Press release
Ethernet Switch Market to Reach USD 19.37 Billion by 2030, Growing at a 5% CAGR
๐๐ญ๐ก๐๐ซ๐ง๐๐ญ ๐๐ฐ๐ข๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐThe Global Ethernet Switch Market is witnessing substantial growth, fueled by the rising adoption of Ethernet switches across industries for enhanced connectivity and performance. Valued at USD 14.1 billion in 2023, the market is expected to reach USD 19.37 billion by 2030, growing at a CAGR of 5 % during the forecast period (2024-2030). This growth is driven by advancements in data center infrastructure, increasing demand for high-speed internet, and the proliferation of IoT and cloud computing technologies.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/63266/
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ญ๐ก๐๐ซ๐ง๐๐ญ ๐๐ฐ๐ข๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐ซ๐จ๐ฌ๐ฌ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam is emerging as a pivotal market for Ethernet switches, driven by rapid industrialization and the government's push for digital transformation. Notable recent developments include the expansion of ๐๐ข๐ฌ๐๐จ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ and partnerships with local telecommunications providers to enhance network infrastructure. The market has seen an increasing adoption of managed switches for improved operational efficiency in smart factories and data centers.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's Ethernet switch market is characterized by significant mergers and acquisitions aimed at strengthening local distribution networks. ๐๐๐ฐ๐ฅ๐๐ญ๐ญ ๐๐๐๐ค๐๐ซ๐ ๐๐ง๐ญ๐๐ซ๐ฉ๐ซ๐ข๐ฌ๐ (๐๐๐) recently collaborated with a major Thai telecom operator to enhance connectivity solutions across urban and rural areas. With a robust IT sector and the rise of smart city projects, the demand for Layer 3 Ethernet switches is growing steadily.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's established technology sector makes it a leading contributor to the Ethernet switch market. The adoption of advanced switches, such as 100GbE and 400GbE, is gaining traction due to the growing need for high-speed data centers. ๐๐ฎ๐ง๐ข๐ฉ๐๐ซ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ recently announced strategic alliances with Japanese firms to deploy cutting-edge Ethernet solutions in Tokyo's financial and manufacturing hubs.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/63266/
๐๐ญ๐ก๐๐ซ๐ง๐๐ญ ๐๐ฐ๐ข๐ญ๐๐ก ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea is a frontrunner in integrating Ethernet switches into its 5G infrastructure. With its extensive network of smart factories and digital enterprises, the market is experiencing exponential growth. A recent partnership between ๐๐ฎ๐๐ฐ๐๐ข ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ and South Korean firms aims to deliver innovative networking solutions tailored for AI-driven operations.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐๐ซ๐ค๐๐ญ
Singapore is leading Southeast Asia in Ethernet switch adoption due to its thriving data center ecosystem. The government's Smart Nation initiative has further boosted investments in network infrastructure. Recent acquisitions, such as ๐๐ซ๐ข๐ฌ๐ญ๐ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ' partnership with a major Singaporean telecom provider, underscore the market's rapid evolution.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐
The United States remains a dominant player in the global Ethernet switch market. The expansion of cloud services and data centers has driven the demand for advanced switching solutions. ๐๐๐ฅ๐ฅ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ and ๐๐ซ๐จ๐๐๐๐จ๐ฆ ๐๐ง๐. have been instrumental in launching innovative products tailored for hyperscale data centers. Mergers and acquisitions continue to shape the competitive landscape, enhancing market consolidation.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/63266/
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐
Europe's Ethernet switch market is buoyed by advancements in IoT, Industry 4.0, and smart city projects. Countries like Germany and France are key contributors, with rising adoption of Gigabit Ethernet switches. ๐๐ฑ๐ญ๐ซ๐๐ฆ๐ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ recently acquired a European networking firm, further solidifying its presence in the region.
๐๐ญ๐ก๐๐ซ๐ง๐๐ญ ๐๐ฐ๐ข๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
Modular Ethernet switches
Fixed Configuration Ethernet switches
Unmanaged Switch
Partially Managed Switch
Fully Managed Switch
๐๐ฒ ๐๐จ๐ซ๐ญ ๐๐ฉ๐๐๐
1G
10G
25G
40G
100G
Others
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ
Carrier Ethernet
Datacentre
Enterprise and Campus
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/global-ethernet-switch-market/63266/
๐๐ญ๐ก๐๐ซ๐ง๐๐ญ ๐๐ฐ๐ข๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Cisco Systems, Inc (USA)
2. Huawei (Shenzhen, China)
3. Hewlett-Packard (Palo Alto, California, USA)
4. Arista Networks (Santa Clara, California, USA)
5. Juniper Networks (Sunnyvale, California, USA)
6. H3C (Hangzhou, China)
7. Brocade Communications Systems, Inc. (San Jose, California, USA)
8. D-Link Corporation (Taipei, Taiwan)
9. Allied Telesis (Bothell, Washington, USA)
10. Alcatel-Lucent (Boulogne-Billancourt, France)
11. TRENDnet (Torrance, California, USA)
12. Dell (Round Rock, Texas, USA)
13. Moxa Inc. (New Taipei, Taiwan)
14. Black Box Network Services (Lawrence, Pennsylvania, USA)
15. Advantech Co., Ltd. (Taipei, Taiwan)
16. Belden Inc. (St. Louis, Missouri, USA)
17. Broadcom Inc. (San Jose, California, USA)
18. Intel Corp. (Santa Clara, California, USA)
19. Telefonaktiebolaget LM Ericsson (Stockholm, Sweden)
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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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