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Enterprise Communication Infrastructure Market

Analysis by Type (Public, Private, and Hybrid); by Deployment (Cloud, and On-Premises); and by End-User (IT & Telecom, Retail, Manufacturing, BFSI, and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2035

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Report ID: 3461 | Published On: Feb 08, 2023
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Global Enterprise Communication Infrastructure Market Size, Forecast, and Trend Highlights Over 2023 - 2035

The global enterprise communication infrastructure market is estimated to garner a revenue of ~USD 197 Billion by the end of 2035 by growing at a CAGR of ~15% over the forecast period, i.e., 2023 – 2035. Further, the market generated a revenue of ~USD 71 Billion in the year 2022. The growth of the market can be attributed to the worldwide increasing IT expenditure of companies. For instance, global IT expenditure is projected to hit approximately ~USD 4.9 trillion in 2023, a 5% from 2022. Besides this, the escalating ratio of data traffic is also anticipated to boost the growth of the global enterprise communication infrastructure market during the forecast period.

 In addition to these, factors that are believed to fuel the market growth of enterprise communication infrastructure include the rise in the adoption of new technologies such as IoT, cloud reparation, and so on in enterprise communication. These emerging technologies are efficient in faster communication and network within the applications. For instance, around 15% of new enterprise IT infrastructure is estimated to deploy edge computing by the end of 2023. In addition to this, the dynamic surge in the adoption of edge computing is also estimated to propel market growth in the coming years.


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Global Enterprise Communication Infrastructure Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~15%

Base Year Market Size (2022)

~ USD 71 Billion

Forecast Year Market Size (2035)

~ USD 197 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Global Enterprise Communication Infrastructure Market: Growth Drivers and Challenges

Growth Drivers

  • Worldwide Growing Penetration of Smartphones - Smartphones have become an important part of everyday life. People without a smartphone are severely hindered in their potential to engage in the full range of today's economic and societal activities. Individuals all across the world can now use mobile to not only communicate more effectively, but also make payments, purchase, and even remotely operate gadgets in their homes. Therefore, the globally increasing penetration of smartphones is estimated to drive market growth further in the coming years. For instance, the total number of smartphone users in the world is around 6.97 billion by the first half of 2023, representing nearly 87.25% of the global population.
  • Massive Surge in the Adoption of Artificial Intelligence - The implementation of human intelligence functions by machines, particularly computer systems, is known as artificial intelligence. These machines are programmed to think and imitate humans. It is mostly employed for learning and problem-solving. In the context of enterprises, AI is rapidly becoming a useful resource for data analytics and data scientists. Furthermore, artificial intelligence has proved to be one of the least expensive methods of maintaining and enhancing communication speeds. Hence, such broad benefits are estimated to expand the adoption of artificial intelligence in enterprise communication infrastructure during the projected time frame. For instance, approximately 40% of enterprises are considering the use of AI while around 39% of businesses are already utilizing it.
  • Surging Adoption of Bring Your Own Device (BYOD) Policy - Bring Your Own Device (BYOD) has emerged as a major trend for various companies worldwide, which increases the productivity of the workplace. An effective BYOD policy entails a sound investment in communication infrastructure and security. Hence, the surging adoption of the BYOD policy is also projected to fuel market growth over the forecast period. For instance, globally approximately 86% of organizations have implemented some form of BYOD policy.
  • Growing Implementation of Wi-Fi 6 Technology - Wi-Fi 6 is a major improvement over early versions of Wi-Fi which is also known as 802.11ax. It enables quicker connection rates. Wi-Fi 6, makes Wi-Fi technology more convenient and faster for commercial use, voice and data connections, and industrial internet of things technologies. Hence, it is boosting the demand and adoption of this latest technology. This, as a result, is anticipated to fuel the market growth over the forecast period. As per a report, more than 2 billion Wi-Fi 6 devices and 360 million Wi-Fi 6E devices were estimated to be available to consumers in 2022.
  • Surging Incorporation of IoT – For instance, IoT technology is currently estimated to have embraced by approximately 88% of organizations.

Challenges

  • Rise in Data Security Threats Across the Globe – As of the growing number of employees who work remotely, data transfer between corporate and personal devices is probably inevitable. Storing sensitive data on personal devices drastically elevates the risk of cyber-attacks. For instance, currently, every day around 35,000 websites are hacked throughout the world. Moreover, nearly 66% of organizations globally have been exposed to at least one type of cyber-attack. Therefore, this factor is anticipated to hinder market growth in the coming years.
  • Poor IT Infrastructure in Developing Regions
  • Lack of Awareness About Data Breaches in Emerging Nations


Global Enterprise Communication Infrastructure Market Segmentation

The global enterprise communication infrastructure market is segmented and analyzed for demand and supply by type into public, private, and hybrid. Out of these three types of segments, the private segment is estimated to gain the largest market share of about ~71% in the year 2035. The growth of the segment can be attributed to the potential of lowering the dependence on a specific service provider, along with delivering full control over operating processes. In addition to this, a private network fulfills the best requirements of an organization regarding security concerns. For instance, in the third quarter of 2022, the worldwide ratio of organizations and government departments deployed private networks exceeded around 978, up from 884 at the end of June and 728 at the end of 2021. Moreover, the advantage of customization as per the requirements of an organization is another major factor that is projected to gain the traction of businesses for the increased implementation of the private network during the projected time frame. Hence, this factor is also anticipated to drive segment growth during the forecast period.

