The global Network Switches market was valued at 2792.71 Million USD in 2020 and will grow with a CAGR of 4.67% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A network switch (also called switching hub, bridging hub, officially MAC bridge) is networking hardware that connects devices on a computer network by using packet switching to receive and forward data to the destination device.Cisco, Huawei, Arista Networks, HPE, Juniper and Dell Technologies are leading players in Network Switches market globally, other prominent market players in the market include Broadcom, Alcatel-Lucent, D-Link, TP-Link, Extreme Networks and many others. The market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc. Top 5 manufacturers occupied 80% market share in 2019.
By Market Verdors:
Cisco
Huawei
Arista Networks
HPE
Juniper
Dell Technologies
Broadcom
Alcatel-Lucent
D-Link
TP-Link
Extreme Networks
Ruijie Networks
NETGEAR
Fortinet, Inc.
Hikvision
Fujitsu
Panasonic
By Types:
Fixed Managed
Fixed Unmanaged
Modular Switches
Residential Use
Office or Commercial Use
Industrial Use
By Applications:
Application A
Application B
Others
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
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Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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