TECH SUPPLIER Feb 2021 - Market Forecast - Doc # EUR145750320

European Enterprise Network Equipment Forecast Update, 2020-2024

By: Sylvia WünscheSenior Research Analyst, European Telecommunications and Networking

Abstract

This IDC Market Forecast provides an overview of spending in enterprise networking in Europe, including the enterprise switching, routers, and WLAN markets until 2024. It addresses market drivers and inhibitors and provides essential guidance for infrastructure vendors.

"The pandemic crisis continues to put pressure on the enterprise network equipment market, resulting in an expected revenue decline of 6.8% YoY in 2020. But with the crisis subsiding and vaccinations taking place, organizations are becoming more optimistic in terms of their network investments in the near term, providing increasing revenue opportunities for suppliers in 2021 and beyond," said Sylvia Wünsche, senior research analyst, IDC EMEA.


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