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Data Center Switch Market is Projected to Reach $28,709.2 Million By 2026 | Jupiter Networks, Huawei, Hewlett Packard Enterprise, Ericsson

09-21-2021 03:03 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Data Center Switch Market

Data Center Switch Market

Allied Market Research published a report, titled, "Data Center Switch Market by Port Speed (10G and below, above 10G up to 25G, above 25G up to 40G, above 40G up to 100G, and above 100G), Technology (Ethernet, InfiniBand, and Others), Switch type (Core, ToR Switch, and Others), and Industry (IT & Telecom, Government & Defense, BFSI, Retail, Manufacturing, Media & Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026." The report provides an in-depth analysis of drivers & opportunities, wavering market trends, competitive market scenario, and market size & estimates. According to the report, the global data center switch market was estimated at $12.86 billion in 2018 and is expected to hit $28.70 billion by 2026, registering at CAGR of 10.1% during 2019–2026.

Access full Report Description, TOC, Table of Figure, Chart, etc. @ https://www.alliedmarketresearch.com/data-center-switch-market

Significant growth in cloud computing & edge computing and several government regulations regarding localization of data centers fuel the growth of the global data center switch market. On the other hand, high data center operational cost restrains the growth to some extent. However, increase in smart computing devices is expected to create multiple opportunities in the industry.

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The ethernet segment to maintain its dominance through 2019–2026-

Based on technology, the ethernet segment accounted for nearly three-fourths of the total market share in 2018 and is expected to lead the trail till 2026. High usage of Ethernet switch L2 and L3 has worked as the major growth factor for ethernet data center switch market. On the other hand, offering high performance specification for data transmission between high speed, low latency, and highly scalable CPUs, the infiniband segment is projected to grow at the fastest CAGR of 19.1% during the study period.

The 10G and below segment to retain its top status till 2026-

Based on port speed, the 10G and below segment generated the largest share in 2018, accounting for more than two-thirds of the total market. This is attributed to easy installation and plug & play features of these ports which make them suitable for small as well as medium networks. The above 40G up to 100G segment, on the other hand, is predicted to showcase the fastest CAGR of 40.3% during the forecast period.

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North America garnered the major share in 2018-

Based on geography, North America contributed to nearly two-fifths of the total market revenue and is anticipated to rule the roost throughout the estimated period. Wide presence of key hyperscale cloud providers in the region, followed by rapid advancements and innovations in data center has driven the growth.

Frontrunners in the industry-

The key market players analyzed in the report include Jupiter Networks, Huawei, Hewlett Packard Enterprise, Ericsson, Arista Networks, Mellanox, Cisco, Dell EMC, ZTE, and Extreme Networks. Adhering to a number of high-end strategies including expansions, mergers & acquisitions, partnerships, joint ventures, collaborations, and others, these market players have become able to heighten their stand in the industry.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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