Market Insights Technology Data Center Network Infrastructure

Service Provider Network Infrastructure - Asia

Asia

Revenue in the Service Provider Network Infrastructure market is projected to reach €68.88bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 6.10%, resulting in a market volume of €92.62bn by 2029.
The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach €32.79 in 2024.
In global comparison, most revenue will be generated in China (€42,070m in 2024).

Key regions: United Kingdom, Japan, India, United States, Germany

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Service Provider Network Infrastructure Market in Asia is experiencing mild growth, driven by factors such as increasing demand for digital services, growing awareness of health, and the convenience of online services.

Customer preferences: The growing popularity of cloud-based services and virtualization technologies has led to an increasing demand for scalable and flexible network infrastructure solutions in the Service Provider Network Infrastructure Market of the Data Center Market. This trend is driven by a shift towards digital transformation and the need for faster and more efficient connectivity. Additionally, the rise of 5G technology is expected to further drive the adoption of advanced network infrastructure solutions in the region.

Trends in the market: In Asia, the Service Provider Network Infrastructure Market of the Network Infrastructure Market within the Data Center Market is experiencing a surge in demand for cloud-based services, with more companies adopting cloud computing to optimize their operations and reduce costs. Additionally, there is a growing trend of implementing software-defined networking (SDN) and network function virtualization (NFV) technologies to improve network agility and scalability. These trends are expected to continue in the coming years, presenting significant opportunities for industry players. However, there may also be challenges in terms of data security and network management that need to be addressed.

Local special circumstances: In China, the Service Provider Network Infrastructure Market is experiencing rapid growth due to the country's large population and strong demand for internet services. Additionally, government policies promoting the development of 5G networks have further boosted the market. In Japan, the market is driven by the country's advanced technology and high demand for cloud services. The strict regulations on data privacy and security have also influenced market dynamics, leading to the adoption of advanced network infrastructure solutions.

Underlying macroeconomic factors: The growth of the Service Provider Network Infrastructure Market within the Data Center Market is heavily influenced by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with strong government support and significant investment in digital infrastructure are experiencing faster market growth compared to regions with limited government support and inadequate infrastructure. Additionally, the increasing adoption of cloud computing and the rise in data volume are driving the demand for network infrastructure solutions to support the growing digital economy in Asia.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.