Home > Semiconductors & Electronics > Data Center > Data Center Infrastructure > Data Center Switch Market
Data Center Switch Market Size
- Report ID: GMI7366
- Published Date: Nov 2023
- Report Format: PDF
Data Center Switch Market Size
Data Center Switch Market was valued at USD 6.2 billion in 2022 and is projected to grow at a CAGR of over 13% between 2023 and 2032. With the growth in data traffic and the need for faster and more reliable data transfer, data center operators are constantly seeking higher bandwidth solutions. This drives the demand for data center switches with higher port speeds, low latency, and increased capacity to support applications and services with stringent performance requirements.
To that end, companies in this space are consistently innovating new products to meet these evolving requirements, thus contributing to the growth of the data center switch industry. For instance, in July 2023, Broadcom, addressing the need for 400G connectivity in enterprise data center top-of-rack (ToR) switches, introduced its software-programmable Trident 4-X7 Ethernet switch ASIC. This innovation aims to bring the power and capabilities enjoyed by cloud operators to enterprise data centers. The Trident 4-X7 integrates advanced hardware features for analytics, diagnostics, and telemetry, enabling organizations to automate data center operations. While it's a hardware solution, it's fully programmable, allowing seamless field upgrades to adapt to evolving data center requirements. Additionally, Broadcom is ensuring compatibility with the open-source SONiC network operating system.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Data Center Switch Market Size in 2022: | USD 6.2 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 13% |
| 2032 Value Projection: | USD 21.1 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 250 |
| Tables, Charts & Figures: | 388 |
| Segments covered: | Type, Technology, Port Speed, Organization Size, End-user and Region |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Increasing focus on energy efficiency will pave a healthy growth pathway for the data center switch industry. Data centers are under pressure to reduce energy consumption and lower their carbon footprint. These concerns have propelled the adoption of energy-efficient switches with advanced power management features, further creating a robust growth outlook for the data center switch market.
Citing an instance, in July 2023, DigitalBridge, the owner of Switch, revealed a substantial investment in Aware Super. This investment will enable Aware Super to expand its digital infrastructure investment portfolio. Switch's unique platform, featuring top-tier data centers and a commitment to a 100 percent carbon-neutral footprint, aligns with our mission to deliver robust, risk-adjusted returns to our 1.1 million members, all while responsibly managing real assets as owners and operators.
Frequently Asked Questions (FAQ) :
Data Center Switch Market Scope
