Enterprise Network Equipment Market Forecasts to 2032 – Global Analysis By Equipment Type (Ethernet Switches, Enterprise Routers, Wireless LAN (WLAN) Equipment, Network Security Equipment, WAN Optimization & SD-WAN, and Other Equipment Types), Infrastruct
Description
According to Stratistics MRC, the Global Enterprise Network Equipment Market is accounted for $67.49 billion in 2025 and is expected to reach $110.16 billion by 2032 growing at a CAGR of 7.2% during the forecast period. Enterprise Network Equipment encompasses the hardware solutions organizations deploy to build, control, and protect their communication networks. It includes switches, routers, servers, firewalls, and wireless access points that facilitate smooth connectivity and secure data exchange. By supporting collaboration, protecting confidential data, and ensuring reliable communication, such equipment plays a crucial role in sustaining operational efficiency and enabling enterprises to manage digital resources effectively across internal and external networks.
According to the Consumer Technology Association, worldwide spending on smart city developments is anticipated to reach USD 34.35 billion by 2020.
Market Dynamics:
Driver:
Digital transformation and increased data traffic
As organizations embrace cloud computing, AI, and IoT, the demand for high-speed, low-latency network infrastructure has intensified. Enterprises are decentralizing workloads to edge environments, requiring robust connectivity and seamless data flow across distributed systems. Technologies such as SD-WAN, 400G Ethernet, and intent-based networking are becoming central to modern enterprise architectures. Additionally, real-time analytics and automation are driving the need for scalable, intelligent network solutions. This transformation is reshaping enterprise IT strategies, making network equipment a foundational pillar of digital resilience and agility.
Restraint:
Complex integration and management
Organizations must navigate compatibility issues between legacy systems and next-gen technologies like SDN and NFV. The need for multi-site orchestration, regulatory compliance, and cybersecurity adds layers of operational difficulty. High deployment costs and long implementation cycles further deter mid-sized firms from adopting advanced network solutions. Emerging trends such as hybrid cloud and multi-vendor environments require specialized expertise and continuous oversight. These factors often lead to delayed rollouts and fragmented infrastructure, limiting the pace of innovation and scalability.
Opportunity:
Increasing demand from specific verticals
Vertical-specific demand is creating new growth avenues for enterprise network equipment providers. Sectors such as healthcare, manufacturing, and financial services are investing heavily in secure, high-performance networks to support mission-critical applications. Technologies like AI-driven traffic management, edge computing, and 5G integration are gaining traction in these domains. Managed services and cloud-based orchestration are helping verticals overcome resource constraints and accelerate deployment. Key developments include smart hospital networks, automated factory floors, and real-time financial data exchange platforms.
Threat:
Intense competition and price pressure
The enterprise network equipment space is facing mounting competition and pricing pressures, especially among hardware vendors and service providers. Market saturation and commoditization of core components like switches and routers are eroding margins. Vendors are racing to differentiate through software capabilities, AI-enhanced features, and integrated security. However, rapid technological evolution and customer demand for cost-effective solutions are compressing product lifecycles. Emerging players and cloud-native alternatives are disrupting traditional business models. This competitive intensity is forcing incumbents to innovate faster while maintaining profitability and customer loyalty.
Covid-19 Impact
The COVID-19 crisis fundamentally altered how enterprises approached networking, prompting a swift shift toward cloud-based infrastructure and remote workforce enablement. Demand for resilient, scalable, and secure connectivity surged as businesses adapted to distributed operations. Technologies such as SD-WAN, cloud-managed switches, and virtual firewalls became essential for continuity. However, supply chain disruptions and budget constraints temporarily slowed infrastructure upgrades. Enterprises responded by reassessing network architectures and investing in long-term digital strategies. The pandemic ultimately reinforced the strategic importance of agile, future-proof network equipment across sectors.
The ethernet switches segment is expected to be the largest during the forecast period
The ethernet switches segment is expected to account for the largest market share during the forecast period, driven by the need for scalable, high-speed connectivity across data centers, campuses, and branch offices. Advancements in 400G/800G switching, AI-based traffic optimization and energy-efficient designs are reshaping switch capabilities. Integration with SDN and support for virtualization are enhancing flexibility and performance. Key developments include modular switch platforms, open networking standards, and cloud-native management interfaces. These innovations are positioning Ethernet switches as the backbone of modern enterprise networks.
