The global ethernet switch market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The ethernet switch market is highly competitive due to the presence of several large vendors. The competition among the vendors will intensify due to the increase in product extensions and various above-mentioned factors.

The increase in internet users across the world is observed to the primary cause for the Ethernet switch market, reveals Market Research Future (MRFR) in its latest “Ethernet Switch Market” report. MRFR states that the global Ethernet switch market is expected achieve a valuation of USD 2 Bn at 14% CAGR through the assessment period (2016 to 2023). Ethernet switch offers better connectivity to PCs, servers, and routers. The simplified connectivity advantage of Ethernet switch can promote the market growth. Other advantages, such as better network performance, direct connection to workstations, and few frame collisions are anticipated to favor the market.

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Regional Outlook

The global ethernet switch market is expected to grow significantly over the forecast period, 2017-2023. Ethernet switch segment market globally drives the market majorly due to growing industries like automotive, healthcare, telecommunication and IT among others. Due to technological advancement, increasing number of data centers that are managed by cloud solution providers. The demand of ethernet switch is increasing from telecommunication service providers coupled with increasing penetration of internet is expected to drive the ethernet switch market at fast pace.

The global ethernet switch market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World. These regions are further bifurcated into various countries including U.S., Canada, Mexico, UK, France, Germany, China, Japan and India.

Segmentation:

The study of the global [FURL=https://www.marketresearchfuture.com/reports/ethernet-switch-market-4576/]ethernet switch market trends[/FURL] is based on switching ports, product type, and end-user. By product type, the market segments are fixed configuration Ethernet switches and modular Ethernet switches. The fixed configuration Ethernet switches segment includes smart switches, unmanaged switches, and managed L2 and L3 switches. The switching ports-based segments of the Ethernet switch market are 10GbE, 100ME, 1GbE, 100GbE, and 40GbE. The end-user segments of the Ethernet switch market are Data center, Carrier Ethernet, campus, and enterprise. The rise in data center count due to increase in the generation of online data can spur the expansion of the global Ethernet switch market. The rise in need for preventing data congestion over an existing network can boost the Ethernet switch market growth.