The networking equipment market in Canada is forecast to reach $2.8 billion in revenue in 2022, resulting in a five-year CAGR of 1.8%.
The network equipment market is in a state of transition as traditional deployment models are challenged by cloud, software-defined solutions, and SaaS. Routing and IP PBX systems were hit the hardest in 2017, but ongoing refresh cycles of datacentre and edge networks will drive investment in switching, wireless LAN, and security appliances over the forecast period.
List of Attachments
IDC Market Forecast Figure
Figure: Canadian Networking Equipment Revenue Snapshot
Advice for Technology Suppliers
Table: Canadian Networking Equipment Revenue, 2017-2022 (C$M)
Drivers and Inhibitors
Mandatory Breach Notification
Software-Defined Networking and Network Function Virtualization
Unified Communications and Collaboration Software Adoption
Hosted IP PBX Services
Changes from Prior Forecast
Table: Canadian Networking Equipment Spending, 2013-2022: Comparison of May 2017 and May 2018 Forecasts (C$M)
Figure: Canadian Networking Equipment Spending, 2013-2022: Comparison of May 2017 and May 2018 Forecasts (C$M)