Market Insights Technology Data Center Network Infrastructure

Enterprise Network Infrastructure - Europe

Europe

Revenue in the Enterprise Network Infrastructure market is projected to reach €17.25bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.49%, resulting in a market volume of €20.48bn by 2029.
The average Spend per Employee in the Enterprise Network Infrastructure market is projected to reach €41.29 in 2024.
In global comparison, most revenue will be generated in China (€16,700m in 2024).

Key regions: China, Indonesia, United Kingdom, United States, India

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Analyst Opinion

The Enterprise Network Infrastructure Market in Europe is experiencing subdued growth due to factors such as a slow adoption of digital technologies, limited health awareness among consumers, and the complexity of online health services within the Data Center Market. This has resulted in a slower growth rate compared to other regions.

Customer preferences: As enterprises continue to embrace digital transformation, there is a growing demand for network infrastructure solutions that can support the increasing data and connectivity needs. This trend is driven by the rise of cloud computing, big data analytics, and the Internet of Things (IoT). Additionally, there is a growing preference for software-defined networking (SDN) and network function virtualization (NFV) to improve network agility and reduce costs. These factors are expected to drive the growth of the Enterprise Network Infrastructure Market within the Data Center Market in Europe.

Trends in the market: In Europe, the Enterprise Network Infrastructure Market of the Network Infrastructure Market within the Data Center Market is experiencing a shift towards software-defined networking (SDN) and network function virtualization (NFV) solutions. This trend is driven by the need for greater agility, scalability, and cost efficiency in data center operations. As a result, there is a growing demand for cloud-based networking solutions and managed services. This trend has significant implications for industry stakeholders, including increased competition and the need for specialized skills in implementing and managing these technologies. It also presents opportunities for new players to enter the market and for existing players to expand their offerings.

Local special circumstances: In Europe, the Enterprise Network Infrastructure Market is heavily influenced by the region's strict data protection regulations, such as the General Data Protection Regulation (GDPR). This has led to a greater demand for secure and compliant network infrastructure solutions. Additionally, cultural differences between countries in terms of technology adoption and workforce preferences also impact market dynamics. For example, Nordic countries have a strong focus on sustainability and energy efficiency, leading to a higher demand for green data centers and network infrastructure. These factors make Europe a unique market within the larger Network Infrastructure Market.

Underlying macroeconomic factors: The Enterprise Network Infrastructure Market within the Data Center Market is also affected by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with favorable regulatory environments and strong investment in digital technologies are experiencing higher market growth compared to regions with regulatory challenges and limited funding. Moreover, the increasing adoption of cloud computing and the growing demand for data storage and processing are driving the demand for robust network infrastructure solutions in the data center market.

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.