North America Network Equipment Market Size & Outlook
The network equipment market in North America is expected to reach a projected revenue of US$ 48,141.6 million by 2030. A compound annual growth rate of 2.7% is expected of North America network equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$39,877.3
Forecast, 2030 (US$M)
$48,141.6
CAGR, 2024 - 2030
2.7%
Report Coverage
North America
North America network equipment market, 2018-2030 (US$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 segmentation & scope
CRAN
ORAN
VRAN
Core Network
Fixed Access
Others
Infrastructure Software
OSS/BSS
Others
Advisory/Consulting
Design / Optimization
Tools & automation
Security
Testing
Installation
Integration
Network Performance and Management
App / Data Management
RAN Operation Support
Core Operation Support
Security
Training
Telecom Operators
Public Safety
Healthcare
Retail and e-Commerce
Banking, Financial Services, & Insurance
Government & Defense
Manufacturing
Others
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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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.
Partial client list
North America network equipment market size, by country, 2018-2030 (US$M)
North America Network Equipment Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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