The Global Ethernet Switch Market size is expected to reach $25.1 billion by 2030, rising at a market growth of 4.6% CAGR during the forecast period.
Managed Layer 2 (L2) switches are known for their ability to operate at the data link layer of the OSI model, offering features such as VLAN (Virtual Local Area Network) support, link aggregation, and Quality of Service (QoS). Thus, the Managed Layer 2 (L2) switches segment acquired $5,379.0 million in 2022. These switches provide more control and configurability than unmanaged switches, making them suitable for businesses with complex networking needs.
The major strategies followed by the market participants are Product Launches as the key developmental strategy to keep pace with the changing demands of end users. For instance, In July 2023, Allied Telesis Holdings Co., Ltd. Introduced IE220 Series, The IE220 Series switches provide robust Gigabit connectivity to IoT devices, boasting dual 10 Gigabit fiber uplinks and PoE++ Gigabit interfaces for uncompromised performance and throughput. Additionally, In December 2022, Arista Networks, Inc. launched 7050X4 Series, the latest 7050X4 systems elevate industry-standard, high-volume SFP interfaces by introducing the new 100G SFP-DD and DSFP, offering 'quad-speed' support, alongside QSFP-DD supporting 40G to 400G.
Based on the Analysis presented in the KBV Cardinal matrix; Cisco Systems Inc. is the forerunner in the Ethernet Switch Market. In January 2022, Cisco Systems Inc. introduced Catalyst IE9300, a high-performance industrial Ethernet switch designed for rugged environments, offering advanced features for reliable connectivity. The IE9300 features a sensor for transmitting data to Cyber Vision software, facilitating inventorying and tracking of connected IoT devices, even those unable to comply with contemporary device identity standards, with Cyber Vision also monitoring software versions on the devices. Companies such as Intel Corporation, Siemens AG, and Huawei Technologies Co., Ltd. are some of the key innovators in Market.
Market Growth Factors
Data centers require high-speed, reliable connectivity to facilitate seamless communication between servers, storage systems, and other network devices. Ethernet switches, especially those supporting high data rates such as 10 Gigabit Ethernet (GbE), 25GbE, 40GbE, and 100GbE, provide the necessary bandwidth for efficient data transfer within the data center network. Thus, these factors can help in the expansion of the market.
Additionally, With the proliferation of data-intensive applications, video conferencing, multimedia content, and other bandwidth-hungry services, enterprises require higher network bandwidth. Ethernet switches, especially those supporting higher data rates like 10 Gigabit Ethernet (GbE) and beyond, address the need for increased capacity. Thus, these factors will assist in the growth of the market.
Market Restraining Factors
The relentless pace of technological advancements, especially in the realm of networking and communications, demands agility from Ethernet switch manufacturers. Addressing compatibility issues and fostering interoperability become critical factors in product development and market acceptance. Thus, these factors can lead to a downturn in the demand for Ethernet switches in the upcoming years.
The Ethernet switch market is highly competitive, with several key players vying for market share. Companies like Cisco Systems, Huawei Technologies, Arista Networks, Hewlett Packard Enterprise (HPE), and Dell Technologies are among the major competitors in this space. Competition in the Ethernet switch market is driven by factors such as product performance, reliability, feature set, pricing, and customer support.
By Type Analysis
Based on type, the market is bifurcated into modular and fixed configuration. The fixed configuration segment held the largest 82% revenue share in the market in 2022. Fixed configuration switches are pre-configured, which makes them simple to install and manage, especially for small to medium-sized enterprises (SMEs) that may not have dedicated IT staff.
By Speed Analysis
On the basis of speed, the market is divided into 1G, 10 G, 25 G, 40 G, 100 G, and others. In 2022, the 100 G segment witnessed a substantial 22.3% revenue share in the market. The 100G Ethernet switches address this demand by providing significantly higher data transfer rates compared to lower-speed alternatives. Hence, these factors will assist in the growth of the segment.
By Configuration Analysis
Based on configuration, the market is divided into unmanaged, smart, managed L2, managed L3, and divided. The unmanaged segment procured a 6% revenue in the Ethe in 2022. Small and medium-sized businesses (SMBs) and home offices often prefer unmanaged switches due to their simplicity and cost-effectiveness.
By Regional Analysis
By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The North America segment procured 40% revenue share in the market in 2022. The migration of organizations to cloud-based infrastructure and the increasing prevalence of cloud services frequently necessitates resilient and high-performing networking solutions, such as Ethernet switches.
