Press release
Ethernet Switch Market Growth and Trends: Forecast from 2024 to 2030
The Ethernet Switch Market is experiencing significant growth, driven by technological advancements, increased adoption in data centers, and a surge in internet penetration globally. The market was valued at USD 14.1 Billion in 2023 and is projected to reach USD 19.37 Billion by 2030, growing at a CAGR of 5 % during the forecast period from 2024 to 2030.๐๐ง๐ฅ๐จ๐๐ค ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฏ๐ข๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/63266/
๐๐ญ๐ก๐๐ซ๐ง๐๐ญ ๐๐ฐ๐ข๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ฆ๐๐ซ๐ ๐ข๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ:
Vietnam is witnessing a robust digital transformation, with government initiatives propelling the adoption of advanced IT infrastructure. Significant investments in data centers and networking technologies are further fueling the demand for Ethernet switches. The recent merger between ๐๐ข๐๐ญ๐ญ๐๐ฅ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ and ๐๐๐๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ has bolstered local innovation, enhancing competitive dynamics.
๐๐ญ๐ก๐๐ซ๐ง๐๐ญ ๐๐ฐ๐ข๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐จ๐ญ๐๐ง๐ญ๐ข๐๐ฅ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐:
Thailand's Ethernet switch market is growing due to increasing demand for efficient network connectivity in sectors like manufacturing and retail. The country has seen notable partnerships, including ๐๐ข๐ฌ๐๐จ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ collaborating with Thai telecom providers to deploy high-performance Ethernet solutions. The adoption of 5G services is expected to further accelerate market expansion.
๐๐ญ๐ก๐๐ซ๐ง๐๐ญ ๐๐ฐ๐ข๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง:
Japan leads in technology adoption, with a high demand for high-speed Ethernet switches in the telecommunications and automotive sectors. Key players like ๐๐๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง and ๐ ๐ฎ๐ฃ๐ข๐ญ๐ฌ๐ฎ ๐๐ข๐ฆ๐ข๐ญ๐๐ are investing in R&D for 400G Ethernet switches. Japan's government has also initiated programs to enhance connectivity in rural areas, boosting the market's scope.
๐๐ญ๐ก๐๐ซ๐ง๐๐ญ ๐๐ฐ๐ข๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:
South Korea is experiencing market consolidation with mergers and acquisitions among major players. The acquisition of ๐๐๐๐ฐ๐จ๐จ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ by ๐๐๐ฆ๐ฌ๐ฎ๐ง๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ has reshaped the competitive landscape. The growing penetration of IoT devices and smart technologies is creating a high demand for advanced Ethernet switches.
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/63266/
๐๐ญ๐ก๐๐ซ๐ง๐๐ญ ๐๐ฐ๐ข๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐:
Singapore's Ethernet switch market thrives on its robust ICT framework and initiatives like Smart Nation 2025. Key developments include ๐๐ซ๐ข๐ฌ๐ญ๐ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ partnering with local data center operators to deploy cutting-edge Ethernet switches for high-speed connectivity. The focus on smart infrastructure offers immense market potential.
๐๐ญ๐ก๐๐ซ๐ง๐๐ญ ๐๐ฐ๐ข๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ:
The US market remains a leader in Ethernet switch adoption, driven by exponential growth in cloud computing and the expansion of hyperscale data centers. Companies such as ๐๐๐ฐ๐ฅ๐๐ญ๐ญ ๐๐๐๐ค๐๐ซ๐ ๐๐ง๐ญ๐๐ซ๐ฉ๐ซ๐ข๐ฌ๐ (๐๐๐) and ๐๐ฎ๐ง๐ข๐ฉ๐๐ซ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ are driving innovations. Recent collaborations between ๐๐ข๐๐ซ๐จ๐ฌ๐จ๐๐ญ and ๐๐๐ฅ๐ฅ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ underline the focus on high-speed network solutions.
๐๐ญ๐ก๐๐ซ๐ง๐๐ญ ๐๐ฐ๐ข๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐:
Europe's Ethernet switch market is marked by updates in networking standards and increasing investments in industrial automation. Key players like ๐๐ข๐๐ฆ๐๐ง๐ฌ ๐๐ and ๐๐ฅ๐๐๐ญ๐๐ฅ-๐๐ฎ๐๐๐ง๐ญ ๐๐ง๐ญ๐๐ซ๐ฉ๐ซ๐ข๐ฌ๐ are leveraging AI and edge computing to enhance Ethernet switch capabilities. The European Commission's Digital Strategy is further fostering market growth across the region.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/63266/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
Modular Ethernet switches
Fixed Configuration Ethernet switches
Unmanaged Switch
Partially Managed Switch
Fully Managed Switch
In 2023, the segment with the biggest global safety switch market share was fixed configuration Ethernet switches. Growing R&D departments and government financing in industrialized nations that prioritize advanced development contribute to the expansion of the Ethernet switch industry. Overall, fixed-configuration switches are less expensive since they have a fixed number of ports and are usually not extensible. Unmanaged, somewhat managed, and fully managed switches are examples of fixed-configuration switches. Organizations with extensive or expanding networks are more likely to use managed switches, which are the priciest option among fixed-configuration switches.
๐๐ฒ ๐๐จ๐ซ๐ญ ๐๐ฉ๐๐๐
1G
10G
25G
40G
100G
Others
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ
Carrier Ethernet
Datacentre
Enterprise and Campus
In 2023, the Ethernet switch market's greatest market share was held by the data center sector. Because of its benefits and features, the data center contributes to increased productivity by combining the facilities to improve operation, redundancy, and flexibility for better use of IT assets. Data centers also contribute to increased security and energy efficiency, all of which boost the demand for data centers. Data center demand is rising quickly in India as a result of more digital datacenters and growing cloud adoption. The rise in cloud adoption, data localization, and the uptake of emerging technologies like 5G and IoT are driving the need for data centers in India.
๐๐๐ญ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/global-ethernet-switch-market/63266/
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)
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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