Global Ethernet Switch Market Insights Forecasts to 2030

• The Ethernet Switch Market Size was valued at USD 15.8 billion in 2021.
• The Worldwide Market Share is growing at a CAGR of 7.1% from 2022 to 2030
• The Global Ethernet Switch Market Size is expected to reach USD 23.2 billion by 2030
• North America is expected to grow the fastest during the forecast period

The Global Ethernet Switch Market Size is expected to reach USD 23.2 billion by 2030, at a CAGR of 7.1% during the forecast period 2022 to 2030. The primary market factors accelerating market expansion are the expanding end user base and the Ethernet switch.

Market Overview

To expand a local area network, an Ethernet switch can join numerous devices and networks. On the other hand, routers allow several network devices to share a single IP address. An Ethernet switch's primary function is to establish a network, whereas a router's primary function is to allow connectivity among routers. One LAN port and one WAN port are on the router. Switches feature numerous ports that allow various LAN-connected devices to communicate. Personal computers and printers are some of these gadgets. PCs and other devices can connect to the Internet using routers.

Report Coverage

This research report categorizes the market for Ethernet Switch market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Ethernet Switch market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Ethernet Switch market.

Driving Factors

The expansion of the global Ethernet switch market is being driven by the increase in Gigabit Ethernet usage. The increased adoption of PoE for a variety of applications and the convergence of residential and business networks are projected to drive growth in the global Ethernet switch market. The global Ethernet switch market is experiencing tremendous growth due to the rising demand for devices with internet connectivity. Due to the rapid development of cloud networking and the growing use of virtualized technologies, the global market for Ethernet switches has expanded. The expansion of SMEs' commercial activities is considerably enhancing the global Ethernet switch market. SMEs are multiplying, and their market share far exceeds that of the top few firms in a nation. Additionally, Ethernet switches and routers are frequently used in collocation data centres for fast and flawless connection. These capabilities would be useful for a variety of verticals, such as small and medium-sized firms, healthcare organisations, consumer goods suppliers, the IT and telecom industry, online businesses (such e-commerce stores), educational institutions, and so on. The Ethernet switch market is progressing due to the rising number of end users.

Restraining Factors

High maintenance costs and the cost of addressing network connectivity issues. In the absence of trained repair workers or service, managing switches can be challenging. Because a significant part of consumers find these additional maintenance expenses intolerable, this has halted the growth of the Ethernet switch market. One cannot afford the costly routine maintenance of unmanaged Ethernet switches in underdeveloped nations.

Market Segmentation

• In 2021, the Fixed Configuration Ethernet Switches Segment holds the largest market share over the forecast period.

Based on the type, the global ethernet switch market is segmented into Modular Ethernet switches and Fixed Configuration Ethernet switches (Unmanaged Switches, Smart Switches and Managed L2 and L3 Switches). Among these, the fixed configuration ethernet switches segment holds the largest market share over the forecast period. Due to fierce competition, vendors are more focused on targeting this market with cost-effective and cutting-edge technology, which has a faster transmission speed of 10 Gbps at an affordable price. Growing the R&D department and government financing in a developed nation that has advanced development aids in the expansion of the Ethernet Switch Market.

• In 2021, the 1GbE segment is witnessing the fastest market growth over the forecast period.

On the basis of switching ports, the Ethernet Switch market is segmented into 100ME and 1GbE, 10GbE, 40GbE and 100GbE. Among these, the 1GbE segment is witnessing the fastest market growth over the forecast period. This is as a result of its extensive use and compatibility with several tools and programmes. All of these Ethernet Switch market growth aspects are favourable.

• In 2021, the Data Center segment is dominating the market with the largest market share over the forecast period.

Based on the end user, the global Ethernet Switch market is segmented into Data Center, Carrier Ethernet, Enterprise and campus. Among these, the data center segment is dominating the market with the largest market share. Due to its benefits and attributes, such as its ability to provide redundancy and flexibility for better use of IT assets, data centres can boost productivity by consolidating the data centre infrastructure. Additionally, data centres help strengthen security and energy efficiency; these aspects contribute to the growth of the data centre industry. Due to an increase in digit datacenters and a rise in cloud use, India's need for data centres is growing quickly. The increase in cloud adoption, data localisation, and adoption of cutting-edge technologies like 5G and IoT are driving demand for data centres in India.

Regional Segment Analysis of the Ethernet Switch Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific region accounted the significant market share over the forecast period.

The market for Ethernet switches is expanding significantly in the Asia Pacific area. A huge population and a quickly expanding economy in the area have increased demand for Ethernet switches to support the expansion of numerous businesses, including telecommunications, data centres, and cloud computing. The expansion of the Ethernet Switch market in the Asia Pacific region is also being aided by the government's investments in digital infrastructure and the rising use of technology by businesses and consumers.

Recent Developments

• In 2020, Huawei maintained a yearly income growth of 19.5%. This innovation increased their share of the global market for switches and switch ethernet connectors to 11.6%.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global Ethernet Switch market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Cisco Systems, Inc
• Huawei
• Hewlett-Packard
• Arista
• Juniper Networks
• H3C
• Brocade Communications Systems, Inc
• D-Link Corporation
• Allied Telesis
• Alcatel-Lucent
• TRENDnet
• Dell
• Moxa Inc.
• Black Box Network Services.
• Advantech Co., Ltd.
• Belden Inc
• Broadcom Inc.
• Intel Corp.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the global Ethernet Switch market based on the below-mentioned segments:

Ethernet Switch Market, By Type

• Modular Ethernet switches
• Fixed Configuration Ethernet switches (Unmanaged Switches, Smart Switches and Managed L2 and L3 Switches)

Ethernet Switch Market, By Switching Ports

• 100ME
• 1GbE
• 10GbE
• 40GbE and 100GbE

Ethernet Switch Market, By End User

• Data Center
• Carrier Ethernet
• Enterprise and campus

Ethernet Switch Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa