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Global Data Center Switch Market to Reach $28,709.2 Million by 2026

 
 

quote The global data center switch market is expected to witness considerable growth due to rise in demand for smart computing devices and increase in government regulations regarding the localization of data centers. The data center switch industry is projected to witness significant growth, especially in the emerging economies such as Asia-Pacific and LAMEA, owing to the growth of data centers in these regions. quote

Devendra Inamdar
Lead Analyst, Semiconductors & Electronics at Allied Market Research

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According to a recent report published by Allied Market Research, titled, "Global Data Center Switch Market by Port Speed, Technology, Switch Type, and Industry: Global Opportunity Analysis and Industry Forecast, 2019 - 2026," the global data center switch market size was valued at $12,865.2 million in 2018, and is projected to reach $28,709.2 million by 2026, registering a CAGR of 10.1% from 2019 to 2026.

The data center switch is an emerging technology with a new class of switch and networking infrastructure. The data center switch is a high-performance switch mainly for large enterprises and cloud providers who rely heavily on virtualization. It can be deployed throughout the data center or to anchor a two-tier (leaf-spine) or one-tier flat mesh or fabric architecture.

The current scenario of banking and financial sectors includes fragmentation in data centers and increased costs in developing data storage. Banks and financial institutions rely heavily on secure, highly available IT platforms for delivering various applications and services to customers, employees, and other organizational operations across departments, subsidiaries, and activities. The capability of performing banking transactions online and delivering personalized services has led to the introduction of new players in this industry. This in turn results in increased competition, which made data availability and reliability as important as the data itself, which ultimately drives the global data center switch market growth. In addition, the BFSI sector is the highest revenue generator in this industry.

Geographically, the data center switch market trends have been analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Japanese data center market has its own practices. For instance, Japan follows its own availability standards developed by the Japan Data Center Council, instead of the internationally recognized standards from organizations such as Uptime Institute and Telecommunications Industry Association (TIA). Japan is one of the leading data center hubs in this region having several data center clusters offering many colocation opportunities with 147 data centers, 183 service providers, and 4 network fabrics throughout the country. The major cities having data center presence in Japan are Tokyo, Osaka, and Nagoya. 

Based on data center switch market analysis, BFSI segment has generated the highest revenue in 2018 followed by manufacturing segment, which is estimated to be the fasted growing segment among the other industries mentioned in the report.

The Indian economy is expected to grow at a substantial rate in 2018 as the data center companies are planning to set up its infrastructure in the country. These companies are also encouraged by various initiatives such as Digital India and Make in India announced by the Indian government. The programs conducted can lead to the generation of vast amount of data, which is expected to drive the data center market in this region. In addition, the Indian data center market is growing due to demand from various sectors such as BFSI, IT & telecom, social media, and others. Moreover, numerous e-governance initiatives of center and state governments propel the growth of the data center market, which in turn boosts the growth of the data center switch market. 

Key Findings of the Data Center Switch Market :

  • Based on port speed, the 10G segment generated the highest revenue in the global data center market in 2018.
  • Based on technology, the ethernet segment generated the highest revenue in the market in 2018.
  • Based on switch type, the core switch type generated the highest revenue in the data center switch market.
  • Based on industry, the BFSI segment generated the highest revenue in the market in 2018.

The key data center switch market leaders profiled in the report include Arista Networks, Jupiter Networks, Huawei, Dell EMC, Mellanox, Cisco, Extreme Networks, Hewlett Packard Enterprise, Ericsson, and ZTE. These key players adopt several strategies such as new product launch & development, acquisition, partnership & collaboration, and business expansion to increase the data center switch market share during the forecast period. On January 2019, Huawei Technologies launched its first data center switch, which is built for the Artificial Intelligence (AI) era, a CloudEngine 16800. This product defines three features of data center switches in the AI era, including embedded AI chip, 48-port 400GE line card per slot, and the capability to evolve to the autonomous driving network. In addition, Huawei Technologies entered into an agreement with Beijing Federation of Supply and Marketing Cooperatives (Beijing Co-Op) to build cloud data center. This agreement also build a new high-precision federation of supply and marketing cooperatives.

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quote Data Center Switch Market by Port Speed (10G and below, above 10G up to 25G, above 25G up to 40G, above 40G up to 100G, and above 100G), Technology (Ethernet, InfiniBand, and Others), Switch type (Core, ToR Switch, and Others), and Industry (IT & Telecom, Government & Defense, BFSI, Retail, Manufacturing, Media & Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026 quote

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