Ethernet Switch Market Segments, Sales, Market Profits, Analysis and Forecast 2027
Ethernet switches are networking devices attached to the router via a special cable allowing you access to the internet through a modem. It functions as a central place for computers, printers, and other networked devices for communicating with each other. The global Ethernet switch market report by Market Research Future (MRFR) looks at the new products launched by enterprise and service providers and the new strategies for the period of 2017 to 2023 due to the sudden pandemic brought by COVID-19. Market Scope The global Ethernet Switch Market is expected to reach a size of USD 6.84 billion by the end of 2023. It can display a staggering 4.07% CAGR during the forecast period. The burgeoning telecommunication industry, proliferation of internet, use of smartphones, and evolution of communication networking technologies can fuel the market growth. Establishment of IT parks and investments by software behemoths for development of large applications can drive the demand ...