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By 2030, the market for network switches is anticipated to reach USD 52.99 billion, growing at a 6.8% CAGR from 2023 to 2030.
To connect numerous devices within a local area network (LAN), network switches are essential components in computer networks. They function at the OSI model's data link layer, facilitating effective data transport between attached devices. Switches take inbound data packets and examine the MAC addresses of the destinations to choose the best path for forwarding the packets. They can establish specialised communication channels as a result, avoiding network congestion. Switches can handle multiple network speeds like Fast Ethernet, Gigabit Ethernet, or 10 Gigabit Ethernet and can have a range of port capacities. Compared to hubs or repeaters, they offer better performance, security, and scalability. Network switches offer effective and dependable data transfer in contemporary network environments with capabilities like VLAN support and Quality of Service (QoS) prioritisation.
This study classifies the network switch market into different geographic regions and market categories, anticipates revenue growth, and examines trends in each submarket. The research examines the market for network switches' major growth factors, prospects, and difficulties. The competitive landscape in the market has been depicted by including recent market developments and competitive tactics including growth, product launch and development, partnerships, mergers, and acquisitions. The key market players are strategically identified, profiled, and their core competencies in each of the market's sub-segments for network switches are analysed.
Driving Factors
Several important forces affect the network switches market, affecting both its development and dynamics. The use of network switches is being driven by the rising need for fast and dependable data transfer within organisations. The demand for effective networking solutions grows as businesses continue to develop their digital infrastructure and rely on data-intensive applications. The development of IoT devices, cloud computing, and big data analytics further increases the need for reliable network switches that can handle the rising volume of data traffic. In addition, the development of virtualization and software-defined networking (SDN) technologies calls for sophisticated switches that can accommodate these changing topologies.
Restraining Factors
There are some obstacles preventing the market for network switches from expanding. The substantial initial expenditure necessary for deploying network switches, which includes the cost of the hardware, installation, and network infrastructure improvements, is a major barrier. For small and medium-sized firms with tight funds, this might be a disincentive. Additionally, organisations without technical experience may face difficulties due to the complexity of network switches and the requirement for professional IT personnel for installation, configuration, and maintenance.
Report Coverage
Global Network Switches research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Network Switches report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Network Switches competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Network Switches market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Network Switches market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Network Switches market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Cisco Systems, Huawei Technologies, HPE Aruba, Juniper Networks, Arista Networks, Netgear, D-Link Corporation, Extreme Networks, NVIDIA Corporation, TRENDnet, Lantronix, Alcatel Lucent Enterprise, Dell Technologies.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Network Switches market based on the below-mentioned segments:
Global Network Switches Market, By Type
Global Network Switches Market, By End User
Global Network Switches market, Regional Analysis
To connect numerous devices within a local area network (LAN), network switches are essential components in computer networks. They function at the OSI model's data link layer, facilitating effective data transport between attached devices. Switches take inbound data packets and examine the MAC addresses of the destinations to choose the best path for forwarding the packets. They can establish specialised communication channels as a result, avoiding network congestion. Switches can handle multiple network speeds like Fast Ethernet, Gigabit Ethernet, or 10 Gigabit Ethernet and can have a range of port capacities. Compared to hubs or repeaters, they offer better performance, security, and scalability. Network switches offer effective and dependable data transfer in contemporary network environments with capabilities like VLAN support and Quality of Service (QoS) prioritisation.
This study classifies the network switch market into different geographic regions and market categories, anticipates revenue growth, and examines trends in each submarket. The research examines the market for network switches' major growth factors, prospects, and difficulties. The competitive landscape in the market has been depicted by including recent market developments and competitive tactics including growth, product launch and development, partnerships, mergers, and acquisitions. The key market players are strategically identified, profiled, and their core competencies in each of the market's sub-segments for network switches are analysed.
Driving Factors
Several important forces affect the network switches market, affecting both its development and dynamics. The use of network switches is being driven by the rising need for fast and dependable data transfer within organisations. The demand for effective networking solutions grows as businesses continue to develop their digital infrastructure and rely on data-intensive applications. The development of IoT devices, cloud computing, and big data analytics further increases the need for reliable network switches that can handle the rising volume of data traffic. In addition, the development of virtualization and software-defined networking (SDN) technologies calls for sophisticated switches that can accommodate these changing topologies.
Restraining Factors
There are some obstacles preventing the market for network switches from expanding. The substantial initial expenditure necessary for deploying network switches, which includes the cost of the hardware, installation, and network infrastructure improvements, is a major barrier. For small and medium-sized firms with tight funds, this might be a disincentive. Additionally, organisations without technical experience may face difficulties due to the complexity of network switches and the requirement for professional IT personnel for installation, configuration, and maintenance.
Report Coverage
Global Network Switches research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Network Switches report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Network Switches competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Network Switches market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Cisco Systems, Huawei Technologies, HPE Aruba, Juniper Networks, Arista Networks, Netgear, D-Link Corporation, Extreme Networks, NVIDIA Corporation, TRENDnet, Lantronix, Alcatel Lucent Enterprise, Dell Technologies. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Network Switches Market from 2021 to 2030.
- Market Forecast for Network Switches Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Network Switches competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Network Switches
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Network Switches market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Network Switches market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Cisco Systems, Huawei Technologies, HPE Aruba, Juniper Networks, Arista Networks, Netgear, D-Link Corporation, Extreme Networks, NVIDIA Corporation, TRENDnet, Lantronix, Alcatel Lucent Enterprise, Dell Technologies.
Primary Target Market
- Market Players of Network Switches
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Network Switches market based on the below-mentioned segments:
Global Network Switches Market, By Type
- Fixed Configuration Switches
- Managed Switches
- Unmanaged Switches
- PoE Switches
- Modular Switches
Global Network Switches Market, By End User
- Data Center
- Cloud Service Providers
- Telecom Service Providers
- Large Enterprise or Private Cloud
- Non-Data Center
Global Network Switches market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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