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Ethernet Switch Market Report 2023 - Size, Share, Trends And Analysis 2032 | Cisco Systems Inc., Arista Networks, Hewlett Packard Enterprise, Huawei Technologies Co. Ltd., Juniper Networks Inc
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Ethernet Switch Market Size, Growth Rate, And Forecast
The global ethernet switch market size is expected to grow from $5.03 billion in 2022 to $5.31 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ethernet switch market size is expected to grow to $6.54 billion in 2027 at a CAGR of 5.4%.
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Ethernet Switch Market Drivers
The surge in demand for high-speed internet facilities is expected to propel the growth of the ethernet switch market going forward. High-speed internet is defined as a connection to the internet with a minimum download speed of 25 Mbps and a maximum bandwidth of 1,024 kbps in both the upstream and downstream directions.
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Ethernet Switch Market Segments
• By Product: Modular Ethernet Switches, Fixed Configuration Ethernet Switches
• By Switching Ports: 100ME, 1GbE, 10GbE, 40GbE, 100GbE
• By Application: Residential Use, Office or Commercial Use, Industrial Use, Other Applications
• By End-User: Carrier Ethernet, Data Center, Enterprise and Campus
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Ethernet Switch market.
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Ethernet Switch Market Key Players
Major competitors in the Ethernet Switch market include Cisco Systems Inc., Arista Networks, Hewlett Packard Enterprise, Huawei Technologies Co. Ltd., Juniper Networks Inc., New H3C Technologies Co. Ltd., Brocade Communications Systems.
The Business Research Company's "Global Ethernet Switch Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Ethernet Switch Market Include:
1. Executive Summary
2. Ethernet Switch Market Characteristics
3. Ethernet Switch Market Trends And Strategies
4. Ethernet Switch Market - Macro Economic Scenario
5. Ethernet Switch Market Size And Growth
……
26. Africa Ethernet Switch Market
27. Ethernet Switch Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ethernet Switch Market
29. Ethernet Switch Market Future Outlook and Potential Analysis
30. Appendix
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