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Canadian Networking Equipment Forecast, 2019–2023

Canadian Networking Equipment Forecast, 2019–2023

This IDC study is the follow-up to Canadian Networking Equipment Forecast, 2018–2022 (IDC #CA42531218, May 2018). The networking equipment market in Canada is forecast to reach $2.93 billion in revenue in 2023, resulting in a five-year CAGR of 1.2%.Kevin Lonergan, research manager, Networking Equipment and Security, IDC Canada, says, "2018 was a strong year for network equipment, but growth trends are expected to return to low single digits over the forecast period. Cloud is transforming the network equipment market, reducing the need for datacentre infrastructure, while at the same time increasing demand for bandwidth and low latencies at the edge."

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Wi-Fi 6 (wireless ax) Adoption
Inhibitors
Public Cloud
Virtualized Network Functions
Hosted IP PBX Services
Changes from Prior Forecast
Market Definition
Methodology
Related Research

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