Enterprise Networking Market

Market Definition

The market encompasses technologies, products, and services that facilitate communication, data exchange, and resource sharing across an organization’s IT infrastructure. This includes routers, switches, wireless access points, network management tools, and security solutions that ensure reliable and secure connectivity among employees, devices, and data centers.

The report explores key drivers of market development, offering detailed regional analysis and a comprehensive overview of the competitive landscape shaping future opportunities.

Enterprise Networking Market Overview

The global enterprise networking market size was valued at USD 120.09 billion in 2024 and is projected to grow from USD 127.42 billion in 2025 to USD 204.85 billion by 2032, exhibiting a CAGR of 7.02% during the forecast period.

This growth is attributed to the rising demand for robust, secure, and high-speed networking solutions across the information technology, banking, healthcare, manufacturing, and retail sectors. Increasing reliance on cloud computing, data-driven operations, and remote work environments is accelerating the deployment of advanced networking infrastructure.

Major companies operating in the enterprise networking industry are Cisco Systems, Inc., Dell Inc., Arista Networks, Inc., Fortinet, Inc., Huawei Technologies Co., Ltd., Riverbed Technology, Check Point Software Technologies Ltd., Hewlett Packard Enterprise Development LP, Extreme Networks., Juniper Networks, Inc., F5, Inc., ALE International, NVIDIA Corporation, Cloudflare, Inc., and Broadcom.

The growing emphasis on cybersecurity, seamless connectivity, and scalable networks is fueling market expansion, particularly among digitally transforming enterprises.

Additionally, ongoing innovations in software-defined networking (SDN), network function virtualization (NFV), and 5G integration, along with the adoption of artificial intelligence and machine learning for network optimization, are bolstering market development.

• In May 2025, Hewlett Packard Enterprise (HPE) broadened its enterprise networking line-up with the launch of the HPE Aruba Networking CX 10040 distributed services switch, integrated with Advanced Micro Devices (AMD) Pensando data processing units (DPUs). The update also included new CX 6300M campus switches and Wi-Fi 7 (Wireless Fidelity 7) access points, aimed at meeting the increasing demands of AI and high-performance computing (HPC) by enhancing scalability, security, and network performance.

Key Highlights

1. The enterprise networking market size was valued at USD 120.09 billion in 2024.
2. The market is projected to grow at a CAGR of 7.02% from 2025 to 2032.
3. North America held a market share of 37.25% in 2024, with a valuation of USD 44.73 billion.
4. The hardware segment garnered USD 51.53 billion in revenue in 2024.
5. The on-premises segment is expected to reach USD 125.44 billion by 2032.
6. The large enterprises segment is anticipated to witness the fastest CAGR of 7.25% over the forecast period.
7. The BFSI segment garnered USD 30.02 billion in revenue in 2024.
8. Asia Pacific is anticipated to grow at a CAGR of 7.88% through the projection period.

Market Driver

Growth in Remote and Hybrid Work Models

The growth of the enterprise networking market is stimulated by the rising adoption of remote and hybrid work models. To ensure business continuity, employee productivity, and operational efficiency in decentralized work environments, organizations increasingly rely on secure, resilient, and high-performance networking solutions.

This has fueled the deployment of technologies such as virtual private networks (VPNs), cloud-based collaboration platforms, zero-trust security architectures, and secure access service edge (SASE) frameworks.

These solutions enable secure, location-independent access to corporate resources while supporting compliance with data privacy and security policies. This shift is further supported by advancements in software-defined networking (SDN), network automation, and AI-driven network management tools, which enhance visibility, control, and scalability for IT teams.

• In September 2024, Airtel Business and Cisco launched the Airtel Software-Defined (SD) Branch, a cloud-managed network solution powered by Cisco Meraki. It offers unified management of LAN, WAN, security, and connectivity across multiple branches, enhancing network control, application performance, and scalability for industries such as retail, education, banking, and healthcare.

Market Challenge

Increasing Cybersecurity Risks

The increasing cybersecurity risks present a significant challenge to the growth and stability of enterprise networks, particularly as organizations expand their digital footprints through cloud computing, remote work, and IoT integration.

