Press release
IOT Popularity Drives Growth In The Switching Equipment Market: A Significant Driver Propelling The Switching Equipment Market In 2025
Switching Equipment
What Is the Switching Equipment Market Size and Projected Growth Rate?
The switching equipment market has grown strongly, moving from $40.73 billion in 2024 to $43.43 billion in 2025 at a CAGR of 6.6%. The growth is attributed to network expansions, broadband and internet growth, data center modernization, and increasing demand for enterprise networking solutions.
The switching equipment market is projected to grow strongly, with a market size of $55.58 billion by 2029 and a CAGR of 6.4%. Growth drivers include the expansion of 5G networks, edge and cloud computing, and IoT-based automation. Prominent trends include scalable data center infrastructure, high-speed switches, wireless connectivity upgrades, AI-based networking, and intent-based systems.
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What Are the Major Segments in the Switching Equipment Market?
The switching equipment market covered in this report is segmented -
1) By End User: Small Enterprises, Medium Enterprises, Large Enterprises
2) By End-Use Industry: Automotive, Healthcare, Telecommunications
3) By Application: Enterprise And Industrial Usage, Telecommunication Providers, Servers And Storage Providers
Subsegments:
1) By Small Enterprises: Small Office Or Home Office (SOHO), Small Business Networks
2) By Medium Enterprises: Mid-Sized Business Networks, Distributed Office Networks
3) By Large Enterprises: Large Business Networks, Data Centers, Corporate Networks
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What Are The Driving Switching Equipment Market Evolution?
The increasing use of IoT devices is leading to expansion in the switching equipment market. With more people relying on smart devices for daily tasks, communication, and work, traditional methods are being replaced. A 2022 Ericsson report revealed that broadband IoT connections reached 1.3 billion, and by 2028, 60% of cellular IoT links are expected to shift to broadband IoT, mainly 4G.
Which Firms Dominate The Switching Equipment Market Segments?
Major companies operating in the switching equipment market include ADVA, Ciena Corporation, Ericsson, Huawei Technologies, Alcatel-Lucent, ZTE, Infinera Corporation, Fujitsu Limited, ECI Telecom Ltd, Cisco Systems, Inc, Tellabs, Inc, ADTRAN Inc, Aliathon Technology Ltd., NEC Corporation, Huawei Technologies, Nokia Siemens, Cyan, Ekinops, JDS Uniphase Corporation, BTI
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Which Is The Largest Region In The Switching Equipment Market?
North America was the largest region in the switching equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the switching equipment market during the forecast period. The regions covered in the switching equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Switching Equipment Market?
2. What is the CAGR expected in the Switching Equipment Market?
3. What Are the Key Innovations Transforming the Switching Equipment Industry?
4. Which Region Is Leading the Switching Equipment Market?
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