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Global Data Center Switch Market size was valued at US$ XX Bn. in 2019 and is expected to grow at a CAGR of 5.11% over 2020-2026, to account for US$ 19.07 Bn by 2026.
Global Data Center Switch Market
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Global Data Center Switch Market Overview:
The data center switch is developing technology with a new class of networking and switch infrastructure. It is a high-performance switch mostly used by cloud providers and large enterprises who rely heavily on virtualization.
Globally, with the growing demand for data, the need for data centers is expanding, as major cloud providers are focusing on commissioning various data center projects, with major investments. Such as, Amazon, a worldwide leader in terms of cloud management, is increasingly spending in building data centers across the globe, particularly in developing markets, like Asia-Pacific. , Amazon Company plans to spend US$ 1.5 Bn. for building two data centers in India, mostly for its AWS wing.
In the upcoming years, the global data center switch market is projected to be driven by technological developments. In Jan 2020, Huawei, a main player in the industry, launched CloudEngine-16800, which is publicized to be the industry's first data center switch, which has been built for the received AI era. CloudEngine-16800 has an embedded AI chip, 48-port 400GE line card per slot, and the capability to adjust to the autonomous dynamic network. It is also likely to efficiently handle the huge data influx that is expected to occur in the data center industry.
The World’s Major Data Markets:
The growing workload in the data center today demands highly reliable, scalable, and high performing switching solutions. In 2020, the world’s major data market in the U.S. The U.S. marketers will use US$ 24.7 Bn. on data this year. Europe is the 2nd largest data market in the year 2020 with a projected value of US$ 6.3 Bn. It is followed by China data market is US$ 5.4 Bn. in the year 2020.
Global Data Center Switch Market
The global data center switch market for Ethernet technology is expected to grow at the highest XX% CAGR during 2019-2027.
The Ethernet technology segment is expected to reach US$ XX.28 Bn. by 2027 thanks to the high scalability and performance offered by Ethernet switches. Continuous upgrades and enhancements in the data center infrastructure is key factors driving the market growth.
Huawei's revenue of Ethernet switch grew 8.9% year over year in the last quarter of 2019 and was up 7.8% in 2019 compared to 2018 which suggestively increased the market share of Huawei in the data center switch market.
Global Data Center Switch Market Regional Analysis
The MMR report offers a brief analysis of the major regions in the data center switch market, namely, Europe, APAC, North America, Latin America, and the MEA. In 2020, North America held the largest XX% market share owing to growing IT capacity requirements and increasing adoption of new data center technologies in the USA. As a large number of key players are expected to opt for cloud services to save their open expense of building fresh data centers for business stability, the U.S. market is expected to experience greater traction.
The U.S. is expected to lead the North American market, generating revenue worth US$ XX Bn by 2027. The U.S. is home to international providers of cloud computing and service providers for data center infrastructure, like Amazon Web Services (US). Furthermore, the prominent data center switching companies that produce more than half of the profits are located in the US.
Key Developments:
Various global data center switch companies are focusing on organic growth strategies includes product launches, product approvals and others like events andpatents.
Global Data Center Switch Market
Strong Leaders in Global Data Center Switch Market
Cisco Systems
The Cisco Company has been at the top of the market for the past 25 years, and even during its ongoing transformation into less of a box-maker and more of a solutions & software provider, Company has continued to be the leading player in the space. Its portfolio of switches bears that out. As per the Cisco Systems report, the data center IP traffic was projected to grow by approximately 3 times between 2016 to 2021, which is estimated to increase the demand for data center switch.
Arista Networks
Arista’s largest proposing is Universal Cloud Network (UCN), which contains an Extensible Operating System (EOS), 7000 series switches, and its Cloud Vision management and visibility platform.
Global Data Center Switch MarketJuniper Networks
Juniper Networks also develops products like network management software, switches, routers, and network security technology. Juniper has solid hardware and software, providing capabilities to meet the technical needs of approximately all use-cases in the industry.
Global Data Center Switch Market
The objective of the report is to present a comprehensive analysis of the Global Data Center Switch Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Data Center Switch Market dynamics, structure by analyzing the market segments and project the Global Data Center Switch Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Data Center Switch Market make the report investor’s guide.
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Scope of the Global Data Center Switch Market: Inquire before buying
Global Data Center Switch Market
Global Data Center Switch Market, Key Highlights:
• Global Data Center Switch Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Data Center Switch Market
• Global Data Center Switch Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Data Center Switch Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Data Center Switch Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Data Center Switch Market are also profiled.
Global Data Center Switch Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Global Data Center Switch Market Key Players
• Cisco
• Huawei
• Arista Networks
• HPE
• Juniper Networks
• NEC
• Lenovo
• Mellanox Technologies
• Extreme Networks
• Fortinet
• ZTE
• D-Link
• Quanta Cloud Technology
• Dell EMC
• Edgecore Networks Corporation
• Hewlett Packard Enterprise
• Mellanox
• Extreme Networks
• Fortinet, Inc.
• Silicom Ltd.
This Report Is Submitted By : Maximize Market Research Company
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