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SMALL BUSINESS NETWORK SWITCHES MARKET ANALYSIS

Small Business Network Switches Market, by Type (Fixed Port Switch and Modular Switch), by Application (8-Port, 16-Port and 24-Port), by Switching Port (10 GbE, 100 ME & 1 GbE, 40 GbE and 100 GbE), by End User (Telecommunication Providers, Servers & Storage Providers and Enterprise & Industrial Use), and by Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Market Challenges And Opportunities

Network switches are expected to aid growth of the global small business network switches market over the forecast period, owing to increasing demand for switches from small manufacturing businesses. Additionally, IT decision makers are investing in Ethernet infrastructure due to maturing IT architectures and macro-economic developments, which is augmenting demand for switches for small business network across the globe.

Rapid growth in the real estate industry has led to rising demand for small business network modular switches

Construction activities around the globe are projected to grow at a significant rate. Moreover, government rules and regulations regarding the installation of modular switches in residential and commercial establishments, and growing inclination of end users towards feature-laden modular switches are some of the factors that are expected to encourage contractors and builders to implement modular switches in their construction projects. Furthermore, rise in the number of data centers operated by cloud-based solution providers, telecommunication service providers, and government agencies is projected to propel demand for small business network switches. Furthermore, high requirement for efficient management of telecom services and growth in internet penetration worldwide are expected to boost the global small business network switches market growth during the forecast period.

Furthermore, increasing application of cloud-based services and big data analytics in various end-user segments is likely to influence demand for data centers across the globe. This increase in data centers is projected to fuel adoption of network switches during the forecast period. However, bandwidth fluctuation and device compatibility issues are expected to hinder the growth of the global small business network switches market.

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