CTO Jon Cartu Reports - Asia Pacific Enterprise Networking Market Forecast... - Jonathan Cartu Computer Repair Consultant Services
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CTO Jon Cartu Reports – Asia Pacific Enterprise Networking Market Forecast…

Asia Pacific Enterprise Networking Market Forecast 2020-2024, Latest Trends and Opportunities

CTO Jon Cartu Reports – Asia Pacific Enterprise Networking Market Forecast…


Asia Pacific Enterprise Networking Market Forecast 2020-2024, Latest Trends and Opportunities

A Research study on Asia Pacific Enterprise Networking Market analyzes and offers ideas of exhaustive research on ancient and recent Asia Pacific Enterprise Networking market size. Along with the estimated future possibilities of the market and emerging trends in the Asia Pacific Enterprise Networking market.

The increasing adoption of IoT devices due to the rising popularity of smart cities across the region is fueling market growth. The governments in developing countries including India and China are supporting the adoption of smart cities through investments. The rise in the number of smart and connected devices is enabling enterprises to deploy endpoint security solutions to secure their corporate network from cyberthreats. The growing virtualization of data centers is another factor contributing significantly to the market growth. Asia Pacific Enterprise Networking Market Value to mark valuation of USD 20 billion by 2024.

The companies operating in the Asia Pacific enterprise networking market are forming strategic partnerships to strengthen their cybersecurity portfolio. For instance, in January 2018, Trend Micro and VIVOTEK entered into a strategic partnership to offer cyber-defense solutions to users. This partnership enables users to enjoy higher levels of network security when deploying Vivotek’s network cameras and strengthen defenses in response to the emerging security challenges of the Internet of things (IoT).

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The network management segment is expected to grow at a CAGR of over 10% during the forecast period due to the increase in complexity in network and the demand for bandwidth-intensive applications. Changing business requirements are enabling enterprises to deploy network management solutions to simplify network monitoring and configuration management to support network uptime. Network management solutions aid in the optimization and automation of enterprises’ switching, routing, and security devices.

The cloud-based deployment model is expected to hold a CAGR over 13% during the forecast period due to the rise in the adoption of cloud services across enterprises. The improved storage and scalability of the cloud deployment model are enabling enterprises to adopt cloud-based network infrastructure. The cost-effectiveness of the cloud-based deployment model due to its €˜pay-as-you-use’ model is also fueling market growth.

Japan is expected to hold a market share of over 20% by 2024 due to the increase in the demand for protecting enterprise network from rising cyberattacks in the country. For instance, in 2017, according to the Japanese police, 6,027 cases were registered for spear-phishing e-mail attacks in the country. Government authorities are investing in the protection of the infrastructure and installing new firewall appliances as 2020 Summer Olympics will hold opportunities for new technologies, driving economic growth.

Major players operating in the market are Cisco, F5 Networks, Broadcom, FireEye, Dell Technologies, Checkpoint, HPE, Juniper, Arista, Extreme Networks, McAfee, Palo Alto, Symantec, Riverbed, Huawei, Trend Micro, Netscout, Fortinet, and VMWare.

The IT & telecom segment held the market share of over 30% in 2017 due to the rise in the demand for protecting the complex network infrastructure. The increase in high bandwidth applications is enabling enterprises to deploy advanced enterprise networking solutions to resolve bandwidth shortage issues. The rise in smartphone penetration is enabling telecom companies to deploy cloud-enabled network virtualization solutions.

Some of the Highlights about Table of Content of Asia Pacific Enterprise Networking Market

1 Asia Pacific Enterprise Networking Market overview

  • Market Introduction
  • Research Objectives
  • Years Considered
  • Asia Pacific Enterprise Networking Market Research Methodology
  • Economic Indicators
  • Currency Considered

2 Executive Summary

  • World Market Overview
  • Global Asia Pacific Enterprise Networking Consumption analysis and forecast
  • Asia Pacific Enterprise Networking Consumption CAGR by Region

3 Market Drivers, Challenges and Trends

  • Asia Pacific Enterprise Networking Market Drivers and Impact
  • Growing Demand from Key Regions
  • Growing Demand from Key Applications and Potential Industries
  • Market Challenges and Impact
  • Asia Pacific Enterprise Networking Market Trends

4 Marketing, Distributors and Customer

  • Sales Channel
  • Direct Channels
  • Indirect Channels

5 Key Players Analysis

  • Company Details
  • Main Business Overview
  • Product Benchmarking
  • Recent Developments and Technological Advancement in Asia Pacific Enterprise Networking Market

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Jonathan Cartu

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