Ethernet Switches and Routers Market, By Product Type (Ethernet Switches, and Routers), By End Use Industry (IT and Telecommunications, Manufacturing, BFSI, Healthcare, Education, Government and Defense, Retail, and Others), By Geography (North America, L

Ethernet Switches and Routers Market, By Product Type (Ethernet Switches, and Routers), By End Use Industry (IT and Telecommunications, Manufacturing, BFSI, Healthcare, Education, Government and Defense, Retail, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Global ethernet switches and routers market size is estimated to be valued at US$ 18.26 Billion in 2023 and is projected to reach US$ 30.29 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030.

Figure 1. Global Ethernet Switches and Routers Market Share (%), By Region, 2023

There are many different types of ethernet switches and routers, with each of them offering its own unique set of features. Ethernet switches are devices that connect multiple wired devices to a local area network (LAN). They provide a faster connection than a hub and ensure each device receives the correct data packet from the network, thus preventing lag and lost connections. It is also important to note that an ethernet switch and router is not the same thing. A hub is a simpler device that can only transmit frames to the same ports, while an ethernet switch has many more advanced functions and is used to connect multiple computers in the same local area network (LAN).

Market Dynamics:

Increasing demand for data center services from Small & Medium Enterprises (SME)s is likely to boost growth of the global ethernet switches and routers market over the forecast period.

However, interoperability issues are a challenge for this market’s growth. Moreover, the construction of a network is complex, which hampers growth of the global ethernet switches and routers market in some regions.

Key features of the study:

• This report provides in-depth analysis of the global ethernet switches and routers market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global ethernet switches and routers market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include global ethernet switches and routers market are Cisco Systems, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., Arista Networks, Inc., Hewlett Packard Enterprise (HPE) 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 (now part of NVIDIA Corporation), H3C Technologies Co., Limited, Nokia Corporation, Arista Networks, Inc., MikroTikls SIA, NEC Corporation, and Ubiquiti Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global ethernet switches and routers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ethernet switches and routers market.

Detailed Segmentation:

• Global Ethernet Switches Market ad Routers Market, By Product Type:
• Ethernet Switches
• Unmanaged Switches
• Managed Switches
• Smart Switches
• PoE Switches (Power over Ethernet)
• Industrial Ethernet Switches
• Others
• Routers
• Wired Routers
• Wireless Routers
• Core Routers
• Edge Routers
• Virtual Routers
• Global Ethernet Switches Market ad Routers Market, By End-Use Industry:
• IT and Telecommunications
• Manufacturing
• BFSI (Banking, Financial Services, and Insurance)
• Healthcare
• Education
• Government and Defense
• Retail
• Others
• Global Ethernet Switches Market ad Routers Market, By Regions:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East
• Africa
• Top Companies in the Global Ethernet Switches and Routers Market:
• Cisco Systems, Inc.
• Huawei Technologies Co., Ltd.
• Juniper Networks, Inc.
• Arista Networks, Inc.
• Hewlett Packard Enterprise (HPE) 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 (now part of NVIDIA Corporation)
• H3C Technologies Co., Limited
• Nokia Corporation
• Arista Networks, Inc.
• MikroTikls SIA
• NEC Corporation
• Ubiquiti Inc.