The global enterprise communication infrastructure market is also segmented and analyzed for demand and supply by deployment into the cloud, and on-premises. Amongst these two segments, the on-premises segment is expected to garner a significant share of around ~65% in the year 2035. The growth of the segment can be attributed to the dynamically rising preference for in-house IT solutions, along with having full-fledged control over hardware and software platforms for upgradation, and configuration. 

Our in-depth analysis of the global enterprise communication infrastructure market includes the following segments:

      By Type

  • Public
  • Private
  • Hybrid

     By Deployment

  • Cloud
  • On-Premises

    By End-User

  • IT & Telecom
  • Retail
  • Manufacturing
  • BFSI
  • Others
 

 


Global Enterprise Communication Infrastructure Market Regional Synopsis

The North American enterprise communication infrastructure market, amongst the market in all the other regions, is projected to hold the largest market share of about ~42% by the end of 2035. The growth of the market can be attributed majorly to the early adoption of technologies in the United States, the high implementation of the cloud, and rising investments in innovating and adding additional services to the offerings by IT companies in the region. For instance, as of now, more than 50% of government organizations in the United States are using the cloud. The public spending on cloud in the country was also evaluated to rise by more than 17% by the end of 2021. In addition to this, the strong presence of major market players, coupled with the expanding deployment of 5G technology is also estimated to propel the market growth further in the region during the forecast period.

The Asia Pacific enterprise communication infrastructure market, amongst the market in all the other regions, is projected to hold the second largest share of about ~21% during the forecast period. The growth of the market can be attributed majorly to the rapid technological advancements in the IT sector, and the rising adoption of 5G in numerous nations of the region. For instance, South Korea gained the greatest 5G accessibility in the Asia Pacific region in 2022, with users connected to 5G grossing nearly 31.8% of the time. Moreover, the growing establishment of technological startups and robust rate of industrialization in the region are also estimated to fuel the market growth in the region in the coming years. In addition to this, the surging ratio of cloud computing, and the growing trend of BYOD in organizations are also estimated to skyrocket the growth of the enterprise communication infrastructure market in the APAC region during the projected time frame.

Further, the market in the European region, amongst the market in all the other regions, is projected to hold a considerable share of about ~16% by the end of 2035. The growth of the market can be attributed majorly to the increasing penetration of the internet, coupled with the surging deployment of advanced networking solutions by enterprises are also estimated to spur the market growth. Moreover, numerous organizations have been using managed IT solutions in the European region and this ratio is estimated to rise more in the upcoming years. This as a factor, is also estimated to add more growth opportunities to the enterprise communication infrastructure market in the region over the forecast period.

 

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Top Featured Companies Dominating the Global Enterprise Communication Infrastructure Market

    • Microsoft Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Cisco Systems, Inc.
    • DXC Technology Company
    • Zyxel Communications Corp.
    • VMware, Inc.
    • The International Business Machines Corporation (IBM)
    • Avaya Inc.
    • Mitel Networks Corporation
    • Orange SA
    • 8x8, Inc.

In The News

  • Cisco Systems, Inc. has partnered with NTT Ltd. to develop the technology and manage services that would help enterprise customers to successfully implement Private 5G and improve objectives. By employing Intel hardware and NTT's first-to-market Managed Private 5G solution, the organizations hope to boost edge connection.

  • Avaya Inc. disclosed its strategic collaboration with ALE International to enhance the cloud migration of its clients. This partnership is anticipated to broaden the availability of Avaya's OneCloud CCaaS (Contact Center as a Service) configurable services to ALE's worldwide client base, and also the same is estimated to provide ALE's digital networking solutions available to Avaya customers globally.


Global Economic Impact

Request Insights
Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the enterprise communication infrastructure market?

Ans: Worldwide growing penetration of smartphones, massive surge in the adoption of artificial intelligence, and growing implementation of Wi-Fi 6 technology are the major factors driving the market growth.

2) What would be the CAGR of enterprise communication infrastructure market over the forecast period?

Ans: The market is anticipated to attain a CAGR of ~15% over the forecast period, i.e., 2023 – 2035.

3) What are the challenges affecting the enterprise communication infrastructure market growth?

Ans: Rise in data security threats across the globe, poor IT infrastructure in developing regions, and lack of awareness about data breaches in emerging nations are estimated to be the growth hindering factors for the market expansion.

4) Which region will provide more business opportunities for growth of enterprise communication infrastructure market in future?

Ans: The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

5) Who are the major players dominating the enterprise communication infrastructure market?

Ans: The major players in the market are Microsoft Corporation, Cisco Systems, Inc., DXC Technology Company, Zyxel Communications Corp., VMware, Inc., The International Business Machines Corporation (IBM), and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the enterprise communication infrastructure market?

Ans: The market is segmented by type, deployment, end-user, and by region.

8) Which segment captures the largest market size in the type segment in the enterprise communication infrastructure market?

Ans: The private segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

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