The reason for the growth can be attributed to the fact that fixed configuration switches provide ethernet switching solutions for a variety of applications, including enterprise branch offices, campus, midsize companies, and small and medium-sized business (SMB), and provide access security, sustainability, operations excellence, and enhanced work experience. Fixed configuration switches include managed, unmanaged and PoE switches. The market for fixed configuration switches is expected to hold a larger share of the network switches market during the forecast period. The growth of the network switches market is driven by the augmented global demand for data centers coupled with need for simplified networking communication management and automation and growing investments in digital platforms.īrowse in-depth TOC on "Network Switches Market "īy type, the fixed configuration switches are projected to hold the larger share of the network switches market during the forecast period. 13, 2023 /PRNewswire/ - The network switches market is projected to grow from USD 33.0 billion in 2023 to reach USD 45.5 billion by 2028 it is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.6% from 2023 to 2028 according to a new report by MarketsandMarkets™.
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