Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Wednesday, December 6, 2023

Global Network Switches Market is Anticipated to Grow at a CAGR of 5.9% during 2024 to 2030

The future of the global network switches market looks promising with opportunities in the data center, cloud service providers, telecom service providers, large enterprise or private cloud, and non-data center markets. The global network switches market is expected to reach an estimated $46.3 billion by 2030 with a CAGR of 5.9% from 2024 to 2030. The major drivers for this market are growing expenditures for building data centers, expanding telecommunications and IT sectors, and networking devices are being adopted by SMEs more and more.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the network switches market by type (fixed configuration switches, managed switches, unmanaged switches, POE switches, and modular switches), switching port (100 MBE & 1 GBE, 2.5 GBE & 5 GBE, 10 GBE, 25 GBE & 50 GBE, 100 GBE, and 200 GBE & 400 GBE), end use industry  (data center, cloud service providers, telecom service providers, large enterprise or private cloud, and non-data center), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, fixed configuration switches, managed switches, unmanaged switches, PoE switches, and modular switches are the major segments of network switches market by type.

Lucintel forecasts that managed switches is expected to witness highest growth over the forecast period.

Within this market, cloud service providers will remain the largest segment.

APAC is expected to witness highest growth over the forecast period.

Cisco Systems, Huawei Technologies, HPE Aruba, Juniper Networks, Arista Networks, NETGEAR, D-Link Corporation, Extreme Networks, NVIDIA Corporation, TRENDnet are the major suppliers in the network switches market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

Explore Our Latest Publications

Automation Testing Market

EdTech and Smart Classrooms Market

Enterprise Video Market

Integrated Cloud Management Platform Market

Open Radio Access Network Market

Routing Market

No comments:

Post a Comment