17 Jun 2019 - Global Smart
Managed Switches Market is
expected to grow at a significant CAGR in the upcoming period as the scope and
its applications are rising enormously across the globe. Smart managed switches
are also termed, as smart switches. These connected electrical devices allow
controlling switches using smartphone app or smart home technology.
The
factors that are playing a major role in the growth of smart managed switches
market are the rising use of latest technology, the rising awareness among
populace regarding smart homes, rapid enhancement in IoT, and the growing
urbanization. In addition, government initiative by offering favorable policies
and regulations in developed regions and dynamic and eco-friendly designs are
other factors that are boosting overall market. However, the high cost and lack
of standards may restrain the overall market growth in the years to come.
Smart
managed switch market is segmented based on type, offering, price range,
application, distribution channel, and region. Toggle, push button, specialty,
rocker, and other types that could be explored in the market in the forecast
period.
Software
and hardware are the offerings that could be explored in smart managed switch
market in the forecast period. Hardware sector comprises 48-port gigabit, SFP
for fiber uplinks, and rack-mount or desktop. Software sector comprises VLAN,
quality of service (QoS), auto denial-of-service (DoS), and IGMP snooping.
Price range vary from low, premium, and economy that could be explored in the
market in the forecast period.
The
market may be categorized based on applications like government, residential,
commercial, and others that could be explored in the forecast period. The
commercial sector accounted for the significant share of the market and is
estimated to continue its dominance in the years to come. Based on the
distribution channel, electrical wholesalers, online stores, electric retail
stores, and others could classify smart managed switches in the forecast
period.
Globally,
North America accounted for the significant share of smart managed switches
market and is estimated to lead the overall market in the years to come. The
reason behind the overall market growth could be the high investment in smart
homes, the presence of key manufacturers, and the rising trend of IoT-based
home energy management system. The United States is a major consumer of smart
managed switches in this region. The reason could be the continuous electricity
traffic hikes and the rising home remodeling.
Europe
and the Asia Pacific are also estimated to have a positive influence on future
growth. Europe is the second largest region with significant market share.
However, Asia Pacific is estimated to grow at the highest CAGR in the forecast
period. The aspects that may be ascribed to the growth comprise the growing construction
industry, growing population, and the rapid urbanization. The developing
countries like India and China are the major consumers of smart managed
switches in this region.
The
key players of smart managed switches market are Leviton Manufacturing Co.,
Inc., Eaton Corporation, Lutron Electronics Co., Inc., Ankuoo Electronics Inc.,
General Electric, Wion Products, Belkin International, TP-Link Technologies
Co., Ltd., iDevices, LLC, TP-Link Technologies Co., Ltd., Elgato Eve, and
Logitech International S.A. These players are concentrating on inorganic growth
to sustain themselves amidst fierce competition.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (M USD), market
share and growth rate of Smart Managed Switches in these regions, from 2012 to
2023 (forecast), covering
•
North America (United States, Canada and Mexico)
•
Europe (Germany, France, UK, Russia and Italy)
•
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
•
South America (Brazil, Argentina, Columbia)
•
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Smart Managed Switches market
competition by top manufacturers, with production, price, revenue (value) and market
share for each manufacturer; the top players including
•
D-Link
•
Cisco
•
Dell
•
TP-Link
•
Dell
•
HP
•
NETGEAR
•
Zyxel
•
HUAWEI
•
Repotec
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