네트워크 스위치 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the network switch market size is projected to expand from USD 38.19 billion in 2025 and USD 41.02 billion in 2026 to USD 60.88 billion by 2031, registering a CAGR of 8.16% between 2026 to 2031.

This report is Segmented by Switch Type (Fixed Configuration Switches, and Modular Switches), Port Speed (1 GbE and Below, 2. 5/5 GbE Multi-Gig, 10 GbE, and More), Power Capability (Non-PoE Switches, and PoE-Capable Switches), End-User (Cloud and Data Center Providers, Enterprise, Telecommunication Service Providers, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Global Network Switch Market Trends and Insights

Hyperscale Data Center Expansion

Hyperscale operators continue to add 15-20 GW of capacity, yet transformer shortages keep new builds in regulatory queues, prompting operators to over-provision networking in existing halls to raise compute density per watt. Rising GPU counts require non-blocking 800 GbE fabrics, reversing the multi-year decline in revenue per port. NVIDIA's Spectrum-X reached 95% network throughput in the xAI Colossus supercomputer by pairing Spectrum-4 switches with advanced congestion-control software. As a result, merchant-silicon vendors that lack AI-specific telemetry risk design-win losses at the spine layer.

Migration to Higher Port Speeds

Global shipments of 800 GbE optical modules grew 60% in 2025 as organizations running large-language-model inference moved beyond 100 GbE backbones. Arista's 7700R5 packs 32 800 GbE ports in one rack unit, enabling cloud operators to collapse three-tier fabrics into two tiers and cut latency by 30%. Co-packaged optics introduced by NVIDIA eliminate electrical-optical conversion and may cut energy per terabit by 40%. Software complexity rises because legacy network operating systems assume symmetrical speeds, pushing demand for intent-based automation that abstracts mixed link rates.

Price Pressure from White-Box ODM Switches

Hyperscalers save 20-30% by loading SONiC on bare-metal switches from Edgecore or Celestica, and the November 2025 release added 800 GbE support. Microsoft, Meta, and Google already run more than one million white-box devices, eroding gross margins for branded vendors. Juniper's 2025 sale to Hewlett Packard Enterprise aimed to bundle AI-native software with servers to combat commoditization. As SONiC matures with enterprise features like role-based access control, mid-market customers may also defect, compressing addressable revenue for premium products.

Other drivers and restraints analyzed in the detailed report include:

1. Integration of AI-Optimized Ethernet Fabrics
2. Proliferation of Cloud-Managed Networking Platforms
3. Semiconductor Supply-Chain Volatility

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Fixed configuration switches held 71.45% of the network switch market share in 2025, as enterprises continue to prioritize simplicity, ease of deployment, and lower upfront capital expenditure. Their plug-and-play nature and reduced need for specialized management expertise make them especially attractive for campus and branch environments with predictable workloads. Modular switches, however, are projected to expand at a 9.62% CAGR as operators increasingly focus on long-term investment protection and scalability. Platforms such as the 7800R4 from Arista Networks allow customers to incrementally add 400 GbE and 800 GbE line cards, enabling capacity upgrades without costly forklift replacements.

The calculus shifts significantly in AI-driven data center environments, where bandwidth demands grow exponentially, requiring more flexible architectures. In such scenarios, NVIDIA Corporation's Spectrum-X reference architecture emphasizes modular spine switches to efficiently support future scaling and east-west traffic expansion. Fixed-configuration switches still dominate top-of-rack deployments due to their cost efficiency and compact design, particularly in standardized rack environments.

Legacy 1 GbE-and-below accounted for 32.40% of the network switch market size in 2025, tied to campus endpoints. Ports rated 400 GbE and above are growing at a 10.61% CAGR, outpacing the network switch market by 245 basis points. Meanwhile, ports rated 400 GbE and above are expanding at a 10.61% CAGR, outpacing the overall market by 245 basis points, driven by hyperscale and AI-driven bandwidth requirements. The declining cost of optical transceivers has made the transition to higher speeds significantly more economical, accelerating enterprise willingness to adopt next-generation switching architectures.

Multi-gig 2.5/5 GbE uplinks are gaining traction in the WiFi 7 refresh cycle, where higher throughput and low latency are essential for supporting dense device environments and advanced applications. This trend is reflected in platforms like the Catalyst 9000X from Cisco Systems, Inc., which integrates 400 GbE uplinks alongside 48 multi-gig PoE++ ports to address evolving enterprise access needs. At the silicon level, innovations such as the Tomahawk 6 from Broadcom Inc. enable 800 GbE performance while maintaining power envelopes similar to those of earlier 400 GbE chips, thereby accelerating the obsolescence of slower switching tiers and pushing enterprises toward higher-capacity network infrastructure.

Complete Report Scope:

• By Switch Type
  • Fixed Configuration Switches
  • Modular Switches
• By Port Speed
  • 1 GbE and Below
  • 2.5/5 GbE Multi-Gig
  • 10 GbE
  • 25/40 GbE
  • 100 GbE
  • 400 GbE and Above
• By Power Capability
  • Non-PoE Switches
  • PoE-Capable Switches
• By End-User
  • Cloud and Data Center Providers
  • Enterprise (Commercial Offices & Campuses)
  • Telecommunication Service Providers
  • Government and Defense
  • Other End Users
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Russia
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia and New Zealand
    • Rest of Asia-Pacific
  • Middle East
    • Saudi Arabia
    • United Arab Emirates
    • Turkey
    • Rest of Middle East
  • Africa
    • South Africa
    • Nigeria
    • Rest of Africa

Geography Analysis

North America maintained 36.88% of global revenue in 2025, lifted by hyperscale footprints in Virginia, Oregon, and Texas, and by the USD 42.45 billion BEAD program that underwrites fiber aggregation switches at neighborhood nodes. Federal incentives amplify private spending as cloud operators co-locate edge facilities near funded fiber routes to lower content-delivery latency. Canada follows similar patterns through provincial broadband grants, albeit at smaller scale.

Asia-Pacific is the fastest-growing region at a 9.72% CAGR. India's planned USD 30-36 billion investment aims to lift tower fiberization toward 70%, triggering demand for aggregation switches in metro rings. China accelerates data-center construction in inland provinces as policy banks extend low-rate loans to AI start-ups that must keep their training data within national borders. Japan and South Korea deploy Time-Sensitive Networking for robotics, requiring deterministic Ethernet fabrics in private 5G campuses.

Europe is growing more slowly as the EcoDesign Directive forces costly ASIC redesigns to meet Tier 2 energy-efficiency targets. Germany and the Netherlands prioritize water-efficient cooling solutions, adding purchasing criteria that favor vendors with immersion-ready chassis. Southern European carriers focus on rural broadband, but macroeconomic headwinds curb capital intensity. In the Middle East, Saudi Arabia and the United Arab Emirates build AI-focused campuses with 800 GbE spines, while Africa upgrades mobile backhaul to 4G and early 5G, held back by unreliable grids and limited fiber.

1. Cisco Systems, Inc.
2. Arista Networks, Inc.
3. NVIDIA Corporation
4. Extreme Networks, Inc.
5. Hewlett Packard Enterprise Development LP
6. Huawei Technologies Co., Ltd.
7. Juniper Networks, Inc.
8. Dell Technologies Inc.
9. Broadcom Inc.
10. D-Link Corporation
11. NETGEAR, Inc.
12. Ubiquiti Inc.
13. Allied Telesis Holdings K.K.
14. Edgecore Networks Corporation
15. Ruijie Networks Co., Ltd.
16. Shandong New H3C Technologies Co., Ltd.
17. Zyxel Communications Corporation
18. Celestica Inc.
19. Buffalo, Inc.
20. QNAP Systems, Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Hyperscale Data Center Expansion
  • 4.2.2 Migration to Higher Port Speeds
  • 4.2.3 Proliferation of Cloud-Managed Networking Platforms
  • 4.2.4 Government Broadband Stimulus Funds
  • 4.2.5 Integration of AI-Optimized Ethernet Fabrics
  • 4.2.6 Rise of Private 5 G Campus Networks Requiring TSN
• 4.3 Market Restraints
  • 4.3.1 Price Pressure from White-Box ODM Switches
  • 4.3.2 Semiconductor Supply-Chain Volatility
  • 4.3.3 Energy-Efficiency Regulations Raising Design Complexity
  • 4.3.4 Skills Gap in High-Speed Optical Switching Technologies
• 4.4 Industry Value Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Impact of Macroeconomic Factors on the Market
• 4.8 Porter's Five Forces Analysis
  • 4.8.1 Threat of New Entrants
  • 4.8.2 Bargaining Power of Suppliers
  • 4.8.3 Bargaining Power of Buyers
  • 4.8.4 Threat of Substitutes
  • 4.8.5 Intensity of Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Switch Type
  • 5.1.1 Fixed Configuration Switches
  • 5.1.2 Modular Switches
• 5.2 By Port Speed
  • 5.2.1 1 GbE and Below
  • 5.2.2 2.5/5 GbE Multi-Gig
  • 5.2.3 10 GbE
  • 5.2.4 25/40 GbE
  • 5.2.5 100 GbE
  • 5.2.6 400 GbE and Above
• 5.3 By Power Capability
  • 5.3.1 Non-PoE Switches
  • 5.3.2 PoE-Capable Switches
• 5.4 By End-User
  • 5.4.1 Cloud and Data Center Providers
  • 5.4.2 Enterprise (Commercial Offices & Campuses)
  • 5.4.3 Telecommunication Service Providers
  • 5.4.4 Government and Defense
  • 5.4.5 Other End Users
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
  • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Russia
    • 5.5.3.6 Spain
    • 5.5.3.7 Rest of Europe
  • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 India
    • 5.5.4.4 South Korea
    • 5.5.4.5 Australia and New Zealand
    • 5.5.4.6 Rest of Asia-Pacific
  • 5.5.5 Middle East
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 Turkey
    • 5.5.5.4 Rest of Middle East
  • 5.5.6 Africa
    • 5.5.6.1 South Africa
    • 5.5.6.2 Nigeria
    • 5.5.6.3 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
  • 6.4.1 Cisco Systems, Inc.
  • 6.4.2 Arista Networks, Inc.
  • 6.4.3 NVIDIA Corporation
  • 6.4.4 Extreme Networks, Inc.
  • 6.4.5 Hewlett Packard Enterprise Development LP
  • 6.4.6 Huawei Technologies Co., Ltd.
  • 6.4.7 Juniper Networks, Inc.
  • 6.4.8 Dell Technologies Inc.
  • 6.4.9 Broadcom Inc.
  • 6.4.10 D-Link Corporation
  • 6.4.11 NETGEAR, Inc.
  • 6.4.12 Ubiquiti Inc.
  • 6.4.13 Allied Telesis Holdings K.K.
  • 6.4.14 Edgecore Networks Corporation
  • 6.4.15 Ruijie Networks Co., Ltd.
  • 6.4.16 Shandong New H3C Technologies Co., Ltd.
  • 6.4.17 Zyxel Communications Corporation
  • 6.4.18 Celestica Inc.
  • 6.4.19 Buffalo, Inc.
  • 6.4.20 QNAP Systems, Inc.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment