Computer Networking Equipment Manufacturing Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 12/9/2022
SIC Codes: 3661
NAICS Codes: 334210
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Computer Networking Equipment Manufacturing Industry Profile

Companies in this industry primarily manufacture equipment used to transmit data across communications networks. Major companies include Cisco Systems, Dell, Hewlett Packard Enterprise, and Juniper Networks (all based in the US), as well as Huawei (China) and Nokia (Finland).

The global enterprise network equipment market is valued at over $55 billion in 2022 and will exceed $70 billion in 2028, exhibiting a compound annual growth rate (CAGR) of 3.74% during the period, according to Market Reports. The demand is driven by the popularity of wireless equipment and strong demand for internet-enabled devices.

The US computer networking equipment manufacturing industry includes more than 200 establishments with combined annual revenue of about $5 billion.

COMPETITIVE LANDSCAPE

Demand is driven by economic growth as enterprises and service providers expand networks to meet increasing user needs, and by the superior performance of new equipment, which encourages replacement of existing equipment. Profitability of individual companies depends on timely development and delivery of products in high volumes for large customers. Large companies have advantages in economies of scale in broad product offerings and services. Small companies can successfully compete by designing and developing products that meet highly specialized needs. The industry is highly concentrated: the 50 largest firms account for about 95% of revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products of networking equipment manufacturers include switches, routers, and network control equipment. Major services of equipment suppliers include system and network design, software development, ...

 
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