GLOBAL ETHERNET SWITCHES MARKET ANALYSIS

Market Challenges And Opportunities

Advancements in technology is the major factor driving growth of the Ethernet switch market
Advancements in technology such as big data and cloud computing, is increasing the accessibility to internet for personal purpose, commercial as well as industrial purposes. For IT organizations, big data is used for purposes other than for deploying new application or software, such as Hadoop. These advancements increase the demand for new system designs, administrative skills, and data management strategies in the IT domain. Cloud data applications, including Hadoop, Big Data applications, are distributed applications running on server clusters with many-to-many communication patterns. The key to achieving predictable performance for these distributed applications, is to provide consistent network bandwidth and latency to various traffic flows. This in turn, increases the demand for Ethernet switches, thus boosting growth of the Ethernet switches market.

The increased demand for high speed networks is another factor boosting growth of Ethernet switch market:

Rising inclination towards digitalization over the recent past, is increasing the number of internet users globally. Growing demand for high speed internet is essential for building efficient communication network infrastructures. For instance, according Coherent Market Insights, in 2016 the average internet speed in India was 6.6 Mbps and is projected to reach 18.2 Mbps by 2021. Furthermore, according to the India Brand Equity Foundation (IBEF), in December 2017, India was accounted as the second-highest in terms of number internet users, with 445.96 million internet subscribers Moreover, as per a report by Internet and Mobile Association of India (IMAI), the number of internet users in India is expected to reach 500 million by June 2018. This in turn, is expected to increase the demand for faster internet services, thus increasing the demand for Ethernet switches, being an integral part of the communication networks.