Global Ethernet Switches Market Expected to Grow as Demand from End-Users

An Ethernet switch is a multiport LAN interconnection device that supports large number of segments in a packet switching network. It logically divides the traffic towards the segment between the source and destination, which allows for efficient utilization of bandwidth. Along with efficient routing the other benefits of Ethernet switches are increased security as data is routed only to the desired destination, better management, and ability to use some links in full duplex.

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The main key players in the industry are-
Cisco, Huawei Technologies, HP Enterprise, Arista Networks, New H3C Group, HPE, Juniper Networks, NEC, Lenovo, and Dell.

Can the country of specific interest be added?
Currently, the research report pays particular attention to the following regions:
North America (United States, Canada, Mexico), Europe (Germany, United Kingdom, France, Italy, Russia, Spain, etc.), South America (Brazil, Argentina, etc.) and Middle East and Africa (Saudi Arabia, South Africa, etc.)

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. For instance, according Coherent Market Insights, in 2016 the average internet speed in India was 6.6 Mbps and is projected to reach 18.2 Mbps by 2021. Furthermore, according to the India Brand Equity Foundation (IBEF), in December 2017, India was accounted as the second-highest in terms of number internet users, with 445.96 million internet subscribers.

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Ethernet Switch Market: Regional Insight

The regional analysis of the market for Ethernet switch is segmented into North America, Europe, Asia Pacific, Latin America, The Middle East, and Africa.

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.

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This release was published on openPR.