Press release
Ethernet Switch Market Growth Influenced by IT Industry | Major Players are Cisco Systems, Inc., Huawei, Hewlett-Packard, Arista, Juniper Networks, H3C, Brocade Communications Systems, Inc., D-Link Corporation, Allied Telesis, Inc., Alcatel-Lucent and Del
Market HighlightsGrowth of the telecommunication industry and information technology sector has catapulted the global ethernet switch market. As per the study conducted by Market Research Future (MRFR), the global ethernet switch market will growth at a 4.07% CAGR during the forecast period (2017-2023) and reach a valuation in excess of USD 6.84 Bn.
The intense competition among suppliers and the waging price war to provide cost efficient solutions to consumers can impel the expansion of the global Ethernet switch market. Top-notch Ethernet switch market suppliers are using advanced technology and are coming up with innovations, such as terabit networking, which can boost the expansion of the global market. Increase in digital data traffic and rise in the demand for better bandwidth solutions are observed to be some impellers of the global Ethernet market. Additional factors, such as increase in number of data centers and high rate of adoption of cloud storage can propel the global Ethernet switch market in the forecast period. On the flip side, difficult in install and need for training personals are key restrains of the market.
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Segmentation:
MRFR’s report includes an in-depth segmental analysis of the market based on switching ports, product type and end user.
On the basis of switching ports, the market has been segmented into 100GbE, 40GbE, 10GbE, 1GbE and 100ME. On the basis of product type, the market has been segmented into fixed configuration ethernet switches and modular ethernet switches. The fixed configuration ethernet switches segment covers managed L2 and L3 switches, smart switches, and unmanaged switches. On the basis of end-use, the market has been segmented into campus, data center and enterprise and carrier ethernet.
Global Ethernet Switch Market: Regional Analysis
Asia Pacific Ethernet switch market can surge owing to the rise in demand for Ethernet switch in different sectors, such as healthcare, automotive, telecommunication and IT, and others. Advanced technology increase in data centers count and rise in cloud solution providers are additional factors that are expected to prompt the expansion of the APAC Ethernet switch market. The high demand for Ethernet switch across the telecommunication sector coupled with the rise in the penetration of the internet can spur the regional Ethernet switch market growth. China, Japan, and India among other countries of APAC, due to the presence of their cash-rich automotive and electronics industries can bolster the Asia Pacific market.
Competitive Dashboard:
Some of the market participants profiled in MRFR’s report include Huawei, Arista, H3C, D-Link Corporation, Alcatel-Lucent, Cisco Systems, Inc., Juniper Networks, Allied Telesis, Inc., Hewlett-Packard, TRENDnet, Inc., Brocade Communications Systems, Inc. and Dell.
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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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