Enterprise Communication Infrastructure Market Share

North American Market Forecast

The North American enterprise communication infrastructure market, amongst the market in all the other regions, is projected to hold the largest market share of about 42% by the end of 2037. The growth of the market can be attributed majorly to the early adoption of technologies in the United States, the high implementation of the cloud, and rising investments in innovating and adding additional services to the offerings by IT companies in the region. For instance, as of now, more than 50% of government organizations in the United States are using the cloud. The public spending on cloud in the country was also evaluated to rise by more than 17% by the end of 2021. In addition to this, the strong presence of major market players, coupled with the expanding deployment of 5G technology is also estimated to propel the market growth further in the region during the forecast period.

APAC Market Statistics

The Asia Pacific enterprise communication infrastructure market, amongst the market in all the other regions, is projected to hold the second largest share of about 21% during the forecast period. The growth of the market can be attributed majorly to the rapid technological advancements in the IT sector, and the rising adoption of 5G in numerous nations of the region. For instance, South Korea gained the greatest 5G accessibility in the Asia Pacific region in 2022, with users connected to 5G grossing nearly 31.8% of the time. Moreover, the growing establishment of technological startups and robust rate of industrialization in the region are also estimated to fuel the market growth in the region in the coming years. In addition to this, the surging ratio of cloud computing, and the growing trend of BYOD in organizations are also estimated to skyrocket the growth of the enterprise communication infrastructure market in the APAC region during the projected time frame.

Europe Market Forecast

Further, the market in the European region, amongst the market in all the other regions, is projected to hold a considerable share of about 16% by the end of 2037. The growth of the market can be attributed majorly to the increasing penetration of the internet, coupled with the surging deployment of advanced networking solutions by enterprises are also estimated to spur the market growth. Moreover, numerous organizations have been using managed IT solutions in the European region and this ratio is estimated to rise more in the upcoming years. This as a factor, is also estimated to add more growth opportunities to the enterprise communication infrastructure market in the region over the forecast period.