Press release
Ethernet Switch Market size was valued at USD 14.1 Billion in 2023 and the total Ethernet Switch revenue is expected to grow at a CAGR of 5 % from 2024 to 2030
Ethernet Switch Market to reach USD 19.37 Bn at a CAGR of 5 percent by 2030- Says Maximize Market ResearchMaximize Market Research, a leading Electronics business consultancy and research firm has published a report on the "Ethernet Switch Market". The total market opportunity for Ethernet Switch Market was USD 14.1 Bn in 2023 and is expected to grow at a CAGR of 5 percent through the forecast period, reaching USD 19.37 Bn by 2030. As per the Maximize Market Research report, the global Ethernet Switch Market is expected to be dominated by the Asia-Pacific region to grow significantly over the forecast period.
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Ethernet Switch Market Scope and Research Methodology
Market Size in 2023: USD 14.1 Bn
Market Size in 2030: USD 19.37 Bn
CAGR: 5 Percent
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 223
No. of Tables: 135
No. of Charts and Figures: 190
Segment Covered: By Type, Port speed, Material, and End User.
Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage: Market Share, Size and Forecast by Revenue | 2023-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
The report thoroughly examines key elements of the Ethernet Switch market, such as limitations, opportunities for sellers, difficulties, and the competitive landscape, aiming to assist stakeholders in making more informed choices for higher profits. The research on the Ethernet Switch market includes details on pricing, competitors, and geography, as well as global regions and countries, with specific information on growth status, market size, and volume.
Ethernet Switch Market Overview
An Ethernet switch is a crucial type of network device that plays a fundamental role in networking and the internet. Advancements in networking technology are fuelling notable growth in the Ethernet switch market. Technological advancements like quicker switches, software-defined networking (SDN), and intent-based networking (IBN) are improving network performance and capabilities. These progressions are driving the market as businesses aim to enhance their networking infrastructure.
Ethernet Switch Market Dynamics
Small and medium-sized businesses are depending on Ethernet switches to accommodate their growing operations. The market demand is high thanks to the larger quantity of small and medium-sized enterprises in comparison to large corporations. These sensors are driving the global Ethernet Switch market. As sensor technology advances additional, the market is predicted to increase and become increasingly varied in the forecast period.
Ethernet Switch Market Regional Insight
Asia Pacific held the largest share in 2023 for the Ethernet Switch Industry. China, Japan, and India are some of the largest key markets for the Ethernet Switch Market. These key factors are driving the growth of the Asia Pacific region in the global market throughout the forecast period.
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Ethernet Switch Market Segmentation
By Type:
• Modular Ethernet switches
• Fixed Configuration Ethernet switches
o Unmanaged Switch
o Partially Managed Switch
o Fully Managed Switch
By Port speed:
• 1G
• 10G
• 25G
• 40G
• 100G
• Others
By End-user:
• Carrier Ethernet
• Datacentre
• Enterprise and Campus
By Application, Datacentre held the largest share in 2023 for the Ethernet Switch Market. With the continuous growth of data centers to support rising digital traffic, cloud storage demands, and new technologies, Ethernet switches are essential for effective network control and fast communication. A strong infrastructure is needed to manage vast amounts of data thanks to the rapid growth of digital information. Ethernet switches facilitate fast data transfer and timely communication, crucial for the functioning of data centers.
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Ethernet Switch Market Key Players
• Cisco Systems, Inc. (USA)
• Huawei (Shenzhen, China)
• Hewlett-Packard (Palo Alto, California, USA)
• Arista Networks (Santa Clara, California, USA)
• Juniper Networks (Sunnyvale, California, USA)
• H3C (Hangzhou, China)
• Brocade Communications Systems, Inc. (San Jose, California, USA)
• D-Link Corporation (Taipei, Taiwan)
• Allied Telesis (Bothell, Washington, USA)
• Alcatel-Lucent (Boulogne-Billancourt, France)
• TRENDnet (Torrance, California, USA)
• Dell (Round Rock, Texas, USA)
• Moxa Inc. (New Taipei, Taiwan)
• Black Box Network Services (Lawrence, Pennsylvania, USA)
• Advantech Co., Ltd. (Taipei, Taiwan)
• Belden Inc. (St. Louis, Missouri, USA)
• Broadcom Inc. (San Jose, California, USA)
• Intel Corp. (Santa Clara, California, USA)
• Telefonaktiebolaget LM Ericsson (Stockholm, Sweden)
𝐓𝐨 𝐚𝐜𝐜𝐞𝐬𝐬 𝐦𝐨𝐫𝐞 𝐜𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧, 𝐜𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞: https://www.maximizemarketresearch.com/market-report/global-ethernet-switch-market/63266/
Key questions answered in the Ethernet Switch Market are:
• What is Ethernet Switch?
• What is the current growth rate of the Ethernet Switch Market?
• Who are the key players in the Ethernet Switch Market?
• What are the factors affecting growth in the Ethernet Switch Market?
• Who held the largest market share by distance in Ethernet Switch Market?
• What is the demand pattern for the Ethernet Switch Market?
• What are the key trends in Ethernet Switch?
• What are the strategies used by competitors in the Ethernet Switch Market?
• What are the growth prospects in developing countries for the Ethernet Switch Market?
• Which segment is expected to witness the fastest growth and why in the Ethernet Switch Market?
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segments | 2023-2030
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by Type, and Distance and Region
• Competitive Landscape - Profiles of selected key players by region in a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
Maximize Market Research is leading Semiconductor research firm, has also published the following reports:
Industrial Ethernet Switch Market. The Industrial Ethernet Switch Market size was valued at USD 2.47 Bn in 2023 and is expected to reach USD 3.90 Bn by 2030, at a CAGR of 6.75 percent.
Ethernet Cable Market: Global Ethernet Cable Market size was valued at USD 14.3 Bn in 2023 and is expected to reach USD 34.7 Bn by 2030, at a CAGR of 13.5 percent over the forecast period.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 45041, India
sales@maximizemarketresearch.com
+91 9607365656
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 45041, India
sales@maximizemarketresearch.com
+91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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