January 05, 2022
According to the research report titled ‘Global Data Center Switch Market - Analysis By Switch Types (Core, Distribution, Access), Technology, Bandwidth, End User, By Region, By Country (2021 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2021-2026)’, available with MarketStudyReport, global data center switch market was valued at USD 13612.05 million in the year 2020 and is expected to witness substantial growth during the period 2021-2026.
An increased incorporation of data-intensive applications like cloud computing, Big Data, and others, in consort with widespread connectivity of mobile broadband internet are propelling the growth of global data center switch market.
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Moreover, the popularity of video streaming services has increased internet traffic, which has resulted in the strengthening of network infrastructure, facilitating industry development.
Based on switch type, the access switch segment of worldwide data center switch industry is anticipated to garner the maximum share during the projected timeline owing to the wider network connectivity provided to distribution layers and several end-users.
In terms of technology ambit, the ethernet segment is likely to account for a significant industry share during the forecast period due to it being the most issued technology by various service providers as its innovation leads to them offering compelling and cost-effective solutions.
Concerning bandwidth spectrum, the >1Gbps to <10Gbps segment is projected to exhibit considerable growth over the course of the analysis period, attributable to the rising demand for high speed, and its impact on the hardware required to support it, particularly the switches that route traffic across the network.
From a regional standpoint, Americas market is poised to witness remarkable growth during the period 2021-2026, owing to the huge demand for cloud solutions, and its connection to billions of connected devices like PC, VR systems, autonomous vehicles, and many others.
The competitive landscape of global data center switch market is defined by companies such as Juniper Networks, Inc., Cisco Systems, Inc., NEC Corporation, Extreme Networks, Arista Networks, Huawei Technologies Co., Ltd., ZTE Corporation, Hewlett Packard Enterprise Company (HPE), Dell Technologies, Inc., and Fortinet among others.