(Telecom-NewsWire.Net, January 09, 2018 ) According to the new research report "Data Center Switch Market by Type (Core, Distribution, and Access), Technology (Ethernet, Fiber Channel, and InfiniBand), End User (Enterprise, Telecom, Government, and Cloud), Bandwidth, and Geography - Global Forecast to 2023", the data center switch market is expected to grow from USD 13.91 in 2018 to USD 17.69 Billion by 2023, at a CAGR of 4.92% between 2018 and 2023.
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The growth of this market is mainly driven by the need for simplified data center management and automation, high demand for cloud services, and surge in the internet multimedia content and web applications.
Market for access switches is expected to account for the largest size in 2017
The large market size of access data center switches is mainly attributed to a wide network connectivity offered by these switches to distribution layers as well as different end users. Access switches need more number of ports to move the data from one network to another so that the load can be balanced. Thus, these switches ensure connectivity between servers and networks.
Market for InfiniBand data center switches is expected to grow at the highest CAGR during the forecast period
The highest growth rate of InfiniBand switches is largely because of the high-bandwidth solution for each port under a competitive price that InfiniBand switches offer. To reduce the cost of data center switches and to meet the requirements for high bandwidth, low-latency computing, and storage and management over a single fabric, many customers from different industries look forward to adopt InfiniBand switches. However, there are only a few companies involved in the development of this technology as of now. Therefore, the market size for InfiniBand switch systems is small but is expected to grow at the highest CAGR in the next few years.
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