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Data Center Switch Market Anticipated to Reach USD 40.40 Billion by 2029 with a 5.19% CAGR with Technological Innovations at the Core of Market [Yahoo! Finance]
Last cisco systems, inc. earnings: 2/12 04:05 pm
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US:NASDAQ Investor Relations: investor.cisco.com/investor-relations/overview/default.aspx
Forecast, 2019-2029F" report has been added to ResearchAndMarkets.com's offering. The Data Center Switch Market is experiencing significant growth, driven by the unstoppable digital transformation in various industries. Experts anticipate a rise from USD 29.17 Billion in 2023 to USD 40.40 Billion by 2029. This market evolution is fueled by the increasing need for efficient data processing influenced by trends such as IoT, cloud computing, AI, and data-hungry applications. Technological Innovations at the Core of Market Innovators of networking solutions are continuously enhancing Data Center Switches to meet the needs of rapidly expanding data volumes, maintaining Ethernet's dominance due to its scalability and cost-effectiveness. With higher port speeds on the horizon, the market is evolving to cater to the heightened demand for enhanced network capacity and performance. Regional Insights and Leading Segments North America, particularly the United States, is at the forefron
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