Research Note: Programmable Ethernet Switch Market
The Programmable Ethernet Switch Market
A programmable network switch is a networking device that allows users to customize how it handles and forwards network traffic through software programming, unlike traditional fixed-function switches. These devices use programmable architectures (like Protocol Independent Switch Architecture or P4-programmable designs) that enable network operators to define custom packet processing logic and implement new network protocols without hardware changes.
The programmable Ethernet switch market was valued at approximately $7.3 billion in 2023 and is projected to reach between $15.9-20.7 billion by 2030-2032. The market is growing at a compound annual growth rate (CAGR) of 5.2-9.1%, depending on the source. Growth is driven by increasing data center deployments, the rise of cloud computing, 5G network requirements, and the need for more flexible network infrastructure. Key applications include carrier Ethernet, data centers, and enterprise networks, where these switches enable more adaptable and efficient network management.
Source: Fourester Research