The growing sophistication of cyber threats including ransomware, phishing, and zero-day attacks, demands constant vigilance and proactive defense measures to protect sensitive enterprise data and ensure uninterrupted operations.

Additionally, the expanding network perimeter and diverse endpoints create vulnerabilities that can be exploited by malicious actors, leading to potential data breaches, financial losses, and reputational damage. The complexity of managing security across distributed environments, coupled with the shortage of skilled cybersecurity professionals, further intensifies the challenge.

To address these challenges, enterprises are adopting zero-trust security models, secure access service edge (SASE) architectures, and AI-powered threat detection to monitor and mitigate risks in real time. Measures like network segmentation, multi-factor authentication, and continuous vulnerability assessments strengthen security and limit breach impact.

Additionally, organizations are enhancing resilience through cybersecurity training, incident response planning, partnerships with managed security service providers (MSSPs), and compliance with global data protection standards.

Market Trend

Advancement of Artificial Intelligence in Network Automation

Advancements in artificial intelligence are reshaping the market by enhancing network management efficiency, security, and scalability.

AI technologies such as machine learning, data analytics, and predictive algorithms enable enterprises to automate complex network operations, optimize traffic flow, and proactively identify potential vulnerabilities across diverse network environments.

These innovations support faster, more reliable, and secure connectivity, essential for cloud services, remote work, and Internet of Things (IoT) deployments. Enhanced AI-driven analytics and real-time monitoring contribute to improved network performance and reduced downtime, thereby lowering operational costs and enhancing user experience.

Furthermore, the integration of AI with software-defined networking and intent-based networking is facilitating the development of self-managing and adaptive networks, simplifying administration and improving agility.

As artificial intelligence continues to advance, it is accelerating the adoption of intelligent networking solutions, making enterprise networks more resilient, efficient, and better equipped to support digital transformation across industries.

• In February 2025, Juniper Networks and IBM expanded their partnership to simplify enterprise network operations by integrating Juniper’s Mist AI with IBM’s watsonx platform. The collaboration focuses on automating network support, improving user experience, and cutting costs through solutions such as IBM Guest Services and AskNetwork.

Enterprise Networking Market Report Snapshot

Segmentation	Details
By Equipment	Hardware, Software, and Services
By Deployment Type	On-Premises, and Cloud-Based
By Organization Size	Small & Medium Enterprises (SMEs), and Large Enterprises
By Industry Vertical	BFSI, IT & Telecom, Healthcare & Life Sciences, Manufacturing, Government, Retail & e-commerce, and Others
By Region	North America: U.S., Canada, Mexico
	Europe: France, UK, Spain, Germany, Italy, Russia, Rest of Europe
	Asia-Pacific: China, Japan, India, Australia, ASEAN, South Korea, Rest of Asia-Pacific
	Middle East & Africa: Turkey, U.A.E., Saudi Arabia, South Africa, Rest of Middle East & Africa
	South America: Brazil, Argentina, Rest of South America

Market Segmentation

• By Equipment (Hardware, Software, and Services): The hardware segment earned USD 51.53 billion in 2024, mainly due to increased demand for advanced routers, switches, and network security devices amid accelerating digital transformation efforts.
• By Deployment Type (On-Premises and Cloud-Based): The on-premises segment held a share of 62.88% in 2024, propelled by organizations’ preference for greater control, security, and infrastructure customization.
• By Organization Size (Small & Medium Enterprises (SMEs) and Large Enterprises): The small & medium enterprises (SMEs) segment is projected to reach USD 131.43 billion by 2032, owing to the increasing adoption of scalable, cost-effective networking solutions that support business growth and digital transformation initiatives.
• By Industry Vertical (BFSI, IT & Telecom, Healthcare & Life Sciences, Manufacturing, Government, Retail & e-commerce, and Others): The healthcare & life sciences segment is anticipated to grow at a CAGR of 8.14% through the projection period, fueled by increasing investments in digital health infrastructure, the adoption of telemedicine, and the need for secure, reliable network connectivity to support sensitive patient data and advanced medical technologies.

