Ethernet Switch Market was valued at US$ 5.59 Bn. in 2022 and is expected to reach US$ 7.40 Bn. by 2029, at a CAGR of 4.07% during a forecast period.
Ethernet Switch Market Overview:An Ethernet switch can connect multiple devices and networks to extend a local area network. Routers, on the other hand, share a single IP address with multiple network devices. The main purpose of an Ethernet switch is to create a network, while the main purpose of a router is to enable connectivity between routers. The router has one LAN port and one WAN port. Switches have multiple ports for different devices to communicate within the LAN. These devices include personal computers and printers. Routers provide Internet access to PCs and other devices.To know about the Research Methodology :- Request Free Sample Report
Ethernet Switch Market Dynamics:The rising use of high-speed Gigabit Ethernet is driving the growth of the Global Market. The Global Market is expected to increase due to the rapid usage of PoE for various applications and the convergence of home and corporate networks. Because of the increased demand for internet-enabled gadgets, the Global Ethernet Switch Market is booming. The Global Ethernet Switch Market has grown due to the quick rise of cloud networking and the increasing acceptance of virtualized technology. The global Ethernet switch market is benefiting greatly from business changes in SMEs. There are an expanding number of SMEs, and their business share much outnumbers that of a country's select few top corporations. Furthermore, collocation data centers make constant use of Ethernet switches and routers for seamless and high-speed communication. Many verticals, including small and medium businesses, healthcare organizations, consumer goods providers, the IT and telecom industry, internet businesses (such as e-commerce stores), educational institutions, and so on, would benefit from these capabilities. The increasing number of end-users is propelling the Ethernet switch industry forward. As leading vendors develop new terabit networking, which includes terabit routing and switching, manufacturers in the global market are focusing more on targeting the market with cost-effective and innovative technologies. Increased digital data traffic across existing networks, fast-rising bandwidth demand, growing data center industry, and increased cloud storage use by various organizations are some of the key forces propelling the Global Ethernet Switch Market ahead. Additionally, the Ethernet market is now sitting on a massive opportunity. In the field of technology, new ideas are always being developed. The Internet of Things (IoT), machine learning, and Artificial Intelligence (AI) are examples of complex new endeavors. The Internet of Things (IoT) has opened up a whole new realm of machine-to-machine (M2M) communication. High fixing network connection errors and high maintenance cost. Managing switches can be difficult without trained maintenance personnel or service. This has slowed the growth of the Ethernet switch market as these additional maintenance costs are unacceptable for a large portion of consumers. In developing countries, one cannot afford the extensive regular maintenance of unmanaged Ethernet switches.
Ethernet Switch Market segment analysis:Based on product type, the fixed configuration Ethernet switches segment held the largest market share of xx% in 2022, owing to the high use of Ethernet switches because of the increasing population in developed countries. This segment has high demand due to strong competition vendors are more focused to target the market with cost-efficient and advanced technology and it has a higher transmission speed of 10 Gbps at a low cost. Increasing government funding and increasing R&D department in a developed country that advanced development helps increase the Ethernet Switch Market growth.Based on End-User, the data center segment held the largest market share of xx% in 2022, owing to its advantages and its features and they are data center help increase the productivity that consolidates the data center facility to enhance the operation and improve redundancy and flexibility for better use of IT assets. Additionally, data centers help improve energy efficiency and enhance security those factors help increase the data center segment market. In India demand for data centers increasing rapidly due to increasing digit datacenters and an increase in cloud adoption. The demand for data centers in India is being driven by growth in cloud adoption, data localization, and the adoption of new technologies such as 5G and IoT.
Regional Insight:North America region held the largest market share of xx% in 2022, owing to the increasing population and increasing advanced new technology in this region. The US and Canada country contribute major growth to the market due to the high innovation of new technologies in these countries as well as increasing government funding and increasing number of manufacturers in the developing countries. Asia Pacific region is the second dominant region and it held xx% of the share in 2022. Economies such as India and China are expected to be the largest markets for industrial Ethernet switches as the industry invests heavily in automation processes, and many multinational companies such as BMW and Mercedes have opened manufacturing plants in these countries. As such, the Middle East and Africa are untapped regional markets; opportunities in this region are yet to be explored. The objective of the report is to present a comprehensive analysis of the Ethernet Switch market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Ethernet Switch market and dynamics, and structure by analyzing the market segments and projects the Ethernet Switch market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Ethernet Switch market make the report investor’s guide.
