

Simply put, a layer 3 switch combines the functionality of a switch and a router. It acts as a switch to connect devices that are on the same subnet or virtual LAN at lightning speeds and has IP routing intelligence built into it to double up as a router. It can support routing protocols, inspect incoming packets, and can even make routing decisions based on the source and destination addresses.
The global Layer 3 Switch market size is projected to grow from US$ 499.9 million in 2023 to US$ 712.2 million in 2030; it is expected to grow at a CAGR of 5.2% from 2024 to 2030.
The “Layer 3 Switch Industry Forecast” looks at past sales and reviews total world Layer 3 Switch sales in 2023, providing a comprehensive analysis by region and market sector of projected Layer 3 Switch sales for 2024 through 2030. With Layer 3 Switch sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Layer 3 Switch industry.
This Insight Report provides a comprehensive analysis of the global Layer 3 Switch landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Layer 3 Switch portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Layer 3 Switch market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Layer 3 Switch and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Layer 3 Switch.
Asia-Pacific is the fastest growing market.
This report presents a comprehensive overview, market shares, and growth opportunities of Layer 3 Switch market by product type, application, key players and key regions and countries.
Segmentation by type
Hardware-based
Software-based
Segmentation by application
Residential Gateway
Commercial Gateway
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cisco
Huawei
SOLIDEX Group
Moxa
Ruijie Networks
Arista Networks
ORing Industrial Networking
UTEK TECHNOLOGY
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Layer 3 Switch Market Size 2019-2030
2.1.2 Layer 3 Switch Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Layer 3 Switch Segment by Type
2.2.1 Hardware-based
2.2.2 Software-based
2.3 Layer 3 Switch Market Size by Type
2.3.1 Layer 3 Switch Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Layer 3 Switch Market Size Market Share by Type (2019-2024)
2.4 Layer 3 Switch Segment by Application
2.4.1 Residential Gateway
2.4.2 Commercial Gateway
2.5 Layer 3 Switch Market Size by Application
2.5.1 Layer 3 Switch Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Layer 3 Switch Market Size Market Share by Application (2019-2024)
3 Layer 3 Switch Market Size by Player
3.1 Layer 3 Switch Market Size Market Share by Players
3.1.1 Global Layer 3 Switch Revenue by Players (2019-2024)
3.1.2 Global Layer 3 Switch Revenue Market Share by Players (2019-2024)
3.2 Global Layer 3 Switch Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Layer 3 Switch by Regions
4.1 Layer 3 Switch Market Size by Regions (2019-2024)
4.2 Americas Layer 3 Switch Market Size Growth (2019-2024)
4.3 APAC Layer 3 Switch Market Size Growth (2019-2024)
4.4 Europe Layer 3 Switch Market Size Growth (2019-2024)
4.5 Middle East & Africa Layer 3 Switch Market Size Growth (2019-2024)
5 Americas
5.1 Americas Layer 3 Switch Market Size by Country (2019-2024)
5.2 Americas Layer 3 Switch Market Size by Type (2019-2024)
5.3 Americas Layer 3 Switch Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Layer 3 Switch Market Size by Region (2019-2024)
6.2 APAC Layer 3 Switch Market Size by Type (2019-2024)
6.3 APAC Layer 3 Switch Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Layer 3 Switch by Country (2019-2024)
7.2 Europe Layer 3 Switch Market Size by Type (2019-2024)
7.3 Europe Layer 3 Switch Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Layer 3 Switch by Region (2019-2024)
8.2 Middle East & Africa Layer 3 Switch Market Size by Type (2019-2024)
8.3 Middle East & Africa Layer 3 Switch Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Layer 3 Switch Market Forecast
