Switzerland Data Center Networking Market Size
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.36 Billion |
| Market Size (2029) | USD 0.43 Billion |
| CAGR (2024 - 2030) | 3.35 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Switzerland Data Center Networking Market Analysis
The Switzerland Data Center Networking Market size is estimated at USD 0.36 billion in 2024, and is expected to reach USD 0.43 billion by 2029, growing at a CAGR of 3.35% during the forecast period (2024-2029).
The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
- The upcoming IT load capacity of the Switzerland market is expected to reach 450 MW by 2029. The country's construction of raised floor area is expected to increase more than 1.7 million sq. ft by 2029.
- The country's total number of racks to be installed is expected to reach 88,200 units by 2029. Zurich is expected to house the maximum number of racks by 2029.
Switzerland Data Center Networking Market Trends
IT & Telecommunication Segment to Hold Major Share in the Market
- The growth in this sector is primarily fueled by the surge in telecom subscribers and the rising number of smartphone users, which in turn generate an abundance of data. This increased data consumption is driving the demand for data center network solutions in the country.
- Social media users in Switzerland reached 7.54 million, with a 6.2% growth, adding 440 thousand users between 2021 and 2022. These trends are indicative of the mounting data traffic, as people spend more time on their smartphones and digitalization continues to expand across various user segments. Consequently, the need for data center solutions is on the rise to accommodate this increased demand.
- Furthermore, the increasing demand for 4G services and the ongoing expansion of infrastructure to support 5G services are further propelling the usage of data centers. As data generation keeps surging, so does the requirement for robust backup and storage solutions, which align with the growing number of network solutions within data centers.
- The burgeoning adoption of AI, IoT, and big data workloads is also a driving force behind the demand for advanced data center network infrastructure solutions. This trend empowers providers to continuously enhance their network portfolios, ensuring adaptability to the evolving environment while delivering enhanced efficiency, scalability, and reliability.
- In addition to these factors, the substantial growth of mega data centers, the high penetration of 100GB switch ports, the ongoing development of broadband, the increasing demand for high-speed internet, and the expansion of internet infrastructure are all contributing positively to the overall market growth.
Ethernet Switches to Hold Significant Share in the Market
- Ethernet technology serves as a versatile and efficient solution for addressing the escalating connectivity demands within data centers, driving the need for high-bandwidth switches.
- This growth is primarily attributed to its operational flexibility, ranging from 10 Mbit/s to 400 Gbit/s. For instance, residential high-speed Internet services currently offer speeds of approximately 60 Mbps for copper-based connections, while fiber-optic services can deliver near-gigabit ethernet speeds. This has resulted in a sharp uptick in the demand for ethernet technology, further fueling the adoption of ethernet switches.
- The utilization of ethernet switches is anticipated to surge due to the widespread integration of power over ethernet (PoE) across various applications, the expanding scope of internet connectivity, the evolution of cloud networks, and the integration of home and business networks.
- Moreover, the increased investments in the IT sector, the ongoing digital transformation, and the expansion initiatives undertaken by numerous enterprises, including those in telecommunications, data centers, and cloud computing, are propelling the use of ethernet switches in the country.
- Ethernet switches are employed across a diverse range of applications in industrial infrastructure, such as smart grids, surveillance and security systems, smart rail and transportation networks, and various utilities. These switches play a pivotal role in substation automation within smart grids by simplifying the cabling intricacies and reducing tension between power transmission and distribution devices within a substation.
Switzerland Data Center Networking Industry Overview
The data center industry is undergoing a transformation marked by increasing fragmentation as both established vendors and newcomers contend with fierce competition. The rise of cloud computing has enticed fresh investors eager to leverage the sector's success. Prominent players in the market include Cisco Systems Inc., VMware Inc., Huawei Technologies Co. Ltd, NVIDIA (Cumulus Networks Inc), and Dell EMC.
July 2023: Broadcom introduced a new software-programmable Trident 4-X7 Ethernet switch ASIC aimed at enhancing the support for 400G connectivity, frequently utilized by cloud operators within enterprise data centers.
In June 2023, Cisco Inc. introduced the Cisco Nexus 9800 Series modular switches, expanding the Cisco Nexus 9000 Series portfolio with a new chassis designed to support high-speed and high-port-density line cards.
Switzerland Data Center Networking Market Leaders
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Cisco Systems Inc.
