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.