Research and Markets: The Global Enterprise Local Area Network Switches Market to Grow At A CAGR Of 7.7 Percent over the Period 2011-2015
Research and Markets (http://www.researchandmarkets.com/research/pnlr8v/global_enterprise) has announced the addition of the "Global Enterprise Local Area Network Switches Market 2011-2015" report to their offering.
One of the key factors contributing to this market growth is the increasing adoption of smart devices. The Global Enterprise Local Area Network Switches market has also been witnessing the increasing adoption of 10 GbE switches. However, the issues regarding network security could pose a challenge to the growth of this market.
Key vendors dominating this market space include Cisco Systems Inc., Hewlett-Packard Co. (HP), and Juniper Networks Inc.
Other vendors mentioned in the report: Brocade Communications Systems Inc., IBM Corp., and Alcatel-Lucent.
Commenting on the report, an analyst from TechNavio's Networking team said: ''Organizations are increasingly concerned about the increase in the amount of data flowing through their networks. Networks are carrying large amounts of packet data because organizations use the internet for their day-to-day operations to help their staff and customers. In addition, the network traffic is increasing due to the increasing use of instant messaging, voice over IP (VoIP) and video conferencing. Additionally, the efficiency and predictability of a network decreases as the load on the network increases. Hence, organizations are now depending heavily on switches to manage the network traffic more efficiently. Since switches are able to interconnect different networking devices in various networks, packet data can be transferred more efficiently. Additionally, switches are able to store information, and with the availability of various network devices, the transmission of packet data through a network is quicker.''
Further, the report discusses that one of the most significant challenges for this market is issues regarding network security.
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