India Enterprise Network LAN Equipment Market to Cross $ 2.5 Billion by 2021
Strong
demand for internet-enabled devices, expansion of Cloud networking and
proliferation of Wi-Fi technology to drive India enterprise network LAN equipment
market through 2021
According to TechSci Research
report, “India Enterprise Network LAN Equipment
Market By Type, By End Use Competition Forecast and Opportunities, 2011 – 2021”, the India
enterprise network LAN equipment market is anticipated to cross $ 2.5 Billion by the end of 2021. Growing demand to improve the
overall efficiency and productivity in an organisation, Surging bandwidth
requirements, growing data security concerns and escalating adoption and
integration of LAN network equipment in large business setups and small and
medium enterprises (SMEs) are some of the major factors expected to aid the
growth of India enterprise network LAN equipment market during 2016-2021. Moreover, launch of 4G services and expansion
of Cloud networking are anticipated to further aid the enterprise network LAN
equipment market in the country over the span of next five years.
Browse 59
market data Tables and 69 Figures spread through 200 Pages and an
in-depth TOC on "India
Enterprise Network LAN Equipment Market"
https://www.techsciresearch.com/report/india-enterprise-network-lan-equipment-market-by-type-switches-routers-gateways-cables-ethernet-nic-adapters-hubs-others-by-end-use-it-telecom-bfsi-healthcare-etc-competition-forecast-and-opportunities/810.html
According to the Telecom Regulatory Authority of India
(TRAI), the number of broadband subscribers reached 136.53 million by the end
of 2015. As per the National Telecom Policy-2012 (NTP-2012), the Indian
government has decided on some targets pertaining to broadband subscriptions. Moreover,
as this policy, broadband subscribers base is expected to reach 175 million by
2017 and 600 million by 2020. Rise in the need for increased speed of data
transmission and broadband penetration is boosting the demand for the
deployment of different LAN equipment in a network enterprise.
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On the basis of type, India enterprise network LAN equipment market has
been segmented into switches, routers, gateways, cables & ethernet, NIC
Adapters, Hubs & Others. Among these categories, switches dominated the country’s enterprise network LAN equipment market during 2011
– 2015. In an enterprise, switches are used to communicate within the same
subnet as they facilitate information sharing and resource allocation, which,
in turn, increases the overall productivity of employees. IT & Telecom is
the largest consumer of enterprise network LAN equipment in India, and the same
trend is anticipated to continue over the next five years as well.
“Growing population and rise in the number of connected
devices is expected to add billions of heterogeneous devices on public and
private networks. LAN equipment such as cables & ethernet, routers,
switches, hubs, etc. allow different devices to be interconnected. This, in
turn, increases the degree of interoperability among devices, and allows
different verticals in an enterprise to access information. Consequently,
increasing usage of IoT products & services is expected to drive the
country’s enterprise network LAN equipment market over the next five years.”,
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“India Enterprise
Network LAN Equipment Market By Type, By End Use Competition Forecast and Opportunities, 2011 – 2021” has evaluated the future
growth potential of India
enterprise network LAN equipment market and provides statistics and information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment evaluation. Besides, the report also identifies and analyses the
emerging trends along with essential drivers, challenges and opportunities in India enterprise network LAN equipment market.
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