Enterprise Networking Market Regional Analysis

Based on region, the global market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The North America enterprise networking market share stood at around 37.25% in 2024, valued at USD 44.73 billion. This dominance is attributed to the presence of major technology companies, extensive digital infrastructure, and high adoption rates of emerging networking technologies such as 5G and artificial intelligence.

North America’s robust enterprise IT ecosystem and early integration of cloud-based and software-defined networking solutions support sustained regional market growth. Favorable government policies focused on cybersecurity, innovation, and digital transformation further propel this expansion.

Additionally, strong demand from key industries, including healthcare, BFSI, and telecommunications, is contributing to domestic market expansion.

• In February 2025, CommScope, a U.S.-based company, through its RUCKUS Networks division, introduced a new range of AI-enhanced enterprise networking solutions. These include Wi-Fi 7 access points and the RUCKUS One platform, designed to improve automation and network efficiency. Additionally, a collaborative optical LAN solution with Nokia offers a cost-effective and simplified alternative for scalable, high-performance enterprise networks.

The Asia-Pacific enterprise networking industry is set to grow at a CAGR of 7.88% over the forecast period. This growth is attributed to rapid digital transformation initiatives, increased adoption of cloud computing, and the expansion of smart city and Industry 4.0 projects across key Asia-Pacific economies.

The region’s supportive government policies, rising investments in telecommunications infrastructure, and growing demand for high-speed connectivity are fostering the deployment of advanced enterprise networking solutions.

Expanding mobile broadband penetration and the widespread implementation of 5G technology are further accelerating network modernization efforts. Additionally, increasing focus on cybersecurity and network resilience is boosting the adoption of intelligent networking systems.

Regulatory Frameworks

• In the U.S., the Federal Communications Commission (FCC) regulates enterprise networking through policies on spectrum allocation, network security, and data privacy. It ensures a reliable communication infrastructure while promoting innovation and protecting consumer rights.
• In the European Union, the General Data Protection Regulation (GDPR) governs data privacy and protection, imposing strict requirements on enterprise networks’ handling of personal data to ensure user privacy and security.
• In India, the Information Technology (IT) Act regulates cybersecurity and data protection, mandating enterprises to implement adequate security measures to protect network infrastructure and sensitive information.

Competitive Landscape

Major players in the enterprise networking market are striving to expand their market share through product innovation, strategic partnerships, and acquisitions. Companies are investing significantly in research and development to enhance network performance, security, and automation capabilities, while also focusing on scalable and cost-effective solutions.

They are developing integrated hardware, software, and service portfolios to address the increasing demand across industries such as IT and telecom, healthcare, BFSI, and manufacturing. Additionally, these firms are partnering with cloud providers, telecom operators, and system integrators to deliver customized networking solutions that support digital transformation and evolving enterprise requirements.

• In April 2025, Infoblox and Google Cloud collaborated to provide advanced cloud-native networking and security solutions. Their offerings, including Infoblox Universal DDI for Google Cloud WAN and Google Cloud DNS Armor powered by Infoblox, aim to streamline global network service deployment and strengthen threat detection, enhancing enterprise networking efficiency and security.

List of Key Companies in Enterprise Networking Market:

• Cisco Systems, Inc.
• Dell Inc.
• Arista Networks, Inc.
• Fortinet, Inc.
• Huawei Technologies Co., Ltd.
• Riverbed Technology
• Check Point Software Technologies Ltd.
• Hewlett Packard Enterprise Development LP
• Extreme Networks.
• Juniper Networks, Inc.
• F5, Inc.
• ALE International
• NVIDIA Corporation
• Cloudflare, Inc.
• Broadcom

Recent Developments (Partnerships/Product Launch)

• In December 2024, Extreme Networks launched Extreme Platform ONE, an integrated platform that combines networking, security, and artificial intelligence (AI) to streamline enterprise operations. It offers AI-driven automation, a unified user experience, and simplified licensing to boost efficiency and reduce complexity in enterprise networking.
• In October 2024, Microland and Juniper Networks partnered to transform enterprise networking with AI-driven Network as a Service (NaaS). This collaboration focuses on real-time insights, automation, and seamless connectivity to improve user experience, operational efficiency, and business productivity.