Digital Crosspoint Switches Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023
- Transparency Market Research
Digital crosspoint switches are considered as the next generation, advanced high speed packet switches. These switches are specifically designed for application in enterprise and metro networking systems for transferring digital information including data and voice traffic at a faster rate. Additionally, these switches are suited for broadcasting or transporting quality video data over the internet. Internet service providers, data centers, telecom central offices, and storage area networks utilizes or incorporates these switches, primarily for transporting digital information and data over public and private networks. Increasing penetration of internet in developing regions, along with evolving new applications, is creating new demand for high end digital crosspoint switches.
Some of the major factors driving the growth of global digital crosspoint switches market is owed to the explosion of digital information including video and voice traffic during the past few years. Exponential increase in quantity of data is leading to significant demand for broadband communication network. Efficient functioning of broadband communication network is aided by advanced digital crosspoint switches, driving the market growth during the forecast period. Additionally, digital crosspoint switches supports a large number of protocols particularly specific to the data centers. Ability of digital crosspoint switches to support several protocols, data streams and clock sources is considered as another major factor driving the global digital crosspoint switches market growth.
Demand for high quality, high speed data and video transport is driving evolution of broadband networks. These digital data within the data centers are moved to storage devices through public and private networks through regional and international locations at a rapid pace. This in turn is driving the demand for advanced high end digital crosspoint switches creating new opportunities for digital crosspoint switches market in future. Additionally, demand for less expensive, compact and powerful digital crosspoint switches is further paving new opportunities for new and existing players in the digital crosspoint switch market. Overall the global digital crosspoint switch market is expected to see a robust growth due to increase in investment in network infrastructure equipments and communication semiconductors during the forecast period.
On the basis of application of global digital crosspoint switches, the market can be categorized into: commercial, military, avionics, medical, and industrial among others. Major challenge faced by digital crosspoint switch manufacturers is to provide with higher data rate and larger number of ports to customers or end-users.
The market is segmented on the basis of geography into four regions: North America, Asia pacific, Europe and Rest of the world. Asia Pacific region have higher growth potential due to presence of developing countries such as India and China. Moreover, regions such as Africa and Latin America are expected to see a robust growth during the forecast period with expansion of telecom industry and increasing penetration of broadband network in these regions.
Some of the key players in this market are: Mindspeed Technologies Inc., Texas Instruments Inc., Analog Devices, Inc., and Vitesse Semiconductor Corporation. Other participants in the digital crosspoint switches market include: LSI Corporation, Hittite Microwave Corporation, Intersil Corporation, Lattice Semiconductor Corporation, Micrel Inc., Semtech Corporation and Maxim Integrated among others.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
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- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
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major market segments
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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