European Enterprise Networking Forecast, 2020–2024
This IDC Market Forecast provides an overview of spending in enterprise networking in Europe, particularly, spending in the enterprise switching, routers, and WLAN markets until 2024. It includes market drivers and inhibitors, a view on the market impact of the coronavirus (COVID-19), and essential guidance for technology and services vendors."Although the impact of COVID-19 will cause the enterprise network equipment market to decline in 2020, we expect a recovery in early 2021 and growth at a CAGR of 1.7% until the end of the forecast period. Increased pent-up demand and the need for business continuity, network resilience, and Digital Transformation (DX) enablement post-crisis will continue to remain strong drivers for networking investments," said Sylvia Wünsche, senior research analyst, IDC EMEA.
Please Note: Extended description available upon request.
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