The Global Data Center Switch Market Is Expected To Grow With A Cagr Of 6.5% From 2023 To 2028

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global data center switch market looks promising with opportunities in the IT & telecom, government & defense, BFSI, cloud-based service provider, manufacturing, and media & entertainment applications. The global data center switch market is expected to reach an estimated $18.1 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are rising adoption of 5G and IoT based technology, growing need for these switches to effectively manage internet traffic ,and increasing trend of bare-metal switches that can be pre-loaded with a user's preferred operating systems.
In this market, ethernet and infiniband are the major segments of global data center switch used by various end use industries. Lucintel forecasts that ethernet will remain the faster growing segment over the forecast period due to its high speed and scalability, which helps in fulfilling evolving data center connectivity requirement.
Within this market, cloud-based service providers will remain the largest segment due to the considerable use of datacenter ...
... switches owing to their high-performance connectivity, consistent uptime, high throughput, and high reliability to manage enormous amounts of data.
North America will remain the largest region over the forecast period due to rising demand for cloud-based services among organizations, the existence of well-established data centers, and growing adoption of new data center technologies in the region.
Cisco, Huawei, Arista Networks, HPE, Juniper Networks, NEC, and Lenovo are the major suppliers in the global data center switch market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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