Network Equipment Industry Research: Expected to Reach $9.89 Billion by 2022

Published Date: Wednesday,11 Jan,2023

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There are many types of network devices and they are increasing day by day. Whether it is a local area network, a metropolitan area network or a wide area network, it is usually physically composed of network connection devices and transmission media such as network cards, hubs, switches, routers, network cables, and RJ45 connectors. Network equipment includes repeaters, bridges, routers, network cards, firewalls, switches, etc.

As one of the indispensable core networking equipment, the growth momentum of the switch will also be consistent with that of the data center industry. my country's catching-up effect in the field of cloud computing will accelerate the development of large-scale data center construction and drive the rapid growth of the data center switch market. It is estimated that the switch market in my country's network equipment industry will reach US$4.55 billion in 2022. The scale reached 4.24 billion US dollars.

The application of the network equipment industry has brought differentiated market segments to network equipment brands and manufacturers. Different brands and manufacturers focus on targeting customer groups in the market segments in the process of product design and R&D for different application fields. R & D design, there are professional differences in technical indicators, software applications, product appearance, etc.

With the continuous growth of data traffic, especially the surge in traffic after the advent of the 5G era, data centers are facing greater network pressure from applications and data. Data centers urgently need to solve the problem of high-speed migration of massive data between data centers, eliminate bandwidth bottlenecks between data centers, and greatly improve bandwidth utilization between data centers.

In the network equipment industry market, campus switches contributed about 30% of the spending growth in the first half of the year, followed by network security and WLAN, each accounting for about 25%. Even the physical equipment segment of the cybersecurity market, the network equipment manufacturing market, is returning to growth in the first half of 2021.

With the increasing concentration of the network equipment industry, the global market structure presents a situation in which monopoly and competition reinforce each other, presenting a highly competitive oligopoly market structure.

Among them, in the field of switches, leading companies in the global switch market include Cisco, Huawei, Arista, HPE, and H3C; in the field of routers, two giants, Cisco and Huawei, are advancing side by side; in the wireless equipment market, Cisco is the only one.

Network equipment industry supplier landscape in the first half of 2021 The analysis contained in these reports shows that the ranking and share of the Top 10 suppliers remained relatively stable, with the top two suppliers Cisco and Huawei accounting for the overall network equipment manufacturing enterprise network in the first half of 2021.

Nearly 50% of the equipment market. However, Dell'Oro Group pointed out that Cisco lost some market share during the first half of 2020 and the first half of 2021, while Palo Alto Networks, H3C and Arista each increased their revenue share by 1%.
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