Press release
Ethernet Switch Market 2019 Global Analysis, Segments, Size, Key Share, Companies, Competitors Strategies, Industry Growth and Regional Trends by Forecast to 2023
The report on the global Ethernet Switch market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.Market Highlights:
The global ethernet switch market is presumed to garner USD 6.84 billion during the forecast period (2017-2023). The market is likely to register 4.07 % CAGR owing to the booming IT and telecommunication industry, asserts Market Research Future. Maximum businesses use a switch to connect printers, computers, servers, and other devices to form a network. Switch is extensively used as it is a cost-effective solution which increases the productivity of the business by sharing information and allocating resources across the business network. An ethernet switch is referred to as a multiport LAN interconnection device which supports large segments in a packet switching network.
Cisco’s modular switches such as Catalyst 4K and 6K are application specific such as for firewall or network analysis, cooling fans and many more. In the case of fixed configuration switches the expansion of ports is not possible and are further classified into unmanaged switches, smart switches and managed L2,L3 switches. Smart switches can have very high switching speeds. Smart switches possess management interface which can help in managing the desired switching network.
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Major Key Players
• 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
are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Ethernet Switch Market.
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
Drivers and Constraints Impacting the Market
With the advancement in technology such as cloud computing and big data, the accessibility to internet for commercial, personal, and industrial purpose has increased. Cloud data applications such as Big Data and Hadoop have distributed applications which run on server clusters many-to-many communication patterns. The key to achieving predictable performance is to offer consistent network bandwidth to various traffic flows. This further trigger the demand for ethernet switches during the assessment period. With inclination towards digitization, the number of internet users is increasing across the globe. Therefore, it is required to build an effective communication network infrastructure. Such factors are augmenting the demand for ethernet switches which is an integral part of the communication network.
On the flip side, ethernet switches are difficult to install and use. Ethernet switches also require training personals if the network goes down. Such factors are considered to impede the market growth in the coming years.
Regional Analysis:
Geographically, ethernet switch market span across regions namely, Asia Pacific, North America, Europe, and Rest-of-the-World (RoW).
Among all the regions, Asia Pacific is considered to hold the largest market share in terms of revenue and is expected to maintain its dominance over the review period. The growth is attributed to the presence of technological advancements, adoption of cloud technology, and number of data centers in this region. Moreover, economies such as India, China, and Japan are contributing to the market growth. The region is presumed to expand at fast speed owing to the emerging telecommunication and IT industry in economies such as Japan and India. Moreover, with rapid industrialization in India and China, the market is likely to evolve.
North America is anticipated to register a significant growth rate owing to the advent of wireless network and cloud computing. Also, established automotive industry and IT infrastructure are fueling the market growth. Moreover, the presence of industry giants such as Cisco Systems Inc., Redback Networks, Arista, and Hewlett-Packard are likely to influence the market growth during the review period.
Segmentation:
For the purpose of this study, Market Research Future has segmented the market of Ethernet Switch into product type, switching ports, end-user and region.
By Product Type
Modular Ethernet switches
Fixed Configuration Ethernet switches
• Unmanaged Switches
• Smart Switches
• Managed L2 and L3 Switches
By Switching Ports
• 100ME and 1GbE
• 10GbE
• 40GbE
• 100GbE
By End-user
• Carrier Ethernet
• Data center
• Enterprise and campus
By Region
• North America
• Europe
• Asia-Pacific
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Intended Audience
• Device manufacturers
• Network Operators
• Mobile manufacturer
• Government Agencies
• Security Agencies
• End-user sectors
• Communication operators
• Defense
LIST OF TABLES
Table 1 Ethernet Switch Market, By Product Type
Table 2 Ethernet Switch Market, By Switching Ports
Table 3 Ethernet Switch Market, By End-User
Table 4 Ethernet Switch Market, By Geography
Continued……
LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY
FIGURE 2 ETHERNET SWITCH MARKET, BY PRODUCT TYPE (%)
FIGURE 3 ETHERNET SWITCH MARKET, BY SWITCHING PORTS (%)
FIGURE 4 ETHERNET SWITCH MARKET, BY END-USER (%)
FIGURE 5 ETHERNET SWITCH MARKET, BY REGIONS (%)
Continued……
About Market Research Future:
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.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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