The healthcare segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the healthcare segment is predicted to witness the highest growth rate. Rising demand for telemedicine, digital diagnostics, and connected medical devices is driving investment in secure, high-bandwidth infrastructure. Technologies such as edge computing, AI-powered monitoring, and private 5G networks are transforming hospital IT environments. Healthcare providers are prioritizing compliance, uptime, and data privacy, prompting upgrades to network resilience and segmentation. Key developments include smart hospital deployments, real-time patient data exchange, and cloud-based health record systems. These trends are fueling robust growth and innovation in healthcare networking.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share due to the region’s rapid digitalization, hyperscaler expansion, and cloud adoption. Technologies such as 400G Ethernet, SDN, and AI-based orchestration are being deployed across major markets like China, India, and Singapore. Key developments include submarine cable expansions, green data center initiatives, and government-backed digital infrastructure programs. Enterprises in the region are investing in edge-core integration and hybrid cloud connectivity to support diverse workloads.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to the region’s strong hyperscaler presence, multi-cloud adoption, and emphasis on low-latency data exchange. Technologies such as 800G optics, intent-based networking, and AIOps are enabling agile, secure infrastructure. Key trends include edge-core convergence, AI-driven workload distribution, and programmable network fabrics. Developments like hyperscaler-led submarine cable projects and tiered automation services are reinforcing regional leadership. Enterprises are prioritizing compliance, disaster recovery, and performance optimization, driving sustained investment in next-gen network equipment.
Key players in the market
Some of the key players profiled in the Enterprise Network Equipment Market include Cisco Systems, F5 Networks, Hewlett Packard Enterprise (HPE), Check Point Software Technologies, Huawei Technologies, Ubiquiti Inc., Juniper Networks, Nokia, Arista Networks, Palo Alto Networks, Dell Technologies, NetScout Systems, Extreme Networks, VMware, and Fortinet.
Key Developments:
In July 2025, HPE announced the successful completion of its previously announced acquisition of Juniper Networks, Inc., a leader in AI-native networks. The combination positions HPE to capture the growing AI and hybrid cloud market opportunity by creating an industry-leading cloud-native and AI-driven IT portfolio, including a full, modern networking stack.
In June 2025, Cisco and Monumental Sports & Entertainment (MSE) unveiled a transformative new partnership between the two companies, through which Cisco’s best-in-class technology solutions will help to create a uniquely connected, next-generation experience for fans at MSE’s new arena in downtown Washington, D.C. The multi-year collaboration will be across the entire Monumental enterprise, including the NBA’s Washington Wizards, NHL’s Washington Capitals, WNBA’s Washington Mystics, Capital One Arena, and Monumental Sports Network (MNMT).
Equipment Types Covered:
• Ethernet Switches
• Enterprise Routers
• Wireless LAN (WLAN) Equipment
• Network Security Equipment
• WAN Optimization & SD-WAN
• Other Equipment Types
Infrastructure Types Covered:
• In-house Deployment
• Managed Services
Enterprise Sizes Covered:
• Small Enterprises
• Medium-sized Enterprises
• Large Enterprises
End Users Covered:
• IT & Telecom
• BFSI
• Healthcare
• Manufacturing
• Education
• Government & Defense
• Retail & E-commerce
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
According to the Consumer Technology Association, worldwide spending on smart city developments is anticipated to reach USD 34.35 billion by 2020.
Market Dynamics:
Driver:
Digital transformation and increased data traffic
As organizations embrace cloud computing, AI, and IoT, the demand for high-speed, low-latency network infrastructure has intensified. Enterprises are decentralizing workloads to edge environments, requiring robust connectivity and seamless data flow across distributed systems. Technologies such as SD-WAN, 400G Ethernet, and intent-based networking are becoming central to modern enterprise architectures. Additionally, real-time analytics and automation are driving the need for scalable, intelligent network solutions. This transformation is reshaping enterprise IT strategies, making network equipment a foundational pillar of digital resilience and agility.
