According to a report released by 6Wresearch, India’s Ethernet Switch Market shipment value has reached around $200 million in CY Q1 2016. TP-LINK and Cisco captured major share of the market with 34% of share.
The increase in the number of internet users and the adoption of advanced network solutions by the corporate and enterprise segment are the main drivers attributed to this growth. The sales of Ethernet switch in India also hiked because of technological advancements in communication and networking industry.
Besides TP-LINK and CISCO, players such as Juniper, Hewlett Packard, D-LINK and Netgear also lead in the market. According to 6Wresearch, 30+ vendors have shipped Ethernet switches in India. Around seven OEMs shipped above 5,000 Ethernet switches.
“Increasing digital connectivity across tier 2 and tier 3 cities, rising penetration of 3G/4G technology, and decline in average selling price of these devices have led to the growth of India Ethernet Switches Market,” commented Anuj Mehrotra, Senior Research Analyst, 6Wresearch-India Electronics Division.
“Additionally, government initiatives towards network digitalization coupled with growing spending in the network infrastructure space, primarily across the IT and corporate sector have further assisted in the market development,” he added.
The major segments that demand the Ethernet switching applications include Healthcare, Hospitality and e-commerce. On parallel to the growth, there are few hurdles that restrain its growth as well, including the lack of awareness among the consumers, absence of essential network infrastructure in remote places of the country, etc.