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USD 54.96B Ethernet Switch Market Growing at 8.9% CAGR to 2030 Driven by Cloud, Data Centers, and High-Speed Networking, Reports Mordor Intelligence
Prnewswire· 2026-01-02 08:45
Core Insights - The ethernet switch market is projected to grow from USD 37.25 billion in 2025 to USD 54.96 billion by 2030, with a CAGR of 8.09% driven by various technological advancements and increasing demand for high-speed networks [1] Market Trends - There is a significant shift towards faster ethernet standards as data centers and enterprises upgrade to handle increased traffic and performance demands, particularly for advanced workloads like artificial intelligence [2] - The adoption of Power over Ethernet (PoE) solutions is rising, enabling organizations to power connected devices through a single cable, which is particularly beneficial for smart infrastructure applications [3] Market Segmentation - The ethernet switch market can be segmented by switch type, port speed, end user, switching technology, and deployment model [4][5] - Key switch types include fixed configuration switches, modular switches, rugged/industrial switches, and virtual/software-defined switches [6] - Port speeds range from 1 G and below to 200 G and above, catering to various performance needs [6] Regional Insights - North America is a key market for ethernet switches, driven by large-scale cloud deployments and a focus on energy-efficient solutions [8] - The Asia-Pacific region leads the market due to strong manufacturing hubs and government initiatives supporting digital and industrial technologies, particularly in countries like China, India, and Japan [9] Competitive Landscape - Major companies in the ethernet switch market include Cisco Systems, Huawei Technologies, Arista Networks, and Hewlett Packard Enterprise, among others [13]