Web-Managed Switches Market Size By Product (2 Ports, 4 Ports, 8 Ports, 16 Ports 24 Ports, Above 24 Ports), By Component (Hardware, Software), By Enterprise Size (Small and Medium Enterprises, Large Enterprises), And Region For 2024-2031
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Web-Managed Switches Market Size By Product (2 Ports, 4 Ports, 8 Ports, 16 Ports 24 Ports, Above 24 Ports), By Component (Hardware, Software), By Enterprise Size (Small and Medium Enterprises, Large Enterprises), And Region For 2024-2031
Web-Managed Switches Market Valuation – 2024-2031
Rise in penetration of technologies such as Internet of Things (IoT), cloud services, and virtualization is increasing the data traffic, thereby demanding for high capacity storing data centers. This rising demand for data centers is likely to create lucrative opportunities for the Web-Managed Switches Market, enabling the market reach a valuation of USD 17.51 Billion over the forecast period 2031, by subjugating the revenue of USD 5.72 Billion in 2023.
Web-managed switches are network switches that can be configured and managed using a web-based graphical user interface (GUI) instead of integrating a command-line interface (CLI). This surge in demand enables the market to grow at a CAGR of 10.9% from 2024 to 2031.
Web-Managed Switches MarketDefinition/ Overview
Web-managed switches are also known as smart switches. These switches mostly function via web browsers, allowing a network to configure the switch and route local area network traffic based on priority. These smart switches are especially developed to deliver characteristics such as improved quality of service, increased security, loop detection, lower operating costs, less network downtime, broadcast storm management, and port trunking, among others. They are commonly employed in network applications needing high dependability, low latency, and maximum throughput.
What's inside a
industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
Which are the Drivers Encouraging the Adoption of Web-Managed Switches Market?
The adoption of network-managed switches in the network infrastructure is driven by the increasing complexity of modern networks, especially in medium-sized enterprises and commercial environments, demanding more complex and better managed network solutions. Internet-managed switches strike a balance between affordability and functionality, providing organizations with important features such as VLAN support, quality of service (QoS), and security features without the complexity of fully managed switches.
Also, the need for remote control by empowering the network switches with the management and monitoring capabilities is another market growth factor. As distributed workforces and remote offices grow, the need to manage and troubleshoot network infrastructure from anywhere is proving tedious for IT administrators. Thus, web-managed switches offer intuitive web-based user interfaces allowing administrators to remotely configure and monitor network settings, improving operational efficiency and reducing the need for on-site maintenance.
As cyber threats are becoming more prominent, organizations are integrating network security to protect sensitive data. The VLANs (Virtual LANs), access control lists (ACLs), and port security features offered by web-managed switches help enhance network security, enabling the market grow over the forecast period.
Furthermore, web-managed switches are designed to be scaled to accommodate growing network needs basic management functionalities at an affordable price point compared to fully managed switches with advanced features, thereby making them suitable for cost-conscious businesses and organizations. The user-friendly nature of this technology configures and monitor the switches from any web browser, eliminating the need for complex command-line interfaces (CLIs). This reduces the complexity of network management tasks and the need for specialized technical expertise.
How will the Scalability Limitation of Web-Managed Switches Impact the Market?
Although network managed switches provide essential features for network management, they may lack some of the advanced features found in fully managed switches. Organizations with complex networking requirements may find themselves limited by the capabilities of web-managed switches, requiring more advanced alternatives which are expensive. Thus, pricing of web-managed switches is lowering its acceptance by various businesses.
Th scalability and port limitations of web-managed switches are likely to lower its application. Density and control properties. As organizations grow and their network requirements evolve, they can exceed the capacity of network switches, leading to the need to move to scalable solutions. The constant change in capacity is thereby demanding advanced solutions, resulting in a negative impact on the market.
Web-based management interfaces contain potential security holes if not properly secured. Unauthorized access to the web interface can result in configuration changes, network interruptions or data breaches. Securing network-managed switches requires strong authentication mechanisms, encryption protocols, and regular security updates.
Although web-based user interfaces are generally more user-friendly than the command-line interfaces (CLI) found on fully managed switches. Organizations may require additional training or expertise to properly configure and optimize their network-managed change infrastructure.
Category-Wise Acumens
How will Size of the Enterprise Benefit the Web-Managed Switches Market?
As per , the small and medium enterprises segment is projected to grow at a rapid rate over the forecast period. Web-managed switches offer a cost-effective solution for small and medium-sized businesses with limited budgets. However, they still require basic network management skills, demanding assistance from skilled professionals. Web-managed switches provide a middle ground by providing basic VLAN configuration functions, Quality of Service (QoS) settings, and security protocols through an intuitive web-based user interface. This enables MSEs to effectively manage their networks without highly skilled IT staff or extensive training.
Scalability and flexibility for large enterprises and large enterprises have more complex network needs than SMBs and MSEs, network switches can however, your part of your network infrastructure. These switches are often scalable and flexible enough to meet the growing demands of large enterprises, especially in branch offices, remote locations or departments with less stringent requirements for advanced network capabilities. Large enterprises can deploy web-managed switches as part of a hybrid network strategy that complements fully managed switches in critical locations and reduces costs in less critical parts of the network.
Easy deployment and management for businesses of all sizes in web-managed switches offer simpler deployment and management compared to fully managed switches regardless of company size. Their web-based user interfaces are intuitive and user-friendly, so even non-technical personnel can perform basic configuration tasks and monitor network performance. This ease of use makes network switches suitable for businesses of all sizes, enabling faster deployments and reducing the burden on IT staff.
