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    South Korea Ethernet Switch Market

    ID: MRFR/SEM/46590-HCR
    200 Pages
    Garvit Vyas
    September 2025

    South Korea Ethernet Switch Market Research Report: By Type (Modular Ethernet switches, Fixed Configuration Ethernet switches) and By Switching Ports (100ME, 1GbE, 10GbE, 40GbE and 100GbE) - Forecast to 2035

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    Table of Contents

    South Korea Ethernet Switch Market Summary

    The South Korea Ethernet Switch market is projected to grow significantly from 270.6 USD Million in 2024 to 550 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Ethernet Switch Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 6.66 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 550 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 270.6 USD Million, reflecting a solid foundation for future expansion.
    • Growing adoption of Ethernet technology due to increasing demand for high-speed internet is a major market driver.

    Market Size & Forecast

    2024 Market Size 270.6 (USD Million)
    2035 Market Size 550 (USD Million)
    CAGR (2025-2035) 6.66%

    Major Players

    Mikrotik, Hewlett Packard Enterprise, Netgear, Arista Networks, Extreme Networks, Brocade Communications Systems, Dell Technologies, ZTE Corporation, TPLink, Juniper Networks, Cisco Systems, DLink, Huawei Technologies

    South Korea Ethernet Switch Market Trends

    The South Korea Ethernet Switch Market is experiencing significant growth driven by the increasing demand for high-speed internet and enhanced network connectivity. The growing digitization of businesses in various sectors, including healthcare, finance, and education, is a key market driver. This demand is further fueled by the South Korean government’s initiatives to boost digital infrastructure and innovation. Programs aimed at improving smart city projects and expanding 5G networks contribute to the rising need for more advanced Ethernet switches capable of handling greater bandwidth and ensuring reliable connections.

    Opportunities to be explored include the integration of Ethernet switches with Internet of Things (IoT) devices, as the adoption of smart technologies continues to rise across South Korea.

    As industries seek to automate processes and improve efficiency, there is a growing potential for Ethernet switches that support seamless communication between IoT devices and cloud services. Additionally, the education sector is moving towards advanced digital learning systems, creating demands for scalable network solutions that Ethernet switches can provide. Recent trends in the market highlight a shift towards energy-efficient and environmentally friendly Ethernet switches. With South Korea’s commitment to sustainable development and reducing carbon emissions, manufacturers are focusing on creating products that not only meet performance standards but also align with green initiatives.

    Furthermore, software-defined networking (SDN) is becoming more prevalent, enabling greater flexibility and management in network configurations. This evolution towards smarter, more adaptable Ethernet switches signifies an ongoing transformation in South Korea's networking landscape, catering to both current needs and future advancements.

    South Korea Ethernet Switch Market Drivers

    Market Segment Insights

    Get more detailed insights about South Korea Ethernet Switch Market Research Report - Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The South Korea Ethernet Switch Market is a dynamic and rapidly evolving landscape characterized by the presence of diverse players competing to meet the surging demand for high-performance networking solutions. With the digital transformation and the increasing reliance on cloud-based services, data centers, and connected devices, the need for reliable and efficient network infrastructure is at an all-time high. The competitive dynamics of this market reflect the strategic initiatives that companies are adopting to enhance their product offerings, maintain market share, and respond to technological advancements.

    Factors such as innovation, pricing strategies, customer support, and after-sales services play a crucial role in determining the competitive edge among market participants.

    Mikrotik has established a notable presence in the South Korean Ethernet Switch Market by offering tailored solutions that meet the needs of various sectors, including small and medium enterprises as well as larger corporations. The company's strengths lie in its ability to provide affordable and high-quality products that are known for their reliability and user-friendly interfaces. Its RouterOS software platform delivers powerful routing and switching capabilities, making it a favored choice among network professionals.

    By focusing on innovative product development and strong performance metrics, Mikrotik has garnered a loyal customer base in South Korea, positioning itself as a competitive player in the market landscape.

    Hewlett Packard Enterprise (HPE) holds a significant position in the South Korea Ethernet Switch Market, recognized for its comprehensive solutions that address the growing demand for robust network infrastructures. HPE's range of Ethernet switches, designed for both data center and enterprise environments, showcases advanced features such as high throughput, scalability, and security. The company's strengths include its strong brand reputation, extensive distribution networks, and commitment to customer support and service excellence.

    HPE has also engaged in strategic mergers and acquisitions to enhance its portfolio and expand its market presence in South Korea. This strategic positioning enables HPE to leverage technological advancements, promote integrated solutions, and cater effectively to a wide array of customers looking for cutting-edge networking solutions that drive operational efficiency and innovation.

