Navigating the Network Switches Market: Exploring Trends and Growth Prospects The Network Switches Market is expected to rise significantly, from USD 33.0 billion in 2023 to USD 45.5 billion by 2028. This increase is the result of a 6.6% Compound Annual Growth Rate (CAGR) during the projected period. The market's upward trend is ascribed to multiple factors, such as the growing need for modular and fixed configuration switches among different end-user segments. The market is expanding due to technological developments as well, especially in high-speed switching ports with a range of 100 MBE & 1 GBE to 200 GBE & 400 GBE. Global demand for network switches is also being fueled by the growing use of networking solutions in sectors like IT, telecommunications, healthcare, BFSI, and others. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=18720083 Network Switches Market Size Market Players Major vendors in the Network Switches Companies include Cisco Systems (US), Huawei Technologies (China), HPE Aruba (US), Juniper Networks (US), Arista Networks (US), NETGEAR (US), D-Link Corporation (US), Extreme Networks (US), NVIDIA Corporation (US), TRENDnet (US), Lantronix (US). Apart from this, Alcatel Lucent Enterprise (France), Dell Technologies (US), Pica8, Inc. (US), Larch Networks (US), STORDIS (Germany), IP Infusion (US), Buffalo Americas, Inc. (US), Linksys (US), TELEFLY Telecommunications Equipment Co., Ltd. (China), Allied Telesis (Japan), Moxa (Taiwan) are among a few emerging companies in the network switches market. Inquire Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=18720083 Network Switches Market Size Dynamics: Drivers: Augmented global demand for data centers Thanks to the development of cutting-edge technologies like 5G, AI, and the Internet of Things, data centres are becoming essential in today's digital environment. With a projected remarkable growth rate of 7.5%, the global data centre industry is expected to rise at a strong pace. The market is expected to rise to USD 209.8 billion by 2032 from a size of USD 101.79 billion in 2022. The primary cause of this increase is the growing need for cloud migration, which is propelling the global construction of data centres. As a result, to keep up with the increasing demand, large data centre operators are expanding their infrastructure. It is noteworthy that in 2021, the data centre market in the United States alone grew at an exponential rate, consuming 500 megawatts (MW) of space.