Cloud Managed Switches Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 5.6 Billion by 2030, growing at a CAGR of 14.1% from 2024 to 2030.
Throughout this period, cloud-managed switches became more sophisticated, offering better scalability, enhanced security features, and improved management capabilities. Organizations appreciated the flexibility and cost-effectiveness these switches provided, as they could manage their network infrastructure remotely without the need for on-premise hardware. According to industry reports, the global market for cloud-managed switches was valued at approximately $1.5 billion in 2022, with a projected growth rate of around 10% annually from 2023 to 2033.
Looking ahead, the demand for cloud-managed switches is expected to continue its upward trajectory, fueled by several factors. With the rapid shift to hybrid and remote work models, the need for secure and scalable network solutions is more critical than ever. Cloud-managed switches offer businesses the ability to deploy and monitor their network infrastructure from anywhere, making them a key enabler of these modern work environments. Furthermore, the increasing adoption of technologies like 5G, AI, and machine learning is expected to drive further demand for advanced networking solutions, which in turn will benefit the cloud-managed switch market.
The global market outlook from 2023 to 2033 reflects a dynamic shift in how businesses approach network management. As the market matures, key players are focusing on enhancing the functionality of cloud-managed switches, including integrating AI for automated network management, increasing security measures, and offering greater customization options for different industries. These advancements will ensure that cloud-managed switches remain at the forefront of the networking industry for the foreseeable future.
Get an In-Depth Research Analysis of the Global Cloud Managed Switches Market Size And Forecast [2025-2032]
The Cloud Managed Switches Market has experienced remarkable growth from 2018 to 2022, as businesses and organizations increasingly recognized the advantages of cloud-based solutions for their network management needs. In 2018, the market was still in its nascent stages, with a limited number of businesses transitioning from traditional network management systems to cloud-managed models. However, by 2022, the demand for these switches had skyrocketed, driven by the growing trend of digital transformation, the rise of IoT, and the expansion of cloud computing infrastructure across various industries.
NetGear
EnGenius
Cisco (Meraki)
Arista Networks
Zyxel
D-Link Corporation
Huawei
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Cloud Managed Switches Market
Small to Medium-sized Enterprise
Large Enterprise
Educational institutions
Others
Based on Types the Market is categorized into Below types that held the largest Cloud Managed Switches market share In 2023.
24-port Models
48-port Models
Others
Global (United States, Global 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 Cloud Managed Switches 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 Cloud Managed Switches Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cloud Managed Switches Market, By Type
6. Global Cloud Managed Switches Market, By Application
7. Global Cloud Managed Switches Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Cloud Managed Switches Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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