Written by Germany Ethernet Switch Market
The Germany Ethernet Switch market is experiencing significant growth, driven by the increasing demand for high-speed network connectivity across various industries. An Ethernet switch is a crucial component that connects multiple networks and devices into high-speed local area networks (LANs), enabling seamless data sharing and internet connectivity.
Market Overview:
Ethernet switches play a pivotal role in creating high-speed LANs and are closely correlated with the expansion of routers. This technology is widely adopted across industries such as small and medium-sized services, healthcare, consumer goods, IT and telecom, e-commerce, and education. The growing number of end-users is a driving force behind the Ethernet switch market’s steady growth.
Market Value and Growth:
The Germany Ethernet Switch market was valued at USD 1,231.2 million in 2020 and is expected to reach USD 1,518.8 million by 2027. This growth is projected to register a compound annual growth rate (CAGR) of 3.2% during the 2021-2027 period, according to Germany Ethernet Switch Market Research Report Forecast to 2027
Market Segmentation:
The Germany Ethernet Switch market is segmented based on product type, switching port speed, and end-user:
- Product Type: It includes modular Ethernet switches and fixed-configuration Ethernet switches, with the latter comprising unmanaged switches, smart switches, and managed L2 and L3 switches.
- Switching Port Speed: Segments include 100ME & 1GbE, 10GbE, 40GbE, 100GbE, and others. The 100ME & 1GbE segment dominated the market in 2020, with other switching port speeds expected to exhibit rapid growth.
- End-User: Segments encompass carrier Ethernet, data centers, and enterprise and campus. Data centers are the most significant contributors to the Ethernet switch market.
Key Players:
Key market players in the Germany Ethernet Switch market include Intel Corporation, Hewlett Packard Enterprise Development Lp, Huawei Technologies Co Ltd, Cisco Systems Inc., Beckhoff, Siemens, Schneider Electric, Phoenix Contact Gmbh & Co. Kg, Bressner Technology Gmbh, and Digicomm Gmbh.
Impact of COVID-19:
The COVID-19 pandemic had varying impacts on industries. In the case of Ethernet switches, the demand increased as companies allowed employees to work from home, highlighting the importance of robust network infrastructure.
Related: 2023 Smart Household Appliances Market Analysis – Forecast to 2027