NETWORKS – Rising requirements for existing network enhancements and increasing security needs drive growth
Network infrastructure and equipment market will expand for USD +6.6 bn in annual revenue by 2019. As number of connected devices is continuously increasing, amount of data being transferred through networks is surging. Increasing demand for connectivity is driving growth across all regions except Europe, where network spending remains flat. Demand for 4G/LTE is slowing down and has not yet been offset by fresh investment in 5G radio access equipment. Telecom providers prioritize the enhancement of current networks capacity, as majority of addressable 4G/LTE market has been reached already. Enterprise network security spending will increase in 2017, as enterprises are redesigning their security infrastructure in the face of a rapidly evolving threat landscape.