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Ethernet Switch Market is expected to reach USD 6.84 billion by 2023 with 4.07% of CAGR

Jan 03, 2018

Jan 03, 2018 (AB Digital via COMTEX News Network) -- 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 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.

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.

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Major Key Players

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

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

Regional Analysis

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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Intended Audience

  • Device manufacturers
  • Network Operators
  • Mobile manufacturer
  • Government Agencies
  • Security Agencies
  • End-user sectors
  • Communication operators
  • Defense

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Email: sales@marketresearchfuture.com

Media ContactCompany Name: Market Research FutureContact Person: Akash AnandEmail: akash.anand@marketresearchfuture.comPhone: +1 646 845 9312Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - City: PuneState: MaharashtraCountry: IndiaWebsite: https://www.marketresearchfuture.com/reports/ethernet-switch-market-4576

SOURCE: Comtex

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