Restraint:
Complex integration and management
Organizations must navigate compatibility issues between legacy systems and next-gen technologies like SDN and NFV. The need for multi-site orchestration, regulatory compliance, and cybersecurity adds layers of operational difficulty. High deployment costs and long implementation cycles further deter mid-sized firms from adopting advanced network solutions. Emerging trends such as hybrid cloud and multi-vendor environments require specialized expertise and continuous oversight. These factors often lead to delayed rollouts and fragmented infrastructure, limiting the pace of innovation and scalability.
Opportunity:
Increasing demand from specific verticals
Vertical-specific demand is creating new growth avenues for enterprise network equipment providers. Sectors such as healthcare, manufacturing, and financial services are investing heavily in secure, high-performance networks to support mission-critical applications. Technologies like AI-driven traffic management, edge computing, and 5G integration are gaining traction in these domains. Managed services and cloud-based orchestration are helping verticals overcome resource constraints and accelerate deployment. Key developments include smart hospital networks, automated factory floors, and real-time financial data exchange platforms.
Threat:
Intense competition and price pressure
The enterprise network equipment space is facing mounting competition and pricing pressures, especially among hardware vendors and service providers. Market saturation and commoditization of core components like switches and routers are eroding margins. Vendors are racing to differentiate through software capabilities, AI-enhanced features, and integrated security. However, rapid technological evolution and customer demand for cost-effective solutions are compressing product lifecycles. Emerging players and cloud-native alternatives are disrupting traditional business models. This competitive intensity is forcing incumbents to innovate faster while maintaining profitability and customer loyalty.
Covid-19 Impact
The COVID-19 crisis fundamentally altered how enterprises approached networking, prompting a swift shift toward cloud-based infrastructure and remote workforce enablement. Demand for resilient, scalable, and secure connectivity surged as businesses adapted to distributed operations. Technologies such as SD-WAN, cloud-managed switches, and virtual firewalls became essential for continuity. However, supply chain disruptions and budget constraints temporarily slowed infrastructure upgrades. Enterprises responded by reassessing network architectures and investing in long-term digital strategies. The pandemic ultimately reinforced the strategic importance of agile, future-proof network equipment across sectors.
The ethernet switches segment is expected to be the largest during the forecast period
The ethernet switches segment is expected to account for the largest market share during the forecast period, driven by the need for scalable, high-speed connectivity across data centers, campuses, and branch offices. Advancements in 400G/800G switching, AI-based traffic optimization and energy-efficient designs are reshaping switch capabilities. Integration with SDN and support for virtualization are enhancing flexibility and performance. Key developments include modular switch platforms, open networking standards, and cloud-native management interfaces. These innovations are positioning Ethernet switches as the backbone of modern enterprise networks.
The healthcare segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the healthcare segment is predicted to witness the highest growth rate. Rising demand for telemedicine, digital diagnostics, and connected medical devices is driving investment in secure, high-bandwidth infrastructure. Technologies such as edge computing, AI-powered monitoring, and private 5G networks are transforming hospital IT environments. Healthcare providers are prioritizing compliance, uptime, and data privacy, prompting upgrades to network resilience and segmentation. Key developments include smart hospital deployments, real-time patient data exchange, and cloud-based health record systems. These trends are fueling robust growth and innovation in healthcare networking.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share due to the region’s rapid digitalization, hyperscaler expansion, and cloud adoption. Technologies such as 400G Ethernet, SDN, and AI-based orchestration are being deployed across major markets like China, India, and Singapore. Key developments include submarine cable expansions, green data center initiatives, and government-backed digital infrastructure programs. Enterprises in the region are investing in edge-core integration and hybrid cloud connectivity to support diverse workloads.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to the region’s strong hyperscaler presence, multi-cloud adoption, and emphasis on low-latency data exchange. Technologies such as 800G optics, intent-based networking, and AIOps are enabling agile, secure infrastructure. Key trends include edge-core convergence, AI-driven workload distribution, and programmable network fabrics. Developments like hyperscaler-led submarine cable projects and tiered automation services are reinforcing regional leadership. Enterprises are prioritizing compliance, disaster recovery, and performance optimization, driving sustained investment in next-gen network equipment.
