Ethernet Switch Market 2018 Global Trends, Key Vendors Analysis, Industry Growth, Import & Export, Revenue by Forecast to 2023
Nov 14, 2018
Market Research Future published a Half- Cooked research report on “Global Ethernet Switch Market Research Report - Forecast to 2023” Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023
Pune, India - November 14, 2018 /MarketersMedia/ —
Market Highlights:
The global ethernet switch market is presumed to garner USD 6.84 billion during the forecast period (2017-2023). The market is likely to register 4.07 % CAGR owing to the booming IT and telecommunication industry, asserts Market Research Future. Maximum businesses use a switch to connect printers, computers, servers, and other devices to form a network. Switch is extensively used as it is a cost-effective solution which increases the productivity of the business by sharing information and allocating resources across the business network. An ethernet switch is referred to as a multiport LAN interconnection device which supports large segments in a packet switching network.
November 01, 2018: Cisco has recently announced four 400 Gigabit Ethernet additions to the Nexus series of Ethernet switches. The company states that they must have such switches in the field trials by the end of this year, with availability slated for the first half of 2019.
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Major Key Players
The key players in the global ethernet switch market include- 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 among others.
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
Drivers and Constraints Impacting the Market
With the advancement in technology such as cloud computing and big data, the accessibility to internet for commercial, personal, and industrial purpose has increased. Cloud data applications such as Big Data and Hadoop have distributed applications which run on server clusters many-to-many communication patterns. The key to achieving predictable performance is to offer consistent network bandwidth to various traffic flows. This further trigger the demand for ethernet switches during the assessment period. With inclination towards digitization, the number of internet users is increasing across the globe. Therefore, it is required to build an effective communication network infrastructure. Such factors are augmenting the demand for ethernet switches which is an integral part of the communication network.
On the flip side, ethernet switches are difficult to install and use. Ethernet switches also require training personals if the network goes down. Such factors are considered to impede the market growth in the coming years.
Global Ethernet Switch Market: Segmental Analysis
The global ethernet switch market has been segmented on the basis of switching ports, product type, end-users, and region.
By mode of product type, the global ethernet switch market has been segmented into fixed configuration ethernet switches and modular ethernet switches. Among these, the fixed configuration ethernet switches have been further sub-segmented into smart switches, unmanaged switches, and managed L2 and L3 switches. The modular ethernet switches are high in demand especially in the industrial application as they are flexible in nature and allow end users to add expansion modules into the switch according to the requirement.
By mode of switching ports, the global ethernet switch market has been segmented into 10GbE, 100ME and 1GbE, 40GbE and 100GbE.
By mode of end-users, the global ethernet switch market has been segmented into data center and enterprise, carrier ethernet, and campus.
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Regional Analysis:
Geographically, ethernet switch market span across regions namely, Asia Pacific, North America, Europe, and Rest-of-the-World (RoW).
Among all the regions, Asia Pacific is considered to hold the largest market share in terms of revenue and is expected to maintain its dominance over the review period. The growth is attributed to the presence of technological advancements, adoption of cloud technology, and number of data centers in this region. Moreover, economies such as India, China, and Japan are contributing to the market growth. The region is presumed to expand at fast speed owing to the emerging telecommunication and IT industry in economies such as Japan and India. Moreover, with rapid industrialization in India and China, the market is likely to evolve.
North America is anticipated to register a significant growth rate owing to the advent of wireless network and cloud computing. Also, established automotive industry and IT infrastructure are fueling the market growth. Moreover, the presence of industry giants such as Cisco Systems Inc., Redback Networks, Arista, and Hewlett-Packard are likely to influence the market growth during the review period.
Intended Audience
• Device manufacturers
• Network Operators
• Mobile manufacturer
• Government Agencies
• Security Agencies
• End-user sectors
• Communication operators
• Defense
TABLE OF CONTENTS
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
Continued…..
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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…..
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.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact Info:
Name: abhishek Sawant
Organization: Market Research Future
Phone: +1 646 845 9312
For more information, please visit https://www.marketresearchfuture.com/reports/ethernet-switch-market-4576
Source: MarketersMedia
Release ID: 443212
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