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Ethernet Switch Market Trends, Top Companies, Share, Growth And Forecast 2032
Ethernet Switch Market
The Business Research Company's Ethernet Switch Global Market Report 2023 identifies the surge in demand for high-speed internet facilities as the major driver for the ethernet switch market's growth in the forecast period. 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. Ethernet switches aid in boosting the network's dependability and boosting data rates up to about 1,000 Mbps.
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 market size of 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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Major competitors in the ethernet switch market are Cisco Systems Inc., Arista Networks, Hewlett Packard Enterprise, Huawei Technologies Co. Ltd., Juniper Networks Inc., New H3C Technologies Co. Ltd., Brocade Communications Systems, D-link Corporation, Allied Telesis Inc., Broadcom Ltd., Alcatel-Lucent Enterprise, Moxa Inc., Black Box Network Services, Advantech Co. Ltd., and Belden Inc.
A key trend in the ethernet switch market includes technological advancement. Major companies operating in the ethernet switch market are developing technologically advanced products to strengthen their position in the market. For instance, in September 2022, Antaira Technologies, LLC, a US-based industrial networking and communication products manufacturing company, launched the LNP-0800G and LNP-0800G-24 unmanned ethernet switches featuring persistent Power over Ethernet (PoE) technology. Antaira's 802.3bt PoE-managed switches now incorporate persistent PoE technology. This technology makes sure that powered devices continue to receive power during firmware updates so that data collection does not stop. Additionally, it disables the reset of connected devices after power is restored. Both switches provide store-and-forward transmission capabilities that minimize collisions and frame errors, while high EFT and ESD protection guard against interference in high electromagnetic situations like automation systems.
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https://www.thebusinessresearchcompany.com/report/ethernet-switch-global-market-report
The ethernet switch market is segmented -
• 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.
The Business Research Company's "Global Ethernet Switch Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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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