Global Ethernet Switch and Router Market 2024-2028

Global Ethernet Switch And Router Market 2024-2028

The ethernet switch and router market is forecasted to grow by USD 8.84 bn during 2023-2028, accelerating at a CAGR of 3.74% during the forecast period. The report on the ethernet switch and router market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for colocation data centers among SMEs, growing adoption of m2m communication, and increased adoption of cloud-based services.

Technavio's ethernet switch and router market is segmented as below:

By Product

• Ethernet switches
• Routers

By Application

• Data centers
• Carrier ethernet
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the adoption of open ethernet switches as one of the prime reasons driving the ethernet switch and router market growth during the next few years. Also, the growing adoption of software-defined data centers and the advent of ethernet with time-sensitive networking will lead to sizable demand in the market.

The report on the ethernet switch and router market covers the following areas:

• Ethernet switch and router market sizing
• Ethernet switch and router market forecast
• Ethernet switch and router market industry analysis

The robust vendor analysis is designed to help clients improve their market position. In line with this, this report provides a detailed analysis of several leading ethernet switch and router market vendors that include Adtran Holdings Inc., Arista Networks Inc., Broadcom Inc., Cisco Systems Inc., D Link Corp., Dell Technologies Inc., Extreme Networks Inc., Hewlett Packard Enterprise Co., HP Inc., Huawei Technologies Co. Ltd., Intel Corp., Juniper Networks Inc., Netgear Inc., New H3C Technologies Co. Ltd., Nokia Corp., Telefonaktiebolaget LM Ericsson, Tellabs Access LLC, TP Link Corp. Ltd., TRENDnet Inc., and ZTE Corp.. Also, the ethernet switch and router market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.