The North America Ethernet Switch Market would witness market growth of 4.0% CAGR during the forecast period (2023-2030).
The US market dominated the North America Ethernet Switch Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6,756.6 million by 2030. The Canada market is showcasing a CAGR of 6.3% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 5.4% during (2023 - 2030).
in an era of cybersecurity concerns, Ethernet switches protect against network vulnerabilities, unauthorized access, and data intrusions by incorporating sophisticated security features. Enhanced network visibility tools give administrators insights into network traffic, enabling proactive threat detection and mitigation. Enhanced network visibility tools give administrators insights into network traffic patterns and anomalies. This visibility is crucial for proactive threat detection and mitigation. Administrators can identify unusual behaviour and address potential security issues before they escalate.
Additionally, with a growing emphasis on environmental sustainability, Ethernet switch manufacturers focus on energy-efficient designs. Energy-efficient Ethernet (EEE) standards and smart power management features reduce power consumption during periods of low network activity, contributing to greener and more eco-friendly networking solutions. Ethernet switch manufacturers are incorporating low-power components and adopting energy-efficient design practices to minimize overall power consumption. This includes using power-efficient ASICs (Application-Specific Integrated Circuits), capacitors, and other components. Smart power management features allow switches to adjust their power usage based on network conditions dynamically. For example, switches can scale down power consumption during times of low traffic and scale up when there is increased demand. This adaptive approach optimizes energy usage without compromising performance.
In addition, Canada has witnessed a growing demand for high-speed internet connectivity, driven by remote work, digital transformation, and increased use of data-intensive applications. This demand will likely contribute to the expansion of Ethernet switches, which play a crucial role in facilitating high-speed data transmission within networks. According to the Canadian Radio-television and Telecommunication Commission data, Canadian telecommunications revenues totaled $53.4 billion in 2020, as Canadians used ever-increasing amounts of data through fixed Internet and mobile services. The retail fixed Internet sector performed relatively well compared to other telecom sectors, growing 4.3% to 14.1 billion dollars. Thus, rising data centers and telecommunication sector in North America will assist in the growth of the regional Ethernet switch market.
Free Valuable Insights: The Ethernet Switch Market is Predict to reach USD 25.1 Billion by 2030, at a CAGR of 4.6%
Based on Type, the market is segmented into Fixed Configuration and Modular. Based on Speed, the market is segmented into 1G, 10 G, 25 G, 40 G, 100 G and Others. Based on Configuration, the market is segmented into Managed L3, Managed L2, Smart, Unmanaged, and Divided. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Type
By Speed
By Configuration
By Country
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