End-User (Government, IT & Telecom, Retail, BFSI, Enterprise)
The global market is segmented and analyzed for demand and supply by end user into government, IT & telecom, retail, BFSI, enterprise, and others. Among these, the IT & telecom segment is expected to hold the largest share over the forecast period. This can be attributed to the IT sector needs hyperscale data centers and on-premise private data storage for its operations, depending on the size of the company. Additionally, as SaaS providers have proliferated, cloud storage has grown in popularity. Moreover, a large amount of data is generated in the IT and telecom sectors which increases the demand for data centers and other solutions. Therefore, it is anticipated to boost the growth of the segment by the end of 2037. For instance, there are currently 29,999 or more SaaS companies functioning worldwide.
Technology (Fiber Channel, Ethernet, InfiniBand)
The global data center switch market is also segmented and analyzed for demand and supply by technology into fiber channel, ethernet, and fiber channel. Amongst these three segments, the ethernet segment is expected to garner a significant share in the year 2037. The growth of the segment in the market can be attributed to the high scalability provided by ethernet switches. Moreover, managed ethernet switches are able to meet the data center increasing connectivity requirements with higher bandwidth. In addition, the ethernet switch solutions are the most preferable option for large-scale data centers that need better internet connectivity and storage capacity. Hence, all these factors are predicted to surge the segment’s growth by the end of 2037.
Our in-depth analysis of the global market includes the following segments:
By End User |
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By Switch Type |
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By Technology |
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Author Credits: Abhishek Verma
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