Ethernet Switch Market Sizing, Forecast, Drivers, Challenges, and Competitive Landscape 2021 - 2031

Ethernet switch is a type of network switch that connects a computer to all computer network devices. It reduces complexity and provides flexibility in handling computer or data center networking hence, fuels the application of ethernet switches on a wider scale. It is a multiport switch that monitors traffic related errors and diagnosis them. It keeps a track of the functioning of ports and quality of signals. In smart grid, ethernet switch plays a vital role in substation automation, by switching to an ethernet-based network, minimizing expense and difficulty of cabling between devices of transmission & distribution substations.

Ethernet Switch Market Statistics 2031: The global ethernet switch market was valued at $17.2 billion in 2021, and is projected to reach $26.1 billion by 2031, growing at a CAGR of 4.4% from 2022 to 2031.

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Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis of the Global Ethernet Switch Market

Owing to functions such as faster exchange of data and automation of ethernet switches, they are widely used in smart grid, intelligent rail & traffic, and security & surveillance, which leads to growth in the market. Increase in customer demands for faster data services and data center dependency of organizations has also led to growth in the global ethernet switch market. Growth in IT & telecommunication industry equipped with cloud services have driven market growth globally.

The global ethernet switch market trends are as follows:

Asia Pacific is anticipated to be the fastest growing market for ethernet switches

Owing to the increase in number of data centers and utilization of big data analytics and cloud-based services in various end-user segments in the Asia-Pacific region, the market is estimated to acquire largest share in the ethernet switch market, with major countries being China, Japan, and India.

Rise in efficiency of transmission 

Increase in transmission efficiency and effectiveness is a major factor that drives the global demand for ethernet switches. Using ethernet switches help increase overall efficiency by providing communication through a dedicated wire that has a single transmitter in a collision domain. Reduction in use of broadcast domains is another major factor with a positive effect on the global demand for ethernet switches. In addition, use of ethernet switches offers configuration changes along with speed adjustments, which further contributes to rise in demand for the market. Moreover, growth of IoT (Internet of Things) and rise in use of ethernet in process automation field also drive global ethernet switch market.

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Ethernet Switch Market Report Highlights

Market Size By 2031: USD 26.1 billion

Growth Rate: CAGR of 4.4%

Forecast period: 2021 - 2031

Report Pages: 318

By Type

• Modular Ethernet Switches

• Fixed Configuration Ethernet Switches

By Configuration

• Unmanaged

• Smart

• Managed L2

• Managed L3

• Divided

By Speed

• 1G

• 10 G

• 25 G

• 40 G

• 100 G

• Others

By Region

• North America (U.S., Canada, Mexico)

• Europe (UK, Germany, France, Italy, Spain, Nordic, Russia, Poland, Benelux, Rest Of Europe)

• Asia-Pacific (China, Japan, India, South Korea, Rest Of Asia-Pacific)

• LAMEA (Latin America, Middle East, Africa)

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Key Market Players

Moxa Inc., Alcatel-Lucent Enterprise International, Dell Inc., H3C Technologies Co., Ltd, Black Box, Advantech Co., Ltd., Allied Telesis, Inc. , Broadcom Inc., Cisco Systems Inc., Intel Corporation, Belden Inc., Arista Networks, Inc., Siemens AG, Juniper Networks, Huawei Technologies Co., Ltd., Hewlett Packard Enterprise, TRENDnet, Inc.

Key benefits of the Ethernet Switch Market report:

• This study presents analytical depiction of the global ethernet switch industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global ethernet switch market share.
• The current market is quantitatively analyzed from 2021 to 2031 to highlight the market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed global market analysis based on competitive intensity and how the competition will take shape in coming years. 

COVID-19 scenario Analysis for Ethernet Switch Market

Due to the logistics slowdown and unavailability of workforce across the globe, there has been a halt in production of ethernet switches.

Cisco is constantly monitoring its supply chain for problems that may impact its operations, working closely with its suppliers to identify and mitigate possible consequences. It has well defined mechanisms for managing its activities through outbreaks such as COVID-19, including its Global Business Resilience (GBR) and Mechanisms for Supply Chain Incident Management (SCIM). Restrictions have been imposed on businesses in some countries, but exemptions have been granted to Cisco along with its partner manufacturers for some critical business work, which has allowed Cisco to continue operating with available capacity.

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