The adoption of remote working structures and ongoing digital transformation worldwide are driving the demand for advanced, cloud-based networking products and solutions from residential, commercial, and industrial customers. In addition, the deployment of 5G technology and significant funding for future projects should bode well for the networking industry. The global network infrastructure market is expected to grow at a 3.9% CAGR to $229.74 billion by 2026. So, both Cisco Systems (CSCO) and CommScope Holding Company (COMM) should benefit.
CSCO and COMM are two prominent players in the networking space. CSCO designs and manufactures Internet Protocol (IP) based networking products and services related to communications and information technology worldwide. The company sells its products and services directly and through systems integrators, service providers, resellers, and distributors. In comparison, COMM provides infrastructure solutions for communications and entertainment networks. It operates through four segments: Broadband Networks; Home Networks; Outdoor Wireless Networks (OWN); and Venue and Campus Networks (VCN). It sells its products through specialized resellers and distributors, satellite video distributors, system integrators, and directly to customers.
