India Enterprise Network LAN Equipment Market to Cross $ 2.5 Billion by 2021: TechSci Research Report
NEW YORK, October 25, 2016 /PRNewswire/ --
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.
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Browse 59 market data Tables and 69 Figures spread through 200 Pages and an in-depth TOC on
"India Enterprise Network LAN Equipment Market"
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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