According to a new report, published by KBV research, The Global Ethernet Switch Market size is expected to reach $25.1 billion by 2030, rising at a market growth of 4.6% CAGR during the forecast period.
The Modular segment is registering a CAGR of 5.9% during (2023 - 2030). Modular switches allow organizations to scale their network infrastructure based on evolving requirements. Scalable modules enable users to conveniently incorporate additional interfaces, features, or enhanced performance, thereby facilitating business expansion. Modular switches offer a high degree of customization. Users can choose and install specific modules based on their networking needs, such as different types of ports (fiber, copper), power-over-Ethernet (PoE), or advanced security features. Thus, the segment will expand rapidly in the coming years.
The 1G segment is leading the Global Ethernet Switch Market by Speed in 2022; thereby, achieving a market value of $10 billion by 2030. Many consumer devices, such as computers, laptops, and smart TVs, are still equipped with 1G Ethernet ports. As these devices proliferate, the demand for 1G switches remains. 1G switches are generally more affordable than their higher-speed counterparts. For budget-conscious organizations or those with specific bandwidth requirements, 1G switches may be a practical and cost-effective choice. Therefore, owing to these factors, the segment will witness enhanced demand in the upcoming years.
The Managed L2 segment is experiencing a CAGR of 4.8% during (2023 - 2030). Managed Layer 2 (L2) switches are known for their ability to operate at the data link layer of the OSI model, offering features such as VLAN (Virtual Local Area Network) support, link aggregation, and Quality of Service (QoS). These switches provide more control and configurability than unmanaged switches, making them suitable for businesses with complex networking needs. Hence, the segment will expand rapidly in the coming years.
Full Report: https://www.kbvresearch.com/ethernet-switch-market/
The North America region dominated the Global Ethernet Switch Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9.4 billion by 2030. The Europe region is anticipating a CAGR of 4.2% during (2023 - 2030). Additionally, The Asia Pacific region would exhibit a CAGR of 5.3% during (2023 - 2030).
By Type
By Speed
By Configuration
By Geography
Unique Offerings 
