Global Refurbished Networking Equipment Market size is projected to register a Compound Annual Growth Rate (CAGR) of approximately 4.6% during the forecast period, with the market size estimated at USD 145.5 Billion in 2025 and expected to reach USD 170.52 Billion by 2034.
Refurbished Networking Equipment Market: Growth Factors and Dynamics
The rapid advancement and acceleration of digitalization in businesses necessitate the installation of IT infrastructure and network connections in areas where demand is increasing rapidly. For example, edge computing, which generates and processes large volumes of data, is fueled by an onslaught of IoT devices that collect data and the application’s requirement for real-time analytics.
Additionally, the COVID-19 pandemic has led to the emergence of a more remote workforce, necessitating the rapid establishment of network access at the periphery beyond the confines of corporate and branch offices.
As a result, enterprises implement online services, including telemedicine, unified communications and collaboration (UCC), and digital payments, necessitating increased network bandwidth capacity and distributed network access points.
In addition, IT organizations are increasingly utilizing virtual devices such as SD-WAN, virtual private networks (VPNs), firewalls, and cloud routing to establish rapid connections with employees, customers, and partner ecosystems via high-speed, low-latency network connections. The market is stimulated by this rapid advancement, which also improves operations digitalization.
Refurbished Networking Equipment Market: Recent Development
- Telefonaktiebolaget LM Ericsson introduced a new software toolkit in October 2024 to enhance the capabilities of 5G Standalone networks and to facilitate premium services with differentiated connectivity. The portfolio enhancement is a response to the increasing demands on network capacity and performance that are being placed on the network by the proliferation of new use cases and the increasing expectations of mobile users regarding the quality of the 5G experience.
- ZTE Corporation, a global leader in providing information and communication technology solutions, introduced a series of new products for 5G industrial field networks in June 2024. These products include the 5G UniEngine V1100A, SmartEdge 6100, and MSE N100.
- Arista Networks, a prominent provider of cloud networking solutions, introduced the AI-driven network identity service in April 2024 to enhance enterprise security and IT operations.. Arista Guardian for Network Identity (CV AGNI) is a product that is built on Arista’s premier CloudVision platform. CV AGNI facilitates the security of IT operations by employing cloud scale and simplified deployment for all enterprise network users, their associated endpoints, and Internet of Things (IoT) devices.
- Nokia Corporation and DXC Technology, a major Fortune 500 global technology services firm, partnered in June 2024 to introduce DXC Signal Private LTE and 5G. This managed secure private wireless network and digitalization platform solution assists industrial enterprises in the digital transformation of their operations.
Report Scope
Feature of the Report | Details |
Market Size in 2025 | USD 145.5 Billion |
Projected Market Size in 2034 | USD 170.52 Billion |
Market Size in 2024 | USD 142.3 Billion |
CAGR Growth Rate | 4.6% CAGR |
Base Year | 2024 |
Forecast Period | 2025-2034 |
Key Segment | By Component, Connectivity, Network Type, End-user and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your research requirements. |
Refurbished Networking Equipment Market: Impact of COVID-19
The global economy and the roll-out and deployment plans of 5G infrastructure were significantly impacted by the COVID-19 pandemic. The global GDP was reduced by -3.2% in 2020 due to COVID-19, as indicated by data released by the International Monetary Fund (IMF) in October 2021.
Governments in numerous countries implemented strict or complete lockdowns to halt the virus’s transmission during the first two quarters of 2020. Numerous significant equipment manufacturers worldwide implemented temporary closures of their facilities to mitigate the virus’s dissemination.
Additionally, the pandemic necessitated organizations to abruptly transition to a work-from-home model, which resulted in adopting online platforms to facilitate distance learning and ensure business continuity. This required the implementation of effective network services and solutions.
The demand for network equipment devices and infrastructure was also positively influenced by factors such as the increasing adoption of smart devices, the increasing penetration of internet connectivity, and the advent of 5G technology. The roll-out of remote work culture and distance learning has accelerated the adoption of 5G services.
List of the prominent players in the Refurbished Networking Equipment Market:
- Cisco Systems Inc.
- Dell Technologies Inc
- Hewlett Packard Enterprise (HPE)
- IBM Corporation
- Juniper Networks Inc.
- Arista Networks Inc.
- Fortinet Inc.
- NETGEAR Inc.
- Ubiquiti Inc.
- Extreme Networks Inc.
- Brocade Communications Systems Inc.
- Alcatel-Lucent Enterprise
- Huawei Technologies Co. Ltd.
- Nokia Corporation
- TP-Link Technologies Co. Ltd.
- ZTE Corporation
- Avaya Inc.
- Barracuda Networks Inc.
- Riverbed Technology Inc.
- Edgewater Networks Inc.
- Others
The Refurbished Networking Equipment Market is segmented as follows:
By Component
- Hardware
- RAN
- Core Network
- Fixed Access
- Others
- Software
- Infrastructure Software
- OSS/BSS
- Others
- Services
- Professional Services
- Advisory/Consulting
- Design / Optimization
- Tools & Automation
- Security
- Deployment Services
- Testing
- Installation
- Integration
- Managed Services
- Network Performance & Management
- App / Data Management
- RAN Operation Support
- Core Operation Support
- Security
- Training
- Professional Services
By Connectivity
- 2G/3G
- 4G LTE
- 5G
By Network Type
- Public Network
- Private Network
By End-user
- Telecom Operators
- Enterprises
- Public Safety
- Healthcare
- Retail and e-Commerce
- Banking, Financial Services, & Insurance
- Government & Defense
- Manufacturing
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America