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 software portfolio. The ethernet switch market is highly competitive due to the presence of several large vendors.
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
On the basis of product type, the market can be segmented into modular ethernet switches and fixed configuration ethernet switches. Fixed configuration ethernet switches can be further segmented into unmanaged switches, smart switches and managed L2 and L3 switches. Out of these, modular ethernet switches segment accounted for the largest market share majorly due to its benefits like safe, easy to use and elegant in design and features.
On the basis of switching port, the market can be segmented into 100ME and 1GbE, 10GbE, 40GbE and 100GbE. Out of these, 10GbE segment is projected to be the largest segment of ethernet switch market due to its adoption from large branch offices, data centers, campuses and telecommunication service providers.
On the basis of end-users, the market can be segmented into carrier ethernet, data center and enterprise and campus. Out of these, data center segment hold the significant share of the total market due to the booming telecommunication industry all over the world.
On the basis of region, the market can be segmented into North America, Europe, Asia-Pacific and Rest of the world. Asia Pacific and North America region are the main regions contributing major share in global ethernet switch market. Asia Pacific dominated the ethernet switch market in past years in terms of revenue due to the growing IT and telecommunication industry. Furthermore, Asia Pacific is expected to be the fastest growing region for the ethernet switch market.
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The global ethernet switch market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World. These regions are further bifurcated into various countries including U.S., Canada, Mexico, UK, France, Germany, China, Japan and India.
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.
- Device manufacturers
- Network Operators
- Mobile manufacturer
- Government Agencies
- Security Agencies
- End-user sectors
- Communication operators
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