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Layer 3 Switch-Global Market Insights and Sales Trends 2025
Synopsis
Simply put, a layer 3 switch combines the functionality of a switch and a router. It acts as a switch to connect devices that are on the same subnet or virtual LAN at lightning speeds and has IP routing intelligence built into it to double up as a router. It can support routing protocols, inspect incoming packets, and can even make routing decisions based on the source and destination addresses.
The global Layer 3 Switch market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Layer 3 Switch in various end use industries. The expanding demands from the Residential Gateway and Commercial Gateway, are propelling Layer 3 Switch market. Hardware-based, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software-based segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Layer 3 Switch market, driven by demand from China, the second largest economy with some signs of stabilising, the Layer 3 Switch market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Layer 3 Switch, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Layer 3 Switch market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Layer 3 Switch market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Layer 3 Switch sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Layer 3 Switch covered in this report include Cisco, Huawei, SOLIDEX Group, Moxa, Ruijie Networks, Arista Networks, ORing Industrial Networking and UTEK TECHNOLOGY, etc.
The global Layer 3 Switch market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cisco
Huawei
SOLIDEX Group
Moxa
Ruijie Networks
Arista Networks
ORing Industrial Networking
UTEK TECHNOLOGY
Global Layer 3 Switch market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Layer 3 Switch market, Segment by Type:
Hardware-based
Software-based
Global Layer 3 Switch market, by Application
Residential Gateway
Commercial Gateway
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Layer 3 Switch companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Simply put, a layer 3 switch combines the functionality of a switch and a router. It acts as a switch to connect devices that are on the same subnet or virtual LAN at lightning speeds and has IP routing intelligence built into it to double up as a router. It can support routing protocols, inspect incoming packets, and can even make routing decisions based on the source and destination addresses.
The global Layer 3 Switch market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Layer 3 Switch in various end use industries. The expanding demands from the Residential Gateway and Commercial Gateway, are propelling Layer 3 Switch market. Hardware-based, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software-based segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Layer 3 Switch market, driven by demand from China, the second largest economy with some signs of stabilising, the Layer 3 Switch market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Layer 3 Switch, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Layer 3 Switch market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Layer 3 Switch market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Layer 3 Switch sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Layer 3 Switch covered in this report include Cisco, Huawei, SOLIDEX Group, Moxa, Ruijie Networks, Arista Networks, ORing Industrial Networking and UTEK TECHNOLOGY, etc.
The global Layer 3 Switch market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cisco
Huawei
SOLIDEX Group
Moxa
Ruijie Networks
Arista Networks
ORing Industrial Networking
UTEK TECHNOLOGY
Global Layer 3 Switch market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Layer 3 Switch market, Segment by Type:
Hardware-based
Software-based
Global Layer 3 Switch market, by Application
Residential Gateway
Commercial Gateway
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Layer 3 Switch companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Layer 3 Switch
1.1 Layer 3 Switch Market Overview
1.1.1 Layer 3 Switch Product Scope
1.1.2 Layer 3 Switch Market Status and Outlook
1.2 Global Layer 3 Switch Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Layer 3 Switch Market Size by Region (2018-2029)
1.4 Global Layer 3 Switch Historic Market Size by Region (2018-2023)
1.5 Global Layer 3 Switch Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Layer 3 Switch Market Size (2018-2029)
1.6.1 North America Layer 3 Switch Market Size (2018-2029)
1.6.2 Europe Layer 3 Switch Market Size (2018-2029)
1.6.3 Asia-Pacific Layer 3 Switch Market Size (2018-2029)
1.6.4 Latin America Layer 3 Switch Market Size (2018-2029)
1.6.5 Middle East & Africa Layer 3 Switch Market Size (2018-2029)
2 Layer 3 Switch Market by Type
2.1 Introduction
2.1.1 Hardware-based
2.1.2 Software-based
2.2 Global Layer 3 Switch Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Layer 3 Switch Historic Market Size by Type (2018-2023)
2.2.2 Global Layer 3 Switch Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Layer 3 Switch Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Layer 3 Switch Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Layer 3 Switch Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Layer 3 Switch Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Layer 3 Switch Revenue Breakdown by Type (2018-2029)
3 Layer 3 Switch Market Overview by Application
3.1 Introduction
3.1.1 Residential Gateway
3.1.2 Commercial Gateway
3.2 Global Layer 3 Switch Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Layer 3 Switch Historic Market Size by Application (2018-2023)
3.2.2 Global Layer 3 Switch Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Layer 3 Switch Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Layer 3 Switch Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Layer 3 Switch Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Layer 3 Switch Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Layer 3 Switch Revenue Breakdown by Application (2018-2029)
4 Layer 3 Switch Competition Analysis by Players
4.1 Global Layer 3 Switch Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Layer 3 Switch as of 2022)
4.3 Date of Key Players Enter into Layer 3 Switch Market
4.4 Global Top Players Layer 3 Switch Headquarters and Area Served
4.5 Key Players Layer 3 Switch Product Solution and Service
4.6 Competitive Status
4.6.1 Layer 3 Switch Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Cisco
5.1.1 Cisco Profile
5.1.2 Cisco Main Business
5.1.3 Cisco Layer 3 Switch Products, Services and Solutions
5.1.4 Cisco Layer 3 Switch Revenue (US$ Million) & (2018-2023)
5.1.5 Cisco Recent Developments
5.2 Huawei
5.2.1 Huawei Profile
5.2.2 Huawei Main Business
5.2.3 Huawei Layer 3 Switch Products, Services and Solutions
5.2.4 Huawei Layer 3 Switch Revenue (US$ Million) & (2018-2023)
5.2.5 Huawei Recent Developments
5.3 SOLIDEX Group
5.3.1 SOLIDEX Group Profile
5.3.2 SOLIDEX Group Main Business
5.3.3 SOLIDEX Group Layer 3 Switch Products, Services and Solutions
5.3.4 SOLIDEX Group Layer 3 Switch Revenue (US$ Million) & (2018-2023)
5.3.5 Moxa Recent Developments
5.4 Moxa
5.4.1 Moxa Profile
5.4.2 Moxa Main Business
5.4.3 Moxa Layer 3 Switch Products, Services and Solutions
5.4.4 Moxa Layer 3 Switch Revenue (US$ Million) & (2018-2023)
5.4.5 Moxa Recent Developments
5.5 Ruijie Networks
5.5.1 Ruijie Networks Profile
5.5.2 Ruijie Networks Main Business
5.5.3 Ruijie Networks Layer 3 Switch Products, Services and Solutions
5.5.4 Ruijie Networks Layer 3 Switch Revenue (US$ Million) & (2018-2023)
5.5.5 Ruijie Networks Recent Developments
5.6 Arista Networks
5.6.1 Arista Networks Profile
5.6.2 Arista Networks Main Business
5.6.3 Arista Networks Layer 3 Switch Products, Services and Solutions
5.6.4 Arista Networks Layer 3 Switch Revenue (US$ Million) & (2018-2023)
5.6.5 Arista Networks Recent Developments
5.7 ORing Industrial Networking
5.7.1 ORing Industrial Networking Profile
5.7.2 ORing Industrial Networking Main Business
5.7.3 ORing Industrial Networking Layer 3 Switch Products, Services and Solutions
5.7.4 ORing Industrial Networking Layer 3 Switch Revenue (US$ Million) & (2018-2023)
5.7.5 ORing Industrial Networking Recent Developments
5.8 UTEK TECHNOLOGY
5.8.1 UTEK TECHNOLOGY Profile
5.8.2 UTEK TECHNOLOGY Main Business
5.8.3 UTEK TECHNOLOGY Layer 3 Switch Products, Services and Solutions
5.8.4 UTEK TECHNOLOGY Layer 3 Switch Revenue (US$ Million) & (2018-2023)
5.8.5 UTEK TECHNOLOGY Recent Developments
6 North America
6.1 North America Layer 3 Switch Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Layer 3 Switch Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Layer 3 Switch Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Layer 3 Switch Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Layer 3 Switch Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Layer 3 Switch Market Dynamics
11.1 Layer 3 Switch Industry Trends
11.2 Layer 3 Switch Market Drivers
11.3 Layer 3 Switch Market Challenges
11.4 Layer 3 Switch Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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