Recent Strategies Deployed in the Market
- Jan-2024: Hewlett Packard Enterprise Company acquired Juniper Networks, a leading provider of networking solutions, delivering innovative and reliable infrastructure for businesses worldwide. This acquisition would expand HPE's networking business, by combining HPE's and Juniper's technology capabilities.
- Jul-2023: Allied Telesis Holdings Co., Ltd. Introduced IE220 Series, a range of industrial Ethernet switches designed for robust networking solutions in harsh environments. The IE220 Series switches provide robust Gigabit connectivity to IoT devices, boasting dual 10 Gigabit fiber uplinks and PoE++ Gigabit interfaces for uncompromised performance and throughput.
- Jun-2023: Hewlett Packard Enterprise Company acquired Athonet, a telecommunications company specializing in software-based mobile core network solutions for private LTE/5G networks. Through this acquisition, HPE would be able to provide a unified and simplified strategy for deploying the connected edge, enabling telecommunications companies to tap into this expanding market while giving enterprises the assurance to embrace the technology.
- Apr-2023: Siemens AG partnered with IBM, an American technology company, to develop solutions for service lifecycle management, systems engineering, and asset management. The partnership would allow the joint customers of the two companies to reduce their operational costs and drive operational efficiencies.
- Dec-2022: Arista Networks, Inc. launched 7050X4 Series, a line of high-performance network switches designed for advanced data center and enterprise networking needs. The latest 7050X4 systems elevate industry-standard, high-volume SFP interfaces by introducing the new 100G SFP-DD and DSFP, offering 'quad-speed' support, alongside QSFP-DD supporting 40G to 400G. This enhances density and reduces power consumption.
List of Key Companies Profiled
- Dell Technologies, Inc.
- Allied Telesis Holdings Co., Ltd.
- Intel Corporation
- Advantech Co., Ltd.
- Black Box Limited (Essar Group)
- Arista Networks, Inc.
- Cisco Systems Inc.
- Siemens AG
- Hewlett Packard Enterprise Company
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Global Ethernet Switch Market Report Segmentation
By Type
- Fixed Configuration
- Modular
By Speed
- 1G
- 10 G
- 25 G
- 40 G
- 100 G
- Others
By Configuration
- Managed L3
- Managed L2
- Smart
- Unmanaged
- Divided
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Ethernet Switch Market, by Type
- 1.4.2Global Ethernet Switch Market, by Speed
- 1.4.3Global Ethernet Switch Market, by Configuration
- 1.4.4Global Ethernet Switch Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
Chapter 4.Competition Analysis - Global
- 4.1KBV Cardinal Matrix
- 4.2Recent Industry Wide Strategic Developments
- 4.2.1Partnerships, Collaborations and Agreements
- 4.2.2Product Launches and Product Expansions
- 4.2.3Acquisition and Mergers
- 4.3Market Share Analysis, 2022
- 4.4Top Winning Strategies
- 4.4.1Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.4.2Key Strategic Move: (Product Launches and Product Expansions: 2019, Apr - 2023, Jul) Leading Players
- 4.5Porter Five Forces Analysis
Chapter 5.Global Ethernet Switch Market by Type
- 5.1Global Fixed Configuration Market by Region
- 5.2Global Modular Market by Region
Chapter 6.Global Ethernet Switch Market by Speed
- 6.1Global 1G Market by Region
- 6.2Global 10 G Market by Region
- 6.3Global 25 G Market by Region
- 6.4Global 40 G Market by Region
- 6.5Global 100 G Market by Region
- 6.6Global Others Market by Region
Chapter 7.Global Ethernet Switch Market by Configuration
- 7.1Global Managed L3 Market by Region