Key players in the market
Some of the key players profiled in the Enterprise Network Equipment Market include Cisco Systems, F5 Networks, Hewlett Packard Enterprise (HPE), Check Point Software Technologies, Huawei Technologies, Ubiquiti Inc., Juniper Networks, Nokia, Arista Networks, Palo Alto Networks, Dell Technologies, NetScout Systems, Extreme Networks, VMware, and Fortinet.
Key Developments:
In July 2025, HPE announced the successful completion of its previously announced acquisition of Juniper Networks, Inc., a leader in AI-native networks. The combination positions HPE to capture the growing AI and hybrid cloud market opportunity by creating an industry-leading cloud-native and AI-driven IT portfolio, including a full, modern networking stack.
In June 2025, Cisco and Monumental Sports & Entertainment (MSE) unveiled a transformative new partnership between the two companies, through which Cisco’s best-in-class technology solutions will help to create a uniquely connected, next-generation experience for fans at MSE’s new arena in downtown Washington, D.C. The multi-year collaboration will be across the entire Monumental enterprise, including the NBA’s Washington Wizards, NHL’s Washington Capitals, WNBA’s Washington Mystics, Capital One Arena, and Monumental Sports Network (MNMT).
Equipment Types Covered:
• Ethernet Switches
• Enterprise Routers
• Wireless LAN (WLAN) Equipment
• Network Security Equipment
• WAN Optimization & SD-WAN
• Other Equipment Types
Infrastructure Types Covered:
• In-house Deployment
• Managed Services
Enterprise Sizes Covered:
• Small Enterprises
• Medium-sized Enterprises
• Large Enterprises
End Users Covered:
• IT & Telecom
• BFSI
• Healthcare
• Manufacturing
• Education
• Government & Defense
• Retail & E-commerce
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Table of Contents
200 Pages
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 End User Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Enterprise Network Equipment Market, By Equipment Type
- 5.1 Introduction
- 5.2 Ethernet Switches
- 5.2.1 Managed Switches
- 5.2.2 Unmanaged Switches
- 5.3 Enterprise Routers
- 5.3.1 Core Routers
- 5.3.2 Edge Routers
- 5.4 Wireless LAN (WLAN) Equipment
- 5.4.1 Access Points
- 5.4.2 Controllers
- 5.5 Network Security Equipment
- 5.5.1 Firewalls
- 5.5.2 VPN Gateways
- 5.5.3 Intrusion Detection & Prevention Systems (IDPS)
- 5.6 WAN Optimization & SD-WAN
- 5.6.1 Hardware Appliances
- 5.6.2 Virtual Appliances
- 5.7 Other Equipment Types
- 6 Global Enterprise Network Equipment Market, By Infrastructure Type
- 6.1 Introduction
- 6.2 In-house Deployment
- 6.3 Managed Services
- 7 Global Enterprise Network Equipment Market, By Enterprise Size
- 7.1 Introduction
- 7.2 Small Enterprises
- 7.3 Medium-sized Enterprises
- 7.4 Large Enterprises
- 8 Global Enterprise Network Equipment Market, By End User
- 8.1 Introduction
- 8.2 IT & Telecom
- 8.3 BFSI
- 8.4 Healthcare
- 8.5 Manufacturing
- 8.6 Education
- 8.7 Government & Defense
- 8.8 Retail & E-commerce
- 8.9 Other End Users
- 9 Global Enterprise Network Equipment Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
- 10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
- 11 Company Profiling
- 11.1 Cisco Systems
- 11.2 F5 Networks
- 11.3 Hewlett Packard Enterprise (HPE)
- 11.4 Check Point Software Technologies
- 11.5 Huawei Technologies
- 11.6 Ubiquiti Inc.