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VMware Inc.
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Huawei Technologies Co. Ltd.
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NVIDIA
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Dell EMC
*Disclaimer: Major Players sorted in no particular order
Switzerland Data Center Networking Market News
- April 2024: Vantage Data Centers is establishing its second campus in Switzerland. This carrier-neutral campus, located 30 kilometers north of Zurich's City Center in Glattfelden, will encompass a total of 226,000 square feet (21,000 sqm) of space and will provide a critical IT capacity of 24MW. The company is making a significant investment of more than CHF 370 million (USD 405 million) into this project, underscoring its commitment to expanding its infrastructure and services in the region.
- October 2023: Swiss data center provider Green has announced the start of construction for two new data centers, N and O, at the Metro-Campus Zurich. These new facilities will add 11,600 square meters of data center space to the campus.
Switzerland Data Center Networking Market Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption & Market Definition
1.2 Scope of the Study
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Utilization of Cloud Storage is Driving the Market Growth
4.2.2 Rising Need for Backup and Storage is Expanding the Market Demand
4.3 Market Restraints
4.3.1 Lack of Skilled Professionals is Hindering the Market Demand
4.4 Value Chain / Supply Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Assessment of COVID-19 Impact
5. MARKET SEGMENTATION
5.1 By Component
5.1.1 By Product
5.1.1.1 Ethernet Switches
5.1.1.2 Router
5.1.1.3 Storage Area Network (SAN)
5.1.1.4 Application Delivery Controller (ADC)
5.1.1.5 Other Networking Equipment
5.1.2 By Services
5.1.2.1 Installation & Integration
5.1.2.2 Training & Consulting
5.1.2.3 Support & Maintenance
5.2 End-User
5.2.1 IT & Telecommunication
5.2.2 BFSI
5.2.3 Government
5.2.4 Media & Entertainment
5.2.5 Other End-Users
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Cisco Systems Inc.
6.1.2 Juniper Networks Inc.
6.1.3 VMware Inc
6.1.4 Huawei Technologies Co. Ltd.
6.1.5 Extreme Networks Inc.
6.1.6 NVIDIA (Cumulus Networks Inc.)
6.1.7 Dell EMC
6.1.8 NEC Corporation
6.1.9 IBM Corporation
6.1.10 HP Development Company, L.P.
- *List Not Exhaustive
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
Switzerland Data Center Networking Industry Segmentation
Data center networking refers to the set of technologies, protocols, and hardware used to connect physical and network-based devices and manage the network infrastructure, storage, and processing of applications and data. Data center networking is very critical for 100% uptime of data centers. In the current web-connected world, business workloads are executed on single computers, hence leading to the need for data center networking. Networks provide servers, clients, applications, and middleware with a standard plan to stage the execution of workloads and also to manage access to the data produced.
The Switzerland data center networking market is segmented by component type, including product (ethernet switches, router, storage area network (SAN), application delivery controller (ADC), and other networking equipment) and services (installation & integration, training & consulting, and support & maintenance). It caters to various end-users such as IT & telecommunications, BFSI, government, media & entertainment, and other end-users.
The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Component | |||||||
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| End-User | |
| IT & Telecommunication | |
| BFSI | |
| Government | |
| Media & Entertainment | |
| Other End-Users |
Switzerland Data Center Networking Market Market Research Faqs
How big is the Switzerland Data Center Networking Market?
The Switzerland Data Center Networking Market size is expected to reach USD 0.36 billion in 2024 and grow at a CAGR of 3.35% to reach USD 0.43 billion by 2029.
What is the current Switzerland Data Center Networking Market size?
In 2024, the Switzerland Data Center Networking Market size is expected to reach USD 0.36 billion.
Who are the key players in Switzerland Data Center Networking Market?
Cisco Systems Inc., VMware Inc., Huawei Technologies Co. Ltd., NVIDIA and Dell EMC are the major companies operating in the Switzerland Data Center Networking Market.
What years does this Switzerland Data Center Networking Market cover, and what was the market size in 2023?
In 2023, the Switzerland Data Center Networking Market size was estimated at USD 0.35 billion. The report covers the Switzerland Data Center Networking Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Switzerland Data Center Networking Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
Switzerland Data Center Networking Market Industry Report
Statistics for the 2024 Switzerland Data Center Networking market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Switzerland Data Center Networking analysis includes a market forecast outlook to for 2024 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
