Report ID : 1337237 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Managed Network Switches Market is categorized based on Type (Managed Ethernet Switches, Managed PoE Switches, Managed Layer 2 Switches, Managed Layer 3 Switches, Managed Multilayer Switches) and Application (Data Center, Enterprise Networking, Telecommunications, Industrial, Healthcare) and End-User (Small and Medium Enterprises (SMEs), Large Enterprises, Government, Education, Retail) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
As of 2023, the Managed Network Switches Market size stood at $12.5 billion and is expected to attain $25.8 billion by 2033, growing at a 7.8% CAGR from 2024 through 2033. The report includes diverse segments and offers an analysis of trends and factors substantially impacting the market.
The Managed Network Switches market is growing at a rapid pace due to the new technological advancements and the reliance of organizations on the IT infrastructure to meet their changing digital requirements. These devices are vital for improvement in data traffic, network performance, and control over the network. With the ease of doing business, the need for enhanced business connectivity switched on the supply of managed network switches which are now a basic accessory of IT setups.
With the explosion of cloud computing and the Internet of Things (IoT), the market for managed network switches is set to saw continuous growth with the added pressure of needing efficient and secure data handling. These companies are in the hunt for reliable IoT managed switches alongside looking for ways to store, manage, and remotely configure the network. This has driven great new product development competition that targets different vertical industries and markets which has led to diverse offering tailored by manufacturers for diverse industry needs.
In this context, the managed network switches market can offer advanced tools and great opportunities to increase Business value and require special attention. Our researchers studied the most recent trends and important players alongside other growth potential areas in the newest complex ever evolving market which arms enterprises with data to make deliberate decisions for their network.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Cisco Systems Inc., Juniper Networks Inc., Hewlett Packard Enterprise (HPE), Arista Networks Inc., NETGEAR Inc., D-Link Corporation, Brocade Communications Systems Inc., Extreme Networks Inc., TP-Link Technologies Co. Ltd., ZTE Corporation, Huawei Technologies Co. Ltd. |
SEGMENTS COVERED |
By Type - Managed Ethernet Switches, Managed PoE Switches, Managed Layer 2 Switches, Managed Layer 3 Switches, Managed Multilayer Switches By Application - Data Center, Enterprise Networking, Telecommunications, Industrial, Healthcare By End-User - Small and Medium Enterprises (SMEs), Large Enterprises, Government, Education, Retail By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Managed Network Switches Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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