Enterprise Communication Infrastructure Market size was over USD 92.94 billion in 2024 and is projected to reach USD 552.75 billion by 2037, witnessing around 14.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of enterprise communication infrastructure is evaluated at USD 103.87 billion.
The growth of the market can be attributed to the worldwide increasing IT expenditure of companies. For instance, global IT expenditure is projected to hit approximately USD 4.9 trillion in 2023, a 5% from 2022. Besides this, the escalating ratio of data traffic is also anticipated to boost the growth of the global enterprise communication infrastructure market during the forecast period.
In addition to these, factors that are believed to fuel the market growth of enterprise communication infrastructure include the rise in the adoption of new technologies such as IoT, cloud reparation, and so on in enterprise communication. These emerging technologies are efficient in faster communication and network within the applications. For instance, around 15% of new enterprise IT infrastructure is estimated to deploy edge computing by the end of 2023. In addition to this, the dynamic surge in the adoption of edge computing is also estimated to propel market growth in the coming years.
Author Credits: Abhishek Verma
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