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Data Center Switch Market Worth 17.69 Billion USD by 2023


News provided by

MarketsandMarkets

04 Jan, 2018, 13:30 GMT

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PUNE, India, January 4, 2018 /PRNewswire/ --

According to the new research report "Data Center Switch Market by Type (Core, Distribution, and Access), Technology (Ethernet, Fiber Channel, and InfiniBand), End User (Enterprise, Telecom, Government, and Cloud), Bandwidth, and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the market is expected to grow from USD 13.91 in 2018 to USD 17.69 Billion by 2023, at a CAGR of 4.92% between 2018 and 2023.

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Browse 74 market data Tables and 56 Figures spread through 167 Pages and in-depth TOC on "Data Center Switch Market - Global Forecast to 2023"

https://www.marketsandmarkets.com/Market-Reports/data-center-switch-market-78270108.html

Early buyers will receive 10% customization on this report

The growth of this market is mainly driven by the need for simplified data center management and automation, high demand for cloud services, and surge in the internet multimedia content and web applications.

Market for access switches is expected to account for the largest size in 2017 

The large market size of access data center switches is mainly attributed to a wide network connectivity offered by these switches to distribution layers as well as different end users. Access switches need more number of ports to move the data from one network to another so that the load can be balanced. Thus, these switches ensure connectivity between servers and networks.

Market for InfiniBand data center switches is expected to grow at the highest CAGR during the forecast period 

The highest growth rate of InfiniBand switches is largely because of the high-bandwidth solution for each port under a competitive price that InfiniBand switches offer. To reduce the cost of data center switches and to meet the requirements for high bandwidth, low-latency computing, and storage and management over a single fabric, many customers from different industries look forward to adopt InfiniBand switches. However, there are only a few companies involved in the development of this technology as of now. Therefore, the market size for InfiniBand switch systems is small but is expected to grow at the highest CAGR in the next few years.

Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=78270108

>1 Gbps to <10 Gbps bandwidth switches expected to hold the largest market size in 2017 

>1 Gbps to <10 Gbps switches are widely adopted. In data centers, all types, namely, access, distribution, and core switches are available with >1 Gbps to <10 Gbps of bandwidth. There has been increasing adoption of >1 Gbps to <10 Gbps switches for the optimum network development. Also, 10 Gbps switches offer high scalability and ensure the smooth and cost-effective transition to a higher bandwidth for network expansion.

North America to account for the largest share of the data center switch market in 2017 

The market in the US is expected to experience a greater traction as a significant number of organizations are likely to opt for cloud services to save their upfront cost of building new data centers for business continuity. Also, the US is the home for global cloud service providers and data center infrastructure service providers such as Amazon Web Services (US) and Microsoft (US). Moreover, the leading companies in data center switch market that generate more than half of the revenue are based in the US.

Inquiry Before Buy @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=78270108

Cisco (US), Arista Networks (US), Huawei (China), HPE (US), and Juniper Networks (US) are the major players included in the report with market share analysis. The report also covers various major contributors involved in the data center switch market. NEC (Japan), Lenovo (China), Mellanox Technologies (US), Extreme Networks (US), Fortinet (US), ZTE (China), D-Link (Taiwan), Silicom (Israel), QCT (Taiwan), Dell (US) are a few major companies in the data center switch market. Also, Bay Microsystems (US), Cumulus Networks (US), Edgecore Networks (Taiwan), Centec Networks (China), and H3C Technologies (China) are a few key contributors in the market.

Browse Related Reports 

White Box Server Market by Form Factor (Rack & Tower, Blade, Density-Optimized), Business Type (Data Centers, Enterprise Customers), Processor (X86, non-X86), Operating System (Linux, Windows, UNIX), and Geography - Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/white-box-server-market-219773580.html

Cloud Infrastructure Market by Type (Hardware: Server, Storage, Switch, Services: Platform as a Service, Infrastructure as a service, Content/Application Delivery Network, Managed Hosting, Colocation), End-User Industry & Geography - Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/cloud-infrastructure-market-119658259.html

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About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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