10.1 Global Layer 3 Switch Forecast by Regions (2025-2030)
10.1.1 Global Layer 3 Switch Forecast by Regions (2025-2030)
10.1.2 Americas Layer 3 Switch Forecast
10.1.3 APAC Layer 3 Switch Forecast
10.1.4 Europe Layer 3 Switch Forecast
10.1.5 Middle East & Africa Layer 3 Switch Forecast
10.2 Americas Layer 3 Switch Forecast by Country (2025-2030)
10.2.1 United States Layer 3 Switch Market Forecast
10.2.2 Canada Layer 3 Switch Market Forecast
10.2.3 Mexico Layer 3 Switch Market Forecast
10.2.4 Brazil Layer 3 Switch Market Forecast
10.3 APAC Layer 3 Switch Forecast by Region (2025-2030)
10.3.1 China Layer 3 Switch Market Forecast
10.3.2 Japan Layer 3 Switch Market Forecast
10.3.3 Korea Layer 3 Switch Market Forecast
10.3.4 Southeast Asia Layer 3 Switch Market Forecast
10.3.5 India Layer 3 Switch Market Forecast
10.3.6 Australia Layer 3 Switch Market Forecast
10.4 Europe Layer 3 Switch Forecast by Country (2025-2030)
10.4.1 Germany Layer 3 Switch Market Forecast
10.4.2 France Layer 3 Switch Market Forecast
10.4.3 UK Layer 3 Switch Market Forecast
10.4.4 Italy Layer 3 Switch Market Forecast
10.4.5 Russia Layer 3 Switch Market Forecast
10.5 Middle East & Africa Layer 3 Switch Forecast by Region (2025-2030)
10.5.1 Egypt Layer 3 Switch Market Forecast
10.5.2 South Africa Layer 3 Switch Market Forecast
10.5.3 Israel Layer 3 Switch Market Forecast
10.5.4 Turkey Layer 3 Switch Market Forecast
10.5.5 GCC Countries Layer 3 Switch Market Forecast
10.6 Global Layer 3 Switch Forecast by Type (2025-2030)
10.7 Global Layer 3 Switch Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 Cisco
11.1.1 Cisco Company Information
11.1.2 Cisco Layer 3 Switch Product Offered
11.1.3 Cisco Layer 3 Switch Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Cisco Main Business Overview
11.1.5 Cisco Latest Developments
11.2 Huawei
11.2.1 Huawei Company Information
11.2.2 Huawei Layer 3 Switch Product Offered
11.2.3 Huawei Layer 3 Switch Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Huawei Main Business Overview
11.2.5 Huawei Latest Developments
11.3 SOLIDEX Group
11.3.1 SOLIDEX Group Company Information
11.3.2 SOLIDEX Group Layer 3 Switch Product Offered
11.3.3 SOLIDEX Group Layer 3 Switch Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 SOLIDEX Group Main Business Overview
11.3.5 SOLIDEX Group Latest Developments
11.4 Moxa
11.4.1 Moxa Company Information
11.4.2 Moxa Layer 3 Switch Product Offered
11.4.3 Moxa Layer 3 Switch Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Moxa Main Business Overview
11.4.5 Moxa Latest Developments
11.5 Ruijie Networks
11.5.1 Ruijie Networks Company Information
11.5.2 Ruijie Networks Layer 3 Switch Product Offered
11.5.3 Ruijie Networks Layer 3 Switch Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Ruijie Networks Main Business Overview
11.5.5 Ruijie Networks Latest Developments
11.6 Arista Networks
11.6.1 Arista Networks Company Information
11.6.2 Arista Networks Layer 3 Switch Product Offered
11.6.3 Arista Networks Layer 3 Switch Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Arista Networks Main Business Overview
11.6.5 Arista Networks Latest Developments
11.7 ORing Industrial Networking
11.7.1 ORing Industrial Networking Company Information
11.7.2 ORing Industrial Networking Layer 3 Switch Product Offered
11.7.3 ORing Industrial Networking Layer 3 Switch Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 ORing Industrial Networking Main Business Overview
11.7.5 ORing Industrial Networking Latest Developments
11.8 UTEK TECHNOLOGY
11.8.1 UTEK TECHNOLOGY Company Information
11.8.2 UTEK TECHNOLOGY Layer 3 Switch Product Offered
11.8.3 UTEK TECHNOLOGY Layer 3 Switch Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 UTEK TECHNOLOGY Main Business Overview
11.8.5 UTEK TECHNOLOGY Latest Developments
12 Research Findings and Conclusion
*If Applicable.