Asia Pacific enterprise network LAN equipment market is expected to register highest growth over the forecast period
According to Coherent Market Insights, Asia Pacific (excluding Japan) Wi-Fi segment witnessed growth of close to 20% in the first quarter of 2016, with enterprise as the major end use industry. Moreover, according to our research experts, Asia Pacific IT infrastructure investments are expected to witness growth at over 4% year-on-year through the forecast period. This will help the industry participants in the region gain higher profit margins in the region
Favorable government initiatives to boost economic development in India will offer potential growth prospects
China, India, Indonesia, Thailand are among the major economies that will positively influence the future industry growth in Asia Pacific. Government initiatives such as Digital India Programme, Bharat Net, National Optical Fibre Network (NOFN), are expected to present India as the most potential economy in the region. Similar initiatives are expected to be witnessed across other emerging economies to aid future economic growth, which will provide significant boost to the overall enterprise network LAN equipment market.
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