About Network Hubs
Networking Hubs are one of the most popular devices in terms of network connection. It is a node that broadcasts data to every computer or Ethernet-based device connected to a computer. In basic, a hub is referred to as a hardware device that enables multiple devices or networks to be connected. An example of this networking hub is a USB hub, which allows multiple USB devices to be connected to one computer. These hubs are best suited for small, simple local area network (LAN) environments and connection. However, the lateral shifting from hub to routers has been hampering the market scenario but with the rising advantages of these hubs in small scales companies is boosting the market demands.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.2% |
The global market for networking hubs is consolidated in nature. Asia-Pacific region is estimated to hold a major share in the network hubs industry with rising growth in the forecast period. Countries such as India, China, and Singapore are leading the Asia-Pacific market with strong economic growth as well as rapid advancement in the telecommunication sector is providing a contribution to the industry coupled with the investment done by leading industry players considering potential growth opportunities in the region. Analyst at AMA Research estimates that North America Players will contribute the maximum growth to Global Network Hubs market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Brocade Communications (United States), Cisco (United States), Extreme Networks, Hewlett-Packard (United States), Linksys (United States), NetGear (United States), TRENDnet (United States), Juniper Networks (United States) and Dell (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are HUAWEI (China) and ZTE (China).
Segmentation Overview
AMA Research has segmented the market of Global Network Hubs market by Type (Passive Hubs, Active Hubs and Intelligent Hubs), Application (Data centers, Small office or Home office (SOHO), Corporates, Automation Industry, Electronics Industry, Telecommunication, Service provider networks, Rail, Intelligent Transportation Systems, Smart Grid and Oil & Gas) and Region.
On the basis of geography, the market of Network Hubs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Management Type, the sub-segment i.e. Managed will boost the Network Hubs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology Type, the sub-segment i.e. Wireless LAN will boost the Network Hubs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Desktop will boost the Network Hubs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Shifting Trend Towards Bring Your Own Device (BYOD) by a Large-Scale Organization is Expected to Drive the Market Demand for Network Hubs
Market Growth Drivers:
Increasing Applications of these Networking Hub in Electronic Devices and Rising Digitalization coupled with Increasing Electronics Sector
Challenges:
With the lowering prices of switches, networking hubs are beginning to get phased out of use. In the present situation, hubs are far less commonly deployed. However, network hubs have some niche uses and continue to offer a simple means of networking.
Restraints:
Hubs cannot provide routing capabilities or other advanced network services. Owing to that they operate by forwarding packets across all ports indiscriminately. Thus making people change their preference from hub to switches or repeaters.
Opportunities:
Advancements in Technologies over a period of time id Creating an Opportunity and Shifting Focus towards Incorporation of Internet of Things (IoT) and Machine-To-Machine (M2M) Networks is Immensely Contributing towards the Industry
Market Leaders and their expansionary development strategies
In january 2024, Digital manufacturing leader Protolabs (NYSE: PRLB) launched today its rebranded Protolabs Network service that leverages global manufacturing partners for expanded capabilities and pricing options. Formerly known as Hubs, the move signals Protolabs’ commitment to a singular global brand and unified customer experience. The transition comes almost three years after acquiring the Amsterdam-based manufacturing network, which has seen significant annual growth since the 2021 acquisition.
In September 2023, Advanced Research Projects Agency for Health (ARPA-H), an agency within the U.S. Department of Health and Human Services (HHS), announced the launch of ARPANET-H, a nationwide health innovation network anchored by three ARPA-H regional hubs. The hubs will be mission-focused, regional centers with a growing network of spokes from around the country representing the diversity of people, settings, and capabilities that encompass the American health ecosystem.
Key Target Audience
Network Hubs Manufacturers, Network Hubs Distributors/Traders/Wholesalers, Network Hubs Subcomponent Manufacturers, Industry Association and Downstream Vendors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.