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| Global Data Center Switch Market Size |
Data center switches are networking hardware platforms which allow the
establishment of high-speed communication between servers, storage
infrastructure and other network devices within large-scale data centers. These
switches help direct traffic incoming from external networks and ensure fast
and secure internal connections. The growing dependence on cloud services, big
data analytics and heavy internet usage has increased the demand for
high-bandwidth connectivity, driving larger organizations to scale up their
existing data centers or establish new facilities. This has accelerated the
growth of the global data center switch market.
The global
data center switch market is estimated to be valued at US$ 16087.09 Mn in 2023 and is expected to exhibit a CAGR of 7.8% over the forecast period
from 2023 to 2030, as highlighted in a new report published by Coherent Market
Insights.
Market key trends: Rising adoption of cloud computing services by enterprises
has been a major trend contributing to the growth of the data center switch
market. Migrating mission critical workloads and applications to the cloud
allows companies to reduce operational costs while gaining benefits of
increased scalability and flexibility. This has increased the traffic flow
through data centers, necessitating high-performance switches that can
efficiently direct traffic. Leading cloud service providers are increasingly
investing in expanding their data center infrastructure, spurring the demand
for switches that support high-density connectivity within large campuses.
Segment
Analysis
The global data center switch market is dominated by modular switches
sub-segment attributed to the growing adoption of modular switches across
various data centers. Modular switches offer flexibility, scalability and easy
upgradability which is largely driving their adoption over fixed configuration
switches.
Key Takeaways
Global
Data Center Switch Market Size is expected to witness high growth over
the forecast period.
Regional
analysis: North America is currently the largest market for data center
switches owing to heavy investments in enhancing digital infrastructure and
presence of major players in the US and Canada. However, Asia Pacific market is
expected to witness highest CAGR during the forecast period. This is
attributable to factors such rapid urbanization, growing BYOD trend, increasing
mobile internet usage and expansion of hyperscale data centers across India and
China. Countries like India, China and Singapore are emerging as new hotspots
for data center development.
Key players
operating in the data center switch market are Cisco Systems, Inc., Arista
Networks, Inc., Huawei Technologies Co. Ltd., Juniper Networks, Inc., Dell
Technologies Inc., Hewlett Packard Enterprise Development LP, Extreme Networks,
Inc., H3C Technologies Co., Ltd., NEC Corporation, and Lenovo Group Limited.
Cisco and Arista Networks currently dominate the market attributed to their
revolutionary innovations and robust product portfolio catering to the
Switching solutions across all data center segments.
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