Ethernet Switch Market Scope: Inquire before buying
Global Ethernet Switch Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 5.59 Bn. Forecast Period 2023 to 2029 CAGR: 4.07% Market Size in 2029: US $ 7.40 Bn. Segments Covered: by Product Type 1. Modular Ethernet switches 2. Fixed Configuration Ethernet switches 1.1. Unmanaged Switch 1.2. Partially Managed Switch 1.3. Fully Managed Switch by Switching Port 1. 100ME and 1GbE 2. 10GbE 3. 40GbE 4. 100GbE by End User 1. Carrier Ethernet 2. Datacenter 3. Enterprise and campus
Ethernet Switch Market, by RegionAsia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)
Key Players are:1. Cisco Systems, Inc 2. Huawei 3. Hewlett-Packard 4. Arista 5. Juniper Networks 6. H3C 7. Brocade Communications Systems, Inc 8. D-Link Corporation 9. Allied Telesis 10. Alcatel-Lucent 11. TRENDnet 12. Dell 13. Moxa Inc. 14. Black Box Network Services. 15. Advantech Co., Ltd. 16. Belden Inc 17. Broadcom Inc. 18. Intel Corp. 19. Telefonaktiebolaget LM Ericsson Frequently Asked Questions: 1. Which region has the largest share in Global Ethernet Switch Market? Ans: North American market held the highest share in 2022. 2. What is the growth rate of the Global Ethernet Switch Market? Ans: The Ethernet Switch Market is growing at a CAGR of 4.07 % during the forecasting period 2023-2029. 3. What segments are covered in the Ethernet Switch market? Ans: Ethernet Switch Market is segmented into product type, switching port, end-user, and region. 4. Who are the key players in the Ethernet Switch market? Ans: The important key players in the Ethernet Switch Market are – Cisco Systems, Inc, Huawei, Hewlett-Packard, Arista, Juniper Networks, H3C, Brocade Communications Systems, Inc, D-Link Corporation, Allied Telesis, Alcatel-Lucent, TRENDnet, Dell, Moxa Inc., Black Box Network Services. 5. What is the study period of this market? Ans: The Ethernet Switch Market is studied from 2022 to 2029.
1. Global Ethernet Switch Market: Research Methodology 2. Global Ethernet Switch Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Ethernet Switch Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Ethernet Switch Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Ethernet Switch Market Segmentation 4.1. Global Ethernet Switch Market, by Product Type (2022-2029) • Modular Ethernet switches • Fixed Configuration Ethernet switches o Unmanaged Switch o Partially Managed Switch o Fully Managed Switch 4.2. Global Ethernet Switch Market, by Switching Port (2022-2029) • 100ME and 1GbE • 10GbE • 40GbE • 100GbE 4.3. Global Ethernet Switch Market, by End User (2022-2029) • Carrier Ethernet • Datacenter • Enterprise and campus 5. North America Ethernet Switch Market(2022-2029) 5.1. North America Ethernet Switch Market, by Product Type (2022-2029) • Modular Ethernet switches • Fixed Configuration Ethernet switches o Unmanaged Switch o Partially Managed Switch o Fully Managed Switch 5.2. North America Ethernet Switch Market, by Switching Port (2022-2029) • 100ME and 1GbE • 10GbE • 40GbE • 100GbE 5.3. North America Ethernet Switch Market, by End User (2022-2029) • Carrier Ethernet • Datacenter • Enterprise and campus 5.4. North America Ethernet Switch Market, by Country (2022-2029) • United States • Canada • Mexico 6. European Ethernet Switch Market (2022-2029) 6.1. European Ethernet Switch Market, by Product Type (2022-2029) 6.2. European Ethernet Switch Market, by Switching Port (2022-2029) 6.3. European Ethernet Switch Market, by End User (2022-2029) 6.4. European Ethernet Switch Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Ethernet Switch Market (2022-2029) 7.1. Asia Pacific Ethernet Switch Market, by Product Type (2022-2029) 7.2. Asia Pacific Ethernet Switch Market, by Switching Port (2022-2029) 7.3. Asia Pacific Ethernet Switch Market, by End User (2022-2029) 7.4. Asia Pacific Ethernet Switch Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Ethernet Switch Market (2022-2029) 8.1. The Middle East and Africa Ethernet Switch Market, by Product Type (2022-2029) 8.2. The Middle East and Africa Ethernet Switch Market, by Switching Port (2022-2029) 8.3. The Middle East and Africa Ethernet Switch Market, by End User (2022-2029) 8.4. The Middle East and Africa Ethernet Switch Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Ethernet Switch Market (2022-2029) 9.1. South America Ethernet Switch Market, by Product Type (2022-2029) 9.2. South America Ethernet Switch Market, by Switching Port (2022-2029) 9.3. South America Ethernet Switch Market, by End User (2022-2029) 9.4. South America Ethernet Switch Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Cisco Systems, Inc 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Huawei 10.3. Hewlett-Packard 10.4. Arista 10.5. Juniper Networks 10.6. H3C 10.7. Brocade Communications Systems, Inc 10.8. D-Link Corporation 10.9. Allied Telesis 10.10. Alcatel-Lucent 10.11. TRENDnet 10.12. Dell 10.13. Moxa Inc. 10.14. Black Box Network Services. 10.15. Advantech Co., Ltd. 10.16. Belden Inc 10.17. Broadcom Inc. 10.18. Intel Corp. 10.19. Telefonaktiebolaget LM Ericsson