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Ethernet Switches Powering The Growth Of The Global Ethernet Switches And Routers Market

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Pooja Khodke
Ethernet Switches Powering The Growth Of The Global Ethernet Switches And Routers Market

The global Ethernet Switches And Routers Market is estimated to be valued at Us$ 18.26 Bn in 2023 and is expected to exhibit a CAGR Of 7.5% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.

Ethernet switches are an integral component of networking that connects computing devices to wired or wireless networks at data rates of 10 Gbps or more. They allow for faster and more reliable data transfer. As a result, an increasing number of enterprises and data centers are adopting Ethernet switches to support the growing demand for bandwidth and facilitate the implementation of Industry 4.0 technologies.

Market Overview:


Ethernet switches and routers provide connectivity within local area networks (LANs). They allow multiple devices to be connected and facilitate communication between endpoints using Internet protocol (IP). Ethernet switches are used to connect multiple devices on a single ethernet network to enhance throughput, whereas routers are used to connect multiple networks and transfer information between them.

Market key trends:


One of the key trends in the ethernet switches and routers market is the growing adoption of ethernet switches that support faster speeds of 25Gbps, 40Gbps and 100Gbps. This is attributed to the exponential growth of bandwidth-intensive applications like video streaming, IoT, AI and big data analytics. Switching chips integrated with advanced technologies like structured ASICs, network processors and FPGAs are enabling higher performance at lower costs. Additionally, with increased focus on scalability and flexibility, switch architecture is evolving from fixed port configurations to modular designs. This allows incremental capacity upgrades as needed.

Segment Analysis

The global Ethernet switches and routers market is segmented by type, end user, enterprise size, and geography. By type, the market is classified into Ethernet switches and routers. Ethernet switches dominate the global market as they are widely used for local area connectivity within enterprises, data centers, and carrier Ethernet networks. Ethernet switches provide higher port density and performance as compared to routers.

Key Takeaways

The Global Ethernet Switches And Routers Market Size is expected to witness high growth, exhibiting a CAGR of 7.5% over the forecast period, due to increasing digitization initiatives across industries.

Regionally, Asia Pacific is expected to grow at the highest CAGR during the forecast period. This is attributed to growing infrastructure development and increasing deployment of high-speed connectivity solutions across China, India, and other developing nations in Asia Pacific.

Key players operating in the Ethernet switches and routers market are Cisco Systems, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., Arista Networks, Inc., Hewlett Packard Enterprise, Company, Dell Technologies Inc., Extreme Networks, Inc., NETGEAR, Inc., ZTE Corporation, D-Link Corporation, TP-Link Technologies Co., Ltd., Allied Telesis Holdings K.K., Fortinet, Inc., Mellanox Technologies ,H3C Technologies Co., Limited, Nokia Corporation, Arista Networks, Inc., MikroTikls SIA, NEC Corporation, Ubiquiti Inc. The market is characterized by the growing popularity of high-speed connectivity solutions and consolidation among incumbents.



Read More :  https://www.insightprobing.com/increasing-demand-for-cloud-computing-to-fuel-growth-of-the-ethernet-switches-and-routers-market/

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Pooja Khodke
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