Network Switches Market Report: Trends, Forecast and Competitive Analysis to 2030

Network Switches Trends and Forecast

The future of the global network switches market looks promising with opportunities in the data center, cloud service providers, telecom service providers, large enterprise or private cloud, and non-data center markets. The global network switches market is expected to reach an estimated $46.3 billion by 2030 with a CAGR of 5.9% from 2024 to 2030. The major drivers for this market are growing expenditures for building data centers , expanding telecommunications and IT sectors, and networking devices are being adopted by SMEs more and more.

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Network Switches by Segment

The study includes a forecast for the global network switches by type, switching port, end use industry , and region.

Network Switches Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Fixed Configuration Switches
• Managed Switches
• Unmanaged Switches
• PoE Switches
• Modular Switches

Network Switches Market by Switching Port [Shipment Analysis by Value from 2018 to 2030]:

• 100 MBE & 1 GBE
• 2.5 GBE & 5 GBE
• 10 GBE
• 25 GBE & 50 GBE
• 100 GBE
• 200 GBE & 400 GBE

Network Switches Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Data Center
• Cloud Service Providers
• Telecom Service Providers
• Large Enterprise or Private Cloud
• Non-Data Center

Network Switches Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Network Switches Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies network switches companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the network switches companies profiled in this report include-

• Cisco Systems
• Huawei Technologies
• HPE Aruba
• Juniper Networks
• Arista Networks
• Netgear
• D-Link Corporation
• Extreme Networks
• Nvidia Corporation
• Trendnet

Network Switches Market Insights

Lucintel forecasts that managed switches is expected to witness highest growth over the forecast period.

Within this market, cloud service providers will remain the largest segment.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Network Switches Market

Market Size Estimates: Network switches market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Network switches market size by type, switching port, end use industry , and region in terms of value ($B).

Regional Analysis: Network switches market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, switching port, end use industry , and regions for the network switches market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the network switches market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the network switches market size?

Answer: The global network switches market is expected to reach an estimated$46.3 billion by 2030.

Q.2 What is the growth forecast for network switches market?

Answer: The global network switches market is expected to grow with a cagr of 5.9% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the network switches market?

Answer: The major drivers for this market are growing expenditures for building data centers , expanding telecommunications and IT sectors, and networking devices are being adopted by SMEs more and more.

Q4. What are the major segments for network switches market?

Answer: The future of the network switches market looks promising with opportunities in the data center, cloud service providers, telecom service providers, large enterprise or private cloud, and non-data center markets.

Q5. Who are the key network switches market companies?

Answer: Some of the key network switches companies are as follows.

• Cisco Systems
• Huawei Technologies
• HPE Aruba
• Juniper Networks
• Arista Networks
• NETGEAR
• D-Link Corporation
• Extreme Networks
• NVIDIA Corporation
• TRENDnet

Q6. Which network switches market segment will be the largest in future?

Answer: Lucintel forecasts that managed switches is expected to witness highest growth over the forecast period.

Q7. In network switches market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the network switches market by type (fixed configuration switches, managed switches, unmanaged switches, POE switches, and modular switches), switching port (100 MBE & 1 GBE, 2.5 GBE & 5 GBE, 10 GBE, 25 GBE & 50 GBE, 100 GBE, and 200 GBE & 400 GBE), end use industry (data center, cloud service providers, telecom service providers, large enterprise or private cloud, and non-data center), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?