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
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