The APAC networking equipment market valued at $22,875.2 million in 2018, and is expected to advance at a CAGR of 11.3% during the forecast period 2019–2024. This can be attributed to factors including rising bandwidth requirement and growing data traffic. Further, rising incidents of cyber-attacks are also driving the market where organizations are enforced to adopt networking security solutions in order to mitigate risks arising from such attacks.

The APAC networking equipment market valued at $22,875.2 million in 2018, and is expected to advance at a CAGR of 11.3% during the forecast period 2019–2024. This can be attributed to factors including rising bandwidth requirement and growing data traffic. Further, rising incidents of cyber-attacks are also driving the market where organizations are enforced to adopt networking security solutions in order to mitigate risks arising from such attacks.