Press Release / Technology / Ethernet Switch Market Emerging Technologies and Industry Growth by Forecast to 2023
Ethernet Switch Market Emerging Technologies and Industry Growth by Forecast to 2023
By MarketRF39 on May 08 2019 | 676 Views
Global Ethernet Switch Market, By Product Type (Modular Ethernet switches and Fixed Configuration Ethernet switches (Unmanaged Switches, Smart Switches and Managed L2 and L3 Switches), By Switching Po
The report on the global Ethernet Switch market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.
Market Highlights:
Helps to connect ethernet devices, an Ethernet switch helps to receive frames of data from one device and passes them (frames) to appropriate switch ports connected to the ethernet. Market Research Future (MRFR) has published a research report about the global Ethernet switch market that estimates expansion for this market at 4.07% CAGR (Compound Annual Growth Rate) between 2017 and 2023. By value, the market has been figured to be worth the US $ 6.84 bn by the end of the forecast period.
The crucial factors upsurging the global ethernet switch market growth include booming telecommunication and information technology (IT) industry and the global increase in the cloud facilities that is leading to the increase in the global demand for ethernet switch. Other factors contributing to the market growth include competitive landscape being formed by domestic brands as well as new entrants, various established international brands. Lastly, efforts for market expansion by key players via cost-effective software portfolio, increasing investments in research and development (R&D), innovation, and mergers & acquisitions.
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Major Key Players
Cisco Systems, Inc.,
Huawei,
Hewlett-Packard,
Arista,
Juniper Networks,
H3C,
Brocade Communications Systems, Inc.,
D-Link Corporation,
Allied Telesis, Inc.,
Alcatel-Lucent,
TRENDnet, Inc.,
Dell
are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Ethernet Switch Market.
According to MRFR, 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
Latest Industry News
Industrial embedded computer designer and manufacturer WINSYSTEMS have launched its inaugural line of rugged Ethernet switches that have been specifically developed for demanding industrial networking environments.
MilSource has released Techaya’s MILTECH 402, an ultra-compact rugged five (5) port PoE Fast Ethernet switch with power distribution capabilities.
Regional Analysis:
The regional segmentation of the global Ethernet switch market has segmented the market into the regional markets known as North America, Asia Pacific, Europe, and the rest of the world (RoW). Asia Pacific region holds the largest market share in the global market due to the growing adoption of cloud technology in this region, emerging IT & telecommunication industry, rapid industrialization, and a large number of data centers. India and Japan make the maximum contribution to the Asia Pacific market. China (followed by the remaining countries of the Asia Pacific region) also another important country-specific market in this region.
After the Asia Pacific region, North America and Europe are the biggest regional markets due to the new trends such as cloud computing and wireless networking. Technological advancement in these regions is playing an important role in market growth. The most important market driving factors in North America include the established automotive industry and the IT infrastructure. Lastly, the presence of many key market players in both regions (primarily in North America) is also contributing to the market growth. In North America, the significant country-specific markets are the United States of America (USA), Canada, and Mexico. In Europe, such markets are France, Germany, and the United Kingdom (UK), followed by the remaining countries of Europe.
Segmentation:
For the purpose of this study, Market Research Future has segmented the market of Ethernet Switch into product type, switching ports, end-user and region.
By Product Type
Modular Ethernet switches
Fixed Configuration Ethernet switches
Unmanaged Switches
Smart Switches
Managed L2 and L3 Switches
By Switching Ports
100ME and 1GbE
10GbE
40GbE
100GbE
By End-user
Carrier Ethernet
Data center
Enterprise and campus
By Region
North America
Europe
Asia-Pacific
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Intended Audience
Device manufacturers
Network Operators
Mobile manufacturer
Government Agencies
Security Agencies
End-user sectors
Communication operators
Defense
LIST OF TABLES
Table 1 Ethernet Switch Market, By Product Type
Table 2 Ethernet Switch Market, By Switching Ports
Table 3 Ethernet Switch Market, By End-User
Table 4 Ethernet Switch Market, By Geography
Continued……
LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY
FIGURE 2 ETHERNET SWITCH MARKET, BY PRODUCT TYPE (%)
FIGURE 3 ETHERNET SWITCH MARKET, BY SWITCHING PORTS (%)
FIGURE 4 ETHERNET SWITCH MARKET, BY END-USER (%)
FIGURE 5 ETHERNET SWITCH MARKET, BY REGIONS (%)
Continued……
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