    Key Companies in the South Korea Ethernet Switch Market market include

    Industry Developments

    The South Korea Ethernet Switch Market has seen notable activity in recent months, with various players making strategic moves. Companies like Hewlett Packard Enterprise and Cisco Systems are refining their product lines to meet the increasing demand for high-speed connectivity driven by the country's digital transformation initiatives. As businesses and institutions invest in upgrading their network infrastructure, this market is witnessing significant growth. In October 2023, to bolster its market presence, Extreme Networks announced a partnership aimed at expanding its operations in South Korea.

    Meanwhile, in September 2023, ZTE Corporation reported an uptick in sales attributed to its latest Ethernet switch models optimized for 5G networks. In terms of mergers and acquisitions, while there have been discussions, no publicly known acquisitions among the targeted companies have been reported recently. However, the market is anticipated to continue evolving as local businesses seek to enhance performance with advanced networking solutions. The growth in market valuation is projected to have a positive impact on the South Korean economy as the demand for reliable connectivity rises, which is crucial for sectors such as finance, education, and healthcare.

    Market Segmentation

    Outlook

    • 100ME
    • 1GbE
    • 10GbE
    • 40GbE and 100GbE

    Ethernet Switch Market Type Outlook

    • Modular Ethernet switches
    • Fixed Configuration Ethernet switches

    Ethernet Switch Market Switching Ports Outlook

    • 100ME
    • 1GbE
    • 10GbE
    • 40GbE and 100GbE

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 256.0 (USD Million)
    MARKET SIZE 2024 270.62 (USD Million)
    MARKET SIZE 2035 550.0 (USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 6.66% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Mikrotik, Hewlett Packard Enterprise, Netgear, Arista Networks, Extreme Networks, Brocade Communications Systems, Dell Technologies, MikroTik, ZTE Corporation, NETGEAR, TPLink, Juniper Networks, Cisco Systems, DLink, Huawei Technologies
    SEGMENTS COVERED Type, Switching Ports
    KEY MARKET OPPORTUNITIES Growing demand for cloud services, Integration with IoT devices, Expansion of data centers, Increasing adoption of 5G technology, Enhanced security features in switches
    KEY MARKET DYNAMICS Growing demand for high-speed connectivity, increasing adoption of IoT devices, enterprise network upgrading and expansion, rising need for secure networks, competitive pricing pressures
    COUNTRIES COVERED South Korea

    Market Highlights

    Author
    Garvit Vyas
    Analyst

    Explore the profile of Garvit Vyas, one of our esteemed authors at Market Research Future, and access their expert research contributions in the field of market research and industry analysis

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    FAQs

    What is the expected market size of the South Korea Ethernet Switch Market in 2024?

    The South Korea Ethernet Switch Market is expected to be valued at 270.62 million USD in 2024.

    How much is the South Korea Ethernet Switch Market projected to grow by 2035?

    By 2035, the South Korea Ethernet Switch Market is projected to grow to a value of 550.0 million USD.

    What is the expected compound annual growth rate (CAGR) for the market from 2025 to 2035?

    The expected CAGR for the South Korea Ethernet Switch Market from 2025 to 2035 is 6.66%.

    What is the market size for Modular Ethernet switches in 2024?

    In 2024, the Modular Ethernet switches segment is valued at 81.15 million USD.

    What is the projected market size for Fixed Configuration Ethernet switches by 2035?

    The Fixed Configuration Ethernet switches segment is projected to be valued at 386.75 million USD by 2035.

    Who are the major players in the South Korea Ethernet Switch Market?

    Key players include Mikrotik, Hewlett Packard Enterprise, Netgear, Arista Networks, and Cisco Systems among others.

    What are the growth drivers for the South Korea Ethernet Switch Market?

    Key growth drivers include the increasing demand for network infrastructure and advancements in technology.

    What key trends are emerging in the South Korea Ethernet Switch Market?

    Emerging trends include the shift towards cloud-based networking solutions and rising adoption of 5G technology.

    How is the South Korea Ethernet Switch Market impacted by regional demands?

    The market is significantly influenced by the growing IT sector and increasing internet penetration in South Korea.

    What challenges does the South Korea Ethernet Switch Market face?