- 7.2Global Managed L2 Market by Region
- 7.3Global Smart Market by Region
- 7.4Global Unmanaged Market by Region
- 7.5Global Divided Market by Region
Chapter 8.Global Ethernet Switch Market by Region
- 8.1North America Ethernet Switch Market
- 8.1.1North America Ethernet Switch Market by Type
- 8.1.1.1North America Fixed Configuration Market by Region
- 8.1.1.2North America Modular Market by Region
- 8.1.2North America Ethernet Switch Market by Speed
- 8.1.2.1North America 1G Market by Country
- 8.1.2.2North America 10 G Market by Country
- 8.1.2.3North America 25 G Market by Country
- 8.1.2.4North America 40 G Market by Country
- 8.1.2.5North America 100 G Market by Country
- 8.1.2.6North America Others Market by Country
- 8.1.3North America Ethernet Switch Market by Configuration
- 8.1.3.1North America Managed L3 Market by Country
- 8.1.3.2North America Managed L2 Market by Country
- 8.1.3.3North America Smart Market by Country
- 8.1.3.4North America Unmanaged Market by Country
- 8.1.3.5North America Divided Market by Country
- 8.1.4North America Ethernet Switch Market by Country
- 8.1.4.1US Ethernet Switch Market
- 8.1.4.1.1US Ethernet Switch Market by Type
- 8.1.4.1.2US Ethernet Switch Market by Speed
- 8.1.4.1.3US Ethernet Switch Market by Configuration
- 8.1.4.2Canada Ethernet Switch Market
- 8.1.4.2.1Canada Ethernet Switch Market by Type
- 8.1.4.2.2Canada Ethernet Switch Market by Speed
- 8.1.4.2.3Canada Ethernet Switch Market by Configuration
- 8.1.4.3Mexico Ethernet Switch Market
- 8.1.4.3.1Mexico Ethernet Switch Market by Type
- 8.1.4.3.2Mexico Ethernet Switch Market by Speed
- 8.1.4.3.3Mexico Ethernet Switch Market by Configuration
- 8.1.4.4Rest of North America Ethernet Switch Market
- 8.1.4.4.1Rest of North America Ethernet Switch Market by Type
- 8.1.4.4.2Rest of North America Ethernet Switch Market by Speed
- 8.1.4.4.3Rest of North America Ethernet Switch Market by Configuration
- 8.2Europe Ethernet Switch Market
- 8.2.1Europe Ethernet Switch Market by Type
- 8.2.1.1Europe Fixed Configuration Market by Country
- 8.2.1.2Europe Modular Market by Country
- 8.2.2Europe Ethernet Switch Market by Speed
- 8.2.2.1Europe 1G Market by Country
- 8.2.2.2Europe 10 G Market by Country
- 8.2.2.3Europe 25 G Market by Country
- 8.2.2.4Europe 40 G Market by Country
- 8.2.2.5Europe 100 G Market by Country
- 8.2.2.6Europe Others Market by Country
- 8.2.3Europe Ethernet Switch Market by Configuration
- 8.2.3.1Europe Managed L3 Market by Country
- 8.2.3.2Europe Managed L2 Market by Country
- 8.2.3.3Europe Smart Market by Country
- 8.2.3.4Europe Unmanaged Market by Country
- 8.2.3.5Europe Divided Market by Country
- 8.2.4Europe Ethernet Switch Market by Country
- 8.2.4.1Germany Ethernet Switch Market
- 8.2.4.1.1Germany Ethernet Switch Market by Type
- 8.2.4.1.2Germany Ethernet Switch Market by Speed
- 8.2.4.1.3Germany Ethernet Switch Market by Configuration
- 8.2.4.2UK Ethernet Switch Market
- 8.2.4.2.1UK Ethernet Switch Market by Type
- 8.2.4.2.2UK Ethernet Switch Market by Speed
- 8.2.4.2.3UK Ethernet Switch Market by Configuration
- 8.2.4.3France Ethernet Switch Market
- 8.2.4.3.1France Ethernet Switch Market by Type
- 8.2.4.3.2France Ethernet Switch Market by Speed
- 8.2.4.3.3France Ethernet Switch Market by Configuration
- 8.2.4.4Russia Ethernet Switch Market
- 8.2.4.4.1Russia Ethernet Switch Market by Type
- 8.2.4.4.2Russia Ethernet Switch Market by Speed
- 8.2.4.4.3Russia Ethernet Switch Market by Configuration
- 8.2.4.5Spain Ethernet Switch Market
- 8.2.4.5.1Spain Ethernet Switch Market by Type
- 8.2.4.5.2Spain Ethernet Switch Market by Speed
- 8.2.4.5.3Spain Ethernet Switch Market by Configuration
