Global Network Switches Market 2017-2021

According to the global Simplistic Campus Network Solutions market research report released by Technavio, the market is expected to decelerate at a CAGR of approximately 3% until 2021. (Graphic: Business Wire)
LONDON--(BUSINESS WIRE)--According to the global network switches market research report released by Technavio, the market is expected to register a CAGR of approximately 3% during the forecast period. However, the growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth.

This research report titled ‘Global Network Switches Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.In 2016, the servers and storage providers segment accounted for around 40% of the network switches market share and is expected to dominate the global market throughout the forecast period.

Global network switches market: Top emerging trend

The implementation of open ethernet is an emerging trend in the network switches market. To gain a competitive edge in the market and to meet the growing business demands, the organizations are substituting traditional network infrastructure with modern ones, such as 10 GbE and 40 GbE switches. It is essential for the enterprises to adopt suitable software that interfaces with the hardware to provide higher efficiency, better quality, and high performance. The open ethernet offers an alternative approach to the traditional Ethernet switches. It provides complete flexibility and the opportunity to custom-design switches as per user requirement. These features assist in better utilization, efficiency, and improved ROI.Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
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