In 2021, the military ethernet switches market worldwide reached a revenue of 1.5 billion U.S. dollars. Forecasts expect the market to experience an upward trend, reaching more than 3.1 billion U.S. dollars in revenue by 2030, as data from NMSC shows.
Projected global revenue of the military ethernet switches market between 2020 and 2030
(in billion U.S. dollars)
* Forecast.
According to the source, ethernet switches "offer a central connection in an ethernet network, where the connected devices have a dedicated link with full operational bandwidth. Switches split LAN data into smaller data packets and send it to the destination in order to reduce the wastage of capacity caused due to sending data to parts of the network that do not require it. Ethernet switches are widely used for military applications due to their rich management capability."
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Next Move Strategy Consulting. (January 26, 2022). Projected global revenue of the military ethernet switches market between 2020 and 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1295197/global-military-ethernet-switches-market-revenue/
Next Move Strategy Consulting. "Projected global revenue of the military ethernet switches market between 2020 and 2030 (in billion U.S. dollars)." Chart. January 26, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1295197/global-military-ethernet-switches-market-revenue/
Next Move Strategy Consulting. (2022). Projected global revenue of the military ethernet switches market between 2020 and 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1295197/global-military-ethernet-switches-market-revenue/
Next Move Strategy Consulting. "Projected Global Revenue of The Military Ethernet Switches Market between 2020 and 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Jan 2022, https://www.statista.com/statistics/1295197/global-military-ethernet-switches-market-revenue/
Next Move Strategy Consulting, Projected global revenue of the military ethernet switches market between 2020 and 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1295197/global-military-ethernet-switches-market-revenue/ (last visited July 22, 2024)
Projected global revenue of the military ethernet switches market between 2020 and 2030 (in billion U.S. dollars) [Graph], Next Move Strategy Consulting, January 26, 2022. [Online]. Available: https://www.statista.com/statistics/1295197/global-military-ethernet-switches-market-revenue/
