High Speed Serial Switch Fabrics Market: Snapshot
High speed switched fabric refers to switching system that aims at connecting devices together with an objective to support multiple simultaneous data transfers usually implemented with a crossbar switch. It involves data transfer in the form of packets with the help of information contained in the packet header for error detection, identification, correcting, and routing.
The low number of smaller connectors, cables, and signal lines which result in simplified system integration, better system density, lower installation costs, and easier maintenance of data transfer networks are the most important factors boosting the high speed serial switch fabrics market. Furthermore, availability of variable fabric switches that serves data network demand of various end use industries is also driving this market. Product manufacturers are continually introducing advance networking switches in order to support end user demand. In particular, the popularity of ethernet switches has increased due to increasing demand for high speed data transfer capabilities in the telecommunication industry. With obsolescence of traditional data transfer techniques, high speed serial switch fabric integration is expected to display increased market share in the coming years.
Despite various driving factors, the growth of this market is challenged due to several factors. First and foremost, challenges pertaining to traffic management interaction and backplane interfacing are having a negative impact on the growth of this market. Nevertheless, the use of switch fabric for several applications from high-speed telecommunications to storage area to networking will extend growth opportunities to this market.
The global market for high speed serial watch fabrics market stood at a valuation of US$417.1 mn in 2016 and is projected to develop at a CAGR of 12.3% between 2017 and 2025. This will result in the market to reach a valuation of US$1156.2 mn by the end of 2025.
Network Core Product Type to Hold Increased Market Share
On the basis of product type, the high speed serial switch fabrics market is segmented into layer switching, VLAN switching, core switching, network core switching, and others. The segment of network core switching contributed the leading revenue of 37.7% in 2016 and its revenue contribution is expected to increase to 39.2% by 2025. On the other hand, the segment of VLAN switching is expected to display a declined revenue share between 2016 and 2025 due to the increasing demand for network core and layer switching in data center consolidation.
By application, the high speed serial switch fabrics market is segmented into data center consolidation, audio and video transmission, security, and others. Security is the leading application segment with its revenue contribution expected to increase from US$140.0 mn in 2016 to US$408.8 mn by the end of 2025, expanding at a CAGR of 13.0% between 2017 and 2025.
Asia Pacific to Emerge as Key Market
On the basis of geography, the global high speed serial switch fabrics market can be segmented into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. In 2016, North America dominated in terms of revenue contribution accounting for 38.5% of the overall market. Supremacy of North America is due to the presence of key manufacturers that operate in this region followed by increasing adoption rate of switch fabrics in data transfer networks.
Asia Pacific held the second-leading share of 27.3% of the overall market in 2016. The growth of this region is primarily driven by increasing use of high speed switches across the semiconductor industry.
Some of the key players in the high speed serial switch fabrics market include Pentek Inc., Cisco Systems Inc., Sierra Wireless, Intel Corporation, Macom, Microsemi Corporation, Broadcom Corporation, Curtiss-Wright Corporation, and Integrated Device Technology Inc.
High Speed Serial Switch Fabrics Market: Overview
The report provides analysis of different drivers that are impacting the global high speed serial switch fabrics market along with restrains and opportunities as per the scope of the report. For each segment (such as product type and application) market analysis is provided. Additionally taking into consideration all the drivers, an extensive geographical growth analysis is provided for the forecasted period has been provided in the report.
The major players in the market have been profiled across five broad geographical regions. The profile include business strategies adopted these players in the automotive polycarbonate glazing market. Further, the report includes market attractiveness analysis of four different automotive glazing application and insights into the market.
High Speed Serial Switch Fabrics Market: Market Dynamics
Switch fabrics concepts have originated in telecommunication industry more than 150 years ago. High speed switched fabric is defined as a switching system that aims at connecting devices together with an objective to support multiple simultaneous data transfers which is basically implemented with a crossbar switch. The data is sent in the form of packets with the help of information contained in the packet header for error detection, identification, correction and routing. Users of high speed switched fabric mainly use serial links owing to the recent advances in the serial data technology.
There is a rising demand of signal processing in defense and aerospace application. High speed switch serial fabric networking application is gaining popularity as parallel processing architectures is advancing from the OpenVPX Multiplane Architecture and industry standards. High-performance applications such as electronic warfare, radar and signals intelligence are using this technology for signal processing. In aerospace and defense sector there is a need to move enormous volumes of data as rapidly through their computing solution. Across the globe, the demand of high speed data transfer technology is growing at a rapid space. High speed serial switch fabric systems conform to commercial standards that move data quickly. Moreover, the high speed signal processing eliminates the time and risk associated with new technology system development. With the increasing pressure in defense and commercial arenas it is anticipated that high speed signal processing is expected to drive this product market during the forecast period.
There is a growing adoption of networking switch fabrics across the world. The switch fabric in networking means a topology of how a network is connected in a circuit-switched or data network. Current trend of data networking has added more value and pushed the concept in new levels. In addition, switching technology, chip and connectivity are used to join bits in networking fabrics. In some instance, this switch fabrics are used as single switch which is known as switch on a chip.
Across the globe, data network were developed due to increasing demand of data network from various end use industry. Companies operating in this market are focusing on innovations in networking fabrics switches which can support end user industries demand. Among others networking high speed serial switch fabrics, ethernet switch has increased its popularity due to increasing usages of high speed data transfer in telecommunication industry and data center.
With the obsolescence of traditional data transfer problem, the high speed serial switch fabrics integration is likely to continue to expand the market share during the forecasted period.
High Speed Serial Switch Fabrics Market: Competitive Landscape
The report highlights the various competitive strategies adopted by key players to gain market share. Company profiles include company details, market presence by segment and geography, strategic overview, SWOT analysis and historical revenue. The report also contains details of market share analysis of key players in the market. Major firms operating in the high speed serial switch fabric market are Pentek, Inc. (the U.S), Microsemi Corporation (the U.S), Cisco Systems, Inc. (the U.S), Broadcom Corporation (the U.S), Sierra Wireless (Canada), Curtiss-Wright Corporation (the U.S), Intel Corporation (the U.S), Integrated Device Technology Inc.(the U.S) and Macom (the U.S).
The global High Speed Serial Switch Fabrics Market has been segmented into:
Global High Speed Serial Switch Fabrics Market, by Product Type
- Layer Switching
- Network Core Switching
- VLAN Switching
Global High Speed Serial Switch Fabrics Market, Application
- Data center consolidation
- Audio and Video Transmission
Global High Speed Serial Switch Fabric Market, by Geography:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa