Network Switches Market by Type, Network Architecture, Functionality, Data Speed, End-User

List of Tables

[199 Pages Report] The Network Switches Market size was estimated at USD 33.56 billion in 2023 and expected to reach USD 35.55 billion in 2024, at a CAGR 6.43% to reach USD 51.93 billion by 2030.

Network switches act as the control center that directs data, in terms of packets, to specific areas within a network. They operate at the data link layer, also known as Layer 2, of the open systems interconnection (OSI) model. These devices receive incoming data from multiple inputs and precisely allocate the data to the appropriate output port, thus ensuring effective communication between different devices within the network. The bring your own device (BYOD) in several corporate sectors has instigated unprecedented data traffic, propelling the demand for enhanced network switches. However, the high installation and maintenance costs and data security issues can impede the growth of the network switches market. Nevertheless, the expanding application of network switches in industrial infrastructures, such as smart grid, intelligent rail, security, surveillance, and other utilities with evolving 5G technology, further offers a promising potential for advancing network switches.

KEY MARKET STATISTICS
Base Year [2023]	USD 33.56 billion
Estimated Year [2024]	USD 35.55 billion
Forecast Year [2030]	USD 51.93 billion
CAGR (%)	6.43%

Type: Significant demand for smart network switches

Fixed Configuration Switches are designed with a specified number of ports and are not expandable. This makes them an appropriate choice for businesses or environments where network requirements are well-defined. These switches come in various models, including unmanaged, managed, and smart switches, to cater to different levels and complexities of network management tasks. Managed Switches offer comprehensive control over network traffic and administration. They allow network administrators to proactively configure, manage, and monitor LAN traffic, delivering enhanced performance and network security. Managed switches support various features such as VLANs, SNMP monitoring, link aggregation, and quality of service (QoS) settings, making them ideal for enterprise-level networks where customization and scalability are pivotal. Smart Switches, also known as intelligent switches, balance unmanaged and managed switches by offering certain features of managed switches without their complexity. These switches are more accessible to deploy than fully managed ones and provide features such as Quality of Service (QoS), VLANs, and essential security functions, making them suitable for small to medium-sized business networks requiring limited management capabilities with some flexibility. Unmanaged Switches are known for simplicity, require no configuration, and begin to operate as soon as they are connected. They generally have a smaller number of ports and are used for small networks where there is minimal need for intricate network configurations or traffic management. Modular Switches offer high flexibility and scalability. These come with expansion slots that allow network administrators to add or interchange modules to meet the evolving demands of a network. This feature makes modular switches highly adaptable and ideal for large enterprise networks that expect to scale or require the capability to support different media types and connectivity speeds.

Network Architecture: Increasing penetration of hybrid ports

An Access Port is a switch port that connects end devices, such as workstations, printers, and phones, to the network. This type of port is configured to carry traffic for a single VLAN. The device, when connected to an Access Port, t sends and receives data frames associated with one specific VLAN, ensuring that the device can only communicate with other devices on the same VLAN, providing a simple form of network segmentation and security. A Hybrid Port on a network switch is more versatile than an Access Port and can carry multiple VLANs. It differs from the Trunk Port in that it allows for untagged or VLAN-tagged traffic. Designed to connect network devices that need to receive both untagged traffic and traffic that is already tagged from multiple VLANs, it fits scenarios where the connected device can manage traffic from different VLANs and must be part of one main VLAN without tags. This makes Hybrid Ports ideal for connecting devices such as VoIP phones or network cameras that can process VLAN-tagged packets and need an untagged (native) VLAN to boot up or for other operational tasks. A Trunk Port is used in network architecture to handle multiple VLANs across a single switch port. It is configured between switches or between a switch and a server or a router. Unlike Access Ports, Trunk Ports allow packets from various VLANs to traverse by adding tags, specifically, an additional header containing VLAN identification called a tag (except the native VLAN). This facilitates the segregation and transportation of traffic from multiple VLANs, which is essential for maintaining VLAN separations throughout the network. Trunk Ports are critical for creating a scalable and efficient network infrastructure, as they prevent the need for multiple single VLAN links between devices, which can be overly complex and inefficient.

Functionality: Emerging deployment of Power over Ethernet (PoE) Port

A combo port is a versatile interface on network switches that provides the flexibility of using either a copper or a fiber Ethernet connection. A combo port includes one RJ45 socket and one Small Form-factor pluggable (SFP) socket within the same switch port grouping. The main advantage of the combo port is its capability to accommodate different medium types as needed, easing network design and expansion. By selecting a copper or fiber connection via the switch software, network administrators can seamlessly integrate various network segments requiring different cable types due to distance or signal integrity considerations. Power over Ethernet (PoE) ports on network switches enable power delivery and network connectivity through a single Ethernet cable. PoE is beneficial for devices such as VoIP phones, wireless access points, surveillance cameras, and other IoT devices where conventional power sources are unavailable or difficult to install. A PoE-supporting network switch can eliminate the need for additional power adapters and facilitate centralized power management, which is particularly useful for devices deployed in hard-to-reach locations. A stack port on a network switch is part of an architecture that allows multiple switches to be interconnected and managed as a single entity, often called stackable switches. Individual switches can be stacked through specialized stacking cables and dedicated stack ports to consolidate network management, simplify the setup, and enhance resilience. This approach to networking ensures scalable growth since it allows adding additional units to the stack to expand network capacity without the complexity of managing multiple independent switches.

End-User: Proliferating use by the telecommunication providers

Integrating network switches in enterprise and industrial environments is critical for ensuring efficient data flow, high-speed connectivity, and reliable network performance. Enterprises across various sectors, including finance, healthcare, retail, and manufacturing, rely on advanced network switching solutions to support their complex operational requirements. Industrial-grade switches, specifically for harsh environments, offer rugged features to withstand extreme temperatures, vibrations, and other industrial conditions. Network switches in these settings enable resource sharing, enhance communication systems, optimize data center functions, and support the Internet of Things (IoT) infrastructure. Servers and storage providers are pivotal users of network switches, utilizing these devices to manage data traffic efficiently between storage systems, servers, and end-user clients. High-performance networking in this sector is imperative due to the large volumes of data handled and the need for fast data retrieval and storage capabilities. Network switches here are selected based on their ability to offer high data transfer rates, low latency, and advanced features such as Quality of Service (QoS), which allocates bandwidth for critical operations. Telecommunication providers are one of the primary consumers of network switches, deploying them extensively to support their vast and complex network infrastructures. These switches are vital in managing traffic and ensuring reliable service delivery across various communication channels, including broadband access, mobile networks, and VoIP services. The need for high-capacity backhaul to support increasing data usage and services, including 5G networks, further propels the adoption of advanced network switching technologies. The telecommunication segment seeks switches that provide high resilience, support for multiple services, and features that facilitate easy network management and automation, which are critical for maintaining optimal network performance and customer satisfaction.

Regional Insights

The American market showcases the high demand for network switches due to advanced IT infrastructure and well-established sectors, including telecommunications and banking, financial services, and insurance (BFSI). In addition, the focus on high-speed networking solutions to support the growing demand for data centers and cloud-based services is another facet driving the network switches market in the Americas. The EMEA region, including the European Union countries, the Middle East, and Africa, has stringent regulations and environmental consciousness; therefore, there is increased emphasis on energy-efficient and scalable network solutions. On the other hand, Middle Eastern countries investing in smart city projects, expansion of business operations by multinational companies, and an increasing number of data centers contribute to the growth of the network switches market. In Asia-Pacific, market growth is fueled by increased investments in telecommunication infrastructure, a burgeoning IT sector, and the rising proliferation of connected devices. The region's manufacturing and service industries are undergoing a digital transformation, demanding more effective and efficient network systems and components such as network switches.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Network Switches Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Network Switches Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Network Switches Market, highlighting leading vendors and their innovative profiles. These include ALE International, Allied Telesis, Inc., ANTAIRA TECHNOLOGIES, LLC, Arista Networks, Inc., Axis Communications AB, B & H Foto & Electronics Corp, Beijer Electronics, Inc., Broadcom Inc., Buffalo Americas, Inc., Cisco Systems, Inc., Comark Technology Co.,Ltd., CommScope, Inc., D-Link Systems, Inc., Dell Inc., Emerson Electric Co., EnGenius Technologies, Inc., Extreme Networks, Inc., Fortinet, Inc., FS.com GmbH, FS.com Inc., Fujitsu Limited, Grandstream Networks, Inc., Hewlett Packard Enterprise Development LP, Honeywell International Inc., Huawei Technologies Co., Ltd., IP Infusion, Juniper Networks, Inc., Lantronix, Inc., Larch Networks Ltd., LINKOH, Linksys Holdings, Inc., Lubi Electronics, Micro Electronics, Inc., Monoprice, Inc., NEC Corporation, NETGEAR Inc., Newegg Inc., NVIDIA Corporation, Omnitron Systems Technology, Inc., Perle, Pica8, Inc., Planet Technology, QNAP Systems, Inc., SALZ Automation GmbH, SonicWall, Inc., STORDIS GmbH, TITAN Commerce Continental Services GmbH, TRENDnet, Inc., VVDN Technologies, and Whaley Communications.

Market Segmentation & Coverage

This research report categorizes the Network Switches Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Fixed Configuration Switches
  - Managed Switches
  - Smart Switches
  - Unmanaged Switches

Modular Switches

Network Architecture
- Access Port
- Hybrid Port
- Trunk Port

Functionality
- Combo Port
- Power over Ethernet (PoE) Port
- Stack Port

Data Speed
- 10 GbE
- 100 GbE
- 100 MbE & 1 GbE
- 2.5 GbE & 5 GbE
- 200 GbE & 400 GbE
- 25 GbE & 50 GbE

End-User
- Enterprise & Industrial Use
- Servers & Storage Providers
- Telecommunication Providers

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Network Switches Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Network Switches Market?

3. What are the technology trends and regulatory frameworks in the Network Switches Market?

4. What is the market share of the leading vendors in the Network Switches Market?

5. Which modes and strategic moves are suitable for entering the Network Switches Market?

Product Code: MRR-E0462696EB57

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rise in internet penetration and high requirement for efficient management of telecom services
  - 5.1.1.2. Augmented demand for cloud & edge computing services across developed and emerging economies
  - 5.1.1.3. Increasing number of data centers operated by telecommunication service providers, cloud-based solution providers, and government agencies
- 5.1.2. Restraints
  - 5.1.2.1. Bandwidth fluctuation and device compatibility issues associated with the network switches
- 5.1.3. Opportunities
  - 5.1.3.1. Growing application of network switch in industrial infrastructures, such as smart grid, intelligent rail & traffic, security & surveillance, and other utilities
  - 5.1.3.2. Continuous development in network switches to ensure network security, agility, and automation
- 5.1.4. Challenges
  - 5.1.4.1. Presence of self-reliant enhanced data servers to easily access the data
5.2. Market Segmentation Analysis
- 5.2.1. Type: Significant demand for smart network switches
- 5.2.2. Network Architecture: Increasing penetration of hybrid ports
- 5.2.3. Functionality: Emerging deployment of Power over Ethernet (PoE) Port
- 5.2.4. End-User: Proliferating use by the telecommunication providers
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Network Switches Market, by Type

6.1. Introduction
6.2. Fixed Configuration Switches
6.3. Modular Switches

7. Network Switches Market, by Network Architecture

7.1. Introduction
7.2. Access Port
7.3. Hybrid Port
7.4. Trunk Port

8. Network Switches Market, by Functionality

8.1. Introduction
8.2. Combo Port
8.3. Power over Ethernet (PoE) Port
8.4. Stack Port

9. Network Switches Market, by Data Speed

9.1. Introduction
9.2. 10 GbE
9.3. 100 GbE
9.4. 100 MbE & 1 GbE
9.5. 2.5 GbE & 5 GbE
9.6. 200 GbE & 400 GbE
9.7. 25 GbE & 50 GbE

10. Network Switches Market, by End-User

10.1. Introduction
10.2. Enterprise & Industrial Use
10.3. Servers & Storage Providers
10.4. Telecommunication Providers

11. Americas Network Switches Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Airtel to Deploy Nokia's OTN Switches in Pan-India Long-Distance Network Connecting Major Cities
- 14.3.2. Edgecore Networks Introduces New Switches with Cutting-Edge Connectivity for Powering Smart Buildings and IoT-enabled Venues
- 14.3.3. Broadcom Jericho3-AI Ethernet Switch Launched
14.4. Strategy Analysis & Recommendation

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio