Ethernet Switch Market: 2018 Global Opportunities, Size, Share, Key Players, Competitive Analysis And Regional Forecast To 2023 | Analysis of COVID-19

Market Highlights

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 increase in internet users across the world is observed to the primary cause for the Ethernet switch market, reveals Market Research Future (MRFR) in its latest “Ethernet Switch Market” report. MRFR states that the global Ethernet switch market is expected achieve a valuation of USD 2 Bn at 14% CAGR through the assessment period (2016 to 2023). Ethernet switch offers better connectivity to PCs, servers, and routers. The simplified connectivity advantage of Ethernet switch can promote the market growth. Other advantages, such as better network performance, direct connection to workstations, and few frame collisions are anticipated to favor the market.

Also Read: http://www.marketwatch.com/story/ethernet-switch-market-is-growing-rapidly-due-to-booming-telecommunication-and-it-industry-2020-02-24

Regional Outlook

The global ethernet switch market is expected to grow significantly over the forecast period, 2017-2023. Ethernet switch segment market globally drives the market majorly due to growing industries like automotive, healthcare, telecommunication and IT among others. Due to technological advancement, increasing number of data centers that are managed by cloud solution providers. The demand of ethernet switch is increasing from telecommunication service providers coupled with increasing penetration of internet is expected to drive the ethernet switch market at fast pace.

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 are 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.)

Key Players

MRFR profiled key players of the Ethernet switch market. They are; Huawei, Hewlett-Packard, Cisco Systems, Inc., Juniper Networks, Arista, Brocade Communications Systems, Inc., H3C, Allied Telesis, Inc., D-Link Corporation, TRENDnet, Inc., Alcatel-Lucent, Dell and others.

The growing competition among suppliers of Ethernet switch can favor the market to generate substantial revenue. The establishment of domestic and international brands and new entrants are influencing the competitive landscape of the Ethernet switch. Key players are investing in innovations and via strategic mergers and acquisitions, are likely to improve their position in the market. High investments in exploration and development activities and the growing need for diversified, cost-effective product portfolio can benefit the global market of Ethernet switch.

Segmentation:

The study of the global Ethernet switch market trends is based on switching ports, product type, and end-user. By product type, the market segments are fixed configuration Ethernet switches and modular Ethernet switches. The fixed configuration Ethernet switches segment includes smart switches, unmanaged switches, and managed L2 and L3 switches. The switching ports-based segments of the Ethernet switch market are 10GbE, 100ME, 1GbE, 100GbE, and 40GbE. The end-user segments of the Ethernet switch market are Data center, Carrier Ethernet, campus, and enterprise. The rise in data center count due to increase in the generation of online data can spur the expansion of the global Ethernet switch market. The rise in need for preventing data congestion over an existing network can boost the Ethernet switch market growth.