    Challenges include intense competition and the rapid pace of technological advancements affecting product lifecycles.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. South Korea Ethernet Switch Market, BY Type (USD Million)
    45. Modular Ethernet switches
    46. Fixed Configuration Ethernet switches
    47. South Korea Ethernet Switch Market, BY Switching Ports (USD Million)
    48. ME
    49. GbE
    50. GbE
    51. GbE and 100GbE
    52. Competitive Landscape
    53. Overview
    54. Competitive Analysis
    55. Market share Analysis
    56. Major Growth Strategy in the Ethernet Switch Market
    57. Competitive Benchmarking
    58. Leading Players in Terms of Number of Developments in the Ethernet Switch Market
    59. Key developments and growth strategies
    60. New Product Launch/Service Deployment
    61. Merger & Acquisitions
    62. Joint Ventures
    63. Major Players Financial Matrix
    64. Sales and Operating Income
    65. Major Players R&D Expenditure. 2023
    66. Company Profiles
    67. Mikrotik
    68. Financial Overview
    69. Products Offered
    70. Key Developments
    71. SWOT Analysis
    72. Key Strategies
    73. Hewlett Packard Enterprise
    74. Financial Overview
    75. Products Offered
    76. Key Developments
    77. SWOT Analysis
    78. Key Strategies
    79. Netgear
    80. Financial Overview
    81. Products Offered
    82. Key Developments
    83. SWOT Analysis
    84. Key Strategies
    85. Arista Networks
    86. Financial Overview
    87. Products Offered
    88. Key Developments
    89. SWOT Analysis
    90. Key Strategies
    91. Extreme Networks
    92. Financial Overview
    93. Products Offered
    94. Key Developments
    95. SWOT Analysis
    96. Key Strategies
    97. Brocade Communications Systems
    98. Financial Overview
    99. Products Offered
    100. Key Developments
    101. SWOT Analysis
    102. Key Strategies
    103. Dell Technologies
    104. Financial Overview
    105. Products Offered
    106. Key Developments
    107. SWOT Analysis
    108. Key Strategies
    109. MikroTik
    110. Financial Overview
    111. Products Offered
    112. Key Developments
    113. SWOT Analysis
    114. Key Strategies
    115. ZTE Corporation
    116. Financial Overview
    117. Products Offered
    118. Key Developments
    119. SWOT Analysis
    120. Key Strategies
    121. NETGEAR
    122. Financial Overview
    123. Products Offered
    124. Key Developments
    125. SWOT Analysis
    126. Key Strategies
    127. TPLink
    128. Financial Overview
    129. Products Offered
    130. Key Developments
    131. SWOT Analysis
    132. Key Strategies
    133. Juniper Networks
    134. Financial Overview
    135. Products Offered
    136. Key Developments
    137. SWOT Analysis
    138. Key Strategies
    139. Cisco Systems
    140. Financial Overview
    141. Products Offered
    142. Key Developments
    143. SWOT Analysis
    144. Key Strategies
    145. DLink
    146. Financial Overview
    147. Products Offered
    148. Key Developments
    149. SWOT Analysis
    150. Key Strategies
    151. Huawei Technologies
    152. Financial Overview
    153. Products Offered
    154. Key Developments
    155. SWOT Analysis
    156. Key Strategies
    157. References
    158. Related Reports
    159. South Korea Ethernet Switch Market SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    160. South Korea Ethernet Switch Market SIZE ESTIMATES & FORECAST, BY SWITCHING PORTS, 2019-2035 (USD Billions)
    161. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    162. ACQUISITION/PARTNERSHIP
    163. MARKET SYNOPSIS
    164. SOUTH KOREA ETHERNET SWITCH MARKET ANALYSIS BY TYPE
    165. SOUTH KOREA ETHERNET SWITCH MARKET ANALYSIS BY SWITCHING PORTS
    166. KEY BUYING CRITERIA OF ETHERNET SWITCH MARKET
    167. RESEARCH PROCESS OF MRFR
    168. DRO ANALYSIS OF ETHERNET SWITCH MARKET
    169. DRIVERS IMPACT ANALYSIS: ETHERNET SWITCH MARKET
    170. RESTRAINTS IMPACT ANALYSIS: ETHERNET SWITCH MARKET
    171. SUPPLY / VALUE CHAIN: ETHERNET SWITCH MARKET
    172. ETHERNET SWITCH MARKET, BY TYPE, 2025 (% SHARE)
    173. ETHERNET SWITCH MARKET, BY TYPE, 2019 TO 2035 (USD Billions)
    174. ETHERNET SWITCH MARKET, BY SWITCHING PORTS, 2025 (% SHARE)
    175. ETHERNET SWITCH MARKET, BY SWITCHING PORTS, 2019 TO 2035 (USD Billions)
    176. BENCHMARKING OF MAJOR COMPETITORS

    South Korea Ethernet Switch Market Segmentation

    • Ethernet Switch Market By Type (USD Million, 2019-2035)

      • Modular Ethernet switches
      • Fixed Configuration Ethernet switches
    • Ethernet Switch Market By Switching Ports (USD Million, 2019-2035)

      • 100ME
      • 1GbE
      • 10GbE
      • 40GbE and 100GbE
    Report Infographic
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