- 8.2.4.6Italy Ethernet Switch Market
- 8.2.4.6.1Italy Ethernet Switch Market by Type
- 8.2.4.6.2Italy Ethernet Switch Market by Speed
- 8.2.4.6.3Italy Ethernet Switch Market by Configuration
- 8.2.4.7Rest of Europe Ethernet Switch Market
- 8.2.4.7.1Rest of Europe Ethernet Switch Market by Type
- 8.2.4.7.2Rest of Europe Ethernet Switch Market by Speed
- 8.2.4.7.3Rest of Europe Ethernet Switch Market by Configuration
- 8.3Asia Pacific Ethernet Switch Market
- 8.3.1Asia Pacific Ethernet Switch Market by Type
- 8.3.1.1Asia Pacific Fixed Configuration Market by Country
- 8.3.1.2Asia Pacific Modular Market by Country
- 8.3.2Asia Pacific Ethernet Switch Market by Speed
- 8.3.2.1Asia Pacific 1G Market by Country
- 8.3.2.2Asia Pacific 10 G Market by Country
- 8.3.2.3Asia Pacific 25 G Market by Country
- 8.3.2.4Asia Pacific 40 G Market by Country
- 8.3.2.5Asia Pacific 100 G Market by Country
- 8.3.2.6Asia Pacific Others Market by Country
- 8.3.3Asia Pacific Ethernet Switch Market by Configuration
- 8.3.3.1Asia Pacific Managed L3 Market by Country
- 8.3.3.2Asia Pacific Managed L2 Market by Country
- 8.3.3.3Asia Pacific Smart Market by Country
- 8.3.3.4Asia Pacific Unmanaged Market by Country
- 8.3.3.5Asia Pacific Divided Market by Country
- 8.3.4Asia Pacific Ethernet Switch Market by Country
- 8.3.4.1China Ethernet Switch Market
- 8.3.4.1.1China Ethernet Switch Market by Type
- 8.3.4.1.2China Ethernet Switch Market by Speed
- 8.3.4.1.3China Ethernet Switch Market by Configuration
- 8.3.4.2Japan Ethernet Switch Market
- 8.3.4.2.1Japan Ethernet Switch Market by Type
- 8.3.4.2.2Japan Ethernet Switch Market by Speed
- 8.3.4.2.3Japan Ethernet Switch Market by Configuration
- 8.3.4.3India Ethernet Switch Market
- 8.3.4.3.1India Ethernet Switch Market by Type
- 8.3.4.3.2India Ethernet Switch Market by Speed
- 8.3.4.3.3India Ethernet Switch Market by Configuration
- 8.3.4.4South Korea Ethernet Switch Market
- 8.3.4.4.1South Korea Ethernet Switch Market by Type
- 8.3.4.4.2South Korea Ethernet Switch Market by Speed
- 8.3.4.4.3South Korea Ethernet Switch Market by Configuration
- 8.3.4.5Singapore Ethernet Switch Market
- 8.3.4.5.1Singapore Ethernet Switch Market by Type
- 8.3.4.5.2Singapore Ethernet Switch Market by Speed
- 8.3.4.5.3Singapore Ethernet Switch Market by Configuration
- 8.3.4.6Malaysia Ethernet Switch Market
- 8.3.4.6.1Malaysia Ethernet Switch Market by Type
- 8.3.4.6.2Malaysia Ethernet Switch Market by Speed
- 8.3.4.6.3Malaysia Ethernet Switch Market by Configuration
- 8.3.4.7Rest of Asia Pacific Ethernet Switch Market
- 8.3.4.7.1Rest of Asia Pacific Ethernet Switch Market by Type
- 8.3.4.7.2Rest of Asia Pacific Ethernet Switch Market by Speed
- 8.3.4.7.3Rest of Asia Pacific Ethernet Switch Market by Configuration
- 8.4LAMEA Ethernet Switch Market
- 8.4.1LAMEA Ethernet Switch Market by Type
- 8.4.1.1LAMEA Fixed Configuration Market by Country
- 8.4.1.2LAMEA Modular Market by Country
- 8.4.2LAMEA Ethernet Switch Market by Speed
- 8.4.2.1LAMEA 1G Market by Country
- 8.4.2.2LAMEA 10 G Market by Country
- 8.4.2.3LAMEA 25 G Market by Country
- 8.4.2.4LAMEA 40 G Market by Country
- 8.4.2.5LAMEA 100 G Market by Country
- 8.4.2.6LAMEA Others Market by Country
- 8.4.3LAMEA Ethernet Switch Market by Configuration
- 8.4.3.1LAMEA Managed L3 Market by Country
- 8.4.3.2LAMEA Managed L2 Market by Country
- 8.4.3.3LAMEA Smart Market by Country
- 8.4.3.4LAMEA Unmanaged Market by Country
- 8.4.3.5LAMEA Divided Market by Country
- 8.4.4LAMEA Ethernet Switch Market by Country
- 8.4.4.1Brazil Ethernet Switch Market
- 8.4.4.1.1Brazil Ethernet Switch Market by Type
- 8.4.4.1.2Brazil Ethernet Switch Market by Speed
- 8.4.4.1.3Brazil Ethernet Switch Market by Configuration
