LAN Switch Market size is estimated to be USD 18.54 Billion in 2024 and is expected to reach USD 30.58 Billion by 2033 at a CAGR of 6.12% from 2026 to 2033.
The global LAN switch market has experienced substantial growth, with the Asia Pacific region playing a significant role. In 2024, the Asia Pacific network switches market was valued at approximately USD 7,707.81 million, accounting for around 23% of the global revenue, and is projected to grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031. Within this region, China led with a market size of USD 3,468.51 million in 2024 and a projected CAGR of 8.3% during the forecast period. Japans market was valued at USD 1,063.68 million in 2024, with a projected CAGR of 7.3%. Indias market stood at USD 924.94 million in 2024 and is expected to grow at a CAGR of 10.6%, reflecting the countrys expanding digital infrastructure and increasing investments in networking technologies. South Korea and Australia also demonstrated notable market sizes of USD 770.78 million and USD 400.81 million, respectively, in 2024, with projected CAGRs of 7.9% and 8.5%. Southeast Asias market was valued at USD 531.84 million in 2024, with a projected CAGR of 9.8%, indicating significant growth potential in the region.
In North America, the Ethernet switches market was valued at approximately USD 6,616.60 million in 2024, representing over 40% of the global revenue, with a projected CAGR of 6.2% from 2024 to 2031. The United States held a major share, with a market size of USD 5,220.50 million in 2024 and a projected CAGR of 6.0%. Canadas market was valued at USD 793.99 million in 2024, with a projected CAGR of 7.0%, while Mexicos market stood at USD 602.11 million, with a projected CAGR of 6.7%.
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Cisco
Hewlett Packard Enterprise
Dell
Ruckus Networks
NETGEAR
Juniper Networks
Alcatel-Lucent Enterprise
NEC Corporation
Extreme Networks
Arista Networks
ATEN INTERNATIONAL Co.
Ltd.
Avaya
IBM
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global LAN Switch Market
Managed LAN Switch
Unmanaged LAN Switch
Smart LAN Switch
24-Port LAN Switch
48-Port LAN Switch
8-Port LAN Switch
Enterprise
Data Center
Small & Medium Enterprises (SMEs)
Industrial
Layer 2 Switch
Layer 3 Switch
IT & Telecommunications
Healthcare
Retail
Education
Government
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global LAN Switch Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global LAN Switch Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global LAN Switch Market, By Type
6. Global LAN Switch Market, By Application
7. Global LAN Switch Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global LAN Switch Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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