- 11.7 Juniper Networks
- 11.8 Nokia
- 11.9 Arista Networks
- 11.10 Palo Alto Networks
- 11.11 Dell Technologies
- 11.12 NetScout Systems
- 11.13 Extreme Networks
- 11.14 VMware
- 11.15 Fortinet
- List of Tables
- Table 1 Global Enterprise Network Equipment Market Outlook, By Region (2024-2032) ($MN)
- Table 2 Global Enterprise Network Equipment Market Outlook, By Equipment Type (2024-2032) ($MN)
- Table 3 Global Enterprise Network Equipment Market Outlook, By Ethernet Switches (2024-2032) ($MN)
- Table 4 Global Enterprise Network Equipment Market Outlook, By Managed Switches (2024-2032) ($MN)
- Table 5 Global Enterprise Network Equipment Market Outlook, By Unmanaged Switches (2024-2032) ($MN)
- Table 6 Global Enterprise Network Equipment Market Outlook, By Enterprise Routers (2024-2032) ($MN)
- Table 7 Global Enterprise Network Equipment Market Outlook, By Core Routers (2024-2032) ($MN)
- Table 8 Global Enterprise Network Equipment Market Outlook, By Edge Routers (2024-2032) ($MN)
- Table 9 Global Enterprise Network Equipment Market Outlook, By Wireless LAN (WLAN) Equipment (2024-2032) ($MN)
- Table 10 Global Enterprise Network Equipment Market Outlook, By Access Points (2024-2032) ($MN)
- Table 11 Global Enterprise Network Equipment Market Outlook, By Controllers (2024-2032) ($MN)
- Table 12 Global Enterprise Network Equipment Market Outlook, By Network Security Equipment (2024-2032) ($MN)
- Table 13 Global Enterprise Network Equipment Market Outlook, By Firewalls (2024-2032) ($MN)
- Table 14 Global Enterprise Network Equipment Market Outlook, By VPN Gateways (2024-2032) ($MN)
- Table 15 Global Enterprise Network Equipment Market Outlook, By Intrusion Detection & Prevention Systems (IDPS) (2024-2032) ($MN)
- Table 16 Global Enterprise Network Equipment Market Outlook, By WAN Optimization & SD-WAN (2024-2032) ($MN)
- Table 17 Global Enterprise Network Equipment Market Outlook, By Hardware Appliances (2024-2032) ($MN)
- Table 18 Global Enterprise Network Equipment Market Outlook, By Virtual Appliances (2024-2032) ($MN)
- Table 19 Global Enterprise Network Equipment Market Outlook, By Other Equipment Types (2024-2032) ($MN)
- Table 20 Global Enterprise Network Equipment Market Outlook, By Infrastructure Type (2024-2032) ($MN)
- Table 21 Global Enterprise Network Equipment Market Outlook, By In-house Deployment (2024-2032) ($MN)
- Table 22 Global Enterprise Network Equipment Market Outlook, By Managed Services (2024-2032) ($MN)
- Table 23 Global Enterprise Network Equipment Market Outlook, By Enterprise Size (2024-2032) ($MN)
- Table 24 Global Enterprise Network Equipment Market Outlook, By Small Enterprises (2024-2032) ($MN)
- Table 25 Global Enterprise Network Equipment Market Outlook, By Medium-sized Enterprises (2024-2032) ($MN)
- Table 26 Global Enterprise Network Equipment Market Outlook, By Large Enterprises (2024-2032) ($MN)
- Table 27 Global Enterprise Network Equipment Market Outlook, By End User (2024-2032) ($MN)
- Table 28 Global Enterprise Network Equipment Market Outlook, By IT & Telecom (2024-2032) ($MN)
- Table 29 Global Enterprise Network Equipment Market Outlook, By BFSI (2024-2032) ($MN)
- Table 30 Global Enterprise Network Equipment Market Outlook, By Healthcare (2024-2032) ($MN)
- Table 31 Global Enterprise Network Equipment Market Outlook, By Manufacturing (2024-2032) ($MN)
- Table 32 Global Enterprise Network Equipment Market Outlook, By Education (2024-2032) ($MN)
- Table 33 Global Enterprise Network Equipment Market Outlook, By Government & Defense (2024-2032) ($MN)
- Table 34 Global Enterprise Network Equipment Market Outlook, By Retail & E-commerce (2024-2032) ($MN)
- Table 35 Global Enterprise Network Equipment Market Outlook, By Other End Users (2024-2032) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.