First Research US Industry Profile

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Computer Networking Equipment Manufacturing
SIC Codes: 3661
NAICS Codes: 334210
Last Quarterly Update: 9/30/2024
Companies in this industry primarily manufacture equipment used to transmit data across communications networks. Major companies include Cisco Systems, Dell, Hewlett Packard Enterprise, and Juniper Networks (all based in the US), as well as Huawei (China) and Nokia (Finland).
The global enterprise network equipment market is valued at over $70 billion in 2024 and wis expected to reach about $124 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 11.35% during the period, according to Mordor Intelligence. The demand is driven by the popularity of wireless equipment and strong demand for internet-enabled devices.
The US computer networking equipment manufacturing industry includes more than 200 establishments with combined annual revenue of about $5 billion.
Competitive Landscape
Demand is driven by economic growth as enterprises and service providers expand networks to meet increasing user needs, and by the superior performance of new equipment, which encourages replacement of existing equipment. Profitability of individual companies depends on timely development and delivery of products in high volumes for large customers. Large companies have advantages in economies of scale in broad product offerings and services. Small companies can successfully compete by designing and developing products that meet highly specialized needs. The industry is highly concentrated: the 50 largest firms account for about 95% of revenue.
Products, Operations & Technology
Major products of networking equipment manufacturers include switches, routers, and network control equipment. Major services of equipment suppliers include ... plus:
Sales & Marketing
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Finance & Regulation
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Regional & International Issues
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Human Resources
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Glossary of Acronyms

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