Ethernet Switch Market Report 2025

The ethernet switch market size has grown steadily in recent years. It will grow from $5.44 billion in 2024 to $5.65 billion in 2025 at a compound annual growth rate (CAGR) of 4%. The growth in the historic period can be attributed to proliferation of data-intensive applications, enterprise network expansion, transition to gigabit and 10-gigabit ethernet, demand for improved network performance, data center network modernization.

The ethernet switch market size is expected to see strong growth in the next few years. It will grow to $7.62 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to migration to higher-speed ethernet standards, rise in edge computing deployments, adoption of intent-based networking (ibn), growing emphasis on network security, expansion of 5G networks. Major trends in the forecast period include multi-gigabit ethernet for wireless connectivity, emergence of intent-based networking (IBN), demand for cloud-managed switches, integration of artificial intelligence (AI) for network optimization, growing importance of network analytics.

The increasing demand for high-speed internet facilities is anticipated to drive the growth of the Ethernet switch market in the coming years. High-speed internet is defined as a connection that provides a minimum download speed of 25 Mbps and a maximum bandwidth of 1,024 kbps for both upstream and downstream directions. Ethernet switches play a crucial role in enhancing network reliability and can boost data rates up to approximately 1,000 Mbps. For example, in August 2024, Uswitch Limited, a UK-based broadband service provider, reported that the median average internet speed in the UK reached 73.21 Mbps in 2024, reflecting an increase of over 12% from September 2022. Moreover, average upload speeds experienced a significant rise of nearly 18% between September 2022 and March 2023, reaching 18.4 Mbps. Therefore, the growing demand for high-speed internet facilities is driving the expansion of the Ethernet switch market.

The rising growth of cloud-based services is expected to further propel the Ethernet switch market in the future. Cloud-based services refer to computing resources, applications, or storage solutions provided over the internet from remote servers, offering users on-demand access, scalability, and flexibility without requiring local infrastructure. These services enhance Ethernet switches by enabling centralized management and monitoring of switch ports via the web, eliminating the need for physical connections between switches. This facilitates immediate configuration, monitoring, and troubleshooting of switch ports, leading to improved operational efficiency and ease of management. For instance, in May 2023, the Office for National Statistics (ONS), a UK-based non-ministerial government department, reported that the percentage of its budget allocated to cloud-managed services increased from 11% in 2022 to 25% in 2023, indicating a significant shift towards cloud infrastructure utilization. Therefore, the growth of cloud-based solutions is driving the expansion of the Ethernet switch market.

Technological advancements have become a prominent trend in the ethernet switch market, with major companies actively developing advanced products to fortify their positions. An example of this trend is evident in the actions of Antaira Technologies, LLC, a US-based company specializing in manufacturing industrial networking and communication products. In September 2022, Antaira Technologies introduced the LNP-0800G and LNP-0800G-24 unmanned ethernet switches, featuring persistent Power over Ethernet (PoE) technology. Antaira's 802.3bt PoE-managed switches now integrate persistent PoE technology, ensuring that powered devices continue to receive power even during firmware updates, thereby preventing interruptions in data collection. This technology also prevents the reset of connected devices after power restoration. Both switches offer store-and-forward transmission capabilities, reducing collisions and frame errors. Moreover, they provide high EFT and ESD protection to safeguard against interference in high electromagnetic environments, such as automation systems. This example underscores how companies are leveraging technological advancements to enhance the capabilities of ethernet switches for improved performance and reliability.

Major companies in the Ethernet switch market are actively engaged in developing innovative products featuring advanced technologies, and one such example is the integration of hot-swappable modules. This technology, commonly used in networking and industrial equipment, allows for the installation or removal of modules without the need to power down the system. The inclusion of hot-swappable modules enables maintenance and upgrades to be carried out without disrupting the overall operation of the system. For instance, in July 2023, Moxa, a technology company based in Taiwan, introduced the MDS-G4020-L3-4XGS series of Ethernet switches. This series stands out for its industrial-grade reliability, multicast availability, and security enhancements aligned with the IEC 62443 standard. The MDS-G4020-L3-4XGS Series modular switches offer support for 4 10GbE + 16 Gigabit ports, which include 4 embedded ports, 4 interface module expansion slots, and 2 power module slots. This example illustrates how major companies are incorporating advanced features such as hot-swappable modules to enhance the functionality and flexibility of Ethernet switches.

The growth of data centers is a key factor driving the expansion of the Ethernet switch market during the forecast period. Data centers serve as centralized facilities that contain computer systems and related components, such as storage systems and telecommunications equipment, which are designed to manage, store, and distribute data. To handle the ever-increasing volume of data traffic and ensure smooth connectivity across various applications, data centers require powerful Ethernet switches. These switches enhance network performance, accelerate data transmission speeds, and support scalability, making them crucial components in contemporary data center architectures. According to McKinsey, a global management consulting firm, data center power consumption in the USA, which indicates the number of servers a data center can accommodate, is projected to grow by 10% annually until 2030, with demand expected to reach 35 gigawatts (GW) by that year, up from 17 GW in 2022. Therefore, the rise in data centers will propel the Ethernet switch market.

Major companies operating in the ethernet switch market include Dell Technologies, Huawei Technologies Co. Ltd., Siemens SE, Cisco Systems Inc., Broadcom Ltd., Hewlett Packard Enterprise, ASUSTeK Computer Inc, Juniper Networks Inc., Arista Networks, HPE Aruba, TP-Link, Belden Inc., Advantech Co. Ltd., Alcatel-Lucent Enterprise, Beckhoff Automation, New H3C Technologies Co. Ltd., NETGEAR Inc., Black Box Network Services, D-link Corporation, Moxa Inc., Linksys, Allied Telesis Inc., TRENDnet, Inc., Brocade Communications Systems.

North America was the largest region in the ethernet switch market in 2024. Asia-Pacific was the second-largest region in the global ethernet switch market share. The regions covered in the ethernet switch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ethernet switch market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

An Ethernet switch is a type of network hardware that connects all computer networking devices on a computer, playing a crucial role in networking and the internet. Ethernet switches establish networks and facilitate communication between LAN (local area network) devices using multiple ports.

There are two primary types of Ethernet switches: modular Ethernet switches and fixed configuration Ethernet switches. Modular Ethernet switches are network switches that can be configured using field-replaceable units. They come with multiple switching ports, including 100ME, 1GBE, 10GBE, 40GBE, and 100GBE. These switches find applications in various settings, including residential use, office or commercial use, industrial use, and others. They are utilized by different end-users such as carrier Ethernet, data centers, enterprises, and campuses.

The ethernet switch market research report is one of a series of new reports that provides ethernet switch market statistics, including ethernet switch industry global market size, regional shares, competitors with a ethernet switch market share, detailed ethernet switch market segments, market trends and opportunities, and any further data you may need to thrive in the ethernet switch industry. This ethernet switch market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ethernet switch market consists of sales of ethernet switches such as unmanaged switches, partially managed switches, and fully managed switches. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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