Network Switches Market Structure Analysis for the Period 2018 - 2026
Network infrastructure components are designed to build around specialist hardware and software in order to meet customer expectations with maximum reliability. Nowadays, the network infrastructure component manufacturers are completely focusing on 5G support network infrastructure because early adoption of 5G network and technological advancements across the globe is completely transforming the telecom and network infrastructure. Internet service providers across the world are in a middle of a missive growth phase as the demand for the high-speed internet is high. The high-speed internet demand is not from the business entities but demand from the homes is also coming. Owing to such factors, the demand for the network switches is increasing worldwide. In addition, huge investment by the telecom services providers on modulation bandwidth and higher frequency couple with deployment of 5G technologies in expected to drive the growth of the network switches market in most of the developing and developed nations. To make network infrastructure more reliable and secure because of passive network visibility, the network switches has witnessed a positive outlook from various countries.
Further, the network switches are gaining popularity due to rise in network security concern by the enterprises. In recent years, network switches has become an important terminology among the enterprises because enterprises need high-speed internet connectivity run their applications on-premise. Enterprises also use various applications that run and installed on the server which require a high-speed data connectivity. These factors are also expected to support the worldwide growth of the network switches market in near future.
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Network Switches Market: Market Dynamics
Drivers
Rising dependency of various business entities on high-speed internet connectivity is one of the major driving force of the network switches market. As, enterprises across the globe are relaying on the high-speed connectivity and security of network is a primary concern for the enterprises. Such factors are also impelling the growth of the network switches market. In addition to this, growing adoption of advanced technologies and increasing number of small and medium size enterprise are further driving the growth of the network switches market.
Further, increasing penetration of new business applications and rapid changes in IT architecture are positively affecting the growth of network switches market. Significant growth in network traffic and growing organizations need for adequate network performance are further key growth factors of the network switches market.
Challenges
Worldwide financial uncertainties, government policies, and instability of the economy in developing regions may hinder the growth of the network switches market worldwide. Furthermore, strict government policies related to industrial emission is projected to negatively affect the growth of the network switches market during the forecast time period. On the other hand rapid changing network technologies is expected to pose the growth of the network switches market across the globe.
Network Switches Market: Segmentation
Network Switches market has been classified based on the basis of switching port, application.
Segmentation on the basis of Switching Port:
10 GbE
100 ME & 1 GbE
40 GbE
100 GbE
Segmentation on the basis of Application:
Telecommunication
Servers & Storage
Enterprise
Industrial
Others
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Key Players
The prominent players in the global network switches market are PLANET Technology, D-Link, Alcatel-Lucent Enterprise, Cisco Systems, Allied Telesis, Brocade Communications, Juniper Networks, Mellanox Technologies, Belkin International, Arista Networks, and other network switches manufacturers.