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Enterprise Communication Infrastructure Market Segmentation by Type (Public, Private, and Hybrid); by Deployment (Cloud, and On-Premise); by End User (IT and Telecom, Retail, Manufacturing, BFSI, and Others) – Global Demand Analysis & Opportunity Outlook 2030

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Extensive insights into the Growth of Enterprise Communication Infrastructure Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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IN THE NEWS

·   August 2021- Microsoft announced that it will raise the prices of its Office 365 business subscriptions by the end of 2022. The workspace suite offers various productivity apps such as Excel and Word. The price hikes are expected to boost the company’s total revenue and profit, as the Office line remains the company’s top product in terms of sales.

Global Enterprise Communication Infrastructure Market Highlights 2022 – 2030

The global enterprise communication infrastructure market is estimated to gather a sizeable revenue by growing at a CAGR of ~15% over the forecast period, i.e., 2022 – 2030. The growth of the market can be attributed to the considerable increase in the IT budgets of companies, continuous evolution and application of new technologies, and growing penetration of smartphones across the globe. Approximately 5.65 billion people around the world were using smartphones, which increased up to more than 6 billion users by the end of the year 2020. By 2025, about 7.3 billion people are calculated to become smartphone users. Along with these, generation of large volumes of data worldwide, and rising adoption of cloud-based services among small and medium sized organizations are also expected to be crucial factors driving market growth in the upcoming years. Furthermore, deployment of enterprise communication infrastructure offers increased research and development potential, greater computing density and high cost-effectiveness. This in turn is projected to raise the demand for these technologies in the near future.

Enterprise Communication Infrastructure Market

The market is segmented by end user into IT and telecom, retail, manufacturing, BFSI, and others, out of which, the retail segment is anticipated to hold the largest share in the global enterprise communication infrastructure market on account of the increasing multi-channel retail over which customers and employees communicate, and growing usage of enterprise communication infrastructure by multi-channel retailers. Apart from these, the ability of this infrastructure to engage customers across channels such as mobile, web and social media, is also assessed to drive growth to this market segment in the future. Additionally, on the basis of deployment, the cloud segment is predicted to observe the highest growth over the forecast period, which can be credited to the excellent accessibility, low maintenance cost, high data security and unlimited storage capacity of cloud, evaluated to boost the demand for these services in the imminent time.    

Major Macro-Economic Indicators Impacting the Market Growth

Research Expenditure

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.

Global Enterprise Communication Infrastructure Market Regional Synopsis

On the basis of geographical analysis, the global enterprise communication infrastructure market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in the North America is estimated to gather the largest share over the forecast period on the back of the early adoption of technologies in the United States, high implementation of 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 percent of the government organizations in the United States are using the cloud. The public spending on cloud in the country is also evaluated to rise by more than 17 percent by the end of 2021. In addition, strong presence of major market players is also predicted to drive market growthy in the coming years. Moreover, the market in Asia Pacific is predicted to witness noteworthy growth during the forecast period owing to the rapid technological advancements in the IT sector, growing establishment of technological startups, and robust rate of industrialization in the region.

The global enterprise communication infrastructure market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Market Segmentation

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

By Type

  • Public
  • Private
  • Hybrid

By Deployment

  • Cloud
  • On-Premise

By End User

  • IT and Telecom
  • Retail
  • Manufacturing
  • BFSI
  • Others

Growth Drivers

  • Increase in the IT Budgets of Companies
  • Growing Penetration of Smartphones Across the Globe

Challenges

  • Rising Data Security Concerns Worldwide
  • Poor IT Infrastructure in Developing Regions

Top Featured Companies Dominating the 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.
  • AT&T Inc.
  • IBM Corporation
  • DXC Technology Company
  • Talari Networks Inc.
  • Zyxel Communications Corporation
  • Versa Networks, Inc.
  • VMware, Inc.
  • VeloCloud Networks, Inc.

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