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Huawei Technologies Co. Ltd. Cisco Systems Inc. and ZTE Corporation held the majority of the APAC network equipment market in 2018
NEW YORK, July 29, 2019 (GLOBE NEWSWIRE) – The APAC network equipment market is expected to reach $ 42,753.4 million by 2024, with a CAGR of 11.3% over the forecast period. According to P & S Intelligence, the key factors driving market growth are the growing deployment of cloud services, the shift to digital transformation, and the growing adoption of IoT-enabled devices.
Depending on the type, the APAC network equipment market is clbadified by router, switch, security device, modem, cable, storage device, access point, repeater, bridge, network card and others, including antennas, amplifiers and concentrators. Of these categories, the router had the largest market share in 2018. This is due to the increasing demand for bandwidth in the region and the increasing deployment of the 5G network in countries such as China, Japan and Japan. South Korea.
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The cable category is further clbadified as coaxial, twisted pair, fiber optic, crossover and patch. Of these, twisted-pair cables accounted for the largest share of revenue in 2018. In addition, the fiber-optic cable market is expected to grow the fastest during the forecast period. This is attributable to the increasing penetration of the Internet in the region and the demand for high-speed data transmission made possible by fiber optics. In addition, with the growing medical and health industries in APAC, the deployment of optical fibers is booming due to their applications in endoscopy, microscopy and biomedical research.
On the basis of the end-user, the APAC network equipment market is clbadified in the following sectors: telecommunications / ISP, residential, data center, government, transportation and commercial. Of these, the government and transportation sectors are expected to hold the largest share of the market over the forecast period. However, data centers are expected to experience significant growth over the forecast period due to the region's growing digitalization and increased demand for cloud services. Major ACPA countries, including Singapore, China, India, Japan, and Indonesia, are demonstrating the demand for data centers to store, manage, and disseminate their data.
Browse the report overview with 385 tables and 205 figures spread over 443 pages and detailed COT on "Asia-Pacific Network Equipment Market Research Report (APAC): By Type (Router, Switch, Security Device, Modem, Cable, Storage Device, Access Point, Repeater / Amplifier / Extender range, bridge, network card), End User (Government and Transport, Commercial, ISP, Data Center, Residential), Regional Overview (China, Japan, India, South Korea, Australia, Indonesia, Singapore) – Analysis of the Industry and growth forecasts for the 2024 horizon " at:https://www.psmarketresearch.com/market-badysis/apac-networking-equipment-market
Depending on the country, China's network equipment market is expected to continue to hold the largest market share during the forecast period, by 2024. This is explained by the increase in IT spending, the growth of the telecommunications sector, the advent of cloud computing and information and communication technologies (ICT) in the country. In addition, key players in the APAC market have manufacturing sites in China, which offer cheaper and more sustainable network equipment, further propelling market growth in the country.
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The growth of the teletransmission sector in the APAC region is contributing to the growth of the network equipment market in the region. Countries such as India and China are experiencing strong growth in the circumvention sector. For example, in 2018, the Indian teletransmission market was close to $ 1 billion and is expected to reach about $ 5 billion by 2023. The increasing penetration of the Internet and digital transformation are further fueling growth in the telecommunications market. teletransmission in India. In addition, in China, subscription video-on-demand (SVoD) revenues are expected to reach nearly $ 15 billion by 2021, compared to about $ 4 billion in 2016. Thus, seamless wireless connectivity is essential for watch videos anytime, anywhere, and from any device. This should further stimulate demand for network equipment in the region during the forecast period.
With many players in the market, the APAC network equipment market is currently very competitive. However, few companies such as Huawei Technologies Co. Ltd., Cisco Systems Inc. and ZTE Corporation held most of this market in 2018.
D-Link Corporation, NETGEAR INC., TP-Link Technologies Co. Ltd., CommScope Holding Company Inc., Juniper Networks Inc., IBM Corporation, and Nokia Corporation are among the leading players in the APAC network equipment market.
RF transmitter / receiver market
The RF Transceiver market is a very competitive market with the presence of several global players. However, the market is primarily characterized by four companies, namely Qualcomm Incorporated, Broadcom Inc., STMicroelectronics NV and MediaTek Inc. These companies hold a significant share of the market because they are the first choice of consumers due to the reputation and the quality of their RF. transceivers.
https://www.psmarketresearch.com/market-badysis/rf-transceiver-market
Optical Network and Communication Market
The optical networking and communications market is under intense competition among the major players, including Fujitsu Limited, Infinera Corporation, Corning Incorporated, ZTE Corporation, ADVA Optical Networking SE and Ciena Corporation. In addition, the market is subject to consolidation, heightened price pressure and increased competition among the players for product innovation.
https://www.psmarketresearch.com/market-badysis/-optical-networking-and-communication-market
About P & S Intelligence
P & S Intelligence is a provider of market research and consulting services responding to the information needs of the booming industry market in the world. As a research and consultancy firm, P & S provides market databases and aims to provide in-depth landscape badysis under a constantly changing market scenario to empower businesses to take advantage of the market. make informed decisions and base their business strategies with cunning.
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