Press release
Network Switches Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033
Network Switches Market
The Business Research Company offers in-depth market insights through Network Switches Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The network switches market size has grown strongly in recent years. It will grow from $33.9 billion in 2023 to $36.4 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to increased internet penetration, data center modernization, growth of cloud computing, demand for high-speed connectivity, globalization of businesses.
The network switches market size is expected to see strong growth in the next few years. It will grow to $48.64 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to edge computing adoption, increasing cybersecurity concerns, focus on network automation, smart city initiatives, energy efficiency and green networking. Major trends in the forecast period include intent-based networking, edge computing and iot integration, multi-gigabit ethernet for wireless access points, cloud-managed switches, open networking and white-box switches.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=12122&type=smp
Market Segmentation:
The network switches market covered in this report is segmented -
1) By Type: Fixed Configuration Switches, Managed Switches, Unmanaged Switches, PoE Switches, Modular Switches
2) By Switching Port: 100 MBE And 1 GBE, 2.5 GBE And 5 GBE, 10 GBE, 25 GBE And 50 GBE, 100 GBE, 200 GBE And 400 GBE
3) By End User: Telecommunication Providers, Servers And Storage Providers, Enterprise And Industrial Use
Major Driver - Rising Adoption Of Cloud Computing To Drive Market Growth
Adoption of cloud computing is expected to propel the growth of the network switch market going forward. Cloud computing encompasses the provision of computer services via the internet (commonly referred to as the cloud), encompassing servers, storage, databases, networking, software, analytics, and intelligence. The shift towards cloud-based infrastructure drives the demand for network switches with higher bandwidth and better management capabilities, as they are essential for establishing connectivity between cloud servers, storage systems, and end-users. For instance, in December 2021, according to Eurostat, a Europe-based intergovernmental organization, 41% of EU enterprises used cloud computing in 2021, primarily for hosting their e-mail systems and storing files in electronic form, an increase of 5% compared to 2020. Therefore, the adoption of cloud computing is driving the growth of the network switch market.
Competitive Landscape:
Major companies operating in the network switches market report are Dell Technologies Inc, Huawei Technologies Co., Intel Corporation, Cisco Systems Inc., Quanta Computer Incorporated, Broadcom Inc., Hewlett Packard Enterprise Development LP, Fujitsu Limited, NEC Corporation, ALE International SAS, ZTE Corporation, Microchip Technology Inc., Juniper Networks Inc., Super Micro Computer Inc., Fortinet Inc., Arista Networks Inc., Ciena Corporation, Avaya LLC, Advantech Co. Ltd., Ubiquiti Inc., Extreme Networks, Adtran Inc., Netgear Inc., D-Link Corporation, Belkin International Inc., Mellanox Technologies Ltd., Allied Telesis Inc., Ruckus Networks, PLANET Technology Corporation, Alaxala Networks Corp.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/network-switches-global-market-report
Top Trend - Product Innovations Transforming The Network Switches Market
Product innovations are a key trend gaining popularity in the network switch market. Major companies operating in the network switch market are using advanced technologies to sustain their position in the market. For instance, in January 2023, Rackus Networks, a US-based software development company, launched the ICX 8200 series, a new line of entry-level, scalable edge switches with 25 Gbps uplink ports. The first entry-level enterprise switch that offers fiber-to-the-room connectivity is part of this series. The ICX 8200 series is a wired platform created to support the next generation of wireless-first and IoT campus networks. It is optimized for the delivery of wireless services.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Network Switches Market Characteristics
3. Network Switches Market Trends And Strategies
4. Network Switches Market - Macro Economic Scenario
5. Network Switches Market Size And Growth
…..
27. Network Switches Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Network Switches Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033 here
News-ID: 3429725 • Views: …
More Releases from The Business research company
Aerospace And Defense Telemetry Market Size, Share, Growth, Latest Trends, Indus …
"The aerospace and defense telemetry market size has grown strongly in recent years. It will grow from $7.52 billion in 2023 to $8.17 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to geopolitical tensions, military modernization, rise in budget allocations, aircraft fleet expansion, rise in space exploration.
The aerospace and defense telemetry market size is expected…
Wireless POS Terminal Market Analysis With Key Players, Applications, Trends And …
The wireless pos terminal market size has grown rapidly in recent years. It will grow from $11.7 billion in 2023 to $13.14 billion in 2024 at a compound annual growth rate (CAGR) of 12.3%. The growth in the historic period can be attributed to increased adoption of mobile devices, rise in demand for cloud-based solutions, need for flexibility and mobility in payment transactions, rise in internet penetration, increasing…
2024 Walkie Talkie Market Size, Share, Growth, Latest Trends, Industry Analysis …
The walkie talkie market size has grown strongly in recent years. It will grow from $6.45 billion in 2023 to $7.05 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to industrial and commercial applications, public safety and emergency response, military and defense usage, outdoor and recreational activities, supply chain and logistics..
The walkie talkie market size…
Veterinary Infectious Disease Diagnostics Market Analysis With Key Players, Appl …
The veterinary infectious disease diagnostics market size has grown strongly in recent years. It will grow from $1.77 billion in 2023 to $1.95 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to increasing pet ownership, rising awareness, government initiatives.
The veterinary infectious disease diagnostics market size is expected to see strong growth in the next few…
More Releases for Network
Global Oilfield Communications Market Derived by Communication Network - VSAT Co …
“The increasing investments and enhancing network infrastructure, rising technological advancements for communication across oilfields, and increasing demand from oil and gas operators to scale the production of mature oilfields, are expected to act as growth drivers for the oilfield communications market.”
The global oilfield communications market size grew from USD 3.4 billion in 2020 to USD 4.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.5% during the…
Gaming Network Market to See Huge Growth by 202 | Game Loot Network, ZAM Network …
A new business intelligence report released by HTF MI with title "Global Gaming Network Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)" is designed covering micro level of analysis by manufacturers and key business segments. The Global Gaming Network Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research…
Insight into Gaming Network Market to 2025 - Xiled Gaming Network, Game Loot Net …
The updated research report on "Gaming Network Market" presents crucial information like market share, size, and growth rate. It offers insights on the driving factors, hampering aspects, challenges, opportunities, and trends including details on market segments and sub-segments.
Based on the Gaming Network industrial chain, this report mainly elaborates the definition, types, applications and major players of Gaming Network market in details. Deep analysis about market status (2015-2020), enterprise competition pattern,…
Numerous Applications in Gaming Network Market Growth and Forecast with Top Key …
Gaming Network is one of the world's leading games media businesses. With a strong focus on editorial quality and community, our network of award-winning websites, video and social channels reaches over 50 million gamers every month. Our market-leading events attract over 100,000 visitors each year.
This report on Gaming Network market delivers detailed analysis on the main challenges and growth prospects in the market. This research study is anticipated to…
Water Network Management, Water Network Management trends, Water Network Managem …
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management will…
Hiring Network Monitoring Service Vs Network Monitoring Tools
An organization might have a stable business or is on the growth path, it is absolutely normal to have a dilemma over choosing in between hiring a network monitoring service or install a few tools for network monitoring. While your business is picking up speed with improving cyber and network technology, there is no way you can ignore the strength of network monitoring service or tools for a smooth functioning…
