The North America Enterprise Network Infrastructure Market would witness market growth of 4.8% CAGR during the forecast period (2022-2028).
A typical user will use VPNs to gain access to several channels. To access Roku, for example, they set up a VPN list so that they can effortlessly connect discreetly and watch video streaming. Due to the pandemic, remote working has become the standard, and video streaming in the manner of video calls, live webinars, and video demos has increased. The Real-Time Messaging Protocol has traditionally been used to transport video feeds over the network quickly. Modern networks, on the other hand, necessitate protocols that offer low latency streaming. HLS with low latency, CMAF for DASH MPEG-DASH with low latency. VPNs are often used by businesses to access internal networks, and secure communication is needed. However, with the appropriate usage of technologies like SD-WAN, modern networks may get around VPNs. It's critical to ensure that such new technology can allow secure video streaming. This factor is expediting the growth of the enterprise network infrastructure market.
As the workplace settings have changed due to the advent of the COVID-19 pandemic, many firms throughout North America, have been focusing on recalibrating their cloud plans. Virtual collaboration, desktops, and mobility are all adopting the cloud deployment approach in this scenario to enable a secure as well as distributed workforce. Because it effectively provides network insights, the cloud model is increasingly being used not just as an application location but as a new enterprise management tool. It also offers rapid access to the most recent features. This shift to a cloud-based deployment approach is more likely to survive the post-pandemic condition.
Moreover, Canada is estimated to be one of the major regional markets for enterprise networking in North America. The regional market has witnessed a significant increase in the volume of cloud service usage by organizations. Private businesses are adopting advanced cloud strategies in response to the Canadian government's use of cloud technology to meet the increased demand for IT services.
The US market dominated the North America Enterprise Network Infrastructure Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $20,115.8 million by 2028. The Canada market is experiencing a CAGR of 7.1% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 6.2% during (2022 - 2028).
Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Industry, the market is segmented into BFSI, Government & Defense, Manufacturing, Telecom & IT, Retail & Ecommerce, Healthcare & Life Sciences, and Others. Based on Technology, the market is segmented into Routers & Switches, Enterprise Telephony, Wireless LAN, Storage Area Network, and Infrastructure Firewalls. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Enterprise Network Infrastructure Market is Estimated to reach $78.5 Billion by 2028, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Hewlett-Packard Enterprise Company, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Juniper Networks, Inc., Broadcom, Inc. (Brocade Communications Systems, Inc.), Alcatel-Lucent Enterprise (China Huaxin Post and Telecom Technologies Co., Limited), Nokia Corporation, Avaya, Inc. (Avaya Holdings Corp.), and ZTE Corporation.
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