Press release
Ethernet Switch Market Outlook 2023: Top Companies, Emerging Audience, Future Opportunities, Demand, Sales revenue and Forecasts
The key players in the global ethernet switch market include- Cisco Systems, Inc., Huawei, Hewlett-Packard, Arista, Juniper Networks, H3C, Brocade Communications Systems, Inc., D-Link Corporation, Allied Telesis, Inc., Alcatel-Lucent, TRENDnet, Inc., Dell among others.
Regionally, Asia Pacific accounted for the largest market share from countries such China, Japan, and India among others. The reason is attributed to growing number of data centers in the region. Increasing application of big data analytics and cloud-based services in various end-user segments such as automotive, healthcare, colleges or schools is expected to grow the market at fast pace. However, Asia Pacific is expected to be the fastest growing over the forecast period, 2017-2023.
According to MRFR, The global Ethernet Switch Market is expected to reach approximately USD 6.84 billion by the end of 2023 with 4.07% CAGR during forecast period 2017-2023
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What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Industry News
February, 2018 – Netgear, Inc. a global computer networking company launched 28 port smart cloud switches capable of remote management. The switches can be controlled through web portal or mobile application featuring 24 copper Gigabit Ethernet ports which helps in providing flexibility and connectivity in the network.
February, 2018 - Innovium, Inc., a leading networking solutions provider, unveiled an advanced switch software platform for data centers which helps in high performance. There are numerous benefits of advanced switch software such as high performance, VXLAN switching and routing, protection of network infrastructure and many more.
Segmentation
On the basis of product type, the market can be segmented into modular ethernet switches and fixed configuration ethernet switches. Fixed configuration ethernet switches can be further segmented into unmanaged switches, smart switches and managed L2 and L3 switches. Out of these, modular ethernet switches segment accounted for the largest market share majorly due to its benefits like safe, easy to use and elegant in design and features.
On the basis of switching port, the market can be segmented into 100ME and 1GbE, 10GbE, 40GbE and 100GbE. Out of these, 10GbE segment is projected to be the largest segment of ethernet switch market due to its adoption from large branch offices, data centers, campuses and telecommunication service providers.
On the basis of end-users, the market can be segmented into carrier ethernet, data center and enterprise and campus. Out of these, data center segment hold the significant share of the total market due to the booming telecommunication industry all over the world.
On the basis of region, the market can be segmented into North America, Europe, Asia-Pacific and Rest of the world. Asia Pacific and North America region are the main regions contributing major share in global ethernet switch market. Asia Pacific dominated the ethernet switch market in past years in terms of revenue due to the growing IT and telecommunication industry. Furthermore, Asia Pacific is expected to be the fastest growing region for the ethernet switch market.
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Regional Analysis:
The global ethernet switch market is expected to grow significantly over the forecast period, 2017-2023. Ethernet switch segment market globally drives the market majorly due to growing industries like automotive, healthcare, telecommunication and IT among others. Due to technological advancement, increasing number of data centers that are managed by cloud solution providers. The demand of ethernet switch is increasing from telecommunication service providers coupled with increasing penetration of internet is expected to drive the ethernet switch market at fast pace.
The global ethernet switch market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World. These regions are further bifurcated into various countries including U.S., Canada, Mexico, UK, France, Germany, China, Japan and India.
Intended Audience
• Device manufacturers
• Network Operators
• Mobile manufacturer
• Government Agencies
• Security Agencies
• End-user sectors
• Communication operators
• Defense
TABLE OF CONTENTS
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
Continued…..
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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