Market Share of Enterprise Network Equipment Industry
The enterprise network equipment market is moderately competitive and consists of a few market players enjoying a significant market share. A few major players currently dominate the market in terms of market share. These market leaders with significant market shares are focusing on expanding their consumer base overseas. Network equipment should also meet the Restriction of Hazardous Substances (RoHS) directive from the European Union (EU), which makes limited numbers of suppliers meet such standards for enterprise use. These companies leverage strategic collaborative initiatives to increase their market share and profitability. The companies operating in the market are also acquiring start-ups working on enterprise network equipment technologies to strengthen their product capabilities
In March 2022, OneCloud CCaaS composable solutions from Avaya, a provider of solutions to improve and streamline communications and collaboration, and Alcatel-Lucent Enterprise (ALE), a global provider of communications, networking, and cloud solutions, announced a strategic partnership that expands the availability of ALE's digital networking solutions to Avaya customers globally.
Enterprise Network Equipment Market Leaders
Cisco Systems Inc.
Hewlett Packard Enterprise Development LP
Huawei Technologies Co. Ltd.
Juniper Networks Inc.
Arista Networks Inc.
*Disclaimer: Major Players sorted in no particular order
