The Ethernet Switch Global Market Report 2023, provides comprehensive information on the ethernet switch market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Ethernet Switch Global Market Report 2023, the market size is expected to grow from $5.03 billion in 2022 to $5.31 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global ethernet switch market size is expected to grow to $6.54 billion in 2027 at a CAGR of 5.4%.
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Technological advancements have emerged as a major trend gaining popularity in the ethernet switch market. Major companies operating in the ethernet switch market are developing technologically advanced products to strengthen their position in the market. For instance, in September 2022, Antaira Technologies, LLC, a US-based industrial networking and communication products manufacturing company, launched the LNP-0800G and LNP-0800G-24 unmanned ethernet switches featuring persistent Power over Ethernet (PoE) technology. Antaira’s 802.3bt PoE-managed switches now incorporate persistent PoE technology. This technology makes sure that powered devices continue to receive power during firmware updates so that data collection does not stop. Additionally, it disables the reset of connected devices after power is restored. Both switches provide store-and-forward transmission capabilities that minimize collisions and frame errors, while high EFT and ESD protection guard against interference in high electromagnetic situations like automation systems.
The ethernet switch market is segmented:
1) By Product: Modular Ethernet Switches, Fixed Configuration Ethernet Switches
2) By Switching Ports: 100ME, 1GbE, 10GbE, 40GbE, 100GbE
3) By Application: Residential Use, Office or Commercial Use, Industrial Use, Other Applications
4) By End-User: Carrier Ethernet, Data Center, Enterprise and Campus
North America was the largest region in the ethernet switch market in 2022.
The table of contents in TBRC’s ethernet switch market report includes:
1. Executive Summary
2. Ethernet Switch Market Characteristics
3. Ethernet Switch Market Trends And Strategies
4. Ethernet Switch Market – Macro Economic Scenario
5. Ethernet Switch Market Size And Growth
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26. Africa Ethernet Switch Market
27. Ethernet Switch Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ethernet Switch Market
29. Ethernet Switch Market Future Outlook and Potential Analysis
30. Appendix
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