Layer 3 Switch Market Trends, Business Overview, Industry Growth and Forecast to 2027

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.

Key Players

  • Cisco
  • Huawei
  • SOLIDEX Group
  • Moxa
  • Ruijie Networks
  • Arista Networks
  • ORing Industrial Networking
  • UTEK TECHNOLOGY

Segments by Type

  • Hardware-based
  • Software-based

Segments by Application

  • Residential Gateway
  • Commercial Gateway

Scope of the Report

The research study analyses the global Layer 3 Switch Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

Geographic Coverage 

  • o North America Market Size and/or Volume
  • o Latin America Market Size and/or Volume
  • o Europe Market Size and/or Volume
  • o Asia-Pacific Market Size and/or Volume
  • o Rest of the world Market Size and/or Volume

1. What was the Layer 3 Switch Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of Layer 3 Switch Market during the forecast period (2021-2027)?

3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).

4. Which manufacturer/vendor/players in the Layer 3 Switch Market was the market leader in 2020?

5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report will be delivered within 48-72 hours after payment confirmation