Network Infrastructure - Sweden

Sweden

Revenue in the Network Infrastructure market is projected to reach US$1.68bn in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$1.15bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.13%, resulting in a market volume of US$1.96bn by 2029.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$293.20 in 2024.
In global comparison, most revenue will be generated in China (US$63,560m in 2024).

Key regions: India, China, Brazil, Indonesia, Japan

Definition:

The Network Infrastructure market focuses on hardware resources essential for service provider and enterprise networks. This market specifically focuses on solutions designed for the complex networking requirements of businesses and organizations, setting aside options like consumer-grade networking hardware products such as basic WIFI routers and network switches. These network infrastructure components are crucial in environments where reliable and secure connectivity, as well as efficient network operations, are paramount, establishing them as a fundamental part of the IT infrastructure in various industries.

Structure:

The Network Infrastructure market is structured in two markets based on the services model provided by the companies.

Service Provider Network Infrastructure covers the hardware resources of telecommunication service companies that enable wired and wireless network connectivity and communication to transfer voice and data.
Enterprise Network Infrastructure covers the hardware resources that enable wired and wireless network connectivity, communication, operations, and management of enterprises.

Additional Information:

The Network Infrastructure market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Network Infrastructure market include companies such as Huawei, HPE, Cisco, and Ericsson.

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Analyst Opinion

The Network Infrastructure market in Sweden is experiencing rapid growth due to increasing demand for digital technologies, growing awareness of the importance of reliable networks, and the convenience of online services. The market's elevated growth rate can be attributed to factors such as the expansion of Service Provider and Enterprise Network Infrastructure markets.

Customer preferences: As the demand for faster and more reliable internet connectivity continues to grow, there has been a notable increase in the adoption of fiber optic networks in Sweden's data center market. This is driven by the country's tech-savvy population and its strong focus on sustainability. Additionally, there is a growing demand for edge computing solutions, as companies look to reduce latency and improve the user experience for their customers. This trend is expected to continue as the data center market in Sweden expands to meet the increasing demand for digital services.

Trends in the market: In Sweden, the Network Infrastructure market within the Data Center Market is seeing a surge in demand for edge computing solutions, driven by the increasing adoption of IoT and cloud technologies. This trend is expected to continue as more businesses look to improve their network performance and decrease latency. Additionally, there is a growing focus on sustainability, with data centers implementing green initiatives and utilizing renewable energy sources. This shift towards sustainable practices is not only beneficial for the environment, but also presents business opportunities for industry stakeholders to differentiate themselves in the market. Furthermore, there is a rise in the adoption of software-defined networking (SDN) and network function virtualization (NFV) technologies, allowing for more efficient and flexible network management. This trend is likely to continue as businesses strive for greater network agility and cost savings.

Local special circumstances: In Sweden, the Network Infrastructure Market within the Data Center Market is heavily influenced by the country's commitment to sustainability and renewable energy. The government has implemented strict regulations to promote energy efficiency and reduce carbon emissions, which has led to the adoption of innovative technologies such as liquid cooling and renewable energy sources in data centers. Additionally, Sweden's stable political and economic climate, along with its highly skilled workforce, makes it an attractive location for data center investments.

Underlying macroeconomic factors: The Network Infrastructure Market within the Data Center Market in Sweden is strongly influenced by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Sweden's strong economy, favorable regulatory environment, and significant investments in digital infrastructure have contributed to the rapid growth of the market. Additionally, the increasing adoption of cloud computing and the growing demand for data storage and processing capabilities are driving the demand for network infrastructure in Sweden's 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.