Global Ethernet Switch and Router Market 2018-2022
About Ethernet Switch and Router
An ethernet switch is used to create a network. It acts as a controller and enables networked devices to communicate with each other. Routers help in connecting to the computer network. They choose the best path for transmission so that information can be received quickly.
Technavio’s analysts forecast the global ethernet switch and router market to grow at a CAGR of 5.79% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global ethernet switch and router market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Ethernet Switch and Router Market 2018-2022
Technavio recognizes the following companies as the key players in the global ethernet switch and router market: Arista Networks, Broadcom, Cisco, Huawei Technologies, Juniper Networks, and ZTE.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is improved features of ethernet switches and routers. With the growing demand for secure transmission of data, vendors in the industrial ethernet switch are focusing on offering improved features of ethernet switches and routers such as guest access, parental control, and traffic meters.”
According to the report, one driver in the market is enterprises are increasingly migrating to the cloud platform. To manage information effectively, organizations generating a significantly huge volume of data and files are taking the help of third-party cloud service providers to move the data off-premises.
Further, the report states that one challenge in the market is ethernet switches and routers are difficult to configure and use. Ethernet switches and routers are used in data centers, campuses, enterprises, and households. Unmanaged ethernet switches are difficult to configure and use. The installation process of switches and routers is complicated because it involves a number of subprocesses.