Generally, business uses a switch to connect computers, printers, servers and other devices within a building or campus to form a network. In India, the Ethernet Switch market has seen a growth of 12.4 per cent year-on-year in Q1 2017. The value of this market is worth US$126.6 million (by vendor revenue). The growth of this market is being driven by sectors like telecom, BFSI, professional services, government and education. Apart from this, government’s initiatives like digitization will attract investments and further propel growth in this segment. Due to increased spending from both enterprise and service providers' segments, Cisco continues to be the leader in this market, followed by HPE and Huawei.
Key Takeaways: The Ethernet Switch market is expected to grow in single digits in terms of compound annual growth rate (CAGR) for 2016–2021. As the demand for bandwidth and high data speed is continuously increasing along with growing number of internet users across the globe, Ethernet Switch market is expected to experience decent growth during the forecast period and rollouts will catalyze the demand for network infrastructure investment.
Key Vendors: Cisco, HPE, Dell EMC, Juniper and others including Digisol, D-Link, Edimax, Honeywell, Huawei, Netgear, TP-Link
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