Press release
Ethernet Switches Market Top Companies to Watch Out: Cisco, Huawei Technologies, HP Enterprise, Arista Networks
Ethernet-Switch
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Advancements in technology is the major factor driving growth of the Ethernet switch market
Advancements in technology such as big data and cloud computing, is increasing the accessibility to internet for personal purpose, commercial as well as industrial purposes. For IT organizations, big data is used for purposes other than for deploying new application or software, such as Hadoop. The key to achieving predictable performance for these distributed applications, is to provide consistent network bandwidth and latency to various traffic flows. This in turn, increases the demand for Ethernet switches, thus boosting growth of the Ethernet switches market.
The increased demand for high speed networks is another factor boosting growth of Ethernet switch market:
Rising inclination towards digitalization over the recent past, is increasing the number of internet users globally. Growing demand for high speed internet is essential for building efficient communication network infrastructures.
Ethernet Switch Market: Regional Insight
North America held the largest market share in 2017 and is projected to retain its dominance throughout the forecast period (2018-2025) owing to rapid urbanization and increasing adaptation of advanced technologies in the region. Countries in the region, such as the USA and Canada are major growth engines for the market due to rapid adoption of new and advanced technologies in these countries.
Asia Pacific market is expected to grow with the highest CAGR in the forecast period (2018-2025). India, China, Japan are some of the major economies which drive the market in this region. The high-scale network infrastructure modernization of residential and commercial applications is expected to drive growth of the Ethernet switch market.
Ethernet Switch Market: Competitive Insight
Major players operating in the global Ethernet switch market include Cisco, Huawei Technologies, HP Enterprise, Arista Networks, New H3C Group, HPE, Juniper Networks, NEC, Lenovo, and Dell.
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Ethernet Switch Market: Taxonomy
By Type:
• Unmanaged Switch
• Partially Managed Switch
• Fully Managed Switch
By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East
• Africa
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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