Will the Affordability of 2 Ports Enhance the Growth of Web-Managed Switches Market?
The 2 ports segment is projected to hold a major share in the global Web-Managed Switches Market over the forecast period. This growth is attributable to the affordability and user-friendliness features that is projected to increase its wide range application.
Additionally, the 2 ports switches are designed to offer essential functionalities like VLANs, port security, and traffic prioritization to serve the basic management needs of businesses and organizations of all sizes.
Increase in the cyberthreats is surging demand for security enhancing solutions, like web-managed switches. These switches help restrict unauthorized access to the specific ports on the switches, thereby increasing their application across wide range of businesses.
Gain Access into Global Web-Managed Switches Market Report Methodology
Country/Region-wise Acumens
Which Region is Dominating in Web-Managed Switches Market?
According to analyst, North America currently dominates the web-managed exchange market. This dominance can be attributed to several factors. North America is home to a large number of incumbents and technology companies that have invested heavily in network infrastructure. These organizations are increasingly adopting network switches to streamline their network management processes, improve operational efficiency and security. North America has a highly developed IT infrastructure and a strong focus on innovation and technology adoption. This favorable environment encourages the rapid adoption of advanced networking solutions, including Internet switches, to support the growing demands of businesses in various sectors.
The region’s regulatory environment often emphasizes security and compliance, leading organizations to invest in networking solutions that provide strong security and compliance. Web-managed switches with integrated security features and remote management capabilities fit these requirements well. The growing trend of telecommuting and increasing reliance on cloud-based services in North America will further increase the demand for web-managed switches. These switches enable organizations to effectively manage their networks from anywhere, supporting remote workforce productivity and ensuring seamless connectivity to cloud resources.
Which Region Exhibits Rapid Growth in the Web-Managed Switches Market?
The APAC region is experiencing rapid growth, with countries such as China, India, Japan, South Korea and Singapore leading the way. Increasing investment in the infrastructure, including IT and networking solutions, to support their growing business environment is bolstering the integration of web-managed switches.
APAC countries are embracing digital transformation initiatives across industries, driving demand for advanced networking solutions. Enterprises are increasingly relying on web- managed switches to optimize their network infrastructure, improve connectivity and operational efficiency. The region is home to a thriving ecosystem of small and medium-sized enterprises (SMEs) and startups. These companies often have limited IT budgets and resources, but require scalable and cost-effective networking solutions. Internet switches offer an attractive option for such organizations by providing essential management functions at an affordable price.
APAC countries are rapidly adopting cloud-based services and applications to increase the innovation and flexibility of their operations. Web-managed switches play an important role in supporting cloud connectivity and ensuring seamless access to cloud resources from distributed locations.
Competitive Landscape
These companies have been successful in capturing a significant share of the web managed switches market through their strong product offerings, customer-focused approach, and continuous innovation. With the growing demand for networking solutions, these players are expected to continue their market growth and solidify their positions in the Web-Managed Switches Market.
Some of the prominent players operating in the Global Web-Managed Switches Market include
Cisco Systems Inc., Hewlett Packard Enterprise (HPE), Juniper Networks Inc., NETGEAR Inc., Dell Technologies Inc., TP-Link Technologies Co. Ltd., D-Link Corporation, Allied Telesis Inc., Ubiquiti Inc., Zyxel Communications Corp., Extreme Networks Inc., Aruba Networks, Hewlett Packard Enterprise company, MikroTik, Brocade Communications Systems Inc., Tenda Technology Co. Ltd.
Latest Developments
- In January 2024, Celgard announced a major expansion of its Charlotte production site, which would enhance battery separator capacity and generate new jobs. This development will help address the growing demand for lithium-ion battery separators in the electric car sector.
- In January 2024, SEMCORP developed a “sandwich-structured” functional separator for sodium-ion batteries with the goal of contributing to their industrialization. This separator provides increased safety, durability, and efficiency.
- In January 2024, Toray Industries announced the development of a new battery separator production line in Japan, with plans to raise capacity by 20% by 2026. This expansion is fueled by the increasing demand for electric automobiles.
- In January 2024, Hitachi Chemical announced its intentions to invest $1.2 billion in a new battery separator production factory in the United States, with an expected start-up date in 2025. This expansion aims to serve the burgeoning North American electric vehicle industry.
- In February 2023, Asahi Kasei and Lithion Battery, Inc. announced a strategic collaboration to jointly develop battery separators for next-generation lithium-ion cells using Lithium Iron Phosphate (LFP) cathode material. This collaboration intends to fulfil the growing demand for reliable power in energy storage systems for a variety of applications.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2018-2031 |
Growth Rate | CAGR of ~10.9% from 2024 to 2031 |
Base Year for Valuation | 2023 |
Historical Period | 2018-2022 |
Forecast Period | 2024-2031 |
Quantitative Units | Value in USD Billion |
Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
Segments Covered |
|
Regions Covered |
|
Key Players |
|
Customization | Report customization along with purchase available upon request. |
Web-Managed Switches Market, By Category
Product
- 2 Ports
- 4 Ports
- 8 Ports
- 16 Ports
- Above 24 Ports
Component
- Hardware
- Software
Enterprise Size
- Small and Medium Enterprises
- Large Enterprises
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
• In case of any please connect with our sales team, who will ensure that your requirements are met.