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The latest report by IMARC, titled “ DataCenterSwitchMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandForecast20 23-2028
” the global data center switch market size reached US$ 15.7 Billion in 2022.
A data center switch refers to a multiport network bridge that connects servers and multiple storage and network devices within a data center. Its primary facilitates communication between these devices by receiving, processing, and routing data packets between them. In addition to this, it helps enhance security, simplify operations, automate processes, and manage application traffic flows in the cloud network.
A data center switch is designed to provide high performance, low latency, and superior reliability to support various requirements of modern data center applications. It comes in multiple sizes and types and is extensively employed in data centers across large enterprises and cloud providers that depend on virtualization.
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The rising demand for high-performance and scalable data center switches in data centers is primarily driving the market growth. Besides this, the escalating demand for simplified data center management and automation across various industrial verticals is presenting remunerative growth opportunities for the market. Moreover, the rapid proliferation of connected devices, internet multimedia content, and web applications, the increasing demand for high-speed data connectivity, and the expanding adoption of cloud computing are fuelling the need for data centers and associated switches. In line with this, the surge in cloud and data traffic moving from and within data centers and the exponentially growing demand for data are prompting cloud vendors to invest extensively in numerous data center projects, which, in turn, is propelling the market growth.
In addition to this, favorable initiatives and investments by governments of various countries to localize data centers and develop green data centers are acting as significant growth-inducing factors. Furthermore, the introduction of innovative data center switches integrated with advanced technologies, such as artificial intelligence (AI), emerging trends of bare-metal switches, and ongoing advancements in edge computing are aiding in market expansion. Looking forward, the market value is projected to reach US$ 21.4 Billion by 2028, expanding at a CAGR of 4.9% during 20232028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
MarketSummary:
BreakupbyType:
• Core Switches
• Distribution Switches
• Access Switches
BreakupbyBandwidth:
• < 1 Gbps
• >1 Gbps to <10 Gbps
• >10 Gbps to <40 Gbps
• >40 Gbps
BreakupbyTechnology:
• Ethernet
• Fibre Channel
• InfiniBand
BreakupbyEndUser:
• Enterprises
• Telecommunications Industry
• Government Organizations
• Cloud Service Providers
BreakupbyRegion:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
CompetitiveLandscapewithKeyPlayers:
• Arista Networks Inc
• Cisco Systems Inc.
• Dell Technologies Inc.
• D-Link Corporation
• Extreme Networks Inc.
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co. Ltd.
• Juniper Networks Inc.
• New H3C Technologies Co. Ltd. (Tsinghua Unisplendour)
• Nvidia Corporation
• Silicom Ltd. (Rad Group)
• ZTE Corporation.
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