An Ethernet Switch is a device placed in a router and act as a central hub wired with every computer and network device. Generally, ethernet switches are used in home and small office. Ethernet switch use to connect multiple computers together within the same network and manages traffic between networks. Ethernet switch enlarges the capacity of a network depending on the number of ports.
Ethernet Switches are utilized everywhere from small offices/home office environments to major internet service providers (ISPs) to military installations. Ethernet switches are used for both industrial and commercial applications. Therefore, growing demand of ethernet switch from industries like automotive, telecommunication and IT among others are the primary drivers of the ethernet switch market. Ethernet switch market drives mainly due to the economic development and maturing IT infrastructure. Restraining factors such as complexity in installation (mainly unmanaged ethernet switch) and need of professionals in network may hamper the growth of ethernet switch market.Ethernet switch are used in variety of industries such as automotive, consumer packaged goods, education, energy, financial services, healthcare. Therefore, growing automotive, telecommunications and IT and healthcare industry in emerging economies is expected to grow the market.
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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.
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
Asia Pacific region hold the largest market share (in terms of revenue) of the total ethernet switch market. It is due to the presence of high technology adoption, number of data centers and adoption of cloud technology in the region. China, India and Japan are the countries mainly contributing in the Asia Pacific ethernet switch market. Booming electronics and automotive industry in China is contributing the major share in the Asia Pacific ethernet market. Asia-Pacific region is expected to grow at fast speed over the forecast period due to the emerging IT and telecommunication industry in countries like India and Japan. The rapid industrialization in Asia Pacific, particularly in China and India helps to grow the ethernet switch market in Asia Pacific.
Asia Pacific was closely followed by North America and Europe in past few years. The new trends such as cloud computing and wireless networking are the primary factors driving the ethernet switch market in the region. Established the IT infrastructure and automotive industry in North America are the primary factors drives the demand of Ethernet switch market in region. The presence of the major industry players such as Redback Networks, Cisco Systems, Inc., Hewlett-Packard, and Arista among others is expected to continue to growth of the ethernet switch market during the forecast period. Recently, on October 2017, Antaira Technologies introduced the LNP-C500G series (5-port industrial gigabit PoE+ unmanaged Ethernet switch embedded with 4*10/100/1000Tx PoE+ (30W/Port) ports and 1*10/100/1000Tx RJ45 port.)
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The global ethernet switch market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The ethernet switch market is highly competitive due to the presence of several large vendors. The competition among the vendors will intensify due to the increase in product extensions and various above mentioned factors. The players in the ethernet switch market compete on the basis of the factors such as technology, features, design and compatibility. The vendors or the manufacturers are continuously coming up with new ideas and technologies to gain competitive advantage over their competitors.
- Device manufacturers
- Network Operators
- Mobile manufacturer
- Government Agencies
- Security Agencies
- End-user sectors
- Communication operators
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