The Ethernet Switch Global Market Report 2023 by The Business Research Company, provides ethernet switch market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Ethernet Switch Global Market Report 2023, the global ethernet switch market size is expected to grow from $5.03 billion in 2022 to $5.31 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global ethernet switch market size is expected to grow to $6.54 billion in 2027 at a CAGR of 5.4%.
The surge in demand for high-speed internet facilities is expected to propel the growth of the ethernet switch market going forward. High-speed internet is defined as a connection to the internet with a minimum download speed of 25 Mbps and a maximum bandwidth of 1,024 kbps in both the upstream and downstream directions. Ethernet switches aid in boosting the network’s dependability and boosting data rates up to about 1,000 Mbps.
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The ethernet switch market is segmented:
1) By Product: Modular Ethernet Switches, Fixed Configuration Ethernet Switches
2) By Switching Ports: 100ME, 1GbE, 10GbE, 40GbE, 100GbE
3) By Application: Residential Use, Office or Commercial Use, Industrial Use, Other Applications
4) By End-User: Carrier Ethernet, Data Center, Enterprise and Campus
Technological advancements have emerged as a major trend gaining popularity in the ethernet switch market. Major companies operating in the ethernet switch market are developing technologically advanced products to strengthen their position in the market.
Top Major Players
Cisco Systems Inc.,
Arista Networks,
Hewlett Packard Enterprise,
Huawei Technologies Co. Ltd.,
Juniper Networks Inc.
The ethernet switch market report table of contents includes:
………..
List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Ethernet Switch Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Ethernet Switch Market, Segmentation By Switching Ports, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Ethernet Switch Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
……..
Table 47: Cisco Systems Inc. Financial Performance
Table 48: Arista Networks Financial Performance
Table 49: Hewlett Packard Enterprise Financial Performance
Table 50: Huawei Technologies Co. Ltd. Financial Performance
Table 51: Juniper Networks Inc. Financial Performance
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