- 8.4.4.2Argentina Ethernet Switch Market
- 8.4.4.2.1Argentina Ethernet Switch Market by Type
- 8.4.4.2.2Argentina Ethernet Switch Market by Speed
- 8.4.4.2.3Argentina Ethernet Switch Market by Configuration
- 8.4.4.3UAE Ethernet Switch Market
- 8.4.4.3.1UAE Ethernet Switch Market by Type
- 8.4.4.3.2UAE Ethernet Switch Market by Speed
- 8.4.4.3.3UAE Ethernet Switch Market by Configuration
- 8.4.4.4Saudi Arabia Ethernet Switch Market
- 8.4.4.4.1Saudi Arabia Ethernet Switch Market by Type
- 8.4.4.4.2Saudi Arabia Ethernet Switch Market by Speed
- 8.4.4.4.3Saudi Arabia Ethernet Switch Market by Configuration
- 8.4.4.5South Africa Ethernet Switch Market
- 8.4.4.5.1South Africa Ethernet Switch Market by Type
- 8.4.4.5.2South Africa Ethernet Switch Market by Speed
- 8.4.4.5.3South Africa Ethernet Switch Market by Configuration
- 8.4.4.6Nigeria Ethernet Switch Market
- 8.4.4.6.1Nigeria Ethernet Switch Market by Type
- 8.4.4.6.2Nigeria Ethernet Switch Market by Speed
- 8.4.4.6.3Nigeria Ethernet Switch Market by Configuration
- 8.4.4.7Rest of LAMEA Ethernet Switch Market
- 8.4.4.7.1Rest of LAMEA Ethernet Switch Market by Type
- 8.4.4.7.2Rest of LAMEA Ethernet Switch Market by Speed
- 8.4.4.7.3Rest of LAMEA Ethernet Switch Market by Configuration
Chapter 9.Company Profiles
- 9.1Dell Technologies, Inc.
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Segmental and Regional Analysis
- 9.1.4Research & Development Expense
- 9.1.5SWOT Analysis
- 9.2Allied Telesis Holdings Co., Ltd.
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3Regional Analysis
- 9.2.4Recent strategies and developments:
- 9.2.4.1Product Launches and Product Expansions:
- 9.2.5SWOT Analysis
- 9.3Intel Corporation
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Segmental and Regional Analysis
- 9.3.4Research & Development Expenses
- 9.3.5Recent strategies and developments:
- 9.3.5.1Acquisition and Mergers:
- 9.3.6SWOT Analysis
- 9.4Advantech Co., Ltd.
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Segmental and Regional Analysis
- 9.4.4Research & Development Expense
- 9.4.5Recent strategies and developments:
- 9.4.5.1Product Launches and Product Expansions:
- 9.5Black Box Limited (Essar Group)
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3Segmental and Regional Analysis
- 9.6Arista Networks, Inc.
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Regional Analysis
- 9.6.4Research & Development Expense
- 9.6.5Recent strategies and developments:
- 9.6.5.1Product Launches and Product Expansions:
- 9.6.5.2Acquisition and Mergers:
- 9.6.6SWOT Analysis
- 9.7Cisco Systems, Inc.
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Regional Analysis
- 9.7.4Research & Development Expense
- 9.7.5Recent strategies and developments:
- 9.7.5.1Partnerships, Collaborations, and Agreements:
- 9.7.5.2Product Launches and Product Expansions:
- 9.7.6SWOT Analysis
- 9.8Siemens AG
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Segmental and Regional Analysis
- 9.8.4Research & Development Expense
- 9.8.5Recent strategies and developments:
- 9.8.5.1Partnerships, Collaborations, and Agreements:
- 9.8.6SWOT Analysis
- 9.9Hewlett Packard Enterprise Company
- 9.9.1Company Overview
- 9.9.2Financial Analysis
- 9.9.3Segmental and Regional Analysis
- 9.9.4Research & Development Expense
- 9.9.5Recent strategies and developments:
- 9.9.5.1Acquisition and Mergers:
- 9.9.6SWOT Analysis
- 9.10.Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 9.10.1Company Overview
- 9.10.2Financial Analysis
- 9.10.3Segmental and Regional Analysis
- 9.10.4Research & Development Expense
- 9.10.5SWOT Analysis
Chapter 10.Winning Imperatives of Ethernet Switch Market