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Router and Switch Market Trends

  • Report ID: GMI174
  • Published Date: Aug 2024
  • Report Format: PDF

Router and Switch Market Trends

A key trend in the router and switch market is the increasing adoption of high-speed, high-capacity devices to support growing data demands. The shift towards 400GbE and 800GbE connectivity is driven by the expansion of data centers, cloud computing, and AI applications, which require faster and more efficient data transfer. Advanced technologies such as Broadcom’s 5nm Qumran3D chips exemplify this trend, offering substantial improvements in bandwidth, scalability, and integrated memory solutions. Additionally, the integration of enhanced security features and programmable elements in these devices reflects a growing emphasis on robust network performance and protection in an increasingly complex digital landscape.
 

For instance, in December 2023, Broadcom unveiled the Qumran3D BCM88870, a 25.6Tbps switch/router chip built on a 5nm process. This advanced chip supports up to 800GbE port connectivity and features integrated HBM memory for high-speed packet processing. It offers scalable, low-power performance and supports multiple Ethernet standards, positioning it as a key player in next-generation networking.

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

Global industry size for router and switch was valued at USD 51.5 billion in 2023 and is anticipated to register over 5% CAGR between 2024 and 2032 due to the rapid evolution of technology and the surge in internet usage globally.

The residential segment in the router and switch market is expected to reach USD 25 billion by 2032, driven by expansion of high-speed internet access and the increasing popularity of smart home devices.

Router and Switch Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 24
  • Tables & Figures: 684
  • Countries covered: 21
  • Pages: 220
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