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Ethernet Switch Market 2017 Receives a Rapid Boost in Economy due to High Emerging Demands by Forecast to 2023

03-19-2018 01:40 PM CET | IT, New Media & Software

Press release from: Market Research Future (MRFR)

Ethernet Switch Market 2017 Receives a Rapid Boost in Economy due

Market Highlights:

An Ethernet switch is a data link layer used for LAN interconnection. In general multiple LANs are connected to Ethernet switch which is referred as bridge network. By bridging the connections, the wastage of bandwidth can be reduced i.e. in the process of packet movement. In general, Ethernet switches are classified into modular switches and fixed configuration switches. Modular switches allows to add extra modules/ switches which help in increasing the speed by changing networks with help of flexibility. Cisco’s modular switches such as Catalyst 4K and 6K are application specific such as for firewall or network analysis, cooling fans and many more. In the case of fixed configuration switches the expansion of ports is not possible and are further classified into unmanaged switches, smart switches and managed L2,L3 switches. Smart switches can have very high switching speeds. Smart switches possess management interface which can help in managing the desired switching network.

The demand for high speed data services among enterprises, adoption of cloud based services among various verticals of organization is primarily responsible for global Ethernet switch market growth. The deployment of data centers and necessity for high speed connectivity solution between data centers and organizations, increase in internet usage are fuelling the market growth.

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Major Key Players

Cisco Systems, Inc. (U.S.), Huawei Technologies (China), Hewlett-Packard (U.S.), Arista (U.S.), Juniper Networks (U.S.), H3C (China), Brocade Communications Systems, Inc. (U.S.), D-Link Corporation (U.S.), Allied Telesis, Inc.( U.S.), Alcatel-Lucent (France), TRENDnet, Inc. (U.S.), Dell Inc. (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Ethernet Switch Market.

The global Ethernet Switch Market is expected to reach approximately USD 6.84 billion by the end of 2023 with 4.07% CAGR during forecast period 2017-2023

Industry News
February, 2018 – Netgear, Inc. a global computer networking company launched 28 port smart cloud switches capable of remote management. The switches can be controlled through web portal or mobile application featuring 24 copper Gigabit Ethernet ports which helps in providing flexibility and connectivity in the network.
February, 2018 - Innovium, Inc., a leading networking solutions provider, unveiled an advanced switch software platform for data centers which helps in high performance. There are numerous benefits of advanced switch software such as high performance, VXLAN switching and routing, protection of network infrastructure and many more.

Regional Analysis

Regionally, the global Ethernet switch market is studied for North America, Europe, Asia Pacific and Rest of the World. Asia Pacific holds major market share and is expected to continue through the forecast period. The deployment of cloud based solutions in the region is primarily driving the market in this region. The rise in internet usage among enterprises and individuals and demand for high data speeds are fuelling the market growth. North America holds second major market share for global Ethernet switch market. The deployment of data centers in the region and the presence of major players in the market are constantly innovating in Ethernet switch market to generate cost effective product portfolio.

Global Ethernet Switch Market - Segmentation
The Global Ethernet Switch Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by product type: Comprises modular Ethernet switches, fixed configuration Ethernet switches.
Segmentation by switching ports: Comprises 100ME and 1GbE, 10GbE, 40GbE, 100GbE
Segmentation by end-user: Comprises carrier Ethernet, data centers, enterprise and campus
Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

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Intended Audience
• Device manufacturers
• Network Operators
• Mobile manufacturer
• Government Agencies
• Security Agencies
• End-user sectors
• Communication operators
• Defense

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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