Powering the Future of Business: The Growth of Enterprise Network Infrastructure
The global enterprise network Infrastructure market size is anticipated to reach USD 86.02 billion by 2030, registering a CAGR of 4.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is expected to grow due to the increasing need for bandwidth, technology shifts to wireless, and the rising adoption of smart devices. Enterprises are adopting digital technology to improve business operations. With increasing digitalization, the importance of network infrastructure is increasing, and thus the demand for network infrastructure is also growing. Moreover, the increasing virtualization of servers, hybrid cloud technologies, personal cloud, and growing demand for enterprise mobility are expected to favorably impact the market over the forecast period. The rollout of 5G networks is expected to create opportunities for enterprise network infrastructure providers. The technology enables faster speeds and lower latency, enabling organizations ...