Global Ethernet Switch- Market Overview:
An ethernet switch is a networking device used to connect multiple devices within a local area network (LAN). It operates at the data link layer of the OSI model and is designed to forward data packets to their intended destination within the network. It uses MAC addresses to determine where to forward data packets and addresses in the packet header, and then forwards the packet only to the port connected to the device with that MAC address. The product is available in various sizes, ranging from small, unmanaged switches used in home networks to large, enterprise-grade switches used in corporate environments.
As per latest study released by AMA Research, the Global Ethernet Switch- market is expected to see growth rate of 7.8%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Billion) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
The Growth of Internet of Things (IoT) and Industrial Automation Presents Significant Opportunities for Ethernet Switches
Market Growth Drivers:
Increasing need for High-Speed Data Transfer and Growing demand for Ethernet switches with built-in security
Challenges:
Meeting the Increasing Bandwidth Requirements and Maintaining Low Latency Can Pose Challenges
Restraints:
Scalability Is Critical In Large-Scale Networks Where the Number of Connected Devices and Data Traffic Volume Continue To Grow
Opportunities:
The Adoption of Software-Defined Networking (SDN) Technologies Offers New Opportunities for Ethernet Switches and Growing Focus on Energy Efficiency and Power-Saving Technologies
Competitive Landscape:
There is a growing presence of open networking vendors based on open standards and disaggregated hardware and software models. These vendors are the established players of the market by providing cost-effective, flexible, and customizable networking solutions that appeal to customers seeking alternatives to traditional proprietary offerings. Furthermore, niche players and startups focus on specific market niches or emerging technologies, such as software-defined networking (SDN), network virtualization, and edge computing, introducing innovative Ethernet switch solutions tailored for specialized use cases. With the intense competition, rapid innovation, and a diverse range of vendors catering to the evolving needs of modern networks the market is expected to increase in the forecasted period.
Some of the key players profiled in the report are Dell Inc. (United States), Cisco Systems, Inc. (United States), Huawei Technologies Co., Ltd. (China), Arista Networks, Inc. (United States), Allied Telesis, Inc. (Japan), Moxa Inc. (Taiwan), Intel Corporation (United States), Advantech Co., Ltd. (Taiwan), Siemens AG (Germany) and Hewlett Packard Enterprise (United States). Additionally, following companies can also be profiled that are part of our coverage like ALE International (France), Belden Inc. (United States), Broadcom Inc. (United States), H3C Technologies Co., Ltd (China) and Juniper Networks, Inc. (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Ethernet Switch- market by 2030. Considering Market by Speed, the sub-segment i.e. 1G will boost the Ethernet Switch- market. Considering Market by Configuration, the sub-segment i.e. Unmanaged will boost the Ethernet Switch- market. Considering Market by End User, the sub-segment i.e. Healthcare will boost the Ethernet Switch- market.
In February 2024, Westermo launched a new range of compact, easy-to-use unmanaged industrial Ethernet switches. The SandCat five-port fast Ethernet switch series offers a cost-effective, plug-and-play solution for industrial applications that complements our current range of managed switches. By offering plug-and-play functionality, The Company aims to simplify the deployment and maintenance of Ethernet networks in industrial settings. and In February 2024, Edgecore Networks, an open networking solution, launched its new ECS4650 Layer 3 Gigabit Ethernet Switch series for SMBs, enterprises, and campus networks. With this new switch series, The Company is addressing the networking requirements of diverse customer segments.
What Can be Explored with the Ethernet Switch- Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Ethernet Switch- Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Ethernet Switch-
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Ethernet Switch- market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Ethernet Switch- market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Suppliers and Sellers, Government Agencies, Regulatory Bodies, Potential Investors, Research and Development Institutes, End User Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.