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Data Center Switch Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

02-23-2024 06:29 PM CET | IT, New Media & Software

Press release from: Evolve Business Intelligence

Data Center Switch Market Growth Factors, Segmentation,

As per the study initiated by Evolve Business Intelligence, the global Data Center Switch Market size accounted for USD 6.2 billion in 2022, growing at a CAGR of 13.05% from 2023 to 2033. The data center switch market is experiencing significant growth due to increasing workload demands, the need for simplified data center management, and the rising adoption of cloud services. The market is expected to witness lucrative growth in the next five years, driven by the demand for highly scalable, reliable, and high-performing switching solutions to meet the connectivity requirements between a large number of servers. The key drivers of this market include the need for simplified data center management and automation, high demand for cloud services, and a surge in internet multimedia content and web applications

Additionally, the adoption of energy-efficient switches and the growing demand for higher network bandwidth and speed are further contributing to the robust growth outlook for the data center switch market. The increasing adoption of cloud computing, virtualization, SDN, and edge computing, along with the rising demand for high-speed data transmission and efficient data center infrastructure, are key factors driving this market growth

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Key Highlights:
• The global Data Center Switch Market size was valued at USD 6.2 billion in 2022 growing at a CAGR of 13.05% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Data Center Switch Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..

Buy the Latest Copy of the Report Now at Higher Discount: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=022253

Key Players
Some of the major Data Center Switch Market players holding high market shares include Juniper Networks, Inc., Extreme Networks, Inc, Cisco Systems, Inc and Arista Networks, Inc.. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Juniper Networks, Inc
• Extreme Networks, Inc
• Cisco Systems, Inc
• Arista Networks, Inc.
• Hewlett Packard Enterprise (HPE)
• DELL EMC (DELL TECHNOLOGIES)
• Huawei Technologies Co., Ltd
• Lenovo Group
• NVIDIA Corporation (Mellanox Technologies Ltd.)
• Super Micro Computer, Inc. .

Segmental Analysis
Market Segment By End User
• Retail
• BFSI
• IT and Telecom
• Government and Defense
• Manufacturing
• Media and Entertainment
• Others

Market Segment By Product Type
• Ethernet
• InfiniBand
• Others

Market Segment By Port Speed
• 10G
• 25G
• 40G
• 100G
• 400G
• Others

Market Segment By Switch Type
• Core
• ToR Switch
• Others

For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=022253

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

Address
Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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