▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

United States Data Center Switch Analysis Report 2024: Market Poised for Growth, Expected to Reach USD 13.41 Billion by 2029 - ResearchAndMarkets.com

The "United States Data Center Switch Market, By Region, Competition Forecast & Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com's offering. The United States Data Center...

Business Wire

DUBLIN: The "United States Data Center Switch Market, By Region, Competition Forecast & Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com's offering.

The United States Data Center Switch Market has demonstrated a formidable growth trajectory, with valuations climbing from USD 9.42 Billion in 2023 to an anticipated USD 13.41 Billion by 2029. This robust expansion, calculated at a CAGR of 5.91%, is largely driven by the escalating demand for high-speed connectivity and the progression of digital transformation initiatives across multifarious industries.

Key Growth Catalysts

Underpinning the market's acceleration is the burgeoning need for advanced networking solutions to support the proliferation of cloud computing, big data analytics, and IoT implementations. Data center switches form the backbone of seamless server and storage device communication. Innovations such as SDN and NFV are revolutionizing network architectures, empowering organizations with enhanced agility and scalable solutions. Furthermore, the urgency for fortified security protocols in the face of increasingly sophisticated cyber threats has propelled the need for switch solutions with advanced security features.

Regional Market Dynamics

The Northeast region of the United States has emerged as a dominant force, propelled by a strong infrastructure presence and the clustering of data centers in metropolitan areas known for their technology and financial entities, which demand high-performance switching capabilities for their operations. Additionally, investments in 5G and cloud services, together with an impetus on innovative technologies like SDN and NFV, are contributing to the region's prominence in the data center switch market.

Competitive Landscape

The market landscape is intensely competitive, with key players such as Cisco Systems, Inc., Arista Networks, Inc., and Hewlett Packard Enterprise Company leading the charge in providing cutting-edge data center switch solutions. These market participants are continually engaged in technological advancements and strategic collaborations to secure their market positions and address the evolving needs of diverse end-user industries.

Future Market Directions

An upward trajectory is envisaged for the market as it adapts to transformative trends, such as the pervasive deployment of 5G technology, which demands high-capacity networking equipment. The increasing emphasis on cybersecurity and the growth of SDN are likely to be significant trends steering the market forward. As organizations and industries deepen their reliance on data-centric operations, the United States Data Center Switch Market is poised for sustained growth and innovation.

Key Attributes:

Report Attribute Details
No. of Pages 88
Forecast Period 2023 - 2029
Estimated Market Value (USD) in 2023 $9.42 Billion
Forecasted Market Value (USD) by 2029 $13.41 Billion
Compound Annual Growth Rate 5.9%
Regions Covered United States

Companies Featured

  • Cisco Systems, Inc.
  • Arista Networks, Inc.
  • Mikrotikls SIA
  • Hewlett Packard Enterprise Company
  • Juniper Networks, Inc.
  • Dell Technologies Inc.
  • Extreme Networks, Inc.
  • Nokia Corporation
  • Huawei Technologies Co., Ltd.
  • ZTE Corporation

For more information about this report visit https://www.researchandmarkets.com/r/1hle9a

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Chris Catanzaro of Halcyon Recognized on the 2025 CRN® Channel Chiefs…

Halcyon, a leading platform designed from day one to defeat ransomware, today announced that CRN®, a brand of The Channel Company, has named Chris Catanzaro,…

Northern Trust Universe Data: Strong 2024 Performance for U.S. Institutional…

#assetmanagement--Strong U.S. equity market returns were offset by weakness in the bond market and global stocks in the fourth quarter of 2024, generating…

SurePeople Democratizes Workplace Assessments—Now Free for All Employees,…

For decades, workplace assessments have been reserved for leaders and managers, until now. Today, SurePeople announces free access to Prism, a proprietary…

Cheesecake Labs Opens San Francisco Office, Secures #1 Spot in Mobile…

Cheesecake Labs, a global leader in mobile and web app development, has announced significant milestones in its 2025 expansion strategy, including the…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!