, 2018-2030 (US$M)
Related Markets
North America network equipment market highlights
- The North America network equipment market generated a revenue of USD 39,877.3 million in 2023.
- The market is expected to grow at a CAGR of 2.7% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 39,877.3 million |
| Market revenue in 2030 | USD 48,141.6 million |
| Growth rate | 2.7% (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 |
| Key market players worldwide | Telefonaktiebolaget L M Ericsson ADR, Nokia Oyj, Samsung Electronics Co Ltd, ZTE Corp Class H, Juniper Networks Inc, Huawei Technologies, Cisco Systems Inc, Hewlett Packard Enterprise Co, Broadcom Inc, Alcatel-Lucent Enterprise |
Other key industry trends
- In terms of revenue, North America region accounted for 27.1% of the global network equipment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 72,359.9 million by 2030.
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Network Equipment Market Scope
Network Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 58.32% in 2023. Horizon Databook has segmented the North America network equipment market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- North America 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
- North America Network Equipment Connectivity Outlook (Revenue, USD Million, 2018-2030)
- 2G/3G
- 4G LTE
- 5G
- North America Network Equipment Network Type Outlook (Revenue, USD Million, 2018-2030)
- Public Network
- Private Network
- North America 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
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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 North America network equipment market databook
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Our clientele includes a mix of network equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the North America network equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America network equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America network equipment market size, by country, 2018-2030 (US$M)
North America Network Equipment Market Outlook Share, 2023 & 2030 (US$M)
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