The overall data
center switch market is expected to increase from USD 13.91 Billion in 2018 to USD 17.69
Billion by 2023, at a CAGR of 4.92% between 2018 and 2023. The key
opportunities for the manufacturers of data center switches include the rising
trend of bare-metal switches and growing bandwidth requirements in data
centers. Some of the key factors driving this market are the need for
simplified data center management and automation, high demand for cloud
services, and surge in the internet multimedia content and web applications.
Key players
in the data center switch market include Cisco (US), Arista Networks (US),
Huawei (China), HPE (US), and Juniper Networks (US). Most of the leading
companies have followed organic growth strategies such as product launches.
This market is evolving worldwide with the increasing competition to offer
disruptive products with increasing functionality and features. The leading
strategies in this market such as technological investments and product
launches help companies to grow and remain technically competitive in the
market. The major companies in data center switch market are also focused on
partnerships, agreements, and collaborations to expand their business.
Leading
players in the data center switch market:
Cisco (US) has been
at the top position because of its wide contribution to the parent market share
and high financial power. The company has a strong technical expertise and a
broad product portfolio in the data center switch market. The company is one of
the leading global brands in the switching industry and has been leading for
many years. The company has a strong geographic presence serving almost 165
counties across the world, with a sales and distribution facilities across 95
countries. The company’s highly innovative Nexus switches use a 16 nm
technology, which provides a large end-point density with improved scalability
and performance up to 50%.
Download PDF
Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=78270108
Arista Networks (US)
is at the second position; it is expected to account for about 12.35% of the
total share of the data center switch market. The company is one of the leading
suppliers of integrated cloud networking switching solutions, including
extensible operating systems and software innovations. The company operates in
only 1 segment and dedicatedly offers data center switches. The company has
been witnessing consistent growth in terms of innovations. The company has
shown a significant increase in R&D investments dedicated toward the
development of data center switches.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B
research on 30,000 high growth niche opportunities/threats which will impact
70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers
worldwide including 80% of global Fortune 1000 companies as clients. Almost
75,000 top officers across eight industries worldwide approach
MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at
MarketsandMarkets™ are tracking global high growth markets following the
“Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with
the clients to identify new opportunities, identify most important customers,
write “Attack, avoid and defend” strategies, identify sources of incremental
revenues for both the company and its competitors. MarketsandMarkets™ now
coming up with 1,500 MicroQuadrants (Positioning top players across leaders,
emerging companies, innovators, strategic players) annually in high growth emerging
segments. MarketsandMarkets™ is determined to benefit more than 10,000
companies this year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of
the curve.
MarketsandMarkets’s flagship competitive
intelligence and market research platform, “Knowledgestore” connects over
200,000 markets and entire value chains for deeper understanding of the unmet
insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™
INC.
630
Dundee Road
Suite
430
Northbrook,
IL 60062
USA:
1-888-600-6441
No comments:
Post a Comment